Market Overview - The market for suezmax vessels is currently strong due to a scarcity of vessels, leading to high charter rates [1] - Recent fixtures include a 40-day charter at approximately $52,000 per day, a 33-day charter at about $78,000 per day, and a 50-day voyage at around $95,000 per day [1] Operating Costs and Focus Areas - The operating costs for the company's ships are approximately $9,000 per day [2] - Venezuela is highlighted as a key area of interest due to its significant oil reserves, estimated to be about 17% of the world's total [2]

Group 1 - Subsea 7 S.A. has agreed to reimburse Siem Industries S.A. for legal costs related to the proposed merger with Saipem S.p.A., totaling under $1 million [1] - The Shareholders' Agreement ensures that Eni S.p.A., CDP Equity S.p.A., and Siem Industries S.A. will vote in favor of the merger, promoting a balanced leadership and governance structure [2] - The transaction is classified as a related party transaction, and Kristian Siem and Louisa Siem abstained from voting on the reimbursement in compliance with SRD II and Luxembourg Company Law [3] Group 2 - Subsea 7 is recognized as a global leader in delivering offshore projects and services for the energy industry, focusing on sustainable value creation [3]

Core Insights - Silynxcom Ltd. has received a purchase order exceeding $3 million from a military customer in Asia, indicating a growing demand for its tactical communication solutions [1][3] - The order includes the company's flagship tactical in-ear headset system, which enhances situational awareness and team coordination for soldiers in combat [2][3] - The CEO of Silynxcom highlighted that this order marks a significant milestone in the company's strategic expansion in Asia, with expectations for increased market penetration and long-term opportunities [3] Product Overview - Silynxcom specializes in ruggedized tactical communication headset devices, which are field-tested and combat-proven [4] - The in-ear headsets provide active sound protection while maintaining ambient awareness, allowing users to communicate clearly in hazardous environments [4] - The company collaborates closely with military and law enforcement customers to improve product functionality based on real-world feedback [4] Market Position - Silynxcom has established a strong presence in the Asian market, with previous contracts demonstrating the reliability of its products [3] - The region is viewed as a high-growth area due to ongoing defense modernization initiatives, presenting significant potential for future contracts [3]

Core Viewpoint - MT Højgaard Holding is selling its last business activity in Greenland, the technical contracting and service company Arssarnerit, with the sale expected to complete in Q2 2026, pending competition authority approval [1]. Group 1: Sale Details - The buyer, VVS & El Firmaet A/S, will acquire all activities of Arssarnerit, including operating assets, inventory, ongoing projects, employees, and guarantees for completed projects up to a certain limit [2]. - The sale price corresponds to the book value of the sold assets and liabilities [2]. Group 2: Strategic Focus - Prior to this agreement, MT Højgaard Holding divested its HVAC service business and all activities outside Nuuk to concentrate Arssarnerit on its core technical contracting activities in the Nuuk area [3]. - The sale of Arssarnerit marks the final step in winding down MT Højgaard Holding's international operations, which began in October 2023, leaving only minor operating assets in Greenland [4]. Group 3: Financial Outlook - The agreement does not impact MT Højgaard Holding's 2025 outlook, which remains unchanged with expected revenue between DKK 10-10.5 billion and an operating profit (EBIT) of DKK 400-450 million [5].

VivoPower will procure Ripple Labs shares for the joint venture’s dedicated investment vehicle, resulting in budgeted management and performance fees for VivoPower of $75 million over 3 years Lean Ventures is a licensed South Korean asset manager which manages funds for the Government of South Korea and other limited partners VivoPower has received approval from Ripple for the purchase of an initial tranche of Ripple Labs shares LONDON, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: ...

ServiceTitan Celebrates Customer-Led Community Impact Projects Across the Country as Part of its “Power the Nation” CampaignLOS ANGELES, Dec. 12, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, along with its customers across the country, celebrates the second annual Day of the Trades, honoring the critical role tradespeople play by keeping the world running. Day of the Trades highlights stories from ServiceTitan’s year-round initiative, Power the Nation, ...

Strategic partnership with global hospitality platform provider active across 26 countries positions company for significant international hotel market expansionSUNNYVALE, Calif., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received its first customer order for deployment of its GigaLine hospitality solution. The order i ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to announce that the Company has closed the order book on its previously announced non-brokered private placement (the “Offering”) of 5,000,000 units (each, a “Unit”) at a price of $0. 20 CAD per Unit for aggregate gross proceeds of$1 million CAD. The Offe ...

Core Viewpoint - The European Medicines Agency's Committee for Medicinal Products for Human Use has issued a positive opinion for a higher dose of Wegovy (semaglutide 7.2 mg), which could provide individuals with obesity in the EU a new option for significant weight loss, demonstrating an average weight loss of 20.7% at 72 weeks [1][7]. Summary by Sections Clinical Trial Results - The positive opinion is based on the STEP UP and STEP UP T2D clinical trial programs, showing that one in three participants treated with Wegovy achieved 25% or more weight loss at 72 weeks [2][3]. - In the STEP UP trial, 1,407 adults with a BMI ≥30 kg/m² without diabetes participated, confirming the efficacy and safety of semaglutide 7.2 mg compared to semaglutide 2.4 mg and placebo [5]. - The majority (84%) of the weight lost with Wegovy was from fat mass, with preserved muscle function [2][5]. Health Benefits - Wegovy has proven health benefits in obesity, including significant reductions in the risk of cardiovascular events such as heart attack and stroke, and alleviation of pain from knee osteoarthritis [1][8]. - The new higher dose aims to enhance weight loss while maintaining the established cardiovascular health benefits of Wegovy [7]. Regulatory and Market Implications - The new Wegovy option could be available early in the new year, pending final approval from the European Commission [3]. - Novo Nordisk has also applied for a single-dose device to deliver Wegovy 7.2 mg and is seeking approval in the US, UK, and other countries [3][9].

Core Insights - LOBO Technologies Ltd. has integrated the entire team of Shenzhen Xiangri Technology Co., Ltd. into its subsidiary Jiangsu LOBO, establishing a new Solar Division to enhance its entry into the photovoltaic energy-storage market [1][4] Company Overview - LOBO Technologies Ltd. specializes in electric mobility and smart energy solutions, manufacturing a variety of eco-friendly electric vehicles and home robotic products [5] - The company aims to promote sustainable transportation options that reduce carbon footprints and enhance energy efficiency [5] Team and Expertise - The Shenzhen Xiangri team, founded in 2012, brings over twelve years of experience in the solar PV industry, focusing on manufacturing solar modules and integrated system solutions [2] - The team holds 15 registered patents related to module fabrication processes and system design, covering product development, sales, and installation services [2] Strategic Collaboration - Shenzhen Xiangri has previously collaborated with Jiangsu LOBO, providing energy solutions for solar-powered electric vehicles, which has led to improved performance metrics [3] - Internal testing indicates that the latest PV-storage-charging integrated solution from Shenzhen Xiangri may enhance the range of low-speed electric vehicles by up to 19% [3] Market Opportunities - The African solar market presents significant opportunities for LOBO's solar-storage solutions, necessitating an experienced technical and sales team for successful project execution [3] - LOBO projects that the newly established Solar Division could generate approximately US$5 million in revenue in 2026, depending on market conditions [4] Industry Growth - The global PV-storage industry is experiencing rapid growth, and LOBO's management believes that integrated PV-storage products offer substantial market opportunities [4] - By leveraging Shenzhen Xiangri's technical expertise and market experience, LOBO aims to accelerate its development in energy storage and become a leading provider of integrated PV-storage solutions [4]