Day: August 10, 2023
Coface confirms its very good start to the year with first-half net income of €128.8m. Annualised return on tangible equity at 14.3%
Paris, 10 August 2023 – 17.35Turnover for the first half of the year: €960m, up 11.1% at constant FX and perimeter and 9.9% on a reported basisTrade credit insurance rose +11.2% at constant FX, driven by increased client activity and growth in fee and commission income (+11.3%)
Client retention stood at a record high (94.4%); the price effect was still negative (-2.0%) but less so than in H1-22
Business information momentum continues with double-digit growth (+14.8% at constant FX); factoring up by +5.4%, reflecting clear economic slowdown in Germany and PolandNet loss ratio at 40.3% in H1-23, up by 3.8 ppts; net combined ratio at 65.5%, up by 2.2 ppts (and +8.3 ppts compared to H1-22, excluding the...
Breckenridge Distillery Announces New and Expanded Partnership with the Denver Broncos
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As the Official Bourbon, and Now Vodka Sponsor of the Denver Broncos, Breckenridge Distillery Celebrates the Partnership with New Limited-Edition Commemorative BottlesBack-to-Back Broncos Bourbon BlendsBack-to-Back Broncos Bourbon BlendsBRECKENRIDGE, Colo., Aug. 10, 2023 (GLOBE NEWSWIRE) — Breckenridge Distillery, the ‘World’s Highest Distillery’ one of the most awarded craft distilleries in the U.S., and the official bourbon of the Denver Broncos, today announced two new limited-edition Back-to-Back Broncos Bourbon Blends, the third commemorative Broncos Bourbon Blends of the series collaboration. This season’s bourbon collaboration pays homage to the back-to-back World Championships wins by the Broncos in 1997 and 1998. Fans aged 21 or older in Colorado can purchase the limited-edition bourbon starting today, August...
Vishay Intertechnology VCSEL-Based Reflective Optical Sensor Saves Space, Delivers Improved Performance
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Offered in Compact 1.85 mm by 1.2 mm by 0.6 mm SMD Package, Device Features CTR of 31 %, Sensing Distance to 15 mm, and Lower Power Consumption
MALVERN, Pa., Aug. 10, 2023 (GLOBE NEWSWIRE) — The Optoelectronics group of Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new reflective optical sensor for industrial, computer, consumer, and mobility applications. Saving space compared to previous-generation solutions — while delivering improved performance with a higher current transfer ratio (CTR), increased sensing distance, and lower power consumption — the Vishay Semiconductors VCNT2030 features a vertical-cavity surface-emitting laser (VCSEL) and a silicon phototransistor in a miniature 1.85 mm by 1.2 mm by 0.6 mm surface-mount package.
The device released today features a compact construction in which the emitting...
Caleres and Coveo AI Take Top Honors in Best Personalized Shopping Experience Category at the Glossy Fashion Awards
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Glossy Fashion Awards honors brands ‘creating immersive and personalized moments for their customers’Caleres and Coveo AI Take Top Honors in Best Personalized Shopping Experience Category at the Glossy Fashion AwardsCaleres and Coveo AI Take Top Honors in Best Personalized Shopping Experience Category at the Glossy Fashion AwardsMONTREAL and NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) — Coveo (TSX:CVO), a leader in AI platforms that transform digital experiences with intelligent search, recommendations, 1:1 personalization, and merchandising, today announced that the company and its customer, Caleres (NYSE:CAL), a global footwear company with a diverse portfolio of brands, won for Best Personalized Shopping Experience in the 2023 Glossy Fashion Awards. The award was based on Caleres’ use of the Coveo Relevance Cloud™,...
Butterfly Pea Flowers Market Set to Soar Past USD 0.17 Billion by 2030
Written by Customer Service on . Posted in Mergers And Acquisitions.
The global Butterfly Pea Flowers market size is expected to reach USD 0.17 billion by 2030 and exhibit a CAGR of 5.5% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for natural food color, the growing trend of herbal products and health benefits, raising awareness of the health benefits of butterfly pea flowers, the growing popularity of eco-friendly products, dynamic government regulations, and the high cost of herbal tea are fueling the market’s growth.
Westford USA, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Butterfly Pea Flowers market, increasing consumer interest in functional and health-promoting products, rising demand for natural food colorants and additives, expansion of the food and beverage industry,...
Half-Yearly Results
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Octopus AIM VCT 2 plc
Half-Yearly Results
Octopus AIM VCT 2 plc (the ‘Company’) is a venture capital trust (VCT) which aims to provide shareholders with attractive tax-free dividends and long-term capital growth by investing in a diverse portfolio of predominantly AIM-traded companies. The Company is managed by Octopus Investments Limited (‘Octopus’ or the ‘Investment Manager’).
Today the Company announces the half-yearly results for the six months ended 31 May 2023.
Financial Summary
Six months to 31 May 2023
Six months to 31 May 2022
Year to 30 November 2022Net assets (£’000)
88,237
103,831
101,794Loss after tax (£’000)
(9,038)
(26,909)
(36,695)Net asset value (NAV) per share (p)
53.9
70.5
61.6Total return (%)1
(8.8)
(20.0)
(27.5)Dividends paid in the period (p)
2.3
2.1
4.2Interim dividend (p)2
1.8
2.1
2.31Total...
Folding Cartons Market Set to Soar Past USD 249.6 Billion by 2030
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The global Folding Cartons market size is expected to reach USD 249.6 billion by 2030 and exhibit a CAGR of 4.8% in the forecast period (202−2030), according to Skyquest’s latest research report. The growing demand for branding and marketing, product protection, sustainability, convenience, customization, cost-effectiveness, lightweight and compact, recyclability, regulatory compliance, shelf appeal, easy printing and labeling options, supply chain efficiency are fueling the market’s growth.
Westford USA, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Folding Cartons market, increased adoption of digital printing, smart packaging, eco-friendly materials, minimalist and clean designs, personalized packaging, e-commerce packaging solutions, innovative structural designs, premium...
Nitric Acid Market to Surpass 35.9 Billion by 2030 Drives Due to the Rising Demand from Fertilizer Formulators
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SkyQuest projects that the nitric acid market will attain a USD 35.9billion value by 2030, with a CAGR of 2.4% over the forecast period (2023-2030). The global nitric acid market is experiencing growth due to the rising demand for fertilizer formulators. Nitric acid is a crucial component in nitrogen-based fertilizers, essential for enhancing agricultural productivity. Increased global agricultural activities and the need for optimized crop yields drive this segment’s demand for nitric acid.
Westford,USA, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, increased fertilizer consumption in agrarian economies worldwide has led the global market to experience rapid growth. Growing demand for enhanced crop yield and food production drives higher consumption of nitric acid-based fertilizers, fostering global nitric acid...
Digital Locations CEO Rich Berliner Discussed Direct Message Capability of Indian Regional Satellites with Space Engineer
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Dr. Althaf Azeez commented about the use of direct messages from NavIC to cell phones to warn communities in advance about natural disasters
SANTA BARBARA, CA, Aug. 10, 2023 (GLOBE NEWSWIRE) — Digital Locations, Inc. (OTCMKTS:DLOC), the developer of a disruptive technology that will deliver high-speed Internet from satellites directly to smartphones all over the world, today announced that in a recent podcast, its CEO, Rich Berliner, spoke with Dr. Althaf Azeez, a research engineer at Oregon State University, about the use of direct messages from NavIC to cell phones to warn communities in advance about natural disasters.
NavIC, also known as Indian Regional Navigation Satellite System (IRNSS), is designed with a constellation of 7 satellites and a network of ground stations operating 24 x 7. Three satellites of the constellation...
Deep-South Appoints the MSA Group for an Updated NI 43-101 Mineral Resource Estimate on the Haib Copper Project in Namibia
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VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) — Deep-South Resources Inc. (“Deep-South” or “the Company“) (TSX-V: DSM) announces that it has appointed the MSA Group (“MSA”) of South Africa to produce an updated National Instrument (“NI”) 43-101 Mineral Resource Estimate for the Company’s 100%-owned advanced Haib copper project located in the south of Namibia. The mandate of MSA was interrupted when the Ministry of Mines refused to approve the renewal of the Haib Copper license. The Mineral Resource Estimate and subsequent technical report will follow the completion of the drilling program that was stopped in June 2021. There are still 5,200 meters of drilling to be completed.
Pierre Leveille, President & CEO of Deep-South stated that: “We are pleased to have re-engaged MSA; their vast...