Investment & Financing
SKF Divests Reelcraft
2017-06-16 17:20
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GOTHENBURG, Sweden, June 16, 2017 /PRNewswire/ -- SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft, a manufacturer of hose, cord and cable reels for industrial applications, to Madison Industries. The total consideration of the divestment is USD 115 million on a c...
Körber Group Acquires MTC S.R.L.
2017-06-16 17:00
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HAMBURG, Germany and LUCCA, Italy, June 16, 2017 /PRNewswire/ -- The international technology group Körber, headquartered in Hamburg, Germany, completed the acquisition of MTC S.R.L, based in Lucca, Italy with effect from June 14, 2017 following approval from the German antitrust authorities. ...
Guazi Announces Series B Financing
2017-06-16 14:00
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BEIJING, June 16, 2017 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com"), China's largest online marketplace serving local merchants and consumers, today announced that Guazi.com Inc. ("Guazi"), the Company's minority-owned entity that operates a consumer-to-consumer (C2C) used car trading ...
Day-long 'Dialogue' Held on Sino-US Economic Relations
2017-06-16 13:17
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NEW YORK, June 16, 2017 /PRNewswire/ -- A high-level group of Chinese and American dignitaries and more than 30 scholars from leading think-tanks of both countries discussed an array of topics during a day of dialogue on Sino-American relations, including greater economic cooperation and the Belt...
Fosun and Hauck & Aufhauser Privatbankiers are key partners of the G20 Young Entrepreneurs' Alliance (G20 YEA) Summit to promote the Protechting program
2017-06-16 12:01
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BERLIN, June 16, 2017 /PRNewswire/ -- * As key partners of the G20 YEA, Fosun Group and German private bank Hauck & Aufhauser Privatbankiers show their support to young entrepreneurs and innovation * Ms. Lan Kang, representing Fosun Group, delivered an inspiring speech to encourage young ...
TuSimple Becomes First San Diego Company To Test Self-Driving Vehicles
2017-06-16 09:00
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SAN DIEGO, June 15, 2017 /PRNewswire/ -- TuSimple joins the ranks of GM, Google, Tesla, and Ford this week in acquiring a permit from the California Department of Motor Vehicles to test autonomous driving vehicles on the road. TuSimple's autonomous systems can now tackle real Southern California ...
2017 Manufacturing Leadership Awards Program Honors Trailblazers of Industry Transformation
2017-06-16 00:07
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Industry 4.0 Pioneer Dr. Detlef Zühlke, Leo Reddy and The Dow Chemical Company receive top honors SANTA CLARA, Calif., June 16, 2017 /PRNewswire/ -- Last night at the 13th Annual Manufacturing Leadership (ML) Awards Gala, produced by Frost & Sullivan's Manufacturing Leadership Council, top honor...
Professionalism Training for Gaming Practitioners: Graduating Class Honoured and New Cohort Inaugurated
2017-06-15 21:29
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Co-organised by Macau Federation of Trade Unions, Labour Affairs Bureau and Sands China Ltd. MACAO, June 15, 2017 /PRNewswire/ -- Sands China's first group of team members to graduate from theProfessionalism Training for Gaming Practitioners programme were honoured Thursday at The Venetian® Maca...
Southeast Asia Presents New Opportunities from Belt and Road Initiative, Canton Fair Paves Solid Foundations for Participating Countries
2017-06-15 21:00
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GUANGZHOU,China, June 15, 2017 /PRNewswire/ -- The influence of China's Belt and Road Initiative (B&R), the government's development strategy to boost economic development along the Silk Road Economic Belt and 21st Century Maritime Silk Road, was felt at the 121st Canton Fair, where nearly 90,000...
3rd China-CEEC Investment and Trade Expo Closes In Ningbo As Major Success
2017-06-15 20:29
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NINGBO, China, June 15, 2017 /PRNewswire/ -- The 3rd China-CEEC Investment and Trade Expo ("the Expo") has closed inNingbo, Zhejiang, province, China, where the city signed a range of agreements and deals with Central and Eastern European (CEE) countries in trade, investment and cultural exchan...
Merck Expands Distribution Agreement with Public Health England
2017-06-15 20:00
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- Merck to become global distributor of the European Bank of iPS Cells,
excludingJapan
- Extension of relationship with Public Health England for global
distribution of cost-efficient, authenticated cell lines
DARMSTADT, Germany, June 15, 2017 /PRNewswire/ -- Merck
ReneSola Announces First Quarter 2017 Results
2017-06-15 19:45
4336
SHANGHAI, June 15, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the
"Company") (www.renesola.com
Frost & Sullivan Commends Seven Bridges' Scalable Genomic Data Analysis Platform Solution
2017-06-15 19:25
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Seven Bridges recognized for its success in enabling pharmaceutical research and development and national genomics projects SANTA CLARA, California, June 15, 2017 /PRNewswire/ -- Based on its recent analysis of the genomics informatics industry, Frost & Sullivan recognizes Seven Bridges with the...
The9 Limited Signs Definitive Agreement Regarding Private Placement
2017-06-15 19:00
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SHANGHAI, June 15, 2017 /PRNewswire/ -- The9 Limited (the "Company" or "The9") (NASDAQ: NCTY), an online game operator, today announced that it has entered into a definitive agreement with IE Limited, a company incorporated under the laws of Korea with shares listed on the Korean Securities Deale...
Yingli Green Energy Reports First Quarter 2017 Results
2017-06-15 18:21
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BAODING, China, June 15, 2017 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced its unaudited consolidated financial results for the qua...
KHC acquires 7% stake in Careem for $62M
2017-06-15 18:00
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RIYADH, Saudi Arabia, June 15, 2017 /PRNewswire/ -- Kingdom Holding Company (KHC) chaired by HRH PrinceAlwaleed Bin Talal Bin Abdulaziz Alsaud, acquired a 7% stake in Careem through a Secondary Share purchase as well as participating in the latest Primary Round E-1 Capital Raise amounting to a to...
LightInTheBox Reports First Quarter 2017 Financial Results
2017-06-15 18:00
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BEIJING, June 15, 2017 /PRNewswire/ -- -- Net Revenues Increase 8.0% Year-over-Year -- Conference Call to be Held at 8:00AM ET on June 15, 2017 LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to con...
Green4U Technologies, Inc. and Panoz Reveal All-Electric Road-Racing Sports Car Concept
2017-06-15 17:20
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LE MANS, France, June 15, 2017 /PRNewswire/ -- Green4U Technologies, Inc., formed in 2016 to provide electric vehicles (EVs) and EV technologies, and Panoz, a Green4U company, today unveiled an all-electric race car concept with the goal of delivering performance and range similar to internal com...
Understanding the capital-driven tie-up between COOCAA and Tencent
2017-06-15 17:00
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The content battle in the color TV 3.0 era BEIJING, June 15, 2017 /PRNewswire/ -- On June 6, 2017, COOCAA, a subsidiary of Chinese TV manufacturer Skyworth Group, announced that the company had received a300 million yuan investment from Tencent, giving the internet giant a 7.7142 percent stake i...
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyse Growth, finds Frost & Sullivan
2017-06-15 16:21
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Value-added, consumer-centric business models and consolidation key to new growth opportunities, finds Frost & Sullivan's Energy & Environment team SINGAPORE, June 15, 2017 /PRNewswire/ -- While the Asia-Pacific renewable energy (RE) inverters market is reaching maturity, theSoutheast Asia market...
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