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Public joint stock company AB Kauno energija established public institution "Transformacijos” - ForexTV
AB Kauno energija, which supplies centralized heating and hot water to the city and district of Kaunas and Jurbarkas, established the public institution "Transformacijos". The aim of "Transformacijos" is to meet public interests and carry out social activities in the fields of culture, science, education, and events. Loreta Miliauskienė, Head of the Economics Department, tel. +370 698 15118
FPC joins LEGIC Identsystems to enhance biometric security for the LEGIC Security Platform - ForexTV
London, UK and Wetzikon, Switzerland – June 2, 2025 – Fingerprint Cards AB (FPC), a global leader in biometric technology, is pleased to announce its membership with LEGIC Identsystems AG (LEGIC), a renowned provider of secure access and credentialing solutions. This strategic partnership aims to integrate FPC’s advanced biometric technology into LEGIC's ecosystem, enhancing security and convenience across various sectors. The partnership will focus on integrating FPC’s biometric technology and identity management platform into LEGIC's secure access solutions, enabling seamless and secure user authentication across numerous applications, including access control systems, enterprise, and personal identification. Relevance of FPC Joining LEGIC The integration of FPC’s biometric technology into LEGIC's ecosystem will bring the following advantages to customers and products: Enhanced Security: Biometric solutions provide a robust security layer that is unique to each individual, making them much harder to replicate than traditional pins or passwords. This reduces the risk of data breaches and unauthorized access.Improved Accountability: Biometric authentication can provide a clear record of who accessed a room, system, or facility, enhancing accountability and traceability.Convenience: Biometric solutions offer a fast and convenient way for users to authenticate themselves, eliminating the need to remember complex passwords. This is particularly beneficial in operational environments where quick and secure access is essential.Market Demand: The soaring cost of fraud and data loss is driving the market towards stronger security factors. Biometric solutions, such as fingerprint, iris, and facial are increasingly being adopted across various industries to address these challenges.Strategic Growth: FPC’s identity management platform facilitates essential tasks such as account recovery, onboarding, password less login, and account takeover prevention. It achieves this through a unique combination of continuous authentication, behaviour analysis, event monitoring, and device binding. FPC’s biometric solutions are known for their high performance, reliability, and ease of integration, having shipped almost 2 billion sensors to date. By joining LEGIC, FPC aims to leverage LEGIC's extensive network and market presence to expand its reach and impact in the security industry. Adam Philpott, CEO at FPC, expressed enthusiasm about the collaboration: "Joining LEGIC allows us to bring our cutting-edge biometric solutions to a broader audience within this ever-growing, leading eco-system. We believe that our biometric technology and cloud-based identity management platform will add significant value to LEGIC's partners, providing enhanced security and user experience in a new suite of products and solutions." Leon Rose, Business Development Manager at LEGIC, welcomed FPC to the LEGIC community: ‘’LEGIC is proud and excited to announce the strategic collaboration between our two companies to enhance the offering for secure contactless transactions, cloud and biometric solutions, particularly in the access management markets. By integrating LEGIC’s established, end-to-end credentialing technology, we are in an excellent position to help Fingerprints to establish a leadership position among providers of access management products, particularly among our vast global network of solution provider partners.” For more information about Fingerprints and LEGIC, please visit www.fpc.com and www.legic.com. For further information, please contact:Adam Philpott, President & CEO Investor Relations: +46(0)10-172 00 10, investrel@fpc.comPress: +46(0)10-172 00 20, press@fpc.com About FPCFingerprint Cards AB (FPC) is a global biometrics leader, offering intelligent edge to cloud biometrics. We envision a secure, seamless world where you are the key to everything. Our solutions – trusted by enterprises, fintechs, and OEMs – power hundreds of millions of products, enabling billions of secure, convenient authentications daily across devices, cards, and digital platforms. From consumer electronics to cybersecurity and enterprise, our cloud-based identity management platforms support multiple biometric modalities, including fingerprints, iris, facial, and more. With improved security and user experience, we are driving the world to passwordless. Discover more at our website and follow us on LinkedIn and X for the latest updates. FPC is listed on Nasdaq Stockholm (FING B). About LEGIC Identsystems AGFor over 30 years, Swiss-based LEGIC Identsystems has enabled companies from around the world to deploy solutions with demanding security requirements. Based on key management, trusted services and secure, contactless semiconductors, the LEGIC Security Platform provides end-to-end security for smartphone- and smartcard-based access, mobility, shared resource and industrial IoT applications. www.legic.com Attachment 250602 - LEGIC
Switzerland Retail Sales Growth Slows in April - ForexTV
In April 2025, Switzerland experienced a 1.3% year-on-year increase in retail sales, marking a slowdown from the revised 2.1% growth seen previously and falling short of the anticipated 2.5% rise. This deceleration was predominantly due to a reduction in non-food product sales, which grew by 2.2% compared to 5.2% in March, with significant impact from the information and communication technology sector (which saw a 16.5% rise, down from 22.4%). In contrast, sales of food, beverages, and tobacco maintained their upward trajectory, increasing by 0.5% compared to 0.1% earlier. On a seasonally adjusted monthly comparison, retail sales slipped by 0.3% in April, offsetting a previously revised 0.2% gain recorded in March.The material has been provided by InstaForex Company - www.instaforex.com
Telia Lietuva, AB presentation to investors at event 'CEO Meets Investors' - ForexTV
On 2 June 2025, Giedrė Kaminskaitė-Salters, CEO of Telia Lietuva, made a presentation to investors at Nasdaq Baltic organized event CEO Meets Investors. ENCL. Telia Lietuva presentation to investors Darius Džiaugys,Head of Investor Relations,tel. +370 5 236 7878,e-mail: darius.dziaugys@telia.lt Attachment Telia Lietuva_CEO meets investors_2025 06 02_EN
Australian Commodity Prices Decline Sharply in May 2025 - ForexTV
Australia's commodity prices have witnessed a notable decline in May 2025, reaching a year-over-year change of -7.7%. This recent downturn, highlighted by the latest figures released on June 2, 2025, marks a continuation of a downward trend, following a -7.1% shift observed in April 2025 when compared to the same periods a year prior.The decline represents mounting pressure on the Australian economy, which heavily depends on commodity exports. It reflects global market fluctuations and demand dynamics that may have been exacerbated by various economic and geopolitical factors developing over the past year.Economists are now closely monitoring how this slump might affect Australia's economic standing moving forward, especially considering any potential policy responses aimed at stabilising the sector. The negative shift places emphasis on the need for strategic economic planning as the nation navigates the challenges presented by these broader market conditions.The material has been provided by InstaForex Company - www.instaforex.com
Australian Commodity Prices Fall the Most in 3 Months - ForexTV
The Reserve Bank of Australia's Commodity Price Index experienced a 7.7% year-on-year decline in May 2025, following a revised decrease of 7.1% in April. This represents the 27th consecutive month of declining commodity prices and is the sharpest fall noted since February, primarily due to reduced prices for iron ore and coking coal. In terms of the Australian dollar, the index dropped by 2.9% in May, worsening from the revised 1.8% decline seen the previous month. On a monthly comparison, commodity prices increased by 0.4% in May, recovering from a revised 1.8% drop in April, with growth observed in the rural, non-rural, and base metals categories. However, when measured in Australian dollars, the index decreased by 1.5% in May 2025.The material has been provided by InstaForex Company - www.instaforex.com
BROAD ARROW’S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM - ForexTV
AUCTION SET FOR 10 OCTOBER IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK | NEW SALE ANNOUNCED ON THE HEELS OF BROAD ARROW’S SUCCESSFUL FIRST EUROPEAN AUCTION AT THE CONCORSO D’ELEGANZA VILLA D’ESTE IN PARTNERSHIP WITH BMW AG Karsten Le Blanc (left), Head of Broad Arrow’s EMEA Region & Broad Arrow Capital, Koen Van Hout, CEO of Zoute Grand Prix Car Week, and Kenneth Ahn, President of Broad Arrow, at the Concorso d’Eleganza Villa d’Este Auction in May 2025 Credit – Courtesy of Broad Arrow Auctions A selection of significant collector cars on display at the Zoute Concours d’Élégance 2023 on the grounds of the Royal Zoute Golf Club. Credit – Courtesy of Zoute Grand Prix LONDON, England, June 02, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to announce the addition of a new event on its global auction calendar—The Zoute Concours Auction, held in collaboration with Zoute Grand Prix Car Week (8-12 October 2025) in Belgium. Set for Friday, 10 October on the grounds of the beautiful Approach Golf in Knokke-Heist, a stone’s throw from the beach, the single-day auction will present approximately 70 exceptional collector cars across a wide variety of categories, marques, and price points. “We are thrilled to announce the Zoute Concours Auction as our newest sale date just days after a fantastic European auction debut for Broad Arrow,” says Karsten Le Blanc, Head of Broad Arrow’s EMEA Region & Broad Arrow Capital. “Our great success at the Concorso d’Eleganza Villa d’Este Auction is a testament to the team of experienced car specialists and seasoned industry operators we have assembled in EMEA, and we look forward to collaborating with Koen Van Hout and the Zoute Grand Prix team to bring the Broad Arrow experience to Belgium this fall.” Gregory Tuytens, Head of Consignments in Belgium & The Netherlands for Broad Arrow adds: “I’ve personally enjoyed a longstanding relationship with Zoute Grand Prix, an event beloved by European collectors and enthusiasts alike. The exclusivity of the event and the genuine passion for motoring exhibited throughout the week make Zoute a fantastic next step in expanding Broad Arrow’s European presence. The festival draws important collectors from around the world, and we’re excited to curate an exceptional selection of collector cars for auction to suit their tastes and enhance the incredible cars that descend on Belgium for the Zoute Grand Prix Car Week in October.” Zoute Grand Prix Car Week, a staple on the European and international motoring calendar, is a five-day festival that blends exceptional automobiles, avant-garde art, and a luxury lifestyle, promising a truly unforgettable celebration in beautiful Knokke-Heist. Broad Arrow’s Zoute Concours Auction will be held in conjunction with the return of the prestigious Zoute Concours d’Élégance by ING Private Banking on Saturday 11 and Sunday 12 October. The auction is expected to offer approximately 70 highly curated cars, alongside an impressive display of automotive elegance at the Zoute Concours d’Élégance by ING Private Banking. Koen Van Hout, CEO, Zoute Grand Prix adds: "We are very proud to announce our partnership with Broad Arrow, a second international auction house, during the Zoute Grand Prix Car Week, a natural and exciting collaboration between two ambitious companies united by a shared vision of the future, a passion for excellence, and the drive to expand our global reach. This is a partnership that will strengthen the international character of our event and take the Zoute Grand Prix Car Week to new heights." The announcement of the Zoute Concours Auction follows Broad Arrow’s European auction debut as BMW AG’s official auction partner of the Concorso d’Eleganza Villa d’Este. Held on 24-25 May at the stunning Villa Erba, the inaugural auction was a resounding success, totalling €31,2 million in sales with 78 percent of all lots sold. The vibrant auction saw several standout individual sales, including a new auction record for the top-selling 1948 Ferrari 166 Spyder Corsa at €7.543.750. Additional information on the Zoute Concours Auction is available at broadarrowauctions.com. Early consignments will be announced in the coming weeks. Collectors interested in consigning to or attending the auction are invited to speak with a Broad Arrow car specialist about this exciting new sale.Ends. About Broad Arrow AuctionsBroad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Learn more at broadarrowauctions.com and follow us on Instagram, Facebook, LinkedIn, and Twitter. About Hagerty, Inc. (NYSE: HGTY) Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn. About Zoute Grand Prix Car WeekZoute Grand Prix is a captivating celebration of high-end lifestyle, art, and automotive excellence. What began in 2010 as a rally of historic cars among friends, has evolved into one of Europe’s most prestigious events for lovers of both classic and contemporary automobiles. Now in its 16th edition, this five-day festival draws passionate collectors, connoisseurs, and car enthusiasts from around the world. Held in the heart of Knokke-Heist—one of Europe’s most refined coastal towns—Zoute Grand Prix Car Week features a Classic Rally, a Concours d’Elegance, a GT Tour, and exclusive exhibitions of art and design. Visitors can admire iconic historic models alongside cutting-edge premieres from the world’s most luxurious manufacturers, many making their European debut. In 2021, the event received international recognition as Motoring Event of the Year at the Historic Motoring Awards in London. Beyond the automotive allure, guests enjoy top-tier gastronomy, with celebrated chefs and premium dining experiences. Every detail reflects world-class hospitality and understated elegance, making Zoute Grand Prix an unmissable event for those who appreciate beauty, performance, and exclusivity. Discover more at zoutegrandprix.be Forward-Looking Statements - This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current intentions, expectations, or beliefs regarding the business. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forward-looking statements include: (i) our ability to recognise the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2023. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Understanding the information contained in those filings is important in order to fully understand our reported financial results and our business outlook for future periods. We do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law. Attachments Karsten Le Blanc (left), Head of Broad Arrow’s EMEA Region & Broad Arrow Capital, Koen Van Hout, CEO of Zoute Grand Prix Car Week, and Kenneth Ahn, President of Broad Arrow, at the Concorso d’Eleganza Villa d’Este Auction in May 2025 A selection of significant collector cars on display at the Zoute Concours d’Élégance 2023 on the grounds of the Royal Zoute Golf Club. CONTACT: Ian Kelleher Broad Arrow Auctions 917-971-4008 ikelleher@hagerty.com Meghan McGrail Broad Arrow Auctions 519-365-8750 mmcgrail@hagerty.com
Camfil Americas Appoints Industry Veteran Jon Holmes to Lead Sales Tools Innovation and Digital Transformation - ForexTV
Holmes brings over 11 years of experience with Camfil and more than two decades of expertise in sales, marketing, and business development to the position. Camfil Americas Appoints Industry Veteran Jon Holmes to Lead Sales Tools Innovation and Digital Transformation Holmes brings over 11 years of experience with Camfil and more than two decades of expertise in sales, marketing, and business development to the position. Riverdale, NJ, June 02, 2025 (GLOBE NEWSWIRE) -- Camfil USA, a global leader in air filtration solutions, has appointed Jon Holmes to the newly created position of Sales Tools Product Manager for the Americas region, effective May 19, 2025. The strategic appointment reflects Camfil's continued investment in digital sales enablement and customer-centric engagement strategies across its North and South American operations. Camfil Americas Appoints Industry Veteran Jon Holmes Jon Holmes Holmes brings over 11 years of experience with Camfil and more than two decades of expertise in sales, marketing, and business development to the position. The appointment comes as the company accelerates its digital transformation initiatives aimed at enhancing the customer experience and providing more sophisticated tools for demonstrating filtration system performance and lifecycle value. "This position represents a critical intersection between our technical capabilities, digital innovation, and frontline sales operations," said Joe Gorman, Vice President of Product & Development at Camfil Americas. "Jon's proven ability to bridge sales, marketing, and R&D—combined with his global presentation skills and deep understanding of customer-centric solutions—will be instrumental as we continue advancing our sales enablement efforts across the Americas." In his new role, Holmes will lead several key initiatives: Development and deployment of next-generation sales tools across the Americas region Management of Camfil's mobile laboratory operations, which provide on-site air quality testing and demonstration capabilities Enhancement of digital revenue initiatives, including virtual demonstration platforms Implementation of comprehensive training programs for Camfil's sales organization Continued advancement of the company's Total Cost of Ownership (TCO) approach to air filtration solutions Industry analysts note the significance of dedicated leadership for sales enablement technology in the industrial filtration sector, where technical complexity often creates challenges in communicating value propositions. "The industrial filtration market increasingly requires sophisticated tools to demonstrate long-term value beyond purchase price," said Michael Reynolds, Senior Analyst at Industrial Market Insights. "Companies investing in dedicated leadership for sales technology transformation are positioning themselves to better translate technical performance into tangible business outcomes for their customers." Holmes will leverage his extensive experience with Camfil's Life Cycle Cost (LCC) analysis and CamTester demonstration programs, which have helped organizations understand the comprehensive operational benefits of high-performance filtration systems. These tools have been particularly valuable in industries where air quality impacts both human health and operational efficiency, such as healthcare, pharmaceuticals, and advanced manufacturing. "Jon's appointment reflects our commitment to providing our customers and sales partners with the most advanced tools for understanding filtration performance in real-world conditions," Gorman added. "His unique combination of technical knowledge and communication skills will help us continue translating complex air filtration science into clear business value for our customers." Prior to this appointment, Holmes has held various leadership positions in marketing and business development at Camfil, contributing significantly to the company's brand development and customer engagement strategies. His work has helped strengthen Camfil's market position as a premium provider of air filtration solutions across multiple industries. About Camfil USA Camfil USA Air Filters For more than half a century, Camfil has been helping people breathe cleaner air. As a leading manufacturer of premium clean air solutions, Camfil provides commercial and industrial systems for air filtration and air pollution control that improve worker and equipment productivity, minimize energy use, and benefit human health and the environment. Headquartered in Stockholm, Sweden, Camfil operates 30 manufacturing sites worldwide with approximately 5,700 employees serving customers across diverse industries in more than 35 countries. ## For media inquiries, please contact: Lynne Laake Camfil USA Air Filters T: 888.599.6620 E: Lynne.Laake@camfil.com F: Friend Camfil USA on Facebook T: Follow Camfil USA on Twitter Y: Watch Camfil Videos on YouTube L: Follow our LinkedIn Page Request More Info Attachment Camfil Americas Appoints Industry Veteran Jon Holmes to Lead Sales Tools Innovation and Digital Transformation
Trump Threatens to Double Steel Tariffs - ForexTV
President Donald Trump escalated trade tensions on Friday by announcing an increase in tariffs on steel and aluminum imports, doubling them to 50%, with the changes set to take effect on June 4. This decision prompted swift criticism from significant trading partners, including the European Union, which cautioned that such actions undermine the pursuit of a "negotiated solution" in the ongoing trade dispute. In China, steel rebar futures settled at approximately CNY 3,020 per tonne at the conclusion of May, marking eight-month lows amid persistent concerns regarding demand. On June 2, Shanghai's futures markets were closed due to a national holiday, resulting in minimal immediate price movements. Further contributing to the downward pressure on steel prices, the Chinese government announced a ban on the sale of homes before they are completed. This significant policy shift could drastically limit a critical funding source for real estate developers. Such a measure poses the risk of exacerbating financial strains across China's property sector—one of the most significant consumers of steel—and may further suppress demand in the foreseeable future.The material has been provided by InstaForex Company - www.instaforex.com
Switzerland's GDP Growth Accelerates to 0.5% in Q1 2025 - ForexTV
The Swiss economy has shown signs of resilience with a steady improvement in its GDP growth rate. Data updated on June 2, 2025, from Switzerland's economic authorities indicated that the Gross Domestic Product (GDP) increased by 0.5% in the first quarter of 2025. This marks an uptick from the 0.3% growth registered during the fourth quarter of 2024.In the quarter-over-quarter analysis, the economic growth is seen positively, considering the previous quarter's growth was modest. The current quarter's progression indicates a more robust economic output, possibly attributed to increased consumer spending and stronger export performance.Economic analysts suggest that the boost in GDP could pave the way for enhanced economic stability in Switzerland throughout the year, positioning the country favorably amid global economic fluctuations. This growth trajectory will be closely watched by market participants and policymakers to ensure it continues without prompting inflationary pressures.The material has been provided by InstaForex Company - www.instaforex.com
South Korea Posts Largest Trade Surplus in 11 Months - ForexTV
In May 2025, South Korea experienced an increase in its trade surplus, reaching USD 6.94 billion, up from USD 4.86 billion in the same month of the previous year and surpassing market expectations of USD 4.61 billion, according to preliminary data. This figure marks the highest trade surplus since June 2024, attributed to a smaller decline in exports relative to imports. Exports decreased by 1.3% year-on-year, which was less than the market's anticipated 2.7% drop, and contrasts with a 3.7% increase observed in the preceding month. On the other hand, imports decreased by 5.3%, following a 2.7% decline in the prior month, and this was against market forecasts of a 3.1% reduction.The material has been provided by InstaForex Company - www.instaforex.com
South Korea Exports Fall Less than Expected - ForexTV
In May 2025, South Korea witnessed a 1.3% year-on-year decline in exports, reaching a three-month low of USD 57.27 billion. This figure exceeded market expectations, which anticipated a 2.7% decrease, and contrasted with the 3.7% growth observed in April. This downturn, the first since January, is attributed to the repercussions of tariffs imposed by US President Donald Trump.The material has been provided by InstaForex Company - www.instaforex.com
Moody's Downgrades Brazil’s Outlook to Stable - ForexTV
Moody's Ratings has adjusted Brazil’s sovereign credit rating outlook from 'positive' to 'stable', while maintaining its 'Ba1' rating. This decision is attributed to slower-than-anticipated progress in addressing spending rigidity and establishing credibility concerning fiscal policy. Moody's, which had previously upgraded Brazil to the Ba1 rating last October, also pointed to a significant deterioration in debt affordability as a factor in the outlook change. These issues, the agency noted, undermine potential gains in investment and GDP growth, despite the economic reforms underway that generally uphold Brazil’s credit quality. Concurrently, Standard & Poor's maintains a BB rating for Brazil with a stable outlook, and DBRS also reports Brazil's credit rating at BB with a stable outlook.The material has been provided by InstaForex Company - www.instaforex.com
Moody's Upgrades Nigeria's Rating to B3 - ForexTV
Moody's Global Ratings has upgraded Nigeria's credit rating from Caa1 to B3, acknowledging notable improvements in the country's external and fiscal conditions. The agency highlighted that recent policy adjustments have reduced inflationary risks in Nigeria. As a result, both inflation and domestic borrowing costs are beginning to show signs of moderation, enhancing confidence in the sustainability of these policy transformations. Concurrently, Moody's has altered Nigeria's outlook from positive to stable, anticipating continued advancement in external and fiscal areas, though progress may slow if oil prices fall. Meanwhile, Standard & Poor's has assigned a credit rating of B- to Nigeria, maintaining a stable outlook.The material has been provided by InstaForex Company - www.instaforex.com
StreetLeaf Plants its 10,000th Light in Advance of Hurricane Season - ForexTV
Solar-powered Smart Lighting Brings Resilient Infrastructure to Communities Across Florida StreetLeaf, the leading provider of solar-powered streetlight services in the United States, has installed its 10 thousandth solar-powered streetlight, just in time for hurricane season, which begins June 1st. The newly installed lighting systems feature StreetLeaf's solar panel technology, which captures energy even during cloudy conditions, and has 5-day battery backup. Each unit includes high-efficiency LED bulbs that provide superior illumination while consuming minimal power. The lights are equipped with motion sensors and smart controls that adjust brightness based on time of day and pedestrian activity, further optimizing energy usage. Streetleaf lights are DarkSky approved, ensuring minimal light pollution while maximizing visibility and safety for residents. This aligns with StreetLeaf's commitment to creating environmentally responsible lighting solutions that respect natural ecosystems. StreetLeaf, the leading provider of solar-powered streetlight services in the United States, has installed its 10 thousandth solar-powered streetlight, just in time for hurricane season, which begins June 1st. The newly installed lighting systems feature StreetLeaf's solar panel technology, which captures energy even during cloudy conditions, and has 5-day battery backup. Each unit includes high-efficiency LED bulbs that provide superior illumination while consuming minimal power. The lights are equipped with motion sensors and smart controls that adjust brightness based on time of day and pedestrian activity, further optimizing energy usage. Streetleaf lights are DarkSky approved, ensuring minimal light pollution while maximizing visibility and safety for residents. This aligns with StreetLeaf's commitment to creating environmentally responsible lighting solutions that respect natural ecosystems. TAMPA, FLORIDA, June 01, 2025 (GLOBE NEWSWIRE) -- StreetLeaf, the leading provider of solar-powered streetlight services in the United States, has installed its 10 thousandth solar-powered streetlight, just in time for hurricane season, which begins June 1st. The 10,000th light is part of the Shine On Florida initiative, and indeed marks a significant step in the company's mission to provide cost-effective, hurricane resilient infrastructure options to communities across Florida. Shine on Florida is a call to action for Florida’s utility companies, local governments, home builders, municipalities, HOAs and residents to rethink current construction choices, and make Florida a model for climate-resiliency. "Future proofing communities has been a focus of Streetleaf since our inception but our sense of urgency increased exponentially last year when three back-to-back hurricanes hit our local area," said Liam Ryan, CEO of StreetLeaf. "Shine On Florida represents expanding access to lighting solutions that enhance safety, improve quality of life, and reduce environmental impact for this hurricane season, as well as for future generations." Streetleaf has been partnering with large real estate development companies, who have been an integral part of expanding the use of hurricane resilient streetlights across Florida. Those companies include Metro Development Group, D.R. Horton, and Forestar Group Inc.. Streetleaf is also working with more than 50 HOAs to bring these lights to their communities, including the innovative Babcock Ranch, America’s first solar-powered town. Tampa Electric Company has played a critical role in helping integrate solar solutions into infrastructure discussions around the Tampa area, as StreetLeaf works to bridge utility-grade performance with forward-thinking innovation. In Manatee County, StreetLeaf installations are now helping neighborhoods stay illuminated during power outages, offering peace of mind in storm-prone seasons. Additionally, homebuilders like Lennar, Kotler, Homes by WestBay, and MI Homes have become early adopters of solar streetlighting, recognizing its value in offering safer, more sustainable communities to their homebuyers. The newly installed lighting systems feature StreetLeaf's solar panel technology, which captures energy even during cloudy conditions, and has 5-day battery backup. Each unit includes high-efficiency LED bulbs that provide superior illumination while consuming minimal power. The lights are equipped with motion sensors and smart controls that adjust brightness based on time of day and pedestrian activity, further optimizing energy usage. Streetleaf lights are DarkSky approved, ensuring minimal light pollution while maximizing visibility and safety for residents. This aligns with StreetLeaf's commitment to creating environmentally responsible lighting solutions that respect natural ecosystems. By choosing Streetleaf’s solar lighting solutions, communities benefit from both cost savings and meaningful environmental impact. Each installation saves counties and HOAs tens of thousands of dollars annually in electricity costs, while eliminating the need for trenching and wiring can reduce upfront infrastructure expenses by hundreds of thousands of dollars. At the same time, Streetleaf helps neighborhoods reduce carbon emissions—just fifty solar streetlights can offset the electricity use of two average households each year. To learn more about the Shine On Florida program, and how Streetleaf is helping Florida communities shine brighter and greener, visit: https://streetleaf.com/shine-on-florida/ For more information about StreetLeaf and its services, please visit: www.streetleaf.com. ABOUT STREETLEAFHeadquartered in Tampa, Florida, StreetLeaf specializes in integrating modern, renewable technology into communities through one of the most essential yet often-overlooked features—streetlights. Since its founding in 2019, StreetLeaf has installed over 10,000 lights across the country, from Florida to California, and is rapidly growing to meet the rising demand for resilient, sustainable solutions. StreetLeaf uses high-quality, dependable and proprietary hardware, software, and service to partner with land developers, builders, municipalities, utilities, and HOAs to create safer, greener communities. A carbon-neutral certified company, StreetLeaf is also DarkSky approved, and has offset more than 4 million pounds of CO2 and counting, as a tree is planted for every StreetLeaf light that is installed in the ground.Learn more at www.streetleaf.com. Attachments StreetLeaf, the leading provider of solar-powered streetlight services in the United States, has installed its 10 thousandth solar-powered streetlight, just in time for hurricane season, which begins June 1st. StreetLeaf, the leading provider of solar-powered streetlight services in the United States, has installed its 10 thousandth solar-powered streetlight, just in time for hurricane season, which begins June 1st. CONTACT: Carson Quinn ZindseyMEDIA for Streetleaf 312.339.9779 carson@zindsey.com
Front-end Engineer Interview Preparation Course With AI 2025 Reviews - Interview Kickstart Trains AI-enabled Frontend Developers For FAANG Jobs - ForexTV
Santa Clara, May 31, 2025 (GLOBE NEWSWIRE) -- Santa Clara, California - FAANG companies have fundamentally transformed their frontend engineering hiring practices over the past year, implementing increasingly sophisticated technical evaluations that emphasize system design thinking, advanced JavaScript proficiency, and real-world problem-solving capabilities beyond traditional coding challenges. This evolution is comprehensively addressed in Interview Kickstart's Frontend Engineering Interview Masterclass Course, a rigorous 15-week program where students dedicate 10-12 hours per week studying data structures and algorithms, system design, JavaScript language and libraries, and advanced frontend concepts essential for FAANG success. For more information about the course, visit: https://interviewkickstart.com/courses/front-end-engineering-interview-masterclass. Major technology companies have shifted their frontend interview processes to prioritize candidates who can architect scalable user interfaces, optimize application performance at enterprise scale, and demonstrate a deep understanding of modern JavaScript frameworks and their underlying principles. Today's FAANG interviews probe candidates on micro-frontend architectures, state management at scale, browser performance optimization, and accessibility implementation, requiring preparation that goes far beyond basic coding competency. Technical interviews at these elite organizations now routinely include system design challenges specific to frontend development, asking candidates to architect solutions for applications serving millions of users. Hiring managers evaluate not just implementation skills but strategic thinking about component reusability, bundle optimization, caching strategies, and cross-browser compatibility, assessing candidates' readiness to contribute to complex production systems from day one. Interview Kickstart's comprehensive course addresses these evolving requirements through intensive study of both foundational and advanced concepts essential for FAANG frontend roles. The curriculum covers critical technical areas, including sophisticated data structures and algorithms applications in frontend contexts, system design principles for scalable user interfaces, and deep JavaScript expertise spanning language fundamentals through modern library implementations. A crucial component of the program is its specialized 3-week career coaching module featuring 3 live classes focused on the latest interview strategies specific to FAANG hiring patterns. During these sessions, Interview Kickstart's FAANG+ instructors—who serve as hiring managers and tech leads at these organizations—provide insider perspectives on evaluation criteria while helping participants build compelling resumes and optimize their LinkedIn profiles for maximum visibility to FAANG recruiters. The course's extensive 6-month support period includes 15 comprehensive mock interviews designed to replicate the specific technical challenges and evaluation formats used by FAANG companies. These structured simulations help candidates develop familiarity with the unique interview styles of different organizations while receiving detailed feedback from instructors who have conducted actual hiring interviews at these companies. Throughout this extended support period, participants benefit from personalized 1:1 mentoring sessions with FAANG+ instructors who provide targeted guidance based on their direct experience as hiring decision-makers. These individualized coaching sessions address specific technical knowledge gaps while helping candidates articulate their problem-solving approaches in ways that resonate with FAANG evaluation frameworks. "FAANG companies have elevated their frontend interview standards significantly, focusing on candidates who can think systematically about large-scale user interface challenges," explains an Interview Kickstart spokesperson. "Our curriculum prepares participants for these sophisticated assessments while providing insider knowledge about what these companies prioritize during their hiring processes." The program also incorporates the latest salary negotiation strategies specific to FAANG offers, recognizing that these companies often have unique compensation structures and negotiation approaches. This specialized guidance helps participants maximize their offer potential while understanding the various components of FAANG compensation packages. For frontend engineers targeting roles at the world's most competitive technology companies, Interview Kickstart's comprehensive course provides essential preparation for navigating the sophisticated hiring processes that now define FAANG recruitment standards. To learn more visit https://interviewkickstart.com/reviews About Interview Kickstart Interview Kickstart, founded in 2014, is a trusted upskilling platform designed to help tech professionals secure roles at FAANG and other leading tech companies. With over 20,000 success stories, it has become a go-to resource for career advancement in the tech industry. https://youtu.be/2-nBzwf3Oaw?si=gmMfsDMazR9YDe4O The platform offers a flexible learning experience with live classes and over 100,000 hours of on-demand video lessons. This ensures learners have the tools they need to dive deep into technical concepts and refine their skills on their schedule. Additionally, 1:1 coaching sessions provide personalized support in areas like resume building and LinkedIn optimization, enhancing each learner's professional profile. ### For more information about Interview Kickstart, contact the company here:Interview KickstartBurhanuddin Pithawala+1 (209) 899-1463aiml@interviewkickstart.com4701 Patrick Henry Dr Bldg 25, Santa Clara, CA 95054, United States CONTACT: Burhanuddin Pithawala
South Korea Imports Drop More than Estimated - ForexTV
In May 2025, South Korea experienced a 5.3% year-on-year decrease in imports, reaching a three-month low of USD 50.3 billion. This follows a 2.7% decline in April, marking the second consecutive month of reduced imports. The decrease surpassed market expectations, which had anticipated a 3.1% drop, according to preliminary data.The material has been provided by InstaForex Company - www.instaforex.com
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BSGM, SGN, HLGN on Behalf of Shareholders - ForexTV
NEW YORK, May 31, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: BioSig Technologies, Inc. (NASDAQ: BSGM)’s merger with Streamex Exchange Corporation. Upon completion of the proposed transaction, current BioSig shareholders and holders of common stock equivalents will hold 25% of the fully diluted BioSig common stock outstanding. If you are a BioSig shareholder, click here to learn more about your rights and options. Signing Day Sports, Inc. (NYSE: SGN)’s merger with One Blockchain LLC. Upon completion of the proposed transaction, Signing Day shareholders are expected to own approximately 8.5% of the combined company. If you are a Signing Day shareholder, click here to learn more about your rights and options. Heliogen, Inc. (OTCQX: HLGN)’s sale to Zeo Energy Corp. Upon closing of the proposed transaction, Heliogen’s securityholders will receive shares of Zeo’s Class A common stock valued at approximately $10 million in the aggregate, based on a Zeo Class A common stock price of $1.5859 per share, and subject to an adjustment mechanism based on Heliogen’s net cash at the closing. If you are a Heliogen shareholder, click here to learn more about your rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCDaniel Sadeh, Esq.Zachary Halper, Esq.One World Trade Center85th FloorNew York, NY 10007(212) 763-0060sadeh@halpersadeh.comzhalper@halpersadeh.com https://www.halpersadeh.com
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AVDX, TASK, BRDG on Behalf of Shareholders - ForexTV
NEW YORK, May 31, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: AvidXchange Holdings, Inc. (NASDAQ: AVDX)’s sale to TPG for $10.00 per share in cash. If you are an AvidXchange shareholder, click here to learn more about your legal rights and options. TaskUs, Inc. (NASDAQ: TASK)’s sale to affiliates of Blackstone and executives and founders of TaskUs for $16.50 per share. If you are a TaskUs shareholder, click here to learn more about your rights and options. Bridge Investment Group Holdings Inc. (NYSE: BRDG)’s sale to Apollo. Under the terms of the proposed transaction, Bridge shareholders and Bridge OpCo unitholders will receive, at closing, 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively. If you are a Bridge shareholder, click here to learn more about your rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCDaniel Sadeh, Esq.Zachary Halper, Esq.One World Trade Center85th FloorNew York, NY 10007(212) 763-0060sadeh@halpersadeh.comzhalper@halpersadeh.com https://www.halpersadeh.com
ALL ENHANCES ITS ENTERTAINMENT OFFERING WITH INTERNATIONAL PARTNERSHIPS - ForexTV
FIRST PARTNERSHIP WITH OVO ARENA WEMBLEY IN ENGLAND RENEWED PARTNERSHIPS WITH MAJOR VENUES IN FRANCE, AUSTRALIA AND BRAZIL Since 2019, music has been one of the three main areas of interest for members of ALL, Accor's booking platform and loyalty programme. ALL is strengthening its presence in the world of entertainment, offering unique and enriching experiences through partnerships with major venues, with benefits for members including meetings with artists, VIP box seats, and advance seating for the biggest concerts of the year. Meanwhile, gig-tripping, a trend combining travel with concert attendance, continues to grow. Travellers are organising their stays around major shows, as witnessed by the impact of the Eras Tour, Taylor Swift's 2024 world tour. According to a 2024 study conducted by ALL, 45% of frequent travellers have made at least one trip to attend an event. In 2025, ALL builds on its strategic partnerships to continue to meet the expectations of travellers and members alike. IN FRANCE: Renewal of the Accor Arena naming contract for a further 5 years. Since its launch, ALL members have been able to access exceptional offers at the iconic Paris venue: access to the panoramic VIP box (16 seats) and its culinary services, to the “Somewhere Bar by Handwritten” speakeasy with a free welcome drink, and to premium preview places with category 1 or 2 VIP seating.The world of ALL is accessible to all Accor Arena spectators at the “Shower Singer ALL Accor” karaoke bar or by entering a competition to win event tickets at the unique – “Smart Room ALL Accor” that showcases the innovative features in accessible room design, on the public concourse. IN THE UK: New partnership with London's OVO Arena Wembley. This first UK arena partnership will enable ALL to offer its members new spaces in this iconic venue, such as “The ALL Accor Terrace” (8 seats) with its privileged view and top-of-the-range catering services. The new collaboration enriches the range of offers already available on ALL.com in the UK, such as tickets for popular musicals and candlelight concerts. IN AUSTRALIA: Enriched offer at the Qudos Bank Arena. In addition to providing access to celebrated sports and music events at the Accor Stadium in Sydney, ALL has renewed and extended its partnership with the Qudos Bank Arena for a further three years. Members will continue to access the 18-seat VIP box and enjoy a gourmet meal while taking in the view from a private balcony. Additionally, they will now have access to more experiences thanks to increased ticket allocation, covering a mix of suite experiences and category A tickets. IN BRAZIL: Strategic partnerships strengthened and continued commitment to top-of-the-line member experiences at two renowned São Paulo venues. For the last three years, ALL members have been able to reserve box seats for some 40 events each year at Allianz Parque, the country's largest stadium. Members can enjoy a pre-match cocktail reception at an Accor hotel, shuttle services from the hotel to the arena, free parking, and VIP service with food and drink included.For the last 10 years, ALL has also offered its members access to the “Sala Raí” box at the Estádio do Morumbi stadium. This VIP box hosts major concerts and over 30 São Paulo FC matches every year. At each event, members can enjoy a privileged view, premium catering and shuttle services. With over 5,600 hotels worldwide, ALL.com also offers a wide range of hotels close to the biggest concert and event venues in cities around the world, including Paris, London, Berlin, Madrid, Miami, Mexico City, São Paulo, Sydney, Abu Dhabi... “Gig-tripping represents new travel opportunities for music and sport fans who can unlock access to concerts and events thanks to their ALL membership. These venue renewals and new partnerships strengthen our relationships with our members in key markets all around the world,” says Mehdi Hemici, Chief of Loyalty and E-Commerce Officer, Accor. Stuart Wareman, SVP Experiences Events Sponsorships Accor continues: “We are proud to reinforce and expand our partnerships, reflecting Accor's vision of hospitality and experience. Collaborating with renowned venues and spaces also enables us to enrich the programme, diversify our revenues, and raise our profile on the international stage. With over 7,000 events worldwide, covering music, sport, gastronomy and entertainment, ALL offers carefully crafted moments beyond hotel stays.” Nicolas Dupeux, CEO of Paris Entertainment Company, added “Extending with our founding naming partner for the Accor Arena helps us continue to collaborate with ALL to deepen fan engagement and offer unparalleled experiences for our guests to ensure the arena remains France’s most iconic and important entertainment venue.” Chris Bray, President of Legends and ASM Global, Europe, commented “Adding ALL to our growing roster of partners at the OVO Arena, Wembley whilst extending the relationship at the Qudos Bank Arena reflects the quality of events our venues can attract, and we look forward to hosting ALL members for unforgettable experiences from their favorite artists.”
China Manufacturing Shrinks at Softer Pace - ForexTV
China's official NBS Manufacturing PMI increased to 49.5 in May 2025, up from April's 16-month low of 49.0, in alignment with market predictions. Despite this rise, it still represents the third monthly decline in manufacturing activity this year.The material has been provided by InstaForex Company - www.instaforex.com
China Services Growth at 4-Month Low - ForexTV
In May 2025, China's official NBS Non-Manufacturing PMI slightly decreased to 50.3 from 50.4 in April, falling short of market predictions of 50.6. This marks the lowest reading since January.The material has been provided by InstaForex Company - www.instaforex.com
NEW WAVE ANNOUNCES Closing of Non-Brokered Private Placement of Units - ForexTV
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES -VANCOUVER, BC, May 30, 2025 (GLOBE NEWSWIRE) -- New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) announces, further to its news release of May 20 and May 29, 2025, that the Company has closed the previously announced non-brokered private placement under the Listed Issuer Financing Exemption (as defined herein) of 7,000,000 units of the Company (the “Units”) at $0.055 per Unit for gross proceeds of $385,000 (the “LIFE Offering”). Each Unit consists of one common share in the capital of the Company (a “Share”) and one transferrable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share on or after August 13, 2025 at a price of $0.07 on or before May 30, 2027. The Company intends to use the proceeds for future portfolio investments, supporting current investments and for general working capital. The LIFE Offering was completed pursuant to the listed issuer financing exemption (the "Listed Issuer Financing Exemption") under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). The securities issued under the LIFE Offering are not subject to a hold period in accordance with applicable Canadian securities laws. There is a first amended and restated offering document dated May 28, 2025 related to this LIFE Offering (the “Amended and Restated Offering Document”) that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at http://newwavecorp.com. The securities issued pursuant to the LIFE Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. ABOUT NEW WAVE HOLDINGS CORP. New Wave Holdings Corp. (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) is an investment issuer that has been focused on supporting innovative and fast-growing companies within the esports, Artificial Intelligence, Blockchain, and Web3 sectors. Investors interested in connecting with New Wave Holdings can learn more about the Company by contacting Geoff Balderson, Chief Financial Officer. For further information please contact: Geoff Balderson, Chief Financial Officer, New Wave Holdings Corp., (604) 602-0001 ON BEHALF OF THE BOARD of DIRECTORS Anthony Zelen Director The CSE does not accept responsibility for the adequacy or accuracy of this release.
Trillion Energy Announces Debt Settlements - ForexTV
Vancouver, B.C. , May 30, 2025 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces that it proposes to issue an aggregate of 2,237,082 common shares of the Company in settlement of $101,854.10 in debt owed by the Company to consultants and an officer of the Company (the "Debt Settlement"). The common shares will be subject to a four month and one day hold period from the date of issuance as per applicable Canadian securities legislation. In connection with the Debt Settlement, a total of 573,002 common shares of the Company are being issued for certain management services from an officer of the Company (the "Insider Settlement"). The Insider Settlement is considered a “related-party transaction” within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company's market capitalization. About the Company Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on www.sedarplus.ca, and our website. Contact Sean Stofer, ChairmanBrian Park, VP of Finance1-778-819-1585E-mail: info@trillionenergy.comWebsite: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Statements This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws. These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedarplus.ca, and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024.
Bragar Eagel & Squire, P.C. is Investigating CaaStle, Inc. on Behalf of Stockholders and Encourages Fund Investors to Contact the Firm - ForexTV
NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of investors of fashion startup CaaStle, Inc. Our investigation concerns whether CaaStle has violated the federal securities laws and/or engaged in other unlawful business practices. On March 31, 2025, Axios published a story accusing former-CEO Christine Hunsicker of financial misconduct. Specifically, the report stated that CaaStle's Board had sent a letter to investors on March 29, 2025 revealing that Hunsicker had provided investors with "misstated financial statements and falsified audit opinions, as well as capitalization information that understated the number of company shares outstanding." Hunsicker reportedly resigned from her position shortly after the letter went out. Then, on April 7, 2025, Axios published an additional report stating that CaaStle's Board allowed Hunsicker to retain her position for a period of time even after finding out about her alleged fraud and was slow to warn investors of her alleged financial misconduct. Following these reports, on April 8, 2025, EXP Topco, LLC filed a lawsuit against CaaStle accusing the Company of breach of a license agreement and a settlement agreement. According to the lawsuit, in light of the "corporate meltdown" CaaStle was experiencing, the Company backed out of a license agreement with EXP over the use of an EXP trademark and entered into a settlement agreement in which it agreed to make a payment to EXP that it ultimately failed to make. Then, on April 18, 2025, P180 filed a lawsuit against CaaStle accusing the Company of misrepresenting its financial health in order to induce P180 to raise capital and take out loans. P180 claims it suffered losses upwards of $58 million. If you have invested in CaaStle, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com
Lancaster Resources Announces Closing Conditions Met for Lake Cargelligo Acquisition - ForexTV
VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR) (OTC Pink:LANRF) (FRA:6UF0) (“Lancaster”), is pleased to announce it has received approval from the Canadian Securities Exchange to complete the acquisition of the Lake Cargelligo Gold Project and has today completed the $400,000 non-brokered private placement financing as announced on April 23, 2025, which was fully subscribed. With all key conditions met, Lancaster expects the acquisition to close imminently. Lake Cargelligo Gold Project Highlights: District-scale opportunity: 28,768 hectares in a single, contiguous claim with over 25 km of prospective strike and three primary target zones. High-grade results: Historical sampling includes results up to 204 g/t Au and 273 g/t Ag from rock chips, and up to 16m @ 5.83 g/t Au and 7.20 g/t Ag from channel sampling.1 Acquisition Terms Under the terms of the definitive agreement, Lancaster will acquire a 100% interest in the Lake Cargelligo Gold Project. The total consideration for the acquisition is payable as follows: $10,000 in cash at closing; 10,000,000 common shares with voluntary resale restrictions, released over a 24-month period in staged tranches starting four months after closing. No finders’ fees are payable in connection with the acquisition. The vendors will retain a 2% net smelter returns (NSR) royalty on all mineral production. Lancaster may repurchase 1% of the NSR for $2,000,000. The remaining 1% is subject to a repurchase right at fair market value based on a discounted cash flow valuation. Lancaster must incur $400,000 in exploration expenditures within 12 months of closing as an initial work commitment. Failure to do so, after a 60-day cure period, allows the vendors to reacquire the Project for $10,000. A second work commitment of $3,000,000 over 36 months is optional, with similar cure rights for the vendors to reacquire the Project for $50,000. Milestone payments of up to $3.68 million are payable as follows: $30,000 on completion of the first geophysics program; $50,000 on commencement of the first drill program; $50,000 upon raising $1,000,000 post-closing; $50,000 upon receipt of conditional ASX listing approval; $500,000 on a NI 43-101 or JORC-compliant 1Moz gold resource; $1,000,000 on a NI 43-101 or JORC-compliant PEA for a 1Moz resource; $2,000,000 on a NI 43-101 or JORC-compliant PFS for a 1Moz resource. Management Commentary “With gold reaching record highs and demand remaining robust, we believe Lake Cargelligo is a timely and strategic addition to our portfolio,” said Lancaster CEO Andrew Watson. “Our team is preparing a Phase 1 exploration program for Summer/Fall 2025 aimed at unlocking the Project’s excellent geological and geochemical potential.” All exploration results are historical in nature and have not been verified by a Qualified Person under NI 43-101. The Company considers these results relevant for exploration purposes but not necessarily indicative of mineralization on the property. Andrew Watson, P.Eng., President and CEO and a Director of the Company, is a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Watson has reviewed and approved the scientific and technical information contained in this news release. Mr. Watson is not independent of the Company. About Lancaster Resources Inc. Lancaster Resources Inc. is a Canadian exploration company focused on advancing a diversified portfolio of critical mineral and precious metal assets. The Company holds a 100% interest in the Piney Lake Gold Project in Saskatchewan and maintains additional uranium exploration projects at Catley Lake and Centennial East in the Athabasca basin, Saskatchewan, as well as the Alkali Flat Lithium Project in New Mexico. Lancaster has also signed a definitive agreement to acquire the Lake Cargelligo Gold Project in New South Wales, Australia. Andrew Watson, President & Chief Executive Officer, Lancaster Resources Inc.info@lancasterlithium.com Tel: 604 923 6100 www.lancaster-resources.com The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this news release. Cautionary Statement Regarding Forward-Looking Statements Certain statements contained in this press release constitute forward-looking information. These statements relate to future events, or Lancaster’s future performance. The use of any of the words “could”, “expect”, “believe”, “will”, “projected”, ”estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Lancaster’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, the ability of Lancaster to execute its exploration plans, ability to complete the acquisition of the Lake Cargelligo Gold Project, raise capital, retain key personnel, identify, acquire, explore, and develop high-quality mineral-rich properties constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Lancaster disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws. 1 Sources include: (1) Carpentaria Exploration Ltd., 2014 Annual Report for EL8095; (2) Aberfoyle Exploration Pty Ltd., First and Final Report for EL1770, June 1982; (3) Lachlan Resources N.L., First Six-Month Progress Report for EL2914; and (4) MinView database from the Geological Survey of NSW (https://www.resources.nsw.gov.au/geological-survey/minview).
Rwanda Producer Inflation at 3-Month Low - ForexTV
In April 2025, Rwanda experienced a 2.4% year-on-year increase in producer prices, showing a decline from the 4.2% surge recorded in the previous month. This trend marks the fifth consecutive rise in producer inflation, although it is the softest rate since January. A notable slowdown was observed in manufacturing prices, which increased by 2.9% compared to 5.1% in March, while the rates for mining and quarrying remained constant at 1.1%. Additionally, there was no change in the prices for electricity, gas, steam, and air conditioning supply activities. On a monthly scale, producer prices dropped by 1.9% in April, following a 0.6% decrease in March, representing the third straight month of decline and the sharpest reduction in 10 months.The material has been provided by InstaForex Company - www.instaforex.com
China's Non-manufacturing PMI Dips Slightly in May, Marking Cautious Economic Momentum - ForexTV
China’s non-manufacturing sector has shown a minor contraction in growth as the Purchasing Managers' Index (PMI) fell to 50.3 in May, down from 50.4 in April, according to the latest data updated on May 31, 2025. The PMI, which measures the economic health of the non-manufacturing sectors, indicates expansion with figures above 50, but the slight dip points to challenges looming in the country's service and construction industries.The marginal decline nevertheless keeps the index above the critical 50-point threshold, signaling slight ongoing expansion albeit at a reduced pace. The data suggests a cautious but persistent economic momentum amidst ongoing global economic uncertainties and domestic policy adjustments undertaken by Beijing to stabilize growth.The figures reflect a period of adjusting tides in China's economy, as policymakers attempt to balance between sustaining growth and managing inflationary pressures while navigating complex international trade dynamics and domestic economic policy shifts. As China continues to adapt to new economic challenges, these figures will likely be closely monitored for indications of longer-term trends in the nation’s non-manufacturing sectors.The material has been provided by InstaForex Company - www.instaforex.com
Trans Mountain Corporation Releases First Quarter 2025 Financial Results - ForexTV
CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) -- Trans Mountain Corporation (“TMC” or “the Company”) has released its financial statements and associated management report for the three months ending March 31, 2025. The Company’s financial results are also included in Canada Development Investment Corporation’s (“CDEV”) consolidated quarterly financial statements. Adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”) reflect the performance of TMC’s base business. Revenues and Adjusted EBITDA have increased significantly following the commercial commencement of the Expanded System on May 1, 2024. Financial Highlights: EBITDA: For the three-month period ending March 31, 2025, Adjusted EBITDA increased by $532 million to $568 million, compared to $36 million in the same period of the prior year.Capital Structure: In December 2024, Canada TMP Finance Ltd., the entity which holds the Government of Canada’s investment in TMC, provided funding to repay $17.9 billion of guaranteed third-party debt. The refinancing results in lower interest costs for the Company, making additional funds available to optimize the system, grow, pay down debt or increase returns to its shareholder.Capital Return: During the first quarter an aggregate of $311 million was paid to Canada TMP Finance Ltd., consisting of $148 million in interest payments and $163 million in cash dividends. These distributions are expected to grow significantly in 2026 and beyond. Operational Highlights: Throughput: During the first quarter, the Expanded System had an average daily mainline throughput of approximately 757,000 barrels per day (bpd), including 445,000 bpd to Westridge Marine Terminal, 227,000 bpd to Washington state on the Puget Sound Pipeline and 85,000 bpd to BC delivery points.Vessel Traffic: For the three-month period ending March 31, 2025, 74 vessels were loaded at Westridge Marine Terminal, including 29 vessels in March marking a new monthly high for the Expanded System’s operation. Since the commercial commencement of the Expanded System on May 1, 2024, TMC has loaded 266 vessels at the terminal. Third-party information suggests vessel destinations have been broadly split between the US West Coast and Asia.Loading Performance: Ship loading performance remains strong. During the quarter, approximately 90 per cent of ships were loaded on time, with delays attributable to vessel operator factors. Since the commercial commencement of the Expanded System, all deliveries have been subject to the Expanded System tariff and tolls. Contractually committed revenues associated with the 15-and 20-year transportation service contracts covering approximately 80 per cent of the Expanded System’s capacity have resulted in a significant increase to transportation volumes, revenues and Adjusted EBITDA. TMC reported net income of $148 million for the first quarter of 2025, as compared to $158 million in the same period of the prior year. While Adjusted EBITDA reflects the results from the Company’s base business, net income incorporates depreciation and amortization expense, as well as the significant financing impacts of the Trans Mountain Expansion Project (“TMEP”), specifically, the equity allowance for funds used during construction (“AFUDC”), interest expense and capitalized debt financing costs. While net income decreased by $10 million year-over year, the underlying factors changed significantly. Interest expense before capitalized debt financing costs was materially lower, reflecting the recapitalization of TMC’s balance sheet in December 2024. However, these savings were offset by increased depreciation and amortization expense, and the cessation of equity AFUDC and capitalized debt financing costs on TMEP following the commercial commencement of the Expanded System. CEO Comments “Trans Mountain is demonstrating its strategic value to Canada’s economy,” said Mark Maki, Chief Executive Officer, Trans Mountain Corporation. “Our team remains focused on safe, reliable operations as we complete one year of Expanded System operations. The Expanded System has driven strong value to Canada’s energy producers and Canadians overall.” Maki continued, “This critical infrastructure is opening new global markets for Canadian energy, reducing reliance on a single US market and ensuring long-term economic benefits for Canadians. These results reflect the hard work, commitment to safety and collaboration of our dedicated team. For the three-month period ending March 31, 2025, the West Texas Intermediate to Western Canadian Select differential averaged US$13 per barrel (bbl), which was US$4 per bbl narrower than the average of US$17 per bbl in Q1, 2024. While the differential does not directly affect TMC’s operational or financial performance, the commencement of the Expanded System has contributed to greater egress optionality and improved oil prices for Canadian producers in the Western Canada Sedimentary Basin,” concluded Maki. See the full financial statements and management report documents here. See CDEV’s Quarterly Report here. Looking Forward Toll Hearing: TMC continues to operate under an interim toll structure currently before the Canada Energy Regulator (CER). On November 30, 2023, the CER approved preliminary interim tolls for the Expanded System, which remain in effect today. Under the current CER hearing timeline, final arguments are scheduled for late 2025. Optimization Opportunities: Trans Mountain is exploring both short and long-term optimization projects aimed at increasing pipeline capacity by 200,000 bpd to 300,000 bpd. Potential solutions may include the use of drag-reducing agents to increase flow efficiency, as well as other operational enhancements to improve system capabilities. Forward-looking information This news release contains certain statements that constitute forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking information”). Forward-looking information is not historical fact, but instead represents the current expectations of TMC regarding future operating results and other future events relating to TMC, many of which, by their nature, are inherently uncertain and outside of the control of TMC. Forward-looking information can be identified by words or phrases such as “will”, “may”, “expect”, “anticipate”, “believe”, “intend”, “plan”, “seek”, “aim”, “potential”, “should”, “would” and similar words or expressions. Forward-looking information in this news release includes, but is not limited to, expectations regarding future distributions, potential uses of funds resulting from lower interest costs, expected timing for final arguments for the current CER hearing, potential optimization projects and the expected increase in pipeline capacity resulting from such projects. the opening of global markets for Canadian energy and long-term economic benefits resulting from TMC’s infrastructure. Actual results could differ materially from those anticipated in the forward-looking information. The forward-looking information in this news release is based on certain assumptions that TMC has made regarding, among other things: market conditions, economic conditions, prevailing governmental policies, regulatory, tax, and environmental laws and regulations, inflation rates and commodity prices, future demand for space on TMC’s pipeline systems, interest, tax and foreign exchange rates and expected cash flows and availability of funds. Although TMC believes the assumptions and other factors reflected in the forward-looking information are reasonable as of the date hereof, there can be no assurance that these assumptions and factors will prove to be correct and, as such, forward-looking information is not a guarantee of future performance. Forward-looking information is subject to a number of known and unknown risks and uncertainties that could cause actual events or results to differ materially, including, but not limited to: the regulatory environment and decisions, including the outcome of regulatory hearings, the available supply and price of energy commodities, TMC’s ability to successfully implement its strategic priorities, the operating performance of TMC’s pipelines and related assets, performance and credit risk of TMC’s counterparties, the geopolitical environment, actions taken by governmental or regulatory authorities, changes in laws, the occurrence of unexpected events such as fires and severe weather conditions, cyber-attacks and other accidents or similar events and adverse general economic and market conditions or other risk factors, many of which are beyond the control of TMC. The foregoing list of assumptions and risk factors should not be construed as exhaustive. The forward-looking information contained in this news release speaks only as of the date hereof. TMC does not undertake any obligation to publicly update or revise any forward-looking information contained herein, except as required by applicable laws. All forward looking information contained in this news release is expressly qualified by this cautionary statement. GAAP and Non-GAAP measures We make use of certain financial measures that do not have a standardized meaning under U.S. GAAP because we believe they improve management’s ability to evaluate our operating performance and compare results between periods. These are known as non-GAAP measures and may not be similar to measures provided by other entities. The non-GAAP measures discussed above should not be considered as an alternative to or more meaningful than revenues, net income, operating income or other U.S. GAAP measures. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization and equity AFUDC) is a non-GAAP measure we use to evaluate our operating performance and is calculated from its most directly comparable U.S. GAAP measure, operating income but excludes the impact of financing decisions, non-cash depreciation and amortization, and non-cash equity AFUDC. AFUDC (Allowance for Funds Used During Construction) is an amount recognized under U.S. GAAP by rate-regulated entities to reflect a return on the equity and debt components of capital invested in construction work in progress. About Trans Mountain Trans Mountain Corporation (together with its wholly-owned subsidiaries, “Trans Mountain”) operates Canada’s only pipeline system transporting oil products to the West Coast. Trans Mountain is a wholly owned entity of Canada TMP Finance Ltd., a subsidiary of Canada Development Investment Corporation (CDEV), the entity which holds the Government of Canada’s investment in TMC. We have nominal capacity to deliver 890,000 barrels of petroleum products each day through a pipeline system of more than 1,180 kilometres of pipeline in Alberta, British Columbia and 111 kilometres of pipeline in Washington state. Trans Mountain also operates a state-of-the-art loading facility, Westridge Marine Terminal, with three berths providing tidewater access to global markets. As a federal Crown corporation, Trans Mountain continues to build on more than 70 years of experience delivering operational and safety excellence through our crude oil pipeline system. To learn more, visit us at www.transmountain.com. CONTACT: For more information email: media@transmountain.com
Hungary's Producer Price Index Sees a Slight Uptick in April - ForexTV
In April 2025, Hungary's Producer Price Index (PPI) experienced a modest increase, rising to 7.9% compared to the same month a year earlier, according to the latest data released on May 30, 2025. This marks a slight acceleration from March 2025, when the PPI stopped at 7.3%.The year-over-year comparison indicates a continued inflationary trend in producer prices, reflecting the broader economic dynamics influencing costs within the production sector. The PPI is crucial as it often serves as a leading indicator for consumer inflation, possibly hinting at future price changes in the Hungarian market.This data points to ongoing challenges in managing inflationary pressures within Hungary's economy, as producers contend with fluctuating costs of production and commodities. As the nation navigates these economic shifts, stakeholders will be closely monitoring inflation metrics to gauge potential impacts on consumer prices and economic stability.The material has been provided by InstaForex Company - www.instaforex.com
ZETADISPLAY AB (publ) INTERIM REPORT 1 JANUARY – 31 MARCH 2025 - ForexTV
Q1 Interim report JANUARY – MARCH 2025 for ZetaDisplay AB (publ) is now available at ir.zetadisplay.com Report summary: Continued Growth and Strategic Wins Position ZetaDisplay for the Future JANUARY – MARCH 2025 Adjusted recurring revenue* increased by 9.9% to 65.4 (59.5) million Recurring revenue increased by 7.4% to 65.4 (60.9) million Adjusted net sales* increased by 26.8% to SEK 159.6 (125.9) million Net sales increased by 25.5% to SEK 159.6 (127.2) million Gross margin decreased to 56.4% (59.9 %) Adjusted gross margin* decreased to 56.4% (59.5%) Adjusted EBITDA* increased to SEK 22.0 (11.5) million * Recurring revenue for the first quarter of 2024 has been reduced by SEK 1.3 million to reflect the restructuring of our German operations, during which certain non-core activities were identified for discontinuation. CEO comment CONTINUED GROWTH AND STRENGTHENED MARKET POSITION Adjusted net sales for the quarter increased by 26.8% to SEK 159.6 (125.9) million, primarily driven by strategic acquisitions that significantly strengthened our market presence in Europe, and further supported by 7% organic growth, notably from our global accounts. Adjusted recurring revenue grew by 9.9% to SEK 65.4 (59.5) million, representing 41.0% of net sales. Adjusted EBITDA for the first quarter rose to SEK 22.0 (11.5) million, reflecting our ability to scale efficiently while maintaining sound cost control. We are honored to have been named “Outstanding Company of the Year” at the 2025 Digital Signage Awards, with Engage Suite receiving recognition for its industry innovation and impact. These honors underscore our commitment to delivering cutting-edge solutions that drive customer engagement and innovation excellence. During the quarter, we successfully completed our bond refinancing on favorable terms, reflecting the strong confidence our financial partners have in our strategic direction and financial health. We announced a significant new contract with Ruter, Oslo’s public transport authority. This five-year agreement involves modernizing digital signage across 370 transit locations, enhancing real-time passenger information and overall commuter experience, and increases our market position in the public sector. In Germany, we are making good progress in transforming our local company to embrace Zetadisplay’s Full-Service-Provider business model and are now offering our comprehensive digital signage solutions both to existing and new customers. In the UK, we have appointed a new Managing Director and are focusing on leveraging our Engage Suite platform, both by migrating key UK customers and by strengthening our value proposition to more proactively attract new customers. OUTLOOK We are encouraged by the continued evolution we see in areas such as hardware, analytics, AI, retail media and security, as well as by the positive market receptiveness to our offering. Our Full-Service-Provider business model, including our award-winning Engage Suite platform and a strong local market presence, positions us well to support our organic growth ambitions. The successful integration of Beyond Digital Solutions in the UK and our transformation into a Full-Service Provider across all markets, including Germany, enhance our capability to deliver comprehensive, international value-driven services. Looking ahead, we remain focused on driving long-term value through innovation, operational excellence, and deeper customer engagement to accelerate profitable growth. At the same time, we remain diligent in our cost and investment priorities with measures to navigate any unexpected effects from ongoing external market influences. I extend my sincere gratitude to all our employees for their dedication and to our customers for their continued trust in ZetaDisplay. Malmö, 30 May 2025 This information is information that ZetaDisplay AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Anders Olin, at 08:00 CET on 30 May 2025 - Full Q1 report attached and available at https://ir.zetadisplay.com/financial-reports - For further questions, please contact: Anders Olin, President & CEO Mobile: +46 076-101 14 88 E-Mail: anders.olin@zetadisplay.com Claes Pedersen, CFO Mobile: +45 23-68 86 58 E-Mail: claes.pedersen@zetadisplay.com ABOUT ZETADISPLAY More than 20 years of leadership and innovation in digital signage. ZetaDisplay was founded 2003 in Sweden as one of the early pioneers of digital signage. We are one of the leading European corporations in the digital signage market and a leading force in the European digital signage industry. Our proprietary software platform, digital business development and consulting services, innovative digital signage solutions, and creative concepts regularly inspire- influence and guide millions of people every day in retail environments, in restaurants, on advertising screens, in factories, on trains, on cruise ships, in stadiums, in workplaces and in all types of public spaces indoor and outdoor. ZetaDisplay is one of the largest leading European digital signage companies with direct operations in eight European countries and the US with +125,000 active installations in over 50 countries, across all major continents where we are the business partner of choice for many of the worlds most respected blue-chip brands and companies. ZetaDisplay is based in Malmö-Sweden, has a turnover of SEK +600 million and employs approx. 250 co-workers. ZetaDisplay is owned by the investment company Hanover Investors. More information at www.ir.zetadisplay.com and www.hanoverinvestors.com. Attachment ZetaDisplay AB (publ) Interim Report Q1 2025
US PCE Prices Seen Up 0.1%; Yearly Rate to Decelerate - ForexTV
The US Personal Consumption Expenditures (PCE) price index is anticipated to increase by 0.1% month-over-month in April 2025, following a stable performance in March. The core PCE index, which removes the influence of volatile food and energy prices, is likewise expected to see a 0.1% rise after remaining stagnant the previous month. Year-over-year, headline PCE inflation is forecasted to ease for the second month in a row, settling at 2.2%, the lowest rate in seven months, down from 2.3% in March. Similarly, core PCE inflation is projected to decline to 2.5%, marking its lowest point since March 2021, from the previous 2.6%. The PCE index remains the Federal Reserve’s preferred measure for gauging inflation.The material has been provided by InstaForex Company - www.instaforex.com
UP Fintech Holding Limited Reports Unaudited First Quarter 2025 Financial Results - ForexTV
SINGAPORE, May 30, 2025 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the first quarter ended March 31, 2025. Mr. Wu Tianhua, Chairman and CEO of UP Fintech stated: “The macro environment remained dynamic in the first quarter, our total revenues reached US$122.6 million, representing an increase of 55.3% year-over-year. Benefiting from our brand strength and continued investment in R&D, both our GAAP and non-GAAP net income saw impressive growth. Net income attributable to ordinary shareholders of UP Fintech was US$30.4 million, up 8.4% quarter over quarter and 146.7% year over year. Non-GAAP net income attributable to ordinary shareholders of UP Fintech reached US$36.0 million, an increase of 18.3% sequentially and 145.0% from the same period last year. In the first quarter, we added 60,900 new customers with deposits, already achieving 40% of our yearly guidance of 150,000 new customers with deposits for 2025, and bringing our total number of customers with deposits at the end of the first quarter to 1,152,900, a 23.5% increase compared to the same quarter last year. Asset inflow remained strong, we saw net asset inflow of US$3.4 billion in the first quarter, of which the majority comes from retail users, combining with a US$776 million mark to market gain, led total account balance rose by 9.9% quarter over quarter and 39.5% year over year to US$45.9 billion, setting another historic high. We also achieved notable growth in Hong Kong, the average net asset inflows of new funded clients in Hong Kong during the first quarter were above US$30,000. In the first quarter, we continued to roll out new features aimed at enhancing the user experience across our platform. In Hong Kong, we introduced additional functionality on top of its existing virtual asset trading service. Retail investors can now deposit and withdraw cryptocurrency, such as Bitcoin and Ethereum, while professional investors are also able to deposit and withdraw USDT. Additionally, Tiger Brokers Hong Kong recently launched Delivery Versus Payment (DVP) functionality, which strengthens our ability to serve institutional and high-net-worth clients. We also introduced equity repo services to further enhance our securities lending and treasury management capabilities. In addition, we remain committed to improving our Tiger AI offering based on user feedback. It now supports portfolio and watchlist analysis, allowing users to more effectively identify investment opportunities, receive risk alerts on their holdings, and access actionable strategy suggestions. In our Corporate business, we underwrote 4 Hong Kong IPOs in the first quarter, including “Chifeng Gold” and “Nanshan Aluminum”, and acted as distributor for “Mixue Group”, the largest Hong Kong IPO in the first quarter. In our ESOP business, we added 20 new clients in the first quarter, bringing the total number of ESOP clients served to 633 as of March 31, 2025.” Financial Highlights for First Quarter 2025 Total revenues were US$122.6 million, an increase of 55.3% year-over-year and a decrease of 1.2% quarter-over-quarter.Total net revenues were US$107.6 million, an increase of 67.7% year-over-year and an increase of 0.2% quarter-over-quarter.Net income attributable to ordinary shareholders of UP Fintech was US$30.4 million compared to a net income of US$12.3 million in the same quarter of last year.Non-GAAP net income attributable to ordinary shareholders of UP Fintech was US$36.0 million, compared to a non-GAAP net income of US$14.7 million in the same quarter of last year. A reconciliation of non-GAAP financial metrics to the most comparable GAAP metrics is set forth below. Operating Highlights for First Quarter 2025 Total account balance increased 39.5% year-over-year to US$45.9 billion.Total margin financing and securities lending balance increased 89.4% year-over-year to US$5.2 billion.Total number of customers with deposit increased 23.5% year-over-year to 1,152,900. Selected Operating Data for First Quarter 2025 As of and for the three months ended March 31, December 31, March 31, 2024 2024 2025In 000's Number of customer accounts 2,247.4 2,449.3 2,526.7Number of customers with deposits 933.4 1,092.0 1,152.9Number of options and futures contracts traded 10,850.3 18,926.3 20,400.7In USD millions Trading volume 85,410.6 198,016.9 217,453.6Trading volume of stocks 28,606.3 55,502.6 59,453.4Total account balance 32,872.1 41,725.2 45,861.9 First Quarter 2025 Financial Results REVENUES Total revenues were US$122.6 million, an increase of 55.3% from US$78.9 million in the same quarter of last year. Commissions were US$58.3 million, an increase of 109.8% from US$27.8 million in the same quarter of last year, due to an increase in trading volume. Financing service fees were US$2.6 million, a decrease of 9.6% from US$2.8 million in the same quarter of last year, primarily due to a decrease of the account balance of our fully disclosed account customers. Interest income was US$53.8 million, an increase of 22.7% from US$43.8 million in the same quarter of last year, primarily due to the increase in margin financing and securities lending activities of our consolidated account customers. Other revenues were US$7.9 million, an increase of 76.8% from US$4.5 million in the same quarter of last year, primarily due to an increase in currency exchange income and wealth management income. Interest expense was US$15.0 million, an increase of 1.7% from US$14.8 million in the same quarter of last year, primarily due to the increase in funding for margin financing activities. OPERATING COSTS AND EXPENSES Total operating costs and expenses were US$67.1 million, an increase of 32.1% from US$50.8 million in the same quarter of last year. Execution and clearing expenses were US$5.3 million, an increase of 139.3% from US$2.2 million in the same quarter of last year due to an increase in our trading volume. Employee compensation and benefits expenses were US$33.8 million, an increase of 21.7% from US$27.8 million in the same quarter of last year, primarily due to an increase of global headcount to support our global expansion. Occupancy, depreciation and amortization expenses were US$2.1 million, a slight increase of 0.2% from US$2.1 million in the same quarter of last year. Communication and market data expenses were US$9.8 million, an increase of 14.4% from US$8.6 million in the same quarter of last year due to increased IT-related service fees. Marketing and branding expenses were US$10.9 million, an increase of 147.5% from US$4.4 million in the same quarter of last year, primarily due to higher marketing spending this quarter. General and administrative expenses were US$5.1 million, a decrease of 9.4% from US$5.7 million in the same quarter of last year due to a decrease in professional service fees. NET INCOME attributable to ordinary shareholders of UP Fintech Net income attributable to ordinary shareholders of UP Fintech was US$30.4 million, as compared to a net income of US$12.3 million in the same quarter of last year. Net income per ADS – diluted was US$0.166, as compared to a net income per ADS – diluted of US$0.077 in the same quarter of last year. Non-GAAP net income attributable to ordinary shareholders of UP Fintech, which excludes share-based compensation, was US$36.0 million, as compared to a US$14.7 million non-GAAP net income attributable to ordinary shareholders of UP Fintech in the same quarter of last year. Non-GAAP net income per ADS – diluted was US$0.198 as compared to a non-GAAP net income per ADS – diluted of US$0.092 in the same quarter of last year. For the first quarter of 2025, the Company’s weighted average number of ADSs used in calculating non-GAAP net income per ADS – diluted was 184,472,928. As of March 31, 2025, the Company had a total of 2,649,914,037 Class A and B ordinary shares outstanding, or the equivalent of 176,660,936 ADSs. CERTAIN OTHER FINANCIAL ITEMS As of March 31, 2025, the Company's cash and cash equivalents, term deposits and long-term deposits were US$406.4 million, compared to US$396 million as of December 31, 2024. As of March 31, 2025, the allowance for doubtful accounts on receivables from customers was US$14.8 million compared to US$15.3 million as of December 31, 2024. In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”). ASU 2023-08 requires certain crypto assets to be measured at fair value separately on the balance sheet with changes reported in the statement of operations each reporting period. The Company adopted this guidance from January 1, 2025, and the Company recorded such crypto asset balance in Crypto assets held as of March 31, 2025, with a cumulative-effect adjustment of US$2.3 million to the opening balance of Retained earnings. Updates to Management and Directors Mr. Ming Liao departed from the position of Independent Director at the Company due to personal reasons, effective May 28, 2025. Mr. Liao’s departure was not the result from any disagreement with the Company. Conference Call Information: UP Fintech’s management will hold an earnings conference call at 8:00 AM on May 30, 2025, U.S. Eastern Time (8:00 PM on May 30, 2025, Singapore/Hong Kong Time). All participants wishing to attend the call must preregister online before receiving the dial-in number. Preregistration may take a few minutes to complete. Preregistration Information: Please note that all participants will need to pre-register for the conference call, using the link: https://register-conf.media-server.com/register/BId8a2d4cd09e14653b3533b8d3745dfa0 It will automatically lead to the registration page of "UP Fintech Holding Limited First Quarter 2025 Earnings Conference Call", where details for RSVP are needed. Upon registering, all participants will be provided a confirmation email with a participant dial-in number and personal PIN to access the conference call. Please dial in 10 minutes prior to the call start time using the conference access information. Additionally, a live and archived webcast of the conference call will be available at https://ir.itigerup.com Use of Non-GAAP Financial Measures In evaluating our business, we consider and use non-GAAP net income attributable to ordinary shareholders of UP Fintech and non-GAAP net income per ADS - diluted as supplemental measures to review and assess our operating performance. The presentation of the non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). We define non-GAAP net income attributable to ordinary shareholders of UP Fintech as net income attributable to ordinary shareholders of UP Fintech excluding share-based compensation. Non-GAAP net income per ADS - diluted is non-GAAP net income attributable to ordinary shareholders of UP Fintech divided by the weighted average number of diluted ADSs. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. Non-GAAP net income attributable to ordinary shareholders of UP Fintech enables our management to assess our operating results without considering the impact of share-based compensation. We also believe that the use of these non-GAAP financial measures facilitates investors' assessment of our operating performance. These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as an analytical tool. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expenses that affect our operations. Share-based compensation has been and may continue to be incurred in our business and are not reflected in the presentation of non-GAAP net income attributable to ordinary shareholders of UP Fintech. Further, these non-GAAP financial measures may differ from the non-GAAP financial information used by other companies, including peer companies, and therefore their comparability may be limited. These non-GAAP financial measures should not be considered in isolation or construed as alternatives to total operating costs and expenses, net income attributable to ordinary shareholders of UP Fintech or any other measure of performance or as an indicator of our operating performance. Investors are encouraged to review these historical non-GAAP financial measures in light of the most directly comparable GAAP measures. These non-GAAP financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting the usefulness of such measures when analyzing our data comparatively. We encourage investors and others to review our financial information in its entirety and not rely on a single financial measure. About UP Fintech Holding Limited UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit: https://ir.itigerup.com. Safe Harbor Statement This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “may,” “might,” “aim,” “likely to,” “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, the Company’s strategic and operational plans and expectations regarding growth and expansion of its business lines, and the Company’s plans for future financing of its business contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company’s revenues and certain cost or expense accounting policies; the cooperation relationships with our business partners and shareholders such as Interactive Brokers LLC and Xiaomi Corporation and its affiliates; and governmental policies and regulations affecting the Company’s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC, including the Company’s annual report on Form 20-F filed with the SEC on April 23, 2025. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company’s filings with the SEC. For investor and media inquiries please contact: Investor Relations Contact UP Fintech Holding Limited Email: ir@itiger.com UP FINTECH HOLDING LIMITEDUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(All amounts in U.S. dollars ("US$")) As of December 31, As of March 31, 2024 2025 US$ US$ Assets: Cash and cash equivalents 393,576,874 403,891,218 Cash-segregated for regulatory purpose 2,464,683,625 2,849,477,420 Term deposits 1,075,260 1,101,083 Receivables from customers (net of allowance of US$15,284,002 and US$14,790,668 as of December 31, 2024 and March 31, 2025) 1,052,972,649 1,221,616,295 Receivables from brokers, dealers, and clearing organizations 2,305,740,507 2,556,498,087 Financial instruments held, at fair value 75,547,082 177,479,943 Prepaid expenses and other current assets 17,629,819 19,529,054 Amounts due from related parties 16,720,671 13,821,867 Total current assets 6,327,946,487 7,243,414,967 Non-current assets: Long-term deposits 1,369,994 1,378,037 Right-of-use assets 10,880,673 12,736,333 Property, equipment and intangible assets, net 15,358,528 15,750,823 Crypto assets held — 3,410,986 Goodwill 2,492,668 2,492,668 Long-term investments 7,658,809 7,473,531 Equity method investment 10,203,622 10,305,433 Other non-current assets 6,828,553 8,623,671 Deferred tax assets 8,573,135 9,931,234 Total non-current assets 63,365,982 72,102,716 Total assets 6,391,312,469 7,315,517,683 Current liabilities: Payables to customers 3,574,651,125 4,333,279,026 Payables to brokers, dealers and clearing organizations: 1,914,769,701 1,975,967,952 Accrued expenses and other current liabilities 67,263,254 75,891,783 Lease liabilities-current 4,153,928 4,845,376 Amounts due to related parties 874,331 53,588,763 Total current liabilities 5,561,712,339 6,443,572,900 Convertible bonds 159,505,397 160,158,584 Lease liabilities- non-current 5,902,323 6,992,755 Deferred tax liabilities 2,068,661 2,161,995 Total liabilities 5,729,188,720 6,612,886,234 Mezzanine equity Redeemable non-controlling interest 7,177,668 5,518,571 Total Mezzanine equity 7,177,668 5,518,571 Shareholders’ equity: Class A ordinary shares 25,427 25,523 Class B ordinary shares 976 976 Additional paid-in capital 619,030,730 624,497,561 Statutory reserve 12,425,463 12,425,463 Retained earnings 37,843,547 70,712,884 Treasury stock (2,172,819) (2,172,819)Accumulated other comprehensive loss (11,919,310) (8,090,989)Total UP Fintech shareholders’ equity 655,234,014 697,398,599 Non-controlling interests (287,933) (285,721)Total equity 654,946,081 697,112,878 Total liabilities, mezzanine equity and equity 6,391,312,469 7,315,517,683 UP FINTECH HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (All amounts in U.S. dollars ("US$"), except for number of shares (or ADSs) and per share (or ADS) data) For the three months ended March 31, December 31, March 31, 2024 2024 2025 US$ US$ US$ Revenues: Commissions 27,786,218 55,964,174 58,307,151 Interest related income Financing service fees 2,832,065 2,770,419 2,560,432 Interest income 43,841,220 55,762,091 53,805,393 Other revenues 4,488,989 9,605,165 7,936,987 Total revenues 78,948,492 124,101,849 122,609,963 Interest expense (14,789,835) (16,731,341) (15,041,810)Total Net revenues 64,158,657 107,370,508 107,568,153 Operating costs and expenses: Execution and clearing (2,230,863) (6,095,132) (5,338,917)Employee compensation and benefits (27,787,218) (37,163,110) (33,805,808)Occupancy, depreciation and amortization (2,144,337) (2,137,586) (2,149,308)Communication and market data (8,561,482) (11,787,814) (9,794,869)Marketing and branding (4,390,987) (9,507,918) (10,867,048)General and administrative (5,667,137) (6,432,737) (5,136,346)Total operating costs and expenses (50,782,024) (73,124,297) (67,092,296)Other income (expense): Others, net 3,615,219 3,469,021 (1,340,064)Income before income tax 16,991,852 37,715,232 39,135,793 Income tax expenses (4,528,297) (9,488,084) (8,549,158)Net income 12,463,555 28,227,148 30,586,635 Less: net (loss) income attributable to non-controlling interests (17,914) 12,563 11,527 Accretion of redeemable non-controlling interests to redemption value (151,322) (164,328) (155,983)Net income attributable to ordinary shareholders of UP Fintech 12,330,147 28,050,257 30,419,125 Other comprehensive income (loss), net of tax: Unrealized gain on available-for-sale investments — 343,892 — Changes in cumulative foreign currency translation adjustment (4,791,040) (17,440,809) 3,826,640 Total Comprehensive income 7,672,515 11,130,231 34,413,275 Less: comprehensive (loss) income attributable to non-controlling interests (13,454) 24,226 9,845 Accretion of redeemable non-controlling interests to redemption value (151,322) (164,328) (155,983)Total Comprehensive income attributable to ordinary shareholders of UP Fintech 7,534,647 10,941,677 34,247,447 Net income per ordinary share: Basic 0.005 0.011 0.012 Diluted 0.005 0.011 0.011 Net income per ADS (1 ADS represents 15 Class A ordinary shares): Basic 0.079 0.164 0.173 Diluted 0.077 0.158 0.166 Weighted average number of ordinary shares used in calculating net income per ordinary share: Basic 2,342,468,897 2,557,911,677 2,634,972,699 Diluted 2,452,022,959 2,687,607,158 2,767,093,920 Reconciliations of Unaudited Non-GAAP Results of Operations Measures to the Nearest Comparable GAAP Measures(All amounts in U.S. dollars ("US$"), except for number of ADSs and per ADS data) For the three months ended March 31,2024 For the three months ended December 31,2024 For the three months ended March 31,2025 non-GAAP non-GAAP non-GAAP GAAP Adjustment non-GAAP GAAP Adjustment non-GAAP GAAP Adjustment non-GAAP US$ US$ US$ US$ US$ US$ US$ US$ US$ Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited 2,380,637 (1) 2,421,342 (1) 5,621,791 (1) Net income attributable to ordinary shareholders of UP Fintech 12,330,147 2,380,637 14,710,784 28,050,257 2,421,342 30,471,599 30,419,125 5,621,791 36,040,916 Net income per ADS - diluted 0.077 0.092 0.158 0.172 0.166 0.198 Weighted average number of ADSs used in calculating diluted net income per ADS 163,468,197 163,468,197 179,173,811 179,173,811 184,472,928 184,472,928 (1) Share-based compensation.
Swedish Economy Shrinks Unexpectedly - ForexTV
In the first quarter of 2025, Sweden's economy contracted by 0.2% on a quarterly basis, surprising analysts who had anticipated a 0.1% growth and matching initial stagnant estimates. This contraction marks the first downturn since the final quarter of 2023, contrasting with a previously adjusted 0.5% expansion in Q4. Contributing factors include a significant 3.8% decrease in fixed investments, particularly in constructions and infrastructure, down from a 0.7% growth in the prior quarter. Consumer spending also dipped for the first time in nearly a year, decreasing by 0.2%, compared to a 0.6% rise before, while government expenditure remained stable at 0.1%. On a positive note, net trade had a favorable impact on the GDP, with exports growing by 1.8%, outpacing the mere 0.3% increase in imports. Yearly analysis reveals the GDP grew by 0.9% in Q1, slowing from a robust 2.4% in the preceding quarter, which was the most rapid expansion since Q3 2022.The material has been provided by InstaForex Company - www.instaforex.com
Lithuania Q1 GDP Growth Revised Lower - ForexTV
In the first quarter of 2025, Lithuania's economy experienced a modest growth of 0.4% on a quarter-on-quarter basis. This was slightly below the preliminary forecasts of a 0.6% increase and marked a deceleration from the 1.0% growth observed in the preceding quarter. Analyzing the production side, the slowdown in GDP was chiefly driven by contractions in the information and communication sector, which fell by 3.2% compared to an earlier growth of 3.4%. Additionally, there was a decline in professional, scientific, and technical activities along with administrative and support services, which dropped by 1.6% following a previous rise of 1.3%. Other areas that contributed to the downturn were arts, entertainment, recreation, repair of household goods, and other services, which decreased by 1.1% from a slight gain of 0.2%.From an expenditure perspective, capital formation saw a significant slowdown, increasing by only 0.5% compared to a robust 9.1% in the prior quarter, while household consumption fell by 2.7% after seeing a 2.3% rise previously. Conversely, government spending showed a marginal increase of 0.3%, improving from a stagnant performance in the preceding quarter. On an annual basis, Lithuania's GDP grew by 3.2% in the first quarter of 2025, which is a deceleration from the 4.0% growth recorded in the previous quarter.The material has been provided by InstaForex Company - www.instaforex.com
ScreenCom BV Expands Digital Signage Ecosystem Through Strategic Merger with Blue and Red BV - ForexTV
AMSTERDAM, May 30, 2025 (GLOBE NEWSWIRE) -- ScreenCom BV, a leading provider of enterprise digital signage solutions, today announced the successful completion of its merger with Blue and Red BV, a specialist in digital signage and workspace management technology. The merger finalised on 27th May 2025, positioning the unified company as a comprehensive provider of integrated visual communication and workspace optimisation solutions. The strategic merger preserves ScreenCom Group as the brand while creating an integrated provider of both digital signage and workspace management solutions. By combining MagicINFO and Samsung VXT with TEOS and TDM technologies, ScreenCom Group now stands as the definitive single-source solution provider. “This merger represents a strategic advancement in our ability to deliver end-to-end solutions for the modern workplace,” said Bastiaan Amsing, Chief Executive Officer of ScreenCom Group. “By bringing together our complementary technologies and expertise, we can now offer clients a single source for their digital signage and workspace management requirements, driving greater efficiency and ROI across their operations.” The combined company now offers an enhanced solution suite that includes: MagicInfo Services, powered by ScreenCom Group – Comprehensive digital signage management platform using Samsung MagicINFO for enterprise-level content creation, scheduling, and device managementVXT Services, powered by ScreenCom Group – Advanced digital signage solution using Samsung VXT to deliver powerful content distribution with streamlined workflow managementTEOS Manage, powered by ScreenCom Group – All-in-one enterprise-grade workspace management solution for meeting room booking, visitor management and workspace optimisationTDM Signage, powered by ScreenCom Group – All-in-one specialised signage system designed for seamless workspace information display and integration “This merger enables us to deliver precisely that capability, with solutions that work seamlessly together to enhance workplace communication, efficiency and experience,” said Ricardo de Vries, Chief Executive Officer of Blue and Red BV, and joining in as Chief Technology Officer at ScreenCom Group. The integration delivers significant benefits to clients of both companies. Clients will experience simplified vendor management through a single trusted partner. System integration between signage and workspace platforms will be considerably enhanced. The combined organisation provides expanded technical expertise across all solutions. Innovation will accelerate through unified R&D capabilities. Support services become more efficient through a streamlined, consolidated structure. ScreenCom Group is committed to maintaining all existing client contracts and service agreements, with current account teams continuing to serve as primary points of contact during the transition. https://www.screencom.eu/merger-center for more info About ScreenCom Group ScreenCom Group, formed through the strategic merger of ScreenCom BV with Blue and Red BV, is now the largest digital signage company in the Benelux region. This integration combines ScreenCom's strengths in marketing, sales and consultancy with Blue and Red's expertise in development and support, resulting in a comprehensive service portfolio. As a leading provider of enterprise digital signage and workspace management solutions, ScreenCom Group helps organisations optimise their communication and workplace environments across all sectors. Media Contact: Ameera Surekha-GroenHead of MarketingScreenCom GroupTel: +31 (0)85 273 64 28Email: ameera@screencom.eu A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/76f5ea47-165f-4e2f-b4ca-63bfb7fd1938
Hepsor begins development of a business center in Rae municipality - ForexTV
Hepsor AS subsidiary, Hepsor VT49 OÜ, has signed long-term lease agreements with Maxima Eesti OÜ and GYM Eesti OÜ and is set to begin the development of a new business center at Vana-Tartu Road 49, Rae municipality. The planned two-story business center will have a total leasable area of 3,500 m². A Maxima store is planned for the ground floor, while a GYM fitness club will occupy the second floor. The signed lease agreements cover 88% of the total planned rental space. We are starting the design phase of the building, with construction expected to begin in 2026. The opening of the building is planned for the summer of 2027. Henri Laks Member of the Management Board Phone: +372 5693 9114 e-mail: henri@hepsor.ee Hepsor AS (www.hepsor.ee) is a developer of residential and commercial real estate. The Group operates in Estonia, Latvia and Canada. In fourteen years of operation, we have created 2 076 homes and nearly 36 300 m2 of commercial space. Hepsor is the first developer in the Baltic States to implement a number of innovative engineering solutions that will make the buildings it builds more energy efficient and thus more environmentally friendly. The company has a portfolio of 25 development projects with a total area of 172 800 m2.
Oma Savings Bank Plc - Managers' transactions - Pykäri - ForexTV
OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 21 MAY 2025 AT 15.00. P.M. EET, MANAGERS’ TRANSACTIONS Oma Savings Bank Plc - Managers' transactions - Pykäri____________________________________________ Person subject to the notification requirementName: Pykäri, PekkaPosition: Other senior managerIssuer: Oma Savings Bank PlcLEI: 743700LE1ECAPXC5UT18 Notification type: INITIAL NOTIFICATIONReference number: 743700LE1ECAPXC5UT18_20250527134104_53____________________________________________ Transaction date: 2025-05-28Venue not applicableInstrument type: SHAREISIN: FI4000306733Nature of the transaction: SUBSCRIPTION Transaction details(1): Volume: 179 Unit price: 7.5129 EUR Aggregated transactions(1): Volume: 179 Volume weighted average price: 7.5129 EUR Oma Savings Bank Plc Additional information:Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi DISTRIBUTION: Nasdaq Helsinki LtdMajor mediawww.omasp.fi OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.
Australian Shares Rise Amid Weak Economic Data - ForexTV
The S&P/ASX 200 Index experienced a modest increase of 0.3%, closing at 8,435 on Friday, as early losses were offset by gains. This shift occurred after lackluster economic data bolstered expectations for sustained monetary policy easing from the Reserve Bank of Australia. Retail sales recorded an unexpected 0.1% decrease in April compared to the previous month, contrasting with the anticipated 0.3% rise and overturning the growth seen in the prior month. Furthermore, there was a sharper-than-expected decline in building permits, heightening apprehensions of a slowdown in the domestic economy. Investors continued to exercise caution amidst intensifying global trade tensions. Notably, a US appeals court reinstated President Donald Trump's reciprocal tariffs, countering an earlier federal court ruling. Meanwhile, US-China trade negotiations remained in deadlock, as stated by Treasury Secretary Scott Bessent. On the corporate side, substantial gains were observed in companies such as Commonwealth Bank (up 1.1%), Northern Star Resources (up 2.7%), and Treasury Wine Estates (up 4%). Over the course of the week, the ASX 200 rose by 0.88%, marking the index's sixth gain in the past seven weeks.The material has been provided by InstaForex Company - www.instaforex.com