Workflow
Philips proposes to re-appoint CEO Roy Jakobs
Globenewswire· 2026-02-10 05:55
Core Viewpoint - Royal Philips proposes the re-appointment of Roy Jakobs as President/CEO, reflecting confidence in his leadership and the progress made since 2022 as the company aims for profitable growth [2][3]. Group 1: Leadership and Management - The Supervisory Board recognizes Roy Jakobs' leadership and the progress made under his tenure, particularly in navigating an uncertain macro environment [2][3]. - Roy Jakobs has established a strong foundation and enhanced financial resilience, fostering a culture focused on patient safety and quality [4]. Group 2: Financial Performance and Growth - Philips achieved EUR 2.5 billion in productivity savings, resulting in a simpler, leaner, and more agile organization [4]. - The company has restored growth, materially increased margins, and generated positive cash flow, leading to a robust balance sheet [4]. Group 3: Future Plans - Roy Jakobs will present Philips' plan to drive profitable growth and deliver sustainable value at the upcoming Capital Markets Day [4].
Standard Chartered Names Interim CFO as De Giorgi Exits to Join Apollo
WSJ· 2026-02-10 05:45
Core Viewpoint - The bank has announced the immediate resignation of Diego De Giorgi from his position as executive director and group CFO [1] Group 1 - Diego De Giorgi is stepping down as executive director [1] - The resignation is effective immediately [1] - The role of group CFO will need to be filled following this departure [1]
Icelandic Salmon – Fourth quarter 2025 results
Globenewswire· 2026-02-10 05:30
Group 1 - The Group's fourth quarter 2025 results presentation will be held on February 10, 2026, at 09:00 Icelandic time [1] - CEO Bjørn Hembre and Interim CFO Edvin Aspli will present the results via a Teams webinar [1] - Icelandic Salmon is dual-listed on Euronext Growth in Oslo and NASDAQ First North in Reykjavík [1] Group 2 - The Group is the 100% owner of Arnarlax ehf, a farming company based in Bíldudalur, Iceland [1] - The Group operates a fully integrated business model, controlling all parts of the value chain from egg to fish delivery [1]
SalMar – Strong operational performance with record‑high harvest volume and lower cost level
Globenewswire· 2026-02-10 05:30
Core Viewpoint - SalMar is entering 2026 with strong operational performance, record-high biomass, and a lower cost level, positioning the company well to meet market demand for salmon [5]. Group 1: Financial Performance - In 2025, SalMar harvested a record 300,900 tonnes of salmon, marking the first time the Group exceeded 300,000 tonnes in a single year [7]. - Operational EBIT for Norway in Q4 2025 was NOK 1,843 million, with a harvest volume of 80,300 tonnes and an operational EBIT per kg of NOK 23.0 [7]. - For the Group, operational EBIT in Q4 2025 was NOK 1,834 million, with a total harvest volume of 84,100 tonnes and an operational EBIT per kg of NOK 21.8 [7]. - The board of directors proposed a cash dividend of NOK 10.00 per share for the financial year 2025 [7]. Group 2: Market Outlook - SalMar anticipates low global supply growth in 2026 following high supply growth in 2025, alongside strong demand for its products [3]. - The company maintains its volume guidance for 2026 at 296,000 tonnes in Norway, Ocean, and Iceland, while reducing Scottish Sea Farms by 2,000 tonnes to 43,000 tonnes [4]. - The total expected volume for the Group, adjusted for SalMar's share of Scottish Sea Farms, is 318,000 tonnes, representing a 6% increase in harvested volume compared to 2025 [4]. Group 3: Operational Developments - SalMar has invested significantly in the value chain over the years to enhance biological performance, expecting to lower investment levels to NOK 1.1 billion in 2026, primarily for maintenance [2]. - The company has achieved the highest share of superior quality salmon in 10 years, which supports strong future performance [3][5]. - Continued strong operational and biological performance in Norway is noted, with lower costs in the value chain contributing to improved results [7].
Australia asks for meeting with Roblox after grooming, content complaints
Reuters· 2026-02-10 05:18
Core Viewpoint - The Australian government is addressing concerns regarding child grooming and exposure to graphic content on the gaming platform Roblox, indicating a potential regulatory response to these issues [1] Group 1: Government Actions - The Australian government has called a meeting with Roblox to discuss the reported issues related to child safety on the platform [1] - A regulator has announced plans to test whether Roblox complies with safety regulations concerning child protection [1]
'Despicable and reprehensible': China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
CNBC· 2026-02-10 05:16
Core Viewpoint - The U.K. has expanded the British National Overseas (BNO) visa scheme, allowing children of BNO status holders to apply independently, which has drawn criticism from China as an interference in its internal affairs following the sentencing of pro-democracy media tycoon Jimmy Lai to 20 years in prison under a national security law [2][4]. Group 1: Visa Scheme Expansion - The U.K. expanded the BNO visa scheme to allow children of BNO status holders, who were under 18 at the time of Hong Kong's handover in June 1997, to apply independently [2]. - Since the launch of the BNO scheme in 2021, over 230,000 people have been granted visas, with nearly 170,000 relocating to the U.K. [3]. - The British government estimates that 26,000 people will arrive in the U.K. over the next five years due to the expanded visa route [7]. Group 2: Sentencing of Jimmy Lai - Jimmy Lai, the founder of the now-closed Apple Daily newspaper, received a 20-year sentence, the heaviest penalty under the national security law, for charges including collusion with foreign forces [4][5]. - Lai's case has prompted diplomatic tensions, with British Prime Minister Keir Starmer raising the issue with Chinese President Xi Jinping and calling for Lai's release [6]. - The British government has stated that the sentencing reflects a deterioration of rights and freedoms in Hong Kong, which has led many to leave the territory [7]. Group 3: Reactions and Criticism - China's embassy in London condemned the U.K.'s visa scheme expansion as "despicable" and "reprehensible," asserting that it misleads Hong Kong residents [3]. - Hong Kong's chief executive, John Lee, defended Lai's sentencing, claiming he harmed citizens and colluded with foreign forces [8]. - International reactions include calls for Lai's release, with U.S. Secretary of State Marco Rubio labeling the ruling as "unjust and tragic" [8].
South Korea says Coupang must address security loopholes in probe of data breach
Reuters· 2026-02-10 05:16
Core Viewpoint - South Korean authorities have identified security vulnerabilities in Coupang's systems, which led to a significant data leak at the company [1] Group 1 - Coupang, a major player in the e-commerce sector, is under scrutiny for its security measures following a data breach [1] - The authorities have mandated that Coupang must address and rectify the identified security flaws to prevent future incidents [1]
South Africa Patent Office Grants Manganese X Battery Grade High-Purity Processing Patent
TMX Newsfile· 2026-02-10 05:15
Core Viewpoint - Manganese X Energy Corp. has received a patent from the South African Patent Office for its proprietary purification process of manganese sulfate, which is essential for lithium-ion batteries used in electric vehicles and energy storage systems [1][2]. Company Developments - The CEO of Manganese X, Martin Kepman, highlighted that the patent marks a significant milestone in the company's goal to become a vertically integrated North American supplier of battery-grade manganese [2]. - The patent enhances the company's intellectual property portfolio and supports its strategy to supply high-purity manganese sulfate to the growing lithium-ion battery market [2][5]. - Manganese X is currently conducting a pre-feasibility study to evaluate various processing routes for optimizing technical and economic performance [2]. Strategic Positioning - Manganese X has applied for patent protection in Canada, the United States, Mexico, and Australia, positioning itself strategically within a key global manganese jurisdiction [3]. - The company aims to develop a fully integrated North American critical minerals supply chain, leveraging South Africa's status as a major manganese producer [3]. Industry Context - High-purity manganese sulfate is a crucial precursor material for lithium-ion battery chemistries, including Nickel-Manganese-Cobalt (NMC) and emerging high-manganese technologies, which are vital for electric vehicles and energy storage systems [4]. - With the acceleration of global electric vehicle adoption and government focus on domestic critical mineral supply chains, Manganese X is advancing its role as a strategic supplier of battery-grade manganese [5]. Project Development - The company is focused on advancing its Battery Hill project in New Brunswick, Canada, which is one of the largest manganese carbonate deposits in North America [2][6]. - Manganese X aims to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high-purity manganese [6].
Fluence Energy, Inc. (NASDAQ: FLNC) Sees Varied Analyst Ratings Amidst Volatility
Financial Modeling Prep· 2026-02-10 05:12
Jefferies sets a price target of $24 for NASDAQ:FLNC, indicating a potential upside of 23.71%.Canaccord Genuity Group and Barclays raise their price targets to $25 and $20, respectively, reflecting optimism in FLNC's market position.Despite recent volatility and a trading volume of nearly 1.93 million shares, FLNC's stock price has experienced significant fluctuations over the past year.Fluence Energy, Inc. (NASDAQ: FLNC) is a company that specializes in energy storage solutions. It is listed on the NASDAQ ...
Fluence Energy, Inc. (NASDAQ: FLNC) Sees Positive Analyst Sentiment and Stock Upgrade
Financial Modeling Prep· 2026-02-10 05:06
Fluence Energy, Inc. (NASDAQ: FLNC) is a prominent player in the energy storage sector, providing innovative solutions to enhance grid reliability and efficiency. The company is known for its advanced energy storage products and services, which are crucial in the transition to renewable energy sources. Fluence competes with other energy storage companies like Tesla and LG Chem.On February 9, 2026, Jefferies upgraded Fluence Energy's stock from Hold to Buy, reflecting a more optimistic outlook. At the time, ...