News Articles

PMI to Commit Additional USD 200 Million to Corporate Venture Capital Activities of PM Equity Partner LAUSANNE, Switzerland -Thursday 28 October 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) today announced its plans to dedicate a further USD 200 million to minority investments in early and growth-stage companies through PM Equity Partner (PMEP), PMI’s corporate venture capital arm. This allocation follows a 2016...

Cat Rock Capital Sends Letter to Just Eat Takeaway.com (“JET”) Board Urging Sale or Spin-Off of Grubhub by... -Thursday 28 October 2021  

JET Management Has Failed to Fix Deep and Damaging Undervaluation of Equity JET Stock Price Embeds Significant Negative Value for Grubhub Despite $10 billion of GMV Cat Rock Urges Immediate Action to Unlock Grubhub Value via Sale or Spin-Off (BUSINESS WIRE)-- Cat Rock Capital Management...

The International Telecom Community Awarded Nexign Microservices Platform Twice in a Week -Thursday 28 October 2021

(BUSINESS WIRE) -- Nexign (part of ICS Holding), an international provider of business support systems (BSS), has announced it won the MEA Technology Achievement Award and was shortlisted for another prestigious international award for the telecom industry, Glotel. The MEA Tech Award was...

Vonage and Etisalat Digital Announce Strategic Partnership, Offering Customised CPaaS solutions Across the UAE -Thursday 28 October 2021  

(BUSINESS WIRE) -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has announced a strategic partnership with Etisalat Digital, the business unit of Etisalat, driving digital transformation by enabling organisations to...

First Abu Dhabi Bank Cuts API Operational Costs by 57% With Kong -Wednesday 27 October 2021

(BUSINESS WIRE) -- Kong Inc., creators of the leading service connectivity platform, today announced that First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has deployed Kong’s service connectivity platform to modernize...

Boehringer Ingelheim and King’s College London Join Forces to Progress New Therapeutic Concepts in Major... -Wednesday 27 October 2021

(BUSINESS WIRE) -- Boehringer Ingelheim and the Institute of Psychiatry, Psychology & Neuroscience (IoPPN) at King’s College London today announced a new collaboration focused on understanding the malfunctions in brain circuits that drive impaired cognition in people with major depressive...

Philip Morris International Creates New Management Positions to Drive Multicategory Leadership and Accelerate the... -Wednesday 27 October 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) today announced that the company is establishing a category management structure for its smoke-free and combustible cigarettes businesses to accelerate the delivery of a smoke-free future. Stefano Volpetti, currently PMI’s...

Philip Morris International Accelerates Path to Carbon Neutrality -Wednesday 27 October 2021

(BUSINESS WIRE) -- As the urgency to adapt and take action to tackle the climate change crisis becomes more pressing, Philip Morris International Inc. (PMI) (NYSE: PM) today releases its Low Carbon Transition Plan (LCTP), which provides a transparent and detailed view on how we plan to achieve...

Vifor Pharma and Angion report topline results from phase-III registration trial of ANG-3777 in kidney transplant... -Wednesday 27 October 2021  

(BUSINESS WIRE) -- Regulatory News: AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Vifor Pharma and Angion Biomedica Corp. (NASDAQ: ANGN) today announced that the phase-III trial of Angion’s ANG-3777 did not demonstrate a statistically significant difference from placebo on the primary...

Andersen Global Enhances African Platform with Cameroon-Based Collaborating Firm -Tuesday 26 October 2021

(BUSINESS WIRE) -- Andersen Global enhances its African Platform with the addition of Cameroon-based collaborating firm Phoenix Advisory Limited. Phoenix Advisory includes Managing Partner Albert Désiré Zang and more than 10 professionals. The firm provides tax services to individuals,...

Ripple and Pyypl Debut New, First-in-Market Service in Middle East -Tuesday 26 October 2021  

(BUSINESS WIRE) -- Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments, announces the launch of RippleNet’s first-ever On-Demand Liquidity (ODL) deployment in the Middle East, together with Pyypl, the international blockchain-based financial...

Boehringer Ingelheim Partners with Thoeris to Investigate a Novel Approach to Treat Urea Cycle Disorders -Tuesday 26 October 2021  

Boehringer Ingelheim will be commencing a new collaboration with Thoeris GmbH with the goal of advancing a first-in-class approach for the treatment of urea cycle disorders (UCDs) independent of the underlying monogenetic cause UCDs are genetic disorders with highly variable onset and...

Rockefeller Capital Management to Open First International Office in London with the Formation of Rockefeller Asset... -Tuesday 26 October 2021

(BUSINESS WIRE)-- Rockefeller Asset Management (RAM), a division of Rockefeller Capital Management, with a long track record of investing in global equities and ESG investing has announced the formation of Rockefeller Asset Management International, to expand its European market presence. The...

Taulia Appoints Todd Musselman as Chief Wellbeing Officer -Tuesday 26 October 2021

(BUSINESS WIRE)-- Taulia, the leading fintech provider of working capital solutions, has today announced the appointment of Todd Musselman as Chief Wellbeing Officer, reflecting the business’ commitment to prioritizing employee wellbeing, happiness and development. Musselman brings with him...

O-RAN ALLIANCE Announces New Specifications, 3rd Global Plugfest and New Demonstrations of O-RAN Technology -Monday 25 October 2021

48 specification documents released since July 2021 3rd O-RAN ALLIANCE Global Plugfest underway with 77 companies at 7 venues 18 O-RAN demos presented at MWC Los Angeles 2021 or O-RAN Virtual Exhibition (BUSINESS WIRE)-- O-RAN ALLIANCE has released another set of technical...

Finalist Teams Selected in $10M ANA Avatar XPRIZE Competition -Sunday 24 October 2021

(BUSINESS WIRE)-- XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, announced today that 15 teams from 8 countries are advancing to the finals round of the $10M ANA Avatar XPRIZE competition. Sponsored by All Nippon Airways...

Patient Safety Movement Foundation Welcomes New Leadership -Sunday 24 October 2021

(BUSINESS WIRE)-- The Patient Safety Movement Foundation (PSMF), a global non-profit committed to achieving zero preventable patient harm and death across the globe by 2030, today announced Michael A.E. Ramsay, MD, FRCA as its new chief executive officer. Following his appointment, Mike Durkin,...

Dubai chosen as first city to host the return of Bloomberg Square Mile Relay series with new race format -Sunday 24 October 2021

The Bloomberg Square Mile Relay Dubai is back after a two-year absence and is set to take place on Wednesday, 9th February 2022 at the iconic Gate Building, Dubai International Financial Centre (DIFC).  The popular event has been operated by Square Mile Sport and hosted at one of the...

NetApp Expands Hybrid Cloud Solutions Portfolio to Unlock Best of Cloud -Saturday 23 October 2021

(BUSINESS WIRE)-- Today at INSIGHT 2021, NetApp® (NASDAQ: NTAP), a global cloud-led, data-centric software company, announced new additions and enhanced capabilities across its hybrid cloud portfolio to help organizations modernize their IT infrastructures and accelerate digital transformation....

Intelsat Announces Planned Retirement of Stephen Spengler as Chief Executive Officer   -Saturday 23 October 2021

(BUSINESS WIRE)-- Intelsat S.A. (OTC: INTEQ), operator of the world’s largest and most advanced integrated satellite and terrestrial network, announced today that Chief Executive Officer Stephen Spengler has decided to retire as CEO upon the Company’s emergence from its financial...