This LEGO master makes insanely cool mechanical models completely out of LEGOs
This LEGO master makes insanely cool mechanical models completely out of LEGOs
Global shares on Wednesday hit record highs and were on course for their best month ever, with investors cheering the prospect of a smooth handover of power after the U.S. presidential election and confident COVID-19 vaccines would soon be ready. President-elect Joe Biden on Tuesday introduced his foreign policy and national security team, after President Donald Trump cleared the way to prepare for the start of his administration. Reports that Biden planned to nominate former Federal Reserve Chair Janet Yellen as Treasury Secretary, potentially easing the passage of a fiscal-stimulus package to counter COVID-19 damage, also cheered markets.
The Swiss government says up to 3,500 migrants from Britain will be given permits to live and work in the Alpine nation next year, when Britain's post-Brexit transition with the European Union expires. Britain's departure from the EU means that it isn't covered by Switzerland's freedom of movement agreements with the 27-nation bloc. The Swiss government said Wednesday up to 2,100 British citizens will receive long-term residency permits.
Thanksgiving looks different from what we expected this year. But there is nothing more important, or more rewarding, than remembering to give thanks.
Vireo Health International, Inc. ("Vireo" or the "Company") (CNSX: VREO; OTCQX: VREOF), the science-focused, multi-state cannabis company with active operations in exclusively medical-only markets and licenses in six states and the Commonwealth of Puerto Rico, today reported financial results for its third quarter ended September 30, 2020. All currency figures referenced in this press release reflect U.S. dollar amounts.
DeFiner.org, the decentralized finance (DeFi) network for crypto savings, loans, and payments, has today launched Taurus, its crypto savings product, with $2m already locked into saving accounts. Taurus, which launches to today as a web application, allows customers to instantly deposit assets to accrue interest at a floating market rate, with savings currently earning an average interest of 20-30% APR.
Geek+, a global AMR leader, is pleased to announce that Catch.com.au, one of Australia's leading online retailers, will adopt more than 100 robots through its global integrating partner Körber, bringing new opportunities for the e-commerce marketplace in Australia and New Zealand.
Cubic Corporation (NYSE:CUB) today announced its Cubic Mission and Performance Solutions (CMPS) business division’s Simplified, Planning, Execution, Analysis, Reconstruction (SPEAR) software suite was successfully operational at the Checkered Flag 21-1 exercise. Revolutionizing the world’s most complex and advanced Air-to-Air exercise, SPEAR is Cubic’s follow-on solution to its Individual Combat Aircrew Display System (ICADS), that has been the combat air forces’ live monitor and debrief system for two decades.
For the second time in as many generations, new laptops are leapfrogging last year’s models with snappy performance and better battery life.
Cyclone Nivar is due to make landfall along the south-eastern coast shortly after midnight.
On the afternoon of November 23, 2020, China-Singapore (Chongqing) Connectivity Initiative Financial Summit 2020 (CCIFS) kicked off in Chongqing and Singapore. On the theme of "Enhancing Financial Connectivity, Contributing to and Sharing Benefits of the CCI-ILSTC", the summit provided both online and offline platforms for nearly 200 financial elites from China, Singapore and ASEAN countries to share their insights into cross-border financial cooperation, green finance, financial technology, digital economy, and the outlook on the cooperation among countries in East Asia on market opening-up, digital economy development, financial connectivity enhancement, and response to climate change.
The Michelin three-star chef gets down to basics. Thanksgiving basics.
Today, the CEOs of Canada's eight leading pension plan investment managers, representing approximately $1.6 trillion in assets under management, are joining forces to help shape a future defined by more sustainable and inclusive economic growth.
(Expressed in United States dollars except where otherwise indicated) MONTREAL, Nov. 25, 2020 (GLOBE NEWSWIRE) -- (TSXV: GMN) GobiMin Inc. (“GobiMin” or the “Company”, together with its subsidiaries collectively the “Group”) reports its financial and operating results for the third quarter of 2020. The unaudited condensed interim financial statements along with quarterly highlights of management’s discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com).Financial Highlights 3 months ended September 30 12 months ended 2020 2019 December 31, 2019 $$$ Revenue0.3 million0.4 million1.3 million Gain on disposal of financial assets0.1 million0.5 million0.6 million Fair value gain on financial assets55,00025,0000.9 million Net (loss)/profit for the period/year(0.4 million)46,000(0.5 million) (Loss)/Profit attributable to shareholders of the Company(0.2 million)0.1 million(0.3 million) (LBITDA)/EBITDA (1)(0.3 million)11,000(0.6 million) Basic and diluted (loss)/earnings per share(0.005)0.001(0.007) (LBITDA)/EBITDA per share (1)(0.006)0.0002(0.013) Cash and cash equivalents18.3 million21.4 million17.8 million Cash and cash equivalents per share (1)0.370.430.36 Working capital21.5 million23.8 million21.3 million Total current liabilities2.4 million2.3 million2.5 million Total non-current financial liabilities-0.4 million0.4 million Total assets74.5 million76.0 million76.0 million Note: (1) As non-IFRS measurements, (LBITDA)/EBITDA ((loss)/earnings before interest income and expense, income taxes, depreciation and amortisation), (LBITDA)/EBITDA per share and Cash and cash equivalents per share do not comply with IFRS and, therefore, the amounts presented in the above table may not be comparable to similar data presented by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.Business Summary and Development 1. COVID-19 Pandemic Impacts During the reporting period under review, the COVID-19 pandemic is raising uncertainty about the global supply chains and how quickly things will return to normal. Although data indicated that the global economy should produce a rebound in the third quarter and poised to begin a recovery, the latest lockdowns showed that the recovery was slowing markedly, which could exacerbate medium-term economic scarring. To date there have been significant wide-spread stock market fluctuations. The Company has been monitoring the potential impact of COVID-19 pandemic on our operations since mid-February 2020. COVID-19 is threatening the supply chains and logistics setup of the Group, thus causing unprecedented impact on our normal business activities. The Group’s operations may be adversely affected by unstable employment if great portions of our workforce, especially technical workers, are confined to their homes by government order or cannot return to workplace by restrictions on travel. As at September 30, 2020, the management had assessed the credit risk of the loan receivable and the fair market value of the investment properties with reference to the recent market prices for similar properties in the same locations and similar conditions. Based on the assessment, an impairment loss of $0.2 million on investment properties located in China was recognized during the period. Save for this, the management determined that its general operation of business working capital and the value of the Company’s assets were not materially impacted. A realistic view of mastering the crisis is keeping healthy cash position and implementing cautious cash management. Thus, we have developed treasury strategies including but not limited to suspension of dividend distribution, strengthening cost control measures and salary reduction programme. Meanwhile, the Company continues to work on timely adjustment on investment plans in light of the current conditions and will explore opportunities in a proactive manner. As uncertainties from the outbreak are likely to persist, the management will actively seek out the most up-to-date market information and formulate various plans for each scenario in the context of business continuity. 2. Gold Project in Xinjiang The Company owns a 70% equity interest in Xinjiang Tongyuan Minerals Limited which holds the Sawayaerdun Gold Project (the “Gold Project”) in Xinjiang. The exploration licence has an expiry date on August 22, 2021. The mining licence was expired on December 23, 2019 and renewal application had been accepted by the related departments. Due to the outbreak of COVID-19 in Xinjiang in July 2020, approval process of mining licence renewal by the Department of Land and Resources was further impacted. Comments on the land rehabilitation report has been received from the Department of Land and Resources of Xinjiang in November 2020 and the revised report will be submitted by the end of 2020. It is expected that our renewal application will be processed after determination of reserve by the Department of Land and Resources as well as payment for the related fee based on the assessed reserve. However, due to work piled up during the lockdown, it may take longer time to proceed our application. The on-site industrial test on applying bio-tech methodology on extraction of metals from large-scale samples of gold ores was in pre-oxidation stage. Attributable to the two waves of COVID-19 in Xinjiang in July and October 2020, the test has been adversely affected by the lockdown and travel restrictions. Suspension of public services of the local government from July to September 2020 delayed the approval process for our sulfuric acid procurement application. In virtue of the acid shortage, we adjusted the spray time and suspend the spray of oxidized ores to ensure pre-oxidation of the ore heap. Alkali tablets cannot be transported to the test site on time due to lockdown measures, resulting in the delay of neutralization work to the next spring. In consideration of the long delivery time of samples to the Institute in Beijing, we engaged a local analysis centre to conduct sample analysis work. According to their analysis results, iron and arsenic in the ore heap has been gradually separated out. More samples were delivered for comprehensive analysis to the Institute in October. We will have a better knowledge of the development and effect of the pre-oxidation test after receiving the results. For the period ended September 30, 2020, there was addition of $0.1 million in the exploration and evaluation assets and the Group had a contractual commitment of $1.6 million for the future development of the Gold Project. 3. Financial Assets (i) Listed Securities As at September 30, 2020, the fair value of listed securities held by the Group amounted to $0.2 million (December 31, 2019: $0.1 million) which mainly included $0.1 million (December 31, 2019: $11,000) investment in listed stock, futures and options trading through registered brokerage firms in Hong Kong and $0.1 million (December 31, 2019: $0.1 million) for a stock listed in Canada. For the nine months ended September 30, 2020, the gain on disposal of listed securities amounted to $0.2 million (Q3 2019: $0.5 million) and fair value loss was $0.1 million (Q3 2019: gain of $0.9 million). (ii) Unlisted Investments The Group holds 670,000 shares of Dragon Silver Holdings Limited (“Dragon Silver”) representing 9.90% of its total issued capital at an investment cost of $1.1 million (HK$8,710,000). Dragon Silver is a Hong Kong based company mainly engaged in trading, production, processing and investment in precious metals and non-ferrous metals and related products. Pursuant to the subscription agreement dated December 29, 2017, the guarantor of the agreement irrevocably guaranteed to the Group that the amount of dividends declared and paid by Dragon Silver during each of the financial years ending from June 30, 2018 to 2022 shall not be less than $0.16 (HK$1.25) per share (“Dividend Guarantee”). If the dividend per share declared and paid by Dragon Silver is less than the Dividend Guarantee, the guarantor shall compensate the Group the sum being calculated as the shortfall (“Dividend Compensation Amount”). As at September 30, 2020, Dragon Silver has not declared and paid any dividend to the Group. In October 2020, the guarantor paid to the Group the Dividend Compensation Amount for the financial year ended 30 June 2020 of $0.1 million. The carrying value of the investment together with the Dividend Guarantee, the related profit guarantee and put option as at September 30, 2020 was $1.4 million (December 31, 2019: $1.4 million). As at September 30, 2020, other unlisted investments held by the Group amounted to $0.2 million (December 31, 2019: $0.2 million). During the period under review, the fair value gain on other unlisted investments was $10,000 (Q3 2019: $1,000). (iii) Debentures and Certificate of Deposit The Group would hold debentures and certificate of deposit bearing low risks and reasonable interest return from various industries through the open market. Debentures are held to receive coupon interest payments as well as to realize potential gains. The Group may dispose of debentures through the open market when the Group requires funds for operational or other investment needs. As at September 30, 2020, the Group held debentures of $3.1 million (December 31, 2019: $4.6 million) with coupon rates ranged from 4.250% to 7.375% (December 31, 2019: 4.250% to 7.750%) per annum and maturities ranged between November 4, 2020 and perpetual (December 31, 2019: January 17, 2020 and perpetual). For the nine months ended September 30, 2020, the interest income on debentures and certificate of deposit was $0.1 million (2019 Q3: $0.1 million) and fair value loss was $0.1 million (2019 Q3: gain of $0.2 million) respectively. 4. Investment Properties As at September 30, 2020, the investment properties in China with carrying amount of $4.4 million was higher than the estimated fair value of $4.2 million and therefore an impairment loss on investment properties of $0.2 million was recognized for the period ended September 30, 2020 (2019: nil) and certain investment properties in Xinjiang remained vacant. 5. Liquidity and Capital Resources As at September 30, 2020, working capital of the Group amounted to about $21.5 million (December 31, 2019: $21.3 million), by netting off its current assets of $23.9 million (December 31, 2019: $23.8 million) with current liabilities of $2.4 million (December 31, 2019: $2.5 million). Taking into account of its financial position, the management of the Group considered that its cash and cash equivalents will be more than sufficient to finance its operation, including the contractual commitments of the Gold Project of approximately $1.6 million.For further information, please contact:Felipe Tan, Chief Executive Officer Tel: (852) 3586-6500 Email: firstname.lastname@example.org Certain statements contained in this press release constitute forward-looking information. Such statements are based on the current expectations of management of GobiMin. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause actual results, future circumstances or events to differ materially from those projected in the forward-looking information. Forward looking information includes without limitation, statements regarding the size and quality of the Company’s mineral resources, progress in development of mineral properties, the prospective mineralization of the properties, and planned exploration programs. The reader should not place undue reliance on the forward-looking information included in this press release given that (i) actual results could differ materially from a conclusion, forecast or projection in the forward-looking information, and (ii) certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information could prove to be inaccurate. These statements speak only as of the date they are made, and GobiMin assumes no obligation to revise such statements as a result of any event, circumstance or otherwise, except in accordance with law. “Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”To receive GobiMin press releases by email, send a message to email@example.com and specify “GobiMin press releases” on the subject line To unsubscribe GobiMin press releases, please send a message to firstname.lastname@example.org
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announces today that, on 24 November 2020, it made a second approach to the Board of Elementis regarding an increased all-cash possible offer for Elementis.Minerals Technologies’ increased proposal comprised an all-cash offer of 117 pence per Elementis share, representing an increase of 9% on Minerals Technologies’ initial proposal of 107 pence per share.The increased proposal represents a premium of approximately: * 43% to Elementis’ closing share price on 4 November 2020, the date immediately prior to Minerals Technologies’ initial approach; and * 61% to Elementis’ 90 trading-day volume weighted average share price up to 4 November 2020.After approximately two hours, the Elementis Board reverted and notified Minerals Technologies that this revised proposal had been rejected and Elementis has, to date, declined to enter into discussions with Minerals Technologies.Minerals Technologies hopes to engage with the Elementis Board with the goal of proceeding to a recommended transaction that is highly attractive to Elementis’ shareholders. Minerals Technologies is today announcing the details of the increased proposal made to the Elementis Board so that Elementis’ shareholders have access to this information.Minerals Technologies is currently considering its position. There can be no certainty that any firm offer will be made. However, any firm offer would be likely to be solely in cash.In accordance with Rule 2.6(a) of the Code, Minerals Technologies must, by not later than 5.00 p.m. (London time) on 10 December 2020, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline may be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code.In accordance with Rule 2.5 of the Code, Minerals Technologies reserves the right to: 1. vary the form and/or mix of the consideration described in this announcement; and 2. make an offer on less favourable terms than those described in this announcement: * with the recommendation or consent of the Board of Elementis; * if Elementis announces, declares or pays a dividend or any other distribution or return of capital to its shareholders after this announcement (in which case Minerals Technologies reserves the right to make an equivalent reduction to the proposed price); * if a third party announces a firm intention to make an offer for Elementis on less favourable terms than those set out in this announcement; or * following the announcement by Elementis of a whitewash transaction pursuant to the Code.A further announcement will be made as appropriate.Enquiries Minerals Technologies Investor Contact Erik Aldag +1 (212) 878 1831 Media Contact Michael Landau +1 (212) 878 1840 Lazard (Financial Adviser) Mark McMaster +1 (212) 632 6000 Richard Shaw / Edward Earlam +44 (0) 20 7187 2000 Peel Hunt (Broker) Tom Ballard / Mike Burke / Mike Bell +44 (0) 20 7418 8900 Finsbury (Communications) James Murgatroyd +44 (0) 7768 254911 Gordon Simpson +44 (0) 7778 739237 About Minerals Technologies New York-based Minerals Technologies (MTI) is a global resource- and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. Minerals Technologies serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The Company reported sales of $1.8 billion in 2019. For further information, please visit our website at www.mineralstech.com. (MTI-G)Important noticesLazard & Co., Limited, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively as financial adviser to Minerals Technologies and no one else in connection with the possible transaction described in this announcement, and will not be responsible to anyone other than Minerals Technologies for providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to the possible transaction referred to in this announcement. Neither Lazard & Co., Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this announcement, the possible transaction referenced herein, any statement contained herein or otherwise.Peel Hunt LLP, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Minerals Technologies and for no-one else in connection with the matters described in this announcement and will not regard any other person as its client in relation to the matters referred to in this announcement and will not be responsible to anyone other than Minerals Technologies for providing the protections afforded to clients of Peel Hunt LLP nor for providing advice in relation to matters described in this announcement.This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.The release, publication or distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law or regulation. Any persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities or other laws of any such jurisdiction.Disclosure requirements of the CodeUnder Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel’s website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel’s Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.Forward-looking statementsThis announcement (including any information incorporated by reference into it), oral statements made regarding any possible transaction, and any other information published by Minerals Technologies, may contain statements which are, or may be deemed to be, “forward-looking statements”. Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. The forward-looking statements contained in this announcement, if any, may include statements relating to the expected effects of the possible transaction, the expected timing and scope of any possible transaction and other statements other than historical facts. Often, but not always, forward-looking statements can be identified by the use of forward-looking words and phrases such as “plans”, “expects” or “does not expect”, “is expected”, “is subject to”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Although Minerals Technologies believes that the expectations reflected in such forward-looking statements, if any, are reasonable, it can give no assurance that such expectations will prove to be correct. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements should therefore be construed in the light of such factors. Neither Minerals Technologies, nor any of its shareholders, associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur. You are cautioned not to place undue reliance on any such forward-looking statements. Other than in accordance with its legal or regulatory obligations, Minerals Technologies is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No statement in this announcement is intended as a profit forecast or profit estimate.Publication on websiteA copy of this announcement will be available on Minerals Technologies’ website at investors.mineralstech.com promptly, and by no later than 12 noon (London time) on the business day following this announcement in accordance with Rule 26.1(a) of the Code. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
Technological progressions associated with aircraft manufacturing will bolster nickel superalloy market growth, says this report.Selbyville, Delaware, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Based on Global Market Insights Inc., report, the global Nickel Superalloy Market was estimated at $7.5 billion in 2019 and is slated to surpass $10 billion by 2026, registering a CAGR of 6.7% from 2020 to 2026. The report provides a detailed analysis of the market estimations and size, top investment avenues, wavering industry trends, drivers & opportunities, key winning strategies, and competitive scenarios.Air travel will witness a strong upward trajectory in the next few years. According to the International Air Transport Association (IATA), the number of air travelers was around 3.8 billion in 2016 and it will increase up to 7.2 billion by 2035. This growth will be spearheaded by the Asia Pacific region and by the developing economies including Vietnam, India, Iran, China, Colombia, Saudi Arabia, the UAE, Indonesia, Malaysia, and the Philippines.Request for Sample Report: https://www.gminsights.com/request-sample/detail/4864The key reasons behind the growth of air travel include high living standards, favorable trends associated with Gross Domestic Product (GDP), and low air travel costs. Increasing disposable incomes of people coupled with changing lifestyles will trigger air travel demand for business and leisure purposes. The rising demand for air travel will generate the need for a large number of aircraft and related parts manufacturing, propelling the nickel superalloy market growth over the next few years.Waspaloy is a nickel-chromium superalloy and will witness over 6.5% CAGR in nickel superalloy market size. It provides superior oxidation resistance and excellent temperature strength. The addition of aluminum and titanium improves alloy strength at high-temperatures for gas turbine engine applications. It is widely used for rotating and non-rotating parts in aerospace gas turbines. In addition, it is used to manufacture shafts, spacers, seals, aircraft assembly, fasteners, compressors, etc.Wires will cross USD 1 billion in nickel superalloy market share by the end of the forecast period. The segment exhibits high growth potential owing to a wide range of applications in seawater desalination equipment, power generation turbines, petrochemical plants, sealing terminals, rocket motors, jet engine rotors, turbocharger parts, ship rivets, and automotive engine heat resistant bolts.Request for customization of this report: https://www.gminsights.com/roc/4864The Europe is anticipated to witness over 6.5% CAGR owing to the increasing product demand from Germany, France, and Russia. In 2019, the European Space Agency proposed a space budget with an investment of USD 7.43 billion followed by France and Russia with an investment of USD 3.02 billion and USD 2.53 billion respectively. This will boost nickel superalloy market sales in the sector owing to its wide usage in the manufacturing of aircraft valves, rocket motors, and other applications that require high versatility, improved strength at higher, and lower temperatures. Furthermore, shifting focus toward better technology in the aerospace, power generation, oil & gas, and refinery sectors will augment the nickel superalloy market revenue in the region.The key manufacturers of nickel superalloy industry are thyssenkrupp AG, VDM Metals GmbH, Allegheny Technologies Incorporated, Aperam S.A., Haynes International Inc., Carpenter Technology Corporation, Precision Castparts Corporation, Rolled Alloys, Inc., and Voestalpine AG.About Global Market Insights, Inc.Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting and business intelligence services, Global Market Insights, Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making. GMIPulse, our business analytics platform offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top level categories and hundreds of industry segments within them, covering regional, company level and cross-sectional statistics that make our offering a stand-out for decision makers. CONTACT: Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: email@example.com Web: https://www.gminsights.com
WATERTOWN, Mass., Nov. 25, 2020 (GLOBE NEWSWIRE) -- C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a biopharmaceutical company pioneering a new class of small-molecule drugs that selectively destroys disease-causing proteins through degradation, today announced that the Company will present at the Evercore ISI 3rd Annual HealthCONx on Thursday, December 3, 2020 at 8:25 a.m. ET. A live webcast of the presentation can be accessed under “Events & Presentations” in the Investors section of the company’s website at www.c4therapeutics.com. A replay of the webcast will be archived on the C4T website for at least two weeks following the presentation.About C4 Therapeutics C4 Therapeutics (C4T) is a biopharmaceutical company focused on harnessing the body’s natural regulation of protein levels to develop novel therapeutic candidates to target and destroy disease-causing proteins for the treatment of cancer, neurodegenerative conditions and other diseases. This targeted protein degradation approach offers advantages over traditional therapies, including the potential to treat a wider range of diseases, reduce drug resistance, achieve higher potency, and decrease side effects through greater selectivity. To learn more about C4 Therapeutics, visit www.C4Therapeutics.com. CONTACT: Investor & Media Contact: Kendra Adams SVP, Communications & Investor Relations Kendra.Adams@c4therapeutics.com
Antiprohense, a market research company in Hong Kong, recently released a research report on 'Hologram AR+IP services in sports and other fields'. Because of the social distancing policies, Fox is working on ways to get fans to stand in the stands for live MLB games. In a tweet on Thursday, the company showed a video of virtual fans in the stands. The crowd are donning their team's jersey, cheering, booing and even waving. While the technology may be well developed, broadcasters want to make it as natural as possible and may not use virtual viewers for every game.
CAMBRIDGE, Mass., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), a leader in the field of cellular metabolism to treat cancer and rare genetic diseases, today announced that the company is scheduled to present at the Piper Sandler 32nd Annual Virtual Healthcare Conference on Wednesday, December 2, 2020 at 2:00 p.m. ET. A live webcast of the presentation can be accessed under "Events & Presentations" in the Investors section of the company's website at www.agios.com. A replay of the webcast will be archived on the Agios website for at least two weeks following the presentation.About Agios Agios is focused on discovering and developing novel investigational medicines to treat malignant hematology, solid tumors and rare genetic diseases through scientific leadership in the field of cellular metabolism. In addition to an active research and discovery pipeline across these three therapeutic areas, Agios has two approved oncology precision medicines and multiple first-in-class investigational therapies in clinical and/or preclinical development. For more information, please visit the company's website at www.agios.com.ContactsInvestors: Holly Manning, 617-844-6630 Director, Investor Relations Holly.Manning@agios.comMedia: Jessica Rennekamp, 857-209-3286 Associate Director, Corporate Communications Jessica.Rennekamp@agios.com