News Articles

Best’s Market Segment Report: AM Best Revises Outlook on GCC Insurance Markets to Negative LONDON -Monday 8 June 2020

(BUSINESS WIRE)-- AM Best has revised its market segment outlook on the insurance markets of the Gulf Cooperation Council (GCC) to negative from stable. Key factors that led to the change outlook includes the economic downturn across the region stemming from lower oil prices and COVID-19...

NetApp to Acquire Spot -Monday 8 June 2020

(BUSINESS WIRE)-- NetApp® (NASDAQ: NTAP), the leader in cloud data services, today announced it has entered into a definitive agreement to acquire Spot, a leader in compute management and cost optimization on the public clouds, to establish leadership in Application Driven...

British Council Announces Scheme to Help 1 Million English Language Learners Amid COVID-19 -Monday 8 June 2020

(BUSINESS WIRE)-- British Council has today announced a scheme to part-fund one-on-one English lessons for one million learners across the globe. One million 30-minute private introductory sessions on their MyTutor video tutoring platform are being reduced to just 5 SAR to help learners keep...

Citi Private Bank Issues Mid-Year Outlook 2020, Investing in a New Economic Cycle -Saturday 6 June 2020

(BUSINESS WIRE) -- Citi Private Bank today released its Mid-Year Outlook 2020 report, Investing in a New Economic Cycle. Released twice yearly, this edition calls for major changes to client portfolios as a new economic and market cycle begins. Citi Private Bank expects a more rapid economic...

Hengli Petrochemical announces successful performance demonstration on its 4th PTA line utilising... -Saturday 6 June 2020

(BUSINESS WIRE) --INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to announce that Hengli’s 4th PTA line utilising INVISTA’s P8 Process Technology has met all performance...

New Data from the Phase 3 HELP Study Open-Label Extension Evaluate the Long-Term Safety and Efficacy of... -Saturday 6 June 2020

(BUSINESS WIRE) -- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced findings from two new interim analyses of data from the Phase 3 HELP (Hereditary Angioedema Long-term Prophylaxis) Study™ Open-label Extension (OLE). The analyses suggest that...

AT&T® México Selects MATRIXX Software for Prepaid Platform Replacement -Friday 5 June 2020

(BUSINESS WIRE)-- MATRIXX Software today announced that AT&T® México, a subsidiary of AT&T® USA and one of the largest mobile players in the Mexican market, is deploying MATRIXX Software’s cloud native digital commerce platform for its prepaid customers. MATRIXX Digital Commerce is...

Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression -Friday 5 June 2020

(BUSINESS WIRE)-- According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base case for the US suggests that it will take until mid-decade for the economy to return to full-employment. Mark Zandi, Chief Economist...

Lineage Logistics Closes Acquisition of Emergent Cold -Thursday 4 June 2020

(BUSINESS WIRE)-- Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative provider of temperature-controlled logistics solutions, today announced it has closed the acquisition of Emergent Cold (“Emergent”). The acquisition was first...

Takeda to Present Data from the ICLUSIG® (ponatinib) Clinical Trial Program that Could Prove... -Thursday 4 June 2020

(BUSINESS WIRE) -- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) today announced that interim analysis data from the Phase 2 OPTIC (Optimizing Ponatinib Treatment In CML) trial will be presented during an oral session at the virtual 56th American Society of Clinical Oncology (ASCO)...

Ferring and Igenomix Collaborate to Advance Care in Reproductive Medicine and Maternal Health -Thursday 4 June 2020  

(BUSINESS WIRE)-- Ferring Pharmaceuticals and Igenomix today announced a two-year research collaboration aimed at the discovery of novel targets and disease mechanisms in infertility and pregnancy-related conditions, including preeclampsia, with the goal of developing innovative diagnostic and...

Exosite Licenses IoT Technology to West Pharmaceutical Services, Inc. -Thursday 4 June 2020

(BUSINESS WIRE)-- Exosite LLC, a leading provider in the Industrial Internet of Things (IIoT) market, today announced that it has licensed use of certain software technology and solutions to West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable...

Global Drought Brings New Threats and Opportunities for Investors -Thursday 4 June 2020

According to PROFEL, extreme drought in 2018 caused vegetable processors the most serious problems in the last 40 years. We can already see some negative impacts of the climate change, like low harvests due to drought, sudden hailstorms, extensive fires, floods, Atlantic coast erosion and...

Dr Evidence (DRE), an AI-Enabled SaaS Healthcare Insights Company, Taps Industry Experts Joseph A. Boystak as Chairman... -Wednesday 3 June 2020

(BUSINESS WIRE)-- DRE is pleased to welcome Joe Boystak as Chairman of the Board and Ameet Nathwani, MD, as Chairman of its newly formed Medical Strategy Advisory Board (MSAB). These enhancements to the Company reflect the expanded need for keen guidance in this unprecedented time of convergence...

PVH Corp. Announces Leadership Update at Tommy Hilfiger and PVH Europe -Wednesday 3 June 2020

(BUSINESS WIRE)-- PVH Corp. (NYSE:PVH), owner of a portfolio of iconic brands including TOMMY HILFIGER and CALVIN KLEIN, announced today that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in various management roles...

Andersen Global Expands Presence in Qatar -Wednesday 3 June 2020

(BUSINESS WIRE)-- Andersen Global announced its collaboration with Doha-based tax firm MS Partner, adding depth to the organization’s presence in Qatar and expanding its global platform. MS Partner was founded in 2018 and includes two Partners and more than 10 professionals that specialize...

Western Union Sees Significant Improvement in Consumer-to-Consumer Transaction Trends in May, Including Record Level of... -Wednesday 3 June 2020

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today provided an update on the Company’s transaction trends for its Consumer-to-Consumer (C2C) business for the month of May 2020 in response to the evolving...

ASSAR Selects Beyontec to Implement Platform Ecosystems for Rwanda Insurance Industry -Tuesday 2 June 2020

(BUSINESS WIRE)-- Beyontec, a leading global provider of insurance technology solutions, announced today that it had been selected by the Insurance Association of Rwanda (ASSAR) to implement a digital ecosystem of different platform solutions for the insurance industry in Rwanda. Founded in...

ThreatConnect Expands Presence to the Middle East and Gulf Cooperation Council (GCC) through Strategic Partnership with... -Tuesday 2 June 2020  

(BUSINESS WIRE)-- ThreatConnect, Inc.®, provider of the industry’s only intelligence-driven security operations solutions, announced today that it has entered into a strategic partnership with Spire Solutions, the leading and value added disruptive distributor to the Gulf Cooperative Council...

Newmont Publishes 2019 Sustainability Report -Tuesday 2 June 2020

(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) today announced the publication of its 2019 Sustainability Report, Beyond the Mine, a transparent and comprehensive disclosure of the Company’s environmental, social and governance (ESG) performance....