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Progress on potentially less harmful alternatives to smoking LAUSANNE, Switzerland-Wednesday, January 25th 2017 [ ME NewsWire ] Over one million adult smokers have converted to IQOS, PMI’s leading heated tobacco product (BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today re-affirms its commitment to designing a smoke-free future. With more than one million adult smokers who have converted to IQOS, momentum continues to grow behind the company’s full-scale effort to market smoke-free products that can ultimately replace cigarettes. PMI’s new website offers a look into its vision for the future, and how its new products can have a significant impact on adult smokers and society. “Adult smokers are looking for product choices that offer the satisfying taste, ritual, and pleasure they get from cigarettes, but with far lower amounts of the harmful compounds found in smoke,” said Tony Snyder, PMI Vice President of Communications. “After more than ten ... Read more »
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SUWANEE, Ga.-Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Meggitt Training Systems announced the Middle East debut of its FATS® 100e virtual training system will take place February 19-23 at IDEX 2017 in Abu Dhabi. Meggitt representatives will be available for demonstrations of the FATS 100e and other products at the show at booth 03-A22. “The Middle East continues to be a key market for Meggitt and IDEX is the region’s premier defense exhibition,” said Frank Socolow, managing director, Middle East and North Africa. “The enhanced FATS 100e system and our local dedicated team represent a strong solution for customers.” Introduced in late 2015, the FATS 100e system is a major expansion in weapons training capability, with 3D marksmanship, automatic coaching and VBS3-based collective training. The 3D marksmanship provides visually realistic and highly detailed terrains and targets, including weather, and striking visual effects including wind-blown environments, birds ... Read more »
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ROTTERDAM, Netherlands -Tuesday, January 24th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- An International coalition announced today that a lawsuit was filed in Dutch Court yesterday on behalf of institutional investors who suffered billions of dollars in losses in their investments in Petroleo Brasiliero SA (“Petrobras”). Seeking declaratory relief as a result of the alleged corruption of the company and its executives, the coalition represents investors who purchased Petrobras securities on the BM&FBOVESPA exchange in Brazil and other securities purchased via transactions outside of, and not covered by, litigation in the United States. The damaged investor group believes the Netherlands is the optimal jurisdiction for pursuing legal action, as this is where Petrobras Global Finance B.V. and several other Petrobras entities and divisions are domiciled. In addition, the Dutch legal system has an established global settlement precedent for international investors who seek compensation pursu ... Read more »
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Rules-based solution meets Margin Requirement obligations across the world DUBLIN -Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Fenergo, the leading provider of Client Lifecycle Management solutions for investment, corporate and private banks, has today announced significant enhancements to its module for Margin Requirements for Non-Centrally Cleared OTC Derivatives. Fenergo Margin Requirements is an advanced, rules-based compliance solution designed to help financial institutions meet the varying degrees of regulatory demands of Margin Requirements across the world. The solution combines rules, workflow processes and data requirements designed in partnership with the banking community. Margin Requirements for Non-Centrally Cleared OTC Derivatives regulation aims to reduce systemic risk in the non-centrally cleared OTC derivatives markets by ensuring appropriate collateral is available to offset any losses caused by a counterparty default. However, it is anticip ... Read more »
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LONDRES-Jeudi 26 Janvier 2017 [ ME NewsWire ] (BUSINESS WIRE)- Vedanta Resources plc annonce l'échéance et les résultats de ses offres publiques d'achat pour tout ou partie de ses obligations à 9,50 % d'un total de 750 000 000 dollars US arrivant à échéance en 2018 et ses obligations à 6,00 % d'un total de 1 200 000 000 dollars US arrivant à échéance en 2019 Vedanta Resources plc (la « Société ») (LSE:VED) a annoncé aujourd'hui l'échéance et les résultats de ses appels d'offres précédemment annoncés pour acheter au comptant (les « Appels d'offres ») tout ou partie de ses obligations à 9,50 % d'un total de 750 000 000 dollars US arrivant à échéance en 2018 (les « Obligations 2018 ») et de ses obligations à 6,00 % d'un total de 1 200 000 000 dollars US arrivant à échéance en 2019 (les « Obligations 2019 » et, avec les Obligations 2018, les « Obligations ») en circulation. Les Appels d'offres ont été clôturés à 8h00, heure de New York, le 24 janvier 2017 (la « Date de clôture »). À la ... Read more »
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LONDON-Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- NOT FOR DISTRIBUTION IN THE UNITED STATES Vedanta Resources plc (“Vedanta”, LSE:VED) today announced the pricing of the offering of bonds in the aggregate principal amount of US$ 1.0 billion of 6.375% Bonds due 2022 (the “Bonds”). Vedanta intends to use the net proceeds from this offering primarily to fund its offer to purchase for cash any and all of its outstanding US$ 750,000,000 9.50% Bonds due 2018 (“2018 Bonds”) and US$ 1,200,000,000 6.00% Bonds due 2019 (“2019 Bonds”), and to repay its other existing indebtedness. Vedanta has received and accepted for purchase approximately US$ 370,868,000 of the 2018 Bonds and US$ 425,028,000 of the 2019 Bonds (excluding US$ 227,000 of the 2018 Bonds and US$ 200,000 of the 2019 Bonds that remain subject to the guaranteed delivery procedures). With this transaction, Vedanta has proactively refinanced part of its 2018 and 2019 maturities and extended average debt maturity. ... Read more »
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LONDON-Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Vedanta Resources plc (the “Company”) (LSE:VED) today announced the expiration and results of its previously announced tender offers to purchase for cash (the “Tender Offers”) any and all of its outstanding US$ 750,000,000 9.50% Bonds due 2018 (the “2018 Bonds”) and US$ 1,200,000,000 6.00% Bonds due 2019 (the “2019 Bonds” and, together with the 2018 Bonds, the “Bonds”). The Tender Offers expired at 8:00 a.m. New York time, on 24 January 2017 (the “Expiration Time”). At the Expiration Time, valid tenders had been received with respect to approximately US$ 370,868,000 of the 2018 Bonds and US$ $425,028,000 of the 2019 Bonds. Additionally, US$ 227,000 of the 2018 Bonds and US$ 200,000 of the 2019 Bonds were tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Memorandum dated 16 January 2017. The Company has accepted for payment all of the Bonds validly tendered prior to the Expiration ... Read more »
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Driving Company Growth and Customers' Digital Transformation Strategies Are Key Areas of Focus in EMEA LONDON -Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Hootsuite, the most widely used social media management platform, today announces Rob Coyne as General Manager for Europe, Middle East and Africa (EMEA). In this role he will be responsible for overall company performance, building on recent successes, and ensuring the continued growth of the business. Rob joins Hootsuite after spending three years as Managing Director of leading digital marketing organisation Kenshoo. As part of his responsibilities, Rob grew Kenshoo's business and presence in London, Paris, Munich, Amsterdam and Stockholm. Prior to Kenshoo, he led sales teams for more than 10 years at business software companies Oracle and SAP, developing the businesses across EMEA. With his experience at Kenshoo, Rob has a strong background in social marketing across a number of industries. With more than ... Read more »
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Clôturant l’année 2016 avec un record de 83,6 millions de passagers Dubaï, Émirats Arabes Unis-Jeudi 26 Janvier 2017 [ ME NewsWire ] L’Aéroport International de Dubaï (DXB) a maintenu son titre en tant que l’aéroport mondial numéro un pour les passagers internationaux, enregistrant ainsi un trafic annuel de 83,6 millions passagers en 2016, selon le rapport annuel de circulation publié aujourd'hui par l'opérateur Aéroports de Dubaï. Le trafic annuel de DXB en 2016 a totalisé les 83 654 250 passagers, comparé à 78 014 838 enregistrés en 2015, une hausse de 7.2 pour cent. L’accroissement du nombre des voyageurs durant la période des fêtes a augmenté le trafic mensuel en décembre pour atteindre 7 706 351, une hausse de 9.3 pour cent par rapport à 7 053 243 enregistrés en décembre 2015. En 2016, un certain nombre de nouvelles compagnies aériennes, dont Nepal Airlines et Rossiya, ont lancé des services pour DXB, au même moment où 11 nouvelles destinations ont été ajoutées au hub suite ... Read more »
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Lyon, the founder of the DDoS defense industry, will aid Neustar in pioneering the future of cybersecurity and communications networking. STERLING, Va.-Wednesday, January 25th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services, today announced it has appointed Barrett Lyon as Head of Research and Development of Neustar Security Solutions, where he will drive product innovation. Lyon joins Neustar with unrivaled security expertise, having pioneered the DDoS mitigation industry when he founded Prolexic Technologies in 2003. Lyon bolsters an already impressive team with a record of innovation and entrepreneurship, led by General Manager Nicolai Bezsonoff, founder of domain name registry service provider .CO, and Rodney Joffe, founder of pioneering Internet security and infrastructure companies such as UltraDNS and Genuity, Inc. “Barrett is clearly one of the great technology leaders and innovators in the cy ... Read more »
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