Recognized on Great Place to Work’s 2016 list based on Team Member feedback

MCLEAN, Va. - Thursday, October 27th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Hilton (NYSE: HLT) today announced it has been named one of the World’s 25 Best Multinational Workplaces in 2016, according to global research and consulting firm Great Place to Work®. Hilton was selected based on Team Members’ assessments of the company’s jobs, opportunities for training, and support for work/life balance, among other factors.

With a workforce spanning more than 104 countries and territories, Hilton’s recognition is a result of positive feedback from Team Members across the globe. Hilton ranked in all 12 country lists that evaluated the company this year, including number one rankings in China and Turkey.

"We are thrilled to be recognized as one of the World’s 25 Best Multinational Workplaces,” said Christopher J. Nassetta, presid ... Read more »

INCHEON, South Korea - Thursday, October 27th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The third largest giant city with population of over 3 million is created in Korea that has a 50 million-population. As it exceeded 3 million in population as of October 19th, 2016, Incheon City has grown as a city with 3 million-population in 36 years of its history, next to Seoul and Busan.

The population of a city is one of important indicators that determine its strength. Under the situation where competitiveness of many nations and cities worldwide is likely to weaken due to demographic cliff, the increase in population to over 3 million means that it has the driving force of growth, standing comparison with major cities of the world.

In the United States with larger than 300 million of population, only two cities, New York and Los Angeles, have the population of over 3 million each, and other comparable cities are Berlin (3.5 million), Germany and Madrid (3.2 million), Sp ... Read more »

ZURICH - Thursday, October 27th 2016 [ME NewsWire]

    Timo Ihamuotila joins pioneering technology leader ABB as Chief Financial Officer from Nokia, effective April 1, 2017
    Proven Chief Financial Officer with extensive experience in communications, software and services industries, active portfolio management and operational performance improvement
    Deep understanding of corporate transformation and digital business models
    Quantum leap in digital is cornerstone of Stage 3 of ABB’s Next Level Strategy: after creating the Chief Digital Officer role, new CFO key to transforming ABB as leader in digital industries

(BUSINESS WIRE)-- ABB announced today that Timo Ihamuotila has been named Chief Financial Officer and member of the Executive Committee, effective April 1, 2017. Ihamuotila succeeds current CFO Eric Elzvik in an orderly transition process. Elzvik will pursue career op ... Read more »

ZURICH - Thursday, October 27th 2016 [ME NewsWire]

• Operational EBITA margin¹ increased to 12.6%
• White Collar Productivity on track towards $1.3 bn savings; expected total costs reduced by $100 mn
• Net Income $568 million; basic earnings per share up 2%
• Base orders -6%²; total orders -13%; reflect Q3 uncertainty
• Revenues steady
• Cash flow from operating activities $1,081 million, more consistent quarterly cash generation
• Timo Ihamuotila to succeed Eric Elzvik as Chief Financial Officer effective April 1, 2017
• ABB launched Stage 3 of its Next Level Strategy &ndash ... Read more »

NEW DELHI - Wednesday, October 26th 2016 [ME NewsWire]

(BUSINESS WIRE)-- OCP and Kribhco are pleased to announce that they are entering into a 50:50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh, India.

This Fertilizer plant will require an initial investment of approximately $230M and will have an annual production capacity of 1.2 MT of NPK fertilizers. Furthermore, the project also includes the development of logistical infrastructure in the region.

In the spirit of Hon’ble Prime Minister of India’s call for “Make in India,” the JV shall provide quality indigenous NPK fertilizers to Indian farmers by leveraging on Kribhco’s deep knowledge of market and farmers requirement, as well as OCP’s world-class industrial capabilities and expertise. Fertilizers are one of 25 core sectors identified for “Make in India” campaign by Govt. of India.

Commentin ... Read more »

 Highly respected industry executive will join the studio in January 2017, relocating from London to Los Angeles

LOS ANGELES - Wednesday, October 26th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Twentieth Century Fox Film Chairman and CEO, Stacey Snider, today announced the appointment of Andrew Cripps as President, International Theatrical Distribution.

Cripps, who will join Fox from IMAX Corporation in January 2017, will oversee all strategic and managerial international theatrical distribution activities for the studio. He also will be involved with developing business opportunities in the foreign marketplace, including established territories as well as newer, burgeoning areas. Cripps will report to Snider and work closely with Fox’s President of Domestic Theatrical Distribution, Chris Aronson, and with Fox International Productions President, Tomas Jegeus, on local language production and distribution opportunities and to build long-term creative rel ... Read more »

On a mission to help audiences relax, NatureVision TV and Nature Relaxation’s producer David Huting have joined forces to launch new 4K channel aboard SES’s growing Ultra HD North American platform

LUXEMBOURG - Wednesday, October 26th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) today announced the Nature Relaxation 4K channel has launched aboard its fast-growing Ultra HD distribution neighbourhood hosted by a trio of satellites (SES-1, SES-3 and AMC-18) at the centre of the North American orbital arc.

As part of the agreement, Vivicast Media provides multi-platform licensing of Nature Relaxation programming throughout North America. The Nature Relaxation Ultra HD channel feed originates from SES’s Woodbine, Maryland mediaport, where it is prepared and uplinked to the SES-1 satellite and distributed to cable and broadcast distribution points throughout the US and the North American region ... Read more »

India Surpasses US as World’s Second-Largest Smartphone Market

NEW DELHI - Wednesday, October 26th 2016 [ME NewsWire]
(BUSINESS WIRE)-- India is expected to see a significant uptake in mobile subscriptions, broadband and connectivity by 2020, marking a period of rapid development of the country’s mobile economy, according to a new GSMA Intelligence study published today. The new report, ‘The Mobile Economy: India 2016’, noted that at the end of June 2016, 616 million unique users had subscribed to mobile services in India, making it the second-largest mobile market globally, with almost one billion unique mobile subscribers1 expected by 2020. India also overtook the United States in 2016 to become the world’s second-largest smartphone market with an installed base of 275 million devices.
The report forecasts that improving affordability, falling device prices and operator investments in network coverage and quality will help d ... Read more »

Dubai, United Arab Emirates - Wednesday, October 26th 2016 [ME NewsWire]

Arabia CSR Network will conduct a certified training on fundamentals of CSR and Sustainability on 6th – 9th November, 2016 in Dubai. This essential training which is the first of a series of certified trainings, guarantees to equip a wide range of participants that are looking to enhance their knowledge and understanding of CSR and Sustainability including CSR team member tasked with Environmental, Social and Governance (ESG) responsibilities, as well as consultants, freelancers and researchers with organizational knowledge about how best to develop an effective CSR and Sustainability practice.

The objective of this training is to understand how CSR can contribute strategically to an organization’s comprehensive performance and learn more about opportunities and benefits that CSR presents by scoping out what corporate responsibility means for their company. The course has been design ... Read more »

INGELHEIM, Germany - Wednesday, October 26th 2016 [ME NewsWire]

    Phase III study established equivalence in efficacy and similar safety profile between BI 695501 and Humira® (adalimumab) in patients with active rheumatoid arthritis (RA)
    Results pave the way for submitting BI 695501 for regulatory approval in key markets

(BUSINESS WIRE)-- Boehringer Ingelheim today announced top-line results from the pivotal Phase III clinical study of BI 695501, a biosimilar candidate to U.S.-licensed Humira® and EU approved Humira® (adalimumab). BI 695501 met the clinical study primary efficacy endpoint to establish equivalence with Humira® in patients with active rheumatoid arthritis (RA). The secondary endpoints for efficacy, safety and immunogenicity of BI 695501 vs. Humira®, were also met.

“This milestone paves the way for submitting BI 695501 for regulatory approval in key markets such as the USA and E ... Read more »