Nexans appoints Vincent Piquet as Chief Financial Officer _PRESS RELEASE_ Paris La Défense, November 24, 2025 – Nexans is pleased to announce the appointment of Vincent Piquet as Chief Financial Officer, effective January 19, 2026. He will join the Nexans Executive Committee and will be based in Paris. Vincent brings comprehensive experience across the full scope of the Finance function, spanning operational performance optimization, functional and strategic transformation, as well as substantial exposure t ...

Hong Kong, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company had become aware of unusual trading activity in its Ordinary Shares on the NYSE American LLC (the "NYSE American") on November 20, 2025 and November 21, 2025. The Company is issuing this press release pursuant to Section 401(d) of the NYSE American Company Gui ...

TORONTO, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B) (TSX:ABX) (“Barrick” or the “Company”) today announced that it has entered into an agreement which puts an end to all of its disputes with the Government of the Republic of Mali regarding the Loulo and Gounkoto mines. All charges brought against Barrick, its affiliates and employees will be dropped and the legal steps for the release of the four detained Barrick employees will be undertaken. Additionally, the provisional administ ...

Festi hf., reg. no. 540206-2010, Dalvegur 10–14, 201 Kópavogur, has published a supplement to the base prospectus, dated 9 October 2025, in connection with the issuance programme for bonds and bills. The supplement, which forms part of the base prospectus, is dated 24 November 2025 and has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The supplement is issued in Icelandic and published electronically on Festi’s website together with the base prospectus, https://www.fes ...

Core Viewpoint - Diversified Energy Company has successfully completed the acquisition of Canvas Energy, enhancing its operational capabilities and asset portfolio in Oklahoma, funded through a $400 million asset-backed securitization [2][3]. Acquisition Highlights - The acquisition adds complementary operated producing properties and acreage positions in Oklahoma, with a purchase price of approximately $550 million, reflecting a purchase price multiple of about 3.5x on next twelve months (NTM) EBITDA [7]. - The estimated NTM EBITDA for the combined entities is around $155 million, prior to anticipated synergies, with a proved PV-10 value of approximately $690 million and total reserves of about 200 million barrels of oil equivalent (MMBoe) [7]. - The acquisition is expected to yield significant annual run rate synergies and includes commercially attractive undeveloped acreage, providing options for portfolio optimization [7]. ABS Financing Highlights - To facilitate the acquisition, the company issued 3,720,125 new shares of common stock, which will be listed on the New York Stock Exchange [4]. - The ABS transaction is structured as a master trust, with "A" tranche notes priced at a blended coupon of 5.97%, benefiting from an investment-grade rating [7]. Total Voting Rights - As of November 24, 2025, the total number of shares of common stock in issue is 80,445,793, with each share carrying one vote [6].

Core Insights - The 2025 AI Creator Summit in Beijing highlighted the role of AI in enhancing global B2B trade competitiveness, with Ecer Technology's CEO Hu Xinran presenting the company's innovative strategies and applications of AI in the industry [1][2]. Company Initiatives - Ecer Technology focuses on integrating AI technologies into practical business scenarios, specifically targeting small and medium-sized enterprises to alleviate user pain points and enhance their market capabilities [2][5]. - The company has developed an Intelligent Inquiry System that supports real-time translation in over 20 languages, facilitating effective communication and negotiations in cross-border trade [3][5]. - Ecer's AI-driven approach encompasses the entire business process, from supply/demand information release to order finalization, significantly improving transaction efficiency and client satisfaction [5]. Industry Impact - The application of AI in B2B trade is transforming how businesses operate, with intelligent business matching and enhanced communication tools leading to increased quality inquiries and productivity [2][5]. - Ecer's recognition on the "2025 CHINA AI 100" list underscores its impact and innovation within the AI and trade sectors, positioning the company as a leader in smart foreign trade solutions [4][5].

Core Insights - Trust Stamp has developed a patent-protected framework for embedding links to a biometrically validated cryptographic chain of provenance into stablecoins, addressing concerns about their use in money laundering and terrorist financing [1][2][3] Industry Overview - The Financial Action Task Force (FATF) has identified stablecoins as a prevalent virtual asset among illicit actors, including cybercriminals and drug traffickers, highlighting the risks associated with their mass adoption and uneven global regulatory standards [2][3] - The GENIUS Act of 2025 classifies permitted payment stablecoin issuers as "financial institutions," mandating compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) regulations [3] Company Developments - Trust Stamp's USPTO Patent 11,681,787 focuses on ownership validation for cryptographic asset contracts, linking stablecoin units to tokenized identity representations while preserving user privacy [4] - The company offers technologies such as embedded ownership validation and biometrically authenticated wallets, positioning itself to meet emerging regulatory expectations and provide solutions for stablecoin issuers and custodians [5] - Trust Stamp's technology enables banks and payment providers to comply with FATF standards while streamlining cross-border due diligence and evidencing beneficial ownership without disclosing raw KYC data [5]

Marico Scales National Transportation Network on SemiCab’s Collaborative Transportation Platform Fort Lauderdale, FL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that SemiCab has achieved a significant expansion of its transportation services engagement with Marico, one of India’s leading consumer goods companies that operates in the global beauty and wellness space. The expansion represents an annualized revenu ...

Core Viewpoint - Icon Energy Corp. has successfully sold 132,144 shares under the Standby Equity Purchase Agreement (SEPA) at an average price of $1.86 per share, indicating a strategic move to raise capital for growth opportunities [1][2][3] Group 1: SEPA Details - Icon entered into the SEPA with an investor on August 27, 2025, allowing the company to issue up to $20 million worth of common shares over three years [2] - The SEPA provides Icon with a flexible and efficient source of capital, enabling the company to pursue growth opportunities and support strategic initiatives [3] Group 2: Company Overview - Icon Energy Corp. is an international shipping company that specializes in worldwide seaborne transportation services for dry bulk cargoes through its fleet of oceangoing vessels [3] - The company is headquartered in Athens, Greece, and its common shares are traded on the Nasdaq Capital Market under the symbol "ICON" [3]

Company Overview - L'Oréal is the world's leading beauty player with a history of 115 years, focusing on fulfilling global beauty aspirations [2] - The company operates with a broad portfolio of 37 international brands and emphasizes sustainability through its L'Oréal for the Future program [2] Financial Performance - In 2024, L'Oréal generated sales of 43.48 billion euros, showcasing a strong financial position [3] - The company has a significant workforce of over 90,000 employees and maintains a balanced geographical footprint across various distribution networks [3] Innovation and Recognition - In 2025, L'Oréal was named the most innovative company in Europe by Fortune magazine, ranking among 300 companies across 21 countries and 16 industries [4] - The company invests heavily in research and innovation, with 21 research centers in 13 countries and a dedicated team of over 4,000 scientists [3]