NEW YORK-Sunday 18 October 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Today The Estée Lauder Companies (NYSE:EL) announced that after nearly 20 years with the company, Dennis McEniry, President of ELC’s Online division, will retire at the end of this calendar year. He will be succeeded by Gibu Thomas, who will assume the role of President, ELC Online, effective November 16, 2020. Gibu will report directly to Fabrizio Freda, President and Chief Executive Officer. Dennis will work closely with Gibu through the end of the year to support a smooth and successful transition.

“Dennis has been a truly innovative and visionary digital leader,” said Fabrizio Freda. “As the inaugural President of ELC Online, he has overseen the formation and incredible expansion of this division. Thanks to him and his team, ELC Online remains vital to our strong and sustainable growth, and is a leading, brand-building platform that enables us to deliver high-quality products ... Read more »

Tokyo, Japan-Sunday 18 October 2020 [ AETOS Wire ]

KLab Inc., a leader in online mobile games, announced that new original characters created under the supervision of Yoichi Takahashi, the original author of Captain Tsubasa, will be added to its head-to-head football simulation game Captain Tsubasa: Dream Team starting today. In commemoration, the Original Character Voice Actor Autograph Giveaway will be held on Twitter where fans can win autographs by the two new original character voice actors Jun Fukuyama and Takuya Eguchi.

Original Player Introduction Celebration Begins!

In commemoration of the new original characters created under the supervision of Yoichi Takahashi, the original creator of Captain Tsubasa, various in-game campaigns will be held starting today!

Players will receive the two new original characters just by logging in during the Game Original Character Introduction Celebration Gift for All. During the event period, players will also ... Read more »

 75% takeover of cement terminal at Thilafushi Island to increase market presence in the Indian Ocean country

Muscat, Oman & Malé, Maldives-Sunday 18 October 2020 [ AETOS Wire ]

Oman’s largest cement manufacturer, Raysut Cement Company (RCC), said it has closed the deal of acquiring 75 per cent of LafargeHolcim’s cement terminal at Thilafushi Island in Maldives, and a  new joint venture - Raysut Maldives Cement Pvt. Ltd. – has been formed.

The new entity with State Trading Organization (STO) of Maldives owning 25 per cent has  plans to expand the terminal’s capacity, currently 75,000 tons per annum, by more than 100 per cent in future to over 200,000 tons per annum.

This acquisition opens a corridor of trade between Oman and Maldives not only in the cement industry with Raysut Cement but also in other areas which will benefit both economies. Raysut cement are proud to have opened this new economic relationshi ... Read more »

SAN FRANCISCO -Wednesday 14 October 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Analytics has enhanced its award-winning suite of risk models with new scorecards for assessing the creditworthiness of certain asset classes, such as non-banking financial institutions and project finance transactions.

Over the last few years, an increasing share of credit has been sourced by alternative lenders and specialized funding vehicles. These providers are now facing uncertain funding conditions and increased liquidity risks as the impact of the COVID-19 downturn reverberates across the global economy.

The RiskCalc™ Scorecard Suite is designed to help credit professionals measure the default risk of these niche asset classes and adopt forward-looking views of risk, including for CECL and IFRS 9 purposes. Clients can use the scorecards as standalone models, as an input to internal scoring, or as a benchmarking tool.

“Our new scorecards enable c ... Read more »

Eight contestants remain in the competition, as the Qatar Foundation TV show continues to adapt to COVID-19

Doha, Qatar-Sunday 18 October 2020 [ AETOS Wire ]

Qatar Foundation’s Stars of Science has undertaken several measures to continue filming Season 12, overcoming the difficulties presented by COVID-19 while ensuring the safety of contestants, jury members, experts, and filming crew.

And in this week’s episode – as international flights ground to a halt – jury members Professor Fouad Mrad and Professor Abdelhamid El-Zoheiry were forced to join remotely through video call. This unexpected change prompted Yosouf Al-Salehi, Qatar Science & Technology Park’s (QSTP) Executive Director and a former member of the show’s jury, to return to Stars of Science, joining the jury members to help instill an additional level of scrutiny on the contestants’ work.

“This crisis showed us the importance of inv ... Read more »