Day: January 16, 2024
Carlos Zarlenga is Appointed North America Chief Operating Officer, Replacing Mark Stewart
AMSTERDAM, January 16, 2024 – Effective February 1, 2024, Carlos Zarlenga will replace Mark Stewart to leverage further improvements in Stellantis’ performance in North America and unleash the iconic American brands portfolio potential in close cooperation with their CEOs.
Carlos Zarlenga is a seasoned leader with more than a decade of automotive experience in EMEA, Asia Pacific and Latin America, together with a strong financial background. Since he joined Stellantis in 2022 as President of Stellantis Mexico, he has delivered a year-on-year improvement in sales performance, market share and AOI, leading to the best profit level ever recorded in Mexico.
Carlos Zarlenga graduated from Universidad de Belgrano – Buenos Aires, Argentina.
“In the very...
The construction of a new 480 m2 building nearby Akropolis Vilnius starts
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AKROPOLIS Vilnius visualizationAKROPOLIS Vilnius visualizationAKROPOLIS Vilnius visualization 1AKROPOLIS Vilnius visualization 1Construction of a new commercial building, a document permitting construction of which was obtained by the real estate development and management company Akropolis Group at the end of December last year, is about to start nearby the shopping and entertainment centre Akropolis Vilnius. The new one-storey building of 480 m2 will house expanded Sportland store. Akropolis Group will invest about EUR 1 million into the construction of the building.
The new building will emerge by the shopping and entertainment centre Akropolis in the capital city of Lithuania, replacing temporary structures, between entrances No. 4 and No. 6 of the shopping centre. The construction operations are expected to take...
SEALSQ, a WISeKey Company, Will Launch SEALCOIN with Google Cloud as a Technology Provider
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Davos, Switzerland , Jan. 16, 2024 (GLOBE NEWSWIRE) —
SEALCOIN Pre-registration is Available at SEALCOIN.AI
Davos, Switzerland – January 16, 2024: SEALSQ Corp (“SEALSQ” or “Company”) (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced the launch of SEALCOIN.AI with Google Cloud as a technology provider. SEALSQ is a subsidiary of WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company. SEALCOIN is a digital token and an advanced cryptocurrency protocol, offered by SEALSQ which focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware...
Teck Announces 2023 Production and 2024 Guidance Update
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VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided select unaudited fourth quarter 2023 production and sales volumes, annual production volumes for 2023, as well as operational and capital guidance for 2024 and production guidance for 2025 to 2027.
Our fourth quarter 2023 financial results are scheduled for release on February 21, 2024.
2023 Production Results
The table below shows a summary of Teck’s share of unaudited production and sales of principal products for the fourth quarter of 2023, and 2023 annual production as compared to our previously disclosed annual guidance. Our 2023 annual production was impacted by a number of challenges across our operations through the year, as outlined below. In our steelmaking coal business unit,...
Tims China Partners with Shanghai Metro to Open Tims Coffee Shops in “Line 14” Stations
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Picture 1(Tims coffee shop at Lujiazui Station on Line 14)SHANGHAI, China, Jan. 16, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the opening of the first seven Tims China stores in Shanghai Metro stations. The partnership will be expanded to include more Tims coffee shops in “Line 14” stations.
The Tims coffee shops are conveniently located within the metro stations so commuters can grab a coffee on the go. The stores offer new and exclusive breakfast products, particularly popular with daily travelers.
As Shanghai has the world’s largest metro system, transporting approximately 13 million passengers across the city every day, the partnership provides great visibility to Tims China’s brand....
Medivolve Announces Telehealth Platform Development Contract and Change of Officers and Directors
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TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve” or the “Company”) (NEO: MEDV; OTC: MEDVF; FRA:4NC) is pleased to announce that it has entered into a master services agreement dated December 29, 2023, with Engineer.ai Corp. (dba Builder.ai) (“Builder”) to assist in the development of its telehealth platform. Pursuant to the agreement, Builder will develop robust features of the platform, including but not limited to, provider and patient interfacing, telehealth video conferencing, appointment scheduling and management tools, credit card payment processing and more. Features of the platform aim to additionally integrate through Company API interfaces and third-party API interfaces, all in compliance with HIPAA (Health Insurance Portability and Accountability Act). The Company anticipates that development of...
WEST MINING ISSUES STOCK OPTIONS AND RSUS
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Vancouver, BC, Jan. 15, 2024 (GLOBE NEWSWIRE) — West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) announces that it has issued an aggregate of 550,000 stock options to consultants to the Company and an aggregate of 100,000 restricted share units (each, an “RSU”) to certain directors and officers of the Company. Each option is exercisable for one common share of the Company at a price of $0.26 for five years. The stock options and the RSUs vest immediately. The stock options, the RSUs and any common shares issuable thereunder are subject to a four month hold period in accordance with the policies of the Canadian Securities Exchange.
The issuance of the RSUs is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). It is exempt from the formal valuation and...
Parex Resources Announces Record Full-Year & Fourth Quarter Production, Arauca Discovery, and Publishes 2024 Guidance
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CALGARY, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2024 budget alongside an updated three-year outlook, announce positive test results at its Arauca-8 exploration well (50% W.I.), and provide its estimated 2023 full-year and fourth quarter average production.
All amounts herein are in United States Dollars (“USD”) unless otherwise stated.
Key HighlightsTargeting FY 2024 average production of 57,000 boe/d, which is forecast to be 5% year-over-year growth.
Budgeting FY 2024 capital expenditures(2) of $410 million, which is expected to be approximately 15% lower than 2023.
Expecting to generate approximately $625 million of funds flow provided by operations (“FFO”)(3) and roughly $215 million of free funds flow (“FFF”)(2) in 2024 at the midpoint...