SAN FRANCISCO-Wednesday 23 September 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Further demonstrating its commitment to expanding its global platform in Africa, Andersen Global announced it entered the Algerian market by way of a Collaboration Agreement with full-service tax firm Cabinet Hadj Ali.

The Algiers-based firm, led by Managing Director Samir Hadjali, was founded nearly 60 years ago and has grown to include more than 40 professionals. The firm offers tax and advisory services to owner-managed businesses, large multinational companies and subsidiaries of international corporations in a wide variety of industries.

“Our firm was previously an Arthur Andersen affiliate, so we appreciate and understand the importance and impact of working with like-minded individuals around the globe with whom we share a commitment to stewardship, transparency and providing seamless service internationally,” Samir said. “Since 1962, our firm has prided itsel ... Read more »

EXTON, Pa. -Wednesday 23 September 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Bentley Systems, Incorporated (“Bentley”) today announced the pricing of the initial public offering of 10,750,000 shares of its Class B common stock at a price to the public of $22.00 per share. The shares of Class B common stock to be sold in the offering are being sold by existing stockholders of Bentley. The selling stockholders granted the underwriters in the offering a 30-day option to purchase up to an additional 1,610,991 shares of Class B common stock from the selling stockholders. The shares are expected to begin trading on the Nasdaq Global Select Market on September 23, 2020 under the symbol “BSY”. The offering is expected to close on September 25, 2020, subject to customary closing conditions.

Goldman Sachs & Co. LLC and BofA Securities are acting as lead book-running managers and RBC Capital Markets is acting as a book-running manager for the offering. B ... Read more »

GALESBURG, Mich.-Tuesday 22 September 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Power management company Eaton today announced its Twin Vortices Series (TVS®) technology has proven to be an integral component in hydrogen fuel cell modules, which benefit from the precise air flow control offered by the TVS unit to operate at peak efficiency. The TVS fuel cell blower is electrically driven, providing accurate and fast air control to enable rapid fuel cell voltage control for transient duty cycles.

Eaton’s TVS technology is known throughout the transportation industry for its supercharged internal combustion engine applications, but minor modifications have made the unit ideal for fuel cells.

To operate efficiently, fuel cell stacks need precisely controlled air and hydrogen flow. Fuel cells are composed of proton exchange membranes layered between a positive electrode (cathode) and a negative electrode (anode). Hydrogen is introduced to the anode, and ox ... Read more »

Sustainable lighting solutions to enhance community infrastructure – bringing a range of social, economic, and environmental benefits

Abu Dhabi, United Arab Emirates-Tuesday 22 September 2020 [ AETOS Wire ]

The Zayed Sustainability Prize has announced that solar-powered lighting solutions developed by one of its previous winners have been installed in the Egyptian village of Habisha, in the Asyut Governorate – as the latest deployment from the UAE-driven humanitarian initiative, 20by2020. With an aim to improve standards of living and create a host of new prospects for residents of the community, more than 50 high-performance energy-efficient LED lights have been fixed on the main street of the village— which are expected to benefit over 3,500 people daily.

The deployment in Egypt was organised by 20by2020, a UAE humanitarian initiative led by the Zayed Sustainability Prize in partnership with Abu Dhabi Global Market, Abu Dhabi Fund for Deve ... Read more »

BEIJING-Friday 18 September 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- China has vowed to eradicate absolute poverty in rural areas by the end of 2020 despite the COVID-19 epidemic. While efforts are being made to ensure "no single poor area or individual shall be left behind" – as President Xi Jinping puts it – people that have recently shaken off poverty are striving for a better life.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005399/en/

Among the 529 residents in a small village in central China's Hunan Province, 95 in 30 households used to live under the poverty line. The whole village was lifted out of poverty through rural tourism in 2018, and the average annual income of the residents reached 13,840 yuan (about 2,060 U.S. dollars) last year – way above the national poverty line of 2,300 yuan (about 340 U.S. dollars).

Shazhou Village, located in a ... Read more »