Business Wire

Gallant Capital Partners (“Gallant”) announced the final closing of Gallant Capital Partners Fund II (“GCP II”) at $406 million, a meaningful increase over Gallant’s first fund. Gallant was founded in 2018 and has completed over 30 transactions to date with over $1.2 billion in assets under management. GCP II will continue to deploy its OTX strategy by targeting investments in the technology, ...

INVIDI Technologies, the global leader in targeted, addressable advertising and innovation, announces an industry-transforming partnership with Thaicom, a leading Asian satellite and space tech company and PSI, Thailand’s largest satellite network and set-top box provider, to launch addressable advertising, an innovative technology that enables advertisers to deliver personalized ads to specif...

A new study from researchers in Carnegie Mellon University’s College of Engineering found that ride-hailing apps like Uber and Lyft have helped to mitigate racial discrimination against Black passengers. The study builds on prior research that concluded using a Black-sounding name results in up to double the cancellation rate as when using a White-sounding name, but despite that substantial d...

With significant achievements of global sustainable development, FAW HONGQI, a renowned representative of Chinese automobile brands, was recently awarded the "Best Case in International Environmental Protection Cooperation" at the first Sino-European Corporate ESG Best Practice Conference held in Frankfurt, Germany. This press release features multimedia. View the full release here: https://ww...

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) 721-72...

Taicang High-Tech Industrial Development Zone (THIDZ), located in Jiangsu Province, eastern China, was recently recognized as the "Best ESG Community in Sino-European Economic and Trade Cooperation" at the first Sino-European Corporate ESG Best Practices Conference held in Frankfurt, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/...

Stonebriar Commercial Finance (“Stonebriar”), a leading provider of asset-based private credit solutions with $7.3 billion of owned and serviced assets, announces that Nicholas Sandler has assumed the role of Chief Executive Officer. Sandler, who has served as Stonebriar’s President since June 2021 and co-founded the business, succeeds fellow co-founder Dave B. Fate, who is stepping down after...

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930168364/en/Mastercard an...

SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on the acceleration of UAE’s unconventional oil and gas pro...

Copeland, a global leader in sustainable climate solutions, announced today that it has transitioned its extensive product portfolio to align with the Copeland brand. This rebranding initiative represents a significant milestone in Copeland’s journey as a stand-alone company, further solidifying its commitment to delivering innovative climate solutions across global commercial, industrial, ref...

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 o...

HCLTech, a leading global technology company, today released its report, ‘Cloud Evolution: Mandate to Modernize,’ offering a comprehensive analysis of how enterprises are reshaping their cloud strategies to drive innovation and business transformation. “Cloud is not just a technology investment; it is fundamental to how businesses modernize. The convergence of cloud, GenAI and the acceleratio...

Berkshire Hathaway Specialty Insurance (BHSI) today announced it has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Caroline as Head of Casualty, UK. “Caroline has done an excellent job steering our casualty business in the UK, prioritizing consistency and stability for our customers and brokers,” said H...

Topcon Positioning Systems has announced the appointment of Antonio Marzia as executive vice president and general manager of Topcon Agriculture. Marzia succeeds Albert Zahalka — who has retired after a distinguished career with the company — and will report to Ivan Di Federico, president and CEO of Topcon Positioning Systems. This press release features multimedia. View the full release here:...

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Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, is pleased to announce the acquisition of all the assets of Dimien Inc., a private U.S. vanadium cathode materials company. Pure Lithium acquired Dimien’s intellectual property, know-how, manufacturing equipment and took on its experienced team, accelerating the development of Pu...

Suzano, the world's largest pulp producer, today completes the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled. The acquisition of the mills in Pine Bluff and Waynesville, that manufacture liquid packaging board and cupstock, adds approximately 420,000 me...

Menlo Security, the pioneer of Secure Enterprise Browsers, today announced the company has surpassed $100 million in annual recurring revenue (ARR) and achieved 50% growth in the last 24 months. More than 1,000 global enterprises and government agencies rely on Menlo Security to provide a safe and secure browsing experience, on any browser and any device. "Hitting $100M ARR is a powerful vali...

Digi International (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced the launch of Digi 360, an all-new subscription-based solution supporting ease-of-use, deployment visibility and optimized ROI for Digi cellular routers. This press release features multimedia. View the full release here: https://www.busines...

Arthur D. Little today released the 2024 edition of its Future of Automotive Mobility study, highlighting the key trends and challenges facing the global automotive market. Based on primary research with over 16,000 consumers in 25 countries, it demonstrates that predictions from the last decade of a world of connected, autonomous, shared and electric (CASE) mobility are far from becoming a re...

Mainstay Medical today announced that the United States Centers for Disease Control and Prevention (CDC) has designated an International Classification of Diseases, Tenth Revision, Clinical Modification (ICD-10-CM) diagnosis code specifically for multifidus dysfunction in the low back. The new diagnosis code – M62.85: dysfunction of the multifidus muscles, lumbar region – went into effect on O...

The Green Mobility Hall at the Water, Energy, Technology and Environment Exhibition (WETEX) hosts leading local and international companies specialising in mobility, transport and green mobility logistics. The Green Mobility Hall highlights the most prominent innovative solutions and practices that use the latest technologies in the individual and public sustainable transport sector. These sol...

At the UP.Summit, J.B. Hunt Transport Inc., one of the largest supply chain solutions providers in North America, and UP.Labs, a first-of-its-kind venture lab unlocking the future of transportation and mobility, announced their establishment of the Logistics Venture Lab (LVL). The logistics and freight-focused lab will aim to launch as many as six startups over the next three years to solve c...

FIDO AI Ltd – the software company helping to rapidly improve global water resilience using AI-led non-revenue water (NRW) reduction and curated water data insights – today announced that it has raised Series B funding required to further scale its business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002497960/en/ The investm...

Taiba Investments, a leader in Saudi hospitality and real estate, has unveiled a strategic partnership with Hilton (NYSE: HLT) to bring the iconic Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah. Signed during the Future Hospitality Summit (FHS) World in Dubai, this agreement underscores Taiba Investments’ ongoing expansion into the high-end hospitality market and furthe...

Arthur D. Little has announced a strategic partnership with Mathlabs, a cutting-edge innovator in AI-driven company analytics. The objective of this joint offering is to use AI to improve Open Innovation success rates for global corporates and investors, and transform how businesses approach data analytics, subject matter expertise and strategic decision-making. This press release features mul...

Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced the release of its new Digimarc Recycle sortation software. This technological advancement reduces the cost of Digimarc Recycle-compliant hardware by nearly 50%, significantly lowering the barrier of entry for recycling and waste sortation facilities around the world that ar...

CAI, a global professional services firm and trailblazer in operational readiness and excellence, today announced Sheena Dempsey as Chief Executive Officer (CEO). Dempsey is a widely respected and highly accomplished C-Suite executive with more than 25 years of expertise in global business transformation, sales and operations, P&L management and creating and nurturing high performing teams...

OptConnect, a leader in managed wireless services, today announced it has acquired Netherlands-based Capestone, a provider of 4G and 5G IoT solutions across Europe. Capestone follows the acquisition of Premier Wireless Solutions and M2M DataGlobal, which were completed in November 2021 and January 2024, respectively. Together these businesses create a premier global managed wireless connectivi...

One year after announcing their partnership to solve business challenges through innovation, Alaska Airlines and UP.Labs have officially announced their first new startup, Odysee, at the UP.Summit. Odysee, which launched with $5M in seed funding led by UP.Partners, is focused on lending powerful AI and computing power to inform real-time tradeoff decisions in planning for and managing operatio...

Saudi traditional arts are set to reach new global audiences as the Royal Institute of Traditional Arts (Wrth) participates in the Saudi Cultural Week in Greece from September 27 to October 1. The event, titled “The Heritage of Two Cultures," explores Saudi heritage through the lens of "Al-Qatt Al-Asiri" art. Wrth offers a series of interactive workshops, including a highlight on the creation ...

On October 15, 2024, Lenovo will host its annual global innovation event, Tech World, in Bellevue, Washington. This marks the 10th consecutive year of the event and reflects a decade of innovation and transformation from the company. This year’s event will explore how Lenovo is delivering on the promise of artificial intelligence (AI) with end-to-end solutions fueling its mission of Smarter AI...

Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, is delighted to unveil its new global derivatives venue in Bermuda, as it prepares to open up a fast-expanding part of the space to clients looking for a properly licensed venue in a sophisticated, internationally respected jurisdiction. Reflecting the 24/7 nature of the crypto market, Kraken clients can tra...

The Estée Lauder Companies (NYSE: EL) (“ELC”) is pleased to announce the winners for The Catalysts program. Created by ELC’s New Incubation Ventures (“NIV”) and launched with support from TikTok, the integrated, global initiative is aimed at spotlighting, uplifting, and empowering emerging storytellers with fresh visions for the beauty industry. The program underscores NIV's dedication to cham...

Sonar, the leading Clean Code solution provider, today announced two new product capabilities for today’s AI-driven software development ecosystem. These new capabilities are designed to support better software development in two critical and distinct ways – Sonar AI Code Assurance and Sonar AI CodeFix improve the quality of code produced by generative AI and enhance Sonar’s offering with AI t...

Ailís Daly has joined WebPurify as Head of Trust & Safety, EMEA, as it expands the company's services in the region. The appointment is in response to the growing regulatory demands and increased need for robust content moderation across digital platforms in EMEA. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003715648/en/We...

Visa (NYSE: V), a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through the Visa Tokenized Asset Platform (VTAP), a new product designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks. The VTAP solution is available on the Visa Developer Platform for participating financial institution partners, to c...

Visa (NYSE:V), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of commercial payment solutions, complementary capabilities and integrations into a range of fintech services, making it easier for them to manage their...

Orbis Medicines, a leader in oral macrocycle drug discovery, today announced a significant expansion of its operations and capabilities by establishing itself at Symbion’s new biotech hub in Fuglebakken, Copenhagen. Symbion is Denmark’s largest start-up ecosystem. The site will host further R&D personnel and executive team members, complementing Orbis’ existing location in Lausanne, Switze...

MT Group, an EPC contractor engaged in strategic energy and industrial infrastructure projects across Europe, has signed a large-scale construction agreement with the energy developer, Gasfin Development (Gasfin). The contract includes the construction and installation of a 60MW heater facility for Gasfin, to be installed at the Brunsbüttel FSRU liquefied natural gas (LNG) terminal, operated b...

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, strengthened its partnership with Currys, a leading UK retailer of technology products and services, by enabling transformation of its omni-channel retail customer experiences leveraging Salesforce Service Cloud, Commerce Cloud and MuleSoft. This partnership was recognised with the Salesforce Pa...

New York Life Investments today announced plans to liquidate the following ETFs (the “Funds”) as part of the company’s regular review of its product line-up: NYLI 500 International ETF (IQIN) NYLI CBRE NextGen Real Estate ETF (ROOF) NYLI Engender Equality ETF (EQUL) The Funds will cease trading and no longer accept creation or redemption orders after market close on November 20, 2024. ...

Belfast’s iconic Thompson Dry Dock, known as the ‘birthplace of Titanic’, came alive with light and sound this September during an immersive production highlighting the city’s maritime heritage. For the first time ever, the slipway hosted the ‘Shadowdock’ event as part of Belfast 2024, a year-long celebration focused on the themes of People, Place & Planet. Hundreds of attendees embarked o...

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that it has signed a $54.5 million contract with the United States Air Force Research Lab (AFRL). With a quarter remaining in the fiscal year, IonQ has announced $72.8 million in bookings year-to-date and reiterated its confidence in meeting or exceeding its bookings guidance of $75-95 million for the year. Governm...

Geoquip Marine, a provider of geotechnical services to the global offshore energy sector and Njord Partners portfolio company, is pleased to announce the appointment of Rune Olav Pedersen as CEO, effective from 1st January 2025. Rune’s deep sector experience is very closely aligned with Geoquip’s expertise. He has spent the last 14 years at PGS, the Oslo-listed, fully-integrated marine geophy...

The SES Board of Directors has approved the payment of an interim dividend of EUR 0.25 per A-share (EUR 0.1 per B-share) to be paid to shareholders on 17 October 2024, in line with the announcement made in February 2024 and SES’s commitment to shareholder returns. The implementation of a semi-annual dividend distribution brings greater alignment between the cash generation of the business and...

For EU media only Daiichi Sankyo Europe, (hereafter, Daiichi Sankyo) today announced final 2-year follow-up data from the German cohort of the multinational, European observational MILOS study.1 The study evaluated the real-world use of bempedoic acid, marketed as NILEMDO®▼ and its FDC with ezetimibe, NUSTENDI®▼, in patients with primary hypercholesterolaemia or mixed dyslipidaemia. The resu...

Kioxia Corporation, a world leader in memory solutions, and MoDeCH Inc., a leading developer of modeling and design technology, announced the development of an industry first probing system for high-frequency characteristic measurement for three-dimensional (3D) objects up to 110 GHz at The European Microwave Conference (EuMC) on September 26(1). This press release features multimedia. View th...

LambdaTest, a leading cloud-based unified testing platform, officially introduced its Professional Services, designed to transform how organizations achieve quality engineering excellence. This service offers a comprehensive suite of end-to-end testing solutions, powered by AI-driven technology, ensuring maximum test coverage, optimized test scripts, and seamless framework migrations. The new...

The annual World Free Zones Organization (World FZO) World Congress has announced the official lineup of key speakers for its 10th edition, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The event will take place at Madinat Jumeirah Conference and Events Centre from 23-25 September. This press rel...

Radico Khaitan Limited (NSE: RADICO), a leading Indian Made Foreign Liquor (IMFL) company and the parent company of Rampur Distillery officially unveils Rampur’s newest expression of Indian Single Malt Whisky, the Barrel Blush at Whisky Live Paris 2024. The international spirits tasting event will be held from 28 September to 30 September at La Grande Halle de La Villette in Paris. This press ...

At the G20 Tourism Ministers' meeting in Belém, Brazil, UN Tourism Secretary-General Zurab Pololikashvili emphasized the vital role tourism plays in shaping a fairer and more sustainable future for both people and the planet. With the sector expected to fully recover pre-pandemic levels by the end of this year, Pololikashvili urged a shift in focus towards the future, prioritizing the empowerm...

Incyte (Nasdaq:INCY) today announced new early clinical data for INCB123667, a highly selective, potential first-in-class CDK2 inhibitor, in patients with advanced solid tumors. The trial results, presented during a mini-oral presentation at the European Society of Medical Oncology (ESMO) with new, updated data shared during the Company’s investor event, highlight the potential of INCB123667 a...

Incyte (Nasdaq:INCY) today announced results from the Phase 3 POD1UM-303/InterAACT2 trial of retifanlimab (Zynyz®), a humanized monoclonal antibody targeting programmed death receptor-1 (PD-1), in combination with platinum-based chemotherapy (carboplatin–paclitaxel) for the treatment of adults with inoperable locally recurrent or metastatic squamous cell anal carcinoma (SCAC). These data were ...

Irdeto, the global leader in digital video platform experiences and security, and Bitmovin, the industry leader in video software solutions, today announced a strategic partnership to deliver enhanced secure video streaming experiences. This collaboration integrates Bitmovin’s renowned Player and Analytics suite into Irdeto Experience, the award-winning streaming platform trusted by top-tier o...

SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling so...

SK pharmteco, a global contract development and manufacturing organization (CDMO), today announced a major expansion of its small molecule and peptide production capabilities with a $260 million investment to construct a new state-of-the-art facility in Sejong, South Korea. Scheduled to begin operations in late 2026, the new facility will be the fifth plant the company opens in South Korea an...

The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, has launched its inaugural Digital Economy Navigator (DEN) that enables countries to better navigate the paths to digital economy maturity, find opportunities for growth, benchmark progress, and bridge the g...

Personio, Europe’s leading HR software company for small and mid-sized businesses, has today announced a series of advancements designed to alleviate the burden of manual and time-intensive administrative tasks for HR teams, and free them up to focus on delivering impact for their organizations. This press release features multimedia. View the full release here: https://www.businesswire.com/n...

The second day of the 11th Annual World Patient Safety, Science & Technology Summit, presented by the Patient Safety Movement Foundation (PSMF) on the UC Irvine campus, underscored the theme of collaboration as essential in creating a future in which no patients are harmed by preventable medical errors and technologies continue to evolve at an accelerated pace to advance patient care. This...