BOSTON - Tuesday, 10. January 2023

(BUSINESS WIRE) -- Dr. Richard Michaud, President, and CEO of New Frontier Advisors LLC announced today the publication of his latest research on theory and practice in investment management: Finance’s Wrong Turns: A New Framework for Financial Markets, Asset Management, and Social Science, published by Palgrave Macmillan.

There is a foundational crisis in financial theory and professional investment practice. There is little credible evidence that active investment strategies and traditional quantitative investment technologies can provide superior risk-adjusted, cost-adjusted returns over investment-relevant investment horizons. Investors often adopt minimal cost no-information index or rule-based factor fund investments. Why are investors increasingly ignoring professional asset management? Can professional asset management be justified?

Economic and financial theory has been in error for more than sixty years and i ... Read more »

SAN FRANCISCO - Tuesday, 10. January 2023 AETOSWire Print 

(BUSINESS WIRE)--Andersen Global continues its European expansion efforts through a Collaboration Agreement with full-service law firm CHG Czernich Rechtsanwälte, adding legal resources to the organization’s existing presence in Austria.

Established in 1999, CHG provides legal services to companies from all business sectors. The firm works in five specialized practice groups focusing on corporate and commercial law, business law, real estate, public and procurement law, and banking and finance. Led by Managing Partner Dietmar Czernich, CHG has three locations throughout Austria in Innsbruck, Vienna and St. Johann/Kitzbühel.

“We have a deep understanding of our clients’ needs and recognize the importance to deliver seamless solutions regionally and globally,” Dietmar said. “As the legal space continues to become more complex, our firm’s collaboration with Anders ... Read more »

CAMPBELL, Calif. - Tuesday, 10. January 2023

(BUSINESS WIRE) -- Tigo Energy, Inc. ("Tigo", or the "Company"), a leading provider of intelligent solar and energy storage solutions, has signed a definitive agreement with L1 Energy for the purchase of $50 million of newly issued Convertible Notes (the “Notes”) to support the Company's future growth opportunities through the deployment of its intelligent solar and energy storage solutions and repayment of existing debt. The transaction closed concurrently with signing.

The Notes bear a fixed annual interest rate of 5.0% with a maturity date of 36 months. The Notes may be converted at the option of the investor into shares of Tigo common stock or an equivalent equity instrument created as a result of a Public Company Event, which includes a merger with a Special Purpose Acquisition Company. The conversion price is based on a pre-money valuation of $550 million, excluding the shares issu ... Read more »

Riyadh, Saudi Arabia - Tuesday, 10. January 2023

Riyadh, the capital of Saudi Arabia, will host tomorrow the 2023 Spanish Super Cup for third time. The four teams (Real Madrid, Barcelona, Valencia, and Real Betis) will take part in the tournament, set to run from January 11 to 15, 2023 at Riyadh’s King Fahd Stadium, brought by Ministry of Sport as part of the sporting events in 2nd Diriyah Season.

Spanish league champions Real Madrid will play Valencia tomorrow January 11th, while Spanish Cup champions Real Betis will take on rivals Barcelona on Thursday January 12th, with the winners of each game competing for the Spanish Super Cup on Sunday January 15th. While all the three matches will be played at 10:00pm Riyadh time.

The three teams; Real Madrid, Valencia and Real Betis arrived yesterday at King Khalid International Airport in Riyadh, while the fourth team Barcelona is scheduled to arrive today evening.

The Spanish Super Cup tourname ... Read more »

50% of the world’s population is under 30, compared to just 2.6% of parliamentarians globally*. If this ratio were reflected in a year, the views of those under 30 would stop being represented in parliaments around the world after the 9th of January.

(BUSINESS WIRE) -- Today is No Say Day - the last day in 2023 when young people’s voices are represented in parliaments around the world. This falls a week before world leaders and businesses gather in Davos for the World Economic Forum Annual Meeting. Often criticised for being out of touch, Davos is a prime example of the need for more youth voices in decision making spaces.

Half of the world’s population is under 30, compared to just 2.6% of parliamentarians globally*. If this ratio were reflected in a year, youth voices would effectively go unheard after today. Just nine days into 2023, No Say Day is a stark demonstration of the fact that millions of young voices are excluded from decision-making sp ... Read more »

KADIMA, Israel - Tuesday, 10. January 2023

(BUSINESS WIRE)--IDE Technologies, a world leader in water treatment solutions, today announced the opening of a new regional office in Dubai, IDE Meyah Water Solutions, in an effort to grow the company’s presence in MENA and deliver industry-leading water treatment solutions to local industries and municipalities. The move supports IDE’s mission to provide seawater desalination plants, end-to-end water treatment solutions and water reclamation and purification to regions in need.

“The UAE has been a strategic area of growth for IDE for some time, and we’re thrilled to now have a physical presence in the region,” said Mohamed Sebbane, Regional Manager, MENA, IDE Technologies. “This regional office opening will improve our ability to connect with existing and prospective customers, further growing our understanding of their unique water treatment needs and how IDE can ... Read more »

Abu Dhabi, United Arab Emirates - Tuesday, 10. January 2023 AETOSWire 

The clinic aims to become a hub for complex orthopedic procedures in the region

As part of its ongoing efforts to focus on complex care and pediatric sub-specialties, Burjeel Holdings, one of the leading private healthcare services providers in the MENA region, in collaboration with renowned orthopedic surgeon Dr. Dror Paley, has launched a clinic in the UAE. The Paley Middle East Clinic, located at Burjeel Medical City (BMC) in Abu Dhabi, aims to become a hub for complex procedures in the region by providing world-class specialized orthopedic care. It is the first clinic in the Middle East and Asia by Dr. Paley, who has performed around 20,000 limb-lengthening and reconstruction-related procedures.

Dr. Paley is internationally recognized for his expertise in limb lengthening, deformity reconstruction, and joint preservation of children and adults. The cl ... Read more »

INGELHEIM, Germany & SAN FRANCISCO - Monday, 09. January 2023

(BUSINESS WIRE)--Boehringer Ingelheim and 3T Biosciences, today announced they have entered into a strategic collaboration and licensing agreement to discover and develop next-generation cancer therapies to address high unmet patient needs. The partnership will bring together 3T Biosciences’ best-in-class 3T-TRACE (T-Cell Receptor Antigen and Cross-Reactivity Engine) discovery platform with Boehringer Ingelheim’s two-pronged research strategy combining cancer cell-directed and immune cell-targeting compounds, further strengthening the company’s pipeline.

Cancer immunotherapies have brought dramatic breakthroughs, but only for a minority of cancer patients. 3T‘s platform aims to address this challenge by identifying novel shared T-cell receptor (TCR) targets of productive immune responses and comprehensively screening TCRs and TCR mimetic ... Read more »

LONDON - Tuesday, 10. January 2023
Japan Tops Among Mega Airlines and Mega Airports in the World; All Nippon Airways and Tokyo Haneda International Rank #1

(BUSINESS WIRE)--OAG, the world’s leading data platform for the global travel industry, has revealed the most punctual airlines and airports in the world as part of its Punctuality League 2023.

Among the Top 20 Mega Airlines in the world, Japan takes the top spots with All Nippon Airways ranked #1 with an on-time performance (OTP) of 88.79%, followed by Japan Airlines (#2; OTP 88.07%). LATAM Airlines (OTP 85.03%) ranked #3 and Azul Airlines (OTP 84.87%) ranked #4 among LATAM carriers. Five U.S. carriers round out the Top 10 with Delta Air Lines (OTP 81.79%) ranked #6.

Five European carriers ranked among the Top 20 Mega Airlines, including KLM Royal Dutch Airlines ranking the highest at #11 (OTP 73.06%).

Among the Top 20 low-cost carriers (LCCs) in the world, Germany’s Eurowings (O ... Read more »

Increasing resources and tech supports including superapp-building solution, scholarship program and competitions

(BUSINESS WIRE) -- Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of Apsara Developer Community, a new hub created to support global developers through an enhanced provision of diverse developer tools and resources. It aims to support the continuous growth of the developer community, while facilitating the further progress of the digital economy across markets.

“The developer community is an integral part of Alibaba Cloud’s ecosystem. We hope to grow together with our developers by providing the latest technologies, ecosystem resources and business collaboration opportunities,” said Selina Yuan, Vice President of Alibaba Group and President of Alibaba Cloud Intelligence International Business Unit.

New and Enhanced Community Resources, Competitions and Scholarship for Gl ... Read more »

BOSTON - Friday, 06. January 2023

(BUSINESS WIRE) -- Boston Metal, a global metals technology solutions company, will deploy its molten oxide electrolysis (MOE) platform technology to recover high-value metals from mining waste in Brazil.

Boston Metal do Brasil, a wholly owned subsidiary, opened in August and construction is underway on facilities in the municipality of Coronel Xavier Chaves near São João del Rei, Minas Gerais.

Boston Metal’s patented MOE technology uses electricity to selectively extract valuable metals from complex, low-concentration materials that are currently considered waste. This enables miners to reduce the financial and environmental liabilities of slag, by leveraging this natural by-product of metal production to create new revenue streams.

Mineração Taboca S.A., a major Brazilian producer of refined tin and other industrial minerals including niobium and tantalum, signed a memorandum of understanding (MOU) to explore ... Read more »