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Pinto - 1 MEO - 1 Ruy Pinto - 1 SpaceX's Starlink - 1 Chad Gibbs - 1 Starlink - 1 it's - 1 " Pinto - 1
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Search resuls for: "SES SA"


8 mentions found


☆ SpaceX’s Starlink partners with European satellite giant SES for combined cruise market service
  + stars: | 2023-09-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
SES will manage the joint offering, called "SES Cruise mPOWERED + Starlink," as a service that it says will provide high-speed, reliable internet service to cruise ships, regardless of whether they're clustered in port or far out at sea. PARIS – European satellite operator SES is teaming up with SpaceX's Starlink to offer a combined service to cruise operators, the companies announced on Wednesday. SpaceX has launched over 5,000 Starlink satellites to date and had over 1.5 million customers as of May. SES said it's in discussions with multiple initial cruise customers for the combined service, but declined to specify further. And the companies are also talking about other potential markets that would be a fit for the combined SES and Starlink service.
Persons: Pinto, MEO, Ruy Pinto, SpaceX's Starlink, Chad Gibbs, Starlink, it's, " Pinto Organizations: SES, GEO, MEO, LEO, CNBC, SpaceX, Starlink, Intelsat, Royal Caribbean Cruises, Revenue Locations: Luxembourg, PARIS, European
☆ Tackle demand, not supply, to cut emissions, oil bosses say
  + stars: | 2023-07-06 | by ( Dmitry Zhdannikov Ron Bousso Shadia Nasralla | Dmitry Zhdannikov | Ron Bousso | ) www.reuters.com   time to read: +4 min
But OPEC ministers and executives from oil companies told a two-day conference in Vienna governments needed to turn their attention from supply to demand. But record profits from oil and gas last year and relatively low returns from renewable energy prompted some investors to demand companies renew their focus on oil and gas to raise profits. DEMAND HITS RECORDMeanwhile, oil demand has reached new peaks of above 102 million barrels per day this year, recovering from a dip during the COVID-19 pandemic. It is expected to rise further, driven by strong demand from Asia and for petrochemical production, oil executives and analysts said. The oil industry has long said lower investment in oil and gas in the absence of a reduction in oil demand will only lead to higher prices.
Persons: Bernard Looney, Wael Sawan, Abu, Sultan al Jaber, Patrick Pouyanne, Jean Paul Prates, Prates, Amin Nasser, Dmitry Zhdannikov, Barbara Lewis Organizations: BP, of, Petroleum, Reuters, Bloomberg, Wall Street, Companies, Shell, BBC, Investments, Rystad Energy, Petrobras, PETR4, Saudi Aramco, Thomson Locations: Vienna, VIENNA, Ukraine, Asia, Abu Dhabi
☆ European shares slide at open on rate hike worries
  + stars: | 2023-06-22 | by ( ) www.reuters.com   time to read: +1 min
June 22 (Reuters) - European shares opened lower on Thursday on fears of continued monetary policy tightening, with London stocks falling on uncertainty about the size of the Bank of England's interest rate hike later in the day. The pan-European STOXX 600 index (.STOXX) fell 1.2% by 0716 GMT, while the FTSE 100 (.FTSE) index shed 1.2%. The BoE is set to raise interest rates for a thirteenth time in a row, a day after inflation data came in higher than expected again, but bets were almost evenly split between a 25-basis-point and 50-basis-point hike. Rate-sensitive technology shares (.SX8P) dropped 1.2%, while a 1.9% fall in auto stocks (.SXAP) led declines. In a bright spot, shares of SES SA rose 4.3% after it said that it has ceased merger talks with Intelsat.
Persons: BoE, Shreyashi Sanyal Organizations: Bank of, Wednesday, Federal Trade Commission, SES SA, Intelsat, Thomson Locations: London, Bengaluru
☆ Intelsat, SES end talks on $10 bln merger - Bloomberg News
  + stars: | 2023-06-21 | by ( ) www.reuters.com   time to read: 1 min
June 21 (Reuters) - Intelsat SA has ended negotiations to combine with SES SA (SESFg.LU) as it was not able to reach an agreement with the satellite company and its major stakeholders, Bloomberg News reported on Wednesday citing people familiar with the matter. SES had said in March it was in talks with Intelsat over a possible combination of their businesses that would create an industry giant. Bloomberg News reported in March the two companies were nearing a deal valued at more than $10 billion, including debt. Intelsat and SES did not immediately respond to Reuters' requests for comment. Reporting by Nilutpal Timsina in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Persons: Nilutpal, Krishna Chandra Organizations: Intelsat SA, SES SA, Bloomberg, SES, Intelsat, Bloomberg News, Thomson Locations: Bengaluru
☆ Satellite Operators SES, Intelsat Discuss Merger as Industry Looks to Consolidate
  + stars: | 2023-03-29 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Starlink, operated by Elon Musk’s SpaceX, uses a fleet of satellites to enable what is designed to be high-speed internet connections. Satellite operator SES SA on Wednesday said it is in talks with Intelsat about a possible combination, the latest example of satellite-internet providers seeking to merge as competition intensifies. Any deal between the two companies would position them to better compete with Starlink, the satellite-internet service operated by Elon Musk’s SpaceX.
☆ Satellite company SES confirms tie-up talks with Intelsat
  + stars: | 2023-03-29 | by ( ) www.reuters.com   time to read: +1 min
PARIS, March 29 (Reuters) - Satellite company SES (SESFg.LU) confirmed on Wednesday that it was in talks with U.S. rival Intelsat over a possible combination of their businesses that would create an industry giant. "In response to rumours in the market, SES S.A. confirms that the company has engaged in discussions regarding a possible combination with Intelsat," SES said. SES is aiming to reach an agreement with Intelsat as soon as the next few weeks, Bloomberg said, citing sources. Merger talks between the two signal further consolidation in the rapidly changing satellite Internet industry to challenge the likes of Elon Musk-owned SpaceX's Starlink and Amazon.com's (AMZN.O) Project Kuiper. The Paris-listed shares of Luxembourg-based SES (SESFg.LU), rose 3.4% on the report of the two sides nearing a deal, according to traders.
☆ Judge Orders Cruise Companies to Pay More Than $436 Million for Docking at Seized Terminal in Cuba
  + stars: | 2023-01-07 | by ( Mengqi Sun | ) www.wsj.com   time to read: +3 min
Four major cruise lines say they will appeal a recent ruling that would force them to pay roughly $436 million in total damages to a company that owned a port terminal in Havana prior to the Cuban Revolution. The ruling in favor of Havana Docks Corp., owner of the Havana Cruise Port Terminal before the Cuban revolution, marked an important milestone for Cuban-Americans seeking compensation for property confiscated by the Castro regime. Mickael Behn, a descendant of the original owners of Havana Docks. The verdict in favor of Havana Docks is the first from a district court, the data shows. The ruling comes after the judge in the case, Beth Bloom, signaled last March that she agreed that the use of the Cuban port constituted trafficking in confiscated property owned by Havana Docks.
☆ Taiwan central bank says it will not adopt foreign exchange control measures
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, Sept 28 (Reuters) - Taiwan's central bank said on Wednesday it will not adopt foreign exchange control measures and that foreign exchange management measures are enough to maintain financial market stability. Taiwan has never implemented foreign exchange controls and foreign exchange management measures are sufficient to maintain financial market stability, it added. If another U.S. rate hike causes a large outflow of foreign capital, the bank said it has sufficient capacity to respond to fluctuations in the foreign exchange market. "The bank will not adopt foreign exchange control measures," it added. In its statement, the bank noted Taiwan's large foreign exchange reserves, sound balance of payments, trade surplus and very low foreign debt levels.
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