FINANCE & ECONOMY

PMI’s Mission Winnow Goes Full Throttle with Ducati Corse for 2019 MotoGP™January 19, 2019

(AETOS Wire) -- Philip Morris International Inc. (PMI) (NYSE: PM) is pleased to announce that its Mission Winnow initiative is expanding in 2019 to include the Ducati Corse racing team.

Mission Winnow is a PMI-led campaign to raise global awareness of our passion and determination to constantly improve and evolve, as well as highlight the power of science, technology and innovation to build a better future.

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MSCI Schedules Investor Conference Call to Review Fourth Quarter and Full Year 2018 Results January 18, 2019

(AETOS Wire)-- MSCI Inc. (NYSE:MSCI), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, today announced it will release its results for the fourth quarter and full year 2018 on Thursday, January 31, 2019.

MSCI's senior management will review the fourth quarter and full year 2018 results on Thursday, January 31, 2019 at 11:00 AM Eastern Time."...

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AGCO Focuses on Animal Welfare January 18, 2019

(AETOS Wire)-- AGCO (NYSE: AGCO), a global leader in manufacturing and the distribution of agricultural equipment and solutions, today hosted its annual AGCO Berlin Summit. The international industry event aims to bring together decision-makers in politics, economy and society to share their experiences and discuss the future of the agricultural industry. Today’s ‘Feeding the World - The Future for Protein’ summit was focused on aspects of animal welfare in the context"...

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XYO Partners with Telematics Leader DRVR to Make Pan-Asia Vehicle Fleets Smartest and Most Cost-Efficient GloballyJanuary 18, 2019

(AETOS Wire)-- XYO, the technology that bridges blockchain to the physical world, today announced a partnership with top Asian vehicle fleet analytics and management leader DRVR. The partnership and subsequent deployment of XYO-backed Sentinels are expected to leverage location-based data to improve the company’s analytics insights and overall vehicle management. As a prominent Telematics and fleet management brand in Asia, DRVR (pronounced driver) is a solution provider serving companies managing vehicle fleets, as well as vehicle manufacturers directly. DRVR uniquely combines vehicle and fleet monitoring and data analytics, and is helping to transform the way vehicles and related services are organized and managed. The company was founded to connect the transport networks of Asia and is on track to become Southeast Asia’s leading IoT analytics platform. With business across many nations in the region and thousands of miles, DRVR offers fleet-management solutions to customers in Thailand, Hong Kong, Indonesia, the Philippines and Myanmar, and expects to......

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Visa Champions Female Entrepreneurs in 2019January 18, 2019

(AETOS Wire)-- As part of its ongoing commitment to support female entrepreneurs, Visa (NYSE: V) is launching a global initiative – She’s Next, Empowered by Visa – to encourage women small business owners as they build, sustain and advance their businesses.

The global rate of female entrepreneurship has been increasing more quickly than that of male entrepreneurs,1 with more than 163 million"...

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Lowered sales tax on commodities draw mixed reactionsJanuary 17, 2019

AMMAN — The government's recent decision to reduce sales tax on 61 commodities has drawn mixed reactions, with critics describing it as “ineffective” as it does not include most essential items, experts said.

Last Wednesday, the Cabinet decided to slash the general sales tax on 61 commodities down to 4 per cent from 10 and 16 per cent.

A statement"...

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CSC Extends Fund Administration Reach into Asia PacificJanuary 17, 2019

CSC has extended their private equity and real estate fund administration services into Asia.

Third-party oversight of private equity and real estate funds is increasing due to the growing demand from investors for greater transparency and help navigating the regulatory requirements in this dynamic landscape.

“A number of factors are creating opportunities in the"...

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Teradata Appoints Oliver Ratzesberger President and CEOJanuary 16, 2019

Teradata (NYSE: TDC), the industry’s only pervasive data intelligence company, today announced that its Board of Directors has appointed Oliver Ratzesberger President and Chief Executive Officer (CEO), effective immediately. Ratzesberger succeeds Victor L. Lund, who is transitioning from his role as President and CEO to Executive Chairman of the Board of Directors. Ratzesberger has served as Teradata’s Chief Operating Officer (COO) since February 2018, responsible for the Company’s global operations and leading its strategies for go-to-market, products and services. He joined Teradata in 2013 and, from 2016 to 2018, served as the Company’s Executive Vice President and Chief Product Officer, leading Teradata’s research and development organization, following a distinguished career in advancing innovation in technology at both established and start-up companies. While COO, Ratzesberger worked alongside Lund in architecting and implementing the Company’s transformation. This appointment reflects the Board’s confidence in Ratzesberger......

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Best’s Special Report: Cash Collection Remains Problematic for Insurers in the United Arab EmiratesJanuary 16, 2019

The challenges faced by insurers in the United Arab Emirates (UAE) in relation to insurance debtors can apply additional pressure on already distressed technical margins, according to a new report by AM Best.

In the Best’s Special Report, titled, “Cash Collection Remains Problematic for Insurers in the United Arab Emirates,” AM Best notes that while average insurance debtor days for listed UAE-national insurers has showed an improving"...

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Jam City Announces $145 Million in Strategic Financing to Fuel Consolidation and Growth InitiativesJanuary 16, 2019

Jam City, Inc., a leader in mobile entertainment, today announced $145 million in strategic financing jointly led by JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch, and a syndicate of lenders including Silicon Valley Bank, SunTrust Bank and CIT Bank, N.A. The financing will support Jam City’s acquisitions and global growth initiatives. Today’s announcement follows Jam City’s recent multi-year game development deal with Disney"...

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