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Credit Benchmark Says Default Risk Will Peak Late-2024 for Most EU Industries, but Tech, Telecoms, Oil & Gas and Utilities Could Rise Significantly, as Discussed in New EU Default Risk Outlook May 22, 2024 02:07AM

LONDON--(BUSINESS WIRE)-- Credit Benchmark, the provider of global consensus ratings and analytics, today said that it predicts that default risks will rise and peak in H2 2024 across most EU industries, as explained in its new EU Default Risk Outlook. Default rates are expected to mostly return to current levels in 2025 – however, some industries will remain at risk.

“EU economic growth remains weak, and rates remain high, driving the slight rise in default... (continue reading...)


SixPeaks Bio AG Debuts With $110 Million in Funding May 22, 2024 02:00AM

--Next-generation obesity company with potential best- and first-in-class assets launched by Versant Ventures--

--Emerges from stealth with $30 million in Series A financing and a strategic collaboration with AstraZeneca providing up to $80 million--

BASEL, Switzerland--(BUSINESS WIRE)-- SixPeaks Bio AG today emerged from stealth mode with a pipeline of therapies for healthy weight loss, including a potentially best-in-class dual-specific antibody targeting... (continue reading...)


MADES, a Latecoere Company, recognized by RTX with a Premier Award for performance in 2023 May 22, 2024 01:45AM

TOULOUSE, France--(BUSINESS WIRE)-- Regulatory News:

RTX has recognized Malaga Aerospace Defense & Electronics Systems, a Latecoere (Paris:LAT) company, with a Premier Award for performance in 2023 and overall excellence in Business Management and Collaboration & Customer Service.

The Premier Award is an annual recognition platform under the RTX Performance+ Program to recognize suppliers with superior performance and that have provided exceptional value to RTX... (continue reading...)


HAFNIA LIMITED: Ex-Dividend USD 0.3443 Today May 22, 2024 01:16AM

SINGAPORE--(BUSINESS WIRE)-- The shares in Hafnia Limited will be traded ex-dividend USD 0.3443 from today, 22 May 2024.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About Hafnia:

Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies, as well as trading and utility... (continue reading...)


Key Information Relating to the Cash Dividend to Be Paid by Cool Company Ltd. (TICKER: CLCO) May 22, 2024 01:05AM

LONDON--(BUSINESS WIRE)-- Note to shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (the “VPS”): Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, please note the information on the payment date to the shares registered in the VPS below.

From May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock... (continue reading...)


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