Day: January 18, 2024

Groundbreaking service enhancements for artists and songwriters can track music 50% faster LONDON, Jan. 18, 2024 (GLOBE NEWSWIRE) — Rackspace Technology, a leading end-to-end hybrid multicloud technology solutions company, has announced it has helped enable groundbreaking service enhancements for artists and songwriters signed to music company BMG. Using Google Cloud’s advanced AI and big data capabilities, BMG can process royalty payments ten times faster and track music 50% faster. The achievement stems from Rackspace Technology’s Elastic Engineering team successfully migrating 95% of BMG’s applications and services to Google Cloud. BMG’s new cloud-based platform will also support new data tools it will use following its decision to take control of its previously outsourced distribution, striking direct deals with leading streaming...

Alstom to supply DB Regio with new high-capacity trainsOrder for 18 modern Coradia Max1 trains Combination of single and double-decker carriages for more capacity and comfort Deployment of the regional multiple units in three German federal states18 January 2024 – Alstom, global leader in smart and sustainable mobility, is supplying 18 modern Coradia Max electric multiple-unit trains to DB Regio AG. The order2 comprises 9 three-car and 9 five-car trains, which will initially start operating on the highly popular regional express line RE1 between Hamburg and Rostock, in the Baltic Sea-Alster sub-network (OSTA) at the timetable change in December 2027. Following the electrification of the line between Bad Kleinen and Lübeck and the construction of a connecting curve, the trains will also run as far as Lübeck. “The mobility turnaround...

SAMPO PLC                PRESS RELEASE        18 January 2024 at 9:30 am EST Change in reference point for disaggregation of IFRS 17 discounting effects in If P&C IFRS 17 Insurance contracts, implemented on 1 January 2023, requires insurance liability cash flows to be discounted at rates consistent with observable market prices, and for the effect of this to be disaggregated between the insurance service result (ISR) and insurance finance income and expense (IFIE). Following an analysis of the application of IFRS 17 over 2023, Sampo Group has decided to change the reference point used in If P&C for disaggregation from the beginning of year to the beginning of quarter. This reflects the Group’s practice of providing financial results for individual quarters, and a desire to align more closely with common market practice and the...

CARGOTEC CORPORATION, PRESS RELEASE, 18 JANUARY 2024 AT 9:30 AM (EET) Cargotec’s financial statements review 2023 to be published on Thursday, 1 February 2024 Cargotec Corporation will publish its financial statements review 2023 on Thursday, 1 February 2024 at approximately 9:00 a.m. EET. The report will be available at www.cargotec.com after publication. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:00 a.m. EET. The event will be held in English. The report will be presented by President and CEO of Cargotec, Interim President of Kalmar Casimir Lindholm, CFO Mikko Puolakka, and President of Hiab Scott Phillips. The presentation material will be available at www.cargotec.com by the latest 9:30 a.m. EEST. To ask questions, please join the teleconference by registering...

INVL Asset Management, the leading Baltic alternative asset manager, has established a new fund of funds intended for informed investors which will invest in funds of Brookfield Asset Management. These funds, managed by one of the world’s largest real estate management companies, currently manage more than USD 7.9 billion of assets in the United States and Western Europe. “We’re the only fund in the Baltics offering local informed investors the exceptional opportunity to put money into funds managed by some of the world’s largest and most experienced real estate managers. For local investors who like to invest in real estate, this is also a chance to diversify their investments geographically,” says Paulius Žurauskas, CEO of INVL Asset Management, which launched the new INVL Partner Global Real Estate Fund I. INVL Partner Global Real...

DAVOS, SWITZERLAND, Jan. 18, 2024 (GLOBE NEWSWIRE) — WISeKey International Holding Ltd, (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, and The Hashgraph Association (THA), the non-profit Swiss organization behind the innovative distributed ledger technology (DLT) of Hedera Hashgraph (“Hedera”), are thrilled to announce a groundbreaking collaboration during the Davos 2024 event. This joint initiative focuses on the legal and regulatory compliant tokenization of art assets and equity-shares of WISe.Art AG, subsidiary of WISeKey. The centerpiece of WISe.Art is the WISe.Art Marketplace built to redefine the way art is bought and sold, bringing transparency, security, authenticity, legal certainty, and fractional ownership to the...

Availability of VYVGART® and self-administered VYVDURA demonstrates continued commitment to providing more choice and flexibility for gMG patients in JapanJan. 18, 2024, 7:00 AM CET Amsterdam, the Netherlands – argenx SE (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced that Japan’s Ministry of Health, Labour and Welfare (MHLW) approved VYVDURA® (efgartigimod alfa and hyaluronidase-qvfc) injection for subcutaneous (SC) use for the treatment of adult patients with generalized myasthenia gravis (gMG), who do not have sufficient response to steroids or non-steroidal immunosuppressive therapies (ISTs). Following this decision, VYVGART is now approved in Japan for both intravenous (IV) and self-administered SC use. “Today’s approval...

Press Release Nokia to publish fourth-quarter and full-year 2023 financial report on 25 January 2024 18 January 2024Espoo, Finland – Nokia will publish its fourth-quarter and full-year 2023 financial report on 25 January 2024 at approximately 8 a.m. Finnish time (EET). The financial report will be made available on the Nokia website immediately after publication. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group’s financial information as well as on Nokia’s outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. A video interview summarizing the key points of our Q4 results will also be published on the website. Investors should not solely rely on summaries of Nokia’s financial...

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 18 JANUARY 2024 RICHEMONT REPORTS SALES GROWTH OF 8% FOR ITS THIRD QUARTER AND 11% FOR ITS NINE MONTHS ENDED 31 DECEMBER 2023 AT CONSTANT EXCHANGE RATES Highlights for the quarter ended 31 December 2023Sales up by 8% at constant exchange rates and by 4% at actual exchange rates to € 5.6 billion, notwithstanding a continued uncertain macro-economic and geopolitical environment Growth across almost all regions, primarily driven by Japan, Asia Pacific and the Americas Channel performance led by retail, up 11% and 6% at constant and actual exchange rates, respectively, with increases across all business areas Growth across most business areas with Jewellery Maisons continuing to generate the strongest performance (+12% and +6% at constant and actual exchange rates, respectively) The Group’s net...