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Day: February 6, 2024

Pacific Green targets 12GWh battery energy storage capacity across four global markets

Company doubles down on BESS as a priority focus in 2024, having expanded its global pipeline to 6GWh in 2023. Australia and Italy are hotspots for significant expansion of origination portfolio, alongside entry into Polish market. Further expansion of UK portfolio, as pioneering Richborough project enters first full year of operation and construction is underway at huge Sheaf project.DOVER, DE, Feb. 06, 2024 (GLOBE NEWSWIRE) —  Global energy storage and environmental technology company, Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first...

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iQIYI to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024

BEIJING, Feb. 06, 2024 (GLOBE NEWSWIRE) — iQIYI, Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2023 before the U.S. market opens on February 28, 2024. iQIYI’s management will hold an earnings conference call at 6:30 AM on February 28, 2024, U.S. Eastern Time (7:30 PM on February 28, 2024, Beijing Time). Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, passcode and unique access PIN by a calendar invite. Participant Online Registration: https://s1.c-conf.com/diamondpass/10036705-oxwqe9.html It will automatically direct you to...

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MacGregor GravityVibeTM – a new gravity self-unloading system enhances flexibility and efficiency in bulk handling

MacGregor GravityVibe_pressMacGregor GravityVibe_pressCARGOTEC CORPORATION, TRADE PRESS RELEASE, 6 FEB 2024 AT 10 AM EET MacGregor, part of Cargotec, has launched a new and augmented gravity self-unloading system that will allow bulk carriers to deliver a wider variety of cargo, in greater volume. The new system, the ‘MacGregor GravityVibeTM’, deploys a patent-pending vibrating unloader to reduce internal friction and ease the discharge of coarse materials such as wood chips from the cargo hold. While the automated unloading sequence remains a gravity-based operation, the MacGregor GravityVibeTM includes vibrating panels to shift the remnants or break the ‘bridges’ that form when coarse material sticks together to block the outlet. Crucially, the vibrating panels are isolated from the hull structure – using a solution from MacGregor...

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LIFT Intersects 13 m at 1.11% Li2O at its Ki pegmatite, Yellowknife Lithium Project, NWT

Figure 1Location of LIFT’s Yellowknife Lithium Project. Drilling has been thus far focused on the Near Field Group of pegmatites which are located to the east of the city of Yellowknife along a government-maintained paved highway, as well as the Echo target in the Further Afield Group.Figure 2Plan view showing the surface expression of the Ki pegmatite with diamond drill holes reported in this press release.Figure 3Cross-section illustrating YLP-0171 with results as shown in the Ki pegmatite dyke with a 12 m interval of 1.21% Li2O.Figure 4Plan view showing the surface expression of the Nite pegmatite with diamond drill holes reported in this press release.Figure 5Cross-section of YLP-0152 which intersected the Nite pegmatite dyke with a 5 m interval of 1.24% Li2O.Figure 6Plan view...

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Digital Locations Announces Satenna™ – a Satellite to Smartphone Antenna Breakthrough

The Company’s technology team at Florida International University is on a development path to connect smartphones directly to satellites for high-speed Internet by modifying the smartphone only SANTA BARBARA, CA, Feb. 06, 2024 (GLOBE NEWSWIRE) — Digital Locations, Inc. (OTCMKTS:DLOC), the developer of SatennaTM, a breakthrough technology that will enable delivery of high-speed Internet from satellites directly to smartphones all over the world, today announced that its technology team at Florida International University (FIU) is developing a solution that only requires modifications on the smartphone side. This breakthrough can potentially eliminate the need to make costly and time-consuming modifications to existing, as well as future satellites. Space is the new frontier for global wireless communication. From Elon Musk’s Starlink...

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Suominen Corporation’s Financial Statements Release for January 1 – December 31, 2023: Outlook met in challenging environment

Suominen Corporation Financial Statements Release on February 6, 2024 at 9:30 a.m. (EET) Suominen Corporation’s Financial Statements Release for January 1 – December 31, 2023: Outlook met in challenging environment Key figures  10-12/ 10-12/ 1-12/ 1-12/  2023 2022 2023 2022Net sales, EUR million 114.9 133.1 450.9 493.3Comparable EBITDA, EUR million 5.3 5.0 15.8 15.3Comparable EBITDA, % 4.6 3.7 3.5 3.1EBITDA, EUR million 5.3 4.0 11.2 14.3EBITDA, % 4.6 3.0 2.5 2.9Comparable operating profit, EUR million 0.7 -0.2 -2.8 -4.2Comparable operating profit, % 0.6 -0.1 -0.6 -0.8Operating profit, EUR million 0.7 -5.0 -7.5 -9.0Operating profit, % 0.6 -3.7 -1.7 -1.8Profit for the period, EUR million -1.4 -8.8 -12.8 -13.9Cash flow from operations, EUR million 13.1 15.6 30.7 14.0Cash flow from operations per...

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Sun Care Products Market to Surpass 15.76 Billion by 2030 Drives Due to Growing Awareness of Health and Beauty Concerns

SkyQuest projects that the sun care products market will attain a value of USD 15.76 billion by 2030, with a CAGR of 4.4% over the forecast period (2023-2030). Suncare products are experiencing a surge in popularity among consumers, particularly adults and millennials, driven by a growing awareness of health and beauty concerns. These products are increasingly recognized as essential for safeguarding the skin from the harmful effects of sun exposure in the sun care products market. Westford USA, Feb. 06, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the sun care products market is witnessing a notable shift in consumer trends towards luxury cosmetic items, which is expected to impact market growth significantly. Browse in-depth TOC on the “Sun Care Products Market”Pages – 157 Tables – 64 Figures – 77Two significant...

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International Petroleum Corporation Announces 2023 Year-End Financial and Operational Results and 2024 Budget, Reserves and Guidance

TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months and year ended December 31, 2023. IPC is also pleased to announce its 2024 budget, including that IPC continues to progress the development of the Blackrod Phase 1 project in Canada in line with schedule and budget. IPC also confirms its intention to complete the previously announced normal course issuer bid (NCIB) to acquire a further 6.5 million common shares up to December 2024, in addition to the 1.8 million common shares already purchased for cancellation under the NCIB in December 2023 and January 2024. IPC’s 2024 capital and decommissioning expenditure budget...

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January 2024 P&C Renewal Results: Growing preferred lines of business in attractive market conditions

Press release6 February 2024 – N° 2 January 2024 P&C Renewal Results Growing preferred lines of business in attractive market conditionsIn line with its Forward 2026 strategic plan announced in September 2023, SCOR grows its P&C business in preferred lines while building a balanced and resilient portfolio, in a continued hard market. During the January 2024 P&C renewals, SCOR achieves EGPI1 growth of 13.6%2, above the average Forward 2026 strategic plan assumptions: Increasing EGPI by 13.3%2 for Engineering, Marine, IDI and International Casualty and enhancing portfolio diversification; Accelerating the development of Alternative Solutions (more than doubling EGPI2) from strong new business, meeting client demand for customized solutions; Maintaining a prudent approach to business exposed to climate change...

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Mithra updates on cash position

          Mithra updates on cash positionMithra’s current cash of EUR 6.5 million is expected to cover its current cash runway through early March Mithra is actively engaging with stakeholders Mithra will present its results for the full year 2023 on 8 March 2024Liege, Belgium, 6 February 2024 – 07:00 CET – Mithra (Euronext Brussels: MITRA), a company dedicated to women’s health, today provides an update on its current cash position and its plans to address its runway and creating and optimizing value for all its stakeholders. Update on cash runway Mithra’s management team has been exploring over recent months various strategic options. This includes appointing debt advisors and various investment banks with a view to selling certain assets and raising additional equity capital. As of today, Mithra has sufficient...

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