Financial News from Business Wire

  • Blackstone Names Liping Zhang as its Chairman for Greater China Business Wire - Sat, Jul 4, 2015 10:00 AM AEST

    NEW YORK--(BUSINESSWIRE)-- Blackstone (NYSE:BX - News) today announced that it has named Liping Zhang as a Senior Managing Director and its Chairman for Greater China. Based in Hong Kong, Mr. Zhang will advise and provide guidance to firm management and its regional business units as the firm continues to expand its presence in the region. Mr. Zhang has more than 30 years of financial industry, corporate management and government sector experience.

  • SemiLEDs to Announce Fiscal Third Quarter 2015 Financial Results on Thursday, July 9, 2015 Business Wire - Sat, Jul 4, 2015 6:01 AM AEST

    HSINCHU, Taiwan--(BUSINESSWIRE)-- SemiLEDs Corporation (NASDAQ: LEDS), will report financial results for the 2015 fiscal third quarter ended May 31, 2015 and outlook for the fiscal fourth quarter after ...

  • Growing Energy Demand Will Increase the Wind Turbine Market in India Through 2019: Technavio Business Wire - Sat, Jul 4, 2015 1:35 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio has published a new report on the wind turbine market in India , which is expected to grow at a CAGR of more than 13% from 2015-2019. About the Report The new Technavio ...

  • Technavio Publishes New Industry Analysis on the SMB IT Market in BRIC Countries 2015-2019 Business Wire - Sat, Jul 4, 2015 1:00 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio has published a new report on the SMB IT market in BRIC, which is expected to grow at a CAGR of almost 11% from 2015-2019. “The government of India is promoting project Baadal, a cloud computing platform for SMBs to improve efficiency and competitiveness,” says Faisal Ghaus, Vice President of Technavio. The new Technavio report covers the present scenario and growth prospects of the SMB IT market in BRIC from 2015-2019.

  • Technavio Says the Increased Acceptance of Connected Services Will Expedite the Smartwatch Market in … Business Wire - Sat, Jul 4, 2015 12:35 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio has published a new report on the smartwatch market in Japan , which is expected to grow at a CAGR exceeding 96% from 2015-2019. About the Report The new report by Technavio ...

  • DVDFab Flaming July Offer: You May Qualify for a 50% Off Coupon Business Wire - Fri, Jul 3, 2015 11:00 PM AEST

    BEIJING--(BUSINESSWIRE)-- On July 3, 2015, Fengtao Software, the industry leader in the field of DVD, Blu-ray and video backup solutions, rolls out for the first time the Flaming July Offer, offering both ...

  • AVATA, Inc. Goes Green by Sponsoring a Global Initiative Business Wire - Fri, Jul 3, 2015 10:41 PM AEST

    WHEAT RIDGE, Colo.--(BUSINESSWIRE)-- AVATA, Inc. announces Charitable Support for Blue Waves Global Campaign’s “Rally for the Rangers,” where an International team of riders will buy and deliver new motorcycles ...

  • LYCOS and Slingshot Power Partner to Help Homeowners See the Benefits of Solar Business Wire - Fri, Jul 3, 2015 10:00 PM AEST

    WALTHAM, Mass.--(BUSINESSWIRE)-- LYCOS has announced it has joined forces with Slingshot Power, a clean energy company in the process of going national and one of the major players in the clean energy movement, to encourage energy conservation and simplify the transition for homeowners. As part of the partnership, LYCOS and Slingshot are jointly developing an interface for Slingshot’s energy system that provides homeowners with access to information regarding their energy usage. The LYCOS Life band and ring will serve as a point of entry into this system, using LYCOS Life’s Tap2Transfer Technology to provide users with detailed energy reports that will allow them to easily monitor their home energy production and consumption.

  • ZTE Positive on M-ICT Opportunities in France After Toulouse Summit Business Wire - Fri, Jul 3, 2015 7:49 PM AEST

    TOULOUSE, France--(BUSINESSWIRE)-- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, anticipates ...

  • NCKU President to Visit Austria, Slovakia and Czech Republic Business Wire - Fri, Jul 3, 2015 7:14 PM AEST

    TAINAN, Taiwan--(BUSINESSWIRE)-- Prof. Huey-Jen Jenny Su will begin her first European visit as President of National Cheng Kung University (NCKU) on July 7, when she travels to Austria, Slovakia and Czech ...

  • Panasonic to Open 'Wonder Life-BOX' with Future Lifestyles in Tokyo Business Wire - Fri, Jul 3, 2015 5:29 PM AEST

    OSAKA, Japan--(BUSINESSWIRE)-- Panasonic Corporation will open a showcase that presents future lifestyles for 2020 and beyond at the Panasonic Center Tokyo, the company’s global communications hub for linking Panasonic and its customers.

  • Japan’s Ministry of Health, Labour and Welfare Approves Gilead’s Harvoni®, the First Once-Daily Single … Business Wire - Fri, Jul 3, 2015 4:00 PM AEST

    FOSTER CITY, Calif.--(BUSINESSWIRE)-- Gilead Sciences, Inc. (NASDAQ:GILD - News) today announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has approved Harvoni® (ledipasvir 90 mg/sofosbuvir 400 mg), the first once-daily single tablet regimen for the treatment of chronic hepatitis C genotype 1 infection in adults. Harvoni is indicated for the suppression of viremia in patients with genotype 1 chronic hepatitis C virus (HCV) infection with or without compensated cirrhosis, with a treatment duration of 12 weeks. “Today’s approval significantly advances the standard of care for chronic hepatitis C in Japan, as it eliminates the need for interferon and ribavirin, which can be difficult to take and to tolerate, and offers the majority of people with genotype 1 infection to be cured in as little as 12 weeks with a once-daily pill,” said Professor Masashi Mizokami, MD, PhD, The Research Center for Hepatitis and Immunology, National Center for Global Health and Medicine, Ichikawa, Japan.

  • Technip Samsung Consortium Awarded Contracts for the Browse FLNG Project Business Wire - Fri, Jul 3, 2015 3:00 PM AEST

    PARIS--(BUSINESSWIRE)-- Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY): Technip Samsung Consortium was awarded two contracts by Shell for the Browse floating liquefied natural gas ...

  • Kyocera Announces Filing of Annual Report on Form 20-F for the Year Ended March 31, 2015 Business Wire - Fri, Jul 3, 2015 12:00 PM AEST

    KYOTO, Japan--(BUSINESSWIRE)-- Kyocera Corporation (NYSE:KYO) (TOKYO:6971) (ISIN:JP3249600002) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the year ended March ...

  • A.M. Best Affirms Ratings of DPL Insurance Limited Business Wire - Fri, Jul 3, 2015 3:06 AM AEST

    SINGAPORE--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of DPL Insurance Limited (DPL) (New Zealand). In addition, the company continues to maintain a diversified book of reverse mortgages, which exhibits relatively low credit, market and interest risks. For many years, interest income from these reverse mortgages has been an important contributor to DPL’s operating performance, and from time to time, has offset claim-related volatility from the company’s insurance business.

  • Technavio Says Demand for Differentiated Products Will Expand the Manufacturing Execution Systems Market … Business Wire - Fri, Jul 3, 2015 1:15 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio, a tech-focused research firm, has published a new report on the manufacturing execution systems (MES) market in the APAC region, which is projected to grow at a CAGR of almost 17% from 2015-2019. The new Technavio report specifies that growing demand from consumers is compelling manufacturers to cater to their needs with high-quality, differentiated products. MES enables service providers to switch from hectic paperwork to system-enabled operations, which is less time consuming and provides better decision-making capabilities.

  • airweave Becomes a Partner of FINA to Sponsor FINA World Class Events Business Wire - Fri, Jul 3, 2015 1:00 AM AEST

    TOKYO--(BUSINESSWIRE)-- airweave, the top-selling brand of premium bedding toppers and pillows in Japan, will be an official partner of the FÉDÉRATION INTERNATIONALE DE NATATION (FINA) to sponsor the FINA ...

  • Flexible Packaging Market in India – Trends, Forecast & Growth Prospects Published by Technavio Business Wire - Fri, Jul 3, 2015 12:45 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio has published a new report on the flexible packaging market in India , which is expected to grow at a CAGR of more than 24% from 2015-2019. Flexible packaging market ...

  • Citi Named Best Depositary Receipt Bank in Asia by The Asset Magazine Business Wire - Fri, Jul 3, 2015 12:35 AM AEST

    NEW YORK--(BUSINESSWIRE)-- The Asset magazine recently honored Citi as the “Best DR Bank” in Asia in its 2015 Triple A Asset Servicing, Investor and Fund Management Awards. In addition, Citi won the “Best ...

  • Technavio Says the Emergence of Digital Training Will Promote the English Language Training Market in … Business Wire - Fri, Jul 3, 2015 12:05 AM AEST

    LONDON--(BUSINESSWIRE)-- Technavio has published a new report on the English language training market in China , which is expected to grow at a CAGR of nearly 19% from 2015-2019. About the Report According ...

  • Surface Vision and Inspection Market in Asia Pacific Drives Growth of Global Market at 8.9% CAGR: Transparency … Business Wire - Thu, Jul 2, 2015 11:54 PM AEST

    ALBANY, N.Y.--(BUSINESSWIRE)-- According to a report titled “Surface Vision and Inspection Market (Camera, Lighting equipment, Optics, Frame grabber, and Software and hardware) - Global Industry Analysis, ...

  • Hyatt Regency Naha, Okinawa Officially Opens Business Wire - Thu, Jul 2, 2015 11:15 PM AEST

    CHICAGO--(BUSINESSWIRE)-- Hyatt Hotels Corporation (NYSE:H - News), in collaboration with Ken Corporation and Ken Real Estate Lease, Ltd., today announced the opening of Hyatt Regency Naha, Okinawa—the first hotel under a Hyatt brand on the Japanese island of Okinawa. The hotel is the tenth hotel under a Hyatt brand in Japan, and it is the sixth Hyatt Regency hotel in the country, following Tokyo, Hakone, Kyoto, Osaka and Fukuoka.

  • Ratan Tata Joins Jungle Ventures as Special Advisor Business Wire - Thu, Jul 2, 2015 10:30 PM AEST

    SINGAPORE--(BUSINESSWIRE)-- Jungle Ventures has announced that Mr. Ratan Tata, Chairman Emeritus of the Indian Conglomerate, Tata Sons, and an iconic business leader of modern India, will come on board as a Special Advisor. Founded by Anurag Srivastava and Amit Anand, Jungle Ventures is an early stage venture capital fund, with a firm focus on helping build innovative technology led companies out of the Asia-Pacific. Jungle has already made investments in 30 leading Asian startups, including the likes of Zipdial (recently acquired by Twitter), LiveSpace, Tradegecko, CrayonData, Fastacash and travelmob (acquired by Nasdaq listed HomeAway).

  • IGATE and Milliman Enter into a New Strategic Alliance Business Wire - Thu, Jul 2, 2015 10:15 PM AEST

    BRIDGEWATER, N.J.--(BUSINESSWIRE)-- IGATE Corporation (IGATE or the Company) (NASDAQ:IGTE - News), the New Jersey-headquartered integrated technology and operations solutions provider, today announced its new alliance with Milliman, the leading actuarial firm. IGATE will look to Milliman’s actuarial expertise as part of the IGATE Business Administration Services (IBAS), the Third Party Administration unit of the company. IGATE and Milliman will start leveraging each other’s professional services in the long-term care (LTC) Insurance industry.

  • Quintiles and Quest Diagnostics Launch Q2 Solutions Business Wire - Thu, Jul 2, 2015 10:00 PM AEST

    RESEARCH TRIANGLE PARK, N.C. & MADISON, N.J.--(BUSINESSWIRE)-- Quintiles and Quest Diagnostics today announced the launch of Q2 Solutions, their new combined clinical trials laboratory services organization. Q2 Solutions brings together the clinical trials laboratory operations of the two parent organizations to provide biopharmaceutical customers with the diverse capabilities and end-to-end services required in the rapidly evolving biopharmaceutical industry. Today’s launch of Q2 Solutions is the result of the close of the previously announced global clinical trials laboratory services joint-venture transaction.

  • Arrowhead Initiates Dosing of ARC-AAT in Patients with Alpha-1 Antitrypsin Deficiency Business Wire - Thu, Jul 2, 2015 9:30 PM AEST

    PASADENA, Calif.--(BUSINESSWIRE)-- Arrowhead Research Corporation (NASDAQ:ARWR - News), a biopharmaceutical company developing targeted RNAi therapeutics, today announced that it dosed the first patient in Part B of a Phase 1 clinical trial of ARC-AAT. ARC-AAT is Arrowhead’s RNAi-based drug candidate for the treatment of liver disease associated with the rare genetic disorder alpha-1 antitrypsin deficiency (AATD) that was recently granted orphan drug designation by the United States Food and Drug Administration.

  • Provectus Biopharmaceuticals Signs Letter of Intent with Boehringer Ingelheim (China) to Collaborate … Business Wire - Thu, Jul 2, 2015 8:30 PM AEST

    KNOXVILLE, Tenn.--(BUSINESSWIRE)-- Provectus Biopharmaceuticals, Inc. (NYSE MKT: PVCT,, a clinical-stage oncology and dermatology biopharmaceutical company (“Provectus” or the “Company”), announced today that it has signed a Letter of Intent (the “LOI”) with Boehringer Ingelheim (China) Investment Co. Ltd. (“Boehringer”). The purpose of the LOI is to lay a foundation for the two parties to collaborate in bringing PV-10, Provectus’ novel investigational drug for cancer (“PV-10”), to market in mainland China, Hong Kong and Taiwan.

  • UST Global Wins Aecus Award for Innovation in Outsourcing Business Wire - Thu, Jul 2, 2015 7:00 PM AEST

    LONDON--(BUSINESSWIRE)-- UST Global, an information technology solutions and services company for Global 1000 enterprises, has been announced as the winner in the ‘Innovation in Outsourcing’ category at ...

  • NCKU Welcomes Young American Ambassadors with Authentic Taiwanese Experiences Business Wire - Thu, Jul 2, 2015 6:55 PM AEST

    TAINAN, Taiwan--(BUSINESSWIRE)-- National Cheng Kung University (NCKU) hosted an opening ceremony of the Taiwan-United States Sister Relations Alliance (TUSA) Summer Scholarship Program on July 1 to welcome the students from America. Most of them are first time to Taiwan and eager learners for Mandarin (Chinese) and Taiwanese culture. A total of 55 American students from 31 states with 41 universities participate in the TUSA program from July 1 to August 22, according to Prof. Yueh-Min Huang, Vice President of Office of International Affairs who on behalf of NCKU President Huey-Jen Jenny Su extended a warm welcome to all the guests and students.

  • South Korea extends compliance period for new substance registration Business Wire - Thu, Jul 2, 2015 6:00 PM AEST

    MANCHESTER, England--(BUSINESSWIRE)-- Intertek, a leading provider of quality services to industries worldwide, announced today that South Korea’s Ministries of Environment (MoE) and of Justice (MoJ) will offer a leniency period for companies notifying new substances under the Act on the Registration and Evaluation of Chemicals (K-REACH). Under Article 57-63 of the Toxic Chemicals Control Act (TCCA), if companies fail to comply with the regulations they could be facing substantial fines or imprisonment. This includes all companies that failed to register a new substance and complete a hazard assessment under the previous TCCA, before the law was replaced by K-REACH and the Chemicals Control Act (CCA), on January 1st, 2015.

  • Celanese Announces Acetyls Price Increases in Asia Business Wire - Thu, Jul 2, 2015 8:00 AM AEST

    DALLAS & SHANGHAI--(BUSINESSWIRE)-- Celanese Corporation (NYSE:CE - News), a global technology and specialty materials company, will increase list and off-list selling prices for ethyl acetate and butyl acetate in view of the recent rapid increase and continued volatility in China methanol prices. Based in Dallas, Texas, Celanese employs approximately 7,500 employees worldwide and had 2014 net sales of $6.8 billion.

  • Rocket Lab Announces World’s First Commercial Launch Site Business Wire - Thu, Jul 2, 2015 8:00 AM AEST

    LOS ANGELES--(BUSINESSWIRE)-- Today Rocket Lab announced it will be the first commercial company to build and operate an orbital launch site. The company plans to build the launch site on Kaitorete Spit in the Canterbury region of New Zealand’s South Island, which will be used to launch Rocket Lab’s Electron launch vehicle designed to deliver small satellites to Low Earth Orbit. “Creating and operating our own launch site is a necessity to meet the demands of our growing customer manifest,” said Peter Beck, Rocket Lab CEO.

  • Air China Launches Third Daily Nonstop Service Between Los Angeles and Beijing Business Wire - Thu, Jul 2, 2015 7:30 AM AEST

    LOS ANGELES--(BUSINESSWIRE)-- Air China officials and China-bound passengers at Tom Bradley International Terminal welcomed the arrival of the inaugural flight of the airline’s third daily nonstop service ...

  • Interlink Electronics, Inc. Corporate Updates Business Wire - Thu, Jul 2, 2015 6:02 AM AEST

    WESTLAKE VILLAGE, Calif.--(BUSINESSWIRE)-- Interlink Electronics, Inc. (OTC:LINK - News), a global technology leader and trusted advisor in Human Machine Interface (HMI) solutions, today announced its commitment to continue to expand its global R&D footprint in Singapore. As part of the Company’s pledge to continue its growth in technology and product offerings, Interlink will add additional, talented R&D engineers to their Singapore footprint, spearheaded by CTO, Dr. Albert Lu. Prior to joining Interlink in 2014, for over 15 years Dr. Lu had made significant R&D contributions to the Singapore Institute of Manufacturing Technology (SIMTech), which develops high-value manufacturing technology and human capital to enhance the competitiveness of Singapore's manufacturing industry.

  • Research and Markets: Future Horizons and Growth Strategies in the Japanese Hepatitis Diagnostic Testing … Business Wire - Thu, Jul 2, 2015 4:03 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( ) has announced the addition of the "Future Horizons and Growth Strategies in the ...