Swedish steel giant SSAB is targeting a significant earnings jump over the next five years, aiming for around 23 billion Swedish crowns by 2030. Steelmaker SSAB aims to boost its core earnings growth over the next five years through strategic investments and an increased share of premium steels in its product mix, it said in… Continue reading SSAB targets profit growth driven by premium steels, investments through 2030
Tag: Strategy
Hinduja Group Chairman Gopichand P. Hinduja Passes Away at 85 in London
Gopichand P. Hinduja, Chairman of the Hinduja Group and one of India’s most respected global business leaders, passed away in London on Tuesday at the age of 85, according to a PTI report. A towering figure in international business, Gopichand — affectionately known as “GP” among peers — was part of the second generation of… Continue reading Hinduja Group Chairman Gopichand P. Hinduja Passes Away at 85 in London
PowerBank Receives $1.47 Million USD from NYSERDA for Geddes Solar Project
Incentive payment awarded under the NYSERDA’s NY-Sun Program TORONTO, Nov. 4, 2025 /PRNewswire/ – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“PowerBank” or the “Company), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, is pleased to announce that its operational 3.79 MW Geddes Solar Power Project (the “Project”)… Continue reading PowerBank Receives $1.47 Million USD from NYSERDA for Geddes Solar Project
AmacaThera Signs Exclusive Global Licensing Agreement with Pacira BioSciences for Up To US$230 Million, Validating Its Tunable Drug Delivery Platform
AmacaThera receives US$5 million upfront and up to US$225 million in potential future milestone payments with Pacira BioSciences for AMT-143, AmacaThera’s long-acting non-opioid anesthetic for post-operative pain AMT-143 leverages AmacaThera’s breakthrough tunable hydrogel platform, delivering sustained local release of ropivacaine AmacaThera and Pacira will collaborate on the Phase 2 clinical program, and Pacira will fund… Continue reading AmacaThera Signs Exclusive Global Licensing Agreement with Pacira BioSciences for Up To US$230 Million, Validating Its Tunable Drug Delivery Platform
Silicon Labs Reports Third Quarter 2025 Results
Wireless IoT leader delivers sequential and year-over-year growth in sales and profitability AUSTIN, Texas, Nov. 4, 2025 /PRNewswire/ — Silicon Labs (NASDAQ: SLAB), the leading innovator in low-power wireless, reported financial results for the third quarter, which ended October 4, 2025. “The Silicon Labs team delivered sequential and year-over-year growth in sales and profitability driven by strong… Continue reading Silicon Labs Reports Third Quarter 2025 Results
CIMG Inc. Authorizes Individual Shareholder’s Equity Tokenization with FlowStocks
BEIJING, Nov. 4, 2025 /PRNewswire/ — CIMG Inc. (“CIMG” or the “Company”) (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technology and marketing to enhance its business partners’ sales growth and commercial value, today announced that the Company has entered into a tripartite agreement with FlowStocks and DYT INFO… Continue reading CIMG Inc. Authorizes Individual Shareholder’s Equity Tokenization with FlowStocks
Novavax Completes U.S. Marketing Authorization Transfer to Sanofi for Nuvaxovid™, Triggering a $25 Million Milestone Payment
Novavax has successfully achieved U.S. BLA approval and completed both EU and U.S. marketing authorization transfers for Nuvaxovid™ to Sanofi in line with its CLA and its corporate strategy, securing a total of $225 million in non-dilutive capital year-to-date 2025 GAITHERSBURG, Md., Nov. 4, 2025 /PRNewswire/ — Novavax, Inc. (Nasdaq: NVAX) has completed the transfer of… Continue reading Novavax Completes U.S. Marketing Authorization Transfer to Sanofi for Nuvaxovid™, Triggering a $25 Million Milestone Payment
N2K CyberWire network welcomes Rubrik’s Data Security Decoded podcast
FULTON, Md., Nov. 4, 2025 /PRNewswire/ — N2K Networks today announced the launch of the Data Security Decoded podcast on the N2K CyberWire network. Sponsored by Rubrik (NYSE: RBRK), the show offers vendor-agnostic, research-driven insights that help cybersecurity and IT professionals reduce data security risk and improve resilience outcomes. Data Security Decoded provides actionable insights… Continue reading N2K CyberWire network welcomes Rubrik’s Data Security Decoded podcast
Novelis Reports Second Quarter Fiscal Year 2026 Results
Q2 Fiscal Year 2026 Highlights Net income attributable to our common shareholder of $163 million, up 27% YoY; Net income attributable to our common shareholder excluding special items was $113 million, down 37% YoY Adjusted EBITDA of $422 million, down 9% YoY Rolled product shipments of 941 kilotonnes, in line with the prior year period… Continue reading Novelis Reports Second Quarter Fiscal Year 2026 Results
AI Leaders Came Together in Frankfurt for Exclusive Leadership Event with OpenAI, statworx, and AI Hub Frankfurt
FRANKFURT AM MAIN, Germany, Nov. 4, 2025 /PRNewswire/ — Frankfurt is rapidly establishing itself as one of Europe’s most dynamic AI hubs. During AI Week Frankfurt 2025, OpenAI, statworx, and the AI Hub Frankfurt hosted an exclusive leadership event that brought together executives, innovators, and decision-makers to explore the state and future of artificial intelligence in… Continue reading AI Leaders Came Together in Frankfurt for Exclusive Leadership Event with OpenAI, statworx, and AI Hub Frankfurt