Business Announcements News and Press Releases

Business Announcements

Releases published in the last 30 days.

Page 1 of 9

Lenovo Accelerates Turnaround With Back-to-Back, Double-Digit Quarterly Revenue Growth: 8/16/2018 11:56:49 AM; • Quarterly performance continues to validate Lenovo’s strategy with Q1 revenue up 19% YOY to US$11.91 billion; second consecutive, double-digit quarterly growth and profitability improvement across all business units • Q1 PTI continues strong momentum, growing to US$113 million, up US$182 million from last year’s Q1, and up US$76 million sequentially • Q1 profit …
Three rating agencies upgrade LANXESS: 8/15/2018 12:30:51 PM; Within a few days, the three rating agencies Standard & Poor’s (S&P Global), Scope Ratings and Moody’s have upgraded the credit rating of specialty chemicals company LANXESS by one notch each.
Bombardier Transportation Announces New Managing Director for Australia: 8/15/2018 11:59:27 AM; Rail technology leader Bombardier Transportation has announced senior rail industry leader, Paul Brown, as the new managing director for their operations in Australia (ad interim).
TerraForm Power, Inc. Selects GE Renewable Energy For New Digital Services Agreement: 8/14/2018 10:56:23 AM; Today TerraForm Power, Inc. (“TerraForm”) announced that GE Renewable Energy has been selected to provide a range of services for its North American wind fleet, one of the region’s largest with more than 900 turbines.
Robert Townsend to Join SoftBank Group as Chief Legal Officer and Senior Vice President: 8/14/2018 10:09:34 AM; SoftBank Group Corp. (“SoftBank”) today announced that Robert Townsend, current co-chair of Morrison & Foerster’s Global M&A Practice Group, will join SoftBank as Chief Legal Officer and Senior Vice President of SoftBank, and Chief Legal Officer of SoftBank Group International, effective September 17, 2018.
Lumileds Wins Jury Verdict of Liability for Intellectual Property Theft Against Elec-Tech International Co., Ltd., Donglei Wang, and Gangyi Chen: 8/14/2018 9:14:04 AM; On August 10, 2018, a jury of six men and six women rendered a verdict in favor of one the world’s leading LED companies, Lumileds LLC, based in San Jose, finding that a Chinese competitor stole trade secrets related to Lumileds core technology for making high power LEDs used in flash phones, automotive headlights, and general illumination.
Rwanda Civil Aviation Authority Recognizes IATA’s Airline Safety Audit Program: 8/14/2018 9:10:35 AM; The International Air Transport Association (IATA) and the Rwanda Civil Aviation Authority (CAA) signed a Memorandum of Understanding (MoU) to partner for the improvement of aviation safety.
Ford-Owned Autonomic Partners with Alibaba Cloud to Deliver Enhanced Mobility Experiences for Chinese Consumers; Partnership Marks Launch of Autonomic in China: 8/14/2018 4:10:17 AM; • Autonomic, a wholly owned subsidiary of Ford Smart Mobility LLC, and Alibaba Cloud, signed a MOU today to bring to China the Transportation Mobility Cloud (TMC), an open, cloud-based platform developed by Autonomic for connected cars • Enabled by Alibaba Cloud in China, the TMC will also provide standardized data and infrastructure for developers to help them deliver …
Dongfeng Motor Green Plan includes 20 electrified models by 2022: 8/13/2018 1:37:22 PM; Dongfeng Motor Company Limited (DFL), one of the largest and most diversified joint venture automakers in China, announced that it will accelerate the " Green 2022 Plan " rollout with a focus on green products, production and materials reuse.
Accenture Forms Strategic Alliance, Invests in Chinese AI Start-up Malong Technologies: 8/13/2018 12:23:27 PM; Accenture (NYSE: ACN) has formed a strategic alliance with and made a minority investment in Malong Technologies, an artificial intelligence (AI) start-up headquartered in Shenzhen, China.
WHO Publishes Safety Guidelines to Protect Workers from Exposure to Manufactured Nanomaterials: 8/13/2018 11:50:37 AM; This past December, the World Health Organization (WHO) published Guidelines on Protecting Workers from Potential Risks of Manufactured Nanomaterials.
Infineon and JD sign strategic partnership agreement, joining efforts to build smart IoT ecosystem: 8/13/2018 11:18:51 AM; Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and JD group (JD) have signed a strategic partnership agreement aimed at creating an efficient and secured smart IoT (Internet of Things) ecosystem accelerating towards the vision of smart life.
Qualcomm and Taiwan Fair Trade Commission Reach Settlement: 8/10/2018 8:32:48 AM; Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached a mutually agreed settlement with the Taiwan Fair Trade Commission (TFTC) resolving the TFTC’s investigation of Qualcomm and Qualcomm’s litigation challenging the TFTC’s decision alleging violations of Taiwan’s Fair Trade Act.
Thales further extends the acceptance period of the offer for Gemalto: 8/10/2018 8:25:02 AM; Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”), the publication of the Offer Document, and the joint press release of Thales and Gemalto dated 1 …
Aeroflot adds more flights to Dubai: 8/10/2018 8:01:03 AM; Aeroflot is increasing flight frequencies between Moscow and Dubai. From 29 October 2018 the Russian flag carrier will introduce new flights from Moscow’s Sheremetyevo airport to Dubai’s Al Maktoum airport (DWC).
Startup Entrepreneurs Learn How Mentoring Fuels Small Business Growth: 8/9/2018 4:58:33 PM; Barbara Rozgonyi was reaching 400% of sales quotas as a corporate trainer when she woke up all alone on her first Mother’s Day in a hotel room in St.
GiveCentral Launches a New Website With Even More Upgraded Features: 8/9/2018 1:07:35 PM; “GiveCentral’s mission for nonprofits is to enhance everyday. With donor’s wisdom and experience we improve everyday to increase giving for you.It’s not only about making it easier for you, but also for your donors.
Results of Tender Offer by SoftBank Corp. for Shares of Yahoo Japan Corporation (Securities Code: 4689): 8/9/2018 4:31:19 AM; SoftBank Corp., a subsidiary of SoftBank Group Corp. (“SBG”), implemented a tender offer to acquire the common shares of Yahoo Japan Corporation, a subsidiary of the Company, from July 11, 2018 (the “Tender Offer”) as announced on July 10, 2018 (“Commencement of Tender Offer by SoftBank Corp.
DSM discloses patent suit against Anhui Tiger in China for patent infringement: 8/8/2018 2:24:50 PM; Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, discloses that it is pursuing a patent infringement law suit in China against a competitor for misappropriation of intellectual property pertaining to the production of a key ingredient of Biotin (also known as Vitamin B7 or Vitamin H).
SAP Named a Leader in “Services Providers for Next-Generation SAP Products” in Report by Independent Research Firm: 8/8/2018 1:37:06 PM; SAP SE (NYSE: SAP) today announced that it was ranked by Forrester Research Inc. as a leader in its report “The Forrester Wave™: Services Providers for Next-Generation SAP Products, Q2 2018.” The report cites the SAP Digital Business Services organization for providing unique product expertise and a massive scale of experience with next-generation SAP products.