World Business Archives | Page 8 of 646 | Be Korea-savvy

Archive by category World Business

ETC Announces Completion of Sales-Leaseback Transaction Generating $4.0 million in Working Capital

ETC Announces Completion of Sales-Leaseback Transaction Generating $4.0 million in Working Capital

SOUTHAMPTON, Pa., Nov. 27, 2024 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that on November 26, 2024, the Company closed a transaction for the sale and lease back of demonstration equipment located in Southampton, Pennsylvania. Under the terms of the agreement the assets were sold for $4,000,000. In connection with [...]

VCI Global Receives Conditional Letter of Award for US$24 Million AI Contract

VCI Global Receives Conditional Letter of Award for US$24 Million AI Contract

KUALA LUMPUR, Malaysia, Nov. 27, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), through its subsidiary, V-Gallant Sdn. Bhd. (“V-Gallant”), is pleased to announce that it has received a conditional Letter of Award valued at approximately US$24 million from Hexatoff Group Sdn. Bhd. (“Hexatoff Group”) for its proposed data [...]

Valeura Energy Inc.: Jasmine Development Drilling Update

Valeura Energy Inc.: Jasmine Development Drilling Update

SINGAPORE, Nov. 27, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.  Dr. Sean Guest, President and CEO commented: “I am very pleased with [...]

VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule

VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule

KUALA LUMPUR, Malaysia, Nov. 26, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, today announced that it has received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company [...]

EMGA secures US$210M from EIB for Brazil’s BTG Pactual

EMGA secures US$210M from EIB for Brazil’s BTG Pactual

LONDON, Nov. 25, 2024 (Korea Bizwire) – Emerging Markets Global Advisory Limited (EMGA) announces today they have secured US210M debt finance for their long-standing Brazil based client; BTG Pactual. The US$210 million debt facility was provided by EIB and the follows on from previous facilities arranged by EMGA. Sajeev Chakkalakal, Managing Director and Head of [...]

Constellation Brands to Present at the 2024 Morgan Stanley Global Consumer and Retail Conference on December 3, 2024

Constellation Brands to Present at the 2024 Morgan Stanley Global Consumer and Retail Conference on December 3, 2024

ROCHESTER, N.Y., Nov. 25, 2024 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2024 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 3, 2024 in New York, NY. The [...]

Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806

Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806

Vessels represent a unique opportunity to acquire versatile, robust assets suitable for a range of maritime applications Sydney, Nov. 24 (Korea Bizwire) – Gordon Brothers, the global asset experts, is offering for sale by private treaty two commercial vessels, the A.M.S. Swissco and A.M.S. 1806, presenting a unique opportunity for buyers seeking versatile, robust assets suitable [...]

General Fusion confirms significant fusion neutron yield and plasma stability during MTF compression experiment series with new peer-reviewed publication

General Fusion confirms significant fusion neutron yield and plasma stability during MTF compression experiment series with new peer-reviewed publication

Scientific results demonstrate the company’s achievements in creating fusion through MTF, providing foundation for its LM26 fusion demonstration, which will begin compressing large-scale plasmas in early 2025 to achieve transformative milestones RICHMOND, British Columbia, Nov. 22, 2024 (Korea Bizwire) – General Fusion has published peer-reviewed scientific results confirming world-first achievements in plasma compression using its [...]

Newpoint Reinsurance Receives Formal Apology and Retraction from The Insurer

Newpoint Reinsurance Receives Formal Apology and Retraction from The Insurer

LONDON, Nov. 22, 2024 (Korea Bizwire) – Newpoint Reinsurance Company Limited (“NPRE”) acknowledges the retraction of an article and formal apology issued yesterday by The Insurer, a publication managed by Reuters News & Media Limited. The now-retracted article, originally published on September 9, 2024, has been withdrawn following a comprehensive review. The Insurer has issued the following apology, [...]

Fitch Ratings confirms Iveco Group Long-Term Issuer Default Rating at ‘BBB-’ with a stable outlook

Fitch Ratings confirms Iveco Group Long-Term Issuer Default Rating at ‘BBB-’ with a stable outlook

Turin, 22nd November 2024. Iveco Group N.V. (EXM: IVG) announces that on 22nd November 2024 Fitch Ratings confirmed Iveco Group a Long-Term Issuer Default Rating (IDR) of ‘BBB-’. The outlook is stable. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight [...]