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Airline groups added another $42 billion in net losses in 2021 and $15 billion for the first half of 2022
The US industry is on course to return to profitability in 2022, with Delta Air Lines already reclaiming top place in the first half ranking
Losses appear to be worsening in China as COVID-19 lockdowns take their toll on traffic, dampening recovery in the Asia-Pacific region as a whole
 

(BUSINESS WIRE) -- Cirium’s analysis of the World Airline Group Finance Rankings results for 2021 and the first half of 2022, shows how the steep decline in airline revenues has translated into a net loss of nearly $220 billion over the past two and a half years since the pandemic began.

The full extent of damage from the pandemic shows through in the latest Cirium airline rankings. Revenues for the world’s airline groups more than halved in 2020 and, despite some recovery, ended 2021 still down by over 40% on pre-pandemic levels. At $500 billio ... Read more »

NEW YORK & GREENWOOD VILLAGE, Colo. - Thursday, 01. December 2022

(BUSINESS WIRE) -- ANANDA Scientific Inc., a research focused bio-pharmaceutical company today announced approval by the US Food and Drug Administration (FDA) of the IND application for a clinical trial evaluating Nantheia™ A1002N5S, an investigational drug using cannabidiol (CBD) in ANANDA’s proprietary Liquid Structure™ delivery technology as a potential treatment for Social Anxiety Disorder. The National Center for Complimentary and Integrative Health (HCCIH-a division of the NIH) is providing funding for this trial which will be conducted at the NYU Grossman School of Medicine. (Clinical Trials.gov Identifier: NCT05571592)

The Principal Investigators for the trial are Naomi Simon, MD, MSc., Professor of Psychiatry and Director of Anxiety, Stress and Prolonged Grief Program at the NYU Grossman School of Medicine and Esther Blessing, MD, PhD, Assistant Professor of Psychiat ... Read more »

SAINT-PREX, Switzerland & PARSIPPANY, N.J. - Friday, 02. December 2022

Ferring’s novel first-in-class REBYOTA is indicated for the prevention of recurrence of Clostridioides difficile infection (CDI) in individuals 18 years of age and older, following antibiotic treatment for recurrent CDI
The safety and efficacy of REBYOTA was studied in the largest clinical trial program in the field of microbiome-based therapeutics, including five clinical trials with more than 1,000 participants
Recurrent CDI represents a significant burden for patients, caregivers and the healthcare system
(BUSINESS WIRE)--Ferring Pharmaceuticals today announced the U.S. Food and Drug Administration (FDA) approved REBYOTA® (fecal microbiota, live-jslm), a novel first-in-class microbiota-based live biotherapeutic indicated for the prevention of recurrence of Clostridioides difficile infection (CDI) in individuals 18 years of age and older, following antibiotic treatment fo ... Read more »

NEW YORK
Acquisition strategically expands its presence across Europe and Asia and adds additional financial services sector offerings and expertise

(BUSINESS WIRE) -- LRN Corporation (“LRN”), the leader in ethics and compliance solutions that enable organizations to inspire principled performance, announced today that it has acquired the Compliance Learning business unit (“Compliance Learning”) from Thomson Reuters, further enhancing LRN’s global reach, solution offerings and international client base.

LRN provides businesses with access to an expansive ethics and compliance management platform, comprehensive digital training solutions, actionable program analytics and insights, and trusted advisory services covering both ethical culture-building and the latest regulatory requirements. With the acquisition of Compliance Learning, LRN has further established its position as the largest global provider of ethics and compliance progr ... Read more »

The results of the Total Economic Impact™ study revealed a 400% ROI and significant improvements to production workflows, optimization of equipment use, reduction in shutdown time, and improved maintenance planning

(BUSINESS WIRE) -- Cognite, a global leader in industrial software, today announced a newly commissioned study conducted by Forrester Consulting that examines the potential return on investment (ROI) and business benefits asset-heavy industrial organizations can expect from deploying its leading Industrial DataOps platform, Cognite Data Fusion®.

Key results of the ROI study include $21.6 million in added net present value at a 400% ROI, arising from significant improvements to production workflows, optimization of equipment use, reduction in shutdown time, and improved maintenance planning.

Derived from first-person research and interviews across Cognite's customer base in Oil and Gas, Manufacturing, and Power & Cleantech, the stu ... Read more »

LONDON - Thursday, 01. December 2022

On World AIDS Day 2022, ViiV Healthcare releases data from a survey investigating outdated attitudes towards HIV as part of the ‘HIV in View’ campaign

(BUSINESS WIRE)--ViiV Healthcare, the global specialist HIV company majority owned by GSK, with Pfizer and Shionogi as shareholders, today announced new data from a perceptions survey which unveils a widespread gap in public knowledge and understanding of HIV worldwide. The data found that three quarters of people (74%) believe that there are still negative perceptions when it comes to people living with HIV, and that one in six adults agree that if a friend or colleague was living with HIV, they might look at them negatively. While the majority of people surveyed did report feeling comfortable with physical contact, including holding hands (76%) or hugging (75%), only 1 in 2 people would feel comfortable dating someone living with HIV. Concerningly, the survey also foun ... Read more »

(BUSINESS WIRE) -- Taulia, a leading provider of working capital management solutions, today announces significant updates to its Payables Scenario Planner. Taulia’s Payables Scenario Planner is a tool designed to provide Taulia customers with better visibility into liquidity and how their working capital position could change over time.

The update will incorporate a variety of additional macroeconomic indicators tracking various vectors across the globe, including inflation, GDP, and ease of doing business. This upgrade will allow the model to move more dynamically, providing Taulia customers with more contextually-grounded information, and facilitating the further strengthening of supply chains during periods of economic instability.

Danielle Weinblatt, Chief Product Officer, Taulia, comments: “This is a significant product upgrade and demonstrates our continued commitment to providing our customers with greater visibility and deeper insights. We believ ... Read more »

HOUSTON - Thursday, 01. December 2022

Silicon Valley Veteran Paul Sells Leads ABS Affiliate to Create an Industry First Software as a Service Company

(BUSINESS WIRE)--ABS today announced the launch of ABS Wavesight™, a new maritime software as a service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operations.

Built on ABS’ 160-year legacy of maritime innovation and safety, ABS Wavesight combines the industry-leading platforms Nautical Systems™ and My Digital Fleet™, which are collectively installed on more than 5,000 vessels across the global fleet.

"ABS Wavesight stands well above other maritime software companies by uniting the expansive offerings of Nautical Systems and the innovative performance and compliance tools of My Digital Fleet into one powerful new SaaS business,” said Christopher J. Wiernicki, ABS Chairm ... Read more »

SAN JOSE, Calif. - Friday, 02. December 2022 AETOSWire Print 

New sensor management, calibration, perception and cloud software offerings empower customers to accelerate lidar development

(BUSINESS WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced the beta launch of its Vella family of software products. Vella enables Velodyne’s customers to accelerate development of lidar-based vision solutions for autonomous applications. Using the online platform Vella Portal, Velodyne’s sensor customers can easily access Vella’s software offerings, which include Vella Go for lidar sensor management, Vella Perception for application development and Vella Cloud Services for artificial intelligence (AI) capabilities.

“Velodyne’s customers use lidar to advance autonomy in a multitude of markets, from transportation to infrastructure, industrial, robotics and more,” said Dr. Ted Tewksbury, CEO, Velodyne Lidar. & ... Read more »