Riverbed appoints Nuvias as a Swiss distributor

LONDON -Tuesday, January 24th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- Nuvias, the pan-EMEA, high value IT distributor (which includes Zycko, Wick Hill and SIPHON) announces the opening of a new office in Zurich, Switzerland. This latest office gives Nuvias complete coverage across the DACH1 region and complements its existing offices in Germany (Munich, Hamburg and Berlin) and Austria.

Helge Scherff, Regional Vice President, Central for Nuvias, said: “Our business in Switzerland, which we have been servicing from our German office, has been growing, so we decided to open a Swiss office, with both sales and technical personnel to support our customers there. We want to act as a true local partner to the local reseller base, providing the service and support they need.

“We have already appointed sales and technical staff to the office and will be building the numbers during the comi ... Read more »

 Caps off 2016 with a record 83.6 million passengers

Dubai, United Arab Emirates -Tuesday, January 24th 2017 [ ME NewsWire ]

Dubai International has retained its title as the world’s number one airport for international passengers with annual traffic reaching 83.6 million passengers in 2016, according to the annual traffic report issued by operator Dubai Airports today.

DXB’s annual traffic in 2016 totalled 83,654,250 passengers, compared to 78,014,838 in 2015, up 7.2 per cent. The surge of travellers during the holiday season boosted monthly traffic in December to 7,706,351, up 9.3 per cent compared to 7,053,243 recorded in December 2015.

During 2016 a number of new airlines, including Nepal Airlines and Rossiya launched services to DXB, while 11 new passenger destinations were added to the hub following network expansion by flydubai, Emirates and other carriers.

India continued to lead as Dubai’s single ... Read more »

HOUSTON-Monday, January 23rd 2017 [ ME NewsWire ]

    Fourth-quarter revenue of $7.1 billion increased 1% sequentially
    Fourth-quarter GAAP loss per share, including charges of $0.42 per share, was $0.15
    Fourth-quarter earnings per share, excluding charges was $0.27
    Fourth-quarter cash flow from operations was $2.0 billion. Fourth-quarter free cash flow was $1.1 billion
    Full-year cash flow from operations was $6.3 billion. Full-year free cash flow was $2.5 billion
    Quarterly cash dividend of $0.50 per share approved

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) today reported results for full-year 2016 and the fourth quarter of 2016.

Full-year 2016 revenue of $27.8 billion decreased 22% year-on-year, despite three quarters of activity from the Cameron Group that contributed $4.2 billion in revenue. Excluding Cameron, consolidated revenue declined 34 ... Read more »

NEW YORK -Thursday, January 19th 2017 [ ME NewsWire ]

    Award-Winning Beauty App Empowers Consumers Through Customization
    Creates Opportunity to Leverage MATCHCo’s Platform Technology and Digital Insight Tools Across Shiseido’s Portfolio

(BUSINESS WIRE)-- Shiseido Company, Limited ("Shiseido"), announced today that its regional headquarters and consolidated subsidiary, Shiseido Americas Corporation (Delaware, USA; "SAC"), has acquired MATCHCo (California, USA), a privately-held company utilizing revolutionary technology and innovative digital tools to provide consumers with individually customized foundation at scale.

The synergy of MATCHCo’s innovative digital tools and Shiseido Group’s R&D capabilities will help to enhance a business model that captures a major consumer trend: cosmetics customization.

About MATCHCo

Founded in 2013 by pers ... Read more »

Hilton Foundation Commits Close to $12 million Towards Trachoma Elimination Efforts

LOS ANGELES-Monday, January 23rd 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- On Jan. 20, during the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, the Conrad N. Hilton Foundation joined forces with The END Fund and other key partners committed to accelerating progress on neglected tropical diseases, including Bill Gates, co-founder, Bill & Melinda Gates Foundation; Ken Frazier, chairman and CEO at Merck; and Tsitsi Masiyiwa, executive chair, Higherlife Foundation; and more.

During the meeting, the Hilton Foundation announced that it recently committed $11.725 million in grants toward the elimination of trachoma in Mali and Niger by the year 2020. Three grants were awarded to organizations working towards elimination of trachoma as a public health problem in Mali and Niger: The Carter Center was granted $5.1 million, and $5.975 million was awa ... Read more »

Breakthrough partnership will support the IOC and the Olympic Movement achieve Olympic Agenda 2020 vision in a new digital era

DAVOS, Switzerland -Friday, January 20th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- The International Olympic Committee (IOC) and Alibaba Group (NYSE:BABA) today jointly announced a long-term partnership through 2028. Joining The Olympic Partner (TOP) worldwide sponsorship programme, Alibaba will become the official “Cloud Services” and “E-Commerce Platform Services” Partner, as well as a Founding Partner of the Olympic Channel.

The partnership was announced today at the World Economic Forum in Davos, Switzerland, with IOC President Thomas Bach, Alibaba Group Founder and Executive Chairman Jack Ma and Alibaba Group Chief Executive Officer Daniel Zhang.

Thomas Bach, President of the IOC, said: “In this new digital world, Alibaba is uniquely positioned to help the IOC achieve a variety of ... Read more »