SHENZHEN, China. - Saturday, July 19th 2014 [ME NewsWire]

(BUSINESS WIRE) ZTE, one of the top global handset manufacturers, today announces one of the first few pre-loaded Google Now Launcher smartphones among non-Nexus and non-Google Play Experience devices worldwide to offer improved user experience and better value. The ZTE Blade Vec 4G smartphone with Google Now Launcher incorporates the Qualcomm® Snapdragon™ 400 processor and furthers ZTE’s strong relationship with Google and Qualcomm Technologies in growing the LTE market.

ZTE has worked closely with Google to pre-load Google Now Launcher onto several ZTE devices. The ZTE’s Blade Vec 4G smartphone on Android 4.4 and Snapdragon 400 processor with integrated multi-mode 3G/4G LTE is designed to deliver a better user experience that is supported by 3 modes (4G LTE-FDD, 3G UMGS/TD-SCDMA) and 9 radio frequency bands.

The ZTE Blade Vec 4G smartphone along with one other ZTE premium device ... Read more »

PARIS. - Friday, July 18th 2014 [ME NewsWire]

(BUSINESS WIRE) The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.40 per share of outstanding common stock. The dividend is payable on October 10, 2014 to stockholders of record at the close of business on September 3, 2014.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 126,000 people representing over 140 nationalities and working in more than 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues from continuing operations of $45.27 billion in 2013. For more information, visit www.slb.com.

Co ... Read more »

BARRINGTON, Ill. - Thursday, July 17th 2014 [ME NewsWire]

(BUSINESS WIRE) EcoPlanet Bamboo Group has hired three seasoned executives from $8.5 billion timber giant Weyerhaeuser (NYSE: WY) in a key step to ensure its continued success and global expansion, and has named Marvin Ray Risco as the Group president. “Ray Risco brings a unique set of high level global experience and success,” says Troy Wiseman, CEO of EcoPlanet Bamboo. Risco began his career in forestry as Financial Director for Weyerhaeuser Forestlands International and rose to become Vice President of International Operations, covering operations in Latin America, Europe and Asia before most recently being named as President of Weyerhaeuser Solutions. “Ray brings a wealth of financial, operational and managerial expertise and the know-how to develop those processes within large companies, which we can now effectively apply at EcoPlanet Bamboo,” says Wiseman.

Joining Risco to form pa ... Read more »

INGELHEIM, Germany. - Thursday, July 17th 2014 [ME NewsWire]
(BUSINESS WIRE) For non-U.S. Media Only
Boehringer Ingelheim today announced that for the first time the U.S. Food & Drug Administration (FDA) has granted Breakthrough Therapy designation for a treatment in idiopathic pulmonary fibrosis (IPF), a devastating and fatal lung disease. Nintedanib* is an investigational therapy currently under FDA and European Medicines Agency (EMA) review for IPF.
“We’re excited nintedanib* has been granted Breakthrough Therapy designation in the US, which we hope will make the treatment available to IPF patients as quickly as possible. Currently there are no FDA-approved treatments available for IPF. We are committed to working with all regulatory bodies to make nintedanib* available to people living with this serious and life-threatening lung disease,” said Professor Klaus Dugi, Chief Medical Officer, Boehringer Ingelheim.
The Breakthrough Therapy ... Read more »

NEW YORK. - Thursday, July 17th 2014 [ME NewsWire]

(BUSINESS WIRE) 21st Century Fox (NASDAQ: FOXA, FOX) today issued the following statement confirming press reports that it made a proposal to combine with Time Warner Inc.:

“21st Century Fox can confirm that we made a formal proposal to Time Warner last month to combine the two companies. The Time Warner Board of Directors declined to pursue our proposal. We are not currently in any discussions with Time Warner."

About 21st Century Fox

21st Century Fox is the world's premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching more than 1.5 billion subscribers in approximately 50 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, FOX Sports, Fox Sports Network, National Geographi ... Read more »

-Toshiba Supplies 3 x 60MW STGs for Sarulla Geothermal Power Plant in Indonesia-

TOKYO - Wednesday, July 16th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502), today announced that is has been awarded a major contract to supply 3 x 60-megawatt geothermal steam turbines and generators (STG) for one of the world’s largest geothermal power plants, the Sarulla geothermal power plant project, which is now under construction in Tapanali Utara in Indonesia’s North Sumatra.

Toshiba, the world’s leading supplier of geothermal power generation equipment, was awarded the contract by Sarulla Operations Ltd. (SOL), a four-company consortium of Itochu Corporation and Kyushu Electric Power Co. Inc. of Japan, PT Medco Power Indonesia of Indonesia, and ORMAT International, Inc. of the U.S.A. The engineering, procurement and construction (EPC) contractor is Hyundai Engineering and Construction Co., Ltd. (HDEC). Toshiba will start to suppl ... Read more »

PHILADELPHIA - Wednesday, July 16th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Iroko Pharmaceuticals, LLC, a global specialty pharmaceutical company dedicated to advancing the science of analgesia, today announced that its affiliate, Iroko Pharmaceuticals Inc., has signed a licensing agreement with EMS around the exclusive rights to market and sell ZORVOLEX® (diclofenac) capsules in Brazil. EMS will be responsible for obtaining regulatory and pricing approval, as well as the marketing and supply of the medication, in that territory. ZORVOLEX was approved by the United States Food and Drug Administration (FDA) in October 2013 for the treatment of mild to moderate acute pain in adults and is now available by prescription. ZORVOLEX is not currently approved for marketing in any other country.

“This new strategic partnership will allow us to utilize the expertise and knowledge of EMS to further expand access and availability of ZORVOLEX to regions outside of the Unit ... Read more »

Former Shopping.com CEO and eBay executive with deep ecommerce, marketing and advertising expertise set to position LivingSocial for growth in evolving market

WASHINGTON - Wednesday, July 16th 2014 [ME NewsWire]

(BUSINESS WIRE)-- LivingSocial today announced that Gautam Thakar will be joining the company as its new Chief Executive Officer and President. He will assume the role previously held by Tim O’Shaughnessy, who announced earlier this year his intention to step down.

“We knew we wanted a new CEO with the ability to drive the business forward with energy, vision and deep ecommerce knowledge. The Board and I met with a number of exceptional candidates, and we all believe that Gautam is the perfect fit for the future of LivingSocial,” stated O’Shaughnessy.

Thakar joins LivingSocial from eBay Inc., where he has spent over a decade in general management and leadership roles. As CEO of Shopping.com (an eBay acquisition), he dro ... Read more »

SANTA CLARA, Calif. - Monday, July 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- eASIC Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced the appointment of Ron Jankov to the company’s Board of Directors. Mr. Jankov was recently Senior Vice President and General Manager of Processors and Wireless Infrastructure at Broadcom Corporation. Prior to Broadcom, Mr. Jankov was the president and CEO of NetLogic Microsystems Inc, where he led the company from its pre-revenue stage to an IPO (initial public offering) and later sold to Broadcom Corporation for $3.7 billion.

"Ron’s demonstrated ability to successfully build and grow companies makes him a tremendous addition to our board of directors,” said Ronnie Vasishta, president and CEO at eASIC Corporation. “His ability to innovate in both technology and business will be extremely valuable as we build on our market expansion and aggressive growth ramp.” ... Read more »

FARNBOROUGH, England - Tuesday, July 15th 2014 [ME NewsWire]

(BUSINESS WIRE)-- SMBC Aviation Capital, the world’s third largest aircraft lessor, announces that it has placed a firm order with Airbus for 110 A320neo aircraft and five A320ceo aircraft in a deal worth around $11.8bn at list prices.

The deal is the largest single-aisle aircraft order ever placed by a lessor and the largest aircraft order of any kind by a Japanese-owned lessor. As part of the order, SMBC Aviation Capital has options to convert the majority of the A320neo aircraft and all of the A320ceo aircraft into the A321 variants. The company will announce its engines selection at a later date.

Commenting on the deal, Peter Barrett, CEO of SMBC Aviation Capital, said: “This is a landmark order for SMBC Aviation Capital and indeed for the wider aircraft leasing industry, and I am delighted to be continuing the close and long-standing relationship that our business enjoys with Airbus ... Read more »