Raises $253 million led by Ford and joined by new investor Microsoft

SAN FRANCISCO - Friday, May 6th 2016 [ME NewsWire]

    Series C financing raises $253 million in new cash led by Ford Motor Company, in conjunction with new investor Microsoft
    Ford investment reinforces Pivotal’s momentum and expertise in the automotive industry
    Microsoft’s investment is a result of significant and growing customer demand for Pivotal Cloud Foundry on Microsoft Azure
    April 2016 marked Pivotal’s three-year anniversary
    30% of the Fortune 100 currently work with Pivotal

(BUSINESS WIRE)-- Pivotal®, the company accelerating digital transformation for enterprises, today announced that it expects to close a Series C financing round highlighted by $253 million in new cash, led by new investor Ford Motor Company, in conjunction with Microsoft and all ... Read more »

LAUSANNE, Switzerland - Wednesday, May 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Philip Morris International (NYSE/Euronext Paris: PM) today comments on the judgment of the Court of Justice of the European Union following its legal review of the EU’s Tobacco Products Directive (“TPD”).

Marc Firestone, Senior Vice President and General Counsel of Philip Morris International, said:

“Today’s judgment is specific to detailed aspects of EU law, and reflects the substantial deference that the Court of Justice often shows to the EU institutions when reviewing EU legislation.”

The Court’s opinion clarifies that the TPD does not necessarily preclude a Member State from adopting plain packaging, providing it can show that the measure respects private property, a competitive marketplace, and consumer access to information, and that it complies with domestic, European, and international law.

PMI and Member States p ... Read more »

LONDON - Tuesday, May 3rd 2016 [ME NewsWire]

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) will hold a conference call on July 22, 2016 to discuss results for the second quarter ending June 30, 2016.

The conference call is scheduled to begin at 7:00 am (US Central time), 8:00 am (US Eastern time) and 1:00 pm (London time). Until further notice, Schlumberger quarterly earnings calls will occur at this time. A press release regarding the Company’s results will be issued on July 21, 2016 after close of market.

To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.”

A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 m ... Read more »

Under the Slogan ‘Because You Are Distinguished’

ABU DHABI, United Arab Emirates - Wednesday, May 4th 2016 [ME NewsWire]

On Wednesday, Brigadier Hamad Khamis Al Dhaheri, Deputy Head of the Punitive and Correctional Establishments Department at the Ministry of Interior attended the Annual Forum for honoring distinguished employees, committees, and work teams. The event was organized by the General Directorate of Correctional and Punitive Establishments at Ajman Palace Hotel in Ajman under the slogan ‘Because You Are Distinguished’, in order to recognize their efforts of partners in carrying out their duties in 2015.

In his opening speech, Brigadier Al Dhaheri said: “This Forum falls in line with the general policy of the Ministry of Interior, and the strategy of the General Directorate of Correctional and Punitive Establishments that aims to honor distinguished members who show excellence in their work, and have earned this privil ... Read more »

BEIJING - Wednesday, May 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- JAC showcased more than 40 major products at the Beijing Auto Show this year, focusing on the company’s achievements in producing quality commercial and passenger vehicles. The development of efficient new electric and diesel models was at the forefront of JAC’s display, delivering on the company’s mantra ‘Integrity, Quality, Technology and Life’.

The stylish and efficient iEV6S arrives

Having built up considerable experience in the research and development of new-energy cars over the last decade, JAC is well positioned to deliver the stylish and efficient iEV6S to the market. Powered by an advanced Samsung lithium-ion battery, the iEV6S has a range of up to 300km, while ensuring high-performance with its 85kW of power and 270Nm of torque.

JAC has developed a number of advanced techniques in order to maximize the range and power of the iEV6S, when compared ... Read more »

ABU DHABI, United Arab Emirates - Tuesday, May 3rd 2016 [ME NewsWire]

The UAE Athletics Federation celebrated the great achievement attained by Rashed Butti Al Qubaisi, former runner in the UAE Athletics Team, and coach for the Abu Dhabi Police Team, who ranked first in the Spartan Race, which was held in the Kingdom of Bahrain earlier this month, representing the United Arab Emirates and the Abu Dhabi Police General Headquarters.

 Major Saad Awad Al Mehri, Secretary General of the UAE Athletics Federation, praised runner Rashed Butti Al Qubaisi’s achievement, which is testament to the UAE Nationals' capability to achieve innovation and excellence in Gulf and international arenas.

Runner Al Qubaisi received a shield and a certificate of appreciation from the Moroccan Olympic champion Said Aouita, Sports Advisor at the UAE Federation of Athletics, in the ceremony that was attended by a number of sports officials from the UAE and abroad.

... Read more »

Held under the Slogan ‘We Care about Your Safety’

ABU DHABI, United Arab Emirates - Tuesday, May 3rd 2016 [ME NewsWire]

The United Arab Emirates joins brotherly Arab nations in marking the Arab Traffic Week. The events will be held from May 4-10 under the slogan ‘We Care about Your Safety’.

Brigadier Ghaith Hassan Al Zaabi, Director General, Traffic Coordination General Directorate at the Ministry of Interior said: “Celebrating this year’s Arab Traffic Week under the slogan ‘We Care about Your Safety’ highlights the importance of traffic safety as a shared responsibility for all road users. This event embodies the sense of shared humanitarian and social responsibility towards traffic safety.”

The Arab Traffic Week is one of the most important events hosted by the traffic departments in Arab countries, and includes a myriad of programs and activities, with purposeful meetings, forums, lectures, fiel ... Read more »

ABU DHABI, United Arab Emirates - Tuesday, May 3rd 2016 [ME NewsWire]

The pavilion of the Abu Dhabi Police, represented by the Selection and Recruitment Department at the Fujairah Career Fair attracted a large turnout of UAE nationals of secondary and scientific certificates holders who are seeking employment opportunities.

Brigadier Obeid Salem Obeid Al Ketbi, Director General of Human Resources, stressed that the Abu Dhabi Police’s participation in the Fair contributes to enhancing the Emiratization plan, and creating new job opportunities in the Emirate of Abu Dhabi. “The Ministry of Interior dedicates a great deal of attention to attracting UAE nationals and provide career opportunities for citizens seeking jobs in the police institution”, he added.

Additionally, Brigadier Al Ketbi indicated that the Abu Dhabi Police’s pavilion received hundreds of employment applications throughout the days of the exhibition. “Job fairs help ... Read more »

HOUSTON. - Tuesday, May 3rd 2016 [ME NewsWire]

(BUSINESS WIRE)-- Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) (JSE:K) announced today the Island Constructor light well intervention (LWI) vessel has successfully completed work on the Oyo-8 well and the Company has resumed production from the well.

Erin Energy will now begin a ramp up of production from the well over the next few days to pre-shut in levels of approximately 7,000 barrels of oil per day. The vessel performed LWI service on the Oyo-8 well, to open the sub-surface controlled sub-surface safety valve (SCSSV), which failed to re-open following a planned production curtailment in the Oyo field.

“We are pleased to have Oyo-8 back on production with the work completed on time and within budget,” said Segun Omidele, Chief Operating Officer. “I thank the team and our service partners for their quick and efficient work.”

Eri ... Read more »

ATLANTA - Wednesday, May 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- In a move to delight the Indian expat community, YuppTV, the world’s largest Over-The-Top (OTT) provider for South Asian content, has announced the digital premiere of two super-hit movies, Oopiri and Thozha. The movies, which stars renowned actors such as Nagarjuna Akkineni, Karthi, Tamannah, Prakash Raj and Jayasudha, will be made available for YuppTV users across the world, except India.

The Indian Telugu-Tamil comedy-drama film adaptation of the French film The Intouchables, Oopiri (Telugu) and Thozha (Tamil) are directed by Vamsi Paidipally and chart the life of a paraplegic billionaire Vikram Aditya, played by Nagarjuna, and his topsy-turvy relationship with his caretaker Seenu, enacted by Karthi. The unique concept of the movies and the performances has been appreciated by both critics and the viewers, resulting in their superlative success.

Speaking on the announcement, Uday Reddy ... Read more »