Investment & Financing
LCM Partners Acquires €3 Billion European NPL Portfolio
LONDON, July 14, 2017 /PRNewswire/ -- LCM Partners, a leading European Alternatives Investment Manager, today announced that it has acquired a significant European portfolio of non-performing and re-performing loans. This landmark deal sees LCM purchase €3 billion of assets, comprising over 400...
Fragmented Market Opens Tremendous Opportunities for Vendors in Brazil's Industrial Internet of Things Business
Emergent public policies will strengthen the market, finds Frost & Sullivan's Digital Transformation team SAO PAULO, July 13, 2017 /PRNewswire/ -- Ubiquitous connectivity and the growth of Internet of Things (IoT) are accelerating industrial IoT (IIoT) revenue growth inLatin America. Although in...
Cyient Announces First Quarter Results For FY 2018
– YoY revenue growth of 12.8% in US$ terms (US$141Mn) – YoY Net profit growth of 18.7%; at Rs.878 Mn – Services revenue YoY growth 12.4% and QoQ growth 3.2%; at US$129 Mn: highest ever – Cash & cash equivalents at a Rs.10,320 Mn: highest ever HYDERABAD, India, July 13, 201...
Turkish Electricity Industry Gradually Shifts from Mechanical to Smart Meters in Regions with High Loss and Theft Rates
Regulatory support critical for large-scale rollouts of smart meter deployment, finds Frost & Sullivan's Energy & Environment team SANTA CLARA, Calif., July 13, 2017 /PRNewswire/ -- Smart meter deployment is slowly gathering pace inTurkey as regions experiencing high non-technical losses and the...
ShangPharma Innovation and the University of California San Francisco Announce Strategic Research Collaboration
SAN FRANCISCO and SOUTH SAN FRANCISCO, Calif., July 13, 2017 /PRNewswire/ -- In a new collaboration, ShangPharma Innovation, Inc. (SPII) is providing funding and other support to scientists at UC San Francisco (UCSF) to accelerate the development of promising life science inventions. The partner...
Clinical Decision Support Systems Evolve to Become the Core of the Data-driven Healthcare Ecosystem
Clinical surveillance, interoperable EHRs, and population health applications offer strong growth opportunities,finds Frost & Sullivan's Transformational Healthteam SANTA CLARA, Calif., July 13, 2017 /PRNewswire/ -- Technical and regulatory disruptions are transforming the clinical decision supp...
Hurun Report publishes 'China HNWI Gifting White Paper' in association with MEC
SHANGHAI, July 13, 2017 /PRNewswire/ -- Leading authority on Chinese luxury c onsumers The Hurun Research Institute and MEC today released 'China HNWI Gifting White Paper 2017'', a report on the gifting behavior and demand of high net worth individuals (HNWIs) inChina. This White Paper will help r...
Artificial Intelligence and Blockchain Among Top 10 Technologies Disrupting the ICT Industry
SANTA CLARA, California, July 13, 2017 /PRNewswire/ -- The breakneck speed of innovations inInformation and Communication Technology (ICT) over the past few decades has radically transformed the way businesses, individuals and even things such as physical devices operate and interact with each ot...
Venus Concept Closes $38 Million Equity Financing to Support Continued Growth Opportunities
TORONTO, July 13, 2017 /PRNewswire/ -- Venus Concept Ltd., a privately-held and innovative global aesthetic technology leader, today announced the closing of a $38 million equity investment. The equity investment was led by EW Healthcare Partners along with significant participation from HealthQue...
North American Class 1-8 Starters and Alternators Aftermarket Players Focus on Improving Services to Expand Market Share
Brand-building activities and strong channel partnerships will boost growth opportunities, finds Frost & Sullivan's Mobility team SANTA CLARA, California, July 13, 2017 /PRNewswire/ -- The North American aftermarket for Class 1-8 starters and alternators is expected to see revenue growth, even a...
Teijin Invests in its Twaron Capacity in Dutch Production Facility
ARNHEM, The Netherlands, July 13, 2017 /PRNewswire/ -- Teijin Aramid today announced it is going to expand its aramid production capacityfor its Twaron super fiber. It will invest in new spinning technology at the Twaron facility in Emmen,the Netherlands, starting up in the first quarter of 201...
UN's Global City Development Forum 2017 Focuses on Shanghai "Global City" Strategy: Huaqiao Becomes Hotspot Keyword
NEW YORK, July 13, 2017 /PRNewswire/ -- July 3, 2017, according to the 11th goal of the 17 UN sustainable development goals (SDGs): Sustainable Cities and Communities, the Global City Development Forum 2017 was held at the United Nations headquarters. UN senior officials, UN ambassadors, urban pl...
Silverman Announces Debut of Large-Scale Web Movie "The Heavenly Emperor"
HONG KONG, July 13, 2017 /PRNewswire/ -- Other highlights: * TV drama "Adoption" to be premiered at end of July * TV drama "The Road Ahead" was highly praised by People's Daily Silverman Holdings Limited (''Silverman'' or the "Company", to be renamed as "Starrise Media", Stock Code: 1616.HK...
Geopolitical Factors Drive Growth of Global Airborne Maritime Surveillance Aircraft Market
LONDON, July 13, 2017 /PRNewswire/ -- The global airborne maritime surveillance market is growing. Geopolitical uncertainties and obsolete aircraft fleets are driving requirements - for advanced maritime patrol aircraft (MPA) and maritime surveillance aircraft (MSA). In particular, P-3C replaceme...
Enterprise Mobility Survey Commissioned by Red Hat Reveals Growing Demand for Mobile Applications in ASEAN Countries
SINGAPORE, July 13, 2017 /PRNewswire/ -- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the results of a survey on enterprise mobility adoption inSingapore, Malaysia and Indonesia. The survey, conducted by IDC and commissioned by Red Hat, include...
Boao Forum for Asia Bangkok Conference Asian Regional Cooperation: Turn Challenges into Opportunities
BANGKOK, July 13, 2017 /PRNewswire/ -- The Boao Forum for Asia conference convened inBangkok, Thailand calling for regional economic integration under the theme of "Asian Regional Cooperation: New Challenges, New Approach". Around 350 representatives from 13 countries and regions gathered in th...
Dianrong Acquires Asset-Origination Operations of Quark Finance
SHANGHAI, July 13, 2017 /PRNewswire/ -- Dianrong today announced the acquisition of Quark Finance's asset-origination operations, including the new Credit Studio platform. This transaction will significantly expand and strengthen Dianrong's existing asset-generation capabilities acrossChina. Qua...
Myanmar opens arms for the first foreign company to build an oil and gas supply base
YANGON, Myanmar, July 13, 2017 /PRNewswire/ -- MOSB Limited (MOSB), has received approval from theMyanmar Investment Commission (MIC) on 11th July, 2017 to build and operate a supply base in Mon State, with the endorsement from the Ministry of Energy. The establishment of a supply base will supp...
JA Solar Supplies 100% of Modules for the First Utility-scale Solar Plant in Malaysia
BEIJING, July 13, 2017 /PRNewswire/ -- JA Solar Holdings Co., Ltd. (JASO) ("JA Solar"), one of the world's largest solar products manufacturers, today announced that it won the contract to supply 50 MW (AC) of modules for the country's first utility-scale solar project inMalaysia. Located in Sab...
China Commercial Credit Enters into a Non-Binding Letter of Intent to Acquire Sorghum Investment Holdings Limited
SUZHOU, China, July 12, 2017 /PRNewswire/ -- China Commercial Credit, Inc. (NasdaqCM: CCCR) (the "Company"), a microfinance company providing financial services to small-to-medium enterprises ("SMEs"), farmers and individuals in Jiangsu Province, is pleased to announce that it has entered into a n...
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