NBP

RealWork Labs Launches the World's First Neighborhood Brand Platform, Crux Revolutionizing the Home Service Business Industry

Retrieved on: 
Thursday, May 25, 2023

Crux emphasizes that great work should be the driving factor for success rather than the amount spent on marketing campaigns.

Key Points: 
  • Crux emphasizes that great work should be the driving factor for success rather than the amount spent on marketing campaigns.
  • The Crux Mobile and Desktop app will launch first, followed by integrating Crux platform features with other systems businesses use.
  • Join the revolution and experience the benefits of the world's first Neighborhood Brand Platform - Crux.
  • For more information about RealWork Labs and Crux their Neighborhood Brand Platform, visit realworklabs.com.

ICE Announces Record Depths of Liquidity Across U.S. Natural Gas Markets

Retrieved on: 
Thursday, March 30, 2023

On March 28, 2023, open interest hit a record high of 17.45 million contracts across North American natural gas futures.

Key Points: 
  • On March 28, 2023, open interest hit a record high of 17.45 million contracts across North American natural gas futures.
  • On March 28, 2023, U.S. financial natural gas futures and options hit record open interest of 10.4 million, with open interest up 11% y/y.
  • On March 28, 2023, ICE’s total natural gas complex reached record open interest of 19.19 million in futures, surpassing the record last set in June 2021.
  • ICE’s markets include the U.S. natural gas benchmark Henry Hub, the Canadian natural gas benchmark AECO, ICE’s European natural gas benchmark TTF and TTF 1st line contract, ICE’s UK natural gas benchmark NBP, and ICE JKM LNG (Platts) the benchmark price for natural gas for North-East Asia.

NBP declared winner of the Central Banking ‘Currency Manager’ Award

Retrieved on: 
Wednesday, March 22, 2023

The National Bank of Poland and the National Bank of Ukraine announced the winners of the "Currency Manager" Central Banking Award - the 10th edition of the prestigious award in the world of central banking.

Key Points: 
  • The National Bank of Poland and the National Bank of Ukraine announced the winners of the "Currency Manager" Central Banking Award - the 10th edition of the prestigious award in the world of central banking.
  • Warsaw, March 22, 2023 - Narodowy Bank Polski is pleased to announce that it has won an award confirming the effectiveness of protection of the value of the Polish currency and its management by Narodowy Bank Polski - Central Banking "Currency Manager" Award .
  • The award was given for currency management in the face of Russian aggression in Ukraine.
  • In 2023, the Central Banking Awards were granted for the tenth time.

ICE Announces Plans to Implement EU Market Correction Mechanism and Related Price Cap on TTF Natural Gas

Retrieved on: 
Friday, January 27, 2023

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced how it intends to implement the European Union’s Market Correction Mechanism Regulation (MCM Regulation) and related price cap on TTF natural gas derivatives, in time for entry into force of the regulation.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced how it intends to implement the European Union’s Market Correction Mechanism Regulation (MCM Regulation) and related price cap on TTF natural gas derivatives, in time for entry into force of the regulation.
  • For details on the intended Rulebook changes and related guidance in respect of the MCM Regulation, please see https://www.theice.com/endex/circulars .
  • This may mean that settlement prices of TTF futures and options may deviate from the price cap when it is not reflecting fair market value.
  • This will provide market participants with optionality in the event the natural gas price rises, and the risk of the MCM price cap being triggered increases.

North Broward Prep Reaches the Largest Donation Ever Made by a School to the American Heart Association

Retrieved on: 
Friday, February 10, 2023

One of the top fundraisers is NBP student and survivor named Ethan; he is an 8-year-old in 1st grade.

Key Points: 
  • One of the top fundraisers is NBP student and survivor named Ethan; he is an 8-year-old in 1st grade.
  • Kathleen Malanowski, Head of Lower School Principal said, "Our school has a long-standing tradition of supporting the American Heart Association through the Kids Heart Challenge.
  • It speaks to the caring and compassionate community that North Broward Preparatory School embodies.
  • The North Broward Preparatory School offers a college-style campus of early 80 acres of grounds.

Finastra and InfoTech help NBP to modernize trade finance operations and boost growth

Retrieved on: 
Wednesday, November 2, 2022

KARACHI, Pakistan and SINGAPORE, Nov. 2, 2022 /PRNewswire/ -- Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra's Fusion Trade Innovation solution to power its trade finance operations. InfoTech (Pvt) Ltd., a leading systems integrator and Finastra's exclusive authorized and certified reseller in Pakistan, led the deal and implemented the solution, which will enable NBP to lower transaction costs and provide corporate customers with a superior user experience.

Key Points: 
  • KARACHI, Pakistan and SINGAPORE, Nov. 2, 2022 /PRNewswire/ -- Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra's Fusion Trade Innovation solution to power its trade finance operations.
  • "Having already built a relationship with Finastra and InfoTech, we are confident in their industry-leading offerings and the ongoing service they provide after implementation.
  • Fusion Trade Innovation will give us the tools we need to modernize, future-proof and ultimately grow our business."
  • "Fusion Trade Innovation is a comprehensive, modern solution that overcomes these challenges and we look forward to helping NBP take its trade finance business to a new level."

Finastra and InfoTech help NBP to modernize trade finance operations and boost growth

Retrieved on: 
Wednesday, November 2, 2022

KARACHI, Pakistan and SINGAPORE, Nov. 2, 2022 /PRNewswire/ -- Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra's Fusion Trade Innovation solution to power its trade finance operations. InfoTech (Pvt) Ltd., a leading systems integrator and Finastra's exclusive authorized and certified reseller in Pakistan, led the deal and implemented the solution, which will enable NBP to lower transaction costs and provide corporate customers with a superior user experience.

Key Points: 
  • KARACHI, Pakistan and SINGAPORE, Nov. 2, 2022 /PRNewswire/ -- Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra's Fusion Trade Innovation solution to power its trade finance operations.
  • "Having already built a relationship with Finastra and InfoTech, we are confident in their industry-leading offerings and the ongoing service they provide after implementation.
  • Fusion Trade Innovation will give us the tools we need to modernize, future-proof and ultimately grow our business."
  • "Fusion Trade Innovation is a comprehensive, modern solution that overcomes these challenges and we look forward to helping NBP take its trade finance business to a new level."

ICE to Launch European LNG Futures for North-West and South-West Europe and Three Supporting French, German and Italian Natural Gas Futures

Retrieved on: 
Thursday, October 27, 2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced plans to launch two liquid natural gas (LNG) futures contracts for North-West Europe and South-West Europe.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced plans to launch two liquid natural gas (LNG) futures contracts for North-West Europe and South-West Europe.
  • The price of natural gas in Europe remains high because of an imbalance between supply and demand, caused by the significant reduction in the supply of natural gas into Europe from Russia and the downstream impact of physical capacity constraints across the European natural gas network.
  • Additionally, ICE plans to launch three supporting French PEG, German THE and Italian PSV Natural Gas 1st Line contracts on December 5, subject to regulatory approval.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

HanAll's Licensed Partner in China Enters Sublicense Agreement with CSPC to Further Accelerate Development of Batoclimab

Retrieved on: 
Tuesday, October 11, 2022

The deal grants NBP Pharma the exclusive rights to develop and commercialize batoclimab in Greater China including mainland of China, HongKong, Macau,and Taiwan.

Key Points: 
  • The deal grants NBP Pharma the exclusive rights to develop and commercialize batoclimab in Greater China including mainland of China, HongKong, Macau,and Taiwan.
  • "We are pleased to have reached this agreement with Harbour BioMed," said Cuilong Zhang, CEO of CSPC through the press release by Harbour BioMed.
  • "Batoclimab is a promising innovative drug, and we hope to accelerate its clinical development, manufacturing, registration and commercialization in China, so as to benefit the patients in China better and earlier,"he added.
  • "HanAll welcomes CSPC to join our journey to develop innovative medicines for patients in China.

CF Fertilisers UK Announces Intention to Temporarily Halt Ammonia Production at Billingham Complex; Company Will Import Ammonia to Produce AN Fertiliser and Nitric Acid at Site

Retrieved on: 
Wednesday, August 24, 2022

CF Fertilisers UK, a subsidiary of CF Industries Holdings, Inc. (NYSE: CF), today announced its intention to temporarily halt ammonia production at the Billingham Complex due to market conditions.

Key Points: 
  • CF Fertilisers UK, a subsidiary of CF Industries Holdings, Inc. (NYSE: CF), today announced its intention to temporarily halt ammonia production at the Billingham Complex due to market conditions.
  • CF Fertilisers UK intends to use the sites capability to import ammonia to enable it to continue to run its ammonium nitrate (AN) and nitric acid upgrade plants.
  • The Company expects to fulfil all ammonia and nitric acid contracts and all orders of AN contracted for delivery in the coming months.
  • The Company has notified customers who purchase carbon dioxide (CO2) on a contract basis from the Billingham Complex about the impending temporary halt of ammonia production.