Tool measures impact of climate change on company valuations

NEW YORK -Friday 7 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, has today launched a solution to help investors assess their exposure to climate related risks and opportunities.

The MSCI Climate Value-At-Risk (Climate VaR), provided by MSCI ESG Research LLC, provides forward looking and return-based valuation assessments to measure the potential impact of climate change on company valuations. It provides financial institutions – including investment managers, banks, asset owners and insurers – with the means to identify assets that may be at risk from the worst effects resulting from climate change, while helping to identify innovative low carbon investment opportunities, through security specific modelling.

The tool provides insights into the po ... Read more »

SAN JOSE, Calif. -Friday 7 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Cepton Technologies, Inc., a leading provider of state-of-the-art, intelligent, lidar-based solutions, announced today that it has raised over $50 million in Series C funding. This brings Cepton’s total funding to nearly $100 million, providing a strong foundation to substantially ramp up its R&D efforts, expand its footprint in the automotive market and support major customers worldwide.

The latest funding round was led by Koito Manufacturing Co., Ltd. (TYO:7276), the automotive Tier 1 and world-leading provider of automotive lighting systems, with an investment of $50 million. Existing investors in Cepton also participated in this round. As part of the transaction, Koito will obtain non-exclusive rights to manufacture and sell Cepton’s lidar sensor design for an automotive application, using key components supplied by Cepton.

Cepton will use the proceeds to accelerate ... Read more »

More than Seven Million of Postepay Evolution Customers to Access Western Union’s Cross-Border, Cross-Currency Money Movement Platform via App

DENVER & ROME -Friday 7 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Customers of App Postepay, among the preferred payment Apps in Italy, can now access Western Union’s cross-border and cross-currency platform to send money globally, following an agreement between Postepay, one of the largest Electronic Money Institution (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments.

More than seven million Postepay Evolution customers can now send money globally using Western Union via the Postepay App. They have the choice to fund their payments within the App using card or account and payout via Western Union’s Global Retail Network in ov ... Read more »

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 The partnership will consolidate and support Marelli’s IT services at a global level

BANGALORE, India-Friday 7 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that Marelli has awarded it a multi-year, global, strategic IT deal.

This partnership will help Marelli to standardize, simplify and further enhance their IT services at a global level and consolidate several current vendors across applications management services & workplace end user services. Marelli is a leading global Tier-1 automotive technology supplier.

As part of this partnership, Wipro will help Marelli by leveraging its global service delivery model and automotive domain expertise and hyper-automation powered by the Wipro HOLMES™ platform.

Dario Castello, Senior Vice President ... Read more »