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As Britain grieves his death, so do some Pacific tribespeople who revere him as a spiritual figure.
She passed away last September.
As mentioned in Announcement no. 02/2021 Coloplast is initiating a share buyback programme totalling up to DKK 500 million.The programme commenced on 22 February 2021 and is expected to end by 23 August 2021. The share buyback programme is carried out in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations with the purpose of meeting obligations arising from share options programmes or other allocation of shares to employees or to complete a share capital decrease as set out in Articles 5(2)(a) and 5(2)(c) in MAR. The following transactions have been executed during the period 6 – 9 April 2021: DateNumber of sharesAverage purchase price, DKKTransaction value, DKK06 April 2021300951.37285,41107 April 202130,000937.7928,133,70008 April 2021400946.49378,59609 April 2021300962.10288,630Accumulated until now under the programme97,850922.1090,227,524 Henceforth, Coloplast owns 3,088,166 treasury B shares of DKK 1 equal to 1.43% of the company’s total share capital. An overview showing the transaction data for the period 6 – 9 April 2021 is enclosed. Kind regards,Investor RelationsColoplast A/STel. +45 4911 1800 For further information, please contact Investors and analystsAnders Lonning-SkovgaardExecutive Vice President, CFOTel. +45 4911 1111 Ellen BjurgertVice President, Investor RelationsTel. +45 4911 1800 /+45 4911 3376Email: dkebj@coloplast.com Aleksandra Dimovska Sr. Manager, Investor RelationsTel. +45 4911 1800 / +45 4911 2458Email: dkadim@coloplast.com Press and the mediaPeter MønsterSr. Media Relations ManagerTel. +45 4911 2623Email: dkpete@coloplast.com AddressColoplast A/SHoltedam 1DK-3050 HumlebaekDenmarkCompany reg. (CVR) no. 69749917 Websitewww.coloplast.com This announcement is available in a Danish and an English-language version. In the event of discrepancies, the Danish version shall prevail. Coloplast develops products and services that make life easier for people with very personal and private medical conditions. Working closely with the people who use our products, we create solutions that are sensitive to their special needs. We call this intimate health care. Our business includes Ostomy Care, Continence Care, Wound and Skin Care and Interventional Urology. We operate globally and employ about 12,500 employees. The Coloplast logo is a registered trademark of Coloplast A/S. © 2021-04. All rights reserved Coloplast A/S, 3050 Humlebaek, Denmark. Attachments 12042021_Sharebuyback_week_14 Transaction data_week_14
Dublin, April 12, 2021 (GLOBE NEWSWIRE) -- The "Photoacoustic Imaging Market Research Report: By Product (Imaging Systems, Software and Other Accessories), Application (Pre-Clinical, Clinical), Indication (Oncology, Cardiology) - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global photoacoustic imaging market reached a valuation of $39.8 million in 2019 and is predicted to generate a revenue of $279.3 million by 2030, progressing at a CAGR of 20.3% between 2020 and 2030. The increasing incidence of cancer and the rising popularity of advanced medical treatments around the world are the main factors fueling the growth of the market.The surging geriatric population is another important market growth driver. As per the 2019 World Population Ageing report produced by the UN, the total population of the people in the age bracket- 65 years and above is predicted to rise from 703 million to 1.5 billion from 2019 to 2050. This will massively push up the requirement for photoacoustic imaging as the geriatric people are highly vulnerable to various diseases, on account of their low immunity levels.The rising prevalence of chronic diseases is also driving the advancement of the photoacoustic imaging market across the world. In recent years, cancer has emerged as one of the major causes of death across the globe. According to the Global Cancer Observatory (GLOBOCAN), the disease was responsible for the deaths of as many as 9.6 million people in 2018. Furthermore, as per the World Health Organization (WHO), cardiovascular diseases (CVDs) are the primary cause of death around the world.They are responsible for the deaths of 17.9 million people every year. Additionally, as per the Centers for Disease Control and Prevention (CDC), in the U.S., coronary heart disease is the most prevalent heart disease. In 2017, the disease claimed the lives of 365,914 people. Depending on product, the photoacoustic imaging market is divided into software and other accessories and software. Between these, the imaging systems category recorded higher growth in the market in the past years.When application is taken into consideration, the market is divided into clinical and pre-clinical. Of these, the clinical category is predicted to register faster growth in the market in the upcoming years. This would be because of the rising incidence of cancer all over the world, the soaring geriatric population, the increasing usage of technologically advanced and innovative products in healthcare settings, and the ballooning healthcare expenditure in many countries around the world.Hence, it can be said with surety that the market will grow substantially all over the world in the future years, primarily because of the rising incidence of cancer and the soaring geriatric population in various countries around the world.Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.3.1 Market Segmentation by Product1.3.2 Market Segmentation by Application1.3.3 Market Segmentation by Indication1.3.4 Market Segmentation by Region1.3.5 Analysis Period1.3.6 Market Data Reporting Unit1.3.6.1 Value1.4 Key StakeholdersChapter 2. Research MethodologyChapter 3. Executive SummaryChapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Product4.1.1.1 Imaging systems4.1.1.2 Software and other accessories4.1.2 By Application4.1.2.1 Pre-clinical4.1.2.2 Clinical4.1.3 By Indication4.1.3.1 Oncology4.1.3.2 Cardiology4.1.3.3 Others4.2 Market Dynamics4.2.1 Trends4.2.1.1 Acquisitions and mergers done for the photoacoustic imaging technique4.2.2 Market Drivers4.2.2.1 Surging geriatric population4.2.2.2 Increasing incidence of chronic diseases4.2.2.3 Technological advancements4.2.2.4 Impact analysis of drivers on market forecast4.2.3 Restraints4.2.3.1 Stringent regulations4.2.3.2 Expensive and high maintenance cost4.2.3.3 Impact analysis of restraints on market forecast4.2.4 Opportunities4.2.4.1 Increasing patient pool in emerging economies4.3 Impact of COVID-194.4 Porter's Five Forces AnalysisChapter 5. Global Market Size and Forecast5.1 By Product5.2 By Application5.3 By Indication5.4 By RegionChapter 6. North America Market Size and ForecastChapter 7. Europe Market Size and ForecastChapter 8. APAC Market Size and ForecastChapter 9. LATAM Market Size and ForecastChapter 10. MEA Market Size and ForecastChapter 11. Competitive Landscape11.1 Product Offerings of Key Players11.2 Strategic Development Activities of Key Players11.2.1 Partnerships and Collaborations11.2.2 Product Approvals and Launches11.2.3 Other DevelopmentsChapter 12. Company Profiles EKSPLAFUJIFILM VisualSonics Inc.illumiSonics Inc.InnoLas Laser GmbHPhotoSound Technologies Inc.Seno Medical Instruments Inc.Teem PhotonicsTomoWave Laboratories Inc.Verasonics Inc.Vibronix Inc.iThera Medical GmbHkibero GmbHOPOTEK LLCPA Imaging R&D B.V. For more information about this report visit https://www.researchandmarkets.com/r/acu3uo CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
The 3,400-year-old city was found “untouched” and “left by the ancient residents as if it were yesterday.”
It’s Monday, April 12. Florida legislators are working on massive policy shifts —on everything from education, and sales taxes to voting laws and state pensions — while the Matt Gaetz saga slowly creeps closer to Tallahassee.
Apr. 12—YEARS AGO, I remember pestering one of the best-ever Manchester police detectives about an unsolved murder. We don't know who did it, Richard O'Leary told me, but the people on the street know. His job, he said, was to pry the secrets from the street. For the past 14 months, that's what Amy Innarelli has been doing. Our city streets have not been kind to her. On Feb. 19, 2020, as the ...
VEOLIA PR - Veolia and Suez announce that they have reached an agreement allowing the merger the two groups
Report Scope: This report is designed to be a helpful business tool that will provide a thorough evaluation of the markets for topical pain management drugs. The geographical scope of this study is global.New York, April 12, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Topical Pain Relief Market" - https://www.reportlinker.com/p06058447/?utm_source=GNW Opioid and non-opioid topical pain relief drugs have been analyzed in the report, and types of pain, treatment guidelines and demand for addressing different types of pain have been included in the scope of the study. The market size estimates include both branded and generic drugs.This report details market shares of topical pain management drugs based on therapeutic class, mode of purchase and geography.Based on therapeutic class, the market is segmented into non-opioids and opioids. Non-opioids are further segmented into nonsteroidal anti-inflammatory drugs (NSAIDS), capsaicin, lidocaine and others.Based on mode of purchase, the market is segmented into over-the-counter (OTC) and prescription drugs.By geography, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. Detailed analyses of major countries such as the U.S., Canada, Germany, the U.K., France, Spain, Italy, Japan, China and India are covered in regional segments. For market estimates, data have been provided for 2019 as the base year, with forecasts for 2020 through 2025. Estimated values are based on drug manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.Report Includes:- 29 data tables and 21 additional tables- An overview of the global topical pain relief market- Analyses of the global market trends, with data from 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2025- Comprehensive analysis of the current and future market potential of topical pain management drugs- Examination of the competitive environment, regulatory scenario and technological advancements which are influencing the growth of generic drugs market- Assessment of long-term versus short-term impact of the COVID-19 pandemic on the global topical pain relief market compared to overall pharmaceuticals industry- Competitive landscape analysis of the key players in the global topical pain relief market and pipeline of select topical pain management drugs- Key M&A deals, collaborations, agreements, partnerships, and joint ventures within the global topical pain treatment market- Profiles of the leading market players, including GlaxoSmithKline, Sanofi S.A., Johnson & Johnson, Sun Pharmaceutical Industries Ltd. and Teva Pharmaceutical Industries Ltd.Summary:The global market for topical pain management drugswas valued at REDACTED in 2019.The market is expected to growat a compound annual growth rate (CAGR) of REDACTED to reach approximately REDACTED by 2025.Growth of the global market is attributed to factors such as the growing prevalence of cancer, diabetes and other chronic diseases; and strong investment in research and development activities by keymarket players including GlaxoSmithKline, SanofiS.A., Johnson& Johnson, SunPharmaceutical Industries Ltd. and TevaPharmaceutical Industries Ltd., among others.The increasing incidence of acute and chronic pain and rising geriatric populationswith osteoporosisrelated issues are the major factors likely to fuel the market for topical pain management drugs.According to the Global Burden of Disease Study 2016, the high prominence of pain and pain-related diseases is the leading cause of disability and disease burden globally. In 2016, the burden of chronic pain increased,with 1.9 billion peoplewith symptomatic chronic conditions. The burden of chronic pain is likely to drive the market for topical pain management drugs during the forecast period.The global topical pain management drugsmarket is segmented based on therapeutic class,mode of purchase and region.Read the full report: https://www.reportlinker.com/p06058447/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Apr. 12—While President Joe Biden took executive action and pushed Congress to act aggressively on gun control last week, New Hampshire lawmakers moved in the opposite direction, in favor of repealing local ordinances limiting firearm use and other pro-gun lobby bills. Biden said within 30 days, the Justice Department will propose a rule to stop the proliferation of so-called "ghost guns." ...
Technavio has monitored the land drilling rigs market in its latest market research report. The market is poised to grow by USD 3.26 billion during 2021-2025 and registering a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
(Bloomberg) -- Veolia Environnement SA agreed to acquire its rival Suez SA, ending a long-running and bitter takeover battle that tested the limits of French corporate culture.After months of fierce resistance from Suez’s management, Veolia finally unlocked a deal by offering a higher price and “social commitments” for employees of the utility. The deal gives Suez an equity value of about 13 billion euros ($15 billion), Veolia Chief Executive Officer Antoine Frerot told reporters.Veolia agreed to pay 20.50 euros a share for the roughly 70% of Suez it doesn’t already own, according to a statement on Monday. It bought its initial stake in the company last year for 18 euros a share.The transaction will create a global giant in waste and water services under the Veolia umbrella with annual revenue of about 37 billion euros. It will also leave some elements of Suez to continue as a new business owned by a variety of French shareholders and private equity groups.“This agreement is beneficial for everyone,” Frerot said in the statement. “It guarantees the long-term future of Suez in France in a way that preserves competition, and it guarantees jobs.”The two companies will enter into a definitive agreement on May 14. The transaction will require approval from competition authorities in several countries.(Updates with valuation in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Dublin, April 12, 2021 (GLOBE NEWSWIRE) -- The "Smart Electricity Meters - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Energy Wastage is Taking its Toll on the Environment. Smart Meters Being the Need of the Hour Will Reach $16.4 Billion by 2027The global market for Smart Electricity Meters is expected to reach US$ 16.4 billion by the year 2027, trailing a post COVID-19 CAGR of 6.7% over the analysis period 2020 through 2027. Global carbon emissions are rising each year. The energy industry accounts for a sizable share of CO2 emissions highlighting the carbon intensity of electricity generation. Coal remains the worst polluting generating over 1,200 of CO2 per kWh. Over 60% of energy produced is wasted in transmission & consumption. Smart electricity meters are poised to witness robust adoption given their role in energy conservation & reducing wastages. Among the many benefits of smart meters are monitoring of electric system in real time & provision of responsive data for balancing electric loads; reduction of waste by forecasting energy demand more efficiently. A smart meter is an electronic device capable of monitoring usage of utility services, and share the data with utility providers. Using two way communication, smart meter makes records data at the usage point and transmits the information gathered back to the utility companies. The advanced metering infrastructure holds several merits over conventional metering and supports bi-directional communication. Smart meters are increasingly replacing traditional electric meters, mainly in developed countries, and enabling power system to undergo notable transformation in terms of efficiency and reliability. These devices provide utilities with the opportunity to exploit data to ensure efficient use of energy, reduce wastage, and minimize human intervention. Smart metering devices in homes deliver accurate readings and eliminate incorrect billing or irregularities. By monitoring gas, water or electricity consumption, these devices allow users to reduce consumption and save on utility bills.Smart meters represent a revolutionary technology for utility companies that allow them to ensure efficient transmission and distribution while monitoring energy usage and efficiency. These meters integrate three primary components that include an electricity meter, processing unit and communication module. While the electricity meter measures power consumption and translates the readings into usable data, the processing unit processes and stores the data. In addition, the processing unit controls the electricity meter and the communication module. The communication module, usually found integrated into the smart meters or installed in external slots, facilitates the communication of meter data with the utility and the customer. Among the three components, the meter part is highly regulated one and in most cases needs to conform to a set of standards placed by regulatory authorities. The technology has gained extensive adoption among utilities and is receiving support from various countries. Governments are investing in smart metering infrastructure to gravitate towards smart grids and accommodate renewable energy. Smart meters technology is poised to experience large-scale installations in North America, Europe and Asia-Pacific, with the latter holding a key role in driving global adoption of smart meters. The increasing adoption of smart meters is attributed to their various benefits such as energy usage monitoring, energy saving, reduction in energy wastage, tab on power thefts and reduction in carbon emissions. Smart meters are increasingly replacing conventional meters and leading to notable transition towards digital technologies. These devices allow two-way communication to transmit data to utility companies for billing, monitoring and other purposes to ensure seamless supply of electricity, water or gas to consumers. Smart metering allows companies to deal with electricity theft, which results in heavy losses of around $90 billion annually. The technology has witnessed an impressive investment of around US$ 62 billion for associated infrastructure. These endeavors are anticipated to further drive adoption of smart meters in both developed and developing regions. Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Impact of COVID-19 and a Looming Global RecessionPandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDPSmart Meters: Laying the Foundation of Energy Efficiency and Reliable Utility NetworksAn Introduction to Smart Electricity MetersSmart Electricity Meters: Reliable, User-Friendly, Cost Effective, and Energy Efficient TechnologyAMI Technology Poised to Grow at a High RateResidential Sector Dominates Smart Electricity Meters MarketAsian Economies Spearhead GrowthKey Challenges Confronting the Smart Electricity Meters Market 2. FOCUS ON SELECT PLAYERS (Total 84 Featured): ABB LtdAclara Technologies LLCApator SA.Circutor SAEDMI LimitedHoneywell InternationalEMH metering GmbH & Co. KGHolley Technology LTDIskraemeco d.d.Itron, Inc.Jabil, Inc.Jiangsu LinyangKamstrupLandis+GyrOSAKI ELECTRIC CO., LTD.Schneider Electric, Inc.Secure Meters LtdSensus, a Xylem BrandWasion GroupXemexZPA Smart Energy a.s. 3. MARKET TRENDS & DRIVERS Environmental Concerns, Reduction in Energy Wastage, and Need for Energy Efficiency Drive Adoption of Smart Metering TechnologyMyriad Benefits of Smart Electricity Meters to Drive Global AdoptionBenefits of Smart Electricity Meters to UtilitiesBenefits to CustomersDigitization Trend in Utilities Spurs Adoption of Smart MetersSpiraling Demand for Electricity and Inefficient Infrastructure Drives Power Utilities to Deploy Smart MetersGrowing Deployments of Smart Grids: A Strong Business Case for Smart Electricity MetersRenewable Energy Integration: A Promising Application of Smart Electricity MetersRising Prominence of Internet of Things (IoT) in Utilities to Benefit PenetrationRise of Smart Cities and Focus on Smart Energy Management Opens Up Opportunities for Smart Electricity MetersSmart Electricity Meters Emerge as Vital Components for Efficient Energy Use & Consumption Control in Smart CitiesIncreasing Investments in Smart Home Technology Solutions to Fuel Demand for Smart MetersIntegration of Electric Vehicles and Smart Meters Enable Shift towards Sustainable EconomyRising Prominence of Smart Electricity Meters in Advanced Outage ManagementSmart Electricity Meters Gain Prominence in Distribution AutomationGovernment Policies Critical for Smart Electricity Meters AdoptionCloud Computing Transforms Smart Metering MarketBig Data Analytics to Provide Actionable Insights from Smart Meters-Generated DataAI Presents Immense Opportunities to Tap Smart Meter DataBlockchain to Mitigate Data Safety and Privacy Concerns for Smart MetersIncreasing Integration of Cellular Technology in Smart Electricity MetersPopulation Growth and Demographics Drive Need for Smart Utility Infrastructure, Supporting Demand for Smart MetersKey Issues & Challenges Hampering Widespread Adoption of Smart Meters 4. GLOBAL MARKET PERSPECTIVE III. GEOGRAPHIC MARKET ANALYSIS IV. COMPETITION Total Companies Profiled: 170 For more information about this report visit https://www.researchandmarkets.com/r/cf6124 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
MEF members HGC Global Communications (HGC), DCConnect Global, and QLC Chain under the auspices of MEF have successfully collaborated in their MEF Proof-of-Concept (PoC) that leverages MEF Lifecycle Service Orchestration (LSO) APIs with Distributed Ledger Technology (DLT) to create Smart Bilaterals for end-to-end ordering, billing and settlement of data services.
KEY FINDINGS The global business intelligence market is forecasted to register a CAGR of 10. 23% across the estimated period of 2021 to 2028. The market growth is predominantly attributed to key factors, including the impact of globalization on businesses, the increasing need for real-time information and decision making, and the growing customer-centric business approach.New York, April 12, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL BUSINESS INTELLIGENCE MARKET FORECAST 2021-2028" - https://www.reportlinker.com/p04461536/?utm_source=GNW MARKET INSIGHTSBusiness intelligence (BI) leverages services and software to transform data into actionable insights, thereby facilitating organizations’ tactical and strategic business decisions.BI tools examine and assess data sets, presenting analytical findings in dashboards, reports, graphs, summaries, charts, and maps.As a result, the solution provides users with detailed and in-depth intelligence associated with the business’ state. Business intelligence also refers to a diverse range of tools delivering easy-to-digest and quick access to insights about the current state of the organization on the basis of available data.Since business conditions change frequently, old and outdated information cannot be relied upon.Hence, real-time data is necessary in order to make critical business decisions.For instance, real-time information is provided through data dashboards for better visualization of data. A data dashboard is characterized as an information management tool that can visually track, analyze, and display key performance indicators (KPI), as well as crucial data points to monitor the health of a department, business, or specific processes.REGIONAL INSIGHTSThe global business intelligence market growth is assessed through the analysis of Europe, North America, the Asia-Pacific, and the Rest of World.North America dominated the global market in 2020.The region’s market growth is supplemented by drivers such as the rising demand for business intelligence platforms, the high adoption of cloud strategy, and the presence of well-established players.COMPETITIVE INSIGHTSSince the global market observes intense competition among existing players, leading companies attempt to enhance and improve their current product portfolio through substantial investments.Therefore, the market position among competitors is strengthened.Although more prominent companies continue to acquire and merge SMEs, their diversified product portfolios do not work well in the market. Hence, industrial rivalry is expected to remain high.Some of the major companies operating in the market are Oracle Corporation, Cisco Systems Inc, Microsoft Corporation, etc.Our report offerings include:• Explore key findings of the overall market• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions• Market Segmentation cater to a thorough assessment of key segments with their market estimations• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developmentsCompanies mentioned1. CISCO SYSTEMS INC2. DOMO INC3. GOODDATA CORPORATION4. INFORMATICA5. INTERNATIONAL BUSINESS MACHINES CORPORATION6. MICROSOFT CORPORATION7. MICROSTRATEGY INCORPORATED8. ORACLE CORPORATION9. SAP SE10. SAS INSTITUTE INC11. TABLEAU SOFTWARE INC12. TARGIT A/S13. TERADATA CORPORATION14. TIBCO SOFTWARE INC15. VMWARE INCRead the full report: https://www.reportlinker.com/p04461536/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
(Bloomberg) -- British cybersecurity company Darktrace Plc announced plans for an initial public offering in London, marking the first major company to plan a listing on the exchange after Deliveroo Holdings Plc flopped in its market debut.The IPO is expected to value the company at about $3 billion to $4 billion, a person familiar with the matter said. A representative for the company declined to comment on valuation ahead of the shares pricing. Darktrace and shareholders plan to sell at least 20% of the company’s equity, and the stock will trade on the London Stock Exchange’s premium market and be eligible for FTSE’s benchmark stock indexes, the company said in a statement Monday.Unlike Deliveroo, Darktrace won’t offer a dual-class share structure and will be a more traditional listing for the London market, which may reassure some fund managers. The company will sell new shares to fund product development, and some existing investors also will offer stock, Darktrace said.“This is a very different technology company,” Chief Executive Officer Poppy Gustafsson said in an interview. “I love Deliveroo. I think it’s great. I can get my favorite burrito delivered on a bicycle, but this is different.”Read More: Deliveroo Flop Deals Blow to U.K. Post-Brexit Tech AmbitionsDarktrace has been putting the pieces in place since at least late 2019 for a public offering. The company was founded in 2013 by veterans of U.S. and British intelligence agencies and mathematicians from the University of Cambridge. Its technology uses artificial intelligence to learn how organizations work and employees communicate to detect irregularities and wall off cyberattacks to prevent them from spreading.The company plans to use the funds to add to its 1,500 employees, with particular emphasis on its research and development center in Cambridge, Gustafsson said. Darktrace lost $28.7 million on revenue of $199 million for the 12 months ended in June 2020. The company may reach profitability “in the short term,” though growth is the priority for now, she said.IPO proceeds in London total $9.9 billion this year, according to data compiled by Bloomberg, on par with 2019 and closing in on the 2020 total of $11.6 billion. Deliveroo, which raised 1.5 billion pounds ($2.1 billion) in its listing March 31, has slumped 35% since it began trading, hit by investor concerns about its gig-economy business model and its dual-class share structure.Darktrace is one of the companies that received early funding and advice from British entrepreneur Mike Lynch’s Invoke Capital. Lynch, the founder of Autonomy Corp., is awaiting a verdict on a trial involving Autonomy’s more-than $10 billion sale to Hewlett-Packard Co. a decade ago. HP wrote down the vast majority of the deal in 2012 and has alleged that Lynch and his chief financial officer orchestrated an accounting fraud to make Autonomy more attractive in the sale, which both men have denied.Read More: A Long Legal War Over a $10 Billion Takeover Heads to a CloseLynch serves on Darktrace’s science and technology committee. A number of its executives also have Autonomy pedigree, including Chief Executive Officer and Chief Strategy Officer Nicole Eagan.Invoke is represented on Darktrace’s nine-member board by Phil Pearson, Vanessa Colomar and Andrew Kanter. A number of members also have ties to other Invoke-backed companies, including newly appointed Chairman Gordon Hurst, who’s also on the board of fraud-detection business Featurespace.Jefferies International Ltd., Joh. Berenberg, Gossler & Co. KG and KKR Capital Markets Partners LLP will arrange the sale if it goes ahead, with Needham & Co. and Piper Sandler & Co. as joint bookrunners.(Updates with CEO comment in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Dublin, April 12, 2021 (GLOBE NEWSWIRE) -- The "Expanded Polystyrene Market Analysis By Product Type, By Application, By Region - Global Trends, Analysis, Growth and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. Product demand from the construction and packaging industries is expected to propel market growth.The Global Expanded Polystyrene (EPS) Market size is expected to reach USD 24.97 Billion by 2025 Expanded Polystyrene (EPS) is the common industry name for a white rigid material produced from expanded polystyrene beads. EPS is a rigid, lightweight, and plastic foam insulating material made from solid beads of polystyrene.The increasing prominence of insulation property in the building & construction sector of developed economies comprising China and India is anticipated to support the usage of high-quality polymers. Moreover, increased spending on improving residential buildings and commercial complexes longevity in extreme external environmental conditions are projected to stimulate the market demand for expanded polystyrene.Increasing demand for cold chain packaging in the pharmaceutical sector to increase product safety and maintain the freshness of packaged products in the food and beverage industry during transportation is anticipated to boost the market growth. Besides, advancements in the frozen food industry in developed economies, including the U.S. and Japan, are expected to increase EPS' scope in the packaging sector during the forecast period.In recent years, an increase in population and urbanization in emerging economies, including Brazil, India, and China, has resulted in increased government spending on improving the manufacturing sector of packaging, construction, and automotive industries.The availability of better substitutes for expanded polystyrene in the market is a significant restraint that may have a negative impact on the market demand.Further key findings from the report suggest White EPS contributed to the largest market share in 2019 and is projected to have a growth rate of 5.4% in the forecast period. This can be attributed to the excellent thermal and mechanical properties, easy recyclability, and non-corrosive characteristics of white EPS. The thermal resistance of the white EPS depends on the density of the finished product and does not lessen with time.The construction sector was a significant consumer of expanded polystyrene in 2019, owing to several benefits of expanded polystyrene, like enhanced durability, energy efficiency, and improved indoor environmental quality in the constructed buildings.The Asia Pacific region contributed to the largest market share in 2019 and is expected to grow at a CAGR of 5.4% in the forecast period. The market dominance of the Asia Pacific region is due to the rapid growth of the construction industry in the region, coupled with the extensive application of EPS in packaging.Key participants include BASF SE, Synthos S.A., S.C. Adeplast S.A., Ineos Styrenics, Styro Limited, Sunpor Kunststoff GmbH, Universal Foam Products, Nova Chemicals Corporation, the Ravago Group, and Versalis S.p.A., among others.In June 2018, BASF announced it would increase its global production capacity of Neopor (expandable polystyrene containing graphite) by a total of 40,000 metric tons per year.BASF also announced that at its Ulsan site in Korea, it would switch the plant's entire capacity from the production of classic white EPS (expandable polystyrene) Styropor to the improved insulation raw material Neopor until the end of 2018. This will allow the company to meet the growing demand for graphite-containing expandable polystyrene in the Asian market. Key Topics Covered: Chapter 1. Market SynopsisChapter 2. Executive SummaryChapter 3. Indicative MetricsChapter 4. Expanded Polystyrene Segmentation & Impact Analysis4.1. Expanded Polystyrene Material Segmentation Analysis4.2. Industrial Outlook4.2.1. Market indicators analysis4.2.2. Market drivers analysis4.2.2.1. Growth of the Construction and Packaging Industries in developing countries.4.2.2.2. Growing demand for consumer goods4.2.3. Market restraints analysis4.2.3.1. Availability of better substitutes4.3. Technological Insights4.4. Regulatory Framework4.5. ETOP Analysis4.6. Porter's Five Forces Analysis4.7. Competitive Metric Space Analysis4.8. Price trend AnalysisChapter 5. Expanded Polystyrene Market By Product Type Insights & Trends5.1. Product Type dynamics & Market Share, 2019 & 20265.2. White Expanded Polystyrene5.3. Grey Expanded Polystyrene5.4. Black Expanded PolystyreneChapter 6. Expanded Polystyrene Market By Material Insights & Trends6.1. Material dynamics & Market Share, 2019 & 20266.2. Raw Beads6.3. Expanded BeadsChapter 7. Expanded Polystyrene Market By Process Insights & Trends7.1. Product Type dynamics & Market Share, 2019 & 20267.2. Black Molding7.3. Shape MoldingChapter 8. Expanded Polystyrene Market By Application Insights & Trends8.1. Application Dynamics & Market Share, 2019 & 20268.2. Insulation8.3. Packaging8.4. Foaming8.5. Component Manufacturing8.6. Chemical Intermediate Chapter 9. Expanded Polystyrene Market By End-User Insights & Trends9.1. End-User Dynamics & Market Share, 2019 & 20269.2. Electrical & Electronics9.3. Automotive9.4. Construction9.5. Consumer Goods9.6. Food & Beverages9.7. OthersChapter 10. Expanded Polystyrene Market Regional Outlook10.1. Expanded Polystyrene Market share by region, 2019 & 2026Chapter 11. Competitive LandscapeChapter 12. Company Profiles BASF SES.C. Adeplast S.A.Sunpor Kunststoff GmbHIneous StyrenicsUniversal Foam ProductsStyro LimitedNova Chemicals Corporationthe Ravago GroupSynthos S.A.Versalis S.P.A For more information about this report visit https://www.researchandmarkets.com/r/106nv3 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
The Kumbh Mela, or pitcher festival, is one of the most sacred pilgrimages in Hinduism. The faithful congregate in the northern city of Haridwar. The Kumbh Mela runs through April and comes during India's worst pandemic surge, with a seven-day rolling average of more than 130,000 cases per day.
The growing building & construction industry, energy-efficient construction demands, strict regulations & policies, and remodeling & repairing activities of buildings, drive market growth.New York, April 12, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL BUILDING INSULATION MARKET FORECAST 2021-2028" - https://www.reportlinker.com/p06058664/?utm_source=GNW MARKET INSIGHTSBuilding insulation materials minimize the amount of energy needed to heat or cool a building.It is considered to be one of the most cost-effective methods for carbon footprint reduction.The thriving economies, advanced developments, rising population, and increased per capita income in emerging economies propel the construction market growth.Economic development dictates the demand for considerable investments in new constructions and existing infrastructure expansions.Also, countries with conducive tourism need more construction activities for tourist accommodations.They are set to harbor a fair share in the market.China, Indonesia, and India, and developed economies like Russia and the US, are estimated to dominate the global building & construction market, with the Asia-Pacific leading the construction market.Such factors are evaluated to drive global market growth. However, the volatile raw material prices hamper the market growth.REGIONAL INSIGHTSThe global building insulation market is geographically segmented into Europe, North America, Asia-Pacific, and Rest of World for growth evaluation. North America is predicted to dominate the global market in terms of revenue and volume, owing to booming end-users like commercial and residential.COMPETITIVE INSIGHTSThe low switching costs among consumers intensify the competitive rivalry. Some of the leading companies in the market are Huntsman Corporation, Kingspan Group, BASF, Johns Manville Corporation (Berkshire Hathaway), GAF Materials Corporation, Beijing New Building Material (Group) Co Ltd, etc.Our report offerings include:• Explore key findings of the overall market• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions• Market Segmentation cater to a thorough assessment of key segments with their market estimations• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developmentsCompanies mentioned1. BASF2. BEIJING NEW BUILDING MATERIAL (GROUP) CO LTD3. DOW CHEMICALS4. GAF MATERIALS CORPORATION5. HUNTSMAN CORPORATION6. JOHNS MANVILLE CORPORATION (BERKSHIRE HATHAWAY)7. KINGSPAN GROUP8. KNAUF INSULATION INC9. OWENS CORNING10. PAROC GROUP11. ROCKWOOL INTERNATIONAL A/S12. SAINT-GOBAIN SARead the full report: https://www.reportlinker.com/p06058664/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Apr. 12—Firefighters rescued four people late Saturday night after they became trapped in a burning building on Speirs Street in Westbrook. Westbrook Fire Chief Andrew Turcotte said two of the occupants of the home were taken to an area hospital, where they were treated for smoke inhalation and released. There were no other injuries reported. The fire is not considered suspicious and may have ...