ABU DHABI, United Arab Emirates - Sunday, August 3rd 2014

Of the 17 traffic accidents on the roads and highways inside and outside of the Emirate of Abu Dhabi, five people were killed and six others were seriously injured. These numbers were recorded during the Eid Al Fitr holiday between the period of 28 July and 2 August.

Colonel Khamis Ishaq Mohammed, Deputy Director of the Abu Dhabi Police Traffic and Patrols Directorate, explained that the traffic accidents on those roads and highways were mainly caused by speeding and inattention.  

He also explained that the traffic accidents registered during the Eid holiday varied among incidents involving run-overs, crashes, and swerving. In total, 17 accidents were recorded in the Emirate of Abu Dhabi, 11 of these accidents were in the city of Abu Dhabi and resulted in three deaths and five serious injuries. There were four accidents in the city of Al Ain which resulted in two deaths, and two accidents in the ... Read more »

Abu Dhabi, United Arab Emirates - Friday, August 1st 2014 [ME NewsWire]

Special women police officers at the Traffic and Patrols Directorate of the Abu Dhabi Police are in charge of investigating with women drivers who cause traffic accidents. They also provide psychological support to these women to help them cope with the emotional shock from the accidents they are involved in, and take their statement. This is achieved in a way that preserves women’s privacy and puts them at ease to ensure a seamless investigation process.

To this end, the Traffic and Patrols Directorate has set up an office to handle traffic accidents involving female drivers. It also provided specialized female police officers to follow-up on the circumstances surrounding the accidents, both on site and at the office with the women involved. They are dispatched to the accident’s site as soon as notification is received by the operations room, where they take the initial statement bef ... Read more »

NEW YORK. - Saturday, August 2nd 2014 [ME NewsWire]

(BUSINESS WIRE) Citigroup Inc. (NYSE:C) and Lexington Partners ("Lexington") announced today that they have entered into a definitive agreement whereby Citi will sell 80% of its $1.5 billion limited partnership interest in Metalmark Capital Partners II (“MCP II”) to Lexington. As part of the previously announced revision of the business relationship between Citi and Metalmark in December 2013, Citi will offer 20% of its limited partnership interest to existing MCP II limited partners. Terms of the transaction, which is expected to close in the fourth quarter of 2014, are not being disclosed. Completion of the transaction is subject to customary closing conditions.

“We are excited to expand our longstanding relationship with the principals at Metalmark, a leading middle market sponsor with whom Lexington has been an investor for nearly 20 years,” said Brent Nicklas, Managing Partner ... Read more »

NEW YORK. - Saturday, August 2nd 2014 [ME NewsWire]

(BUSINESS WIRE) Citigroup Inc. (NYSE:C) and Lexington Partners ("Lexington") announced today that they have entered into a definitive agreement whereby Citi will sell 80% of its $1.5 billion limited partnership interest in Metalmark Capital Partners II (“MCP II”) to Lexington. As part of the previously announced revision of the business relationship between Citi and Metalmark in December 2013, Citi will offer 20% of its limited partnership interest to existing MCP II limited partners. Terms of the transaction, which is expected to close in the fourth quarter of 2014, are not being disclosed. Completion of the transaction is subject to customary closing conditions.

“We are excited to expand our longstanding relationship with the principals at Metalmark, a leading middle market sponsor with whom Lexington has been an investor for nearly 20 years,” said Brent Nicklas, Managing Partner ... Read more »

ABU DHABI, United Arab Emirates - Saturday, August 2nd 2014 [ME NewsWire]

According to Brigadier Hamad Ajlan Al Amimi, Director of the Al Ain Police Directorate, the directorate has arrested 44 beggars during Ramadan in possession of wads of cash of several foreign currencies. He explained that the detained beggars resorted to different means and tricks to entreat money such as selling Quran and prayer brochures, and requesting alms from pedestrians and motorists by showing fake medical reports on fake medical condition, to exploit their sympathy.

Brigadier Al Amimi called upon citizens and residents to assume their societal responsibility and contribute to the endeavors undertaken by the police by reporting beggars who crowd in markets or in front of houses by calling the Operations Room on (999), via the Aman service on 8002626 which receives information confidentially, or via text on 2828.

"Begging is a serious problem that affects several communities ... Read more »

FinTech Webinar Examines Wealth Management Technology Trends

SAN MATEO, Calif. - Thursday, July 31st 2014 [ME NewsWire]
(BUSINESS WIRE) Leaders from major financial technology start-up companies Xignite and Wealthfront, join guest speaker Bill Doyle, Vice President and Principal Analyst at Forrester Research, Inc., to provide their insights into a new digital era, which is revolutionizing the wealth management sector and challenging traditional wealth management advisory models.
In a webcast, now available, Stephane Dubois, CEO and Founder of Silicon Valley-based financial cloud-based market data provider Xignite; guest speaker Bill Doyle, Vice President and Principal Analyst at Forrester Research, Inc.; and Andy Rachleff, Executive Chairman of Wealthfront, an automated investment service provider, examine and discuss the key technological drivers that are making this revolution possible and provide their views on the future for the wealth management industry.
... Read more »

HIGHLAND HEIGHTS, Ky. - Saturday, August 2nd 2014 [ME NewsWire]

(BUSINESS WIRE)-- General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended June 27, 2014. For the second quarter of 2014, excluding certain items, the Company recorded adjusted income per share of $0.29 and adjusted operating income of $57 million. For the second quarter of 2014, reported loss per share was ($0.51) and reported operating income was $14 million. A reconciliation of adjusted earnings per share to reported loss per share and adjusted operating income to reported operating income is included on page 3 of this press release.

Highlights

    Immediate action taken under the Company’s restructuring program with the announced closure of three manufacturing facilities
    Adjusted operating income of $57 million and adjusted EPS of $0.29 per share were both within management’s guidance range for the second qua ... Read more »

LONDON. - Friday, August 1st 2014 [ME NewsWire]

(BUSINESS WIRE) Tom Phillips, Chief Regulatory Officer, GSMA, offered the following statement regarding the outcome of the International Telecommunication Union’s (ITU) Joint Task Group meeting in Geneva:

“At a critical ITU meeting in Geneva yesterday, governments across the globe agreed to put forward for detailed discussion a number of new spectrum bands for use by mobile broadband services. While a final decision will not be taken until the World Radiocommunication Conference (WRC) in November 2015, the GSMA welcomes the news that the full range of new spectrum bands supported by the mobile industry remain potential solutions to meet the growing demand of consumers globally for mobile data.

“Extensive technical analysis has been carried out by governments, industry and international organisations to support the allocation of new spectrum for mobile broadband services. New, harmonised spectru ... Read more »

LUXEMBOURG. - Friday, August 1st 2014 [ME NewsWire]

(BUSINESS WIRE) SES (NYSE Paris:SESG) (LuxX:SESG) announced today that it has appointed Evie Roos as the company’s Executive Vice President, Human Resources. Evie succeeds Grace de Latour who leaves SES to take on new challenges in the US.

Evie joined SES in January 2013, providing strategic and operational services worldwide for employee-related areas such as recruitment, performance management, organisational structuring, HR policies and processes, and people management consultancy.

She joined SES from the steel and mining company ArcelorMittal, where she held several positions of responsibility over a twenty-year period, first within the Legal and later within the Human Resources department.

Follow us on:

Twitter: https://twitter.com/SES_Satellites

Facebook: https://www.facebook.com/SES.YourSatelliteCompany

YouTube: http://www.youtube.com/SESVideoChannel

Blog: ... Read more »

International Modern Hospital Show 2014

OSAKA, Japon. - Dimanche 3 Août 2014 [ME NewsWire]

(BUSINESS WIRE)--Sous le thème « Providing optimal healthcare for each individual » (Offrir à chaque patient les meilleurs soins médicaux), Panasonic Healthcare Co., Ltd a présenté ses solutions les plus récentes au salon International Modern Hospital Show 2014, qui s’est tenu au Tokyo Big Sight du 16 au 18 juillet. Une vaste gamme de solutions a été exposée dans cinq zones : Hôpital, clinique, soins à domicile, pharmacie et soins de santé.

 [Vidéo] Les solutions informatiques médicales de Panasonic font reculer les frontières des soins de santé http://www.youtube.com/watch?v=phidbZhePTw

Aperçu des solutions exposées :

Nouveaux modèles de machines de comptage et d’emballage automatiques de comprimés et système d’audit médical

Panasonic a également présenté ses machines de comptage et de d'emballage automatiq ... Read more »

OSAKA, Japan. - Friday, August 1st 2014 [ME NewsWire]

(BUSINESS WIRE) Panasonic has expanded its relationship with Hendrick Motorsports with a new multi-year agreement that includes primary sponsorship of the No. 24 team of four-time NASCAR Sprint Cup Series champion and current points leader Jeff Gordon. Panasonic will be featured as a primary sponsor of the No. 24 team in two Sprint Cup races annually and as an associate-level partner in all other events. It will mark the first on-car branding for Panasonic since joining Hendrick Motorsports as a technology partner in 2007. The agreement covers the 2014, 2015 and 2016 NASCAR seasons.

[Video] Panasonic Solar and Toughbook Driving the Revolution at Sonoma Raceway http://www.youtube.com/watch?v=phctlr1mPCA

Gordon's No. 24 Panasonic Chevrolet SS debuted on June 22nd at California's Sonoma Raceway and will again appear Aug. 31 at Atlanta Motor Speedway. Panasonic's Toughbook brand will be featured on ... Read more »

ABU DHABI, United Arab Emirates - Saturday, August 2nd 2014 [ME NewsWire]

According to Colonel Dr. Rashid Mohammad Borshid, Head of the Criminal Investigation Department (CID), the Abu Dhabi Police recently arrested a GCC national student for promoting fireworks using social media websites. He explained that the suspect was found in possession of 14 boxes with 483 firecracker sets of different shapes, types, and sizes which are deemed illegal for private use and dangerous, most of which were stored in an unsafe way at his residence.

In detail, Colonel Borshid noted that the Organized Crime Section affiliated with the department had received a reliable tip-off about a young man promoting fireworks using social media websites. The section investigated the case and validated the information. “Following concise legal proceedings, a team was formed to track the suspect's activity. The suspect, identified as A. Kh. (21 years old), was arrested  in Al Shahama ... Read more »

Target to supply 5% of local production by FY2016, starting with commercial partnership with Ootoya Japanese Restaurant

SINGAPORE. - Friday, August 1st 2014 [ME NewsWire]

(BUSINESS WIRE)  Panasonic Factory Solutions Asia Pacific (Panasonic) announced today its pilot commercial supply of locally-harvested vegetables to Japanese restaurant, Ootoya. The premium Japanese crop varieties, mini red radish; red leafy lettuce; and mizuna (potherb mustard) are cultivated in the country’s first licensed indoor vegetable farm with controlled and optimised conditions. In land scarce Singapore where only 8% of vegetables consumed are grown in local farms*, Panasonic aims to contribute to the Agri-Food and Veterinary Authority’s (AVA) vision of raising self-sufficiency level for leafy vegetables through its technology and harvest. The company targets to increase its contribution to local production from the current 0.015% to 5% by FY2016, fiscal year ending March 2 ... Read more »

- Operating profit increased due mainly to sales increase in real terms and fixed-cost reduction -

OSAKA, Japan - Thursday, July 31st 2014 [ME NewsWire]

(BUSINESS WIRE)-- Panasonic Corporation (Panasonic [TOKYO:6752]) today reported its consolidated financial results for the first quarter, ended June 30, 2014, of the current fiscal year ending March 31, 2015 (fiscal 2015).

Consolidated First-quarter Results

Consolidated group sales for the first quarter increased by 2% to 1,852.3 billion yen compared with 1,824.5 billion yen for the first quarter of the year ended March 31, 2014 (fiscal 2014). Yen depreciation contributed to sales increase. Demand in Japan overall decreased mainly in consumer electronics products following demand surge before the consumption tax hike in April. Meantime, this negative effect was mostly offset due mainly to the effect of demand surge before the tax hike remaining in the first quarter for some products. Automotive-relate ... Read more »

Ten Millionth ASIC Shipped Demonstrates A Growing Need For A Fast Time to Market and Low Cost Silicon Customization Product

SANTA CLARA, Calif. - Thursday, July 31st 2014 [ME NewsWire]
(BUSINESS WIRE)-- eASIC Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced that it has shipped over ten million chips to date. The majority of the shipments are utilized in some of the fastest growing and dynamic markets. eASIC chips can be found in a variety of applications such as NAND Flash controllers, LTE and 3G radio heads, mobile wireless backhaul systems plus many others.
“eASIC has become the go-to provider for fast time to market, cost effective, mass customization ASIC devices,” said Ronnie Vasishta, President and CEO of eASIC. “This milestone demonstrates that the need for our product has been building quickly and continues to expand deeply and broadly. The alternatives that have been around for over two decade ... Read more »

International Modern Hospital Show 2014

OSAKA, Japan - Friday, August 1st 2014 [ME NewsWire]

(BUSINESS WIRE)-- Under the theme of "Providing optimal healthcare for each individual," Panasonic Healthcare Co., Ltd. showcased its latest solutions at the International Modern Hospital Show 2014, which was held at the Tokyo Big Sight from July 16 to 18. An extensive range of solutions was on display in five zones: Hospital, Clinic, Home Care, Pharmacy, and Healthcare.

[Video] Panasonic's medical IT solutions help push the frontiers of healthcare http://www.youtube.com/watch?v=phidbZhePTw

Overview of the Exhibited Solutions:

Newly-evolved Automatic Tablet Counting and Packaging Machines, and Medicine Audit Support System

Panasonic also showcased its Automatic Tablet Counting and Packaging Machines, sold overseas, for use by pharmaceutical departments. After receiving information about prescriptions from the electronic medical ch ... Read more »

HOUSTON. - Thursday, July 31st 2014 [ME NewsWire]

(BUSINESS WIRE) Golden Pass Products, LLC has awarded a front-end engineering and design (FEED) services contract for its proposed natural gas liquefaction and export project in Sabine Pass, Texas to Chiyoda Corporation. Also participating in the development of the FEED services will be Chiyoda’s partner CB&I.

During the FEED stage of the project, Golden Pass and its contractors will further define the technical, design, and cost components of the LNG liquefaction and export facilities.

“This is a significant milestone for the Golden Pass LNG export project,” Eric Pletcher, president of Golden Pass LNG, said. “Capitalizing on Chiyoda’s and CB&I’s global expertise in LNG facility design brings the project one step closer to reality.”

Chiyoda and CB&I also successfully completed the pre-FEED and engineering work necessary to support Golden Pass’ ... Read more »

ME NewsWire/Business Wire

SOMERSET, N.J. - Thursday, July 31st 2014

Catalent, Inc. (“Catalent”), the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, today announced the pricing of its initial public offering of 42,500,000 shares of its common stock at $20.50 per share. The shares are expected to begin trading on the New York Stock Exchange on July 31, 2014 under the ticker symbol “CTLT,” and the offering is expected to close on August 5, 2014, subject to customary closing conditions. Catalent has granted the underwriters a 30-day option to purchase up to an additional 6,375,000 at the initial public offering price.

Catalent expects to receive net proceeds of approximately $822.7 million after deducting underwriting discounts and estimated offering expenses, and intends to use the proceeds to reduce debt.

Morgan Stanley, J.P. Morgan, BofA Merr ... Read more »

COLOMBES, France. - Dimanche 3 Août 2014 [ME NewsWire]

(BUSINESS WIRE) Oberthur Technologies, un leader mondial dans les solutions de sécurité numérique pour la mobilité, annonce ce jour que PEARL, son élément sécurisé embarqué a été sélectionné par nubia, la marque premium de ZTE, pour lui permettre d’offrir un service de paiement mobile China UnionPay (CUP) dans son smartphone nubia Z7, nouvellement présenté.

Parmi les fonctionnalités du nouveau smartphone nubia Z7, l’une des plus significatives est le paiement sécurisé et pratique. Les utilisateurs n’ont pas besoin de changer ou d’ajouter d’élément hardware ; ils téléchargent directement leur carte bancaire China UnionPay Over-The-Air dans l’élément sécurisé embarqué d’OT. Ils peuvent ainsi payer directement avec leur smartphone, en passant leur téléphone mobile devant l’un des 3 millions de terminaux sans contact compatibles en Chine. Une solution sécurisée, rapide ... Read more »

Urged Merchants to Keep Money in Banks or Safes

Abu Dhabi, United Arab Emirates - Friday, August 1st 2014 [ME NewsWire]

The Capital Police Directorate urged citizens and residents to secure their houses before travelling to protect them from theft. The directorate also called on shopkeepers to keep their money safely in banks or in sealed safes, and not to leave large sums of money in drawers that are easy to crack open by burglars.

Colonel Dr. Rashid Mohammad Borshid, Acting Director of the Capital Police Directorate noted that there are several measures that individuals can implement in order to protect their homes against theft. “These measures include firmly locking doors, asking relatives to remove newspapers and advertisement brochures left at the house’s doorsteps daily, leaving external lights to suggest activity around the house, and refraining from leaving valuables at home,” explained Colonel Borshid.

Furthermore, he stres ... Read more »