Streetbeat News

Partnerships

BKH

BW

Babcock & Wilcox and Black Hills Energy have been awarded a $16 million grant by the Wyoming Energy Authority to support the development of a clean hydrogen generation facility at the Neil Simpson Power Plant in Gillette, Wyoming. This initiative is part of efforts to advance clean energy solutions.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:37 am

CNTG

Centogene has received accreditation from the French Ministry of Higher Education and Research, qualifying it to support partners in R&D projects in France. This accreditation is part of the French R&D Tax Credit Initiative and is valid for three years.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:33 am

GOEV

Canoo has secured a deal with the U.S. Postal Service to supply six electric vehicles, specifically the right-hand drive versions of the LDV 190, with delivery expected in Q1 2024. This deal is part of the USPS's $40 billion investment strategy to modernize its fleet.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:07 am

NOK

Nokia has signed a multi-year 5G patent cross-license agreement with OPPO, which includes royalty payments and catch-up payments from OPPO. This agreement settles all pending patent litigation between the two companies across all jurisdictions. The specific terms of the agreement are confidential.

Portfolio Pulse from Charles Gross

January 24, 2024 | 10:51 am

CRGO

WebCargo by Freightos has announced a partnership with JALCARGO, the cargo division of Japan Airlines. This collaboration aims to enhance digital air cargo bookings and operations. The partnership is expected to streamline processes and improve efficiency in the air cargo industry.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:40 am

SLI

Standard Lithium Ltd. is progressing with its South West Arkansas Lithium Project by selecting a firm to conduct a Definitive Feasibility Study (DFS) and Front-End Engineering Design (FEED). This step is crucial for the project's development, as it will provide detailed engineering and cost estimates necessary for construction and operations. The advancement of the project is a positive move for Standard Lithium, indicating its commitment to moving forward with lithium production in Arkansas.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:38 am

ORAN

Orange Business has partnered with Tēnaka to scale up coral reef restoration in a Marine Protected Area of the Coral Triangle in Malaysia. This collaboration aims to enhance the protection and restoration of marine ecosystems.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:01 am

NFLX

Netflix Inc. (NASDAQ:NFLX) is exploring the expansion of its gaming portfolio following the success of Grand Theft Auto Trilogy on its platform. Co-CEO Greg Peters highlighted the game's high download and engagement numbers, which surpassed expectations and led to a threefold increase in game engagement over the past year. Netflix sees a $140 billion consumer spend opportunity in gaming, excluding China and Russia. The company plans to continue investing in gaming, with a focus on licensing existing games, some with exclusivity, as part of its strategy. Peters mentioned the possibility of adding popular titles like Candy Crush or Fortnite. Netflix also discussed a crackdown on password sharing, which has increased engagement and new user sign-ups, and its venture into sports entertainment through a partnership with WWE.

Portfolio Pulse from Ananya Gairola

January 24, 2024 | 7:34 am

F

The USPS showcased its new fleet of electric delivery vehicles from Ford Motor Co at the South Atlanta Sorting and Delivery Center. The USPS plans to procure 21,000 EVs, including 9,250 from Ford, to achieve a target of 66,000 EVs by 2028. The Ford EVs have three times the capacity of current vehicles and will start operations in Georgia. Siemens, Rexel/Chargepoint, and Blink will supply the first 14,000 EV chargers for USPS's new sorting and delivery centers.

Portfolio Pulse from Anan Ashraf

January 24, 2024 | 7:22 am

CLMT

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) announced the replacement of its previous Supply and Offtake Agreements for its Shreveport and Montana Refining facilities with a new agreement with J. Aron and an expansion of its Asset Backed Loan facility. The new Shreveport SOA was entered into on January 17, 2024, and the ABL facility has been increased to support inventories previously covered under the Montana Refining SOA.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:52 am