SC, ECP would decide time frame of next elections: Sanaullah

Minister for Interior Rana Sanaullah has said the Supreme Court and Election Commission of Pakistan (ECP) would decide the time frame of the next elections.

Talking to a private television channel, he said the Punjab chief minister forwarded the request to the Punjab governor for dissolving assemblies. The next elections would be conducted after the final decision of the ECP.

Rana Sanaullah said the interim setup would ask the election commission to make necessary arrangements for the next elections in Punjab and Khyber Pakhtunkhwa.

Source: Radio Pakistan

Pakistan to soon come out of economic crisis: Ahsan

Minister for Planning and Development Ahsan Iqbal says Pakistan’s economy stands on strong foundations and it would come out of economic crisis very soon.

Talking to BBC, he said despite economic challenges Pakistan will not default in any case.

Speaking about the flood damages in Pakistan, Ahsan Iqbal said over 1700 people died across the country during the torrential rains and floods last year.

He said the rehabilitation and reconstruction continues in the flood hit areas. However, complete recovery would take two to three years’ time.

Source: Radio Pakistan

CHiQ Awarded International Accolades for Its Strong Brand Power

ZHONGSHAN, China, Jan. 11, 2023 /PRNewswire/ — Changhong, a top Chinese electrical household appliance maker and its premium brand CHiQ have recently been named as one of the 2022-2023 Global TV Brands Top 10. The Global Top Brands is a world-class event of authority, professionalism, and credibility – the hall of honor in international consumer electronics. The roster of 2022-2023 Global Top Brands and a number of single product awards were announced at the 56th International Consumer Electronics Show (CES 2023), one of the top ten annual events for the global technology industry, which was held in Las Vegas from January 5 to 8. This year’s CES marks the beginning of a broad offline recovery.

Changhong created the CHiQ brand for long-term growth in the home Internet consumer electronics space. The brand offers a diverse range of products, including televisions, refrigerators, and air conditioners. Changhong expects to provide consumers with a more comfortable and self-contained living experience through CHiQ.

CHiQ has steadily expanded into global markets since 2017, with a presence in more than 30 countries and over 40 multi-market e-commerce platforms including Amazon, Lazada, and Shopee. With the garnering of the 2022-2023 Global TV Brands Top 10 award serving as a testimonial to its success, CHiQ is increasingly becoming known to consumers outside of China by virtue of its own strength and the many media channels through which the brand is promoted, all of which serve to increase brand influence.

CHiQ aims to make every person’s home a living space from which they can gain spiritual satisfaction by providing a line-up of intelligent, full-of-design, and innovative products that resonate with their life values (by being colorful, engaging, positive, and enjoyable). To this end, CHiQ developed the idea of +More (“Get + MORE Out Of Your Life”), from which it is possible to draw the concepts of +design, +fun, +creative, +choice, +style, and +value.

Today, CHiQ’s product categories are expanding beyond TVs, refrigerators, and air conditioners to include washing machines, monitors, and floor sweepers. The competitiveness of its product line is also growing at the same time. High-quality products are the foundation of the brand. With this in mind, CHiQ will continue to hone its technical abilities to deliver intelligent and reliable products that create a digitally smart life for its users.

GWH, GWH.WT EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ESS Tech, Inc. Investors to Inquire About Securities Class Action Investigation – GWH, GWH.WT

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate securities claims on behalf of shareholders of ESS Tech, Inc. (NYSE: GWH, GWH.WT) resulting from allegations that ESS Tech may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased ESS Tech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=10877 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On December 7, 2022, Grizzly Research issued a report alleging ESS Tech’s partnership with Energy Storage Industries Asia Pacific (“ESI”) is not actually a third party but an entity completely reliant on ESS without a real office, staff, or current business. The report alleged that ESS Tech, developer and producer of utility-scale batteries for long duration storage of electricity, concealed its relationship with ESI before announcing their partnership, hid the fact that ESI is a de-facto subsidiary of ESS masking as a third-party client, and misled investors with their partnership announcement to signal business success to investors.

On this news, the price of ESS Tech’s shares fell $0.24, or over 7.7%, to close at $2.64 per share on December 7, 2022, damaging investors.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8728347

PHAT INVESTOR NOTICE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7943 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8728345