German carmaker Audi <NSUG.DE> and utility EnBW <EBKG.DE> are setting up an electric car battery operation at EnBW's Heilbronn plant to build scaleable storage facilities by the end of this year, drawing on retired batteries to help power grids. Electric vehicle battery recycling and reuse has become a priority for car and battery makers while renewable energy companies face the problem of how to absorb surpluses of wind and solar power to avoid waste and disruption to the stability of grids, slowing the transition to purely carbon-free energy systems. Alexander Kupfer, project head of circular economy at Audi and in charge of his firm's activities at the site, said the cooperation was part of Audi's recycling commitments.
ResearchAndMarkets.com published a new article on the entertainment industry "Movie Theaters Make Plans to Reopen Since the Outbreak of COVID-19"
Ciena (NYSE: CIEN) is not a household name in the technology space, but that hasn't prevented the stock from outperforming the broader sector in 2020 thanks to the business it is in. While COVID-19 has put the brakes on many businesses, Ciena has been sailing through nicely as it deals in networking hardware, software, and services. Let's take a closer look at Ciena's business and find out why it could remain a top growth stock amid the uncertainty.
Middlefield Canadian Income PCC Net Asset Value Middlefield Canadian Income PCC Middlefield Canadian Income - GBP PC (a protected cell company incorporated in.
(Bloomberg) -- European stocks dropped with U.S. futures on Friday as investors mulled reported conflict among policy makers over a stimulus package for the single-currency region, and political upheaval in France.The Stoxx 600 Index turned lower after Bloomberg News reported the European Central Bank is facing a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries such as Italy. The euro slipped as French President Emmanuel Macron named a new prime minister after asking his government to resign.Contracts on the main U.S. stock gauges drifted lower after fluctuating earlier in the session. American cash equity and bond markets are shut Friday for Independence Day. The dollar was steady, though still headed for its first weekly drop in a month. Gold drifted just below $1,800 an ounce.The friction at the ECB highlights the risk to markets should promised stimulus measures fall short. Investors continue to weigh policy support and upbeat economic data against relentless new outbreaks of the virus. U.S. payrolls figures Thursday fueled optimism of a V-shaped recovery in the world’s biggest economy, even as Florida reported that infections and hospitalizations jumped the most yet, and Houston had a surge in intensive-care patients.“There’s still a general positive sentiment about how quickly we’re seeing the recovery,” said Chris Gaffney, president of world markets at TIAA Bank. “But we do think you’re going to see the recovery level off, especially if we continue to see higher case numbers on the virus.”Elsewhere, crude oil dipped but remained on track for a weekly gain.These are some of the main moves in markets:StocksFutures on the S&P 500 Index decreased 0.4% as of 2:10 p.m. London time.The Stoxx Europe 600 Index declined 0.6%.The MSCI Asia Pacific Index rose 0.9%.The MSCI Emerging Market Index gained 0.9%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.The euro fell 0.1% to $1.1228.The British pound sank 0.1% to $1.2455.The onshore yuan was unchanged at 7.066 per dollar.The Japanese yen was little changed at 107.51 per dollar.BondsGermany’s 10-year yield sank one basis point to -0.44%.Britain’s 10-year yield declined less than one basis point to 0.184%.Japan’s 10-year yield fell one basis point to 0.028%.CommoditiesWest Texas Intermediate crude declined 1.3% to $40.13 a barrel.Brent crude dipped 1.2% to $42.61 a barrel.Gold was little changed at $1,775.65 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Infiniti Research Announces its Success with Market Intelligence Solutions for a US Semiconductor Industry Client
Switzerland's InCore Bank has enabled fiat on-ramps for crypto exchange Kraken's European clients.The post Swiss bank InCore powers fiat on-ramps for Kraken's European clients appeared first on The Block.
During their conversation for Variety's Actors on Actors issue, Daniel Levy ("Schitt's Creek") and Kieran Culkin ("Succession") talked about their respective shows' examinations of wealth, and how their characters would fare in quarantine. They also talked about Culkin's child actor past, and the prodigious talents of "Schitt's Creek's" Catherine O'Hara, whom Culkin told Levy made had […]
It was just reported that the H1N1 Swine Flu which caused pandemics in 1918 and 2009 may soon return. But this time should be different.
Inno Lifecare, the new PPE division of Inno Foods Inc., passed the ASTM Level 1 test for their masks that will immediately be both produced and available in Canada . PORT COQUITLAM, BC , July 3, 2020 /CNW/ - Inno Lifecare, the PPE division of Inno Foods, a global confectionery producer and distributer, is pleased to announce that their new line of protective masks have passed the ASTM Level 1 test. ASTM International is an international standards organization that sets the preferred international standard in healthcare for best practices inclusive of testing and requirements for performance of materials.
A concerning fallout from the March COVID-19 shutdown has been the disastrous drop in cancer screenings. This worrisome discovery is according to a study in May by Epic Health Research Network. A review of data from 39 health systems from 190 hospitals in 23 states, found alarming statistics: prostate specific antigen (PSA) screenings for detecting prostate cancer fell by 60 percent.
Calgary, Alberta--(Newsfile Corp. - July 3, 2020) - Hemostemix Inc. (TSXV: HEM) (OTC: HMTXF) ("Hemostemix" or the "Company") is pleased to announce on June 29, 2020, it filed a Verified Complaint and, on July 2, 2020, Motions for a Preliminary Injunction and Expedited Scheduling seeking to compel the immediate return of all clinical trial data from Defendant Accudata Solutions, Inc. ("Accudata") and enjoining Accudata from continuing to divulge and disclose such highly sensitive and ...
The "Polyquaternium-10 Market Insights 2020, Analysis and Forecast Global and Chinese Market to 2025, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering.
The coronavirus stock market rally had a strong week despite Thursday's fade. Teladoc lead new breakouts. What's next for Tesla after a blowout week?
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Clinical Nutrition Market Report. The global clinical nutrition market reached $51 billion in 2019 is expected to grow at a CAGR of 8% during the forecast period. A high incidence of malnutrition among hospitalized patients, especially in APAC, is driving the demand for clinical nutrition, which is considered as the most effective solution for patients to reduce the mortality rate.
ResearchAndMarkets.com published a new article on the renewable energy industry "COVID-19 Has Resulted in the Construction of Fewer New Wind Farms, Solar Panels and Other Facilities to Produce Renewable Energy"
Every investor in Acacia Research Corporation (NASDAQ:ACTG) should be aware of the most powerful shareholder groups...
(Bloomberg) -- A pair of Indian lawsuits allege Wirecard AG’s former Chief Operating Officer played a central role in deals that were later mired in disputes over valuations and unpaid fees.In one of the civil cases, the previous owners of Indian payments company Hermes I-Tickets Private Ltc., are suing former COO Jan Marsalek alongside Wirecard over allegations it made false claims about how much it paid to them at the time. The suit alleges Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund called Emerging Market Investment Fund in 2015.The second case, for unpaid consultancy fees, is against the Mauritian fund EMIF, which acquired a majority stake in Indian travel firm Goomo Orbit and alleges Marsalek played a central role in negotiating that deal.A lawyer for Marsalek based in Munich declined to comment on the cases or discuss his client. A Wirecard spokesperson declined to comment. Meanwhile Marsalek’s whereabouts are unknown. Authorities in the Philippines say he may have passed through the country before boarding a flight to China on June 24. However, they are also investigating whether immigration documents showing he entered the Philippines were fake, Dow Jones reported on Friday.Wirecard was tipped into a full-blown accounting scandal and filed for insolvency with a German court after disclosing last month that 1.9 billion euros ($2.1 billion) were missing from its balance sheet.The lawsuits offer a glimpse into the complexity of the task facing investigators trying to decipher the finances of a company with divisions and interests across the globe, and establish what role senior management figures played in the events leading up to Wirecard’s insolvency. Wirecard is also under scrutiny by authorities in jurisdictions including Singapore, Germany and the U.K. Meanwhile, Mauritius authorities have started investigating a possible round-tripping case linked to Wirecard, according to a statement by regulators on Wednesday.Read more: Wirecard’s Wild Week Finally Ends in Insolvency FilingThe civil cases describe Marsalek as linked to EMIF and allege that the executive was directly involved in negotiations ahead of transactions that have since been questioned by analysts over their opacity and discrepancy of valuations.Marsalek, was fired in June after Wirecard disclosed about four fifths of its net cash was missing from its balance sheet. There’s no suggestion of any personal responsibility for the shortfall on Marsalek’s part.Deal MeetingsEMIF bought Indian travel firm Goomo Orbit in 2015 and its founder Rupen Vikamsey is suing the fund for an advisory fee he says he’s owed for his work after the deal. Marsalek was involved in negotiations between Orbit and EMIF, the lawsuit alleges.Wirecard has previously said it had no involvement in EMIF until it later bought assets from the fund. Wirecard has never had any direct or indirect relationship with the fund other than negotiating the deal to acquire assets from EMIF, the company said in response to questions raised by online portal the Foundation for Financial Journalism about the Hermes deal.Vikamsey filed a mediation application in Mumbai in March - a step required in commercial cases before they can be seen by a court - reiterating the claim that he’s owed advisory fees from the EMIF deal.“I always felt like I was negotiating with Wirecard,” Vikamsey said in a phone interview with Bloomberg News.The suit -- which is pending before a High Court in Mumbai -- alleges that Vikamsey and his partner Balasundaram Kumar were not compensated by EMIF for an “advisory services fee” which made the deal financially lucrative and was ultimately the determining factor for them to sell most of Goomo Orbit to the fund.Since Marsalek’s exit from Wirecard, Vikamsey filed an additional document to the court stating that EMIF was acting as an intermediary for Wirecard to acquire Indian companies. Vikamsey and his partner are not suing Wirecard.That case follows the suit filed last year in Chennai, India against Wirecard, Marsalek, EMIF and three other defendants that’s centered on a dispute over how much Wirecard paid for Hermes I-Tickets Private Ltd. in a 2015 deal.Wirecard said in public disclosures it paid more than $300 million for Hermes and invested in a smaller unit. The case was brought by Hermes’s former owners at GI Retail who allege they sold the company for a fraction of the price to EMIF weeks before the Wirecard deal.The Chennai case alleges Marsalek took part in exchanges that initiated the sale of Hermes to EMIF.GI Retail’s owners, brothers Ramu and Palaniyapan Ramasamy, were themselves sued in London over the deal by Hermes’s minority shareholders. They said they were compensated based on a purchase price of $40 million and should be paid using the higher valuation. Judges are currently debating whether the case should be heard in Chennai.Read More: Wirecard Faces Questions in Indian Suit Over Unit PurchaseMarsalek, meanwhile, remains out of sight. Philippines Justice Secretary Menardo Guevarra told Bloomberg News he may have passed through the country last week and government immigration databases show he arrived in Manila on June 23 before departing for China the next day. A Dow Jones report on Friday said Philippine authorities are investigating whether the records were faked, citing comments from a spokesman and undersecretary for the Philippines Department of Justice.(Updates to add Dow Jones report on Philippines probe into immigration records in fourth and final paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Square's (NYSE: SQ) Cash App is worth between $27 billion and $30 billion in enterprise value, according to an estimate from MoffettNathanson analyst Lisa Ellis. Cash App's user base is growing rapidly, and Square is monetizing its users extremely well. The company said it was on pace to generate $30 per year on average from its 24 million Cash App in December.
Dublin, July 03, 2020 -- The "Plumbing Fittings and Fixtures - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering..
Today the national food safety law firm of Ron Simon & Associates, along with local counsel the Hammer Law Firm, P.L.C., filed the first cyclospora lawsuit in Iowa against Fresh Express and Hy-Vee stemming from cyclospora-contaminated bagged-salad mix that has sickened more than 200 across the Midwestern United States. Nearly a fourth of the victims are Iowa residents.
New York, July 03, 2020 -- Reportlinker.com announces the release of the report "United States AI in Fashion Market By Component, By Deployment Mode, By Category, By.
UniFirst Corporation (NYSE:UNF) came out with its quarterly results last week, and we wanted to see how the business...