A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR TUGU INSURANCE COMPANY LIMITED

HONG KONG, Feb 27 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of "bbb" of Tugu Insurance Company Limited (TIC) (Hong Kong). TIC is owned by PT Tugu Pratama Indonesia (TPI).

The negative outlooks reflect TIC's limited business profile, poor and increasingly volatile underwriting performance and negative operating cash flows.

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TGS AND SCHLUMBERGER ANNOUNCE NEW MULTI- AND WIDE-AZIMUTH MULTICLIENT REIMAGING PROGRAM IN CENTRAL U.S. GULF OF MEXICO

ASKER, Norway, Feb 24 (Bernama-GLOBE NEWSWIRE) -- TGS-NOPEC Geophysical Company (TGS) and Schlumberger today announced a new multi- and wide-azimuth (M-WAZ) multiclient reimaging program in the highly prospective Central U.S. Gulf of Mexico. Final results are expected in early 2018, ahead of a period when substantial block turnover in the area is anticipated.

http://mrem.bernama.com/viewsm.php?idm=28492

RedHill Biopharma Reports 2016 Fourth Quarter and Full-Year Financial Results

• RedHill maintains a strong and debt-free balance sheet with approximately $66 million in cash and cash equivalents at the end of 2016, allowing the Company to continue to execute its development and U.S. commercialization plans

Select 2016 milestones include:

• Successful final results from the first Phase III study with RHB-105 for the treatment of H. pylori infection 
• Positive and unanimous independent DSMB recommendation for the continuation of the Phase III study with RHB-104 for Crohn’s disease (the MAP US study)
• Encouraging top-line final results from the Phase IIa proof-of-concept study with RHB-104 for relapsing-remitting multiple sclerosis
• Exclusive U.S. co-promotion agreement with Concordia for gastrointestinal drug Donnatal^®

Select potential milestones expected in 2017:  

• Initiation of a confirmatory Phase III study with RHB-105 for the treatment of H. pylori infection, expected in Q2/2017
• Second independent DSMB meeting for the MAP US Phase III study with RHB-104 for Crohn’s disease, including an interim efficacy analysis and an evaluation of an option for early stop for success for overwhelming efficacy, expected in Q2/2017
• Top-line results from the BEKINDA^® Phase III study for gastroenteritis (the GUARD study), expected in Q2/2017 
• Top-line results from the BEKINDA^® Phase II study for IBS-D, expected mid-2017 
• Initiation of promotional activities for Donnatal® in selected U.S. territories  

TEL-AVIV, Israel, Feb 24 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today reported its financial results for the fourth quarter and full-year ended December 31, 2016.

SOURCE : RedHill Biopharma Ltd.

A.M. BEST AFFIRMS CREDIT RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA

SINGAPORE, Feb 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of General Insurance Corporation of India (GIC Re) (India). The outlook of these Credit Ratings (ratings) is stable.

 
The ratings reflect GIC Re’s adequate risk-adjusted capitalization and good business profile in its domestic market. GIC Re is the largest domestic reinsurer in India and benefits from the obligatory cessions of direct insurers in India. In addition, GIC Re has a geographically diversified underwriting portfolio.

http://mrem.bernama.com/viewsm.php?idm=28500

​PAYVISION WINS THE BEST PSP AWARD AT MERCHANT PAYMENTS ECOSYSTEM 2017

For its innovative data-driven omnichannel platform under the Acapture solution

AMSTERDAM, Netherlands, Feb 23 (Bernama-GLOBE NEWSWIRE) -- Payvision, global acquirer and data-driven omnichannel solutions provider, won the award for the Best PSP at the annual Merchant Payments Ecosystem conference, recognizing its innovative global services under the Acapture brand. Integrating Acapture’s omnichannel solution into its global acquiring network, Payvision has transformed itself into a data-driven omnichannel enterprise. This has positioned the company as THE no. 1 merchant acquirer and payment provider empowered by data science and analytics.

“It is an absolute honor for us to be acknowledged as the Best PSP by an industry authority such as MPE. This highlights the focus and dedication we have for our customers and partners”, said Gijs op de Weegh, Chief Operating Officer at Payvision and Acapture. “Merchants need a global solution that offers them a wide variety of payment products for their ecommerce business. We built Acapture with one specific goal in mind: to set a new standard in the payments industry. By using the latest technologies, we offer merchants a complete omnichannel solution to maximize their revenue. This award is a great indicator that our work is appreciated and recognized within the industry.”

http://mrem.bernama.com/viewsm.php?idm=28481

DUBUC MOTORS RECEIVES SEC QUALIFICATION UNDER US JOBS ACT

The first electric vehicle (EV) company approved to sell equity shares to accredited and non-accredited investors

 
MENLO PARK, Calif., Feb 24 (Bernama-GLOBE NEWSWIRE) -- Dubuc Motors, the company behind the Tomahawk – the world’s first 2+2 electric sports car, announced today the launch of the live offering phase of its equity crowdfunding campaign after the qualification of its filing with the Securities and Exchange Commission (SEC). The company revealed its electric supercar through a Testing the Waters (TTW) campaign in 2016 and is now turning the $6 million in initial funding reservations into real funding dollars.

http://mrem.bernama.com/viewsm.php?idm=28489

EUROMONITOR REVEALS THE ECONOMIC AND CONSUMER TRENDS TO WATCH IN 2017

LONDON, Feb 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today a new white paper, “Global Economies and Consumers in 2017”.

 
Euromonitor International analysts predict 2017 will be marked by slowing growth in consumer expenditure in developed markets. With many of these countries struggling to raise productivity, weighed down by debt and ageing population, stagnation represents a threat. The Eurozone will continue to see anaemic growth, with a slowdown in all major economies next year.

http://mrem.bernama.com/viewsm.php?idm=28485

Lumenis is Proud to Support the First International Scar Treatment Conference in Israel

YOKNEAM, Israel, Feb 22 (GLOBE NEWSWIRE) -- Lumenis Ltd., the world’s largest energy-based medical device company for surgical, aesthetic, and ophthalmic applications, announced that it will be supporting the first International Scar Treatment Conference in Israel, which will be held in Tel Aviv, on February 22, 2017.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a7b1e63a-acaf-43db-88e3-63bce783ade2

The primary focus of the conference is an interdisciplinary approach for successful management of scars, and it will feature many key scar experts from around the world, including Dr. Peter Shumaker (US), Dr. Jill Waibel (US), Dr. Matteo Tretti Clementoni (Italy), Dr. Gerd Gauglitz (Germany), Dr. Ofir Artzi (Israel) and more.

SOURCE : Lumenis Ltd.

EUROMONITOR IDENTIFIES 17 TOP EMERGING CITIES WITH BUSINESS GROWTH OPPORTUNITIES

CHICAGO, Feb 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today a new strategy briefing, "Cities of the Future: Emerging Market Champions”, highlighting the most developed cities in emerging markets alongside their business opportunities and challenges.

 
Despite being located in underdeveloped regions, top emerging cities feature elements of developed markets, including modern lifestyle, use of internet and high demand for quality products. The strategy briefing highlights 17 emerging market cities including Montevideo, Santiago, Dubai, and Shanghai.
 

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NEWCOMER SINGAPOREAN STUDENTS WIN TWO AWARDS IN MANDOM'S 11TH COMMERCIAL VIDEO CONTEST "GATSBY CREATIVE AWARDS"

OSAKA, Japan, Feb 21 (Bernama-AsiaNet) --

Mandom Corp., Osaka City, held a ceremony in Tokyo on January 28, 2017, to announce winners of the 11th GATSBY CREATIVE AWARDS, including the Greatest GATSBY Award, as part of an event to promote the company's flagship GATSBY brand.

Outline of the 11th GATSBY CREATIVE AWARDS

Launched in 2006, the GATSBY CREATIVE AWARDS event, now in its 11th year, has grown into one of Asia's largest video commercial competitions for students aspiring to be a professional video creator as well as entry-level students, focusing on GATSBY, the men's grooming brand from Mandom, as the subject for shooting.

http://mrem.bernama.com/viewsm.php?idm=28465

BROADSOFT IMPROVES ENTERPRISE MOBILITY WITH ARTIFICIAL INTELLIGENCE AND APPLE CALLKIT SUPPORT

BroadSoft continues to pioneer simple mobile-first communications by adding context through AI and enhancing user experience with Apple iOS CallKit support

GAITHERSBURG, Md., Feb 21 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global unified communication software as a service (UCaaS) leader, today announced two significant enhancements to its bMobile advanced mobility solution: Artificial intelligence capabilities and Apple CallKit support for BroadSoft Business UC-One mobile apps that provide business users with a superior mobile user experience over any device, network or location and unlocks new revenue opportunities for Mobile Operators.

A recent BroadSoft survey shows that 89% of respondents believe that native mobile integration is an important requirement for mobile solutions. The enhanced capabilities of BroadSoft bMobile enable companies to reorient their business around mobility, while allowing service providers and mobile operators to maximize LTE investments and capture new opportunities by delivering revenue generating mobile-first business unified communications capabilities.

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NIKE UNVEILS COLLECTION TO CELEBRATE AIR MAX DAY, HIGHLIGHTED BY RELEASE OF NIKE AIR VAPORMAX

BEAVERTON, Ore., Feb 21 (Bernama-BUSINESS WIRE) -- Three years ago Nike launched Air Max Day, a response to global fervor for one of the most beloved footwear platforms of all time. Today, Nike begins a journey to this year's Air Max Day, a worldwide celebration of Air highlighted by the long-awaited release of Nike Air VaporMax.

Nike will celebrate Air Max Day on March 26 by marking the 30th anniversary of the Air Max 1, the shoe that pushed footwear to unprecedented heights with new cushioning style and performance features. Throughout March, Nike will release a mix of retros, remixes and innovations. This fresh line-up of Air, including the highly anticipated Nike Air VaporMax, represents the latest chapter of Nike's longstanding commitment to serve athletes. The new product delivers on what consumers want, by transforming the athletic footwear landscape with the most powerful and resilient underfoot platform yet.

http://mrem.bernama.com/viewsm.php?idm=28459

RedHill Biopharma Completes Treatment of Last Patient in BEKINDA® Phase III Study for Acute Gastroenteritis

TEL-AVIV, Israel, Feb 22 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced that the last patient enrolled in the Phase III study with BEKINDA^® 24 mg for the treatment of acute gastroenteritis and gastritis (the GUARD study) has completed the treatment course and observation period for the primary endpoint evaluation.

The randomized, double-blind, placebo-controlled Phase III GUARD study with BEKINDA^® 24 mg is being conducted in 29 U.S. clinical sites and has treated 320 adults and children over the age of 12 with gastroenteritis and gastritis. Top-line results are expected in the second quarter of 2017.

Source : RedHill Biopharma Ltd.

PHOENIX SOLAR PUMPS RENEWABLE ENERGY INTO IKEA STORE

• 1 MWp solar rooftop system for IKEA Tampines in Singapore
• Non-exclusive regional framework agreement between Phoenix Solar and IKEA Southeast Asia 

SINGAPORE & SULZEMOOS, Germany, Feb 21 (Bernama-BUSINESS WIRE) -- Singapore’s Phoenix Solar Pte Ltd has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA Tampines. The system is expected to generate 1.3 million kilowatt hours per year – enough renewable energy to power the equivalent of 283 four-room HDB flats. IKEA expects to trim an estimated $2.4 million from the store’s electrical bills over the next ten years.

http://mrem.bernama.com/viewsm.php?idm=28468

SOLARWINDS UNVEILS THE NEXT GENERATION OF IT TROUBLESHOOTING AT CISCO LIVE EMEA 2017

The PerfStack dashboard, the latest innovation from the global market leader in network management software, enables IT administrators to identify, isolate, and troubleshoot performance problems in ways never before possible

SYDNEY, Australia, Feb 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today at Cisco Live&3174; EMEA 2017 unveiled its PerfStack&38482; dashboard, an entirely new way of visualising and correlating IT monitoring data to improve troubleshooting of performance issues across the IT environment, from infrastructure to applications. A significant update to the SolarWinds&3174; Orion™ platform, PerfStack is a new, highly customisable yet simple-to-build dashboard. It allows IT administrators to selectively drag and drop critical real-time and historical metrics from SolarWinds Orion platform-based products into a single pane to visualise the relationship between suspect elements. This innovative visualisation enables them to identify, isolate, and troubleshoot performance problems in ways never before possible.

"With hybrid IT, software-defined networking, hyperconvergence, and any number of other disruptive trends impacting today's IT environments, complex, multi-faceted performance issues that often transcend functional silos are more common than ever," said Christoph Pfister, executive vice president, products, SolarWinds. "In turn, troubleshooting to resolve these problems is growing increasingly difficult. Enter PerfStack. We're excited to show Cisco Live attendees how PerfStack, along with our complete portfolio of market-leading products, can help them break down the walls between functional roles, eliminate finger pointing, and solve performance problems faster. It is the next generation of IT troubleshooting."

http://mrem.bernama.com/viewsm.php?idm=28457

A.M. BEST AFFIRMS CREDIT RATINGS OF ECICS LIMITED

SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of ECICS Limited (ECICS) (Singapore). The outlook of these Credit Ratings (ratings) is negative.

The rating affirmations reflect ECICS' strong balance sheet, underpinned by low underwriting leverage and a prudent investment portfolio.

http://mrem.bernama.com/viewsm.php?idm=28450

MCNS ESTABLISHES SYSTEM HOUSE IN INDIA

Accelerating global competitiveness and strengthening of Polyurethane system businesses

TOKYO, Feb 21 (Bernama-BUSINESS WIRE) -- Mitsui Chemicals & SKC Polyurethanes Co., Ltd. (Co-CEO: Ki Don Won, Shingo Shibata; a 50:50 joint venture of Mitsui Chemicals, Inc. and SKC Co., Ltd.; “MCNS”) has decided to establish a manufacturing and sales company of polyurethane system products (System house*) in Andhra Pradesh in Southern India to meet an anticipated increase in polyurethane demand.

http://mrem.bernama.com/viewsm.php?idm=28464

KEIO PLAZA HOTEL TOKYO HOSTS MT. FUJI ART EXHIBITION, FEATURING ITCHIKU'S MT. FUJI KIMONO MASTERPIECES

TOKYO, Feb 21 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, will host its annual spring art exhibition in theme of “Mt. Fuji,” which was registered as a World Heritage Site in 2013. This year, various kimono artwork of renowned artist Itchiku Kubota, who revived the Tsujigahana tie-dyeing technique of the Muromachi period (1338-1573), will be exhibited. In addition, items from his collection of ancient glass bead will be displayed. This exhibition, held from March 28 to April 30, will be free of charge to all visitors.

 

http://mrem.bernama.com/viewsm.php?idm=28460

JOINT STATEMENT FROM UNILEVER PLC AND UNILEVER N.V. ("UNILEVER") AND THE KRAFT HEINZ COMPANY ("KRAFT HEINZ")

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

PITTSBURGH & CHICAGO, Feb 20 (Bernama-BUSINESS WIRE) -- Unilever and Kraft Heinz hereby announce that Kraft Heinz has amicably agreed to withdraw its proposal for a combination of the two companies.

Unilever and Kraft Heinz hold each other in high regard. Kraft Heinz has the utmost respect for the culture, strategy and leadership of Unilever.

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A.M. BEST PLACES CREDIT RATINGS OF TOWER INSURANCE LIMITED AND TOWER LIMITED UNDER REVIEW WITH DEVELOPING IMPLICATIONS

SINGAPORE, Feb 17 (Bernama-BUSINESS WIRE) -- A.M. Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" of TOWER Insurance Limited (TIL). A.M. Best also has placed under review with developing implications the Long-Term ICR of "bbb-" of TIL's ultimate parent, TOWER Limited (TL). Both companies are domiciled in New Zealand.

The Credit Rating (rating) actions follow the announcement that TL and Fairfax Financial Holdings Limited (Fairfax) have entered into an agreement under which Fairfax will acquire 100% of TL shares at NZD 1.17 per share, for an aggregate purchase price of NZD 197 million.

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STRONG GROWTH PREDICTED FOR ASIA DATA CENTER MARKET

BroadGroup’s Datacloud Asia, Singapore, 23^rd February 2017 debates enterprise infrastructure opportunities in the region

 
LONDON & SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) -- BroadGroup, the international event company suggests in new research that the market in Asia continues to expand with growth in capacity and power availability across all countries over the next three years, included in the study. In countries such as Malaysia, growth could be as high as 36%. Outsourcing to third party data centers by companies local to the region is also expected to be sustained. The firm also points to Industry estimates which suggest that around 70 hyperscale data centers are planned for deployment in Asia over the next 3 years.

http://mrem.bernama.com/viewsm.php?idm=28452

KEEPING CHILDREN SAFE ONLINE IS EVERYONE'S RESPONSIBILITY

PUTRAJAYA, Feb 17 (Bernama) -- Making the Internet a safer place for kids was the central theme of an industry dialogue on digital citizenship, as part of Safer Internet Day 2017 discussions. Attended by leading academics, local regulators and technology players and led by the Family Online Safety Institute (FOSI); the session was focused on the theme Be the Change: Unite for a Better Internet. The one-day event was hosted by Netflix, Inc, the world’s leading Internet television company, as part of its ongoing commitment towards fostering an engaged, safe and enabled online space for all.

Key among the discussions was the need for a culture of responsibility in a child’s life by every party, including government, law enforcement, industry representatives, educators and parents. 

“Online safety is everyone’s concern - from pre-schoolers to grandparents.  The Family Online Safety Institute brings a unique, international perspective to the potential risks, harms as well as the rewards of our online lives. This event is a valuable opportunity for us to share some of those insights and allows us to learn about local concerns and sensitivities. This in turn enriches all of the attendees and allows us to better formulate plans that work globally together, to protect children online,” said Stephen Balkam, Founder and CEO of the Family Online Safety Institute.
 
An international, non-profit organization headquartered in Washington, DC; FOSI’s mission is to make the online world safer for kids and their families. It’s members and supporters represent brands and minds from leading Internet and communications companies around the world. FOSI’s work encompasses public policy, industry best practice as well as good digital parenting.
 
“We find that there are common concerns and steps that can be taken around the world to better guide our children online. These include steps that acknowledge and mitigate potential harm that they could come to – while allowing them a rich and fulfilling online experience. But this only happens if everyone in a child’s life is working together,” added Balkam.
 
Aside from Balkam’s keynote speech, there was a panel discussion titled Unite for a Better Internet: Empowering Parents To Guide Connected Kids. The session was moderated by a representative from the Malaysian Communications and Multimedia Commission, with panel members from CyberSecurity Malaysia, UNICEF Malaysia, and Universiti Putra Malaysia.
 
“Empowering parents and childminders with information, tools and resources can go a long way toward ensuring children are safer and more responsible online which constitutes good digital parenting. We welcome and support multi-stakeholder initiatives that promote such practice.” K. Juslly Elis, Head of Department Outreach and Implementation, Advocacy and Outreach Division, Malaysian Communications and Multimedia Commission
 
“Netflix has a unique opportunity to be a part of Malaysia’s conversation on digital citizenship. Central to this conversation is how various stakeholders encourage empowered families to make wise decisions and to creatively explore the vast potential the Internet has to offer.” Kuek Yu-Chuang, Managing Director, APAC, Netflix.
 
The dialogue also covered cyber-security topics that touched on the greater awareness and management of content that is seen online and shared; who is able to contact children online; and protection against negative elements or behaviors like cyber-bullying. Other platforms like the Global Resource and Information Directory, alongside initiatives like Good Digital Parenting¹ were also called out as valuable resources to help everyone – especially parents – unite to be the change they want to see online.

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CITY FOOTBALL GROUP HELPS EMPLOYEES SCORE GOALS WITH SAP® SUCCESSFACTORS® SOLUTIONS

SOUTH SAN FRANCISCO, Calif., Feb 16 (Bernama-GLOBE NEWSWIRE) -- SAP SE (NYSE:SAP) today announced that City Football Group has implemented SAP® SuccessFactors® human capital management (HCM) solutions to help manage its growing international workforce. City Football Group, home to internationally renowned football clubs including Manchester City, New York City FC, Melbourne City FC and Yokohama F. Marinos, is working with SAP to increase operational efficiency and consistency across its global workforce to empower employees with self-service and collaboration tools to help enhance productivity and engagement.

"As an international sports brand with teams in multiple markets, ensuring that all of our employees feel invested in our overall success is a top priority for our organization," said Andy Young, CFO of City Football Group. "The implementation of SAP SuccessFactors solutions has helped us simplify and consolidate our HR processes. By giving employees the mobility and flexibility to access the system from anywhere and on any type of device, we can communicate and engage with our people all over the world in new and dynamic ways. We're committed to attracting, developing and retaining the best talent around the world, and having the right technology solutions is a critical part of achieving that."

http://mrem.bernama.com/viewsm.php?idm=28435

NOMURA RESEARCH INSTITUTE AWARDED "BEST UTILITIES TECHNOLOGY" AT 2017 FUND TECHNOLOGY AND WSL AWARDS

NEW YORK, Feb 16 (Bernama-BUSINESS WIRE) -- Nomura Research Institute (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, today announced its Valuable OTC Products and Liquidity Control System (VOLCS) has been awarded the Best Utilities Technology at the 2017 Fund Technology and WSL Awards.

http://mrem.bernama.com/viewsm.php?idm=28434

2020 & KAKAK TO BE STAGED ON 18 & 19 MARCH 2017

KUALA LUMPUR, Feb 16 (Bernama) -- MyCreative Ventures Sdn. Bhd. ("MyCreative") is pleased to announce that we will be hosting two-day stage performances featuring winners of Theatrix 2016 at Kuala Lumpur Performing Art Centre (klpac).

The two winners of Theatrix 2016, Tocatta Studio and PITaPAT Theatre, will be staging their performances, namely "2020" and "Kakak" respectively.

http://mrem.bernama.com/viewsm.php?idm=28436

TIME INC. PARTNERS WITH DESIGNSINGAPORE COUNCIL FOR INNOVATION BY DESIGN CONFERENCE DURING 2017 SINGAPORE DESIGN WEEK, MARCH 7-8

Event Will Feature Conversations with Design and Business Leaders Presented By Time Inc.'s Time, Fortune and Wallpaper* Brands

SINGAPORE, Feb 15 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE:TIME) is partnering with DesignSingapore Council for the Innovation By Design Conference during the fourth-annual Singapore Design Week (SDW). The two-day conference, which is the feature conference of SDW, will take place March 7 and 8 at the Hotel Fort Canning in Singapore and feature programming from Time Inc.'s Time, Fortune and Wallpaper* brands.

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UNISYS UNVEILS ELEVATE(TM) BY UNISYS, AN OMNICHANNEL DIGITAL BANKING PLATFORM DESIGNED FOR FINANCIAL INSTITUTIONS TO DELIVER INSTANTLY SECURE ANYTIME, ANYWHERE BANKING

SYDNEY, Australia, Feb 16 (Bernama-AsiaNet) --

New software-led solution allows banks to personalise and differentiate services for an improved customer experience

Unisys Corporation (http://www.unisys.com/) (NYSE: UIS) today announced the launch of Elevate(TM) by Unisys (http://www.unisys.com/elevate), an end-to-end, digital banking software platform and suite of applications designed to help financial institutions deliver an instantly secure, omnichannel banking experience to their customers. As a result, customers will be able to pay their bills on the go, transfer funds and apply for loans and mortgages anytime, anywhere – regardless of whether they are doing so on a mobile device or tablet, via an internet browser or inside a branch.

"Elevate will allow banks and building societies to deliver a secure, frictionless banking experience to their customers," said Eric Hutto, senior vice president and president, Enterprise Solutions, Unisys. "People increasingly want to bank in a manner that fits with their lifestyle, so having a secure, integrated digital banking platform will increase customer satisfaction and brand loyalty - by empowering today's digital customer."

http://mrem.bernama.com/viewsm.php?idm=28430

LUXURY AND WELLNESS REDEFINE THE FUTURE OF FASHION, SAYS EUROMONITOR

LONDON, Feb 14 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International presented new research at the press briefing 'What's next for athleisure and how luxury is stepping it up.' According to Euromonitor analysts, the growth in global wealth is underwriting luxury lifestyle and wellness trends, as consumer interest veers towards experiences rather than personal luxury goods.

Fflur Roberts, head of luxury goods at Euromonitor International comments, "The more global wealth grows, the more people will look for experiences. It’s very much about status as they want to show they care about their bodies and self-preservation, which is why more people are health conscious about what they do, eat and wear."

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A.M. BEST WITHDRAWS CREDIT RATINGS OF NEW ZEALAND LOCAL GOVERNMENT INSURANCE CORPORATION LIMITED

SINGAPORE, Feb 14 (Bernama-BUSINESS WIRE) -- A.M. Best has withdrawn the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of "bbb-" of New Zealand Local Government Insurance Corporation Limited (New Zealand), also known as Civic Assurance (Civic).

http://mrem.bernama.com/viewsm.php?idm=28420

SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES YEAR-END RESERVES UPDATE

DENVER, Feb 13 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, is pleased to announce its proved reserves as December 31, 2016. Sundance’s estimated proved reserves were prepared by Ryder Scott Company, L.P.

http://mrem.bernama.com/viewsm.php?idm=28417

BIOLINE LAUNCHES NEW JETSEQ™ DNA LIBRARY PREPARATION KITS

CINCINNATI, Feb 10 (Bernama-GLOBE NEWSWIRE) -- Bioline, The PCR Company, a wholly-owned subsidiary of Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced the expansion of the JetSeq™ DNA Library Preparation portfolio for Next Generation Sequencing (NGS) sample preparation.

Developed in collaboration with Oxford Gene Technology (OGT), the new JetSeq™ DNA Library Preparation Kits use pre-optimized buffers to provide maximum reaction efficiency and highest conversion rates, enabling the preparation of the highest quality NGS sequencing-ready, adapter-ligated DNA for Illumina's Next Generation Sequencers. A combination of end repair and A-tailing followed by direct ligation of customer supplied adapters, reduces clean-up steps and hands-on time; significantly improving the yield and quality of sequence-ready libraries, reducing the amount of DNA required. The new kits are supplied either with polymerase, for PCR amplification with lower starting material, or PCR-free kit where starting material is not limited.

http://mrem.bernama.com/viewsm.php?idm=28414

TECHTARGET EXPANDS PRIORITY ENGINE COVERAGE TO DELIVER PURCHASE INTENT INSIGHT TO ASIA PACIFIC-FOCUSED B2B TECH MARKETING AND SALES TEAMS

Intent-driven platform now available in ANZ, ASEAN and India

NEWTON, Mass., Feb 10 (Bernama-BUSINESS WIRE) -- Purchase intent-driven marketing and sales services company TechTarget, Inc. (Nasdaq: TTGT) today announced that its Priority Engine platform now supports APAC-focused marketing and sales teams. The data and marketing analytics offering ranks accounts based on their purchase behavior around specific enterprise technologies and delivers precise contact information on prospects actively researching enterprise technology purchases across TechTarget's extensive network of more than 140 technology-specific editorial sites. New data subscriptions are now available for ASEAN countries, Australia, New Zealand and India that offer dramatic effectiveness benefits for account-based marketing (ABM), broad-based demand generation and related sales and marketing efforts to global and regional B2B technology vendors alike.

"This new release of Priority Engine gives APAC-focused marketers, whether they are in-region or centralized, a new source of high quality contact insight at a great cost-per-contact together with the real data-driven insight at the account level that successful ABM efforts require," said Bill Crowley, TechTarget senior vice president, international. "The offering is achieving remarkable success with our North American and EMEA-focused marketers, so we are especially glad to now get this into the hands of APAC-focused teams."

http://mrem.bernama.com/viewsm.php?idm=28410

XURA TO CHANGE COMPANY NAME TO MAVENIR SYSTEMS UPON COMPLETION OF MITEL MOBILE ACQUISITION

Mavenir brand to be showcased at Mobile World Congress 2017

WAKEFIELD, Mass., Feb 8 (Bernama-GLOBE NEWSWIRE) -- Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”) (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions the new combined company name will be Mavenir Systems, Inc. (“Mavenir Systems” or “Mavenir”). Affiliates of Xura completed the previously announced acquisition of Ranzure Networks on February 1, 2017. The acquisition of Mitel Mobile by affiliates of Xura remains subject to customary closing conditions and is expected to close in the first quarter of 2017.

Xura’s CEO, Pardeep Kohli, formerly CEO of Mitel Mobile’s predecessor (also named Mavenir Systems) and Co-Founder and CEO of Ranzure Networks, will lead the new company under the reactivated Mavenir name.

http://mrem.bernama.com/viewsm.php?idm=28407

ISETAN THE JAPAN STORE KUALA LUMPUR, LAUNCHED LAST AUTUMN, SET TO OPEN AUTHENTIC JAPANESE RESTAURANTS ON FEBRUARY 17, 2017

TOKYO, Feb 10 (Bernama-AsiaNet) --

- Store Specializing in Outstanding Japanese Products, Ideas and Services -

"ISETAN The Japan Store Kuala Lumpur," the world's first Japanese lifestyle specialty store launched in Malaysia by Isetan Mitsukoshi Holdings Ltd. last autumn, is set to open five authentic Japanese restaurants at 11 a.m. on February 17, 2017.

The store was opened in collaboration with Cool Japan Fund on October 27, 2016. To cater for the increasing global interest in Japan, the store brings products and services that represent Japan's way of living to overseas customers. This store aims to be a go-to center, exposing people abroad to all aspects of Japan's rich history, culture, technology and diversity. ISETAN wishes to inspire the daily lives of its customers, starting with Malaysia before expanding its wings to other countries.

http://mrem.bernama.com/viewsm.php?idm=28415

TOURICO HOLIDAYS JOINS HOTELBEDS GROUP1

PALMA, Spain, Feb 10 (BUSINESS WIRE) -- Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced today plans for Tourico Holidays to merge with its Bedbank business unit.

 

Commenting on the news, Joan Vilà, Executive Chairman of Hotelbeds Group said: “With the backing of Cinven and CPPIB we are entering the next phase of our development since becoming an independent company back in September.

 

“Therefore it gives me great pleasure to announce that Tourico Holidays will join Hotelbeds Group. Tourico Holidays has a well-deserved reputation for excellence and innovation that I have respected for many years. I look forward to working with its experienced leadership team.

 

Source: Hotelbeds Group

View this news release and multimedia online at:
http://www.businesswire.com/news/home/20170207006641/en

TOSHIBA LAUNCHES 8TB HDD FOR NAS APPLICATIONS

TOKYO, Feb 8 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of a new line-up of HDDs, "MN Series", for network attached storage (NAS) applications. Shipments start from today.

The new "MN Series" HDD line-up delivers up to 8TB[1] capacity in a 3.5-inch[2] form factor with a SATA interface. The drives are designed for 24/7 power-on operation and have a rated annual workload of 180TB[3] transferred. They feature rotational vibration compensation technology and are suitable for use in home NAS and small office/home office (SOHO) NAS applications. The drives also have an 128MiB[4] buffer, and the 8TB model achieves a data transfer rate of 230 MiB/s[5].

http://mrem.bernama.com/viewsm.php?idm=28404

SPRINGFIELD LAND CORPORATION, AND CHINESE COMPANIES R&F PROPERTIES AND ETONE PARTNER TO DELIVER MAJOR APARTMENT DEVELOPMENT PROJECT WITH AN END VALUE OF AUD$6.3 BILLION

BRISBANE, Feb 8 (Bernama-AsiaNet) -- Springfield Land Corporation (SLC), the multi-award winning city developer of Greater Springfield, is pleased to announce that it has signed a development agreement with Chinese development and investment groups Guangzhou R&F Properties Co., Limited (R&F Properties) and Etone Australia Holdings (Etone) to deliver a major medium-to-high density apartment project. The significant residential development, to be known as Central Gardens, is located adjacent to the rail station and transit hub in the heart of Greater Springfield and will comprise approximately 10,000 apartments plus ancillary commercial and retail space. The estimated end value is more than $6 billion.

http://mrem.bernama.com/viewsm.php?idm=28405

COVISINT LAUNCHES THE MOST COMPLETE IOT PLATFORM FOR ENABLING DIGITAL TRANSFORMATION

DETROIT, Feb 7 (Bernama-GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) today announced the availability of the market's most complete IoT Platform for unlocking the full potential of IoT by enabling secure interactions across digital ecosystems of people, systems and things. The Covisint IoT Platform is particularly suited for global enterprises and technology partner organizations interested in strengthening their digital transformation initiatives and practices, as well as independent software vendors and end-customers seeking a highly-scalable, highly-secure open platform for development of enterprise IoT solutions.

http://mrem.bernama.com/viewsm.php?idm=28397

ASCENTIAL PLC TO ACQUIRE MEDIALINK

LONDON, Feb 8 (Bernama-BUSINESS WIRE) -- Ascential plc, the global business-to-business media company listed on the London Stock Exchange, today announced that it has agreed to acquire 100% of MediaLink, a U.S.-based advisory and business services firm.

A private company, MediaLink is a business that drives competitive advantage through advisory business services for a wide range of companies spanning early stage to established global entities across the media, marketing, advertising, entertainment and technology industries.

http://mrem.bernama.com/viewsm.php?idm=28402

​MERIDIAN BIOSCIENCE ANNOUNCES THE LAUNCH OF TRUQUICK(TM) RAPID TESTS FOR ASIA PACIFIC

CINCINNATI, Feb 6  (Bernama-GLOBE NEWSWIRE) -- Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced the launch of TruQuick™, a comprehensive point-of-care product menu of rapid tests for the diagnosis of tropical, infectious, sexually transmitted, respiratory, gastrointestinal, cancer, and cardiac diseases. This product menu will enable Meridian to rapidly expand its product portfolio of high value rapid tests for its commercial operations in Asia Pacific and other emerging markets around the world. TruQuick™ is a qualitative lateral flow chromatographic immunoassay menu of over 60 products. TruQuick™ rapid tests can aid in the diagnosis of infectious pathogens and other important acute diseases in 10 to 20 minutes with high levels of accuracy and speed to results. Meridian understands the clinical testing requirements in Asia and other emerging markets for speed, sensitivity, specificity, and breadth of product line.  http://mrem.bernama.com/viewsm.php?idm=28387

FLIGHT RESEARCH, INC. COMPLETES WORLD'S FIRST SUPERSONIC CIVILIAN UPSET RECOGNITION AND RECOVERY TRAINING COURSE

The Flight Research Upset Recognition and Recovery Training combats the number one cause of worldwide fatal aircraft accidents; Flight Research, Inc. is the only provider of URRT in supersonic aircraft for professional pilots

MOJAVE, Calif., Feb 7 (Bernama-GLOBE NEWSWIRE) -- Flight Research instructor and former NASA astronaut Billy Oefelien just gave a certificate of completion to the first ever civilian professional pilot to complete upset training in supersonic flight. Oefelien says, "It is a wonderful experience to train pilots to this ultimate level of competence and prepare them to save lives through this course."

http://mrem.bernama.com/viewsm.php?idm=28395

QUALCOMM AND TDK ANNOUNCE LAUNCH OF JOINT VENTURE

— RF360 Holdings to Enable Delivery of RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices, automotive and IoT —

 
SAN DIEGO & TOKYO, Feb 6 (Bernama-BUSINESS WIRE) -- Qualcomm Incorporated (NASDAQ:QCOM) and TDK Corporation (TOKYO:6762) today announced the completion of the previously announced joint venture under the name RF360 Holdings Singapore PTE. Ltd. (RF360 Holdings). The joint venture will enable Qualcomm’s RFFE Business Unit to deliver RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), automotive applications, connected computing, and more. The business being transferred constitutes a part of the TDK SAW Business Group activities.

http://mrem.bernama.com/viewsm.php?idm=28385

THE NATIONAL MUSEUM OF MODERN ART, TOKYO, SITUATED NEAR IMPERIAL PALACE, INTRODUCING 20TH-CENTURY JAPANESE ART

TOKYO, Feb 6 (Bernama) -- 

The National Museum of Modern Art, Tokyo, Japan's first national art museum, will display various masterpieces at its spring exhibitions in 2017, including KAWAI Gyokudo's "Parting Spring" designated as an Important Cultural Property, and other paintings of cherry blossoms. (Photo: http://prw.kyodonews.jp/opn/release/201702038461/) The museum is conveniently located for those visiting the Imperial Palace, and a must-see place particularly in spring when cherry blossoms are in full bloom. You can view Japanese paintings acclaimed as masterpieces along with cherry blossoms, thereby enjoying Japan's graceful spring. http://mrem.bernama.com/viewsm.php?idm=28390

UCAAS ADOPTION SURGES AS ENTERPRISES EMBRACE CLOUD, ACCORDING TO 2ND ANNUAL BROADSOFT GLOBAL BUSINESS SURVEY

More than half of businesses are expected to adopt cloud unified communications by 2020; survey of global telecom providers also points to accelerated adoption of cloud contact center and team collaboration services

GAITHERSBURG, Md., Feb 6 (Bernama-GLOBE NEWSWIRE) -- More than half (51%) of businesses are expected to adopt cloud Unified Communications (UCaaS/Hosted PBX) by 2020, surpassing premise-based PBX as businesses of all sizes shift to the cloud for unified communications, team collaboration and contact center services, according to the 2nd Annual BroadSoft, Inc. (NASDAQ:BSFT) survey of global telecom providers and industry leaders.

http://mrem.bernama.com/viewsm.php?idm=28391

A.M. BEST AFFIRMS CREDIT RATINGS OF PINNACLE LIFE LIMITED

SINGAPORE, Feb 3 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

 

The ratings reflect Pinnacle Life’s low product risk profile, direct distribution capabilities and a lapse ratio consistently below the market average.

Pinnacle Life mainly underwrites simple life insurance in New Zealand’s term life market, relying primarily on the direct-to-consumer channel. In addition, the company continues to hold a stable market position in its targeted market. 

http://mrem.bernama.com/viewsm.php?idm=28380

Long Awaited Rooster Baby Arrives After 13 Years

SUBANG JAYA, Jan 31 (Bernama) -- Sunway Medical Centre (SunMed) celebrated the birth of their first rooster baby for 2017 with a little surprise for little Mia Kong and her parents.

The SunMed team alongside Elfy, welcomed baby Mia with a gift.

Evonne Hooi, 32 and her husband Nicholas Kong, 36, have been married for 13 years.

We have been trying for years, even through in-vitro fertilisation, but nothing worked out for us. I guess God was waiting to send us our perfect Mia this Chinese New Year, said a beaming Evonne.

They called her, their little miracle baby , after being childless for more than a decade. Mia was born weighing 2.82 kg on the first day of the Lunar New Year.

-- BERNAMA

NASDAQ REPORTS FOURTH QUARTER 2016 WITH RECORD REVENUES(1); ANNOUNCES SEGMENT REALIGNMENT AND REBRANDING OF FIXED INCOME

-Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year.  Subscription and recurring revenues² in the fourth quarter of 2016 represented 75% of total net revenues.  

-Revenues in non-trading segments³ in the fourth quarter of 2016 grew 11%, including organic revenue growth of 5%⁴.
-At December 31, 2016, the company achieved $38 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.
-Fourth quarter GAAP 2016 diluted loss per share was $1.35.  Non-GAAP diluted EPS was $0.95.  GAAP diluted EPS declined $2.23 from the fourth quarter of 2015, while non-GAAP diluted EPS increased $0.06, or 7%.
-Non-GAAP results exclude $646 million in pre-tax charges primarily related to the write-off of the eSpeed trade name.
-Nasdaq realigned reporting segments to better reflect client orientation.  A new Corporate Services segment incorporates Listing Services and Corporate Solutions while Market Technology is now a stand-alone segment.

NEW YORK, Feb 2 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the fourth quarter of 2016.  Fourth quarter net revenues were $599 million, up $63 million or 12% from $536 million in the prior year period, driven primarily by a $54 million positive impact from acquisitions.  Organic growth in non-trading segments was 5%⁴ as compared to the fourth quarter of 2015. 

http://mrem.bernama.com/viewsm.php?idm=28377