ZTE issues guidance for net profit to increase between 107.3% and 210.7% to RMB 425 million to RMB 637 million; company optimistic about business prospects

SHENZHEN, China - Thursday, April 10th 2014 [ME NewsWire]

ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, forecast the company’s first-quarter profit will at least double from the same period last year, reflecting the strengthening of core operations.

Net profit attributable to shareholders of the listed company will be between RMB 425 million and RMB 637 million in the first quarter, a year-on-year increase of between 107.3% to 210.7%, according to ZTE’s preliminary results announcement filed to the Hong Kong stock exchange today. Basic earnings per share will be between RMB 0.12 and 0.19, compared to RMB 0.06 a year earlier, based o ... Read more »

CINCINNATI. - Samedi 12 Avril 2014 [ME NewsWire]

(BUSINESS WIRE) La Procter & Gamble Company (NYSE:PG) a annoncé aujourd’hui l’avancée de ses objectifs mondiaux de durabilité, déclarant s’être engagée à ce que sa chaîne d’approvisionnement d’huile de palme ne comporte aucune déforestation grâce à l’amélioration des pratiques de tous ses fournisseurs, y compris les petits fermiers locaux, afin de protéger les forêts.

«Il s’agit de l’aspect le plus compliqué de la chaîne d’approvisionnement de palmes et P&G espère y avoir un impact significatif et durable.»

« L’engagement de P&G contre la déforestation dans sa chaîne d’approvisionnement d’huile de palme est sans équivoque. Notre objectif est de développer des solutions de durabilité à long terme a ... Read more »

Strategic partnership with UBS to result in rebranding of Dow Jones-UBS Commodity Indexes as Bloomberg Commodity Indexes
NEW YORK - Thursday, April 10th 2014 [ME NewsWire]
(BUSINESS WIRE) Bloomberg LP and UBS today announced a strategic partnership that will result in Bloomberg Indexes being responsible for governance, calculation, distribution and licensing of the bank's market leading commodity indexes. The indexes will be renamed from the "Dow Jones-UBS Commodity Index Family" to the "Bloomberg Commodity Index Family" as of July 1.
"Benchmarks are at the heart of the financial system, and benchmark independence is key to the transparency and efficiency of global financial markets," said Dan Doctoroff, CEO and President of Bloomberg LP. "By providing true independence to a leading index family used by institutional investors and asset managers around the world, Bloomberg continues to support the needs of our clients and the ... Read more »

Abu Dhabi, United Arab Emirates - Monday, April 7th 2014 [ME NewsWire]

Sports Activities Enhance Familiarity among Inmates and Improve their Health

The second season of the “Sports for All with No Limits” program for female inmates kicked off at the Punitive & Correctional Institutions Department at Abu Dhabi Police. The event, which runs until the end of the year, is held in partnership with Abu Dhabi Sports Council, and features participation of 170 female inmates of different nationalities. The sport activities include: volleyball, basketball, aerobics, and running, in addition to a set of educational and sports lectures, and medical rests.

Sports is a Rehabilitation Requirement

At the opening ceremony of the “Sports for All with No Limits” activities, Colonel Dr. Abdullah Mohammad Bu Hindi, Director of Al Mafraq Juveniles Care Center at Abu Dhabi Police emphasized the instrumental role of sports as a rehabilitation requ ... Read more »

CINCINNATI - Wednesday, April 9th 2014 [ME NewsWire]

(BUSINESS WIRE) The Procter & Gamble Company (NYSE:PG) today announced an advancement in its global sustainability goals, declaring a commitment to no deforestation in its palm oil supply chain by improving practices with all its suppliers, including small local farmers, to ensure protection of forests.

“P&G’s commitment to no deforestation in its palm supply chain is unequivocal. Our aim is to develop effective long-term solutions to the complicated issue of palm oil sustainability. We are committed to driving positive change throughout the entire supply chain, not just for us, but for the industry and for the small farmers who depend on this crop,” said Len Sauers, P&G Vice President of Global Sustainability.

Already, 100% of P&G’s purchased palm oil i ... Read more »