Financial Services

Ericsson Strengthens its 5G Research and Development with NIB

STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) forUSD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021...

2019-12-20 23:42 16493

Specialty Chemical Company China XD Plastics Announces Drawdown of US$135 million Loan Financing

HARBIN, China, Dec. 20, 2019 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive appli...

2019-12-20 22:20 17556

State of Indiana to Host International Business Conference in April 2020

INDIANAPOLIS, Dec. 20, 2019 /PRNewswire/ -- Indiana Secretary of Commerce Jim Schellinger and the Indiana Economic Development Corporation (IEDC) will host an inaugural Indiana Global Economic Summit inIndianapolis next spring. The Summit,April 26-28, 2020, will convene economic development partn...

2019-12-20 20:00 2341

China (Guangdong) Pilot Free Trade Zone committed to a world-class business environment

GUANGZHOU, China, Dec. 20, 2019 /PRNewswire/ -- December 20, 2019, marks the 20th anniversary ofMacao's return to the motherland. Hengqin Area of Zhuhai, part ofChina (Guangdong) Pilot Free Trade Zone (GDFTZ), was established thanks to its neighboringMacao. Now with the most open system on the ma...

2019-12-20 19:48 1676

SKF's Capital Markets Day Will be Held on 4 November 2020

GOTHENBURG, Sweden, Dec. 20, 2019 /PRNewswire/ -- In November 2020, SKF will arrange its Capital Markets Day in co-ordination with Sandvik and Volvo Group. The capital markets days will include visits to Sandvik and SKF sites inAustria and to Volvo inGothenburg, Sweden. SKF's Capital Markets Day...

2019-12-20 19:18 15991

InxMed Receives Approval to Initiate Phase I Clinical Trial in China for IN10018

BEIJING, Dec. 20, 2019 /PRNewswire/ -- InxMed (Shanghai) Co., Ltd. ("InxMed" or "Company"), a clinical stage biotech company dedicated to developing innovative, individualized medicines with international impact, announced today that the Company has obtained IND (Investigational New Drug) clearan...

2019-12-20 18:21 2393

Youths celebrate the 20th anniversary of Macao's return to China with paeans to Macao-Zhuhai bond

ZHUHAI, China, Dec. 20, 2019 /PRNewswire/ -- December 20 marks the 20th anniversary ofMacao's return to China, and a flash mob event themed "Budding Zhuhai andMacao, Chasing Dreams in the Greater Bay Area" was held at places such as the Hengqin Port of Zhuhai, a city of the neighboringGuangdong P...

2019-12-20 17:56 1669

DouYu International Holdings Limited Announces Share Repurchase Program

WUHAN, China, Dec. 20, 2019 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced that its board of directors has authorized a share repurchas...

2019-12-20 17:00 15700

New Oriental to Report Second Quarter 2020 Financial Results on January 20, 2019

BEIJING, Dec. 20, 2019 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services inChina, today announced that it will report its financial results for the second quarter endedNovember 30, 2...

2019-12-20 16:00 16164

Wirecard and Singapore's Largest Currency Exchange Network FXChange Simplify Payments for Every Traveler

* FXChange operates 100 self-service kiosks and serves over 600,000 customers annually * The new offering integrates Wirecard's digital platform with FXChange's kiosk network * Travelers benefit from a one-stop currency exchange solution supporting up to 12 currencies * Wirecard issue...

2019-12-20 15:30 17961

22-Year-Old International Winter Fair Attracts Merchants from 32 Countries and Regions

HAIKOU, China, Dec. 20, 2019 /PRNewswire/ -- From December 12 to 16, China ( Hainan) International Tropical Agricultural Products Winter Trade Fair 2019 (hereinafter referred to as "the Winter Fair") was held inHainan, attracting 5,300 merchants from 32 countries and regions to seek business oppor...

2019-12-20 15:06 1767

Kuliza's Flagship Product Lend.In Recognized as the Top Vendor in 'Emerging Category' in the Commercial Loan Origination Report by Aite Group

BANGALORE, India, Dec. 20, 2019 /PRNewswire/ --  Kuliza, a leading software company, announced today that its flagship product Lend.In was recognized as the top vendor in 'Emerging category' by Aite Group in the analyst firm's 2019 report 'Commercial Loan Origination: Evaluating Vendors That Hone...

2019-12-20 14:11 2480

Insurance CEOs prioritize investments in technology and focus on cyber resilience, according to KPMG's survey

HONG KONG, Dec. 20, 2019 /PRNewswire/ -- Ninety-seven percent of insurance CEOs are confident about their company's growth over the next three years, while 73 percent think disrupting their organisations and the marketplace is top of mind, according to 132 insurance CEOs from 11 countries in the ...

2019-12-20 11:11 2337

Folksam, Swedbank And Swedish Authorities Sued for Alleged Crimes Listed in The R.I.C.O. Act by Swedish Financial Advisor Victor Carlstrom for 4.2 Billion USD

The Law Offices of Lawrence H. Schoenbach, and the Law Offices of Dratel & Lewis, P.C. filed the federal lawsuit in the Southern District ofNew York NEW YORK, Dec. 20, 2019 /PRNewswire/ -- The Law Offices of Lawrence H. Schoenbach, and the Law Offices of Dratel & Lewis, P.C. filed a 4.2-Billion U...

2019-12-20 10:06 3674

IMAX® Soars To Best Year Ever At Global Box Office, Grossing More Than $1.035 Billion Worldwide

NEW YORK, Dec. 20, 2019 /PRNewswire/ -- IMAX® Corporation (NYSE: IMAX), an innovator in entertainment technology, today announced it has soared to its highest-grossing year ever at the global box office in 2019 with more than $1.035 billion earned to date worldwide and two weeks left to go.* The...

2019-12-20 10:00 4272

Limeade Debuts on Australian Securities Exchange (ASX) with A$100M IPO

Enterprise SaaS company seeks to capitalize on global employee experience market opportunity SYDNEY and Bellevue, Washington, Dec. 20, 2019 /PRNewswire/ -- Limeade, an employee experience software company, announced it has raisedA$100 million (U.S. $68.75 million) with a market capitalization ope...

2019-12-20 09:13 15708

Kingold Jewelry Announces Results of 2019 Annual Meeting of Stockholders; Schedules Date of 2020 Annual Meeting of Stockholders

WUHAN, China, Dec. 19, 2019 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or the "Company") (NASDAQ: KGJI),one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced the results of its 2019 Annual Meeti...

2019-12-20 05:05 15723

Shenzhen signs projects worth RMB 560 billion as it promotes investment globally

SHENZHEN, China, Dec. 19, 2019 /PRNewswire/ -- Shenzhen Global Investment Promotion Conference 2019, hosted by the People's Government of Shenzhen and organized by such government entities as the Development and Reform Commission of Shenzhen Municipality, was held in the southern Chinese city on ...

2019-12-19 21:11 1947

Launch of a new mobile application: IZIVAT, helping international travelers to get their VAT back within 24 hours

SHANGHAI, Dec. 19, 2019 /PRNewswire/ -- Launch of a new VAT refund mobile application: IZIVAT. Themobile application allows users to get their VAT refund back from any shop inFrance. Whether shopping online or offline, travelers will now have their refund back within 24hours on their Wechat Walle...

2019-12-19 20:31 3743

Ucommune Celebrates the Spirit of Giving This Christmas Across Its Locations

BEIJING, Dec. 19, 2019 /PRNewswire/ -- Ucommune, one of China's unicorn in the co-working space, is embracing the holiday spirit by hosting community Christmas parties and holding festive activities at its communities around the world.Hong Kong and Singapore sites organises celebration events to ...

2019-12-19 20:30 4047