This asteriod, the size as big as West Virginia, is the most valuable thing in the universe.
This asteriod, the size as big as West Virginia, is the most valuable thing in the universe.
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China's annual World Internet Conference is usually a forum for luminaries from the country's online giants and government bodies to discuss pressing issues of the day. The plans have been described by analysts as the first serious attempt on the part of Beijing's antitrust authorities to regulate the tech companies whose services pervade Chinese daily life, particularly Alibaba Group Holding Ltd and Tencent Holdings Ltd. The lone person to touch on it in a keynote speech was Alibaba CEO Daniel Zhang, who called the tightening oversight "very timely and necessary".
The Laos-based Luang Prabang Film Festival has set out a selection that focuses strongly on films from South East Asia, or were made in or about the region. Now entering its tenth edition, the independent festival will be held fully online this year and run Dec. 4-10, 2020. All films will be screened free of […]
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Pakistan’s Christian transgender people, often mocked, abused and bullied, say they have found peace and solace in a church of their own. During a recent service, transgender women, flowing scarves loose over their long hair, conducted Bible readings and raucously sang hymns, accompanied by the rhythms of a drum played by a transgender elder in the church. The church, called the First Church of Eunuchs, is the only one for transgender Christians in Pakistan.
Victoria's new hotel quarantine program may employ 'fly-in-fly-out' staff who live on siteDaniel Andrews also promises advance contact tracing of staff and says hotel workers ‘won’t have any second jobs’ • Follow the Australia live blog
Fighting between Ethiopia's military and regional forces from the northern Tigray region is seriously destabilising the East African region and hostilities should halt, the European Union foreign policy chief said. Hundreds of people have been killed since fighting began on Nov. 4, more than 41,000 refugees have fled to Sudan and there are reports of militias targeting civilians. "I expressed my great concern regarding increasing ethnic-targeted violence, numerous casualties and violations of human rights and of international humanitarian law," Josep Borrell said in statement late on Tuesday.
'We need to be pushy': women's rights and photographyPhotojournalist Donna Ferrato talks about women and the Trump presidency, the fight for change and the power of photography
Part human, part machine: is Apple turning us all into cyborgs?With its iPhones, watches and forthcoming smart glasses, Apple’s gadgets are increasingly becoming extensions of our minds and bodies. It’s the big tech dream – but could it turn into a nightmare? By Alex Hern Illustration by Steven Gregor
Sacre bleu! France as you've never seen her beforeThey set out to capture the forgotten France, the everyday architecture of emptied towns and overlooked villages – before their uniqueness is lost for ever. Eric Tabuchi and Nelly Monnier talk us through their vast photographic atlas
Test and trace fails to contact 110,000 in English Covid hot spotsExclusive: Private firms reach 58% of close contacts in 20 worst-hit areas in second wave
Non-Christian faiths welcome Christmas easing of Covid rulesReligious leaders pleased that Christians will not experience ‘same disappointment’ they did
What will be in Rishi Sunak's mini-budget?With the UK economy in its steepest decline for centuries, we look at what the chancellor could announce on Wednesday * Coronavirus – latest updates * See all our coronavirus coverage
UK's 'chaotic' PPE procurement cost billions extraNational Audit Office says lack of sufficient PPE before the pandemic led to hugely higher prices being paid * Coronavirus – latest updates * See all our coronavirus coverage
NEXT GAMES CORPORATION, COMPANY RELEASE, 25 NOVEMBER 2020 AT 8.00 a.m EET Next Games Corporation has announced today its mid-term financial targets. Next Games vision is to join forces with license holders to build top-grossing games and become the most sought after partner for IP owners, as well as to develop shareholder value and ensure financial stability and profitable growth in the long term. The company is now announcing its financial targets for the mid term. The financial targets and the strategy behind it will be presented to investors in the Next Games Capital Markets Day event held today, November 25, 2020. Materials will be available online after the event. Next Games’ mid-term financial targets RevenueYearly revenues to reach EUR 250MEBITDA %> 23%EBIT %> 18% To achieve strong growth, Next Games will need to scale marketing investments, which will lower its annual result in the short term, as compared to financial targets. As operational efficiency (R&D, Publishing and Admin) improves with scalability and the cost of the relative share of growth efforts reduces in the future, the company aims for its EBITDA to exceed 23% of revenue. Next Games targets strong revenue growth, initially organically and in the future also with the support of selected acquisitions. Next Games believes that building up a solid infrastructure, multiple strategic partnerships and expanding publishing capabilities will help the company to reach its mid-term financial targets, also enabling inorganic growth through M&A. Development of personnel competence and new recruitment are key to Next Games growth. However, with the development of scalable services, reusability and efficient publishing operation, Next Games believe that a potential increase in personnel will be moderate. The Board of Directors of Next Games has not adopted a dividend policy. There is no change in this policy. The financial targets defined above are intended to illustrate the ambition set by the company and its Board of Directors. They do not, however, replace the company's financial guidance on an annual basis. Shorter term financial performance may deviate from the targets. Next Games in the global games market The mobile games market is bigger than movies and music combined, estimated at USD 200 billion by 2023Annual growth in the mobile games market is expected to be 9.3% (y-o-y)IP based games have a strong hold on top grossing listsNext Games is a top 3 publisher in the Geolocation AR genre, and a top 6 publisher in the turn-based RPG genre, now looking to grow in to a top publisher for the RPG-Puzzle genre (Sensortower, Oct 2020 - USA)Next Games is an independent developer and publisher, with a strong track record of working with major entertainment studios, like Netflix and AMC Networks Main themes of Next Games Strategy Strengthening strategic partnerships: in the future we look to expanding and adding new license partnersActive brand portfolio management: continuing to foster The Walking Dead Franchise, and adding new brands like Blade Runner and Stranger Things, in addition to other new brandsImproving efficiency through unified infrastructure: benefits of scale to be expected in the coming yearsPlayers first in game development: best in understanding our audience and creating titles true to the IP Impact of the world economic situation The uncertainty of the global pandemic has not had an adverse effect on the global gaming industryNext Games remains in a good position to continue its growth plans without being disrupted by restrictions caused by the COVID-19 pandemic Additional information: Annina Salvén CFO +358 (0) 40 588 3167 firstname.lastname@example.org Certified Adviser: Danske Bank A/S, Finland branch, tel. +358 10 546 7938 About Next Games Next Games (Helsinki Nasdaq First North: NXTGMS) is the first publicly listed mobile game developer and publisher in Finland, specializing in games based on entertainment franchises, such as movies, TV series or books. The developers of the critically acclaimed The Walking Dead games redefines the way franchise entertainment transforms into highly engaging service-based mobile games. Currently Next Games is working on multiple new games based on popular entertainment franchises including, Blade Runner Rogue, for the popular Blade Runner franchise and a mobile game based on Netflix’s Stranger Things. For more information head to www.nextgames.com.
NEXT GAMES CORPORATION, COMPANY RELEASE, 25 NOVEMBER 2020 AT 8.00 a.m EET Next Games Corporation updates its outlook for 2020. The company will remain EBITDA positive for the full year 2020, and expects revenues to be between EUR 26–28 million. The company had previously removed its full year 2020 revenue guidance and had not given guidance on profitability at the company level. Updated Business Outlook 2020 The Company expects revenues from already published games (The Walking Dead titles) to continue on a flat or declining trend. Next Games estimates its revenue for 2020 to be EUR 26–28 million. The company is expected to be EBITDA positive. Publishing Profitability measured by EBITDA will improve significantly and be above 20% of revenues (11%; EUR 3.8 million in 2019)R&D expenditure in both infrastructure and development will remain at 17–19% of revenues (19% in 2019)Administration costs will remain in the range EUR 3.0–3.5 million (EUR 3.0 million 2019) Stranger Things is available in the AppStore and Google Play Store, as of December for the first selected markets. Previous Business Outlook 2020 (given on August 28, 2020) The Company expects revenues from already published games (The Walking Dead titles) to continue on a flat or declining trend. With recent profitability improvements, the company believes its publishing operations EBITDA from already published games (The Walking Dead titles) to improve clearly in 2020 compared to 2019 when it was EUR 3.8 million. We also expect to start scaling 1–2 games during 2020. Basis for Change in Outlook 2020 Achieved cost savings have remained, Walking Dead games continue performing as expected, and the guidance for publishing profitability has been strengthened. The release of Stranger Things into first markets in the App Store and Google Play Store is slated for December. Predicting the speed of scaling (e.g revenue growth) is not accurate enough at this time and the company will remain conservative in their revenue estimates for 2020. Additional information:Annina SalvénCFO+358 (0) 40 588 email@example.com Certified Adviser: Danske Bank A/S, Finland branch, tel. +358 10 546 7938 About Next Games Next Games (Helsinki Nasdaq First North: NXTGMS) is the first publicly listed mobile game developer and publisher in Finland, specializing in games based on entertainment franchises, such as movies, TV series or books. The developers of the critically acclaimed The Walking Dead games redefines the way franchise entertainment transforms into highly engaging service-based mobile games. Currently Next Games is working on multiple new games based on popular entertainment franchises including, Blade Runner Rogue, for the popular Blade Runner franchise and a mobile game based on Netflix’s Stranger Things. For more information head to www.nextgames.com
Clariant continues its transformation to a higher-value specialty portfolioSimplifying the Group’s organization post divestments to focus on its core Business AreasRightsizing regional organizations and service units to avoid remnant cost Muttenz, November 25, 2020– Clariant, a focused, sustainable and innovative specialty chemical company, today announced its plans to adapt and refocus its organization post divestments. With the divestments of Healthcare Packaging in October 2019 and Masterbatches in July 2020 as well as the anticipated divestment of Pigments, Clariant is transforming itself towards a higher-value specialty portfolio focusing on its core Business Areas: Care Chemicals, Catalysis and Natural Resources. The Group plans to rightsize regional organizations and service units in order to avoid remnant cost, thereby reducing complexity and increasing agility post the expiration of transitory service agreements following the closing of the divestitures. The rightsizing program foresees a reduction of approx. 1,000 positions in service and regional structures. Approximately one third of the reductions will be included in the divestment transfers. After a careful review of the scope of all measures under consideration, Clariant has decided to make a provision in the magnitude of CHF 70 million in discontinued operations in the fourth quarter of 2020 for the rightsizing program. The timeline for these measures shall extend over a maximum of two years and will include departures attributable to natural fluctuation. With the rightsizing program Clariant will preserve itself from remnant cost from the recent and impending divestments. The previously announced efficiency program is in full implementation to reduce approx. 600 positions and realize CHF 50 million cost base savings in the continuing business till the end of 2021. “As we progress towards completing the next of the non-core business disposals, we must utilize this opportunity to further strengthen Clariant’s core for a successful future. By avoiding remnant cost and consequently reducing complexity, putting an even stronger focus on innovation, sustainability and operational excellence, we put our company’s high value specialty businesses in a position to operate in an even more focused and agile manner. This will help us deliver above-market growth, higher profitability and stronger cash generation,” said Hariolf Kottmann, Executive Chairman ad interim of Clariant. In addition to the efficiency and rightsizing measures, Clariant continues to emphasize organic and inorganic growth to drive its portfolio upgrade. Clariant's transformational change offers unique opportunities for higher value creation in 2021 and beyond. Corporate Media Relations Investor Relations Jochen Dubiel Phone +41 61 469 63 firstname.lastname@example.org Maria Ivek Phone +41 61 469 63 email@example.com Claudia Kamensky Phone +41 61 469 63 firstname.lastname@example.org Alexander Kamb Phone +41 61 469 63 email@example.com Thijs Bouwens Phone +41 61 469 63 firstname.lastname@example.org Follow us on Twitter, Facebook, LinkedIn, Instagram. This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials. www.clariant.com Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2019, the company employed a total workforce of 17 223. In the financial year 2019, Clariant recorded sales of CHF 4.399 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability. Attachments Clariant Media Release Strengthen the Core 20201125 EN Clariant Media Release Strengthen the Core 20201125 DE
Hatton hung up his gloves as a “happy man”, having got the answers he needed in his final fight.
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