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Philips to Repurchase Shares for Up to EUR 125 Million to Cover Long-term Incentive Plans

Philips to Repurchase Shares for Up to EUR 125 Million to Cover Long-term Incentive Plans

August 5, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase shares for an amount of up to EUR 125 million to cover certain of its obligations arising from its long-term incentive plans. At the current share price, this represents a total of approximately 4.8 million shares. The repurchases [...]

The World’s First International Drone Competition: Khanh Hoa Province Set Historic Guinness Records, UAE Emerged Victorious

The World’s First International Drone Competition: Khanh Hoa Province Set Historic Guinness Records, UAE Emerged Victorious

NHA TRANG, Vietnam, Aug. 05, 2024 (Korea Bizwire) – The Ever Glamour Nha Trang (EGN) 2024 festival concluded on August 3 with a dazzling display of drone light performances. After two nights of competition, the UAE team was announced as the champion, while the Korean, French, and Chinese teams won the awards for Best Technical [...]

BASF Catalysts India Private Limited Inaugurates a New RD&A Lab for Automotive Emissions Control Solutions

BASF Catalysts India Private Limited Inaugurates a New RD&A Lab for Automotive Emissions Control Solutions

CHENNAI, India, Aug. 5 (Korea Bizwire) — BASF Catalysts India Private Limited (BCIL), a subsidiary of BASF Environmental Catalyst and Metal Solutions (ECMS), has inaugurated a new Research, Development and Application (RD&A) lab at its site in Mahindra World City, Tamil Nadu, Chennai. The strategic investment is focused on the development of emissions control catalysts [...]

Yacht Club de Monaco: Yachting Masterclass at La Belle Classe Academy

Yacht Club de Monaco: Yachting Masterclass at La Belle Classe Academy

TURIN, Italy, Aug. 02, 2024 (Korea Bizwire) – An intensive course to learn all about superyacht professions. It is the ‘Yachting Masterclass’ held at Yacht Club de Monaco’s La Belle Classe Academy training center. On Saturday 27th July, 25 participants in the Yachting Masterclass programme graduated at the Yacht Club de Monaco after three full-on [...]

Esports World Cup Draws Unprecedented Viewership, Sellout Crowds Through First Half of Inaugural Event

Esports World Cup Draws Unprecedented Viewership, Sellout Crowds Through First Half of Inaugural Event

Competition Tops 177 Million Hours Watched as More Than 1 Million Visitors Take in World’s Largest Esports and Gaming Festival in Riyadh Riyadh, Saudi Arabia, Aug. 02, 2024 (Korea Bizwire) – Tournaments featuring Mobile Legends: Bang Bang, League of Legends, Dota 2 and more set 2024 viewership highs as $16.5 million is awarded across nine [...]

Wassana Production Restart

Wassana Production Restart

SINGAPORE, Aug. 02, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the planned restart of production operations at the Wassana field, offshore Gulf of Thailand. Valeura implemented a precautionary suspension of oil production on June 28, 2024 to ensure a safe situation while inspecting an anomaly [...]

Belgium Ignites Global Debate by Changing Gambling Age, Highlighting Huge Regulatory Gaps

Belgium Ignites Global Debate by Changing Gambling Age, Highlighting Huge Regulatory Gaps

WATERFORD, Ireland, Aug. 02, 2024 (Korea Bizwire) – Belgium has ignited a global debate by raising its legal gambling age from 18 to 21, citing concerns over gambling addiction. The move sets Belgium apart from other EU countries like Sweden, Germany, Finland, and Austria, where the legal gambling age is 18. Miranda Raaff, Head of [...]

Zymeworks Announces Share Repurchase Program of up to $60 Million of its Common Stock

Zymeworks Announces Share Repurchase Program of up to $60 Million of its Common Stock

Zymeworks intends to commence the Share Repurchase Program with $30.0 million in initial repurchases anticipated to begin promptly and continue during the second half of 2024 VANCOUVER, British Columbia, Aug. 1 (Korea Bizwire) — Zymeworks Inc. (Nasdaq: ZYME) (the “Company”), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the [...]

SiriusPoint Reports Seventh Consecutive Quarter of Underwriting Profits And Strong Net Income at $109.9m

SiriusPoint Reports Seventh Consecutive Quarter of Underwriting Profits And Strong Net Income at $109.9m

HAMILTON, Bermuda, Aug. 1 (Korea Bizwire) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its second quarter ended June 30, 2024 Half year core combined ratio of 92.5%, or 92.8% ex. LPT, representing a 1.0 point improvement versus prior year Strong growth in the quarter of 22% on gross written premiums [...]

WillScot Reports Second Quarter 2024 Results

WillScot Reports Second Quarter 2024 Results

Delivered 44% Adjusted EBITDA Margin and 20% Free Cash Flow Margin and On Track for Record Financial Year PHOENIX, Aug. 1 (Korea Bizwire) — WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced second quarter 2024 results and provided an update on operations and the [...]