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Day: October 23, 2024

Bank of Åland Plc: Targeted issue as part of the Bank of Åland’s share saving programme for employees

  Bank of Åland Plc Stock Exchange Release October 23, 2024, 18.00 EET Targeted issue as part of the Bank of Åland’s share saving programme for employees  On October 23, 2024, based on the authorisation granted by the Annual General Meeting on 26 March 2024, the Board of Directors of Bank of Åland Plc (Ålandsbanken Abp) decided on a targeted share issue as follows: The Board of Directors has decided to issue 22,912 Series B shares for the fulfilment of the Bank’s commitments as part of the Bank of Åland’s share savings programme for employees. The Bank of Åland’s share savings programme is a voluntary savings programme enabling employees to save a maximum of five per cent of their monthly salary in order to subscribe for twice-yearly targeted issues of Series B shares. The programme was introduced in 2023 as a one-year programme. Employees...

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FERRARI AND SHELL RENEW THEIR PARTNERSHIP

Maranello (Italy), 23 October 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” o la “Società”) is pleased to announce the multi-year renewal of its partnership with Shell, signed today. This agreement, which will take effect on 1 January 2026, encompasses Scuderia Ferrari HP, Ferrari Hypercar, and the Ferrari Challenge Series.AttachmentFNV_PR_Shell_ENG_

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Agence France Locale: Fitch maintains AFL’s”AA-“ rating with a negative outlook

                            Lyon, October 23th, 2024 –Fitch maintains AFL’s”AA-“ rating with a negative outlook– Following the revision of France’s outlook to “negative”, Fitch Ratings confirmed AFL’s “AA-” rating, yet with a negative outlook. At the beginning of September 2024, Fitch Ratings has for the first time granted AFL, the bank for local authorities, a “AA-” long-term rating and a “F1+” short-term rating, with a stable outlook, equivalent to that of the French State. Following Fitch Ratings’ decision on October 11, 2024 to maintain the Sovereign’s rating at AA- but to revise the outlook (from stable to negative), the rating agency also revised the outlook for all local authorities and agencies with a rating equivalent to that of the French State, including AFL. Besides, AFL maintains S&P’s...

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Statkraft to prioritise investments in Norway, Europe, and South America

Statkraft will focus its investments and organisation on fewer countries to build scale and strengthen competitiveness and value creation. The company remains committed to its ambitious growth targets. To continue Statkraft’s legacy of profitable growth and support to a net-zero future, Statkraft will:Prioritise investments in Norwegian hydropower, and in global market operations Grow in solar, wind, and battery storage in the Nordics, Europe and South America, increasing the annual delivery rate to 2-2.5 GW from 2026 Gradually pursue an industrial role within offshore wind in Northern Europe and build a position as an industrial developer of green hydrogen as the market maturesAs part of the sharpened strategy Statkraft announced in June this year, the company will divest its onshore wind, solar and battery business in the Netherlands...

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ConneXionONE Corp (OTC: CNNN) Announces Successful Dotarazzi Launch Event in Taiwan, Paving the Way for A Game-Changing Social Media Platform Set to Revolutionize Global User Engagement

The video is a press conference for the launch of a new social media platform called Dotarazzi. The speaker of the press conference is Horlung, the host of the show. Horlung starts the conference by discussing how Taiwanese people have an average of 6.5 social media accounts and are often lost in the algorithm. He then introduces Chris Chang, the founder of Dotarazzi, who explains his vision for a social media platform that is closer to users’ needs and reduce negative emotions. Chris Chang also discusses the platform’s features, such as its emphasis on real-time content and its mechanism to prevent malicious use of consensus. Finally, he outlines Dotarazzi’s goals in the Taiwanese market and its future plans for global expansion.PALO ALTO, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) — ConneXionONE...

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Pay still drives employee attraction and retention, but current pay programs fall short

NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) — About half of global employers report they are effectively delivering on each of the six individual core objectives of pay programs, despite pay being the most commonly cited reason employees join and stay with an employer. This is according to the 2024 Pay Effectiveness and Design Survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. The survey found that of the six core objectives related to pay program effectiveness — driving employee attraction, driving employee retention, promoting fair compensation among employees, promoting competitive compensation compared to employees at other organizations, aligning with business strategy, and rewarding employees for current-year performance — about half of employers report that they are effective at two of these...

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TGS ASA rated ‘BB-‘ from S&P

OSLO, Norway (23 October 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned a ‘BB-‘ rating from S&P with stable outlook. S&P’s rating on TGS ASA reflects the company’s conservative financial policies and relatively strong credit measures after the transformative acquisition of PGS. S&P is raising their issuer credit rating on TGS Newco (formerly PGS ASA) and its USD 450 million senior secured notes by three and two notches respectively, from ‘B-‘ to ‘BB-‘ and from ‘B’ to ‘BB-‘ with stable outlook. The upgrade by S&P follows the upgrade by Moody’s from a B2 to a Ba3 rating as announced on 26 September 2024. S&P’s press release announcing the rating action is available on their home page https://www.spglobal.com/. For more information, visit TGS.com or contact: Bård StenbergIR &...

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Upwork Announces Organizational Changes to Drive Continued Profitable Growth and Provides Preliminary Third Quarter 2024 Results Above Financial Guidance

Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target Company expects to exceed revenue and adjusted EBITDA guidance for third quarter 2024 results SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) — Upwork Inc. (Nasdaq: UPWK) (“Upwork” or the “Company”), the world’s work marketplace that connects businesses with independent talent across the globe, today announced a more streamlined organizational structure and operational changes to continue the Company’s profitable trajectory, increase efficiency, and accelerate innovation for its customers. “We are making ourselves a more streamlined and efficient organization, continuing our successful focus on durable, profitable growth and delivering value for our customers and shareholders,” said Hayden Brown, president and CEO, Upwork. “This is...

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NOTICE OF EXTRAORDINARY GENERAL MEETING 14 NOVEMBER 2024

      NOTICE OF EXTRAORDINARY GENERAL MEETING 14 NOVEMBER 2024 Green Hydrogen Systems A/SThe Board of Directors hereby invite shareholders to the Extraordinary General Meeting of Green Hydrogen Systems A/S (the “Company“), CVR-no. 30548701, on  Thursday 14 November 2024 at 9.30 CETatPlesner Law Firm P/S Amerika Plads 37 DK-2100 Copenhagen Denmark  As a result of the financial situation in the Company (reference is made to company announcement dated 9 October 2024), the Board of Directors has decided to convene an extraordinary general meeting to obtain broad authorisations from its shareholders to issue a number of shares (with or without pre-emption rights), convertible bonds or to issue warrants in connection with a rights issue. The background for seeking such authorisations...

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Cyclacel Pharmaceuticals Reports New Clinical Data from Ongoing, Phase 2 Study of Oral Fadraciclib at the 2024 EORTC-NCI-AACR Symposium

– Interim data for fadraciclib monotherapy in patients with advanced solid tumors preselected for CDKN2A and/or CDKN2B abnormalities – BERKELEY HEIGHTS, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) — Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; “Cyclacel” or the “Company”), a biopharmaceutical company developing innovative cancer medicines, today announced that initial safety and efficacy data from twelve patients with advanced solid tumors enrolled in the Phase 2 part of the 065-101 clinical study of fadraciclib, or “fadra”, as a single agent was presented as a poster at the 2024 EORTC-NCI-AACR 36th Symposium on Molecular Targets and Cancer Therapeutics (“Triple Meeting”), in Barcelona, Spain (October 23-25, 2024). The patients were enrolled in the biomarker-enriched, Cohort 8 of the...

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