Semiconductor Manufacturing International Corp, China's largest chipmaker, has agreed to buy $1.2 billion in manufacturing tools from ASML Holding NV, according to a regulatory filing on Wednesday. In December, SMIC was one of dozens of firms put on a U.S. blacklist that required American semiconductor manufacturing equipment firms such as Applied Materials Inc and Lam Research Corp to obtain a license before exporting products to the chipmaker.
A Milan prosecutor has asked a court to lift in advance the special administration it had imposed on an Italian unit of Uber Technologies as part of a probe into alleged exploitation of food delivery riders, the company said. A judicial source confirmed the prosecutor's request. Italian magistrates in May placed the company under special administration, while they were looking into a case concerning around 1,000 delivery riders, who were alleged to have been paid three euros an hour to deliver meals.
The Ryanair boss has said vaccinated passengers will still have to wear masks on planes.
Industry digital transformation is entering a new stage, as the major economies are embracing leading-edge digital technologies to help the recovery from the COVID-19 pandemic. This is a great opportunity for communications service providers (CSPs) to scale up their businesses. The whitepaper Cross-Technology Collaboration (X-Tech) Enables Industry Digital Transformation, jointed published by Strategy Analytics and Huawei, reviews the requirements of industry digital transformation and maps out the role for CSPs in serving the transformation.
Repertoire Immune Medicines, a clinical-stage biotech company creating a new category of immune therapies for cancer, autoimmunity and infectious disease, today announced pre-published data revealing new insights into T cell recognition of SARS-CoV-2. This research indicates how SARS-CoV-2 variants may avoid immune surveillance and informs the design of new T cell-based vaccines that can provide long term immunity. The results also highlight the ability of Repertoire’s proprietary DECODE™ platform to identify T cells and the disease relevant epitopes that they engage, supporting the development of novel immune medicines. The manuscript summarizing these findings has been made available on the bioRxiv.org pre-print server.
NEW HAVEN, Conn., March 03, 2021 (GLOBE NEWSWIRE) -- Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Global-Tek Manufacturing and Machining Technology by Crawford United Corporation. Global-Tek Manufacturing in Ceiba, Puerto Rico and Machining Technology in Longmont, Colorado are businesses that provide customers in the defense, aerospace, and medical device markets with highly engineered manufacturing solutions, including CNC machining, die casting, anodizing, electro polishing, and laser marking. Crawford United Corporation, located in Cleveland, OH is a growth-oriented holding company providing specialty industrial products to diverse markets, including healthcare, aerospace, education, transportation, and petrochemical. About Woodbridge International Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business. Please Contact Don Krier 203-389-8400 x 201
Rise in adoption of UPS systems from residential and commercial sectors and surge in demand for reliable power solutions for supporting large-scale manufacturing facilities drive the growth of the global uninterrupted power supply system market. The market across Asia-Pacific is expected to register the highest CAGR of 5.1% during the forecast period. The Covid-19 pandemic resulted in shortage of workforce and due to social distancing norms, the new installations of UPS systems have been postponed.Portland, OR, March 03, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global uninterrupted power supply (UPS) system market was pegged at $7.4 billion in 2019, and is projected to reach $9.4 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027. Rise in adoption of UPS systems from residential and commercial sectors and surge in demand for reliable power solutions for supporting large-scale manufacturing facilities have boosted the growth of the global uninterrupted power supply system market. However, high maintenance cost of UPS systems hinders the market growth. On the contrary, developments such as Li-ion batteries with high operation temperature would open lucrative opportunities for the market players in the future. Download Sample PDF (258 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/5941 Covid-19 Scenario: The Covid-19 pandemic resulted in shortage of workforce and due to social distancing norms, the new installation of UPS systems has been postponed. However, the implementation of work from home culture and frequent power losses increased the demand for UPS systems. Manufacturing activities hampered owing to lockdown measures implemented by governments of several countries. Moreover, the shortage of raw materials as import-export activities banned in several countries. The global uninterrupted power supply system market is segmented on the basis of type, rating, end user, and region. Based on type, the line-interactive segment is anticipated to manifest the highest CAGR of 5.3% during the forecast period. However, the online segment held the largest share in 2019, accounting for around two-fifths of the market. Get detailed COVID-19 impact analysis on the Uninterrupted Power Supply (UPS) System Market Request Here Based on end-user, the industrial segment is projected to register the highest CAGR of 4.9% from 2020 to 2027. Moreover, the segment held the lion’s share in 2019, contributing to around two-fifths of the market. The global uninterrupted power supply system market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is expected to register the highest CAGR of 5.1% during the forecast period. However, the market across North America held the largest share in 2019, contributing to more than two-fifths of the market. Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/5941 The global uninterrupted power supply system market report includes an in-depth analysis of the major market players such as Schneider Electric Se, Abb Ltd., Soro Electronics, Luminous power technologies, MICROTEK, Delta Electronics Inc., Emersion Electric Co., and Huawei Technologies Co., Ltd. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: (Pre-Book Now with 10% Discount) Green UPS Market: Global Opportunity Analysis and Industry Forecast 2020 - 2027 World Transformerless UPS Market - Opportunities and Forecasts, 2020-2027 Industrial Power Supply Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Battery Energy Storage Market: Global Opportunity Analysis and Industry Forecast 2020-2027 Generator Market - Global Opportunity Analysis and Industry Forecast, 2020-2027 Commercial Gensets Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 About us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. 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LEBEC, Calif. (AP) _ Tejon Ranch Co. (TRC) on Wednesday reported a fourth-quarter loss of $123,000, after reporting a profit in the same period a year earlier. The Lebec, California-based company said it had a loss of less than 1 cent on a per-share basis. Tejon shares have increased 15% since the beginning of the year.
Britain is taking steps to establish London as a global hub for the trade of voluntary carbon offsets, finance minister Rishi Sunak said on Wednesday. The market for carbon offsets is expected to soar over the next few years as companies seek to buy carbon credits to help meet their climate targets and compensate for emissions they are unable to cut themselves. A new group will be established, led by former London Stock Exchange Group chief executive Clara Furse, "with the aim of positioning the UK and the City of London as the leader of the global voluntary carbon markets," Sunak said when unveiling the country's budget.
Brazil's Braskem Idesa must pay more of the costs in a new gas supply agreement with state oil firm Petroleos Mexicanos (Pemex) that will save Mexico some 13.75 billion pesos ($661 million), Pemex Chief Executive Octavio Romero said on Wednesday. Under a deal struck last month, Pemex said it will only be required to supply ethane gas to Braskem Idesa until 2024 and would avoid past penalties for failing to meet the terms of the original contract, which the government has pilloried as unfair.
Indoo Ki Jawani takes too long to get to its big reveal and once there the film is so completely lacking in nuance and imagination that it soon squanders away the potential in the concept.
Global GPS Bike Computers Market to Reach $743. 8 Million by 2027. Amid the COVID-19 crisis, the global market for GPS Bike Computers estimated at US$526. 7 Million in the year 2020, is projected to reach a revised size of US$743.New York, March 03, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global GPS Bike Computers Industry" - https://www.reportlinker.com/p05956873/?utm_source=GNW 8 Million by 2027, growing at aCAGR of 5.1% over the period 2020-2027. Mapping, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$475.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-mapping segment is readjusted to a revised 5.4% CAGR for the next 7-year period. The U.S. Market is Estimated at $155.2 Million, While China is Forecast to Grow at 4.7% CAGR The GPS Bike Computers market in the U.S. is estimated at US$155.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$131.5 Million by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.We bring years of research experience to this 6th edition of our report. The 138-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others, Bryton Inc.CatEye Co., Ltd.Garmin Ltd.Lezyne Inc.Polar Electro Oy Read the full report: https://www.reportlinker.com/p05956873/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Global Competitor Market Shares GPS Bike Computers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: GPS Bike Computers Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 2: GPS Bike Computers Market Share Shift across Key Geographies Worldwide: 2020 VS 2027 Table 3: Mapping (Product Type) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 4: Mapping (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027 Table 5: Non-mapping (Product Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027 Table 6: Non-mapping (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027 Table 7: Fitness and commuting (End-use Industry) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 8: Fitness and commuting (End-use Industry) Market Share Breakdown by Region/Country: 2020 VS 2027 Table 9: Athletics and sports (End-use Industry) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027 Table 10: Athletics and sports (End-use Industry) Share Breakdown Review by Region/Country: 2020 VS 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US GPS Bike Computers Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 11: United States GPS Bike Computers Market Estimates and Projections in US$ Thousand by Product Type: 2020 to 2027 Table 12: United States GPS Bike Computers Market Share Breakdown by Product Type: 2020 VS 2027 Table 13: United States GPS Bike Computers Latent Demand Forecasts in US$ Thousand by End-use Industry: 2020 to 2027 Table 14: GPS Bike Computers Market Share Breakdown in the United States by End-use Industry: 2020 VS 2027 CANADA Table 15: Canadian GPS Bike Computers Market Estimates and Forecasts in US$ Thousand by Product Type: 2020 to 2027 Table 16: GPS Bike Computers Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027 Table 17: Canadian GPS Bike Computers Market Quantitative Demand Analysis in US$ Thousand by End-use Industry: 2020 to 2027 Table 18: Canadian GPS Bike Computers Market Share Analysis by End-use Industry: 2020 VS 2027 JAPAN Table 19: Japanese Market for GPS Bike Computers: Annual Sales Estimates and Projections in US$ Thousand by Product Type for the Period 2020-2027 Table 20: Japanese GPS Bike Computers Market Share Analysis by Product Type: 2020 VS 2027 Table 21: Japanese Demand Estimates and Forecasts for GPS Bike Computers in US$ Thousand by End-use Industry: 2020 to 2027 Table 22: GPS Bike Computers Market Share Shift in Japan by End-use Industry: 2020 VS 2027 CHINA Table 23: Chinese GPS Bike Computers Market Growth Prospects in US$ Thousand by Product Type for the Period 2020-2027 Table 24: Chinese GPS Bike Computers Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027 Table 25: Chinese Demand for GPS Bike Computers in US$ Thousand by End-use Industry: 2020 to 2027 Table 26: Chinese GPS Bike Computers Market Share Breakdown by End-use Industry: 2020 VS 2027 EUROPE Market Facts & Figures European GPS Bike Computers Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 27: European GPS Bike Computers Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025 Table 28: European GPS Bike Computers Market Share Shift by Region/Country: 2020 VS 2027 Table 29: European GPS Bike Computers Market Estimates and Forecasts in US$ Thousand by Product Type: 2020-2027 Table 30: European GPS Bike Computers Market Share Breakdown by Product Type: 2020 VS 2027 Table 31: European GPS Bike Computers Addressable Market Opportunity in US$ Thousand by End-use Industry: 2020-2027 Table 32: European GPS Bike Computers Market Share Analysis by End-use Industry: 2020 VS 2027 FRANCE Table 33: GPS Bike Computers Market in France by Product Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 34: French GPS Bike Computers Market Share Analysis by Product Type: 2020 VS 2027 Table 35: GPS Bike Computers Quantitative Demand Analysis in France in US$ Thousand by End-use Industry: 2020-2027 Table 36: French GPS Bike Computers Market Share Analysis: A 7-Year Perspective by End-use Industry for 2020 and 2027 GERMANY Table 37: GPS Bike Computers Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product Type for the Period 2020-2027 Table 38: German GPS Bike Computers Market Share Breakdown by Product Type: 2020 VS 2027 Table 39: GPS Bike Computers Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-use Industry for the Period 2020-2027 Table 40: GPS Bike Computers Market Share Distribution in Germany by End-use Industry: 2020 VS 2027 ITALY Table 41: Italian GPS Bike Computers Market Growth Prospects in US$ Thousand by Product Type for the Period 2020-2027 Table 42: Italian GPS Bike Computers Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027 Table 43: Italian Demand for GPS Bike Computers in US$ Thousand by End-use Industry: 2020 to 2027 Table 44: Italian GPS Bike Computers Market Share Breakdown by End-use Industry: 2020 VS 2027 UNITED KINGDOM Table 45: United Kingdom Market for GPS Bike Computers: Annual Sales Estimates and Projections in US$ Thousand by Product Type for the Period 2020-2027 Table 46: United Kingdom GPS Bike Computers Market Share Analysis by Product Type: 2020 VS 2027 Table 47: United Kingdom Demand Estimates and Forecasts for GPS Bike Computers in US$ Thousand by End-use Industry: 2020 to 2027 Table 48: GPS Bike Computers Market Share Shift in the United Kingdom by End-use Industry: 2020 VS 2027 REST OF EUROPE Table 49: Rest of Europe GPS Bike Computers Market Estimates and Forecasts in US$ Thousand by Product Type: 2020-2027 Table 50: Rest of Europe GPS Bike Computers Market Share Breakdown by Product Type: 2020 VS 2027 Table 51: Rest of Europe GPS Bike Computers Addressable Market Opportunity in US$ Thousand by End-use Industry: 2020-2027 Table 52: Rest of Europe GPS Bike Computers Market Share Analysis by End-use Industry: 2020 VS 2027 ASIA-PACIFIC Table 53: GPS Bike Computers Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 54: Asia-Pacific GPS Bike Computers Market Share Analysis by Product Type: 2020 VS 2027 Table 55: GPS Bike Computers Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-use Industry: 2020-2027 Table 56: Asia-Pacific GPS Bike Computers Market Share Analysis: A 7-Year Perspectiveby End-use Industry for 2020 and 2027 REST OF WORLD Table 57: Rest of World GPS Bike Computers Market Estimates and Forecasts in US$ Thousand by Product Type: 2020 to 2027 Table 58: GPS Bike Computers Market in Rest of World: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027 Table 59: Rest of World GPS Bike Computers Market Quantitative Demand Analysis in US$ Thousand by End-use Industry: 2020 to 2027 Table 60: Rest of World GPS Bike Computers Market Share Analysis by End-use Industry: 2020 VS 2027 IV. COMPETITION Total Companies Profiled: 42Read the full report: https://www.reportlinker.com/p05956873/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001
Sapphire Bay announces the addition of the Sapphire Bay Resort, a Destination Hotel to anchor $1 billion mixed-use community.
(Bloomberg) -- Stocks fluctuated as a surge in Treasury yields added to concern over stretched valuations amid an uneven economic rebound from a pandemic-induced recession. The dollar rose.The S&P 500 was little changed as benchmark 10-year yields surged to as high as 1.4790%. Earlier Wednesday, stock futures dropped on data showing the number of employees at U.S. businesses rose in February by less than expected. Cryptocurrency-exposed shares jumped, with Bitcoin topping $50,000.Wednesday’s jobs reading indicate that employment gains continue to be held back by pandemic-related constraints on businesses and economic activity. Even so, many analysts expect a meaningful improvement in the labor market in the coming months as Covid-19 vaccinations pick up and virus concerns ease. The Senate is planning to formally open debate on President Joe Biden’s pandemic-relief bill as soon as Wednesday afternoon.“The markets have been all over the place for the past few days, alternating between ‘risk-on’ and ‘risk-off’ as investors have tried to weigh the impact of rising yields against the prospects of a strong economic rebound with the ongoing Covid vaccine rollouts,” said Fawad Razaqzada, an analyst at ThinkMarkets.Buying U.S. stocks with borrowed money has yet to become excessive even after a bull-market surge, according to Stephen Suttmeier, a Bank of America Corp. analyst. He cited a comparison between the total amount of margin debt and the S&P 500’s market value in a report Monday. Margin loans increased 66% to a record $798.6 billion for the 10 months ended in January, data compiled by the Financial Industry Regulatory Authority show. The latest total equaled 2.5% of the S&P 500’s value, below a peak of 3.1% in January 2014.“Investors are not over-levered,” Suttmeier wrote.Some key events to watch this week:OPEC+ meeting on output Thursday.U.S. factory orders, initial jobless claims and durable goods orders are due Thursday.The February U.S. employment report on Friday will provide an update on the speed and direction of the nation’s labor market recovery.These are some of the main moves in markets:StocksThe S&P 500 Index was little changed as of 9:34 a.m. New York time.The Stoxx Europe 600 Index decreased 0.2%.The MSCI Asia Pacific Index gained 1.2%.The MSCI Emerging Market Index advanced 1.5%.CurrenciesThe Bloomberg Dollar Spot Index increased 0.3%.The euro declined 0.4% to $1.2048.The Japanese yen depreciated 0.2% to 106.93 per dollar.BondsThe yield on 10-year Treasuries rose eight basis points to 1.47%.Germany’s 10-year yield climbed four basis points to -0.32%.Britain’s 10-year yield advanced seven basis points to 0.761%.CommoditiesWest Texas Intermediate crude advanced 1% to $60.34 a barrel.Gold slid 1.4% to $1,713.59 an ounce.Silver fell 2.2% to $26.17 per ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- European stocks erased their earlier gains by Wednesday afternoon, turning negative as a spike in U.S. bond yields put a damper on risk assets worldwide.The Stoxx Europe 600 Index was down 0.1% as of 2:37 p.m. in London. Cyclical industries remained in the lead across the region, with automotive stocks recording their biggest jump in two weeks. Britain’s FTSE 100 remained the best-performing major benchmark after the government’s spring budget delivered on most economic support measures investors were hoping for.British housebuilders and pub owners defied the wider slump and extended gains, after a tax perk for home purchases and sales levy breaks for the hospitality sector were extended. While “most announcements in the budget were fairly well trailed beforehand,” CMC Markets Chief Market Analyst Michael Hewson said that a tax cut on business investments could fuel an inflationary spending boom of company cash.Equities in Europe have had a bumpy start to 2021, with a vaccination-driven rally peaking in mid-February as year-end earnings cast doubt on the speed of economic recovery. Since then, spiking yields in U.S. treasuries and German bunds have additionally eaten into investors’ appetite for stocks, particularly weighing on so-called bond-proxy haven sectors.“Markets are transitioning to a more robust and mature phase of the recovery trade,” according to Barclays Plc strategists led by Emmanuel Cau. They expect European stocks to continue to catch-up with U.S. peers, because cheaper value shares and non-U.S. equities stand to benefit from rising growth and inflation expectations.Automotive stocks accounted for most of the day’s top performers, buoyed by overall cyclical strength, while UBS Group AG analyst upgrades additionally boosted Renault SA and Continental AG. British insurer Hiscox Ltd. trailed the pack, having scrapped its dividend amid worse-than-expected gross written premiums.You want more news on this market? Click here for a curated First Word channel of actionable news from Bloomberg and select sources. It can be customized to your preferences by clicking into Actions on the toolbar or hitting the HELP key for assistance.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
COVID ward doctor Lukasz Grabarczyk fears his city of Olsztyn in Poland's north-eastern lake district is starting to experience its worst period of the pandemic, as it becomes the epicentre of the country's third wave. Epidemiologists and doctors are trying to find out why the sparsely-populated region, which up until now had low infection rates, has seen such a sharp spike, especially of the variant first detected in Britain, and believe Poles returning from there may be behind it. Its infection rates per 100,000 people are consistently more than double the national average, according to recent data.
The gold futures for April were down 0.96 percent or Rs 435.00 to Rs 45,113.00 per 10gm on MCX at 4.37 pm today
The Chancellor announced an extension to the furlough scheme, as well as an increase in corporation tax.
The Samserganj Assembly constituency is expected to go to polls in April-May 2021, as part of the West Bengal Assembly election 2021.
NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- The Coalition United for a Responsible Exxon (CURE) today issued the following statement in regards to recent disclosures by ExxonMobil Corporation (NYSE: XOM) (“Exxon” or the “Company”): Exxon has demonstrably failed over the last decade to deliver long-term shareholder value against the wider market and among its peers. The Company's Board of Directors faces pressure to undertake a long list of strategic actions: reversing value destruction; improving investment quality; cutting debt; seizing the opportunity to lead in the low-carbon energy market; and strengthening environmental and safety performance. The recent announcement of new board candidates, including one with climate and ESG experience (Jeff Ubben), indicates that the company may intend to change. However, CURE, a shareholder coalition with 145 members and $2.5 trillion in AUM, will remain vigilant and focused on the specific changes required to put Exxon on a stronger path. CURE acknowledges that, since the engagement of activist investors over the past six months, Exxon has taken what appears to be initial steps in the right direction. However, Exxon needs to commit to a deeper, long-term shift of its capital allocation strategies to be consistent with the Paris Agreement, streamlining its upstream and downstream to focus on the highest-returning assets and pursuing credible pathways towards a 2050 net zero greenhouse target, which must include renewable energy, clean hydrogen and carbon capture. Finally, the Company needs to address its corporate governance issues, including splitting its CEO and Board chair positions to foster board independence, aligning executive compensation with shareholder value creation, ensuring its corporate and trade association lobbying is aligned with the aims of the Paris Agreement, and adopting a uniform system of accountancy to meet basic tests of transparency. CURE sent a letter to Exxon’s Board last month outlining the need for change at the Board level and support for multiple shareholder resolutions. The coalition continues to urge Exxon to further enhance its Board of Directors to address fiduciary and climate concerns. The coalition will continue to monitor and assess the Company’s progress at the Board level and all material changes to its business, strategy and governance. The Coalition for a Responsible Exxon (“CURE”) represents a global spectrum of stakeholders focused on sustainability and committed to delivering long-term returns that account for the realities of a changing climate and energy sector. As of March 1, 2021, CURE brings together over 145 institutional members, who collectively represent circa $2.5 trillion in assets. Media ContactDan Gagnier / Jeffrey MathewsGagnier Communications+1-646-569-5897CURExxon@gagnierfc.com