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By supporting NGOs to build frameworks of social change, HCL Grant aims to co-create stories of developmental transformation

NOIDA, India-Wednesday 17 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- HCL Foundation, the corporate social responsibility arm of HCL Technologies Ltd., today announced the winners of the sixth round of the HCL Grant, a flagship program dedicated to strengthening India’s “fifth estate” of NGOs working towards nation building.

The three NGOs, one each in the development areas of environment, health, and education, will each receive a grant of INR 5 crore ($685,000) for a three to five-year project. In addition, two finalists in each category will receive a one-year grant of INR 25 lakhs ($34,000), making a total grant of INR 16.5 crore.

HCL Foundation, which this year celebrates a decade of building strong and robust communities, is committed to contributing to the nation’s growth curve. Under its HCL G ... Read more »

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SINGAPORE-Wednesday 17 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Global insurance brokerage Pacific Prime has solidified its foothold in Asia Pacific by acquiring the Hong Kong and Singapore brokerage arms of CXA Group, an insurtech company that has exited this sector to focus on its cloud-based enterprise SaaS business. The acquisition deal took place on February 4th, 2021.

CXA's insurtech business is backed by HSBC, Singtel Innov8, the Singapore Economic Development Board's investment arm EDBI and B Capital Group, the venture firm of Facebook co-founder Eduardo Saverin.

The acquisition of CXA Group’s brokerage arms in Hong Kong and Singapore is a breakthrough, as Pacific Prime seeks to continually expand in the Asia Pacific region and globally. The acquisition gives Pacific Prime the technology to offer full-flex and simplified flex solutions to all of its clients around the world.

Neil Raymond, CEO of Pacific Prime, welcomed thi ... Read more »

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SAN FRANCISCO-Wednesday 17 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global enters the Bahamas through a Collaboration Agreement with full-service law firm Higgs & Johnson, extending the organization’s geographic coverage in the eastern Caribbean region.

Founded in 1948, Higgs & Johnson, consistently recognized by Chambers & Partners, Legal 500 and IFLR 1000, is led by Senior Partner Philip C. Dunkley, QC. The firm, operating with 19 Partners and 80 professionals, provides legal, corporate and fiduciary services to a range of clients including global law and accountancy firms, financial institutions, trust companies, multinational companies and high net worth individuals. With offices in New Providence, Grand Bahama and Abaco, the firm works across all industries with capabilities in commercial, financial, intellectual property, litigation, private client services, insolvency and corporate restructuring, real estate, securities and in ... Read more »

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16 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Spotify (NYSE: SPOT) today announced that Mona Sutphen will join the Spotify Board of Directors in April of 2021, subject to shareholder approval. Ms. Sutphen is a private equity advisor and a co-founder/advisor for several technology start-ups, and was a senior White House official during the Obama Administration.

“Mona has built a career in both the private and public sectors advising leaders on international and U.S. domestic policy, technology, macroeconomics and trade, and human rights...and that’s just the tip of the iceberg,” said Daniel Ek, Spotify Founder, CEO and Chairman of the Board. “Mona will bring a new and highly valuable perspective to the Board as we focus on driving our strategy forward during this time of exceptional change around the world.”

“I’m very much looking forward to joining the Spotify Board of Directors,” said Ms. Sutphen. “S ... Read more »

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SAN FRANCISCO-Friday 12 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global enters Pakistan through a Collaboration Agreement with tax and legal firm Septentrio Global Consulting (SgC), adding coverage to the organization’s global platform in South Asia.

Founded in 1985 by Managing Director Farrukh Karim Qureshi, SgC (formerly Samdani & Qureshi) began as a full-service law firm, and recently, enhanced their capabilities by integrating a tax practice, led by Rashid Ibrahim, and establishing an International Centre for Appropriate Dispute Resolution and Prevention, led by Dr. Nudrat E. Piracha. The Islamabad-based firm offers a vast range of services in tax, legal, management and financial consultancy, human resource management, risk management and appropriate dispute resolution & prevention solutions, working with clients in the public, private and social sectors, both at a national and international level.

“At the core of our bu ... Read more »

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• New global strategy – Reimagine – announced for the British company under the leadership of Chief Executive Officer, Thierry Bolloré

• A sustainability-rich reimagination of modern luxury, unique customer experiences, and positive societal impact

• Start of journey to become a net zero carbon business by 2039

• Reimagination of Jaguar as an all-electric luxury brand from 2025 to ‘realise its unique potential’

• In the next five years, Land Rover will welcome six pure electric variants as it continues to be the world leader of luxury SUVs

• All Jaguar and Land Rover nameplates to be available in pure electric form by end of the decade; first all-electric Land Rover model in 2024

• Clean-hydrogen fuel-cell power being developed in preparation for future demand

• Streamlined structure to deliver greater agility and promote an efficiency of focus

• Globa ... Read more »

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IWATA, Japan-Friday 12 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Yamaha Motor Co., Ltd. (TOKYO:7272) announces consolidated business results for the full fiscal year. Net sales were 1,471.3 billion yen (a decrease of 193.5 billion yen, or 11.6% compared with the previous fiscal year). Operating income was 81.7 billion yen (a decrease of 33.7 billion yen, or 29.2%), ordinary income was 87.7 billion yen (a decrease of 31.8 billion yen, or 26.6%), and net income attributable to owners of parent was 53.1 billion yen (a decrease of 22.7 billion yen, or 29.9%) . We were able to partly recover from the negative effects of the COVID-19 pandemic in the first half with net sales results in the fourth quarter (October -December) at 404.2 billion yen (an increase of 6.7 billion yen, or 1.7% on the same period over the previous fiscal year), and operating income was 25.3 billion yen (an increase of 9.9 billion yen, or 64.5%). For the fiscal year, the U.S. dollar was traded at 107 ye ... Read more »

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Company now certified in the design of critical launch and flight components


HOLLYWOOD, Fla.-Tuesday 16 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Sintavia, LLC, a designer and additive manufacturer of critical thermal and airfoil components for the Aerospace, Defense, & Space industry, announced today that it had achieved AS 9100 approval for product design and development. The approval, which followed months of auditing the company’s past performance, allows the company to offer its flight and launch customers certified design solutions for critical components such as heat exchangers, combustors, and chassis. The latest certification adds to the company’s industry-leading set of quality accreditations.

“Over the past nine years, Sintavia has reached a number of milestones as we have developed the market for critical, additively manufactured components for the Aerospace, Defense, & Space industry,” said Alex Bencom ... Read more »

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Global brewer expands Blue Yonder supply chain footprint to digitally manage volatile demand changes powered by machine learning

SCOTTSDALE, Ariz.-Tuesday 16 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- With demand rapidly changing during the COVID-19 pandemic, beverage producers need more accurate forecasting capabilities to stay ahead of the thirsty consumer. That’s why HEINEKEN, the world's most international brewer, has expanded its demand planning capabilities with Blue Yonder, a world leader in digital supply chain and omni-channel commerce fulfillment. HEINEKEN will implement Blue Yonder’s machine-learning (ML)-powered demand planning solution to keep pace with rapidly changing consumer demand patterns.

Committed to innovation and long-term brand investment, HEINEKEN was looking for a solution that would expand its digital capabilities to allow for more accurate, integrated and automated forecasting.

Blue Yonder will provide ... Read more »

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