New well completions tech shifts production economics with fewer requirements for costly well interventions

(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today launched Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.

Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act with confidence in response to dynamic production conditions — improving reservoir management over the life of the well and accessing reserves that conventional systems leave behind.

“Electris completions take reservoir management to the next level — making it possible for operators to get more out of their assets with fewer requirements for costly well interventions,” ... Read more »

NEW YORK - 
(BUSINESS WIRE) -- Today, Aramis announces the launch of Intuition by Aramis, marking a new chapter for the legendary men’s fragrance brand. Dwyane Wade will serve as Global Ambassador and the face of Intuition by Aramis, launching in August 2025, having collaborated closely with the brand on the campaign storytelling and creative expression.

Launched in 1963, Aramis became an industry leader in the men’s fragrance and grooming category as the first men’s prestige fragrance in the US. More than 60 years later, leveraging the brand’s rich heritage and fragrance authority, Intuition by Aramis is inspired by the idea of a new kind of masculinity – EQ as well as IQ; sensitivity as well as strength; purpose as well as power. Wade is the embodiment of all these qualities, evolving from one of the most successful NBA shooting guards to a highly regarded multi-hyphenate: producer, philanthropist, advocate, and entrepreneur.

Amy Montagne Becomes President, Nike

Phil McCartney Becomes EVP, Chief Innovation, Design & Product Officer

Nicole Graham Becomes EVP, Chief Marketing Officer

Tom Clarke Becomes Chief Growth Initiatives Officer

Heidi O’Neill to Retire

(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth.

Elliott Hill, President and CEO, NIKE, Inc. and Heidi O’Neill, President of Consumer, Product, and Brand, have decided the Consumer, Product, and Brand leadership will now be divided into three distinct areas: Consumer and Sport, Marketing, and Product Creation, inclusive of Innovation and Design. These roles will now report directly to Hill. ... Read more »

SAN JOSE, Calif.
Groundbreaking solution simplifies AI inferencing for specialized and local applications
(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the release of NetApp AIPod Mini with Intel, a joint solution designed to streamline enterprise adoption of AI inferencing. This collaboration addresses the unique challenges businesses face when deploying AI, such as cost and complexity, at the department and team level.

To thrive in the era of intelligence, enterprises have adopted AI to enhance efficiency and data-driven decision making across their businesses. A study by Harvard Business School found that consultants given access to AI tools were able to increase their productivity, completing 12.2 percent more tasks and completing them 25.1 percent more quickly. However, individual business units may find that the broadly available general purpose AI applications are not able to meet their specific n ... Read more »

NEW YORK & CHICAGO & SYDNEY - Tuesday, 06. May 2025 AETOSWire Print 

(BUSINESS WIRE) -- Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group, ASX: MAF) today announced the formation of a new joint venture (“JV”), which will invest up to US$1.7 billion in senior secured loans to U.S. middle market borrowers. The JV harnesses the complementary capabilities of the three partnering institutions to establish a differentiated platform focused on the attractive middle market subset of private credit.

The JV expects to benefit from broad access to high-quality, proprietary deal flow of first-lien senior-secured loans to established middle market companies, leveraging the loan origination capabilities of Monroe Capital’s direct lending infrastructure, SMBC’s established private credit and sponsor finance platform and MA Financial’s exp ... Read more »

SAN FRANCISCO - Tuesday, 06. May 2025 AETOSWire 

(BUSINESS WIRE) -- Andersen Consulting adds coverage in Thailand and Indonesia with its newest member, Sertis, a leading consultancy delivering data-driven, enterprise AI solutions to clients through Southeast Asia and beyond. This strategic move bolsters Andersen Consulting’s presence in the region and strengthens the organization's capabilities in the AI space.

Founded in 2014 by Tee Vachiramon, Sertis specializes in AI and technology transformation consulting services, including AI strategy development, custom AI solutions, data analytics, and digital transformation. The firm works with clients in various sectors, such as finance, retail, energy, healthcare, and manufacturing, enabling them to optimize operations, improve decision-making, and enhance customer experience.

“Becoming a member of Andersen Consulting is a milestone for our firm as it allows us to tap into an unparalleled plat ... Read more »

As part of its strategic focus on structured debt investments, Arzan Wealth (DIFC) Limited (“Arzan Wealth”), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, has advised on an investment in an amortizing mezzanine loan to a U.S.-based sponsor, secured by a portfolio of single-family rental homes across the United States. The investment structure has been designed in accordance with Shariah principles.

The sponsor specializes in workforce housing supported by government rental guarantees and manages a portfolio with over USD 280 million in gross assets. This transaction includes approximately 1,600 rental units located in Baltimore, Pittsburgh, and Detroit.

The loan carries a three-year term, with two optional one-year extensions to allow time for refinancing or sale of the assets. Investors will receive quarterly distributions, generating an average annual post-tax yield of approximately 10.5%, net of fees and expenses. The ... Read more »

NEW YORK - Tuesday, 06. May 2025 AETOSWire  

7th Annual Report analyzes data on IT and data center outages including causes, costs and consequences

(BUSINESS WIRE) -- Uptime Institute today announced the release of its 7th Annual Outage Analysis 2025 keynote report. The prevention of data center outages continues to be a strategic priority for data center owners and operators. Infrastructure equipment has improved, but the complexity of modern architectures and evolving external threats presents new risks that operators must actively manage.

For the fourth consecutive year, Uptime Intelligence Research suggests that overall outage frequency and the general level of reported severity continue to decline. However, cyber security incidents are on the rise and often have severe, lasting impacts.

“Outages overall have slowed down,” said Andy Lawrence, founding member and executive director, Uptime Intelligence. “Data center operators ... Read more »