Industry News
Euroclear H1 2020 - Resilient Performance Against COVID-19 Backdrop
BRUSSELS, July 17, 2020 /PRNewswire/ -- Financial Highlights * Operating income increased 1% to EUR 730 million (H1 2019: EUR 725 million) as a result of: - Business Income rose 13% to EUR 639 million (H1 2019: EUR 565 million), driven by favourable market conditions and implementation o...
Autoliv: Financial Report April - June 2020
STOCKHOLM, July 17, 2020 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.Sdb) Q2 2020: Adapting to weak but improving LVP Financial highlights Q2 2020 $1,048m net sales 48% organic sales decline* (22.3)% operating margin (16.4)% adjusted operating margin* $(2.00) EPS - a decrease of $3.25 $(1.40) adj...
Virtual Private Network Proxy Master Turns Slow Streaming into a Thing of the Past with the Release of its Fastest-Ever Virtual Private Network Service
SINGAPORE, July 17, 2020 /PRNewswire/ - During the circuit breaker, people are not able to travel, but they can travel virtually with access to content across the world usingVirtual Private Network Proxy Master - at lightning speed. With internet users at an all-time high due to COVID-19, interne...
Superland Group Holdings Limited trading debut Closed at HK$0.7 per share with an increase of approximately 11% as compared to the final offer price
HONG KONG, July 17, 2020 /PRNewswire/ -- Superland Group Holdings Limited ("Superland Group" or the "Company", together with its subsidiaries, the "Group"; stock code: 0368.HK), a leading established contractor based inHong Kong, is pleased to announce its successful listing on the Main Board of ...
Hong Kong Heritage Conservation Foundation Launches Hospitality Young Leaders Programme
HONG KONG, July 17, 2020 /PRNewswire/ -- The Hong Kong Heritage Conservation Foundation ('HCF'), which operates the UNESCO-awarded Tai O Heritage Hotel ('Hotel'), furthers its efforts in supporting sustainable tourism and nurturing future leaders with the launch of the Hospitality Young Leader...
Winners of PR Newswire Vietnam National PR & Communications Awards to be Unveiled on July 23
HO CHI MINH CITY, Vietnam, July 17, 2020 /PRNewswire/ -- PR Newswire, the leading global provider of news distribution and earned media software and services, will announce the winners of the National PR & Communications Awards in Vietnam in a ceremony and gala dinner in Ho Chi Minh City on July...
Polygiene and TK-Domashniy Tekstyl Sign Distributor Agreement - Starting With a Million Facemasks and 100,000 Protection suits
STOCKHOLM, July 17, 2020 /PRNewswire/ -- TK-Domashniy Tekstyl is a major player in home textiles, working on all levels in their field, from raw materials, lego production and over 5000 consumer articles, exporting to many countries beyond theUkraine. They are also the leading supplier of textile...
First half-year results 2020: Union Bancaire Privee announces a net profit of CHF 107.6 million for the first half of 2020
GENEVA, July 17, 2020 /PRNewswire/ -- * Operating profit in the six months to the end of June 2020 was CHF 130.6 million, up 19.6% year-on-year. * Net profit amounted to CHF 107.6 million compared with the previous year's figure of CHF 117.2 million, which included a non-recurring profit fro...
Reply to Hibiki's Open Letter to the TM on the Proposed Divestment of Accordia Golf Trust
SINGAPORE, July 17, 2020 /PRNewswire/ -- Accordia Golf Co., Ltd. ("Accordia") refers to the open letter by Hibiki Path Advisors Pte. Ltd. ("Hibiki") dated 3 July 2020 (the "Hibiki Letter") to the trustee-manager (the "TM") of Accordia Golf Trust ("AGT"), in relation to Accordia's proposed acquisi...
Electrolux Q2 Interim Report 2020: Navigating Through Challenging Market With Reinforced Strategy
STOCKHOLM, July 17, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the second quarter of 2020 * Net sales amounted to SEK 23,476m (29,232). Organic sales declined by 16.6%, due to lower volumes. The development...
Blue secures six wins at Bloomberg Businessweek Financial Institution Awards 2020
HONG KONG, July 17, 2020 /PRNewswire/ -- Blue
Returnity and Polygiene Partner to Create First Ever Antimicrobial Reusable Packaging
BROOKLYN, New York, July 17, 2020 /PRNewswire/ -- Returnity has partnered with Polygiene to create an improved reusable packaging product, treated with Polygiene's ViralOff® antimicrobial solvent. The initiative is a first for the packaging industry, directly addressing recent concerns linked to ...
Ericsson Reports Second Quarter Results 2020
STOCKHOLM, July 17, 2020 /PRNewswire/ -- Second quarter highlights * Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY. * Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communica...
L-com Introduces New Coiled Category 5e Industrial Ethernet Cable Assemblies
IRVINE, California, July 17, 2020 /PRNewswire/ -- L-com, an Infinite Electronics brand and a preferred manufacturer of wired and wireless connectivity products, has unveiled a new series of Category 5e industrial, high-flex coil cords that are ideal for applications that include industrial Ether...
Standing Strong With Singapore
SINGAPORE, July 17, 2020 /PRNewswire/ -- REC Group
Ruder Finn and Consumer Search Group Jointly Announcing 2020 China Premium Beauty Report
* The COVID-19 pandemic has made an impact on purchase channel preferences. * Positive outlook for spending through livestreaming channels during the next 12 months. * Domestic beauty inspiration is gaining significance. * Consumers are still more receptive to word-of-mouth. * Purchase de...
Vestas secures 101 MW for the final phase of its largest project in Vietnam to date
SINGAPORE, July 17, 2020 /PRNewswire/ -- Vestas has secured a 101 MW order with AMI AC Renewables Corporation, a joint venture between AC Energy and AMI Renewables, for the second phase of the B&T Wind Farm. The order closely follows the recent 84 MW order for the first phase of the project. With...
Fundnel Unveils Sustained Demand for ECF Deals Amidst Global Economic Headwinds and Reports Growing Interest in Revenue-Sharing
* Over 240 Malaysian SMEs sought Fundnel's expertise for fundraising, surpassing the industry's average deal activity * In 2019, Fundnel secured US$120 million for startups, private companies and venture capital funds in the region * Revenue-sharing structure offers investors a way to suppor...
HP Introduces Powerful New Global Partner Program
HP Amplify™ arms partners with the capabilities and insights required to drive growth in the customer-driven digital age News highlights: * Delivers simplified and easy-to-navigate global[1] structure with two distinct tracks * Rewards partners for value-added services, collaboration and ...
P&G and Shopee inspires home shopping with 'Show Me My Home' experiential microsite in Southeast Asia
MANILA, Philippines, July 17, 2020 /PRNewswire/ -- Procter & Gamble (NYSE:PG),
a leading fast-moving consumer goods company, announces collaboration with
Shopee, a leading e-commerce platform in Southeast Asia andTaiwan,, with the
launch ofShow Me My Home
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