STAMFORD, Conn. - Tuesday, December 13th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Intrepid Aviation confirmed today the acquisition of a new B777-300ER aircraft from Boeing in Seattle and its delivery on long-term lease to Manila-based Philippine Airlines.

“We are very pleased to extend the strong partnership we have forged with both companies,” commented Doug Winter, Intrepid’s President & Chief Commercial Officer.

ABOUT INTREPID AVIATION

Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody and large narrowbody equipment, such as the Airbus A330 & A321 and Boeing B777 & B787 families of aircraft.

ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS

Reservoir Capital Group LLC. was established in 1998 as a privately held investment ... Read more »

The Middle Eastern regional platform of the German company Wilo SE, provided customers with valuable insights to its latest solutions

Dubai, United Arab Emirates - Tuesday, December 13th 2016 [ME NewsWire]

Wilo Middle East FZE, the leading pump manufacturer Headquartered in Germany, organized on the 15th of November 2016 a customer seminar at Movenpick Al Khobar in Kingdom of Saudi Arabia (KSA). The seminar presented a valuable opportunity for customers to inspect the solutions provided by Wilo for building services, water management and industrial sectors.

The seminar witnessed the participation of senior officials from international arms of Wilo SE including Ioannis Lappas, Head of Business Development for Water Management, Wilo Dortmund; and Daniel Busuioc, Head of Business Development for Water Management, Wilo Hof.

Commenting on the seminar; Khaled Al Salama, Country Manager KSA, Wilo Middle East stated: “Wilo has always been keen to foster ... Read more »

Aligns EMEA, Latin America and Caribbean and Asia Pacific Operations

NEW YORK - Tuesday, December 13th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:MMC), today announced the appointment of James Nash to the newly-created role of President, International, subject to regulatory approval. Mr. Nash, who currently runs Guy Carpenter’s Asia Pacific operations, will continue reporting to Peter Hearn, President & CEO of Guy Carpenter, and will relocate to London.
Guy Carpenter's International Division will consist of all operations in the Europe, Middle East and Africa (EMEA), Latin America and Caribbean, and Asia Pacific regions. A successor for Mr. Nash in Asia Pacific will be announced in 2017.
“Guy Carpenter’s International Division will advance our ability to apply best practic ... Read more »

NEW YORK - Tuesday, December 13th 2016 [ME NewsWire]

(BUSINESS WIRE)-- At 11:06 p.m. eastern time last night, JPMorgan Chase crossed the $1 trillion mark in year-to-date merchant processing volume, a first in the firm’s history.

Merchant processing volume at the firm has grown annually from $750 billion in 2013 to nearly $950 billion in 2015. Black Friday 2016 had an increase of 12 percent in total transaction dollar volume, and Cyber Monday was 30 percent higher than last year.

“Our clients benefit from the fact that we’re intensely focused on payment processing, yet part of a global financial institution that can support their broader business needs,” said Commerce Solutions CEO Matt Kane. “We’re fortunate to work with companies of every size, from local pizza places to global enterprises, and their success is directly reflected in ours.”

JPMorgan Chase is the #1 ranked merchant acquirer worldwide according ... Read more »

The partners will develop new offerings that will be part of AGCO’s Fuse® Connected Services offering

DULUTH, Ga. - Wednesday, December 7th 2016 [ME NewsWire]
(BUSINESS WIRE)-- AGCO Corporation (NYSE:AGCO), a world-leading manufacturer and distributor of agricultural equipment solutions, announces development partnerships with agricultural technology companies Aglytix and Farmobile to deliver farm optimization services to AGCO customers. The partnerships will enable growers to reduce waste, increase yield and improve profitability through actionable insights for their fleet, in their fields and across their farms. The new services, initially launching through select dealers in North and South America next year, will complement the fleet and operational services already available through AGCO’s Fuse® Connected Services offering.
This release will offer analytics and insights growers and trusted advisors can utilize to visualize, ... Read more »

EDISON, N.J. - Saturday, December 10th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The J.M. Huber Corporation announced today that it has signed a definitive agreement to sell the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG—a global specialty chemicals company.

The transaction will include HEM’s Silica facilities in North America, Europe and Asia. Until the transaction closes, Silica continues to operate as part of HEM. For 2016, Huber’s Silica business unit is expected to achieve revenue close to $300 million and an adjusted EBITDA of approximately $60 million.

The sale of Silica will not affect HEM’s other business units, which include Fire Retardant Additives and Ground Calcium Carbonate.

Mike Marberry, President and Chief Executive Officer of Huber, noted, “Silica has been part of Huber since the 1950s and paved the way for the Company’s global expansion in engineered materials. Whi ... Read more »

SIAE MICROELETTRONICA is partnering with CMA group for this turnkey project

MILAN - Tuesday, December 13th 2016 [ME NewsWire]

(BUSINESS WIRE)-- CPFL Energia, the largest private group of electricity sector in Brazil, invested in the deployment of a state of the art microwave radio transmission network to interconnect its operational sites in the São Paulo region.

The new network will replace an existing analogue SHF network that reached its end of life, offering a high capacity communication ring interconnecting over 27 sites including electric power substations, operational centres and a CPFL datacentre. For this project CPFL awarded SIAE MICROELETTRONICA together with its partner CMA to deliver a full turnkey solution including network design, deployment and training. The network will be fully managed and based upon the latest digital microwave radio platform AGS20, offering integrated ring protection.

“The integrated ring protection mechanism ... Read more »

Christine Leurquin of SES elected to the Board of the 5G Infrastructure Association

LUXEMBOURG - Monday, December 12th 2016 [ME NewsWire]
(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announced today that Christine Leurquin, Vice President, Institutional Relations and Communications at SES, has been elected to the Board of the 5G Infrastructure Association.
The role of the 5G Infrastructure Association in the 5G Infrastructure Public Private Partnership (PPP) is to be the counterpart to the EU Commission on the private side of the 5G PPP. Its work includes preparing contributions to the dedicated 5G PPP work program in Horizon 2020. Its aim is also to contribute to 5G policy-oriented topics on standards, spectrum and trials, as well as interaction with international partners.
Once deployed, 5G will be the key enabler for the further digitalisation of the European economy, accommodating the diverse connectivity needs of industrial applications ... Read more »

One-stop access will accelerate advances in new medicines, organ transplants and agriculture

DENVER - Wednesday, December 7th 2016 [ME NewsWire]

(BUSINESS WIRE)-- World licensing leader MPEG LA, LLC announced today an initiative to address the need for an efficient one-stop license alternative around CRISPR, a breakthrough technology that enables cellular DNA to be edited quickly and inexpensively. Some CRISPR patents are currently the subject of an interference proceeding (No. 106048) among various patent holders and applicants before the US Patent and Trademark Office.

“CRISPR’s wide range of potential applications in medicine and agriculture, and the steadily increasing volume of intellectual property in the field, point to the need for a one-stop licensing platform to reduce litigation risk and provide efficiency, transparency and predictability to scientists and businesses worldwide,” said MPEG LA President and CEO Larry Horn. “Ou ... Read more »

CALONGE, Spain - Monday, December 12th 2016 [ME NewsWire]

(BUSINESS WIRE)-- ISG (www.isg.solar) Solar International Group Ltd, a British multinational based in London and with a branch in Spain, has taken over Tamesol (www.tamesol.com), a Catalan business specializing in the manufacture of photovoltaic panels and systems, through the acquisition of its production facility in Girona.

The object of the agreement will be to provide Tamesol with the necessary resources to realize its ambitious plan for expansion. The English company, which hopes to position itself as a reference in the renewable energy sector, has chosen Tamesol for its experience and potential for expansion. Tamesol has been manufacturing panels (TM-Series) and photovoltaic systems (TM-Systems) for more than 12 years, supplying more than 1.6 million modules and operating in more than 30 countries. The two companies have agreed to keep all of their human, technological and management resources in place, ... Read more »

Under the patronage of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation

Dr. Al Kaabi: “This conference is parallel to the nation’s goals of addressing and implementing national tolerance and concord”. 

ABU DHABI, United Arab Emirates - Monday, December 12th 2016 [ME NewsWire]

Dr. Mohammed Mattar Al Kaabi, Secretary General of the ‘Forum for Promoting Peace in Muslim Societies’ announced that the third annual Forum for Promoting Peace in Muslim Societies will be held on December from 18th – 19th at Jumeirah at Etihad Towers in Abu Dhabi. 

Dr. Al Kaabi recognises the paramount importance of this conference and expresses his heartfelt appreciation for the UAE government for their continuous cooperation in supporting this initiative. Of particular appreciation is of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Inter ... Read more »