ABU DHABI, United Arab Emirates, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42) made its trading debut on the Abu Dhabi Securities Exchange (ADX) today following the successful merger completion of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), the UAE’s flagship satellite solutions provider. Space42 is the UAE’s new AI-powered SpaceTech company with a global reach.

Integrating Bayanat’s advanced geospatial analytics and Yahsat’s leading satellite communications with AI capabilities enables Space42 to address the rapidly evolving needs of the global SpaceTech ind ... Read more »

CHICAGO - 
Recently opened The Manner sets a new standard for lifestyle hotels in SoHo, New York; The Standard, Singapore; Hotel Saint Augustine in Houston and The StandardX, Bangkok are slated to open this year

(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced the completed acquisition of the brands and most of the affiliates of pioneering lifestyle hospitality company Standard International, parent company of The Standard and Bunkhouse Hotels brands. This acquisition enhances Hyatt’s leading position in the industry’s premier lifestyle segment, building on both Hyatt’s organic growth and a series of acquisitions that quintupled the number of lifestyle rooms in Hyatt’s global portfolio between 2017 and 2023.

The 100% asset-light portfolio includes management, franchise and license contracts for 22 open hotels with approximately 2,000 rooms, including The Standard, London, The Standard, High Line in ... Read more »

PORTLAND, Ore. - Wednesday, 02. October 2024

(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm. The facility will be instrumental in supporting Powin’s working capital needs, driving continued innovation, and further enhancing the company’s financial flexibility as it expands its leadership position in the storage industry.

This strengthened capital position improves Powin’s ability to seize the immense market opportunity and meet the surging demand in the rapidly expanding global energy storage sector. Bloomberg New Energy Finance forecasts that the energy storage market will exceed 100 gigawatt-hours of capacity in 2024 and is poised to grow at an annual rate of 21%, reaching 442 gigawatt-hours by 2030. The rising global demand for energy sto ... Read more »

FRANKFURT, Germany - Wednesday, 02. October 2024
RGD is the enhanced version of Regnology’s Abacus data model, enriched with extended global coverage, powerful data lineage capabilities and fit for cloud and AI (Artificial Intelligence) enhancements
(BUSINESS WIRE)--Regnology, a leading software provider with a focus on regulatory reporting solutions, announced today the release of Regnology Granular Data (RGD), its new single, non-redundant integrated global data model built on the strengths of Regnology’s long-established Abacus data model to prepare for the future of regulatory reporting.

RGD leverages 30 years of experience enhancing a harmonized and standardized granular data model covering a bank’s entire dataset to deliver prudential, statistical and ad-hoc reporting on a supranational and national level.

Granular by design, RGD is the granular data model at the core of all Regnology solutions. It empowers Regnology’s entire ... Read more »

- Middle East region shows highest number of visits to car dealerships vs. mature markets.
- Saudis show highest rate of openness to digital automotive purchase globally
- Respondents in the Middle East are much more favorable to adopting autonomous vehicles than respondents in Europe, North East Asia, and the USA
- Significant potential for transition to Electric Vehicles in the next car purchase

(BUSINESS WIRE)--Arthur D. Little (ADL) has published the fourth edition of its influential Future of Automotive Mobility (FOAM) report, covering current and future automotive trends. This year's study includes insights from over 16,000 respondents across 25 countries, including the Middle East region. The report provides detailed perspectives on car ownership, electric vehicles, autonomous driving, and new mobility services within the Middle East market.

"The Middle East region is at the forefront of embracing the future of mobilit ... Read more »

WESTLAKE VILLAGE, Calif. 
Initial project financing for groundbreaking green hydrogen project in Calistoga, CA expected in Q4

Process follows through on initiative first laid out during its May 2024 Investor and Analyst Day to maximize capital efficiency in its ‘Own & Operate’ IPP strategy

Management to accelerate investment strategy and increase potential capital deployment based upon significant proactive inbound investor interest
(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a leader in sustainable, grid-scale energy storage solutions, today announced continued progress in executing its growth strategy unveiled during the May 2024 Investor and Analyst Day. The Company is focusing on addressing the largest markets and growth regions, delivering more predictable and recurring revenues, and driving strong growth and profitability.

Key Highlights:

Launching project financing for ... Read more »

CAMBRIDGE, England 
(BUSINESS WIRE)--The International Education group of Cambridge University Press & Assessment (Cambridge) today announced the launch of digital examinations in June 2026. Students at schools in Europe, Middle East and North Africa and the US will have the opportunity to take the Cambridge International AS English General Paper and multiple choice questions in Cambridge IGCSE Accounting, Economics, Biology, Chemistry and Physics on laptops. These exams will meet the same validity, reliability and comparability standards as Cambridge’s paper-based exams and mark the start of Cambridge’s global rollout of digital exams across its full Cambridge IGCSE, AS and A level curricula.

Schools in some regions are now being invited to enrol for this first phase of the digital rollout. They will participate in an Early Adopter Programme which will give them exclusive access to Cambridge’s innovative digital examination platform. Through ... Read more »

Moscow, Russia - Wednesday, 02. October 2024

Middle Eastern fashion has taken the world by storm, and Moscow Fashion Week, an accelerator for emerging brands, is set to be a major platform for showcasing the region's rising talent. The event, taking place from October 4th to 9th, will feature over 120 designers, including the renowned Emirati brand ANGELO ESTERA. Known for creating stunning garments for royalty and celebrities, the brand will unveil their latest collection alongside a diverse group of talented designers.

ANGELO ESTERA's new collection, "Elysian Blooms," embodies the essence of Emirati style with its intricate embroidery, luxurious fabrics, and exquisite tailoring. The designer recognizes Moscow Fashion Week as a vital platform for building the international presence. "It is important to showcase at Moscow Fashion Week as it is the gateway to present our brand to the luxury designer market in Russia," Angelo Estera says.

HERZOGENAURACH, Germany - Wednesday, 02. October 2024 AETOSWire Print 

PUMA invites Gen Z audiences to join the conversation around one of fashion's biggest material debates

(BUSINESS WIRE)--In response to growing consumer demand for greater transparency from the fashion industry, PUMA launches #KnowYourStuff, an educational content series which delves into one of today’s most debated fashion topics - leather vs vegan leather – and the environmental impact of both.

Created in collaboration with Aishwarya Sharma, one of PUMA’s ‘Voices’ and Global Goals Ambassador, #KnowYourStuff translates the complexities and progressions around the use of leather and its alternatives. Available to view on PUMA YouTube and Aishwarya’s Instagram platform from today, the seven episode story will roll out over the next two weeks.

... Read more »

 (BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on October 18, 2024, to discuss the results for the third quarter ending September 30, 2024.

The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.

To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.

A webcast of the conference call will be broadcast simultaneously at  ... Read more »

 Egon Zehnder’s 2024 survey reveals that a majority of chief executives feel a responsibility to help solve societal problems

(BUSINESS WIRE)--Egon Zehnder, the world's preeminent executive search and leadership advisory firm, today released the results of its latest Global CEO Survey at the Berlin Global Dialogue, which is taking place under the theme "Building Common Ground."

The survey, which polled more than 470 CEOs from around the world, highlights the unprecedented changes business leaders foresee in the coming decade and, more importantly, their responsibility in addressing complex global challenges:

• 95% of CEOs expect significant, systemic shifts in the economy, geopolitics, energy and technology over the next decade.
• 80% of CEOs acknowledge an expanded role beyond leading their companies, positioning themselves as key players in shaping new societal r ... Read more »

SAN JOSE, Calif. - Tuesday, 01. October 2024

Google Distributed Cloud architecture integrates intelligent data infrastructure to drive secure AI innovation

-(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the expansion of its strategic partnership with Google Cloud with the integration of unified data storage and intelligent services into the Google Distributed Cloud architecture. This integration empowers organizations, especially in the public sector and regulated industries, to leverage AI-ready infrastructure while maintaining high standards for security and strict regulatory compliance.

Highly regulated organizations such as those in the government, manufacturing, telecom and retail sectors, want to drive innovation by tapping into AI, but emerging regulations such as data sovereignty and consumer privacy laws are creating new hurdles for organizations as they modernize their IT workloads. These o ... Read more »

SAINT-PREX, Switzerland - Tuesday, 01. October 2024 AETOSWire 

OPTIMISE study found a treat-to-target (T2T) management strategy in people with mild-to-moderate ulcerative colitis (M2M UC) being treated with 5-aminosalicylic acid (5-ASA; mesalazine) utilising faecal calprotectin (FC) home monitoring over 12 months achieved a significantly higher rate of endoscopic and clinical remission compared to a symptom-based approach which did not utilise FC home monitoring.1
These data support clinical thinking that T2T is the preferred management strategy for inflammatory bowel disease (IBD)2,3 and demonstrates that mesalazine therapy is an integral part of this approach in M2M UC.
Further details of the study results to be shared by Principal Investigators of the OPTIMISE study, Prof Silvio Danese and Prof Laurent Peyrin-Biroulet, in an upcoming webinar on 8th October 2024.
 

(BUSINESS WIRE)--Ferring Pharmaceuticals today announces results from the ... Read more »