Investment & Financing
Twenty-two additional global banks join the SWIFT gpi blockchain proof of concept
SYDNEY, July 6, 2017 /PRNewswire/ -- SWIFT announces today that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time. The PoC is part of theSWIFT gpi (...
ICD And Saturna Sdn Bhd Launch Sustainable Islamic Fund
Fund Enhances Shariah-Compliant Portfolio With Added Sustainable Aims KUALA LUMPUR, Malaysia, July 6, 2017 /PRNewswire/ -- The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank, and Saturna Sdn Bhd (Saturna), a wholly-o...
Yum China Reports Q2 Same-Store Sales Growth of 3% and Operating Profit Growth of 64%; Loyalty Members Surpassed 100 Million; Mobile Payment Exceeded 40% of Total Company Sales
SHANGHAI, July 5, 2017 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the second quarter endedMay 31, 2017. Second Quarter Highlights * Total system sales grew 7%, including growth of 8% at KFC and 7% at Pizza Hut1,...
Accomplished technology executive Chris Veator is latest addition to Clarivate Analytics, leading its MarkMonitor business
PHILADELPHIA, July 6, 2017 /PRNewswire/ -- Clarivate Analytics, a global leader in providing trusted insights and analytics to accelerate the pace of innovation, today announced thatChris Veator joined the company as President of its MarkMonitor business. Veator will lead the global MarkMonitor t...
Digital Domain 2017 Strategy Conference - Introduction of Industry Leading Figures as Company Board Members
HONG KONG, July 5, 2017 /PRNewswire/ -- Digital Domain Holdings Limited (the "Company" or "Digital Domain", stock code: 547), one of the world's largest and most innovative providers of visual effects and immersive experiences, today held its 2017 strategy conference inHong Kong. During the event...
Customization and Cost Benefits over Traditional Manufacturing Attract Investments in 3D Printing Technology from Healthcare Facilities Globally
The growing demand for patient-specific products and the reduced cost barrier associated with traditional product manufacturing creates vast growth opportunities for technology innovators, finds Frost & Sullivan's Transformational Health team SANTA CLARA, California, July 5, 2017 /PRNewswire/ --...
Roca Group to Increase its Production Capacity in Russia by 30%
MOSCOW, July 5, 2017 /PRNewswire/ -- Russia is one of the most important markets for the Roca Group worldwide. It currently has seven production plants and a staff of 2,700 employees in the country. The company commercialises its products under the global brands Roca and Laufen; the Jika brand, ...
TruTag Wins 2017 North American Frost & Sullivan Award for Technology Innovation
TruTag provides instant, on-product authentication throughout the supply chain and across industries SANTA CLARA, California, July 5, 2017 /PRNewswire/ -- Based on its recent analysis of the product authentication market, Frost & Sullivan recognizes TruTag Technologies, Inc. (TruTag) with the 20...
Yong Hak Huh Joins General Atlantic as Special Advisor
NEW YORK, July 5, 2017 /PRNewswire/ -- General Atlantic, a leading global growth equity firm, announced today thatYong Hak Huh, Founder and CEO of First Bridge Strategy Limited and former Chief Investment Officer of Private Markets and Direct Investment at the Hong Kong Monetary Authority, is joi...
China Digital TV Appeals NYSE Delisting Decision
BEIJING, July 5, 2017 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (OTC: STVVY) ("China Digital TV" or the "Company"), a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, today announced that ...
Merck Awards EUR1.25 Million to Research Projects Through its 2017 Grant for Fertility Innovation (GFI)
DARMSTADT, Germany, July 5, 2017 /PRNewswire/ -- * Two projects are awarded funds to advance the fertility field * Professor Lunenfeld honored with Merck Lifetime Achievement Award * The company is committed to driving innovation through evolving the product portfolio and investing in pot...
HKBN and TGT Bolster Strategic Cooperation
Accelerating Network Expansion and Service Offerings to Seize Market Opportunities HONG KONG, July 5, 2017 /PRNewswire/ -- HKBN Group ("HKBN") and Towngas Telecom ("TGT") announced today that they will further bolster their strategic cooperation to increase their presence and service offerings i...
HORIBA MIRA Opens £8m Advanced Emissions Test Centre
NUNEATON, England, July 5, 2017 /PRNewswire/ -- * New centre developed in response to increased vehicle tailpipe emissions scrutiny * Centre will provide emissions testing for global compliance HORIBA MIRA - a world-leader in advanced engineering, research and product testing - has enhanc...
Anaeropharma Science Announces Closing of Financing
TOKYO, July 5, 2017 /PRNewswire/ -- Anaeropharma Science, Inc., a company dedicated to the development of novel therapeutics to target hypoxic solid tumors, announced onJuly 5 it has secured US$13.2 million in new capital. The participants in the financing round include three new investors, Novar...
Connected Truck Telematics Enable App-based Ecosystems, Digital Freight Brokering, and Video Safety to Transform Fleet Management
Frost & Sullivan whitepaper examines the impact of commercial vehicle on the transportation and logistics industry DUBAI, United Arab Emirates, July 5, 2017 /PRNewswire/ -- Steady growth in the global connected truck market is creating growth opportunities in commercial vehicle telematics for or...
Floadia Completes Fundraising of 1.6 Bil. JPY from 9 VCs in Japan and Taiwan for Investment in Embedded Flash Memory IP Business
TOKYO, July 5, 2017 /PRNewswire/ -- Floadia Corporation (hereinafter "Floadia") headquartered inTokyo, Japan, announced on July 5 that it successfully closed "Series B" fundraising of1.6 billion Japanese yen (US$14.5 million) to use the funds to continue the commercial supply of its embedded flas...
More Durable and Versatile Membranes Attract Investments from Water and Wastewater Utilities Undergoing Privatization
Underserved frontier markets offer vast growth opportunities for providers of complete solutions, finds Frost & Sullivan's Energy & Environment team SINGAPORE, July 5, 2017 /PRNewswire/ -- The region-wide focus on cleaner water and wastewater inSoutheast Asia has accelerated the pace of innovatio...
Mason Financial Takes Controlling Interest in Blend and Pack
HONG KONG, July 4, 2017 /PRNewswire/ -- Mason Financial Holdings Limited ("Mason Financial" or the "Company", stock code: 0273.HK) together with the ASX-listed whole of life nutrition company, Wattle Health Australia Limited ("Wattle Health", stock code: WHA.AS), today announced the signing of th...
ICT Retail Spend in SA is on the increase, despite struggling economy, says Frost & Sullivan
Cloud-based services, managed services and cellular connectivity will present growth opportunities up toZAR1.8 billion by 2019 CAPE TOWN, South Africa, July 4, 2017 /PRNewswire/ -- Despite economic pressures, investment by the South African retail sector into information and communication techno...
2H2017 continues to be positive, but valuations getting expensive, says Pacific Mutual
PETALING JAYA, Malaysia, July 4, 2017 /PRNewswire/ -- In a statement today, Pacific Mutual Fund Bhd, an investment management company under the OCBC Group, with internal resources to manage both local and global investments for its clients, has commented that the second half of 2017 would continu...
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