(BUSINESS WIRE) -- The Venture Global, Inc. (“Venture Global”) (NYSE: VG) board of directors determined today that the per share amount of its previously declared cash dividend shall be $0.0165 per share, or approximately $40 million in the aggregate, payable on March 31, 2025 to holders of its outstanding Class A common stock and outstanding Class B common stock, and that the record date shall be the close of business on March 10, 2025.

About Venture Global

Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. Venture Global’s first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company’s second facility, Plaquemines LNG, achieved first production of LNG in December 2024. The company is currently con ... Read more »

DALLAS - Friday, 28. February 2025

New solution portfolio with advanced features addresses multiple indoor and outdoor market segments

(BUSINESS WIRE) -- Radisys® Corporation, a global leader of open telecom solutions, announced the availability of its award-winning Connect RAN software on the Qualcomm Dragonwing™ FSM200 Platform for both FR1 and FR2. The solution leverages baseband and advanced Radio capabilities of the Dragonwing FSM200 platform to address high performance/capacity use cases with advanced features required in various market segments, including MNOs, enterprise, Fixed Wireless Access (FWA), private 5G, Industry 4.0 and home networks. Radisys Connect RAN software on the Qualcomm Dragonwing™ FSM100 platform is already globally deployed for various use cases.

Radisys' Connect RAN 5G solution offers a comprehensive feature set, fully interoperable with a wide ecosystem and robust manageability support, enabling customers to d ... Read more »

BEIJING - Friday, 28. February 2025 AETOSWire  

(BUSINESS WIRE) -- Sinovac Biotech Ltd. (NASDAQ:SVA) ("SINOVAC" or the "Company"), a leading provider of biopharmaceutical products in China, today announced that SINOVAC has received on February 8, 2025 a formal court order (the “Order”) from the Privy Council following the previously announced Privy Council Judgment (the “Judgment”) which ruled, among others, that (i) the slate of nominees proposed by a group of shareholders at the 2018 Annual General Meeting was rightfully elected to the board of directors of SINOVAC and (ii) the Company’s Rights Agreement (also known as poison pill agreement) was invalid. Upon the receipt of the Order, SINOVAC has begun to implement the Judgment and the Order.

As the Company's Rights Agreement is void, all the exchange shares issued pursuant to the Rights Agreement (the “Exchange Shares”), including 27,777,341 co ... Read more »

BERLIN - Friday, 28. February 2025 AETOSWire  

Historic opening of the Grand Egyptian Museum, July 3rd, 2025
Egypt’s Diversity: A Gem of History, Adventure, Nature, and Wellness.
The number of international visitors to Egypt increased by 5% in 2024.
 

(BUSINESS WIRE) -- Egypt’s Minister of Tourism and Antiquities, Sherif Fathi, will present Egypt’s new tourism strategy at the ITB Berlin international travel trade fair, highlighting Germany’s pivotal role in the sector’s development. Germany continues to be Egypt’s largest source of visitors. In 2024, 1.7 million German tourists traveled to Egypt, marking a 5% increase from the previous year. “We are confident that the number of visitors will continue to rise in 2025,” stated Fathi, who has served as Minister of Tourism and Antiquities since July 2024. This will be his first ITB Berlin appearance as Minister.

In 2024, approximat ... Read more »

New Share Buy-Back of up to 2 Billion Euros Announced

(BUSINESS WIRE) -- February 28, 2025

12M 2024:

• Total business volume rises 11.2 percent to 179.8 billion euros

• Operating profit increases by 8.7 percent to 16.0 billion euros supported by all business segments

• Shareholders’ core net income advances 10.1 percent to 10.0 billion euros

• Strong Solvency II capitalization ratio of 209 percent

4Q 2024:

• Total business volume advances 16.0 percent to 45.9 billion euros

• Operating profit increases 10.9 percent and reaches 4.2 billion euros, mainly attributable to very good results in the Property-Casualty segment

• Shareholders’ core net income rises 3.5 percent to 2.4 billion euros

Outlook:

• For ... Read more »

 Leading broadcast and entertainment group in Germany and Austria signs multi-year extension for satellite capacity at 19.2 degrees East and plans to integrate streaming platform content with HD+ TV app

(BUSINESS WIRE)--SES announced today a multi-year extension of its agreement with ProSiebenSat.1. Under the agreement, ProSiebenSat.1 will continue to distribute its programmes in Germany and Austria using SES’s satellites at its prime video neighbourhood of 19.2 degrees East. Additionally, ProSiebenSat.1 will integrate content from Joyn, its streaming platform in Germany, with SES’s HD+ TV App.

For the German market, the agreement extends ProSiebenSat.1’s satellite capacity and uplink services for the distribution of its HD channels. In addition, the HD+ contract between the two companies was expanded so that Joyn’s extensive library of series, shows, originals and exclusive ... Read more »

Fourth Quarter Financial Highlights Include:
Revenue of $114.2 million, up 1.9% year over year
Gross margin of 63.7% compared to 61.0% in the prior year
Billings of $172.1 million, up 7.1% year over year

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the 2024 fourth quarter and fiscal year ended December 31, 2024.

Select Fourth Quarter 2024 Financial Results

Revenue was $114.2 million for the 2024 fourth quarter, an increase of 1.9% compared to $112.1 million for the same period last year.

U.S. revenue was $53.1 million for the 2024 fourth quarter, a decrease of 6.5% compared to $56.8 million for the same period last year.

International revenue was $61.1 million for the 2024 fourth quarter, an increase of 10.5% compared to $55.3 ... Read more »

TOKYO & LONDON & DUBLIN & GENEVA - Friday, 28. February 2025 AETOSWire Print 

New ultra-low latency service connects crypto exchange clouds in Tokyo with those in London and Dublin

(BUSINESS WIRE) -- McKay Brothers International launched the lowest latency connectivity between key crypto trading hubs in Tokyo with those in London and Dublin. The new service achieves sub-132ms latency (round trip) between Tokyo and London. McKay’s Tokyo-London-Dublin service connects traders hosted in AWS in Tokyo and those trading at Equinix LD4 in London and AWS in Dublin. McKay’s newest route complements its existing ultra-low latency crypto connectivity from Tokyo to Hong Kong, Singapore, Chicago, and Ashburn.

“Crypto trading increasingly demands low latency,” said Francois Tyc, MBI’s Managing Director. “We are pleased to leverage our many years of leadership in ... Read more »