SAN FRANCISCO -Thursday 28 October 2021 [ AETOS Wire ]

FIS, Moneris, Global Payments, ANZ, CIBC, HSBC, ScotiaBank and more rolling out Visa Installments Solution to their customers, adding scale, brand trust and convenience to popular financing option

Klarna signs global brand deal with Visa to accelerate expansion and scale in several markets

(BUSINESS WIRE)-- As consumer demand for 'Buy Now, Pay Later' (BNPL) solutions continues to grow, Visa (NYSE: V) today announced a growing list of issuers, acquirers and fintechs that are leveraging Visa’s technology — both its network-based Visa Installments Solution and its longstanding fintech solutions — to bring ‘Buy Now, Pay Later’ options to their customers.

A recent Visa study found that nearly half of all global consumers (42%) expressed interest in installment financing that is offered on their existing credit card or one they could apply for.1 To help partners mee ... Read more »

PORTSMOUTH, Va -Friday 29 October 2021 [ AETOS Wire ]

 New, state-of-the-art cold storage warehouse is strategically located near Port of Virginia’s world-renowned Portsmouth Marine Terminal and will support the nation’s supply chain needs ~

~ Facility represents an $84 million investment that will spur economic and job development in Portsmouth, Virginia ~

(BUSINESS WIRE)-- Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the opening of its newest fully automated facility strategically located near the Port of Virginia’s world-renowned Virginia International Gateway in Portsmouth which offers an integrated network of highways, air, rail, and sea services.

The new state-of-the-art cold storage warehouse joins Lineage’s growing network of over 22 fully automated f ... Read more »

Six additional organizations commit to promote sustainability in AM

HOLLYWOOD, Fla. -Friday 29 October 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The Additive Manufacturer Green Trade Association (AMGTA), a global trade organization created to promote the environmental benefits of additive manufacturing (AM), announced today that six additional leading AM companies have joined the trade group to advance sustainability in AM, bringing its active membership ranks to 33 members from 11 countries.

Joining the AMGTA as a new Founding Member is Divergent Technologies, the world leader in design, printing, and assembly of optimized and sustainable vehicle structures using a fully adaptive end-to-end production system. The company’s proprietary manufacturing platform, known as the Divergent Adaptive Production Systems (DAPS), is a complete hardware solution designed to replace traditional vehicle manufacturing. Divergent Technologies will serve alongside existing Fo ... Read more »

SOUTHFIELD, Mich. -Thursday 28 October 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Power management company Eaton today announced its eMobility business has introduced the EVK Series, a new line of Bussmann® series fuses. The new line of high-voltage fuses meets the requirements for use in the latest high-powered electrified vehicles (EVs) with ratings up to 1,000 volts of direct current (VDC) and 600 amps.

Eaton’s EVK series fuses are designed to manage and protect the charging systems of electric commercial, passenger and high-performance vehicles such as sports cars and large sport-utility vehicles. The fuses enable more advanced EV system architectures and support vehicle acceleration and range in an efficient package.

“The EVK fuse’s high-voltage rating provides full-range system protection in an economical package while meeting the needs of higher-voltage battery packs,” said Till Wagner, product manager, Electric Vehicle Power Swi ... Read more »

TOKYO-Thursday 28 October 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Solasia Pharma K.K. (TOKYO: 4597, Headquarters: Tokyo, Japan, President & CEO: Yoshihiro Arai, hereinafter “Solasia”) and Nippon Kayaku Co., Ltd. (TOKYO: 4272, Headquarters: Tokyo, Japan, President: Atsuhiro Wakumoto) today jointly announced the conclusion of a license agreement for marketing rights to darinaparsin (generic name, development code: SP-02) in Japan (hereinafter “this agreement”).

Darinaparsin is a drug candidate under development by Solasia for relapsed or refractory peripheral T-cell lymphoma (PTCL). Solasia filed a new drug application with the Ministry of Health, Labour and Welfare in June 2021 and expects to launch after obtaining approval from the agency in 2022.

Mr. Kazuto Koizumi, Managing Director and Head of Pharmaceuticals Group of Nippon Kayaku, commented as follows:
“Solasia is a specialty pharmaceutical company that excels in dev ... Read more »

NEW YORK -Thursday 28 October 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, The Estée Lauder Companies (NYSE:EL) (“ELC”) announced that after 27 years with the company, Cedric Prouvé, Group President, International, has made the decision to retire effective June 30, 2022. The successor to Cedric’s role will be announced shortly, and Cedric will partner with this individual starting in February 2022 to support a smooth and successful transition.

A visionary and highly-respected global leader, Cedric has, alongside his outstanding global teams, led ELC’s winning international business – including all sales and profits outside of North America, all activities of sales affiliates and distributor relationships worldwide, as well as the Travel Retail business – since 2003. Throughout his exceptional career, Cedric has been instrumental in elevating and operationalizing the company’s global network of Region Presidents and Affiliate ... Read more »