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DUBLIN, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) ("Fusion Fuel” or the "Company”), a leader in full-service green hydrogen solutions, today announced the successful closing of its previously disclosed transaction to acquire a controlling stake in Quality Industrial Corp. (OTC Pink: QIND) ("QIND”) through a share exchange. The completion of this strategic acquisition strengthens Fusion Fuel's position in the energy engineering, supply, and services business, creating a robust platform to capitalize on growing demand in the renewable energy and industrial gas sectors. As part of the transaction, Fusion Fuel has made several key leadership changes to align with its strategic vision. Effective immediately, John-Paul Backwell has been appointed Chief Executive Officer and will join the Company's Board of Directors. Mr. Backwell will continue in his current role as Chief Executive Officer of QIND. Additionally, Frederico Figueira de Chaves, formerly the Company's Chief Executive Officer, will transition to the role of Chief Strategy Officer and Head of Hydrogen Solutions. Gavin Jones continues as the Company's Chief Financial Officer. Remarking upon the changes, Jeffrey Schwarz, Chairman of the Board of Fusion Fuel said, "We are thrilled to welcome Mr. Backwell to our executive leadership team, further strengthening the depth and breadth of our management capabilities. His extensive multidisciplinary experience in business management, with particular emphasis on the scaling of companies, international market development, and mergers and acquisitions-will be instrumental in driving Fusion Fuel's growth and delivering long-term value to its stakeholders. Over the course of his more than two-decade career, Mr. Backwell has demonstrated exceptional leadership, holding key roles as Chief Executive, Managing Director, and both Executive and Non-Executive Director.” Mr. Schwarz continued, "In his new role as Chief Strategy Officer and Head of Hydrogen Solutions, Mr. Figueira de Chaves will focus on operational excellence and driving innovation in Fusion Fuel's core hydrogen engineering capabilities.” John-Paul Backwell added: "I am honored to lead Fusion Fuel at this pivotal moment. This transaction marks a significant milestone in the evolution of Fusion Fuel's business, providing the scale, synergies, and expertise needed to drive growth and deliver exceptional value to our stakeholders. Together with Frederico and the rest of the team, I am excited to build a world-class platform for engineering and advisory services across the energy and industrial sectors, helping to shape the future of energy and sustainability.” The Company plans to hold an investor presentation to provide an overview of the strategic rationale behind this transaction, the vision for the combined company, and its plans for sustained growth in the hydrogen and industrial gases markets. The date and time of the presentation will be announced over the coming days, with access details to follow on the Company's website. Nasdaq Compliance Update The Company has also announced that the hearing to appeal the delisting of its securities from Nasdaq has been scheduled for January 7, 2025. Management is confident that following the close of this transaction and the consolidation of financials, Fusion Fuel will meet the stockholder equity requirements for continued listing. About Fusion Fuel Green plc Fusion Fuel Green plc (NASDAQ: HTOO) is a leading provider of full-service energy engineering and advisory solutions, specializing in green hydrogen and broader industrial gas applications. Through its majority-owned subsidiary, Quality Industrial Corp., Fusion Fuel now offers an expanded portfolio of services, including the design, supply, installation, and maintenance of energy systems, as well as the transport and distribution of liquefied petroleum gas. The Company serves a diverse customer base spanning commercial buildings, mixed-use developments, heavy industries, and food service sectors, while continuing to drive innovation in the renewable energy space. Fusion Fuel is committed to advancing the global energy transition by delivering sustainable, efficient, and reliable energy solutions. Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn . A description of the Stock Purchase Agreement, dated November 19, 2024 (the "Purchase Agreement”), among the Company, QIND, and certain shareholders of QIND (the "Sellers”) is contained in a report on Form 6-K that was furnished by the Company to the Securities and Exchange Commission (the "SEC”) on November 20, 2024, and a copy of which was included as an exhibit to such Form 6-K. The description above is qualified in its entirety by reference to the full text of such exhibit. The Purchase Agreement sets forth material terms and conditions for the transaction that, upon consummation, resulted in Fusion Fuel's acquisition of approximately 70% of the issued and outstanding share capital of QIND. Certain post-closing requirements are applicable, including stockholder approval of related matters and Nasdaq clearance of a new initial listing application, and failure to satisfy such requirements within a certain period may result in the unwinding of the acquisition by the Company of the shares of QIND. A further description of these requirements is contained in a report on Form 6-K that is being furnished by the Company to the SEC on or around the date hereof. There can be no assurance that post-closing requirements for the acquisition will be met. Forward-Looking Statements This press release includes "forward-looking statements.” Forward-looking statements may be identified by the use of words such as "estimate,” "plan,” "project,” "forecast,” "intend,” "will,” "expect,” "anticipate,” "believe,” "seek,” "target”, "may”, "intend”, "predict”, "should”, "would”, "predict”, "potential”, "seem”, "future”, "outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including without limitation, the ability of the Company, QIND, and the Sellers to obtain all necessary regulatory and other consents and approvals in connection with the acquisition, the Company's ability to complete the acquisition of QIND and integrate its business, obtain Nasdaq clearance of a new initial listing application in connection with the acquisition, and obtain stockholder approval of the matters to be voted on at a stockholders' meeting to approve matters required to be approved in connection with the Purchase Agreement. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel's Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements. Investor Relations Contact [email protected]Romania - Q&A - Extract from the press briefing (6 Dec. 2024)B.C. premier says feds and premiers have right-left strategy to tackle Trump tariffs

NEW YORK (AP) — Juan Soto appears on a timetable to decide on where to sign either before or during baseball’s winter meetings in Dallas, which run from Dec. 8-12. with the New York Yankees, New York Mets, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays, a person familiar with the negotiations said last week, speaking to The Associated Press on condition of anonymity because details were not announced. Soto’s agent, Scott Boras, asked teams to submit initial offers by Thanksgiving, a second person familiar with the talks said, also on condition of anonymity because it was not announced. Soto is the top player available among . A four-time All-Star, Soto finished third in AL MVP voting after hitting .288 with 41 homers, 109 RBIs and 129 walks. He has a .285 career average with 201 homers, 592 RBIs and 769 walks over seven major league seasons. Soto turned down a $440 million, 15-year offer from Washington in 2022, prompting the Nationals to trade him to San Diego, which then dealt him to the Yankees last December. Soto then combined with Aaron Judge to lead New York to the World Series, . In his pitch to teams, Boras highlighted that Soto joined Mickey Mantle as the only players with seven RBIs in a World Series at age 21 or younger when he was with Washington, and at 20 became the youngest player with five postseason homers. Soto’s .906 postseason OPS through age 25 topped Mantle (.900) and Derek Jeter (.852). How much money will Soto get? Soto is likely to seek a record contract, topping Shohei Ohtani’s with the Los Angeles Dodgers last December. That might not mean Soto gets more than $700 million, though. Because Ohtani’s deal included $680 million in deferred money payable through 2043, it can be valued by different methods. For instance, Ohtani’s contract is valued at $46.1 million per season ($461 million total) under MLB’s luxury tax system, which used a 4.43% discount rate. The players’ association uses a 5% rate, which puts Ohtani’s contract at $43.8 million per year. For MLB’s regular payroll calculations, a 10% discount rates values Ohtani’s deal at just $28.2 million. Which means if Soto gets even $462 million without deferred payments, there’s an argument that his deal is the most valuable in MLB history. By average annual value, pitchers and are tied for second in baseball history at $43.33 million as part of contracts they signed with the New York Mets, deals that expired at the end of the 2024 season. In terms of total value, Ohtani surpassed outfielder through 2030. MLB’s longest contract is outfielder through 2034. How could MLB’s luxury tax factor into team’s bids on Soto? The Mets, Yankees, Dodgers and Philadelphia Phillies all are likely to enter 2025 having paid luxury tax for three straight years, putting them at the highest rate: a 50% surcharge on payroll between $241 million and $261 million, 62% from $261 million to $281 million, 95% from $281 million to $301 million and 110% for each dollar above $301 million. Toronto may have dropped below the initial tax threshold this year, pending final figures next month. If the Blue Jays did fall under, their rates next year would reset to 20%, 32%, 62.5% and 80% for the four thresholds. The winter meetings would be a fitting place for Boras to announce a record deal If Soto reaches or announces an agreement at the winter meetings in Dallas’ Hilton Anatole, it would be a familiar location for a big Boras deal. Alex Rodriguez’s record $252 million, 10-year contract with the Texas Rangers was announced in December 2000 at what then was called the Wyndham Anatole Hotel. A-Rod’s deal more than doubled MLB’s previous high, a $121 million, eight-year contract between pitcher Mike Hampton and Colorado that was announced just two days earlier. “In two days, we’ve doubled a new highest salary,′′ said Sandy Alderson, then an executive vice president in the commissioner’s office. ”I don’t like the exponentiality of that.” Rodriguez was 25 at the time of the agreement with Texas, a free agent before entering his likely prime, like Soto. Besides Soto, which free agent hitters are available? Third baseman Alex Bregman, first basemen Pete Alonso and Christian Walker, and outfielders Anthony Santander and Teoscar Hernández are among the significant bats available to pursue and likely would interest some of the teams who fail to sign Soto. Bregman and Alonso, like Soto, are represented by Boras. ___ AP MLB:

B.C. premier says feds and premiers have right-left strategy to tackle Trump tariffs

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Scholastic Corporation Announces Third Quarter DividendMohamed Ibrahim (left) on stage with Petronas president and group chief executive officer and also UTP pro-chancellor Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz (front, third right) and others during the announcement of Malaysia’s first Bachelor of Integrated Engineering (Hons) programme. KUALA LUMPUR (Nov 27): Universiti Teknologi Petronas (UTP) has unveiled Malaysia’s first Bachelor of Integrated Engineering (Hons) programme, marking a groundbreaking step in engineering education. Scheduled to be offered next year, this programme reflects the university’s dedication to addressing global challenges and advancing innovation in the field. The programme was developed in collaboration with industry leaders and global academic institutions, and supported by the Ministry of Higher Education, Malaysian Qualifications Agency, and the Board of Engineers Malaysia. In his remarks, UTP vice-chancellor Prof Dato Dr Mohamed Ibrahim Abdul Mutalib emphasised the programme’s transformative approach, blending technical disciplines with humanities to produce engineers who were not only skilled, but also ethical and resilient. He also highlighted the importance of cultivating human-centred engineers who could develop sustainable solutions and lead in addressing global challenges. “The Bachelor of Integrated Engineering aims to produce versatile engineers who are innovators, entrepreneurs, tech and digital champions, and sustainability advocates. “The UTP has designed this curriculum to offer interdisciplinary and multidisciplinary learning experiences, immersive industry exposure from the outset, and a seven-month structured internship. “The programme also provides international experiences and a robust career pipeline with leading local and global companies. “This initiative aligns with our vision of becoming a premier energy and technology university by 2050. It underscores the university’s commitment to developing adaptable, ethical and innovative engineers who can contribute meaningfully to societal transformation and sustainability,” said UTP in a statement. The launch coincided with the two-day ‘THE Campus Live Southeast Asia 2024’ at Kuala Lumpur Convention Centre hosted by UTP, which concludes today (Nov 27). The event has brought together education leaders, industry partners and policymakers to explore strategies for achieving institutional success. The event’s theme, ‘From Vision to Action: Driving Growth and Inclusive Transformation Through Partnership’, highlights the critical role of institutions of higher education in addressing workforce demands and fostering societal growth. As Southeast Asia’s young population and dynamic job market continue to expand, programmes like UTP’s Integrated Engineering Degree demonstrate the potential of education to shape a skilled and empowered workforce.

The morning catch up: Aussie shares to rally, US markets respond to the first tariff announcements

By Lauren Schwahn, NerdWallet As we get deeper into the holiday season, it may feel like your expenses are piling up. Reducing your monthly bills can be one way to ease the pressure on your budget. Lowering your bills might be easier than you think. With a phone call and a little preparation, you may be able to save money on internet, phone, cable or utility bills — and maybe others. Talking to your service providers could, for example, get you a lower rate or promotional discount, or point you toward a financial assistance program. Use these expert tips to negotiate better deals with customer service representatives. The outcome of the conversation can largely depend on when you pick up the phone. Choose a moment when you have time — and patience — to spare, so you can focus fully on the call. People should avoid calling when “they’re going to be rushed, or they’re cranky, or they’ve got a kid screaming in the background, or it’s 4 on a Friday and they’ve had a bad week,” says Teresa Murray, director of the consumer watchdog office of the U.S. Public Interest Research Group. You may have better luck calling customer support at certain times of the year, too. Kenan Acikelli, who spent three years working as a customer service representative for a telecommunications company, said it was often easier for customers to negotiate bills at the end of the year or during periods such as Black Friday and back-to-school sales. “The company would run special offers during these times, and we were given more flexibility to match promotional pricing or offer upgrades to retain customers,” he said in an email interview. When you dial a company’s support number — which you can typically find on its website or your billing statement — you’ll probably be routed through an automated system first. Speaking with a live person will give you a better chance to explain your situation and discuss possible solutions. Try pressing “0” or saying “representative” to reach a real person faster. Murray recommends gethuman.com to locate companies’ customer support phone numbers and other information that can help you connect with a live representative, such as service hours and instructions for navigating the phone menu. People we talked to said that politeness is your best bargaining chip in negotiations. Customer service agents will probably be more sympathetic if you speak kindly and respectfully versus using a harsh or demanding tone. “I’ve seen people come in frustrated, but those who stayed calm always ended up with better results,” Acikelli said. “I would often go out of my way to offer them additional promotions or discounts simply because they asked kindly.” Keep your attitude in check, and remember that the person on the other end of the line is a human who’s just trying to do their job. Ahead of the call, learn what prices and deals your service providers’ competitors offer, and leverage that information, said Babu Jayaram, head of customer success and strategy at Qualaroo, a customer and user feedback software company. “It shows that you’re an informed customer, and reps often have some discretion to match or even beat those rates to keep you on board,” he said in a prepared statement. Find out whether your provider has any deals that it may be willing to extend to you. Is your cable company offering an incentive to new customers that’s cheaper than what you’re paying? Maybe you can secure that rate. A quick internet search — try something like “company name + discount” or “company name + new promotion” — may help you uncover the information you need to back up your request. Murray recommends looking into other types of discounts, too. Some companies offer age-based discounts, often starting at age 55. Paperless billing and autopay discounts are also common. Murray says she saves $5 per line each month on her five-line cell phone plan by using automatic bank payments. “That’s 25 bucks a month. So that adds up,” she says. Discounts are harder to come by for utility bills such as water and electricity, which are typically regulated and must adhere to certain rates. However, financial assistance programs may be available to people who meet certain income requirements or are struggling to manage their bills. Ask your customer service representative about any discounts, payment plans or hardship programs you might qualify for. Here’s exactly what to say on that call . Having your account details ready can save time and reduce friction on the call. Log in to your online account or check your statements for information, such as account number, plan features and past payment dates. If you’ve been a customer for a long time, consider using that information to your advantage, especially if you have a record of on-time payments . Companies value loyalty, and employees may have customer retention goals they’re trying to meet. Keeping you as a satisfied customer is in the company’s best interest. Don’t take the first “no” for an answer. Explain your situation again, and get straight to the point. For example: “I’d like to continue using your service, but I simply can’t afford to pay the price. What can we do to bring the bill down?” If you still get nowhere, try escalating the request. The representative you’re speaking with might not have the authority to lower your bill . Kindly ask to speak to a supervisor, who may have more problem-solving experience and power to make decisions. Despite our best efforts, customer service calls can lead to dead ends. Prepare for the possibility that your provider won’t budge. Ahead of the call, consider whether terminating the service is a step you’re willing to take. With some services, such as water, electricity or gas, alternative providers might not be available, but with others, such as cell phone or cable providers, competition is abundant. If ending the relationship is an option, and your representative can’t save you money, ask to begin the cancellation process. Showing that you’re serious may prompt them to make you a better offer. If that offer never comes, consider switching to a lower-priced competitor or, if the service isn’t vital, giving it up entirely. If you’re not ready to decide, keep the notes from your call and think it over. In any case, applaud yourself for making the call. More From NerdWallet Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com. Twitter: @lauren_schwahn. The article Slash Your Bills With a Phone Call: 7 Pro Negotiating Tips originally appeared on NerdWallet .

Q: On December 4, the Romanian authorities released declassified documents regarding possible Russian interference in Romania’s presidential election. Do you have any comment? A: France is closely following the unfolding of the election process in Romania, which is an EU member state, an important strategic partner and a friend. In this regard, we express our serious concern following yesterday’s publication by the Romanian President’s office of declassified documents pointing to Russian interference, especially via Tik Tok, with the aim of distorting the integrity of the election process currently under way. France welcomes the European Commission’s announcement of measures to regulate digital services. We call for the mobilization of all the necessary tools in order to improve TikTok’s transparency and avert the systemic risks affecting the Romanian election process. The relevant French authorities stand ready to help European institutions and Romanian authorities analyze the situation on affected social media sites Useful links Diplomatic Photo Gallery France / Romania (in French) Links More information on the website of the ministry (in French) Embassy of France in Romania Embassy of Romania in France