BitFuFu to Sponsor Bitcoin MENA 2025 in Abu Dhabi, Expanding Middle East Presence
Globenewswire· 2025-12-04 11:00
Core Insights - BitFuFu Inc. is sponsoring Bitcoin MENA 2025, scheduled for December 8-9, 2025, in Abu Dhabi, UAE, highlighting its commitment to the Bitcoin ecosystem in the Middle East [2][3] - The conference aims to gather industry leaders, institutional investors, and policymakers to explore opportunities in the growing Middle East Bitcoin market, building on the success of the previous year's event which attracted over 6,000 attendees [3][4] - BitFuFu's participation reflects its strategic focus on expanding global mining operations and enhancing its presence in the Middle East through partnerships with local data center operators [5] Company Initiatives - The company will have representatives available at the conference to discuss its mining operations, technological innovations, and strategic vision for Bitcoin infrastructure development in the region [6] - Olga Kochmar, the Commercial Director, will participate in a panel discussion titled "Buy It or Mine It? The Benefits of Hosted Mining" on December 9, 2025 [6] Company Overview - BitFuFu Inc. is recognized as a leading Bitcoin miner and innovator in mining services, committed to empowering the global Bitcoin network through its cloud mining platform and rapidly scaling data center infrastructure [8]
Royal Jordanian Armed Forces Deploy BeamWell™ Desalination, Energy and E-Mobility Product at Royal Medical Services Facility
Globenewswire· 2025-12-04 11:00
Beam Global-BeamWell-Jordan Deployment 3 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Ambassador to Jordan and senior officials from the Royal JAF to discuss future opportunities for BeamWell™ deployments to support humanitarian needs, rebuilding efforts and broader deployments in the Middle East. Beam Global - BeamWell Jordan Deployment 1 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Amba ...
Shentel Launches Fiber-to-the-Home Internet in Radford, VA
Globenewswire· 2025-12-04 10:46
Core Insights - Shenandoah Telecommunications Company (Shentel) has launched a 100% fiber-to-the-home internet service in Radford, Virginia, offering symmetrical multi-gig internet speeds for residential and business customers starting December 2025, with construction completion expected by March 2026 [1][2]. Company Overview - Shentel provides broadband services through advanced fiber optic and cable networks across eight contiguous states in the eastern United States, offering services such as broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [5]. Service Features - The new Shentel Fiber service will deliver high speeds, low latency, and exceptional reliability, supported by a regional fiber network that spans over 18,000 miles [2][5]. - Customers can upgrade to the fiber-to-the-home network at no additional cost as construction is completed in their neighborhoods [3]. Community Impact - The investment in fiber technology is expected to enhance internet service quality for residents and businesses in Radford, positioning the community for long-term growth [3]. - The Mayor of Radford expressed gratitude for Shentel's commitment to providing advanced technology to the community [2]. Customer Support - Shentel emphasizes prompt and friendly local customer service, avoiding third-party call centers, ensuring real-time assistance for customers [8].
WeRide Attracts Public Investments as Top Funds Back Its Autonomous Mobility Growth
Globenewswire· 2025-12-04 10:14
Core Insights - WeRide has attracted significant investment from ARK Invest, indicating strong confidence in its growth prospects in the autonomous mobility market [1][8] - The autonomous mobility market is projected to become a multi-trillion-dollar industry, with robotaxi fleets potentially reaching tens of millions of vehicles by 2030 [2] - WeRide's strong Q3 2025 performance, with a revenue increase of 144.3% year-on-year, highlights its competitive position in the industry [5] Investment and Market Position - ARK Invest acquired 858,295 WeRide American Depositary Shares (ADSs), reflecting confidence in the company's long-term strategic positioning [1][8] - Bank of America initiated coverage on WeRide with a Buy rating and a price target of US$12 for ADSs, representing a 45.6% upside potential [3] - Other investment firms, including Bank of China International and Citi, have also issued Buy ratings with significant upside potential [3] Shareholder Base - WeRide's shareholders include prominent global institutions such as Bosch, Fidelity, and NVIDIA, as well as strategic players like Grab and Uber [4][8] - The diverse shareholder base underscores the strong institutional confidence in WeRide's business model and growth trajectory [4][10] Regulatory and Operational Achievements - WeRide holds autonomous driving permits in eight countries, showcasing strong regulatory trust in its technology [2][11] - The company has achieved fully driverless Robotaxi operations in multiple cities, including Abu Dhabi, Guangzhou, and Beijing [9][11] Financial Performance - WeRide reported Q3 2025 revenue of US$24.0 million, with its core Robotaxi business generating US$5.0 million, reflecting a 761.0% year-on-year increase [5] - Gross profit increased by 1,123.9%, and gross margin rose to 32.9%, indicating a strong path toward profitability [5][6] Future Growth Plans - WeRide plans to deploy 500-1,000 Robotaxis in the Middle East by the end of 2026 and aims for tens of thousands worldwide by 2030 [9] - The company is committed to maintaining its leading position in the fast-evolving autonomous mobility market through continuous innovation [6][10]
Telenor Marks 25 Years on the Oslo Stock Exchange
Globenewswire· 2025-12-04 10:01
Core Insights - Telenor celebrated its 25th anniversary as a listed company on the Oslo Stock Exchange, having distributed over NOK 243 billion to shareholders since its listing in 2000 [1][2][8] - The company has invested more than NOK 100 billion in Norwegian telecom infrastructure since 2000, emphasizing its role in maintaining societal connectivity [1][8] - An investment of NOK 40,000 in Telenor shares at the time of listing would now be worth over NOK 400,000, reflecting a tenfold increase and nearly 10 percent annual return [3] Financial Performance - Telenor has returned substantial amounts to shareholders, including over NOK 190 billion in ordinary dividends [2][8] - The Norwegian state, as Telenor's largest shareholder, has received significant returns from the company's performance [8] Future Outlook - Telenor's leadership expressed confidence in continuing to create value and drive sustainable growth in the future [2][3]
Press Release: Sanofi completes acquisition of Vicebio
Globenewswire· 2025-12-04 10:00
Core Insights - Sanofi has completed the acquisition of Vicebio Ltd, enhancing its capabilities in vaccine design and development, particularly for respiratory syncytial virus (RSV) and human metapneumovirus (HMPV) through Vicebio's 'Molecular Clamp' technology [1][2] Company Overview - Sanofi is an R&D driven, AI-powered biopharma company focused on improving lives and delivering growth, with a commitment to addressing urgent healthcare challenges through innovative medicines and vaccines [3]
Aben Gold Signs Option Agreement with Kingfisher Metals for Forrest Kerr Project in the Golden Triangle
Globenewswire· 2025-12-04 10:00
Core Viewpoint - Aben Gold Corp. has entered into an option agreement with Kingfisher Metals Corp. for Kingfisher to acquire a 100% interest in the Forrest Kerr Project over a three-year period, involving a total commitment of CAD $2.7 million in cash and shares [1][2]. Agreement Details - The option agreement allows Kingfisher to earn 100% interest in the Forrest Kerr Project by making cash payments and issuing shares totaling CAD $2.7 million over three years [2]. - The cash payments and share issuance schedule is as follows: - On Closing Date: CAD $150,000 cash and CAD $500,000 in shares - Within 6 months: CAD $150,000 cash and CAD $500,000 in shares - Within 12 months: CAD $200,000 cash and CAD $500,000 in shares - Within 36 months: CAD $700,000 cash [3]. Project and Company Background - The Forrest Kerr Project consists of 50 mineral claims covering approximately 20,197 hectares located in the Golden Triangle of British Columbia [1]. - Kingfisher Metals Corp. is focused on copper-gold exploration in the Golden Triangle and has consolidated a significant land position in the region, including the 933 km² HWY 37 Project and the 202 km² Forrest Kerr Project [5]. - Aben Gold Corp. aims to enhance shareholder value through new discoveries and development of exploration projects in favorable jurisdictions, with its flagship project being the 7,400-hectare Justin Gold Project in Yukon [7].
DOGP Moves to Nearly Double DOG Token Holdings Through Strategic Agreement
Globenewswire· 2025-12-04 09:20
Core Viewpoint - Dogecoin Cash, Inc. is expanding its digital asset portfolio by acquiring 4 billion Dogecoin Cash tokens through its subsidiary MEMECOINS, Inc., aiming to align digital assets with real-world utility and operational opportunities [1][2][3] Group 1: Transaction Details - The acquisition of 4 billion Dogecoin Cash tokens is structured through the issuance of preferred shares at the subsidiary level, ensuring no dilution for DOGP shareholders [2] - Following the transaction, the company's total DOG token exposure is expected to exceed 8 billion DOG, combining assets from MEMECOINS, DogeSPAC LLC, and Dogecoin Treasury Inc. [2] Group 2: Strategic Vision - The CEO of Dogecoin Cash, Inc. emphasized that this transaction is part of a broader strategy to integrate digital asset exposure with operational opportunities, focusing on practical and responsible participation in the evolution of Web3 [3][7] - The recently published Dogecoin Cash White Paper outlines a federated model for social platforms and a tokenized value layer, aiming to align online participation with measurable economic contributions [4][5] Group 3: Business Operations - In addition to its digital assets, Dogecoin Cash, Inc. operates real-world businesses, including PrestoDoctor.com, a leading telehealth platform for medical cannabis patients, showcasing a hybrid approach to value creation [6][8] - The company aims for steady, principle-based growth by building assets and technologies that emphasize both real-world utility and conceptual strength [7]
Share Buyback Transaction Details November 27 – December 3, 2025
Globenewswire· 2025-12-04 09:00
Core Viewpoint - Wolters Kluwer has initiated a share buyback program, repurchasing a total of 156,339 shares for €14.1 million at an average price of €90.42 during the specified period [1][2]. Share Buyback Program Details - The share buyback program was announced on November 5, 2025, with a total budget of up to €200 million, running from November 6, 2025, to February 23, 2026 [2]. - As of the current date, a cumulative total of 7,851,297 shares have been repurchased in 2025, amounting to €1,036.2 million, with an average share price of €131.97 [2]. Treasury Shares and Capital Reduction - Shares repurchased will be held as treasury shares and are intended for capital reduction through share cancellation [3]. Company Overview - Wolters Kluwer is a global leader in professional information solutions, software, and services, serving various sectors including healthcare, tax, accounting, and legal [4]. - The company reported annual revenues of €5.9 billion for 2024 and operates in over 180 countries with approximately 21,900 employees [5].
Vow ASA: Contract of EUR 29.6 million awarded for equipment deliveries to two newbuilds
Globenewswire· 2025-12-04 09:00
Group 1 - Vow ASA and its subsidiary Scanship received a purchase order worth EUR 29.6 million from a major European shipyard for equipment deliveries starting in July 2027 for two vessels [1] - The first vessel is scheduled to enter operation by the end of 2029, with equipment deliveries continuing throughout 2028 [1] Group 2 - The contract reinforces the long-standing cooperation between Vow ASA, the shipyard, and the cruise line, emphasizing a commitment to reliable and sustainable solutions [2] - Scanship technology will ensure that all wastewater on the ships is purified to meet the highest standards at sea, specifically for the Baltic Sea and Alaskan State waters [3] Group 3 - The waste management system enhances the circular economy on board, recovering valuable materials such as glass and aluminum [4] - Scanship's integrated clean ship solutions are designed to comply with maritime environmental requirements, reduce greenhouse gas emissions, and prevent pollution [4] Group 4 - Vow ASA is a leader in wastewater purification and waste valorization in the cruise market, providing technology that enables industries to transition towards a fossil-free future [9] - The company offers advanced technologies that convert biomass, sewage sludge, plastic waste, and end-of-life tires into clean energy and low carbon fuels [7][9]