Investment & Financing
AmCham South China Helps Impoverished Wuxing Village Battle Poverty with RMB3,429,517 (US$545,233) in Cash and In-kind Donations from Members
MEIZHOU, China, Feb. 2, 2018 /PRNewswire/ -- The American Chamber of Commerce in South China (AmCham South China), as its 8th consecutive annual charity effort and 2nd year to visit Wuxing Village, yesterday returned with a selected group of business and community leaders including executives from...
Heidrick & Struggles Appoints Avanade CEO Adam Warby to Board of Directors
New appointment will sharpen firm's focus on skills and insights required in
digital world
CHICAGO, Feb. 2, 2018 /PRNewswire/ -- Heidrick & Struggles
Quess Corp Reinforces its Services Platform Through Two Major Acquisitions to Buy Monster's Business Across India, SE Asia & the Middle East and the Care Business of HCL Services
BENGALURU, India, Feb. 1, 2018 /PRNewswire/ -- Quess Corp, India's leading integrated business services provider announced today that it has signed definitive agreements to buy: * Monster India and its business in South East Asia and the Middle East ("Monster") from Monster Worldwide Inc. * ...
Changyou.com Receives Letter Regarding Previous Preliminary Non-Binding Proposal to Acquire the Company
BEIJING, Feb. 1, 2018 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator inChina , today announced that onJanuary 30, 2018 its board of directors (the "Board") received a letter from Dr.Charles Zhang, the Chairman of the ...
SSLJ.com Limited Announces First Closing of its Initial Public Offering
Company to Trade on NASDAQ Capital Market Under Ticker Symbol "SSLJ" WUHAN, China, Jan. 31, 2018 /PRNewswire/ -- SSLJ.com Limited (the "Company"), a vertically integrated O2O home decoration service and product provider inChina , today announced the first closing of its initial public offering ("I...
AEM Holdings expands into MEMS testing, acquiring leading European solutions provider Afore Oy
HELSINKI, Jan. 31, 2018 /PRNewswire/ -- AEM Holdings today announces the acquisition of Afore Oy, a leading Micro-Electro-Mechanical Systems (MEMS) test solutions provider based inFinland. With the acquisition, AEM broadens its global solution offerings beyond logic IC handlers and RF test & meas...
Shell wins nine key blocks in Mexico deep-water bid round
MEXICO CITY, Feb. 1, 2018 /PRNewswire/ -- In today's deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., ("Shell") won four exploration blocks on its own, one with its partner Pemex Exploración y Producción and four with its partner Qatar P...
Shell Announces Large Deep-Water Discovery In Gulf Of Mexico
HOUSTON, Feb.1, 2018 /PRNewswire/ -- Shell Offshore Inc. ("Shell") today announced one of its largest U.S.Gulf of Mexico exploration finds in the past decade from the Whale deep-water well. The well encountered more than 1,400 net feet (427 meters) of oil bearing pay. Evaluation of the discovery ...
Ribbon Communications Appoints Tony Scarfo Executive Vice President of Products and R&D
30-year industry veteran brings extensive record of innovation, leadership and
vision in telecommunications, security and cloud communications
WESTFORD, Massachusetts, Jan. 31, 2018 /PRNewswire/ -- Ribbon Communications
Inc.
Nanjing Ying Peng Becomes Major Shareholder of China Cord Blood Corporation
HONG KONG, Jan. 31, 2018 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), a leading cord blood bank operator inChina, today announced that Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (limited partnership) ("Nanjing Ying Peng"), via its su...
Nanjing Ying Peng Becomes Major Shareholder of China Cord Blood Corporation
HONG KONG, Jan. 31, 2018 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), a leading cord blood bank operator in China, today announced that Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (limited partnership) ("Nanjing Ying Peng"), via its su...
Engine Biosciences Raises $10 Million in Seed Financing to Accelerate Drug Discovery Using Genomics and Artificial Intelligence
San Francisco- and Singapore-based biotech company raises $10 million in seed round from leading American and Asian investors; round was co-led by DHVC (Danhua Capital) and 6 Dimensions Capital, with participation from WuXi Apptec, EDBI, Pavilion Capital, Baidu Ventures, WI Harper, and Nest.Bio V...
Electrolux - President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Electrolux reached an operating margin of 6.1% during 2017, an improvement of close to 20%. This was an important step on the journey towards profitable growth, supported by a strong focus on product portfolio management and cost efficiencies. The year e...
Electrolux Consolidated Results 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Highlights of the fourth quarter of 2017 * Net sales increased to SEK 32,366m (32,144) * Organic sales growth was 4.0%, contribution from acquisitions and divestments was 1.4% while currency translation had a negative impact of 4.7% * Operating inco...
Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider
DUBAI, UAE, January 31, 2018 /PRNewswire/ -- Avaya Holdings Corp. (NYSE: AVYA), a leading global business communications company announced it has signed a definitive agreement to acquire Spoken Communications ("Spoken"), a leading innovator in Contact Center as a Service (CCaaS) solutions for e...
Kaneka Aerospace Has Acquired the Composites Portfolio of Henkel Corporation to Further Strengthen Growth, Sales, and Market Position of Kaneka Aerospace Composites
SAN FRANCISCO, Jan. 31, 2018 /PRNewswire/ -- Kaneka Corporation's (Tokyo, Japan , President:Mamoru Kadokura) wholly owned subsidiary, Kaneka Americas Holding, Inc. ("KAH") (Texas, USA, President and CEO: Kazuhiko Fujii), wholly owned subsidiary, Kaneka Aerospace, LLC ("KAE") (California, USA, Pres...
Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Chartered Private Equity for INR 1,010 Cr
MUMBAI, India, Jan. 30, 2018 /PRNewswire/ -- * Highest absolute return in the Power and Utilities sector in India * Standard Chartered set to make 2x returns in a short span of 3.5 years Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Cha...
U.S. Companies in China Increasingly Upbeat on Economy Despite Ongoing Regulatory Challenges
Latest AmCham China survey developed in collaboration with Bain & Company also finds greater optimism about future of U.S.-China relations BEIJING, Jan. 30, 2018 /PRNewswire/ -- Confidence within the American business community towardChina's economy is strengthening, despite significant concerns...
Cision Pre-Releases Select Preliminary Unaudited Fourth Quarter and Full Year 2017 Results; Provides Initial Full Year 2018 Outlook
CHICAGO, Jan. 29, 2018 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today reported select preliminary unaudited financial results for the fourth quarter and year endedDecember 31, 2017....
Sharing Economy International Enters into Exclusivity Agreement with JoGeep Regarding Potential Acquisition to Expand Travel Rental Services with Blockchain and A.I. Platform
HONG KONG, Jan. 29, 2018 /PRNewswire/ -- Sharing Economy International, Inc. ("SEII" or "the Company") (NASDAQ: SEII) today announced that its wholly-owned subsidiary, EC Rental Ltd. ("EC Rental"), has entered into an exclusivity agreement with the shareholders of JoGeep ("JoGeep"), regarding a p...
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