Fintech PR
CGTN: As the Belt and Road turns 10, high time for China and Europe to talk amid uncertainties
BEIJING, Oct. 17, 2023 /PRNewswire/ — Serbia is one of the countries benefiting from the Belt and Road Initiative (BRI), with the century-old steel mill in the northeastern city of Smederevo serving as a prime example. Founded in 1913, the Smederevo Steel Mill once contributed 40 percent of the city’s revenue at its peak and was known as the “pride of Serbia.”
Later, due to intensified market competition and poor operation, the steel mill began to lose money year after year and was on the verge of bankruptcy. The Government of Serbia initiated several rounds of international tenders, all of which failed. In 2016, over 5,000 employees faced uncertainty. But then China’s Hebei Iron and Steel Group stepped in to establish HBIS Serbia Steel and introduced advanced management and technology, turning the steel mill into a global enterprise with a focus on clients and supply chain. The company was actively integrated into the “Belt and Road” and the process of economic globalization, rapidly establishing itself as a highly competitive steel enterprise in Europe and a prime example of international industrial collaboration.
BRI cooperation between China and Europe
The revival of the century-old steel plant is an epitome of the benefits brought about by the BRI to Europe. Twenty-six European countries have signed BRI documents with China. Under their BRI cooperation, China’s imports from the EU increased by 63.7 percent between 2016 and 2021. Its imports from Central and Eastern European countries jumped 127.3 percent during the same period. The China Railway Express, which links a number of Eurasian cities located near China’s east coast to the shore of the Atlantic Ocean, is increasingly busy. In the past year, 16,000 trains traversed the route between China and Europe, a stark contrast to the mere 80 at the inauguration of the CR Express over a decade ago.
New challenges
Compared with the first few years of the initiative, the situation between China and Europe is significantly different. Their bilateral relationship needs fine tuning to tackle uncertainties and challenges, as well as an upgrade of the mindset to replace the out-of-time zero-sum one. Chinese senior diplomat Wang Yi, when addressing the 12th China-EU High-level Strategic Dialogue held in Beijing last week, said China and the EU are partners, not rivals, and they have more common understandings than differences. Vice President of the European Commission Josep Borrell said that, despite their different political and economic systems, the EU and China share a common interest in pursuing constructive, stable relations.
Meanwhile, the BRI is also entering a new stage. In the beginning phase, both private and state-owned contractors took the lead in building basic infrastructure. Those projects helped to nurture political goodwill and energize local business partners. Thanks to them, private Chinese companies now feel more comfortable doing business in BRI partner countries. China is encouraging private enterprises to take a more active role and participate in projects labeled as “small and beautiful,” which refers to the smaller projects directly connected with improving local livelihoods. New investment favorites include businesses in sectors such as new energy, healthcare, mobile communication, and e-commerce.
Need for more dialogue
Since the launch of the BRI, its global partners have been trying to find more theoretical frameworks and institutional arrangements to make the global cooperation program sustainable. Chinese President Xi Jinping put forward the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative. These global initiatives have been widely recognized by the international community and have made historic contributions to global human rights governance on specific issues related to security, development and cultural diversity.
Against all these backdrops, it is high time for China and Europe to carry out more dialogue on key strategic issues and CGTN is hosting a TV forum on the sidelines of this year’s Frankfurt Book Fair, themed China’s Global Initiatives and the BRI: Opportunities or Risks?
Panel guests include Danilo Türk, former President of Slovenia; Michael Schumann, chairman of the Board of the German Federal Association for Economic Development and Foreign Trade; Rudolf Scharping, former German Defense Minister; Susanne Baumann, former director of the Confucius Institute at Dusseldorf; and Zhong Hong, former senior vice president of Evonik Industries. The panelists will have an in-depth discussion about China-EU ties under the discourse of the Belt and Road Initiative, which are related not only to the wellbeing of the two sides, but also to global stability and prosperity.
Photo – https://mma.prnewswire.com/media/2249077/image.jpg
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-as-the-belt-and-road-turns-10-high-time-for-china-and-europe-to-talk-amid-uncertainties-301958310.html
STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
The following files are available for download:
|
Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
|
|
EQT AB Group |
View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html
- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html
VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html
-
Latest News5 days ago
B Lab UK research reveals UK public back change to company law to put people, the planet and profit on more equal footing
-
Latest News4 days ago
Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware
-
Latest News4 days ago
Cayman Enterprise City Publishes Socio-Economic Impact Assessment by Economist and Leading Advisor on the Caribbean, Marla Dukharan
-
Latest News5 days ago
Unleash a Wave of Opportunities this May with Bybit
-
Latest News3 days ago
Early Detection Breakthrough: Biotech Companies Lead the Way in Pancreatic Cancer Treatment
-
Latest News4 days ago
SANY Heavy Industry Reports 2023 Earnings: Overseas Revenue Soars to 60% of Core Business Amid Market Pressures, Signaling Strong Global Expansion
-
Latest News4 days ago
barq and TerraPay Forge a Strategic Partnership
-
Latest News5 days ago
What Does Nuvei’s Go-Private Deal Portend for FinTechs?