Notching

Sion Power & Muhlbauer to Create Manufacturing Line for Lithium Metal Cells

Retrieved on: 
Tuesday, April 16, 2024

Sion Power Corporation , a leading technology developer of next-generation batteries for electric vehicles (EV), and MB ATECH, member of Muhlbauer Group , a German turnkey solution provider, announced today a partnership to create an automated manufacturing line for Sion Power’s large format lithium metal cell.

Key Points: 
  • Sion Power Corporation , a leading technology developer of next-generation batteries for electric vehicles (EV), and MB ATECH, member of Muhlbauer Group , a German turnkey solution provider, announced today a partnership to create an automated manufacturing line for Sion Power’s large format lithium metal cell.
  • The new fully-automated manufacturing line will be capable of producing 75MWh of 56 Ah lithium metal cells annually.
  • Sion Power's strategic partnership with Muhlbauer is an instrumental next step in our path to commercialization.
  • This line will help bolster the domestic supply chain of lithium metal cells and position Sion Power as an industry leader in the industrialization of energy storage systems,” said Tracy Kelley, Sion Power’s CEO.

AM Best Places Credit Rating of Generali France S.A. Under Review With Positive Implications Following Updated Best’s Credit Rating Methodology Release

Retrieved on: 
Thursday, January 18, 2024

AM Best has placed under review with positive implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Generali France S.A. (Generali France) (France), an intermediate non-operating holding company, following the release of the updated Best’s Credit Rating Methodology (BCRM) on 18 January 2024.

Key Points: 
  • AM Best has placed under review with positive implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Generali France S.A. (Generali France) (France), an intermediate non-operating holding company, following the release of the updated Best’s Credit Rating Methodology (BCRM) on 18 January 2024.
  • AM Best will assess the company under the revised approach to holding company notching under the updated BCRM and will complete any corresponding Credit Rating (rating) update in the near term.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Releases Revised Best’s Credit Rating Methodology and Available Capital and Insurance Holding Company Analysis

Retrieved on: 
Thursday, January 18, 2024

AM Best has released its revised Best’s Credit Rating Methodology (BCRM) and the criteria procedure, “Available Capital and Insurance Holding Company Analysis” (formerly known as “Available Capital and Holding Company Analysis”).

Key Points: 
  • AM Best has released its revised Best’s Credit Rating Methodology (BCRM) and the criteria procedure, “Available Capital and Insurance Holding Company Analysis” (formerly known as “Available Capital and Holding Company Analysis”).
  • The changes are primarily related to the notching used to derive the Long-Term Issuer Credit Rating (Long-Term ICR) of an insurance holding company.
  • AM Best does not expect that the implementation of the revisions to “Available Capital and Insurance Holding Company Analysis” will result in changes to any published ratings.
  • AM Best received five comments related to BCRM and the criteria procedure, “Available Capital and Insurance Holding Company Analysis,” during the public consultation period through the methodology in-box.

AM Best Places Issue Credit Rating of Atradius Finance B.V. Under Review With Positive Implications Following Updated Best’s Credit Rating Methodology Release

Retrieved on: 
Thursday, January 18, 2024

The main updates to BCRM focus on Part IV: Insurance Holding Company and Issue Credit Ratings.

Key Points: 
  • The main updates to BCRM focus on Part IV: Insurance Holding Company and Issue Credit Ratings.
  • The changes are related primarily to the notching used to derive the Long-Term Issuer Credit Rating of an insurance holding company and associated issue ratings.
  • AM Best will assess the issue under the revised approach to holding company and debt notching under the updated BCRM and will complete any corresponding Credit Rating (rating) update in the near term.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

After Three Years on Mars, NASA's Ingenuity Helicopter Mission Ends

Retrieved on: 
Thursday, January 25, 2024

"The historic journey of Ingenuity, the first aircraft on another planet, has come to end," said NASA Administrator Bill Nelson.

Key Points: 
  • "The historic journey of Ingenuity, the first aircraft on another planet, has come to end," said NASA Administrator Bill Nelson.
  • "That remarkable helicopter flew higher and farther than we ever imagined and helped NASA do what we do best – make the impossible, possible.
  • The Ingenuity Mars Helicopter was built by NASA JPL, which also manages the project for NASA Headquarters.
  • At NASA Headquarters, Dave Lavery is the program executive for the Ingenuity Mars helicopter.

Due to Change in Swiss Law Affecting Senior Unsecured Notes, AM Best Downgrades Long-Term Issue Credit Ratings of Swiss Reinsurance Company Ltd.

Retrieved on: 
Monday, January 8, 2024

Although AM Best has indicative Credit Ratings (ratings) on the debt issuance programme, the debt issued from the programme is not rated by AM Best.

Key Points: 
  • Although AM Best has indicative Credit Ratings (ratings) on the debt issuance programme, the debt issued from the programme is not rated by AM Best.
  • The rating actions for these Long-Term IRs are unrelated to the rating fundamentals of Swiss Reinsurance Company Ltd.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

TANAKA Precious Metals to Exhibit at "Medtec China 2023" Medical Device Design and Manufacturing Exhibition, to be Held in Suzhou, China

Retrieved on: 
Tuesday, May 30, 2023

(Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which develops the manufacturing business of TANAKA Precious Metals, is pleased to announce that it will exhibit at "Medtec China 2023" medical device design and manufacturing exhibition to be held in Suzhou, China on June 1 (Thursday) to June 3 (Saturday), 2023.

Key Points: 
  • (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which develops the manufacturing business of TANAKA Precious Metals, is pleased to announce that it will exhibit at "Medtec China 2023" medical device design and manufacturing exhibition to be held in Suzhou, China on June 1 (Thursday) to June 3 (Saturday), 2023.
  • The main exhibited products will include x-ray visible markers, platinum (Pt) alloy wire, electrode tips, and laser-cut parts.
  • The trend in medical settings in recent years has been for low damage (minimally invasive or non-invasive) surgery and medical treatments that impose little physical burden on patients.
  • TANAKA Precious Metals is contributing to the development of the medical and healthcare industry technology by utilizing its precious metal technology cultivated over many years.

FAZE CLAN WINS INTEL GRAND SLAM IN COUNTER STRIKE: GLOBAL OFFENSIVE - A RECORD-BREAKING ACCOMPLISHMENT AS THE FIRST INTERNATIONAL ROSTER TO REACH THIS MILESTONE

Retrieved on: 
Monday, March 27, 2023

LOS ANGELES, March 27, 2023 /PRNewswire/ -- FaZe Holdings Inc. (Nasdaq: FAZE) ("FaZe Clan"), the lifestyle and media platform rooted in gaming and youth culture, is celebrating FaZe's Counter Strike: Global Offensive (CS:GO) esports team winning ESL Pro League Season 17 and accomplishing the highest prize in competitive CS:GO, an Intel Grand Slam. A Grand Slam is awarded to the first team that wins four S-Tier events organized by ESL during a window of 10 consecutive events. FaZe Clan's CS:GO team secured this feat with a dominating run through 2022 and into 2023, bringing home wins at IEM: Katowice 2022, EPL Season 15, IEM: Cologne 2022, and Sunday at EPL Season 17.

Key Points: 
  • A Grand Slam is awarded to the first team that wins four S-Tier events organized by ESL during a window of 10 consecutive events.
  • With their win, FaZe Clan's CS:GO team was awarded a $1,000,000 prize for the Intel Grand Slam plus $200,000 in tournament cash prizes.
  • FaZe Clan's CS:GO team is comprised of Finn " FaZe Karrigan " Andersen, Håvard " FaZe Rain " Nygaard, Helvijs " FaZe Broky " Saukants, Russel " FaZe Twistzz " Van Dulken, Robin " FaZe Ropz " Kool, and coach Robert " FaZe RobbaN " Dahlström.
  • The EPL Season 17 championship brings FaZe Clan to 38 total world championships across all 15 esports pro teams.

AM Best Requests Comments on Proposed Revisions to Best’s Credit Rating Methodology and Available Capital and Holding Company Analysis

Retrieved on: 
Tuesday, February 28, 2023

The main updates to BCRM focus on Section IV: Insurance Holding Company and Issue Credit Ratings.

Key Points: 
  • The main updates to BCRM focus on Section IV: Insurance Holding Company and Issue Credit Ratings.
  • The proposed changes are primarily related to the notching used to derive the Long-Term Issuer Credit Rating (Long-Term ICR) of an insurance holding company.
  • AM Best does not expect that the implementation of the proposed revisions to “Available Capital and Insurance Holding Company Analysis” will result in changes to any published ratings.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Hisense's Value-Based Innovation Becomes the Pivotal Driving Force to Achieve Brand Growth

Retrieved on: 
Monday, November 21, 2022

To uncover Hisense's substantial growth, a partnered feature from the Financial Times on Nov. 21struns through the brand's endeavors in notching all-around achievements and more specifically, its innovation strategy which serves as a decisive factor in the overall brand growth.

Key Points: 
  • To uncover Hisense's substantial growth, a partnered feature from the Financial Times on Nov. 21struns through the brand's endeavors in notching all-around achievements and more specifically, its innovation strategy which serves as a decisive factor in the overall brand growth.
  • For Hisense, however, it's precisely its dynamic innovation strategy that enables continued brand growth.
  • Hisense's vigorous efforts in its ESG practices both facilitate the building of an organic innovation strategy and advance Hisense's sustainability agenda.
  • Powered by value-based innovation, Hisense will adhere to its long-term agendas and strategic goals, continuing to thrive in technology, R&D, supply chain, brand value, and talent.