Public Company News
Electrolux Group Q3 2023 Interim report
STOCKHOLM, Oct. 27, 2023 /PRNewswire/ -- Highlights of the third quarter of 2023 * Net sales amounted to SEK 33,427m (35,244). The organic sales decline of 7.9% was mainly driven by continued weak market demand and consumers shifting to lower price points. Mix was positive, supporte...
Electrolux Group steps-up cost reductions and organizational simplifications
STOCKHOLM, Oct. 27, 2023 /PRNewswire/ -- Against the background of continued weak consumer demand and competitive pressure in the market, Electrolux Group is stepping up its cost reduction efforts to restore margins. The actions are expected to result in net cost savings ofSEK 10-11bn in 2024 vs ...
LG ANNOUNCES THIRD-QUARTER 2023 FINANCIAL RESULTS
High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines SEOUL, South Korea, Oct. 27, 2023 /PRNewswire/ -- LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue ofKRW 20.7 trillio...
Arctech Shines at All Energy Australia 2023, Reinforces Commitment to the Australian Solar Market
MELBOURNE, Australia, Oct. 27, 2023 /PRNewswire/ -- Arctech, the globally renowned solar tracking solution provider, demonstrated its unwavering dedication to the Australian renewable energy landscape at the prestigious All Energy Australia 2023 event, held at theMelbourne Convention Center on Oc...
Everest Medicines Announces New Drug Application Approval by the Pharmaceutical Administration Bureau of Macau for Nefecon® for the Treatment of Primary IgA Nephropathy
SHANGHAI, Oct. 27, 2023 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest," or the "Company"), a biopharmaceutical company focused on the development, manufacturing and commercialization of innovative medicines and vaccines, announced today that the Pharmaceutical Administration Bureau of...
SKF Nine-month report 2023: Resilient margins and strong cash flow despite slowdown in demand
GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "During the quarter we continued to see a slowdown in demand from a weakening economic sentiment and customers reducing their inventories. Despite this, our profitability was resilient, and our cash flow rem...
SKF concludes strategic review of Aerospace business; strengthens its core business
GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ -- Following the completion of a strategic review of its Aerospace business, SKF is further strengthening and investing in its Aerospace core areas, but also exploring strategic options to fully or partially exit business lines that are non-core. SK...
CNOOC Limited Announces Penglai 19-3 Oilfield Area 5/10 Development Project Commences Production
HONG KONG, Oct. 27, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Penglai 19-3 Oilfield Area 5/10 Development Project has commenced production. The project is located in south-central Bohai Sea, with an av...
Sungrow Debuts New High-Powered Residential Single-Phase Hybrid Inverters
MELBOURNE, Australia, Oct. 27, 2023 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, introduced its brand new high-powered residential single-phase hybrid inverters SH8.0RS and SH10RS at All Energy Australia 2023. A simplified multi-layer high protection de...
Otis Thailand Office Welcomes the Future of Work with New Location
BANGKOK, Oct. 27, 2023 /PRNewswire/ -- To increase collaboration, foster
community connections, and drive innovation, Otis Thailand designed and
inaugurated its new office on Srinakarin Road, Suanluang District.Otis
Everest Medicines Announces Poster Presentation at ASN Kidney Week on Nefecon® Chinese Patient Data and to Hold Conference Calls
SHANGHAI, Oct. 27, 2023 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the development, manufacturing and commercialization of innovative medicines and vaccines, today announced that it will make a late-breaking poster present...
Amcor, SK Geo Centric partner for supply of recycled content
ZURICH, Oct. 26, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that it has signed a Memorandum of Understanding (MOU) with SK Geo Centric (SK), a leading petrochemical company based inSouth Korea, to...
Risen Energy's HJT Hyper-ion Solar Module Granted Carbon Footprint Certification by Certisolis, Achieving Record-Breaking Carbon Footprint Value
NINGBO, China, Oct. 26, 2023 /PRNewswire/ -- Risen Energy, a global leading manufacturer of high-performance solar photovoltaic (PV) products, is pleased to announce that the company has received French carbon footprint certification for its heterojunction (HJT) Hyper-ion solar module. This signi...
Shutterstock Integrates Creative AI into Library of 700M Images to Offer First-Ever Marketplace of Fully Customizable Stock
NEW YORK, Oct. 26, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced new creative AI-powered editing features and the potential for infini...
YS Biopharma Announces Receipt of Nasdaq Notice
GAITHERSBURG, Md., Oct. 26, 2023 /PRNewswire/ -- YS Biopharma Co., Ltd. (NASDAQ: YS) ("YS Biopharma" or the "Company"), a global biopharmaceutical company dedicated to discovering, developing, manufacturing, and delivering new generations of vaccines and therapeutic biologics for infectious disea...
Trina Solar's 10GW capacity of Vertex N 610W modules comes to mass production at Huai'an base
CHANGZHOU, China, Oct. 26, 2023 /PRNewswire/ -- The first Vertex N 610W module andn-type i-TOPCon cell made at Trina Solar's plant in Huai'an rolled off production line, marking the mass production of the 10GWn-type i-TOPCon cell capacity and 10GW Vertex N 610W capacity. The Huai'an plant, inJian...
Minesto tidal energy kite featured on BBC news
GOTHENBURG, Sweden, Oct. 26, 2023 /PRNewswire/ -- The Minesto tidal energy kite was recently featured on BBC News broadcasting, as well as an editorial article. The article is available on the BBC website: Could the UK's tides help wean us off fossil fuels? - BBC News Press contact Cecilia Sern...
HYZON ANNOUNCES AGREEMENT WITH NEW ZEALAND'S LARGEST HEAVY-DUTY TRUCK FLEET OWNER
ROCHESTER, N.Y., Oct. 26, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced a revised commercial agreement with TR Group,New Zealand'...
Aker Horizons ASA: Invitation to presentation of third-quarter results 2023
LYSAKER, Norway, Oct. 26, 2023 /PRNewswire/ -- Aker Horizons (OSE: "AKH") will publish its financial results for the third quarter 2023 on Thursday2 November 2023, at 07:00 CET. An online presentation of the results will be held on the same day at08:30 CET. Date: Wednesday 2 November 2023 Time: ...
ZTE paves the way to a "Thriving Broadband Digitalization" at Broadband User Congress 2023
* 400 attendees from nearly 100 companies participated in ZTE's Broadband User Congress 2023 * After two decades of investment and innovation in Latin America, ZTE is committed to an era of infinite evolution for thriving broadband digitalization * Cutting-edge solutions were presented to ac...
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