LAUSANNE, Switzerland - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Galderma today announced that it has initiated clinical development of a novel muscle relaxant, based on an advanced formulation of botulinum toxin, with the first cohort of patients already treated in the initial clinical study.

"Muscle relaxants are a key medical solution aesthetic physicians can use to create balanced and optimal results for their patients. We aim to strengthen our portfolio with a new and proprietary muscle relaxant in territories where Galderma does not have access to Azzalure/Dysport, such as North America” commented Humberto C. Antunes, President and CEO of Galderma. "We look forward to rapidly advancing this innovative product in countries where we do not currently promote Azzalure or Dysport in aesthetics.”

The first study is expected to be completed in a short period of time, with a second study planned to begin before the end of the year.

According to ... Read more »

São Paulo, Incheon and Mumbai Expected to See Greatest Surge in Competitiveness; North American and Western European Cities Continue to Top List

NEW YORK - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- A new Economist Intelligence Unit (EIU) research report, "Hot Spots 2025: Benchmarking the Future Competitiveness of Cities,” commissioned by Citi, projects that São Paulo, Incheon and Mumbai will see the greatest surge in global competitiveness between 2012 and 2025. Released today at the New Cities Summit in São Paulo, the report forecasts the competitiveness of 120 cities in 2025 based on their projected ability to attract capital, business, talent and tourists.

"Around the world, cities continue to evolve as the centers of innovation and engines of economic growth," said Citi CEO Michael Corbat. "Core to Citi's strategy is a focus on the 150 cities we believe will shape the world in the years ahead. The Citi-commissioned EIU research will enhance unde ... Read more »

MANILA, Philippines - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- On May 13, in only 10 hours, 766,672,141 votes were cast in the Philippines to elect 18,022 national and local officials during their 2013 midterm elections.

Smartmatic, world leader in elections automation, provided technology and services to the Filipino Commission on Elections, thus playing a vital role to the success of the process. Thanks to the efficient e-counting machines that captured the voters' intent, and the secure transmission of data to tallying centers, reliable and legitimate results were made available to the public via internet.

"We are proud to have reciprocated with efficiency and transparency the trust bestowed upon us by the Filipinos. After two successful national elections, thousands of candidates elected, and 1.5 billion of votes counted, our commitment toward better elections in the Philippines is stronger than ever", said Antonio Mugica, CEO of Smartmatic.
... Read more »

Purchase expands presence in the $6 billion European industrial coatings market and provides operating synergies with Valspar’s existing businesses

MINNEAPOLIS - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- The Valspar Corporation (NYSE:VAL), a leading global manufacturer of paints and coatings, today announced a definitive agreement to acquire Inver Holding S.r.l. (Inver Group), a leading industrial coatings manufacturer in Europe. The transaction is expected to close in the fiscal fourth quarter, subject to regulatory approval and customary closing conditions. Financial terms were not disclosed.

Inver Group is headquartered in Bologna, Italy and generated sales in 2012 of approximately €160 million ($200 million). Founded in 1934, the company specializes in liquid and powder coatings products as well as resins that are used in a variety of industrial applications including off-road equipment, auto and off-road parts, architectural aluminum windo ... Read more »

ZXONE 8700 Solutions from ZTE to power Alibaba’s world-leading e-commerce platforms

SHENZHEN, China - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, is pleased to win an exclusive agreement from Alibaba Group to construct optical transport networks and support the continued rapid growth in Alibaba’s world-leading e-commerce platforms.

ZTE’s industry-leading ZXONE 8700 100G OTN series will be deployed to build Alibaba’s 100G transmission network. The first phase of the project will cover four MANs in Hangzhou, Tianjin and Beijing respectively. The ultra-large bandwidth, high capacity, and robust reliability of ZTE’s solutions, and the ability to provision a comprehensive range of services will serve the enormous networking needs of Alibaba, and support the continued ... Read more »

SUGAR LAND, Texas - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Wireless Seismic, Inc., the leading innovator of real-time and cable-less seismic data acquisition systems for the oil and gas industry, announced today the successful completion of its latest funding round of $12.5 million. Existing shareholders, Chesapeake Energy and Energy Ventures, were joined in this round by Total Energy Ventures, the corporate venture capital arm of French oil and gas major Total.

"Cable-less is becoming a new standard for land seismic acquisition work, and we are very excited to be investing in Wireless Seismic and to provide growth capital for a promising technology,” said Francois Badoual, CEO of Total Energy Ventures. "We believe that the real-time capability of Wireless Seismic’s RT System 2 can offer a substantial advantage in a broad range of operations.”

With this transaction, Wireless Seismic increases its board of directors to six members including Gary E. J ... Read more »

Inauguration of Bottling Plant Part of Planned $200 Million Investment in Myanmar Creating 22,000 Jobs Over Five Years

YANGON, Myanmar - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- For the first time in more than 60 years, Coca-Cola is being bottled in Myanmar. Muhtar Kent, Chairman and CEO of The Coca-Cola Company, today attended the ceremonial inauguration of a bottling plant in Crystal Springs, Hmawbi Township. The facility is the first to locally bottle Coca-Cola since the Company re-entered Myanmar last year. The historic event continues the long-term commitment of The Coca-Cola Company to generate a lasting positive impact by manufacturing, distributing, selling and hiring through its local business in Myanmar.

 "As we grow as a local business in Myanmar, we are committed to creating economic value and building sustainable communities,” said Kent. "For the people of Myanmar, Coca-Cola embodies the optimism of a bright future, with the promise ... Read more »

LONDON--(BUSINESS WIRE)--Ernst & Young is delighted to announce the launch of its Global Family Business Center of Excellence, a powerful new online resource. The center showcases Ernst & Young’s long and deep commitment to family businesses and provides access to the insights, experience and people they need to grow and succeed for generations.  

Peter Englisch, Global Family Business Leader at Ernst & Young, said: "With over 90 years of experience and a professional network spanning 140 countries, we know that many family businesses share similar advantages and face common challenges. Today, 90% of our clients are private or family owned businesses, and we are committed to helping them to succeed.

"We understand the unique challenges that they face – and how to address them. The Family Business Center provides access to our unique "growth DNA of family business” model, which addresses every facet of the personal and business agenda, aligning our persona ... Read more »

MIDDLEBURY, Conn - Tuesday, June 4th 2013

(BUSINESS WIRE/ ME NewsWire)-- Addivant™ USA, LLC announces the introduction of new POLYBOND® polymer modifiers that allow halogen-free polyolefin compounds to efficiently replace PVC in flame retardant wire and cable solutions.

The replacement of PVC in wire and cable insulation and jacketing is driven by regulatory changes and consumers’ increased desire for sustainable solutions. This has developed an increased demand for halogen free polyolefin compounds for use in a growing number of wire and cable markets, such as transportation, electrical & electronic, building & construction and appliance applications. Currently, polyolefins are the most widely used polymers in the world, primarily due to their ease of processing, balance of mechanical properties versus cost and, with respect to the wire & cable market, good electrical properties. However, a major drawback with the use of polyolefins is that they are not i ... Read more »

SHENZHEN, China - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has achieved the global No.2 ranking in the optical network market.

According to the latest market analysis report ‘Market share-1Q13 Global ON’ released by Ovum, ZTE displaced Alcatel-Lucent to take second position. "ZTE has a higher percentage of next-generation equipment for the aggregation market than its competitors do, so ZTE is not as affected by the shift in spending away from TDM as the others which is the source of the market share gains," said Ron Kline, Principle Analyst, Network Infrastructure, Ovum.

"ZTE is dedicated to developing next-generation optical networking products, including Packet Transport Network (PTN), Optical Transport Network (OTN) and 100G,” said Mr. Xu Ming, VP, ZTE Bearer ... Read more »