Dubai, United Arab Emirates-Wednesday 26 May 2021 [ AETOS Wire ]

 

The Middle East’s love for luxury is fuelling rapid growth in the second-hand luxury goods sector.  Whilst the pandemic has resulted in reduced in-person shopping, online platforms have profited from a surge in demand from millennials keen to acquire high-end goods at affordable prices. Sabrina Sadiq, founder and CEO of Luxury Promise, a leading social commerce platform for the world’s most exclusive, rare and luxurious second-hand goods and accessories, said: “Our revenue increased fivefold this year due to more customers shopping online throughout the lockdowns."

 

Traditionally, consumers from the Middle East region have preferred to shop for new goods however, this has changed due to younger, more environmentally conscious consumers looking for affordable high-end goods in prime condition. Following its launch in 2017 and with offices in ... Read more »

VIENNA -Tuesday 25 May 2021 [ AETOS Wire ]

TTTech Industrial has acquired pioneering technology and strategic customers from Nebbiolo Technologies
The deal will result in the world’s most advanced industrial edge computing platform
A TTTech Industrial North America subsidiary has been founded in Silicon Valley
The new entity is led by Kannan Devarajan, one of the co-founders of Nebbiolo Technologies
(BUSINESS WIRE)-- TTTech Industrial Automation AG has acquired core technology and strategic customers from pioneering fog/edge computing start-up Nebbiolo Technologies in a deal closed in May. Integrating features and know-how from Nebbiolo Technologies will support TTTech Industrial’s commitment to delivering the world’s most advanced industrial edge computing platform to its customers. TTTech Industrial has also founded a US subsidiary in Silicon Valley to expand its activities in the North American market. Kannan Devarajan, one of the ... Read more »

DULUTH, Ga. -Tuesday 25 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and prevision ag technology, announced that Ivory Harris is named Senior Vice President, Chief Human Resources Officer effective today. Ivory assumes responsibility for all global human resources activities and will be focused on leading and developing a high-impact talent strategy that helps AGCO achieve its farmer-first strategy.

“Ivory has extensive experience in talent management, employee engagement, diversity and inclusion, leadership development and total rewards and will be a key partner in achieving our strategic aspirations,” said Eric Hansotia, Chairman, President and Chief Executive Officer. He continued, “I look forward to leveraging her passion and experience as we create outstanding experiences for our employees and our farmer customers in the years ahead.&rd ... Read more »

HONG KONG -Tuesday 25 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- MultiBank Group, World’s number 1 Forex and CFD broker, reveals record financial figures for 2020. The award-winning financial services company announced gross profit of over US$ 139 million for the year, making an impressive 62% increase from 2019’s result of over US$ 85 million.

Remarkably, MultiBank Group’s annual turnover for 2020 was recorded at over US$ 5 trillion, marking a record-breaking year for the global giant. With figures such as these and consistently robust growth, it is no wonder that MultiBank Group is one of the largest financial derivatives providers worldwide.

The MultiBank Group through its subsidiaries are the most heavily regulated Group through 5 continents with 11 regulators worldwide, setting a high standard for the industry and ensuring unprecedented transparency for its clients. The Group has continued to see growth across its key metrics year on yea ... Read more »

SAINT-PREX, Switzerland & ROSEVILLE, Minn. -Tuesday 25 May 2021 [ AETOS Wire ]

RBX2660 pivotal Phase 3 trial successfully met the primary endpoint; data presented today at Digestive Disease Week® (DDW)
RBX2660 is the first microbiota-based live biotherapeutic to demonstrate efficacy as early as first recurrence of Clostridioides difficile (C. difficile) infection
RBX2660 Phase 3 data add to the world’s largest and most robust clinical program ever conducted in the field of microbiome-based therapeutics
Findings build on previous RBX2660 clinical trials showing repeated efficacy and consistent safety, including two trials with two years of safety follow-up
(BUSINESS WIRE)-- Ferring Pharmaceuticals and Rebiotix, a Ferring Company, today presented results from the pivotal Phase 3 PUNCH™ CD3 clinical trial, demonstrating superior efficacy and consistent safety of single-dose RBX2660 in reducing recurrence of Clostridioides difficile infection (CDI) ... Read more »

Dubai, United Arab Emirates-Tuesday 25 May 2021 [ AETOS Wire ]

New World Group (NWG) is a London headquartered, global diversified investment company with more than $2.5 billion in assets under management. The company continues to play a leading role of investing in technology companies seeking to re-invent their industry ecosystems - through its Mozaic business vertical.

Mozaic provides smart, efficient, and strategic capital to robust and scalable technology businesses led by driven and able entrepreneurs. Under the Mozaic enabler, NWG has incubated & launched the global digital platform ‘Algbra’ for the unbanked and underserved.

Currently, more than 1.7 billion people in developing economies are prevented from participating in economic opportunities because of not having a traditional bank account. Algbra will deliver financial services through one application to address this significant gap in the global economy. It will offer accounts, de ... Read more »