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ABU DHABI, United Arab Emirates - Wednesday, May 25th 2016 [ME NewsWire] Traffic and Patrols Directorate at Abu Dhabi Police declared that they arrested 1,837 drivers on the Abu Dhabi roads over the last four months of this year, for driving their vehicles at dangerous speeds exceeding 200 km/h. They confirmed that the vehicles were seized and the drivers were prosecuted, with the necessary legal action to be taken against them. Brigadier Khamis Ishaq Mohammed, Director of the Abu Dhabi Police Traffic and Patrols Directorate, stated that the Directorate will intensify control on the roads through patrols equipped with the ‘Al Qannas’ mobile radar, in order to arrest violators. This comes within the context of a comprehensive campaign to curb excessive driving speeds and to make the roads safer. The Brigadier highlighted that continuous follow-ups of field efforts are being made, as well as a review of the results achieved against the targets for reducing speed violations on the road ... Read more »
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ABU DHABI, United Arab Emirates - Thursday, May 26th 2016 [ME NewsWire] The Ministry of Interior (MoI) Council, hosted by Khalid Bakhit bin Tannaf Al Menhali at his residence in the Baniyas region of Abu Dhabi, called to raise awareness in the community about the comprehensive range of Police services and their role in maintaining security and stability. The Council also recommended that awareness campaigns within educational institutions are increased, by coordinating with the MoI and its related bodies. The Council is one of the gatherings organized by the Law Respect Culture Bureau, in cooperation with the Security Media Department. It was held at the General Directorate for Security Support, at the General Secretariat of the Office of His Highness Deputy Prime Minister, Ministry of Interior. The Council was moderated by Ali Al Shamesi, who called for the efficacy of the Parents Council in the educational institutions to be strengthened, in order to help and educate students about ... Read more »
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OSAKA, Japan - Thursday, May 26th 2016 [ME NewsWire] (BUSINESS WIRE)-- Panasonic Corporation announced today that it has developed and will release this month a thin-design DW Relay (Inrush Low-profile relay) suited for remote-control applications such as smart switches and smart power outlets used in smart homes. The product conforms to overseas safety standards and responds to the growing demand for smart homes in overseas markets. For more information click here. http://www3.panasonic.biz/ac/e/control/relay/power/dw/index.jsp This new product has the following features: 1. Thin product height of 15.8 mm allows for compact-sizing with no loss of functionality for remote-control systems. - Dimensions (WxLxH) (mm): 10.0 × 24.0 × 15.8 (Panasonic’s conventional product* (WxLxH) (mm): 10.0 × 24.0 × 18.8) *DW relay (inrush type) 2. Holding power of the coil is zero by the adopting a latching function, contributing to reduce the power consumption of the remote control system. 3. Conf ... Read more »
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Core PC Business Solid and Profit Stable, Even as Internal and External Challenges Hit Revenue HONG KONG - Friday, May 27th 2016 [ME NewsWire] Full year revenue US$44.9 billion, down 3% YoY; Q4 US$9.1 billion, down 19% YoY Restructuring delivered US$690 million in 2nd half of the year, preserving profit Full year pre-tax loss US$277 million; Q4 pre-tax income of US$193 million, up 86% YoY Full year net loss of US$128 million; Q4 net income of US$180 million, up 80% YoY Full year basic loss per share of 1.16 US cents, or 9.00 HK cents (BUSINESS WIRE)-- Lenovo Group (HKSE:0992) (PINK SHEETS:LNVGY) today announced results for its fourth fiscal quarter and full-year ended March 31, 2016. Lenovo strengthened its core PC business, enhanced its cost structure and protected its profit, despite facing internal and external challenges that impacted revenue, which was US$9.1 billion, down 19 percent year-over-year, while annual revenue was US$44.9 billion, down 3 percent year-over-year. A ... Read more »
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SedLine, Which Helps Clinicians Improve Anesthetic Management, Receives CE Mark NEUCHATEL, Switzerland - Thursday, May 26th 2016 [ME NewsWire] (BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the CE mark and scheduled full market release of Next Generation SedLine® Brain Function Monitoring technology at the European Society of Anaesthesiology’s (ESA) 2016 Euroanaesthesia Congress in London, England. Next Generation SedLine enhances how Masimo’s processed EEG parameter, the Patient State Index (PSI), responds in challenging situations, addressing many of the concerns raised with quantitative EEG while bolstering brain function monitoring’s support of anesthetic management. Next Generation PSI uses Masimo’s breakthrough Parallel Engines and Adaptive Signal Processing technology and provides the following enhancements: Less susceptibility to electromyography (EMG) interference by extracting a clearer EEG signal even in the presence of EMG Improved PSI performance in low pow ... Read more »
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La combinaison stratégique des deux entreprises complémentaires permettra de créer une plus grande valeur pour les clients, partenaires et actionnaires, et des possibilités de croissance pour les employés TYSONS, Virginie - Jeudi 26 Mai 2016 [ME NewsWire] · CSC et la division Enterprise Services de Hewlett Packard Enterprise (HPE) créeront une société de premier plan mondial exclusivement axée les services informatiques, particulièrement bien placée pour accompagner les clients dans leurs transformations numériques ; · La nouvelle société devrait avoir des revenus annuels de 26 milliards de dollars et plus de 5 000 clients dans 70 pays, couvrant chacune des principales régions dans le monde ; · La nouvelle société devrait produire des synergies de première année d’environ 1 milliard de dollars après la finalisation, avec un taux d’exécution de 1,5 milliard de dollars d’ici la fin de l’année ; · Les actionnaires CSC et HPE auront chacun environ 50 pour cent des actions de la nouvel ... Read more »
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Un nouveau modèle conçu en tenant compte des commentaires des consommateurs et professionnels du son PÉKIN - Vendredi 27 Mai 2016 [ME NewsWire] (BUSINESS WIRE)--ZTE, fabricant mondial de premier plan d'appareils mobiles, a officiellement dévoilé son nouveau produit phare, l’AXON 7, aujourd'hui à l'hôtel Park Hyatt de Pékin. Il a également annoncé à cette occasion que Lang Lang, pianiste de renommée mondiale, sera l’ambassadeur de la marque pour la gamme phare de smartphones AXON haut de gamme de ZTE. L’appareil sera d’abord lancé en Chine, puis rapidement après cela à l'échelle internationale, notamment aux États-Unis, en Europe et dans d’autres régions. L’AXON 7 a été conçu pour permettre aux personnes de bénéficier d’un mode de vie intelligent amélioré par la technologie, en se concentrant sur ce qui compte le plus pour les utilisateurs aujourd’hui : un son immersif comme au cinéma, un design attrayant et une caméra haute qualité, le tout tenant dans la paume de la main. Un piani ... Read more »
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At the ninth SES Industry Days, SES and industry partners will demonstrate a number of technologies to broadcast Ultra HD with High Dynamic Range LUXEMBOURG - Thursday, May 26th 2016 [ME NewsWire] (BUSINESS WIRE)-- SES S.A. (Paris:SESG) (LuxX:SESG) announced today at its annual Industry Days event the launch of a 24/7 Ultra HD test channel for transmitting High Dynamic Range (HDR) content. For the ninth edition of this event, SES, together with industry partners, will present and demonstrate several technologies for enhancing the quality of Ultra HD television with High Dynamic Range. This feature will be key for next generation Ultra HD picture quality, as HDR provides much higher contrast and offers a more realistic viewing experience. Delegates of the event will be able to witness HDR implementations such as HDR 10, Dolby Vision, Hybrid Log Gamma and the Technicolor/Philips solution on state-of-the-art flat screens of major manufacturers. As the broadcasting industry is in disc ... Read more »
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Strategic Combination of Two Complementary Businesses Will Create Greater Value for Clients, Partners and Shareholders, Growth Opportunities for Employees TYSONS, Va. - Thursday, May 26th 2016 [ME NewsWire] CSC and the Enterprise Services segment of Hewlett Packard Enterprise (HPE) to create leading pure-play global IT services company, uniquely positioned to lead clients on their digital transformations; New company expected to have annual revenues of $26 billion and more than 5,000 clients in 70 countries, covering every major global region; Combined company expected to produce first-year synergies of approximately $1 billion post-close, with a run rate of $1.5 billion by the end of year one; CSC and HPE shareholders each will own approximately 50 percent of shares in the new company; Agreements between HPE and the new company to ensure ongoing beneficial relationship; and Mike Lawrie to become chairman, president and CEO of combined company; Meg Whitman to join the new com ... Read more »
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MUMBAI, India - Thursday, May 26th 2016 [ME NewsWire] First Green Bond by an Indian Issuer to be listed on London Stock Exchange First Labelled Climate Bond Initiative certified bond issued by a Bank from Asia Largest Green Bond issued by a Scheduled Commercial Indian Bank Lowest Spread for a USD Benchmark sized bond issued by an Indian Bank since the Global Financial Crisis (BUSINESS WIRE)-- Axis Bank Limited (“Axis Bank”) today announced that it priced US$500 million 2.875% Senior Unsecured Notes due 2021 (the "Notes"). The Notes are issued by Axis Bank’s DIFC branch, Dubai and are rated Baa3 by Moody's, BBB- by S&P and BBB- by Fitch. The deal was launched at initial price thoughts at T +175 bps but the final pricing was 15 bps tighter at T +160 bps. The transaction is significant for the following reasons: After launch of the deal in Asia and opening of the books, the deal saw swift build up and was oversubscribed c. 2.2x at which stage, given the strong order book, it was ... Read more »
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Latest device incorporates feedback from both consumers and sound professionals BEIJING - Friday, May 27th 2016 [ME NewsWire] (BUSINESS WIRE)-- ZTE, a leading global mobile device maker, officially unveiled its latest flagship device, the AXON 7, at the Park Hyatt in Beijing today. During the launch, it was also announced that Lang Lang, a world renowned pianist, will be the brand ambassador to ZTE’s high-end flagship AXON smartphone series. The device will first be launched in China, with international launches including the United States, Europe, and other regions to follow shortly after. The AXON 7 was designed for people to enjoy a smart lifestyle enhanced by technology, focusing on what matters most to users today; immersive theater-like sound, eye catching design, and a high quality camera, all in the palm of one’s hand. World-Renowned Pianist as Brand Ambassador “We’re proud to have Lang Lang endorsing AXON 7. He is highly popular and influential both at home and abroad, an ... Read more »
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LUXEMBOURG - Friday, May 27th 2016 [ME NewsWire] (BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announces the completion of the capital raising to fund the acquisition of the remaining shares in O3b Networks, as announced 26 May 2016. The total gross proceeds from the capital raising amounts to EUR 908.8 million. SES will issue 39,857,600 million new Fiduciary Depositary Receipts (FDRs) at a price of EUR 19.0. The number of new FDRs represents 11.6% of the existing number of total Class A shares. The Private Placement (“The Placement”) is part of a capital increase in which the existing Class B shareholders (Banque et Caisse d’Epargne de l’Etat, Société Nationale de Crédit et d'Investissement and Etat du Grand-Duché de Luxembourg) have agreed to subscribe for 19,928,800 newly-issued Class B shares, pro rata to their existing holding of Class B shares, as is necessary to maintain the ratio of 1:2 with the Class A shares, as provided in SES’s articles of association. The ... Read more »
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LAUSANNE, Switzerland - Friday, May 27th 2016 [ME NewsWire] (BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE /Euronext Paris: PM) announced today a major new initiative — “PMI IMPACT” — to help confront smuggling and related crimes. The centerpiece of PMI IMPACT is a prestigious council of external independent experts whose seven members have impeccable credentials in the fields of law, anti-corruption and law enforcement. The experts will oversee grants to enable innovation in three key areas in the fight against smuggling and related crimes – research, education and awareness, and action. PMI IMPACT will issue a request for funding proposals later this year. Proposals can come from private, public, or non-governmental organizations. PMI has pledged USD 100 million to fund the first three rounds of grants. “Progress against illegal trade requires ideas, resources, and actions — and that’s why we’re excited to launch PMI IMPACT. We’re especially grateful that distingu ... Read more »
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COLOMBES, France - Friday, May 27th 2016 [ME NewsWire] (BUSINESS WIRE)-- OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announced the supply of its White Label Independent Secure EMV (WISE) Solution to SIX Payment Services, one of Europe’s largest card transaction processors and market leader in Switzerland, Austria and Luxembourg, in the framework of the EMVI’16. EMVI’16 new chip specification, on behalf of Swiss debit card issuers, facilitates the transition from contact to contactless payment in line with growing customer demand for mobility, frictionless and convenient payment. Already announced in 2014, the partnership between OT and SIX Payment Services takes on a new dimension with the delivery of OT’s WISE Solution from 2016 to 2020. WISE by OT is a comprehensive offer with solutions based on common standards, enabling cost reduction associated to card issuance and processing, as well as optimal flexibility fo ... Read more »
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LUXEMBOURG - Thursday, May 26th 2016 [ME NewsWire] Launching capital raising of 39.86 million new FDRs and 19.93 million new Class B shares in order to fund increasing SES’s share of O3b to 100% Strengthening SES’s differentiated global network and capabilities with O3b’s unique ‘fibre in the sky’ solution Move to 100% enhances SES’s long-term growth outlook and accelerates important commercial and financing synergies between the SES and O3b businesses (BUSINESS WIRE)-- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announces that it is launching a capital raising to fund the acquisition of the remaining shares in O3b Networks. As a result, SES will own 100% of O3b Networks, a next generation satellite operator with a constellati ... Read more »
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