Ericsson appoints Lars Sandström as Chief Financial Officer

Effective as of April 1, 2024 Member of Ericsson’s Executive Team, reporting to the CEO STOCKHOLM, Jan. 23, 2024 /PRNewswire/ — Ericsson (NASDAQ: ERIC) today announces the appointment of Lars Sandström as its new Chief Financial Officer, Senior Vice President, and Head of Group Function Finance. Mr. Sandström will replace Carl Mellander, whose departure Ericsson announced in April 2023. Mr.… Continue reading Ericsson appoints Lars Sandström as Chief Financial Officer

Ericsson appoints Lars Sandström as Chief Financial Officer

Effective as of April 1, 2024 Member of Ericsson’s Executive Team, reporting to the CEO STOCKHOLM, Jan. 23, 2024 /PRNewswire/ — Ericsson (NASDAQ: ERIC) today announces the appointment of Lars Sandström as its new Chief Financial Officer, Senior Vice President, and Head of Group Function Finance. Mr. Sandström will replace Carl Mellander, whose departure Ericsson announced… Continue reading Ericsson appoints Lars Sandström as Chief Financial Officer

Inhibrx Announces Sale of INBRX-101 to Sanofi for an aggregate value of up to $2.2B

Inhibrx, Inc. shareholders will receive per share consideration of $30 per share in cash, a CVR equal to $5, plus 0.25 shares in New Inhibrx, a new publicly traded company that retains all non-101 assets of Inhibrx, Inc. Sanofi to pay off Inhibrx’s outstanding debt balance and capitalize New Inhibrx with $200 million in cash… Continue reading Inhibrx Announces Sale of INBRX-101 to Sanofi for an aggregate value of up to $2.2B

EV Battery Market worth $508.8 billion by 2033 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 22, 2024 /PRNewswire/ — EV Battery Market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.1%, according to a new report by MarketsandMarkets™. Recent advancements in the EV market have resulted in the introduction of batteries with higher standards. While these batteries are… Continue reading EV Battery Market worth $508.8 billion by 2033 – Exclusive Report by MarketsandMarkets™

Kamux established a new matching share plan for its future key employees

Kamux Corporation, Stock Exchange Release, 22.1.2024 at 08:30 HÄMEENLINNA, Finland, Jan. 22, 2024 /PRNewswire/ — The Board of Directors of Kamux Corporation has resolved to establish a matching share plan for the recognized rising key employees of the Group. The plan title is Green Lions, and it is established for key employees who are not… Continue reading Kamux established a new matching share plan for its future key employees

Kindred Group trading update for the fourth quarter 2023

SLIEMA, Malta., Jan. 22, 2024 /PRNewswire/ — As a result of La Française des Jeux SA’s (“FDJ”) announcement of a recommended public cash offer for Kindred Group plc (“Kindred” or the “Company”) earlier today, Kindred announces certain preliminary financial information in respect of the fourth quarter 2023. During the fourth quarter of 2023, Kindred saw continued… Continue reading Kindred Group trading update for the fourth quarter 2023

CGTN: How a 20-year plan enabled Fuzhou to leap ahead in economic growth

BEIJING, Jan. 21, 2024 /PRNewswire/ — Fuzhou Port on the southeast coast of China has become one of the most important hub ports for container transportation, with it listed among the world’s top 20 ports by cargo throughput in 2022. The bustling port speaks volumes about the success of Fuzhou, the capital city of southeast… Continue reading CGTN: How a 20-year plan enabled Fuzhou to leap ahead in economic growth

Automotive Lubricants Market Size to Grow USD 116.1 Billion by 2032 at a CAGR of 4.1% | Valuates Reports

BANGALORE, India, Jan. 20, 2024 /PRNewswire/ — Automotive Lubricants Market By Base Oil (Mineral Oil Lubricants, Synthetic Lubricants, Semisynthetic Lubricants, Bio-Based Lubricants), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Others), By Application (Engine Oil, Gear and Brake Oil, Transmission Fluids, Greases, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032. The Global Automotive Lubricants… Continue reading Automotive Lubricants Market Size to Grow USD 116.1 Billion by 2032 at a CAGR of 4.1% | Valuates Reports

TraceGains Marks Monumental 2023 with Accelerated Year-Over-Year Growth

The Industry’s Only Networked Ecosystem for the Food & Beverage Supply Chain Sets New Milestones, Reinforces Position as Premier Integrated Compliance and Product Development Solution Provider WESTMINSTER, Colo., Jan. 19, 2024 /PRNewswire/ — TraceGains has emerged with record performance in a year marked by unprecedented challenges and opportunities within food supply chains. Today, the company announces… Continue reading TraceGains Marks Monumental 2023 with Accelerated Year-Over-Year Growth

Singapore’s Asia Genesis shuts hedge fund after losing bets on China, Japan

Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a “significant and unprecedented drawdown” following missteps in Chinese and Japanese bets. The Asia Genesis Macro Fund lost 18.8% in the first weeks of January, Chief Investment Officer Chua Soon Hock said in a letter to investors seen by Reuters. He said he decided… Continue reading Singapore’s Asia Genesis shuts hedge fund after losing bets on China, Japan