Day: May 4, 2023

Deriv Expands Global Reach with 7 New Offices

Deriv’s new office locations in 2022 CYBERJAYA, Malaysia, May 04, 2023 (GLOBE NEWSWIRE) — Deriv, one of the world’s largest online brokers, opened 7 new offices worldwide in 2022 to broaden its reach and leverage talented professionals spread across the globe. In the fast-moving world of financial trading, changes are inevitable. Trading firms need to […]

Government of India Grants Pan India Unified Licenses to Zoom

Zoom aims to empower the India workforce with the rollout of Zoom Phone SAN JOSE, Calif., May 04, 2023 (GLOBE NEWSWIRE) — Today, Zoom (NASDAQ: ZM) announced that it has received the Unified License with Access – All/PAN India, NLD National Long Distance, and ILD – International Long Distance from the Department of Telecommunications (DoT), […]

Hitachi Energy, the partner of choice for largest-ever HVDC wind energy project in U.S.

The SunZia Transmission Project, enabled by HVDC Light®, links New Mexico’s wind farms to Arizona’s grid, increasing renewable energy to the Western States. Zurich, Switzerland, May 04, 2023 (GLOBE NEWSWIRE) — Zurich, Switzerland, May 4, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by Pattern […]

FEMA GRAS status for Sweegen’s sweet protein brazzein technology

Rancho Santa Margarita, Calif., May 04, 2023 (GLOBE NEWSWIRE) — Global sweetness and flavor innovator, Sweegen has announced that its highly sought-after sweet protein Ultratia™ brazzein technology received the Generally Recognized As Safe (GRAS) status from the Flavor and Extract Manufacturers Association (FEMA). “Our customers and the industry have eagerly anticipated our brazzein FEMA GRAS […]

AKD Securities Limited – AKD Daily (04 May 2023)

Karachi, May 04, 2023 (PPI-OT): HCAR- Uncovering complexities of inventory issuesOver the course of 4QMY23, HCAR has hiked prices by cumulative ~35%, on the back of PkR devaluation (down by 17%QoQ), along with the increase in sales tax to 25% on vehicl…

JS Securities Limited – JS Research (04 May 2023)

Karachi, May 04, 2023 (PPI-OT): Fertilizers: April urea sales likely to drop 11% YoYAs per provisional data, Urea sales in Apr-2023 are expected to clock in at 408k tons, down 11% YoY, taking 4MCY23 offtake down by 3% YoY. Similarly, DAP offtake for Ap…

NEPRA Conducted Public Hearing on KE’S FCA Petition for March

Islamabad, May 04, 2023 (PPI-OT): NEPRA concluded its public hearing on Wednesday, May 03, on KE’s request for an increase of PKR 4.49 per unit on account of Fuel Charge Adjustments (FCA) for March 2023.FCAs are linked with changes in global fuel price…

Leading Businesses Join Hands to Drive Living Wages in Pakistan

Islamabad, May 04, 2023 (PPI-OT): Unilever Pakistan hosted an interactive dialogue to discuss the importance of living wages in Pakistan. The session focused on the benefits of fair pay and living wages to businesses, communities, and the country. A li…

JS Securities Limited – JS Research Beep (04 May 2023)

Karachi, May 04, 2023 (PPI-OT): SYS: Corporate Briefing key takeawaysSystems Limited (SYS) recently announced CY22 and 1QCY23 financial results. The company posted consolidated profit of Rs6,629mn (EPS: Rs22.8), +43% YoY for CY22 whereas for 1QCY23 SYS…