Day: February 21, 2024

The year 2024 started with strong results for Bigbank. Business volumes increased in January, which was also reflected in the revenues. In a changing interest rate environment, where deposit interest rates have peaked and are expected to decline during 2024, many depositors are actively seeking opportunities to place their available funds under reasonable conditions. Bigbank continues to offer attractive interest rates in the market, and therefore, the deposit portfolio showed significant growth in January, reaching the level of 2.0 billion euros. Both the savings deposit portfolio and the term deposit portfolio showed growth individually. A significant milestone was the introduction of term deposits in Lithuania, marking the coverage of Bigbank’s last domestic market where this product was not previously offered. Since January 2024,...

Verizon Business to showcase the latest in smart grid and utility transmission solutions at DISTRIBUTECH International February 27-29. Stop by booth #1233 on the showfloor BASKING RIDGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — Verizon Business will demonstrate the future of connected energy through innovative smart grid and utility transmission solutions at this year’s DISTRIBUTECH, an annual event that showcases forward-looking technologies that power homes and businesses. “With new industry standards, cybersecurity needs and tech innovations emerging, the utility transmission industry is evolving, and connected technology is key for embracing that transformation,” said TJ Fox, SVP of Industrial IoT and Automotive. “Not only can Verizon Business help make energy consumption more efficient, secure and flexible, but we can also help...

TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (OTCQB: PHRRF) (CSE: PHRM), a specialty pharmaceutical company, announced today Sairiyo Therapeutics Inc. (“Sairiyo”), a company that is forty-nine percent (49%) owned by PharmaTher and fifty-one percent (51%) owned by PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) (“PharmaDrug”), has initiated its regulatory and clinical development plan to evaluate Sairiyo’s patented reformulated enteric coated version of orally bioavailable cepharanthine (“PD-001”) as a potential treatment for oncology and infectious diseases in a Phase1 clinical study in Australia. PD-001 is protected by US Patent US10576077, with a patent expiration date of March 23, 2036. In pursuit of its clinical strategy for PD-001, Sairiyo is establishing a wholly-owned subsidiary...

Dubai, UAE, Feb. 21, 2024 (GLOBE NEWSWIRE) — Lytus Technologies Holdings PTV. Ltd. (the “Company”) (Nasdaq:LYT), a leading global technology-driven services company, today announced that on February 5th, 2024, the Board of Directors of the Company approved a reverse stock split (the “Reverse Split”) of its authorized, issued and outstanding ordinary shares, par value $0.01 per share, at a ratio of 1-for-60 so that every 60 shares currently authorized and issued is combined into one (1) share. Shareholders otherwise entitled to receive a fractional share as a result of the Reverse Split will receive a whole share in lieu of such factional share. In connection with the Reverse Split, a vote of the shareholders of the Company is not required and as such, no shareholder vote or meeting of shareholders will be held. The Reverse Split...

PURCHASE, N.Y. , Feb. 21, 2024 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare” or the “Company”) announced today that it will release fourth quarter 2023 financial results before the market opens on Friday, March 15, 2024. The Company will host a conference call to discuss certain fourth quarter 2023 financial results on Friday, March 15, 2024 at 8:00 a.m. Eastern Time. The conference call dial-in number is 1-888-886-7786 (U.S. & Canada) or 1-416-764-8658 (International) and the confirmation code is 45395390. A live webcast of the conference call as well as the press release disclosing the Company’s results will be available on the investor relations page of the Company’s website at www.townsquaremedia.com. A telephone replay of the conference call will be available through March 22, 2024. To access the...

21 February 2024, a second special purpose subsidiary of Šiaulių Bankas was established – UAB SB Modernization Fund 2, legal entity code 306682354, registered office address: Tilžės st.149, Šiauliai, 76348. The purpose of SB Modernization Fund 2 is to manage the second fund of EUR 200 million to be established for the financing of multi-apartment building renovation projects, in accordance with the amendment to the operating agreement concluded between Šiaulių Bankas and the European Investment Bank, which was announced on 14 February 2024. The fund is expected to finance about 300 renovation projects in Lithuania. The objective of the unique modernisation fund is to attract private and institutional investors to finance energy efficiency projects for multi-apartment buildings in Lithuania. Šiaulių bankas, the country’s leading...