ABU DHABI, United Arab Emirates - Thursday, February 4th 2016 [ME NewsWire]

The Traffic and Patrols Directorate announced the activation of 12 radars across four roads in Al Ain on Sunday. The new radars will be adjusted according to the legal speed limits set on those roads. This step is part of the strategic priority of making the roads a safer place, as per the Abu Dhabi Police’s traffic plan.

Major Dr. Ahmed Nasser Al Zaidi, Deputy Head of Traffic and Road Safety Engineering Department, pointed out that the locations of the new radars have been determined based on accidents and traffic violations. “The main goal of installing the new radars is to reduce high speeds and avoid traffic accidents, which cause deaths and economic losses,” noted Major Al Zaidi.

Additionally, Major Al Zaidi indicated that the new radars were installed on a number of major roads, such as Al Saad-Sweihan Road, Al Ain-Abu Dhabi Road through Al Yahar, in Bada&rsquo ... Read more »

PVH Plans to Leverage PVH Asia to Fuel Tommy Hilfiger China Expansion

NEW YORK. - Thursday, February 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- PVH Corp. [NYSE:PVH] and funds advised by Apax Partners announced today that they have entered into a definitive agreement for PVH to acquire the 55% interest in TH Asia Ltd., their joint venture for Tommy Hilfiger in China, that PVH did not already own. The purchase price for the transaction is approximately $172 million, net of cash of approximately $100 million, subject to adjustment. The closing, which is subject to customary closing conditions and regulatory approvals, is expected to occur early in the second quarter of 2016 and is expected to be slightly accretive to PVH’s 2016 earnings on a non-GAAP basis.

This transaction has been envisioned since PVH and the funds advised by Apax Partners established the Tommy Hilfiger China joint venture in connection with the Tommy Hilfiger acquisition in 2010. The othe ... Read more »

OSAKA, Japan - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Panasonic Corporation today announced that it has developed a new highly functional global shutter technology for a CMOS image sensor using organic photoconductive film (OPF)*1. This technology enables the capture of a high speed moving object in up to 10 times brighter*2scenes in global shutter mode. With the OPF CMOS image sensor, the charge-storage function and photoelectric-conversion function can be set independently. By utilizing this unique feature of the OPF CMOS image sensor, this technology solves the degradation of saturation signal in a conventional image sensor with global shutter function. Motion direction can be detected from an acquired object’s signal level in one picture through fine control of shutter sensitivity by changing applied voltage to OPF, which cannot be realized by conventional CMOS image sensors.

This newly developed highly functional global shutter technol ... Read more »

Global HR recognized for Innovation in Deployment of Leadership Programs

RESEARCH TRIANGLE PARK, N.C. - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Quintiles, the world’s largest biopharmaceutical services company, has been awarded the HR.com 2016 Leadership Excellence Award for Innovation in Deployment of Leadership Programs.

HR.com, the largest global social networking and resource site for HR professionals, is committed to providing a deeper understanding of the HR function for over 250,000 members. For more than 33 years, they have identified and recognized the top organizations that develop their leaders. This year’s awards had more than 4,500 companies apply with 600,000 people voting on their programs to provide the most comprehensive ratings ever produced. These prestigious leadership awards salute the world’s best leadership practitioners and highlight their roles in the industry.

Quintiles has received the I ... Read more »

Dubai, United Arab Emirates - Monday, February 8th 2016 [ME NewsWire]

During 2015, MiX Telematics, a leading global provider of fleet and mobile asset management solutions, in conjunction with the Learning Section of Bapco’s HR Department, has trained 200 people in defensive driving techniques, through MiX Telematics’s e-Learning program. The final 20 trained in December were from Bapco’s Environment, Health & Safety (EHS) Committee – the group responsible for initiating the implementation of the program to reduce the number of accidents at Bapco.

The EHS Committee sessions were run by Bapco’s Senior Management Development Specialist, Neil Porter, in the new learning suites at Bapco’s Learning and Development Centre. Summarising the course, Porter said, “Participants began by completing MiX Telematics’s 30-minute interactive session that put them behind the virtual wheel of a vehicle and captured the dynamics of dri ... Read more »

PARIS - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the European Commission has cleared their proposed merger without any conditions following a Phase 1 review.

As previously announced, the U.S. Department of Justice cleared the proposed merger in November 2015 without any conditions; Cameron stockholders voted on December 17 to adopt the merger agreement between Schlumberger and Cameron; and antitrust clearances have been obtained in Canada, Brazil, Russia, and Mexico.

Under the terms of the merger agreement, Schlumberger and Cameron only await regulatory approval from the Ministry of Commerce of the People’s Republic of China. The Chinese authorities started their 30-day Phase 1 review process on February 4, 2016.

The closing of the proposed merger remains subject to the satisfaction or waiver of the remaining customa ... Read more »

OSAKA, Japan - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Panasonic Corporation today announced that it has developed a new wide-dynamic-range[1] technology that can improve simultaneous-capture wide dynamic range[2] 100 times wider than conventional results can deliver, using a CMOS image sensor with an organic photoconductive film (OPF) *2.
With an OPF CMOS image sensor, the charge-storage function and photoelectric-conversion function can be set independently. By utilizing this unique feature of the OPF CMOS image sensor, overexposure can be prevented under bright conditions with no time distortion against moving objects. Moreover, a sharp and texture-rich image can be reproduced even under dark conditions. These technologies enable high-speed, high-precision imaging with no time distortion in high-contrast scenes. - more -

This newly developed wide-dynamic-range technology enables accurate imaging and reproduction of a richer color tone, ev ... Read more »

LOS ANGELES - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Marley Natural, the official Bob Marley cannabis brand, today debuted a broad-based collection of cannabis and lifestyle products designed with deep respect for Bob Marley’s legacy and belief in the positive potential of the herb to heal and inspire us.

"We are fortunate to be living during a promising time of positive change, especially with regard to cannabis and how people understand it. My dad would be so happy to see so many people appreciating the natural, healing power of the herb. We are thrilled to be sharing Marley Natural products with the world just in time for his 71st birthday,” said Cedella Marley, Bob Marley’s daughter.

Marley Natural’s inaugural product line includes:

    Four categories of all-natural, locally-sourced, sun-grown cannabis flower and oil;
    A naturally-derived line of body care pr ... Read more »

Clients and partners gather at Visa’s global headquarters in San Francisco to celebrate the milestone

SAN FRANCISCO - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Visa Inc. (NYSE:V) today announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company’s nearly 60 year history, software application developers will have open access to industry leading payments technology, products and services by Visa.

The new Visa Developer platform is designed to help financial institutions, merchants, and technology companies meet the demands of consumers and merchants, who increasingly rely on connected devices to shop, pay and get paid. At launch, the new platform will offer access to some of Visa’s most popular payment technologies and services including account holder identificati ... Read more »

PARIS - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Murex, the leading provider of integrated trading, risk, and processing solutions, today announced that it has been recognized as the Number One Overall Top Technology Vendor in the treasury and capital markets industry at the Risk Awards 2015 ceremony, hosted by Risk Magazine in London last week. This is the third consecutive year that Murex has won this recognition. This victory is further acknowledgment of the company’s achievements, which have also been highlighted by the Asia Risk Technology Rankings 2015.

Alongside its competitors, Murex’s unique MX.3 solution was evaluated across various categories, including front-to-back-office systems, analytics, risk management and other areas such as global limits management and support services.

“Risk-based regulations are increasing the cost and complexity of technology for most financial institutions” commented Peyman Me ... Read more »

ABU DHABI, United Arab Emirates - Saturday, February 6th 2016 [ME NewsWire]

The General Civil Aviation Authority (GCAA) called upon light air sports enthusiasts to practice their hobbies in designated clubs accredited by the authority in order to maintain their security and safety. The call falls within the framework of the campaign organized by the authority to raise awareness about light air sports. The campaign was launched in cooperation with the Air Support Department at the Directorate General of Security Support at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior, and continues for two weeks during February.

H.E Saif Mohammed Al Suwaidi, Director General of GCAA, noted that light air sports are a relatively new hobby. “It is not merely a flying game, but a sport that requires mental focus and accuracy to enable users to harmonize mental commands and hand movements to fly their drone,” he added. He called u ... Read more »