NEW YORK & LONDON 
(BUSINESS WIRE) -- Fitch Group, a global leader in financial information services owned by Hearst, today announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (“Bixby”), a leading provider of credit information on private syndicated loan issuers. Earlier this year Fitch Ventures, the equity investment arm of Fitch Group, led Bixby’s Series A round.

Bixby, founded by Brian Conroy, will become a wholly-owned subsidiary of Fitch Solutions and will be managed by CreditSights. Bixby will be incorporated into CreditSights’ leveraged finance product suite, which includes Covenant Review’s legal analysis, LevFin Insights’ news and data, and CreditSights’ fundamental research.

Ted Niedermayer, President of Fitch Solutions, said: “The acquisition of Bixby is a natural next step as we continue to prioritize our leveraged finance ... Read more »

SAN FRANCISCO - Tuesday, 05. December 2023

(BUSINESS WIRE)--Taulia, a leading provider of working capital management solutions, today announced it has added the Bank of China London Branch, and BNP Paribas to its global multi-funder network.

The addition of the two major global banks is the most recent in an already large and growing network of funders available to Taulia’s global customers, enabling businesses to access an increasingly broad and diverse funding pool, with greater choice, liquidity, and availability of capital.

Multifunder models within supply chain finance programs are designed to provide resilience through diversification and a wider pool of funding for different currencies, geographies, client sizes, and credit profiles. Combined with the right technology, it also enables businesses to hedge against liquidity risk, particularly during periods of economic uncertainty.

Cedric Bru, CEO, Taulia, comments: “Adding Ban ... Read more »

At COP28, the organizations announced intent to scale the B-READY Project to provide preventative humanitarian assistance in four high-risk locations

(BUSINESS WIRE) -- During the 28^th United Nations Climate Change Conference (COP28), Visa (NYSE: V), a global leader in digital payments, and Oxfam America, a part of the global Oxfam organization fighting inequality to end poverty and injustice, announced intent to collaborate to scale Oxfam’s Building Resilient, Adaptive and Disaster-Ready Communities (B-READY) project to deliver real-time streamlined money movement and relief payments to individuals and businesses in the Philippines, Kenya, Colombia, and Puerto Rico.

B-READY unites parametric forecasting with community inputs to provide humanitarian assistance to individuals, communities, and businesses before a disaster strikes. Visa and Oxfam America intend to scale B-READY to create ... Read more »

HERZOGENAURACH, Germany - Tuesday, 05. December 2023

(BUSINESS WIRE)--Global sports company PUMA has today announced that it has scaled up its textile recycling innovation, RE:FIBRE, replacing recycled polyester with RE:FIBRE technology in all PUMA football Club and Federation replica jerseys from 2024 onwards.

Since the launch of the pilot in 2022, which saw PUMA produce recycled training jerseys for their sponsored football clubs, RE:FIBRE technology has been used to create Switzerland and Morocco replica kits for the Women’s World Cup as well as Girona’s 2023/24 season Third kit. In 2024, official PUMA football replica jerseys* including those for the Euro and Copa América tournaments will be manufactured using RE:FIBRE recycled materials that were made of old garments and factory waste rather than only recycled plastic bottles.

Through the RE:FIBRE program, PUMA is keen to address the challenge of textile waste via a long-term solution for rec ... Read more »

 Annual Cocktail Trends Report Details Trends to Watch in Cocktail Culture in 2024

(BUSINESS WIRE) -- Bacardi Limited, the world’s largest privately held international spirits company, releases its fifth annual Bacardi Cocktail Trends Report, anticipating the key trends that will r ... Read more »

Majority of surveyed IT leaders running IT modernization programs are over budget and behind schedule, with results showing only “marginal improvements” for the business

(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced findings of the Tech Research Asia Survey Report, “Operational Excellence is a Key Part of System Modernisation,” examining the challenges, opportunities, and priorities of CIOs and CTOs in their modernization journey. The Rimini Street-sponsored research was conducted among more than 300 CxOs across Australia and Ne ... Read more »

LOS ANGELES - Tuesday, 05. December 2023 AETOSWire Print 

(BUSINESS WIRE) -- In a new and special collaboration, Higround, a powerhouse within the lifestyle and gaming spheres, is teaming up with The Pokémon Company International to create an exciting collection that seamlessly blends the worlds of competitive gaming, and the beloved Pokémon franchise. This unique partnership introduces a carefully curated collection of gaming peripherals inspired by fan-favorite Pokémon.

Higround introduces its line of Pokémon-themed keyboards and additional accoutrement, offering fans a tactile way to connect with their favorite franchise. In this unique collection, the Base 65 and Summit 65 Keyboards take center stage. The Base 65 models, for the everyday adventurer, feature designs like the iconic Poké Ball and fan-favorite Pokémon, including Venusaur, Charizard, Blastoise, and Mewtwo. The Summit 65 Keyboards represent the ape ... Read more »

(BUSINESS WIRE) -- Stationary energy storage specialist Hithium has become a member of Chile’s renewable energy association ACERA. The manufacturer signed with the group at an event it hosted for partners and industry colleagues in Santiago, where Hithium representatives also introduced the company to the regional market and presented its latest product innovations.

“We are committed to supporting the renewables industry in Chile, which is why it is important for us to join our clean energy sector colleagues here and become a member of ACERA,” said Mizhi Zhang, Hithium Head of Global Business, at the event. “As renewable energy generation grows, energy storage plays a key role in enabling the grid to incorporate clean power in a stable way. A big thanks to all our sector colleagues and partners who joined us tonight to celebrate and talk about how we can build out Chile’s energy storage together.”

A not-for-profit trade association ... Read more »

NEW YORK - Tuesday, 05. December 2023

(BUSINESS WIRE) -- Moody's Corporation (NYSE:MCO) today announced the launch of Moody’s Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial intelligence (GenAI). Leveraging Moody’s extensive proprietary content and the latest large language models (LLMs), the product helps customers generate new insights from the breadth and depth of Moody’s credit research, data, and analytics.

As the first GenAI-powered research tool commercially available for financial market participants, Moody’s Research Assistant synthesizes vast amounts of information so users can assess lending or investment opportunities, monitor developments, compare entities, and enhance analytical workflows rapidly and at scale. Grounded in Moody’s extensive proprietary content in combination with the latest GenAI technology, Moody’s Research Assistant allows users to generate more ... Read more »