ME Newswire / Business Wire

DAVOS, Switzerland - Wednesday, January 22nd 2014

World Economic Forum 2014

Today Oliver Wyman, the leading international management consulting firm, launches its 17th annual State of the Financial Services industry report at the World Economic Forum’s (WEF) annual meeting in Davos. This year’s report focuses squarely on the growth challenge for the industry and identifies several "blind spots” that could impede the industry’s recovery and growth.

The report examines the factors that drove healthy growth in financial services before the crisis and argues that few of them will drive similar growth in the future. Both credit expansion and greater uptake of financial products will continue, but will be bounded by leverage limits and conduct rules. They will be skewed across regions and only emerging markets will experience high growth. Aging in the developed world also poses challenges for the industry. Globalization is in reverse an ... Read more »

New commitment aims to help young people achieve their full potential and close the youth unemployment gap

DAVOS-KLOSTERS, Switzerland - Wednesday, January 22nd 2014 [ME NewsWire]

(BUSINESS WIRE)-- Today at the 2014 World Economic Forum’s Annual Meeting, Hilton Worldwide announced a global commitment that aims to impact at least one million young people by 2019 by helping them to reach their full potential. This new initiative will open doors for young people in three ways:

    Connecting them to the world of travel by enabling them to experience new cultures, contributing to the improvement of the sustainability of the industry and shaping their future with opportunities in Hilton Worldwide’s expansive supply chain;
    Preparing them for success in the world of work, travel and beyond by supporting their basic needs and developing their life and professional skills with mentorships, apprenticeships and Hilton Worldwide’s innovativ ... Read more »

Schlumberger Limited

HOUSTON - Tuesday, January 21st 2014 [ME NewsWire]

Full-Year Results

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) today reported full-year 2013 revenue from continuing operations of $45.27 billion versus $41.73 billion in 2012.

Full-year 2013 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $6.33 billion, representing diluted earnings-per-share of $4.75 versus $4.01 in 2012.

Fourth-Quarter Results

Fourth-quarter 2013 revenue was $11.91 billion versus $11.61 billion in the third quarter of 2013, and $11.08 billion in the fourth quarter of 2012.

Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.79 billion—an increase of 4% sequentially and an increase of 28% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $1.35 versus $1.29 in the previous quarter, and $1.04 ... Read more »

Dubai Aviation Engineering Projects awards Singapore based Stratech and UAE local Partner, Bayanat Airports, contract for Foreign Object & Debris detection system.

Dubai, United Arab Emirates - Wednesday, January 22nd 2014 [ME NewsWire]

Singapore Exchange Mainboard listed Stratech Systems Limited ("Stratech") and its UAE Partner, Bayanat Airports Engineering & Supplies LLC ("Bayanat Airports”) today announced that they have been awarded the Runway Debris Management System contract for Dubai International Airport in the United Arab Emirates (UAE).  

The contract, awarded by Dubai Aviation Engineering Projects (DAEP), is for the installation of the iFerret™ intelligent Airfield/Runway Surveillance and Foreign Object & Debris (FOD) Detection System at Dubai International Airport. Developed by Stratech, the market leader in RDMS solutions, the iFerret™ system is the world’s first intelligent Vision-based FOD detection system, providing real-time, autom ... Read more »

La société combinée portera le nom de Xaxis ; Brian Lesser occupera le poste de directeur général au plan mondial, David J. Moore celui de président

NEW YORK - Mercredi 22 Janvier 2014 [ME NewsWire]

(BUSINESS WIRE)--Xaxis, la plus grande plateforme multimédia et technologique programmatique au monde, a annoncé aujourd'hui la finalisation de sa fusion avec 24/7 Media. La société combinée continuera à porter le nom de Xaxis et sera dirigée par l'actuel directeur général de Xaxis au plan mondial, Brian Lesser. David J. Moore, fondateur et président-directeur général de 24/7 Media, occupera le poste de président de Xaxis.

Mark Grether conservera son poste de directeur de l'exploitation de Xaxis au plan mondial, tandis que Christina Van Tassell deviendra directrice financière. Nicolle Pangis deviendra agente principale des recettes de la soci&eac ... Read more »

Chris Good est promu au poste de Président de la société pour le Royaume-Uni et l'Irlande tandis que Sandra Main est promue au poste de Présidente mondiale de la marque La Mer

NEW YORK - Mercredi 22 Janvier 2014 [ME NewsWire]

(BUSINESS WIRE)The Estée Lauder Companies Inc. (NYSE : EL) a annoncé aujourd'hui que Chris Good a été promu au poste de Président de la société pour le Royaume-Uni et l'Irlande, et Sandra Main, à celui de Présidente mondiale de la marque La Mer, avec une prise d'effet au 1er janvier 2014.

«Son intelligence très respectée, sa connaissance approfondie du secteur et son leadership stratégique et inspirant aideront le Royaume-Uni et l'Irlande à prendre leur essor»

M. Good occupait, depuis 2012, le poste de Directeur général pour le Royaume-Uni (R.U.) et l'Irlande, où il était chargé de superviser l'activité d ... Read more »

Chris Good promoted to President, United Kingdom and Ireland Sandra Main promoted to Global Brand President, La Mer

NEW YORK - Tuesday, January 21st 2014 [ME NewsWire]

 (BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE:EL) announced today that Chris Good has been promoted to President, United Kingdom and Ireland, and Sandra Main has been promoted to Global Brand President, La Mer. Their new roles became effective on January 1, 2014.

Since 2012, Mr. Good has held the position of Managing Director, United Kingdom (U.K.) and Ireland, where he was responsible for overseeing the Company’s business in its largest market outside the United States. Mr. Good has been with the Company for more than 20 years, holding various senior level positions globally, including General Manager of Russia and Senior Vice President, Central and Eastern Europe, Middle East, India and Africa. In his new role, Mr. Good will continue to report to Cedric Prouvé, Group ... Read more »

TOKYO - Tuesday, January 21st 2014 [ME NewsWire]

(BUSINESS WIRE)-- Nikkei Business Publications (President & CEO: Kohei Osada; Tokyo) reports on up-to-the minute news on the megawatt-scale solar power generation business growing across the globe, in its specialized website "Solar Power Plant Business” in English, Chinese and Japanese. The website is dedicated for dispatching latest industry trends, management know-how, troubleshooting tips, and other stories on megawatt-scale solar power generation projects in Japan and the world.

The website delivers latest trends on photovoltaic equipment including solar panels, PV Inverter and mounting apparatus, as well as exclusive reports on visit to megawatt-scale solar power plants across Japan, and more.

To view the stories, please visit: English: http://techon.nikkeibp.co.jp/solar-power-plant/ Chinese: http://china.nikkeibp.com.cn/china/mega-solar/top.html Japanese: http://techon.nikkeibp.co.jp/mega-solar/

Sinc ... Read more »

Combined Company to Be Known as Xaxis; Brian Lesser to Serve as Global CEO, David J. Moore to Serve as Chairman

NEW YORK - Tuesday, January 21st 2014 [ME NewsWire]

(BUSINESS WIRE)--Xaxis, the world's largest programmatic media and technology platform, announced today the finalization of its merger with 24/7 Media. The combined company will continue under the Xaxis name and will be led by existing Xaxis global CEO Brian Lesser. David J. Moore, the founder, CEO and chairman of 24/7 Media will serve as Xaxis chairman.

Mark Grether will remain as Xaxis global chief operating officer and Christina Van Tassell will become chief financial officer. Nicolle Pangis will become the company’s chief revenue officer and Paul Dolan will continue in his role as senior vice president, global business development. Caspar Schlickum has been elevated from his position of managing director, EMEA for Xaxis to CEO, EMEA. Xaxis regional managing directors Michel de Rijk (APAC), Brian Glea ... Read more »

TOKYO - Monday, January 20th 2014 [ME NewsWire]

 (BUSINESS WIRE)-- Otsuka Pharmaceutical Co., Ltd. (Head office: Chiyoda-ku, Tokyo; President, Representative Director: Taro Iwamoto) signed a partnership agreement with the Olympic Council of Asia (OCA) for the 2014 Incheon Asian Games (Korea) and the 2019 Hanoi Asian Games (Vietnam) during the General Assembly held in Manila, the Philippines, on January 18. The Asian Games are organized by OCA and are the largest comprehensive sports event in the region of Asia.

    A partnership agreement has been signed for the Incheon Asian Games (Korea) in September 2014 and the 2019 Hanoi Asian Games (Vietnam). The Asian Games are the largest sports event in Asia.
    The population of Asian Games member countries totals approximately 3.8 billion*1, which accounts for about half of the world population. Otsuka Pharmaceutical believes that sports are an important element of health for people in Asi ... Read more »