KUALA LUMPUR, Sept 27 -- A series of exhibitions staged by the Agency for Cultural Affairs comes to a close today, in the ‘Japan Media Arts Distributed Museum’ at Tokyo’s Haneda Airport.
The series which began on Sept 11, is aimed at demonstrating media arts or Japanese cultures in 10 airports and other institutions.
The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History, according to a statement from the Japan Media Arts Distributed Museum Office.
This event at the airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan.
The exhibition features an installation developed by the AR3Bros., a trio of Japanese augmented reality creators, with the motifs of artworks ‘Edo Scenes Folding Screens’ and ‘Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama’.
These works portraying the feudal period of Edo (old Tokyo), are owned by the National Museum of Japanese History. More information at https://jmadm.jp/en.
-- BERNAMA
Saturday, September 28, 2019
Friday, September 27, 2019
SMARTSTREAM'S NEW ARTIFICIAL INTELLIGENCE MANAGED SERVICE FOR PROACTIVE DATA MONITORING
LONDON, Sept 25 (Bernama-BUSINESS WIRE) -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launched artificial intelligence (AI) into its existing managed service offering, which covers reconciliations, corporate actions, cash management and reference data. SmartStream has worked alongside its clients to introduce AI into their managed services offering that will reduce operating costs and pricing, as well as improving operational efficiency and reporting.
The new AI service increases the quality of managed services with new monitoring tools, it will trace incoming messages for SLA’s - ensuring data is delivered correctly. It provides a proactive approach to monitoring, if the quality of the data is poor it is escalated, thereby lowering the number of exceptions feeding regulatory reporting, for example, such as the FCA’s CASS reporting and Risk Weighted Asset Calculations. This all combined improves accuracy of operational risk and controls reporting within an organisation.
http://mrem.bernama.com/viewsm.php?idm=35598
The new AI service increases the quality of managed services with new monitoring tools, it will trace incoming messages for SLA’s - ensuring data is delivered correctly. It provides a proactive approach to monitoring, if the quality of the data is poor it is escalated, thereby lowering the number of exceptions feeding regulatory reporting, for example, such as the FCA’s CASS reporting and Risk Weighted Asset Calculations. This all combined improves accuracy of operational risk and controls reporting within an organisation.
http://mrem.bernama.com/viewsm.php?idm=35598
TOSHIBA LAUNCHES VOLTAGE DRIVEN PHOTORELAY IN INDUSTRY'S SMALLEST PACKAGE WITH REDUCED INPUT POWER DISSIPATION
TOKYO, Sept 25 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has started to ship “TLP3407SR,” a new voltage driven photorelay that delivers lower power dissipation and the industry’s smallest[1] mounting area.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190925005297/en/
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190925005297/en/
TLP3407SR has a maximum limited LED current of 1mA at voltage input, a reduction to about one third of that of the earlier “TLP3407SRH.” With this, the new photorelay cuts maximum input power dissipation to 3.3mW[2], supporting lower power consumption by equipment such as probe cards, automatic semiconductor test equipment (ATE), semiconductor testers, and the boards of associated application.
Thursday, September 26, 2019
MEET GEMI: THE WORLD'S FIRST MULTI-CAMERA RECORDING APP TO MAXIMIZE YOUR NEW IPHONE'S POWER FOR STORYTELLING
SAN FRANCISCO, Sept 25 (Bernama-BUSINESS WIRE) -- The masterminds behind Firework announced the launch of GEMI, the world’s first multi-cam recording tool on the App Store. Built upon the latest hardware technology in iPhone 11, GEMI captures moments with front and back cameras simultaneously to create an ultra-immersive experience. This free easy-to-use app integrates special effects into real-time reporting, surpassing many existing professional post-recording editing tools.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190924006112/en/
“There are so many life moments captured where the cameraman is not in the frame. With GEMI, we put the storyteller back into the story. The story is only complete if you’re in it,” said Vincent Yang, Co-Founder and CEO of GEMI.
http://mrem.bernama.com/viewsm.php?idm=35587
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190924006112/en/
“There are so many life moments captured where the cameraman is not in the frame. With GEMI, we put the storyteller back into the story. The story is only complete if you’re in it,” said Vincent Yang, Co-Founder and CEO of GEMI.
http://mrem.bernama.com/viewsm.php?idm=35587
Wednesday, September 25, 2019
NAB AND SMARTTRADE STRENGTHEN THEIR LONG-TERM RELATIONSHIP
MELBOURNE, Australia & LONDON, Sept 24 (Bernama-BUSINESS WIRE) -- National Australian Bank (NAB), Australia’s leading bank for businesses in Australia, and smartTrade Technologies, a global leader in multi-asset, end-to-end trading solutions, announce today an extension of their ongoing relationship.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190924005072/en/
NAB FX business is powered by LiquidityFX, smartTrade’s sophisticated and flexible end-to-end trading platform. LiquidityFX was selected in 2014 as a market connectivity solution for NAB, offering a mature, quick to market solution.
http://mrem.bernama.com/viewsm.php?idm=35577
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190924005072/en/
NAB FX business is powered by LiquidityFX, smartTrade’s sophisticated and flexible end-to-end trading platform. LiquidityFX was selected in 2014 as a market connectivity solution for NAB, offering a mature, quick to market solution.
http://mrem.bernama.com/viewsm.php?idm=35577
Mary Kay reveals breakthrough in slackened skin research at France meeting
KUALA LUMPUR, Sept 18 -- Mary Kay Inc is sharing its latest research targeting the causes and underlying mechanisms of slackened skin at the 49th Annual Meeting of the European Society for Dermatological Research (ESDR).
Themed ‘Connecting Skin Science and Health’, the four-day meeting beginning today, takes off in Bordeaux, France.
By uniting the finest specialists of European dermatology, the 49th ESDR meeting provides a unique opportunity for Mary Kay to share its latest technological advances and breakthroughs on skin health.
The appearance of slackened, sagging skin tends to become prevalent in the fourth or fifth decade of life, regardless of lifestyle or environmental exposure.
The constant effect of gravity over time contributes to the emergence of prominent nasolabial folds and sagging skin along the jawline and neck.
“As sagging skin is a consumer concern, we developed a treatment product specifically targeted to lift sagging skin,” said Mary Kay Inc chief scientific officer, Dr Lucy Gildea.
“Our scientists tested hundreds of materials on human skin cells to identify the most effective combination of ingredients that help promote natural hyaluronic acid and collagen, the two factors that are reduced in slackened skin.
Efficacy of the TimeWise Repair® Volu-Firm® Lifting Serum by Mary Kay has been verified in labs and by women themselves on their skin in clinical tests.
-- BERNAMA
Themed ‘Connecting Skin Science and Health’, the four-day meeting beginning today, takes off in Bordeaux, France.
By uniting the finest specialists of European dermatology, the 49th ESDR meeting provides a unique opportunity for Mary Kay to share its latest technological advances and breakthroughs on skin health.
The appearance of slackened, sagging skin tends to become prevalent in the fourth or fifth decade of life, regardless of lifestyle or environmental exposure.
The constant effect of gravity over time contributes to the emergence of prominent nasolabial folds and sagging skin along the jawline and neck.
“As sagging skin is a consumer concern, we developed a treatment product specifically targeted to lift sagging skin,” said Mary Kay Inc chief scientific officer, Dr Lucy Gildea.
“Our scientists tested hundreds of materials on human skin cells to identify the most effective combination of ingredients that help promote natural hyaluronic acid and collagen, the two factors that are reduced in slackened skin.
Efficacy of the TimeWise Repair® Volu-Firm® Lifting Serum by Mary Kay has been verified in labs and by women themselves on their skin in clinical tests.
-- BERNAMA
Tuesday, September 24, 2019
SmartStream launches instant reconciliation solution using AI, machine learning
KUALA LUMPUR, Sept 24 -- SmartStream Technologies today launched a new revolutionary approach for reconciliations, allowing business users to reconcile complex sets of data, within seconds.
The solution, SmartStream Air, is immediately accessible and uses transformative artificial intelligence (AI) algorithms to auto-configure reconciliations of any data structure.
The solution provides true AI - it has been proven in a number of tier-one banks, it has been tested with a number of customers, who are now implementing the solution.
It eliminates a great deal of time and effort, as well as makes business users far less reliant on support from teams of operations and IT staff.
According to SmartStream chief executive officer, Haytham Kaddoura, SmartStream Air is like having a highly skilled virtual operations team on hand that can tap into on demand. It is the only truly instant reconciliation solution currently available, producing accurate results within seconds.
“The solution is underpinned by sophisticated machine learning technology and is continuously improving, meaning that results only get better as time goes by. Reconciliations have met their match, you could say”.
More information on the newly-launched solution at www.smartstream-stp.com
-- BERNAMA
The solution, SmartStream Air, is immediately accessible and uses transformative artificial intelligence (AI) algorithms to auto-configure reconciliations of any data structure.
The solution provides true AI - it has been proven in a number of tier-one banks, it has been tested with a number of customers, who are now implementing the solution.
It eliminates a great deal of time and effort, as well as makes business users far less reliant on support from teams of operations and IT staff.
According to SmartStream chief executive officer, Haytham Kaddoura, SmartStream Air is like having a highly skilled virtual operations team on hand that can tap into on demand. It is the only truly instant reconciliation solution currently available, producing accurate results within seconds.
“The solution is underpinned by sophisticated machine learning technology and is continuously improving, meaning that results only get better as time goes by. Reconciliations have met their match, you could say”.
More information on the newly-launched solution at www.smartstream-stp.com
-- BERNAMA
2019 marks first year where more than half of global population uses Internet - Euromonitor International
KUALA LUMPUR, Sept 18 -- More than half the global population is using the Internet in 2019, compared to 24 per cent in 2009, according to global market research company, Euromonitor International.
Smartphones are the go-to device for Internet access with 50 per cent of the global population using a mobile phone to connect this year.
In addition, consumers purchased more on mobile phones than any other device for the first time in 2018, spending US$2.7 trillion on products and services, said a statement. (US$1 = RM4.18)
“Widespread connectivity ushered in speed, convenience and instant access across life. Now, connected consumers have more power at their fingertips and companies are under pressure to deliver personalised experiences across all channels,” said Euromonitor International head of digital consumer, Michelle Evans.
She will uncover the most influential consumer segment of today’s digital world in a live webinar, ‘Five Key Traits Defining Connected Consumers’ on Sept 24 at 9 am CDT.
The research company in a survey, also found that industry professionals ranked artificial intelligence and Internet of Things as the top two technologies, impacting businesses over the next five years.
More information at https://www.euromonitor.com.
-- BERNAMA
Smartphones are the go-to device for Internet access with 50 per cent of the global population using a mobile phone to connect this year.
In addition, consumers purchased more on mobile phones than any other device for the first time in 2018, spending US$2.7 trillion on products and services, said a statement. (US$1 = RM4.18)
“Widespread connectivity ushered in speed, convenience and instant access across life. Now, connected consumers have more power at their fingertips and companies are under pressure to deliver personalised experiences across all channels,” said Euromonitor International head of digital consumer, Michelle Evans.
She will uncover the most influential consumer segment of today’s digital world in a live webinar, ‘Five Key Traits Defining Connected Consumers’ on Sept 24 at 9 am CDT.
The research company in a survey, also found that industry professionals ranked artificial intelligence and Internet of Things as the top two technologies, impacting businesses over the next five years.
More information at https://www.euromonitor.com.
-- BERNAMA
NIPPON EXPRESS ANNOUNCES INVESTMENT IN FUTURE SUPPLY CHAIN SOLUTIONS LIMITED, INDIA'S LEADING LOGISTICS SERVICE PROVIDER
TOKYO, Sept. 24, 2019 /Kyodo JBN- AsiaNet/--
Nippon Express Co., Ltd. (TSE: 9062, the "Company"), acting through its subsidiary Nippon Express (South Asia & Oceania) Pte. Ltd. has agreed to make an investment in Future Supply Chain Solutions Limited ("FSC") ("Investment"). The Board of the Company, at its meeting held on September 20, 2019, approved the execution of a Share Subscription Agreement ("SSA") and Shareholder Agreement ("SHA") with FSC and a Share Purchase Agreement ("SPA") with some FSC shareholders. FSC, listed on BSE Limited and the National Stock Exchange of India Limited, is among India's leading logistics service providers and a part of the Future Group, India's largest retail group.
The investment is subject to customary closing conditions and regulatory approvals.
http://mrem.bernama.com/viewsm.php?idm=35573
Nippon Express Co., Ltd. (TSE: 9062, the "Company"), acting through its subsidiary Nippon Express (South Asia & Oceania) Pte. Ltd. has agreed to make an investment in Future Supply Chain Solutions Limited ("FSC") ("Investment"). The Board of the Company, at its meeting held on September 20, 2019, approved the execution of a Share Subscription Agreement ("SSA") and Shareholder Agreement ("SHA") with FSC and a Share Purchase Agreement ("SPA") with some FSC shareholders. FSC, listed on BSE Limited and the National Stock Exchange of India Limited, is among India's leading logistics service providers and a part of the Future Group, India's largest retail group.
The investment is subject to customary closing conditions and regulatory approvals.
http://mrem.bernama.com/viewsm.php?idm=35573
AM BEST AFFIRMS CREDIT RATINGS OF COSCO SHIPPING CAPTIVE INSURANCE CO., LTD.
HONG KONG, Sept 20 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect COSCO SHIPPING Captive’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited (COSCO SHIPPING), which AM Best perceives to benefit from strong government support.
http://mrem.bernama.com/viewsm.php?idm=35539
The ratings reflect COSCO SHIPPING Captive’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited (COSCO SHIPPING), which AM Best perceives to benefit from strong government support.
http://mrem.bernama.com/viewsm.php?idm=35539
Monday, September 23, 2019
Infinera introduces XR optics for transport network transformation
KUALA LUMPUR, Sept 23 -- Infinera, an innovative networking solutions supplier has introduced XR optics, the industry’s first point-to-multipoint coherent optical subcarrier aggregation technology optimised for hub-and-spoke traffic patterns.
“XR optics addresses a fundamental deficiency in optical communications technology and is expected to have a significant impact on any network that implements an aggregation function,” said founder and chief innovation officer, Dr Dave Welch.
XR optics is engineered to break the inherent limitations of traditional point-to-point optical transmission solutions and paves the way for disruptive network economics and a paradigm shift in transport architectures.
Powered by independently routable Nyquist subcarriers and coherent optical aggregation capabilities, XR optics enable network operators to design more efficient, flexible and cost-effective transport networks optimised for the applications driving network growth.
With coherent subcarrier aggregation capabilities, XR optics technology enables a single high-speed transceiver to simultaneously send and receive independent data streams to, or from numerous low-speed transceivers.
XR optics is designed to be integrated into a variety of form factors, including industry-standard pluggables, from low-speed interfaces with a single subcarrier to high-speed (400G+) interfaces with numerous subcarriers.
More information at https://www.infinera.com
-- BERNAMA
AM Best affirms credit ratings of Samsung Fire & Marine Insurance, subsidiaries
KUALA LUMPUR, Sept 23 -- AM Best, a global credit rating agency has affirmed credit ratings of Samsung Fire & Marine Insurance Co Ltd (SFM) South Korea and its subsidiaries.
SFM has the Financial Strength Rating (FSR) of A++ (superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘aa+’.
Meanwhile, its subsidiaries, Samsung Vina Insurance Co Ltd in Vietnam and PT Asuransi Samsung Tugu in Indonesia have the FSR of A- (excellent) and the Long-Term ICRs of ‘a-’.
The agency said in a statement that the outlook of these credit ratings was stable.
AM Best has also revised the outlook to negative from stable and affirmed the FSR of A (excellent) and the Long-Term ICR of ‘a’ of SFM’s wholly owned subsidiary, Samsung Reinsurance Pte Ltd in Singapore.
The ratings reflect SFM’s balance sheet strength, which AM Best described as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
SFM’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, is at the strongest level, supported by the company’s large absolute capital base, which reached US$11 billion at 2018-end. (US$1=RM4.17)
SFM is an undisputed market leader in South Korea’s non-life insurance industry, with strong brand recognition and approximately a 24 per cent share of the market in terms of gross premium written.
More details on the credit ratings at www.ambest.com
-- BERNAMA
PRA HEALTH SCIENCES, SYMPHONY HEALTH LAUNCH METYS(TM) NATIONAL MARKET MEASUREMENT TOOL
RALEIGH, N.C., Sept 19 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences (NASDAQ: PRAH) announced today the launch of Symphony Health’s new national market measurement tool – Metys™ (pronounced Met-IS), the only completely integrated, all-in-one market research solution available from a contract research organization (CRO).
The first platform of its kind, Metys delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive. Now life sciences and other industries are better equipped to manage diverse portfolios with accuracy, reliability and agility.
http://mrem.bernama.com/viewsm.php?idm=35523
The first platform of its kind, Metys delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive. Now life sciences and other industries are better equipped to manage diverse portfolios with accuracy, reliability and agility.
http://mrem.bernama.com/viewsm.php?idm=35523
Akynzeo® oral formulation in China obtains NMPA approval
KUALA LUMPUR, Sept 17 -- The National Medical Products Administration (NMPA) has approved the oral formulation of Akynzeo® to treat chemotherapy-induced nausea and vomiting (CINV) in China.
This follows the announcement made by Helsinn Healthcare S.A., a Swiss-based pharmaceutical group and market leader in pain management, namely Mundipharma China Pharmaceutical.
Under the terms of agreement, Helsinn will be responsible for supplying the drug to Mundipharma and co-detailing the product in Shanghai while retaining all international development rights, including clinical development activities.
Meanwhile, the Mundipharma China Pharmaceutical has exclusive marketing, promotion and sale rights for the oral formulation of Akynzeo® in China.
Helsinn Group vice-chairman and chief executive officer, Riccardo Braglia said: “Lack of control of CINV is a problem despite the availability of several antiemetics. We are pleased that Akynzeo® that targets two CINV critical pathways in a single dose will help patients and their families, also in China.
“We are also very pleased to be working in partnership with Mundipharma Pharmaceutical. Their expert knowledge and network in China will be invaluable as we begin to market Akynzeo® in this strategically important region.”
-- BERNAMA
This follows the announcement made by Helsinn Healthcare S.A., a Swiss-based pharmaceutical group and market leader in pain management, namely Mundipharma China Pharmaceutical.
Under the terms of agreement, Helsinn will be responsible for supplying the drug to Mundipharma and co-detailing the product in Shanghai while retaining all international development rights, including clinical development activities.
Meanwhile, the Mundipharma China Pharmaceutical has exclusive marketing, promotion and sale rights for the oral formulation of Akynzeo® in China.
Helsinn Group vice-chairman and chief executive officer, Riccardo Braglia said: “Lack of control of CINV is a problem despite the availability of several antiemetics. We are pleased that Akynzeo® that targets two CINV critical pathways in a single dose will help patients and their families, also in China.
“We are also very pleased to be working in partnership with Mundipharma Pharmaceutical. Their expert knowledge and network in China will be invaluable as we begin to market Akynzeo® in this strategically important region.”
-- BERNAMA
Friday, September 20, 2019
China, ASEAN strengthen bond to boost trade, financing
KUALA LUMPUR, Sept 20 -- The financial ties between China and ASEAN member countries have been strengthened to boost trade and financing cooperation.
This follows the 16th China-ASEAN Expo held in Nanning, Guangxi, China for four days, beginning today.
Bank of China, Agricultural Bank of China, China Construction Bank, ICBC, HSBC (China) and Singapore's DBS Bank have confirmed their participation in a financial service exhibition to display cross-border financing and settlement, fintech as well as ITFIN.
Ten banks from ASEAN countries have established 36 branches in China with banks from Singapore and Thailand having the most branches.
Three Thai banks have set up nine branches, of which the Bangkok Bank has established four branches in Beijing and Shanghai, engaging in wholesale and retail banking. Meanwhile, branches of Chinese financial institutions are also increasing in ASEAN.
In addition, China and ASEAN are also promoting the establishment of a bank's bilateral settlement network to facilitate cross-border RMB trade settlement.
China has introduced direct transactions in the inter-bank foreign exchange market, including RMB against Singapore Dollar, Malaysian Ringgit and Thai Baht, innovating the listing of RMB against Cambodian Riel.
China has also reached agreements with Singapore, Malaysia, Thailand and other countries on the establishment of RMB Qualified Foreign Institutional Investors.
-- BERNAMA
This follows the 16th China-ASEAN Expo held in Nanning, Guangxi, China for four days, beginning today.
Bank of China, Agricultural Bank of China, China Construction Bank, ICBC, HSBC (China) and Singapore's DBS Bank have confirmed their participation in a financial service exhibition to display cross-border financing and settlement, fintech as well as ITFIN.
Ten banks from ASEAN countries have established 36 branches in China with banks from Singapore and Thailand having the most branches.
Three Thai banks have set up nine branches, of which the Bangkok Bank has established four branches in Beijing and Shanghai, engaging in wholesale and retail banking. Meanwhile, branches of Chinese financial institutions are also increasing in ASEAN.
In addition, China and ASEAN are also promoting the establishment of a bank's bilateral settlement network to facilitate cross-border RMB trade settlement.
China has introduced direct transactions in the inter-bank foreign exchange market, including RMB against Singapore Dollar, Malaysian Ringgit and Thai Baht, innovating the listing of RMB against Cambodian Riel.
China has also reached agreements with Singapore, Malaysia, Thailand and other countries on the establishment of RMB Qualified Foreign Institutional Investors.
-- BERNAMA
CRYPTOCURRENCY MINING RIGS WITH ROI IN ONE MONTH RELEASED
WELLINGTON, New Zealand, Sept 18 (Bernama-GLOBE NEWSWIRE) -- Lyre Miner and Harp Miner, two crypto mining rigs launched recently by www.BitHarp.com, have opened up excellent investment opportunities for all types of investors. Unlike most other similar products available in the market, these two mining rigs have been specially designed and configured to let the beginners earn a decent return on their investment without having to delve deep into the technical aspects of mining. Most importantly, BitHarp promises 100% ROI in about a month, for both their products.
http://mrem.bernama.com/viewsm.php?idm=35502
http://mrem.bernama.com/viewsm.php?idm=35502
14 days more to ´grab 4, pay only 3´ mining rigs offer
KUALA LUMPUR, Sept 19 (Bernama) -- New Zealand-based cryptocurrency manufacturer, BitHarp is offering 14 days more on promotional campaign for its newly-launched two mining rigs, which will end on Oct 2.
The company is currently introducing an attractive ‘3 plus 1’ offer, letting those who purchase three units to receive an additional unit, free of charge.
Both high-performance mining rigs, Lyre Miner and Harp Miner are suitable for use at home, office and data centres. Both are also capable of mining Bitcoin, Litecoin, Ethereum and Dash.
According to a BitHarp spokesman, the company is always looking for ways to make crypto mining more profitable for its customers.
“Now, you can take four of our high-performance mining rigs, (but only) paying the price for three, until Oct 2.”
BitHarp manufactures most high-performance and flexible mining rigs, built with the goal of making mining easier and more profitable for investors. More details at https://www.bitharp.com/
-- BERNAMA
The company is currently introducing an attractive ‘3 plus 1’ offer, letting those who purchase three units to receive an additional unit, free of charge.
Both high-performance mining rigs, Lyre Miner and Harp Miner are suitable for use at home, office and data centres. Both are also capable of mining Bitcoin, Litecoin, Ethereum and Dash.
According to a BitHarp spokesman, the company is always looking for ways to make crypto mining more profitable for its customers.
“Now, you can take four of our high-performance mining rigs, (but only) paying the price for three, until Oct 2.”
BitHarp manufactures most high-performance and flexible mining rigs, built with the goal of making mining easier and more profitable for investors. More details at https://www.bitharp.com/
-- BERNAMA
PRA HEALTH SCIENCES, SYMPHONY HEALTH LAUNCH METYS(TM) NATIONAL MARKET MEASUREMENT TOOL
RALEIGH, N.C., Sept 19 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences (NASDAQ: PRAH) announced today the launch of Symphony Health’s new national market measurement tool – Metys™ (pronounced Met-IS), the only completely integrated, all-in-one market research solution available from a contract research organization (CRO).
The first platform of its kind, Metys delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive. Now life sciences and other industries are better equipped to manage diverse portfolios with accuracy, reliability and agility.
http://mrem.bernama.com/viewsm.php?idm=35523
The first platform of its kind, Metys delivers pharmaceutical market analytics and intelligence that is both timely and comprehensive. Now life sciences and other industries are better equipped to manage diverse portfolios with accuracy, reliability and agility.
http://mrem.bernama.com/viewsm.php?idm=35523
A NEWLY PUBLISHED 451 RESEARCH STUDY: SIGNIFICANT PRODUCTIVITY GAINS FOR THE CONNECTED WORKFORCE BEING DRIVEN BY ADOPTION OF MOBILE FIRST, MESSAGING FIRST COMMUNICATIONS
CHICAGO, Sept 18 (Bernama-GLOBE NEWSWIRE) -- A study released today by NetSfere, a secure enterprise messaging platform created by global mobility solutions provider Infinite Convergence, in conjunction with 451 Research, a leading information technology research and advisory company focusing on technology innovation and market disruption, found that flexibility in the workplace requires a mobile first, messaging first communications strategy to optimize productivity.
The study found that nearly half of both employees and IT decision makers surveyed believe they stand to gain six or more hours a week as a direct result of using their smartphones for business communication which is predominantly for messaging and collaboration. However, the right technology is needed, otherwise organizations set themselves up for fragmented collaboration and security risks.
http://mrem.bernama.com/viewsm.php?idm=35509
The study found that nearly half of both employees and IT decision makers surveyed believe they stand to gain six or more hours a week as a direct result of using their smartphones for business communication which is predominantly for messaging and collaboration. However, the right technology is needed, otherwise organizations set themselves up for fragmented collaboration and security risks.
http://mrem.bernama.com/viewsm.php?idm=35509
Thursday, September 19, 2019
BearingPoint earns FinTech & RegTech Global Award 2019 in Singapore
KUALA LUMPUR, Sept 19 (Bernama) -- BearingPoint RegTech has bagged the FinTech & RegTech Global Award 2019 in the ‘Distributed Ledger Technology Provider of the Year’ category.
BearingPoint has convinced the award jury with proof of concept (PoC) of a blockchain-based and thus innovative and cost-effective approach to face the growing complexity of regulatory reporting.
With its PoC, BearingPoint has shown that the use of distributed ledger technology (DLT) - also known as blockchain - can reduce the regulatory effort.
The award was received by RegTech DLT manager and head, Moritz Plenk during the Central Banking FinTech & RegTech Global Summit in Singapore recently.
Plenk said: “When two banks submit a transaction report through a DLT-based network, these two transaction partners always have identical and reportable data on their so-called ledgers.
“The third actor in the DLT network, the regulator, can view and extract the data from the two ledgers in real time. Inconsistent transaction data can be avoided, and the efficiency of transaction-based reporting can be increased.”
With the award, Central Banking recognises relevant players among central banks, supervisory authorities and technology as well as consulting companies, for their outstanding achievements and successes.
BearingPoint RegTech is a business unit of management and technology consultancy, BearingPoint. More details at https://www.reg.tech/en/
-- BERNAMA
BearingPoint has convinced the award jury with proof of concept (PoC) of a blockchain-based and thus innovative and cost-effective approach to face the growing complexity of regulatory reporting.
With its PoC, BearingPoint has shown that the use of distributed ledger technology (DLT) - also known as blockchain - can reduce the regulatory effort.
The award was received by RegTech DLT manager and head, Moritz Plenk during the Central Banking FinTech & RegTech Global Summit in Singapore recently.
Plenk said: “When two banks submit a transaction report through a DLT-based network, these two transaction partners always have identical and reportable data on their so-called ledgers.
“The third actor in the DLT network, the regulator, can view and extract the data from the two ledgers in real time. Inconsistent transaction data can be avoided, and the efficiency of transaction-based reporting can be increased.”
With the award, Central Banking recognises relevant players among central banks, supervisory authorities and technology as well as consulting companies, for their outstanding achievements and successes.
BearingPoint RegTech is a business unit of management and technology consultancy, BearingPoint. More details at https://www.reg.tech/en/
-- BERNAMA
Cryptocurrency manufacturer BitHarp unveils market's most profitable mining rigs
KUALA LUMPUR, Sept 13 -- BitHarp Group Limited has launched two new high-performance liquid mining rigs, delivering excellent usage capabilities and unprecedented profit making potential.
In a statement, the New Zealand-based cryptocurrency manufacturer said the rigs, named Lyre Miner and Harp Miner, would provide 100 per cent returns on investment within just one month.
A powerful and compact mining rig, Lyre Miner can fit in a limited space and offers useful features such as a touch screen interface for easy operation and monitoring.
On the other hand, Harp Miner eliminates all risks associated with liquid cooling and provides a safe, secure and budget-friendly ecosystem for crypto mining.
The power consumption of Lyre Miner and Harp Miner are 600W and 2400W, respectively.
With high hash rate, the two rigs are capable of mining Bitcoin, Litecoin, Ethereum and Dash.
According to BitHarp, the new mining rigs are designed and configured to bring the benefits of crypto mining to common investors without much mining experience or knowledge.
More about Lyre Miner and Harp Miner at https://www.bitharp.com/
-- BERNAMA
In a statement, the New Zealand-based cryptocurrency manufacturer said the rigs, named Lyre Miner and Harp Miner, would provide 100 per cent returns on investment within just one month.
A powerful and compact mining rig, Lyre Miner can fit in a limited space and offers useful features such as a touch screen interface for easy operation and monitoring.
On the other hand, Harp Miner eliminates all risks associated with liquid cooling and provides a safe, secure and budget-friendly ecosystem for crypto mining.
The power consumption of Lyre Miner and Harp Miner are 600W and 2400W, respectively.
With high hash rate, the two rigs are capable of mining Bitcoin, Litecoin, Ethereum and Dash.
According to BitHarp, the new mining rigs are designed and configured to bring the benefits of crypto mining to common investors without much mining experience or knowledge.
More about Lyre Miner and Harp Miner at https://www.bitharp.com/
-- BERNAMA
Wednesday, September 18, 2019
ENAPTER OPENS SERIAL FABRICATION FACILITY FOR MODULAR HYDROGEN ELECTROLYSERS
PISA, Italy, Sept 17 (Bernama-BUSINESS WIRE) -- Enapter, a manufacturer of modular hydrogen electrolysers, announced today the unveiling of its new serial fabrication facility in Pisa. The revamped manufacturing process will increase Enapter’s production capacity eightfold and reduce electrolyser costs by more than 20 percent. These improvements can make onsite hydrogen generation an affordable reality for a multitude of applications worldwide, including energy storage, backup power, power-to-heat, industrial hydrogen production and hydrogen-based mobility.
Hydrogen generation has the potential to play a key role in the clean energy transition but has been limited by cost and scalability. Enapter’s EL 2.0 electrolyser addresses these challenges through its patented Anion Exchange Membrane (AEM) technology. With a simple balance of plant and no noble metals needed, Enapter’s AEM reduces costs and increases lifetime performance of hydrogen generation. Serial fabrication allows Enapter to deploy the current EL 2.0 hydrogen generator to an even larger customer base while creating capacity for the forthcoming EL 2.1 product.
http://mrem.bernama.com/viewsm.php?idm=35499
Hydrogen generation has the potential to play a key role in the clean energy transition but has been limited by cost and scalability. Enapter’s EL 2.0 electrolyser addresses these challenges through its patented Anion Exchange Membrane (AEM) technology. With a simple balance of plant and no noble metals needed, Enapter’s AEM reduces costs and increases lifetime performance of hydrogen generation. Serial fabrication allows Enapter to deploy the current EL 2.0 hydrogen generator to an even larger customer base while creating capacity for the forthcoming EL 2.1 product.
http://mrem.bernama.com/viewsm.php?idm=35499
ATP LAUNCHES FIRST INDUSTRIAL-ONLY SLC-BASED E800PI E.MMC WITH PREMIUM ENDURANCE OF 60K P/E CYCLES FOR HIGH-RELIABILITY APPLICATIONS
TAIPEI, Taiwan, Sept 17 (Bernama-GLOBE NEWSWIRE) -- ATP Electronics, the leading manufacturer of industrial-only memory and storage solutions, is launching E800Pi, its first embedded multimedia card (e.MMC) based on native single-level cell (SLC) flash with a very high endurance rating of 60K program/erase (P/E) cycles.
"Embedded storage devices operate in challenging environments, are usually placed within very limited spaces and are expected to function reliably over extended periods of time. ATP addresses the high reliability needs of industrial applications through its latest e.MMC, the E800Pi, which packs native SLC flash within its compact form to provide ultra-high endurance and trustworthy performance for the most rigid industrial requirements," said Marco Mezger, ATP Vice President of Global Marketing. He adds, “SLC is widely recognized as ideal for applications requiring high reliability due to its unparalleled endurance, lowest read disturb and highest data retention capability. With ATP’s SLC-based E800Pi e.MMC, our customers can be assured of the most optimal total cost of ownership (TCO).”
http://mrem.bernama.com/viewsm.php?idm=35494
"Embedded storage devices operate in challenging environments, are usually placed within very limited spaces and are expected to function reliably over extended periods of time. ATP addresses the high reliability needs of industrial applications through its latest e.MMC, the E800Pi, which packs native SLC flash within its compact form to provide ultra-high endurance and trustworthy performance for the most rigid industrial requirements," said Marco Mezger, ATP Vice President of Global Marketing. He adds, “SLC is widely recognized as ideal for applications requiring high reliability due to its unparalleled endurance, lowest read disturb and highest data retention capability. With ATP’s SLC-based E800Pi e.MMC, our customers can be assured of the most optimal total cost of ownership (TCO).”
http://mrem.bernama.com/viewsm.php?idm=35494
Lucidworks Predictive Merchandiser new feature makes search relevancy easier for retailers
KUALA LUMPUR, Sept 12 -- Lucidworks, a leader in AI-powered search, has released the new Predictive Merchandiser feature for Fusion 5.0, making search relevancy easier for retailers.
“With Predictive Merchandiser, we’re freeing customers from the repetitive grunt work of having IT maintain business rules to let merchandisers focus their creativity on improving conversions, increasing revenue and delighting shoppers,” said Lucidworks chief executive officer, Will Hayes.
The new feature lets e-commerce product merchandisers optimise search relevancy, manage rules and analyse results without involving IT, according to a statement.
The Predictive Merchandiser solution provides an intuitive, easy to use interface to help merchandisers decrease bounce rates by ensuring the right products are displayed to shoppers.
In addition, the visual analytics dashboard provides insight into opportunities for better conversion and allows merchandisers to apply rules that pin, boost, bury, block and hide specific products.
With Fusion 5.0, retailers do not need to be experts in AI or machine learning to get insights from their data. The Predictive Merchandiser solution provides even more flexibility and intelligence to help digital commerce organisations deliver a highly personalised experience for customers.
More information at https://lucidworks.com.
-- BERNAMA
“With Predictive Merchandiser, we’re freeing customers from the repetitive grunt work of having IT maintain business rules to let merchandisers focus their creativity on improving conversions, increasing revenue and delighting shoppers,” said Lucidworks chief executive officer, Will Hayes.
The new feature lets e-commerce product merchandisers optimise search relevancy, manage rules and analyse results without involving IT, according to a statement.
The Predictive Merchandiser solution provides an intuitive, easy to use interface to help merchandisers decrease bounce rates by ensuring the right products are displayed to shoppers.
In addition, the visual analytics dashboard provides insight into opportunities for better conversion and allows merchandisers to apply rules that pin, boost, bury, block and hide specific products.
With Fusion 5.0, retailers do not need to be experts in AI or machine learning to get insights from their data. The Predictive Merchandiser solution provides even more flexibility and intelligence to help digital commerce organisations deliver a highly personalised experience for customers.
More information at https://lucidworks.com.
-- BERNAMA
Tuesday, September 17, 2019
China non-life insurance market outlook remains negative - AM Best
KUALA LUMPUR, Sept 10 -- AM Best is maintaining its negative outlook on the China non-life sector, owing to persistent pressure on the motor business, execution risks as the market turns toward a non-motor-focused business model and the industry’s dependence on investment returns to support earnings.
The new Best’s Market Segment Report, ‘Market Segment Outlook: China Non-Life Insurance’, also notes that the ongoing United States (US)-China trade war has inadvertently, lowered consumer and business sentiment on the mainland.
For the second quarter of 2019, China reported its weakest quarter-on-quarter GDP growth in decades, registering just 6.2 per cent, according to a statement.
Although the US tariffs are notable, the current slowdown of China’s economy in large part is due to domestic pressures, including a decline in the pace of infrastructure investment, a cooling down of construction industry activity and a decrease in industrial output.
AM Best expects that China’s economic growth will continue to expand moderately in the coming quarters, with GDP growth remaining in the 6.0-6.5 per cent range.
In 2018, the weighted net profit of these insurers declined by 15 per cent year-on-year, while the weighted average return-on-equity dipped by 3.3 percentage points. Overall, the profit margins of the Chinese non-life insurers are likely to remain under pressure in 2019.
Despite some first-half 2019 improvement, the results of China’s non-life insurers are likely to remain relatively volatile, given that earnings are highly co-related to the domestic investment market’s performance.
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The new Best’s Market Segment Report, ‘Market Segment Outlook: China Non-Life Insurance’, also notes that the ongoing United States (US)-China trade war has inadvertently, lowered consumer and business sentiment on the mainland.
For the second quarter of 2019, China reported its weakest quarter-on-quarter GDP growth in decades, registering just 6.2 per cent, according to a statement.
Although the US tariffs are notable, the current slowdown of China’s economy in large part is due to domestic pressures, including a decline in the pace of infrastructure investment, a cooling down of construction industry activity and a decrease in industrial output.
AM Best expects that China’s economic growth will continue to expand moderately in the coming quarters, with GDP growth remaining in the 6.0-6.5 per cent range.
In 2018, the weighted net profit of these insurers declined by 15 per cent year-on-year, while the weighted average return-on-equity dipped by 3.3 percentage points. Overall, the profit margins of the Chinese non-life insurers are likely to remain under pressure in 2019.
Despite some first-half 2019 improvement, the results of China’s non-life insurers are likely to remain relatively volatile, given that earnings are highly co-related to the domestic investment market’s performance.
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
AM Best affirms Singapore's ERGO Insurance credit ratings
KUALA LUMPUR, Sept 10 -- AM Best has affirmed the Financial Strength Rating (FSR) of B++ (good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of ‘bbb+’ of ERGO Insurance Pte Ltd (ERGO Insurance), Singapore.
The outlook of the FSR remains stable, while the Long-Term ICR outlook remains negative. The negative outlook reflects AM Best’s expectation of continued pressure on the company’s operating performance and balance sheet strength fundamentals over the near term.
The ratings of ERGO Insurance reflect its balance sheet strength, which AM Best categorised as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
The ratings also factor rating enhancement from the company’s ultimate parent, Munich Reinsurance Company (Munich Re group), according to a statement.
Despite operating losses over the past three years (2016 to 2018) having materially eroded the company’s shareholders’ equity, financial support from the Munich Re group has aided to maintain capital adequacy at an appropriate level.
ERGO Insurance is a small-sized non-life insurer in Singapore, with a market share of less than one per cent based on 2018 gross written premium. The company’s portfolio of business continues to exhibit both line of business and geographical concentration.
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The outlook of the FSR remains stable, while the Long-Term ICR outlook remains negative. The negative outlook reflects AM Best’s expectation of continued pressure on the company’s operating performance and balance sheet strength fundamentals over the near term.
The ratings of ERGO Insurance reflect its balance sheet strength, which AM Best categorised as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
The ratings also factor rating enhancement from the company’s ultimate parent, Munich Reinsurance Company (Munich Re group), according to a statement.
Despite operating losses over the past three years (2016 to 2018) having materially eroded the company’s shareholders’ equity, financial support from the Munich Re group has aided to maintain capital adequacy at an appropriate level.
ERGO Insurance is a small-sized non-life insurer in Singapore, with a market share of less than one per cent based on 2018 gross written premium. The company’s portfolio of business continues to exhibit both line of business and geographical concentration.
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
Saturday, September 14, 2019
Friday, September 13, 2019
ExxonMobil new products improve electric vehicle battery performance
KUALA LUMPUR, Sept 13 -- ExxonMobil, the largest publicly traded international oil and gas company recently launched its Mobil EV™ offering to meet the evolving drivetrain requirements of battery-operated electric vehicles.
Launched at the 2019 IAA, the products are designed to support the electric vehicle mobility needs of manufacturers and drivers, alike.
The Mobil EV suite of products contains molecules that are carefully selected and blended, helping battery electric vehicles to travel further between charges, extend component life and operate more safely.
Covering the full range of battery electric vehicle applications, the Mobil EV product range includes Mobil EV Therm™, Mobil EV Drive™, Mobil EV Cool Drive™ and Mobil EV Grease™.
The newly-launched products highlight close collaboration between ExxonMobil and original equipment manufacturers to meet consumers’ evolving mobility ambitions.
This launch follows the recent extension of the company’s partnership with Porsche to include collaboration on its Formula E series car for the 2019/2020 season – ExxonMobil’s first entry into electric motorsports.
According to ‘2019 Outlook for Energy: A Perspective to 2040, ExxonMobil, 2019’, plug-in hybrids, battery electric and fuel cell vehicles are predicted to exceed 20 per cent of the world’s light-duty fleet by 2040.
More details at https://www.mobilev.com
-- BERNAMA
Launched at the 2019 IAA, the products are designed to support the electric vehicle mobility needs of manufacturers and drivers, alike.
The Mobil EV suite of products contains molecules that are carefully selected and blended, helping battery electric vehicles to travel further between charges, extend component life and operate more safely.
Covering the full range of battery electric vehicle applications, the Mobil EV product range includes Mobil EV Therm™, Mobil EV Drive™, Mobil EV Cool Drive™ and Mobil EV Grease™.
The newly-launched products highlight close collaboration between ExxonMobil and original equipment manufacturers to meet consumers’ evolving mobility ambitions.
This launch follows the recent extension of the company’s partnership with Porsche to include collaboration on its Formula E series car for the 2019/2020 season – ExxonMobil’s first entry into electric motorsports.
According to ‘2019 Outlook for Energy: A Perspective to 2040, ExxonMobil, 2019’, plug-in hybrids, battery electric and fuel cell vehicles are predicted to exceed 20 per cent of the world’s light-duty fleet by 2040.
More details at https://www.mobilev.com
-- BERNAMA
Lucidworks unveils latest version of flagship product
KUALA LUMPUR, Sept 12 -- Lucidworks, an AI-powered search solutions provider recently released Fusion 5.0, the latest version of its flagship product.
Lucidworks Fusion 5.0 allows customers to rapidly develop and deploy AI-powered search and data discovery applications in a modern, Kubernetes-based containerised architecture.
This update includes features that simplify implementation for data science teams and developers to create both a more personalised experience for digital commerce customers and improve employee productivity and engagement in the digital workplace.
According to Lucidworks chief executive officer Will Hayes, the latest version empowers customers to rapidly deliver a modern, hyper-personalised digital experience across e-commerce, digital workplace, government, financial services and more.
Lucidworks serves more than one-third of the US Fortune 100. Some of the world’s largest organisations, including Uber and Red Hat, use Lucidworks technologies to power their digital workplace and digital transformation efforts.
More details at https://lucidworks.com
-- BERNAMA
Lucidworks Fusion 5.0 allows customers to rapidly develop and deploy AI-powered search and data discovery applications in a modern, Kubernetes-based containerised architecture.
This update includes features that simplify implementation for data science teams and developers to create both a more personalised experience for digital commerce customers and improve employee productivity and engagement in the digital workplace.
According to Lucidworks chief executive officer Will Hayes, the latest version empowers customers to rapidly deliver a modern, hyper-personalised digital experience across e-commerce, digital workplace, government, financial services and more.
Lucidworks serves more than one-third of the US Fortune 100. Some of the world’s largest organisations, including Uber and Red Hat, use Lucidworks technologies to power their digital workplace and digital transformation efforts.
More details at https://lucidworks.com
-- BERNAMA
Thursday, September 12, 2019
Vista Global offers fastest in-flight broadband speed to private aviation
KUALA LUMPUR, Sept 12 -- Vista Global Holding via a revolutionary technology partnership with Collins Aerospace Systems is providing the fastest broadband speeds to private aviation customers.
Vista Global chairman and founder, Thomas Flohr said the service would revolutionise what it meant to stay connected with the outside world during a flight, providing customers with a level of broadband speed they would expect on land.
In a statement, the Dubai-based worldwide business flight services provider said LuxStream connectivity services fitted across Vista Global’s fleet of 116 owned aircraft.
LuxStream will be first integrated across 36 Global business jets operating under the VistaJet brand.
The system will allow round-the-clock digital connectivity in-flight, with the ability for simultaneous streaming of ultra HD content and access to their full-suite of connected devices.
Customers will also enjoy the highest in-flight bandwidth available with up to 25 Mbps in the United States and 15 Mbps globally.
This is the company’s further demonstration to bring the latest and most innovative technology to market and driving radical technological change across the private aviation industry.
More details at https://vistaglobal.com/
-- BERNAMA
Wednesday, September 11, 2019
NESTREE PARTNERS WITH LUNIVERSE, THE LEADING BLOCKCHAIN AS A SERVICE (BAAS) PROVIDER BACKED BY DUNAMU, OPERATOR OF UPBIT
SINGAPORE, Sept 12 (Bernama-BUSINESS WIRE) -- A reward-based blockchain messenger, Nestree, announced a partnership with Luniverse, South Korea’s leading Blockchain as a Service (BaaS) provider backed by Dunamu, operator of the global crypto-asset exchange Upbit.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190911005527/en/
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190911005527/en/
Acquired more than 80,000 users since June 2019, Nestree is recognized as a messenger for community growth and engagement. Nestree provides a decentralized wallet for mainnets and token transfer in the chat interface.
Teledyne Imaging introduces newest affordable, easy to use camera models
KUALA LUMPUR, Sept 10 -- Teledyne Imaging, a Teledyne Technologies company and global leader in machine vision technology has introduced the newest models in its Genie™ Nano Camera Link™ series – the CL M4160 and C4160.
Engineered around Teledyne DALSA’s proven camera platform, and featuring Teledyne e2v’s 16M Emerald image sensor, these new models deliver affordability, ease of use, and are designed for industrial imaging applications that require high-speed data transfer.
Users with existing Camera Link systems will benefit from their compact body size, higher resolutions, greater image quality, faster frame rates, and overall lower deployment costs.
Designed for reliability, this camera series is perfect as an upgrade for older CMOS cameras due to its low cost and low integration commitment, according to a statement.
Teledyne Imaging is a group of leading edge companies, including Teledyne DALSA and Teledyne e2v, aligned under the Teledyne umbrella. More information at http://teledyneimaging.com.
-- BERNAMA
Engineered around Teledyne DALSA’s proven camera platform, and featuring Teledyne e2v’s 16M Emerald image sensor, these new models deliver affordability, ease of use, and are designed for industrial imaging applications that require high-speed data transfer.
Users with existing Camera Link systems will benefit from their compact body size, higher resolutions, greater image quality, faster frame rates, and overall lower deployment costs.
Designed for reliability, this camera series is perfect as an upgrade for older CMOS cameras due to its low cost and low integration commitment, according to a statement.
Teledyne Imaging is a group of leading edge companies, including Teledyne DALSA and Teledyne e2v, aligned under the Teledyne umbrella. More information at http://teledyneimaging.com.
-- BERNAMA
Republic of Marshall Islands announces Timed Release Monetary Issuance of blockchain-based currency
KUALA LUMPUR, Sept 11 -- The Republic of the Marshall Islands (RMI) is moving ahead with its blockchain-based national currency, the Marshallese sovereign (SOV).
Announced at the Invest: Asia cryptocurrency conference in Singapore, the sovereign will be introduced in a highly visible way before circulation in the Marshall Islands is initiated, according to a statement.
Specifically, the currency will be introduced through a sale over an extended period of time in a Timed Release Monetary Issuance (TRMI). The units sold during this introductory period are intended to be exchanged for the Marshallese sovereign, once it is officially launched.
The TRMI units are to be released continuously in equal daily allotments, via auctions.
The bulk of the proceeds will be placed in trust funds focused on key challenges for the Marshall Islands, such as combating climate change and mitigating the ongoing health crisis caused by nuclear testing at Bikini Atoll.
The RMI currently uses the United States dollar as its currency, and the dollar will continue to circulate in the islands once the SOV is launched, but the Marshallese sovereign will be the RMI’s official legal tender.
In addition to algorithmically fixing the supply growth of SOV, newly-created SOV will be sent automatically to eligible SOV holders, including all Marshallese citizens, who will also receive an equal split of 10 per cent of the initial currency supply.
Interested parties can pre-register for the TRMI at the website of the SOV Development Foundation at https://sov.foundation.
-- BERNAMA
Announced at the Invest: Asia cryptocurrency conference in Singapore, the sovereign will be introduced in a highly visible way before circulation in the Marshall Islands is initiated, according to a statement.
Specifically, the currency will be introduced through a sale over an extended period of time in a Timed Release Monetary Issuance (TRMI). The units sold during this introductory period are intended to be exchanged for the Marshallese sovereign, once it is officially launched.
The TRMI units are to be released continuously in equal daily allotments, via auctions.
The bulk of the proceeds will be placed in trust funds focused on key challenges for the Marshall Islands, such as combating climate change and mitigating the ongoing health crisis caused by nuclear testing at Bikini Atoll.
The RMI currently uses the United States dollar as its currency, and the dollar will continue to circulate in the islands once the SOV is launched, but the Marshallese sovereign will be the RMI’s official legal tender.
In addition to algorithmically fixing the supply growth of SOV, newly-created SOV will be sent automatically to eligible SOV holders, including all Marshallese citizens, who will also receive an equal split of 10 per cent of the initial currency supply.
Interested parties can pre-register for the TRMI at the website of the SOV Development Foundation at https://sov.foundation.
-- BERNAMA
Lithium Werks acquires system integrator, LiiON®
KUALA LUMPUR, Sept 6 (Bernama) -- Lithium Werks B.V. has acquired the energy storage system integrator, LiiON®, LLC. The closing of the acquisition is expected to be finalised in the fourth quarter, pending customary closing conditions.
Lithium Werks B.V. is a fast-growing lithium-ion battery and portable power solutions group, according to a statement.
“As a result of this acquisition, Lithium Werks will be able to offer both new and existing customers a trusted, one-stop platform for fully integrated solutions,” said Lithium Werks chief executive officer (CEO), T. Joseph Fisher III.
The LiiON® brand will be retained and its management will join the broader Lithium Werks management team, which extends the Lithium Werks workforce to more than 400 people worldwide.
“We are delighted to become part of the Lithium Werks Team, which will help us expand our customer base internationally,” said LiiON® founder and CEO, Gary Gray.
The acquisition not only strengthens Lithium Werks’ presence in the United States, but will also help the LiiON® part of the business extend its reach in Europe and Asia.
More information at https://lithiumwerks.com.
-- BERNAMA
Lithium Werks B.V. is a fast-growing lithium-ion battery and portable power solutions group, according to a statement.
“As a result of this acquisition, Lithium Werks will be able to offer both new and existing customers a trusted, one-stop platform for fully integrated solutions,” said Lithium Werks chief executive officer (CEO), T. Joseph Fisher III.
The LiiON® brand will be retained and its management will join the broader Lithium Werks management team, which extends the Lithium Werks workforce to more than 400 people worldwide.
“We are delighted to become part of the Lithium Werks Team, which will help us expand our customer base internationally,” said LiiON® founder and CEO, Gary Gray.
The acquisition not only strengthens Lithium Werks’ presence in the United States, but will also help the LiiON® part of the business extend its reach in Europe and Asia.
More information at https://lithiumwerks.com.
-- BERNAMA
LEDDARTECH PARTNERS WITH WESTFIELD AT AUTOSENS BRUSSELS ON SEPTEMBER 17-19, 2019
QUEBEC CITY, Sept 11 (Bernama-GLOBE NEWSWIRE) -- LeddarTech®, an industry leader in LiDAR technology who provides the most versatile and scalable auto and mobility LiDAR platform™, announces its participation at the AutoSens Brussels event from September 17-19 2019. LeddarTech will be co-exhibiting with Westfield Technology Group, a leading UK-based driverless shuttle provider, and will be showcasing LeddarTech’s latest 3D solid-state LiDAR solution for autonomous shuttles and other autonomous vehicles the LeddarTM Pixell.
LeddarTech® and Westfield exhibit in the world-renowned Brussels Autoworld Museum
“LeddarTech® is looking forward to this event in Brussels and the opportunity to officially launch our Leddar™ Pixell in Europe. This event will showcase our LiDAR mobility solutions which are built on the foundation of the patented Leddar™ technology that enables our automotive and mobility platform”, stated Adrian Pierce, Vice President of Global Business Development at LeddarTech. “This event is particularly special this year as our customer Westfield will be exhibiting with LeddarTech. This is an opportunity for visitors to view the Westfield POD with its integrated solid-state LiDAR technology.” Adrian Pierce concluded.
http://mrem.bernama.com/viewsm.php?idm=35453
LeddarTech® and Westfield exhibit in the world-renowned Brussels Autoworld Museum
“LeddarTech® is looking forward to this event in Brussels and the opportunity to officially launch our Leddar™ Pixell in Europe. This event will showcase our LiDAR mobility solutions which are built on the foundation of the patented Leddar™ technology that enables our automotive and mobility platform”, stated Adrian Pierce, Vice President of Global Business Development at LeddarTech. “This event is particularly special this year as our customer Westfield will be exhibiting with LeddarTech. This is an opportunity for visitors to view the Westfield POD with its integrated solid-state LiDAR technology.” Adrian Pierce concluded.
http://mrem.bernama.com/viewsm.php?idm=35453
Tuesday, September 10, 2019
RigNet signs agreement with Galoc Production Company to deliver Intelie Live
KUALA LUMPUR, Sept 10 -- RigNet, the leading provider of ultra-secure, intelligent networking solutions, today announced it has been awarded a multi-year agreement with Galoc Production Company (GPC) to deploy Intelie Live, RigNet’s machine learning-based analytics platform, onboard the floating production storage and offloading (FPSO) vessel Rubicon Intrepid.
RigNet will deploy Intelie Live on its highly secure and scalable Managed Communication Service that includes the deployment of CyphreLink, the company’s military grade encryption solution providing the highest level of data protection for Data in transit.
This is the ongoing expansion of RigNet’s portfolio of FPSO clients including 10 FPSOs won in off-shore Brazil over the last nine months.
Rubicon Intrepid is currently on-station at the Galoc Field, offshore the Philippines at SC14C, Northwest Palawan.
RigNet Chief Executive Officer and President, Steven Pickett said: “GPC’s decision to bundle Intelie Live with our Managed Communication Services along with our industry leading data protection solution, CyphreLink, demonstrates their commitment to digital transformation.”
More information at https://www.rig.net.
-- BERNAMA
RigNet will deploy Intelie Live on its highly secure and scalable Managed Communication Service that includes the deployment of CyphreLink, the company’s military grade encryption solution providing the highest level of data protection for Data in transit.
This is the ongoing expansion of RigNet’s portfolio of FPSO clients including 10 FPSOs won in off-shore Brazil over the last nine months.
Rubicon Intrepid is currently on-station at the Galoc Field, offshore the Philippines at SC14C, Northwest Palawan.
RigNet Chief Executive Officer and President, Steven Pickett said: “GPC’s decision to bundle Intelie Live with our Managed Communication Services along with our industry leading data protection solution, CyphreLink, demonstrates their commitment to digital transformation.”
More information at https://www.rig.net.
-- BERNAMA
LeddarTech launches Leddar Pixell for autonomous vehicles
KUALA LUMPUR, Sept 10 -- LeddarTech®, an industry leader in LiDAR technology has introduced the Leddar™ Pixell, a 3D flash LiDAR powered by the LCA2 LeddarEngine which is designed explicitly for autonomous vehicles.
Leddar™ Pixell provides highly dependable detection of pedestrians, cyclists and other obstacles in the vehicle’s surroundings and is suitable for perception platforms that are developed to ensure the safety and protection of passengers and Vulnerable Road Users.
It is an optimal detection cocoon solution for autonomous vehicle deployment and has already been adopted by over a dozen leading autonomous vehicle providers in North America and Europe, according to a statement.
Leddar™ Pixell integrates LeddarTech’s patented technology embedded in the state-of-the-art LCA2 LeddarEngine™, which consists of a highly integrated LeddarCore™ SoC and LeddarSP digital signal processing software.
Today, LeddarTech officially unveils Leddar™ Pixell at CAV19 Canada in Ottawa, Canada; in Europe at Autosens Brussels from Sept 17 to 19; and in the US at Automotive LiDAR 2019 on Sept 25 and 26 in Detroit, Michigan.
More information at https://leddartech.com.
-- BERNAMA
Leddar™ Pixell provides highly dependable detection of pedestrians, cyclists and other obstacles in the vehicle’s surroundings and is suitable for perception platforms that are developed to ensure the safety and protection of passengers and Vulnerable Road Users.
It is an optimal detection cocoon solution for autonomous vehicle deployment and has already been adopted by over a dozen leading autonomous vehicle providers in North America and Europe, according to a statement.
Leddar™ Pixell integrates LeddarTech’s patented technology embedded in the state-of-the-art LCA2 LeddarEngine™, which consists of a highly integrated LeddarCore™ SoC and LeddarSP digital signal processing software.
Today, LeddarTech officially unveils Leddar™ Pixell at CAV19 Canada in Ottawa, Canada; in Europe at Autosens Brussels from Sept 17 to 19; and in the US at Automotive LiDAR 2019 on Sept 25 and 26 in Detroit, Michigan.
More information at https://leddartech.com.
-- BERNAMA
AM Best gives Vietnam's BIDV Insurance Corporation good rating
KUALA LUMPUR, Sept 10 -- AM Best has affirmed the Financial Strength Rating of B++ (good) and the Long-Term Issuer Credit Rating of ‘bbb’ of BIDV Insurance Corporation (BIC) Vietnam.
The outlook of these credit ratings is stable. It reflects the company’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
The ratings factor in a neutral impact from the company’s ultimate majority ownership by the Vietnam Government, according to a statement.
Despite BIC’s moderate dividend payout ratio over the past three years, retained earnings have remained sufficient to bolster shareholders’ equity and support business growth.
Other balance sheet considerations include the company’s reliance on third-party reinsurance to increase underwriting capacity for large property and engineering risks, as well as to manage accumulation risks and catastrophe exposure.
AM Best views the company’s operating performance as adequate, as evidenced by a five-year average return-on-equity ratio of 7.7 per cent (2014 to 2018).
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The outlook of these credit ratings is stable. It reflects the company’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
The ratings factor in a neutral impact from the company’s ultimate majority ownership by the Vietnam Government, according to a statement.
Despite BIC’s moderate dividend payout ratio over the past three years, retained earnings have remained sufficient to bolster shareholders’ equity and support business growth.
Other balance sheet considerations include the company’s reliance on third-party reinsurance to increase underwriting capacity for large property and engineering risks, as well as to manage accumulation risks and catastrophe exposure.
AM Best views the company’s operating performance as adequate, as evidenced by a five-year average return-on-equity ratio of 7.7 per cent (2014 to 2018).
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
Pricing of secondary offering, concurrent share repurchase announced - PRA Health Sciences Inc
KUALA LUMPUR, Sept 5 (Bernama) -- PRA Health Sciences Inc (the Company) has announced the pricing of the previously announced secondary offering of shares of its common stock.
KKR PRA Investors L. P. (the Selling Stockholder) has agreed to sell an aggregate of 6,666,684 shares of the Company’s common stock in an underwritten public offering at a price of US$97.50 per share. (US$1 = RM4.20)
The offering is expected to close on Sept 6, subject to customary closing conditions, according to a statement.
The closing of the share repurchase is conditioned on, and expected to occur simultaneously with the closing of the offering, subject to the satisfaction of other customary conditions.
The Company intends to fund the repurchase of common stock from the Selling Stockholder with the proceeds of a US$300 million incremental term loan under its existing credit facilities.
Upon completion of these transactions, the Selling Stockholder would have disposed of all of its remaining shares of common stock of the Company.
Goldman Sachs & Co LLC acted as underwriter for the offering.
-- BERNAMA
KKR PRA Investors L. P. (the Selling Stockholder) has agreed to sell an aggregate of 6,666,684 shares of the Company’s common stock in an underwritten public offering at a price of US$97.50 per share. (US$1 = RM4.20)
The offering is expected to close on Sept 6, subject to customary closing conditions, according to a statement.
The closing of the share repurchase is conditioned on, and expected to occur simultaneously with the closing of the offering, subject to the satisfaction of other customary conditions.
The Company intends to fund the repurchase of common stock from the Selling Stockholder with the proceeds of a US$300 million incremental term loan under its existing credit facilities.
Upon completion of these transactions, the Selling Stockholder would have disposed of all of its remaining shares of common stock of the Company.
Goldman Sachs & Co LLC acted as underwriter for the offering.
-- BERNAMA
Friday, September 6, 2019
EAST ASIA MARINE EXPO 2019 OPENS IN QINGDAO
QINGDAO, China, Sept 5 (Bernama-BUSINESS WIRE) -- East Asia Marine Expo 2019, a professional full-chain marine exhibition, launched in Qingdao Cosmopolitan Exposition, Qingdao West Coast New Area, on September 4th, 2019. Themed, “Towards Greater Openness and Connectivity – Blue, Ocean, and Technology,” the Expo is sponsored by Qingdao Huangdao Development (Group) Co., Ltd. and organized by Tianjin Zhenwei Exhibition Co., Ltd. in a professional, international, market-targeted and brand-oriented way.
With a total area of 40,000m2, the Expo gathers over 600 enterprises and institutions from more than 60 countries and regions, including over 60 Fortune 500 companies and world leading companies and institutions, to showcase approximately 30,000 varieties of products.
The Expo consists of the Domestic and Foreign Commodities Exhibition Zone and six specialized marine exhibition zones covering a total of 30,000m2, namely International Marine Exhibition Zone, Qingdao Marine Technology Exhibition Zone, Marine Equipment Exhibition Zone, Smart Manufacturing Exhibition Zone, Port and Shipping Exhibition Zone and Finance and Trade Exhibition Zone, to exhibit over 10,000 marine engineering and technology products.
The International Marine Exhibition Zone exhibits the achievements of ASEAN Plus Three (APT) and Fortune 500 companies in terms of marine research, marine smart manufacturing, marine surveying and charting, marine economy, marine ecology and marine big data platform; the Qingdao Marine Technology Exhibition Zone displays the innovation of Qingdao and Shandong Province; the Marine Equipment Exhibition Zone showcases achievements of Kerui Group, Sany Heavy Industry, XGMA, Shandong Focus General Aviation Co., Ltd. and Tritech; the Smart Manufacturing Exhibition Zone exhibits high-end technologies of Huawei, China Unicom, China Telecom and Sunic; the Port and Shipping Exhibition Zone displays the achievements of modern technology innovations; the Finance and Trade Exhibition Zone demonstrates the financial and trade achievements in marine-related fields; the Domestic and Foreign Commodities Exhibition Zone gathers nearly 20,000 commodities from APT and other countries and regions along the Belt and Road.
“We aim to build East Asia Marine Expo into a high-end professional exhibition in the marine industry. We will vitalize it through marketing operations and turn it into an influential and recognized exhibition brand and help improve the international impact of Qingdao exhibitions,” commented Liu Hongkuan, Deputy General Manager of Qingdao Huangdao Development (Group) Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=35403
With a total area of 40,000m2, the Expo gathers over 600 enterprises and institutions from more than 60 countries and regions, including over 60 Fortune 500 companies and world leading companies and institutions, to showcase approximately 30,000 varieties of products.
The Expo consists of the Domestic and Foreign Commodities Exhibition Zone and six specialized marine exhibition zones covering a total of 30,000m2, namely International Marine Exhibition Zone, Qingdao Marine Technology Exhibition Zone, Marine Equipment Exhibition Zone, Smart Manufacturing Exhibition Zone, Port and Shipping Exhibition Zone and Finance and Trade Exhibition Zone, to exhibit over 10,000 marine engineering and technology products.
The International Marine Exhibition Zone exhibits the achievements of ASEAN Plus Three (APT) and Fortune 500 companies in terms of marine research, marine smart manufacturing, marine surveying and charting, marine economy, marine ecology and marine big data platform; the Qingdao Marine Technology Exhibition Zone displays the innovation of Qingdao and Shandong Province; the Marine Equipment Exhibition Zone showcases achievements of Kerui Group, Sany Heavy Industry, XGMA, Shandong Focus General Aviation Co., Ltd. and Tritech; the Smart Manufacturing Exhibition Zone exhibits high-end technologies of Huawei, China Unicom, China Telecom and Sunic; the Port and Shipping Exhibition Zone displays the achievements of modern technology innovations; the Finance and Trade Exhibition Zone demonstrates the financial and trade achievements in marine-related fields; the Domestic and Foreign Commodities Exhibition Zone gathers nearly 20,000 commodities from APT and other countries and regions along the Belt and Road.
“We aim to build East Asia Marine Expo into a high-end professional exhibition in the marine industry. We will vitalize it through marketing operations and turn it into an influential and recognized exhibition brand and help improve the international impact of Qingdao exhibitions,” commented Liu Hongkuan, Deputy General Manager of Qingdao Huangdao Development (Group) Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=35403
Wednesday, September 4, 2019
Accuity, Chartis Research find organisations prioritising accuracy over speed
KUALA LUMPUR, Sept 4 -- Accuity and Chartis Research have reported the results of a study that revealed 66 per cent of financial institutions face the significant challenge of achieving low false positive rates.
The situation has put unnecessary burden on the financial institutions’ compliance departments and creates inefficiencies in their financial crime screening processes, according to a statement.
The study, ‘Benchmarking and Trends in Financial Crime Compliance Screening’ found that financial institutions unanimously agreed that improving accuracy outweighed speed as transaction volumes keep increasing along with the high price of regulatory fines.
This has pushed organisations to focus more on fine-tuning their systems to better guarantee compliance while reducing exposure to risk.
“The only way for institutions to reduce their exposure to risk, while meeting more demanding service levels, is to put in place a comprehensive, best-of-breed compliance solution that is effective, efficient and explainable to regulators,” said Accuity senior director (Product Strategy), David Loeser.
Accuity is the leading provider of financial crime compliance, payments and Know Your Customer solutions, while Chartis Research is the leading provider of research and analyses on risk technology markets.
More information at https://accuity.com.
-- BERNAMA
The situation has put unnecessary burden on the financial institutions’ compliance departments and creates inefficiencies in their financial crime screening processes, according to a statement.
The study, ‘Benchmarking and Trends in Financial Crime Compliance Screening’ found that financial institutions unanimously agreed that improving accuracy outweighed speed as transaction volumes keep increasing along with the high price of regulatory fines.
This has pushed organisations to focus more on fine-tuning their systems to better guarantee compliance while reducing exposure to risk.
“The only way for institutions to reduce their exposure to risk, while meeting more demanding service levels, is to put in place a comprehensive, best-of-breed compliance solution that is effective, efficient and explainable to regulators,” said Accuity senior director (Product Strategy), David Loeser.
Accuity is the leading provider of financial crime compliance, payments and Know Your Customer solutions, while Chartis Research is the leading provider of research and analyses on risk technology markets.
More information at https://accuity.com.
-- BERNAMA
Xiang He Capital closes second US dollar venture fund at US$425 million
KUALA LUMPUR, Sept 4 -- Xiang He Capital, the China TMT focused venture capital firm founded in 2016 by former Baidu executives Hesong Tang and Maggie Yang, recently closed its second USD-denominated venture fund at the increased hard cap of US$425 million. (US$1 = RM4.21)
The fund was well oversubscribed, exceeding the US$350 million target and with demand beyond the hard cap. LP support came from existing and new investors from across the United States (US), Europe, the Middle East and Asia-Pacific, representing global consultants, leading university endowments, foundations, family offices, pensions, and fund-of-funds.
Continuing its strategy from Fund I, Xiang He invests in high-growth Internet and tech-enabled businesses in China, identifying and investing at an inflection point where companies have operational traction but have not yet scaled to the growth stage of investment.
Xiang He’s comprehensive and analytical approach and strategic vision are highly recognised by entrepreneurs and have been instrumental in winning competitive deals in China’s VC space. The fund has closed four deals to date, in sectors spanning e-commerce, online education, enterprise services and AI.
Hesong expressed delight over the strong support received from existing and new institutional investors worldwide, reflecting collaborative and strategic approach to partnering with management teams and investors.
Xiang He Capital is a venture capital firm targeting early and growth stage investments in the TMT industry in China with particular focus on Internet, enterprise services, and AI/Big Data.
For more information, contact http://www.xianghecap.com/weben/index.php
-- BERNAMA
The fund was well oversubscribed, exceeding the US$350 million target and with demand beyond the hard cap. LP support came from existing and new investors from across the United States (US), Europe, the Middle East and Asia-Pacific, representing global consultants, leading university endowments, foundations, family offices, pensions, and fund-of-funds.
Continuing its strategy from Fund I, Xiang He invests in high-growth Internet and tech-enabled businesses in China, identifying and investing at an inflection point where companies have operational traction but have not yet scaled to the growth stage of investment.
Xiang He’s comprehensive and analytical approach and strategic vision are highly recognised by entrepreneurs and have been instrumental in winning competitive deals in China’s VC space. The fund has closed four deals to date, in sectors spanning e-commerce, online education, enterprise services and AI.
Hesong expressed delight over the strong support received from existing and new institutional investors worldwide, reflecting collaborative and strategic approach to partnering with management teams and investors.
Xiang He Capital is a venture capital firm targeting early and growth stage investments in the TMT industry in China with particular focus on Internet, enterprise services, and AI/Big Data.
For more information, contact http://www.xianghecap.com/weben/index.php
-- BERNAMA
OUTBRAIN INTEGRATES WITH GOOGLE DISPLAY & VIDEO 360 TO STRENGTHEN PROGRAMMATIC OFFERINGS
NEW YORK, Sept 4 (Bernama-BUSINESS WIRE) -- Outbrain, the world’s leading discovery and native advertising feed for the open web, announced today the full launch of its integration with Google’s Demand-Side Platform (DSP), Display & Video 360 to give marketers greater ability to capitalize on the benefits of Outbrain’s unique native inventory at scale.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190904005099/en/
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190904005099/en/
“Display & Video 360 gives our customers efficient access to buy Outbrain’s premium native inventory, further heightening our investment in both the programmatic space and innovative native solutions for marketers,” said Gilad de Vries, Senior Vice President of Strategy at Outbrain..
TACONIC BIOSCIENCES PARTICIPATES IN SECOND RODENT RESEARCH REFERENCE MISSION TO THE INTERNATIONAL SPACE STATION
RENSSELAER, N.Y., Sept 4 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing genetically engineered animal model solutions, announces its participation in the second Rodent Research Reference mission to the International Space Station.
Taconic has a history with NASA dating back to 1985. While previous NASA programs were collaborations with academic and/or commercial organizations to study a particular biological function to advance their own research, the RRR missions are agnostic. This project represents a direct collaboration between the International Space Station (ISS) National Lab, National Aeronautics and Space Administration (NASA), Bioserve Space Technologies with support from the Leidos Corporation, and Taconic. These research models are not tied to a specific study, but rather provide critical reference data to researchers beyond the space program, expanding their impact. ISS and Taconic solicited requests for proposals (RFPs) in March 2019 seeking scientists who would like to access the specimens from this mission.
http://mrem.bernama.com/viewsm.php?idm=35383
Taconic has a history with NASA dating back to 1985. While previous NASA programs were collaborations with academic and/or commercial organizations to study a particular biological function to advance their own research, the RRR missions are agnostic. This project represents a direct collaboration between the International Space Station (ISS) National Lab, National Aeronautics and Space Administration (NASA), Bioserve Space Technologies with support from the Leidos Corporation, and Taconic. These research models are not tied to a specific study, but rather provide critical reference data to researchers beyond the space program, expanding their impact. ISS and Taconic solicited requests for proposals (RFPs) in March 2019 seeking scientists who would like to access the specimens from this mission.
http://mrem.bernama.com/viewsm.php?idm=35383
Tuesday, September 3, 2019
AM Best downgrades credit ratings of Oriental Insurance Company Limited
KUALA LUMPUR, Aug 29 (Bernama) -- AM Best has downgraded the Financial Strength Rating (FSR) to B+ (good) from B++ (good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to ‘bbb-’ from ‘bbb+’ of Oriental Insurance Company Limited (Oriental), India.
The outlook of the FSR has been revised to negative from stable, while the outlook of the Long-Term ICR remains negative.
The ratings reflect Oriental’s balance sheet strength, which AM Best categorised as very strong, marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).
The rating downgrades follow a deterioration in AM Best’s view of Oriental’s operating performance and ERM fundamentals, according to a statement.
Oriental has recorded a sizeable underwriting loss of INR38 billion (US$549 million) in fiscal year 2019, equivalent to 32 per cent of its capital base in the prior year. (INR100 = RM5.87).
The marginal assessment on ERM reflects the company’s inability to control its underwriting performance, coupled with the negative impact on its balance sheet strength and earnings.
The negative outlooks reflect AM Best’s expectation that Oriental’s rating fundamentals may weaken further if the company is unable to stabilise its risk-adjusted capitalisation and operating performance over the near term.
AM Best is a global rating agency and information provider with a unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The outlook of the FSR has been revised to negative from stable, while the outlook of the Long-Term ICR remains negative.
The ratings reflect Oriental’s balance sheet strength, which AM Best categorised as very strong, marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).
The rating downgrades follow a deterioration in AM Best’s view of Oriental’s operating performance and ERM fundamentals, according to a statement.
Oriental has recorded a sizeable underwriting loss of INR38 billion (US$549 million) in fiscal year 2019, equivalent to 32 per cent of its capital base in the prior year. (INR100 = RM5.87).
The marginal assessment on ERM reflects the company’s inability to control its underwriting performance, coupled with the negative impact on its balance sheet strength and earnings.
The negative outlooks reflect AM Best’s expectation that Oriental’s rating fundamentals may weaken further if the company is unable to stabilise its risk-adjusted capitalisation and operating performance over the near term.
AM Best is a global rating agency and information provider with a unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
AM BEST AFFIRMS CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND ITS SUBSIDIARIES
HONG KONG, Sept 3 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiaries, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ) and The Toa 21st Century Reinsurance Company, Ltd. (TRE) (Switzerland). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Toa Re’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=35373
The ratings reflect Toa Re’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=35373
CLOUDFLARE ANNOUNCES NEW BOARD MEMBERS
SAN FRANCISCO, Aug 30 (Bernama-BUSINESS WIRE) -- Cloudflare, a leading Internet security, performance, and reliability company, today announced two new appointments to its board of directors, Katrin Suder, the chair of the German Digital Council, and Mark Anderson, Chief Growth Officer at Anaplan.
“I’m honored to welcome Katrin and Mark to our board of directors,” said Matthew Prince, co-founder and CEO of Cloudflare. “Both of them have tremendously strong backgrounds and bring experience to our board that will be invaluable to the future of our company. I speak for our board when I say that we are all looking forward to working with them as we continue to help build a better Internet.”
http://mrem.bernama.com/viewsm.php?idm=35366
“I’m honored to welcome Katrin and Mark to our board of directors,” said Matthew Prince, co-founder and CEO of Cloudflare. “Both of them have tremendously strong backgrounds and bring experience to our board that will be invaluable to the future of our company. I speak for our board when I say that we are all looking forward to working with them as we continue to help build a better Internet.”
http://mrem.bernama.com/viewsm.php?idm=35366
Sunday, September 1, 2019
AM Best affirms credit ratings of ACR Capital Holdings Pte Ltd, associated companies
KUALA LUMPUR, Aug 30 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of ‘a-’ for Asia Capital Reinsurance Group Pte Ltd (Asia Capital Re), Singapore and its subsidiary, Asia Capital Reinsurance Malaysia Sdn Bhd (ACRM), Malaysia.
The rating agency also affirmed the Long-Term ICR of ‘bbb-’ of the holding company, ACR Capital Holdings Pte Ltd (ACR Holdings), Singapore.
The ratings of Asia Capital Re reflect its balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
Meanwhile, ACRM ratings reflect its balance sheet strength, which AM Best also categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate ERM.
Asia Capital Re’s balance sheet strength assessment is underpinned by risk-adjusted capitalisation that remains comfortably at the strongest level, as measured by Best’s Capital Adequacy Ratio.
This is supported by the company’s conservative capital management approach, low premium leverage and a good quality retrocession panel.
AM Best views Asia Capital Re’s business profile as neutral given its well-established profile as a regional reinsurer in Asia, as well as in other target markets.
More information at www.ambest.com.
-- BERNAMA
The rating agency also affirmed the Long-Term ICR of ‘bbb-’ of the holding company, ACR Capital Holdings Pte Ltd (ACR Holdings), Singapore.
The ratings of Asia Capital Re reflect its balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
Meanwhile, ACRM ratings reflect its balance sheet strength, which AM Best also categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate ERM.
Asia Capital Re’s balance sheet strength assessment is underpinned by risk-adjusted capitalisation that remains comfortably at the strongest level, as measured by Best’s Capital Adequacy Ratio.
This is supported by the company’s conservative capital management approach, low premium leverage and a good quality retrocession panel.
AM Best views Asia Capital Re’s business profile as neutral given its well-established profile as a regional reinsurer in Asia, as well as in other target markets.
More information at www.ambest.com.
-- BERNAMA
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