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· *Around €750 billion to €800 billion ($911 billion) in assets are expected to move from London to Frankfurt in the first quarter of 2019.*
· *At least 30 financial institutions have chosen Frankfurt as their EU-base post Brexit.*
· *Frankfurt's financial-industry body claims 10,000 jobs will leave the UK for Germany. *
While Theresa May tries to get her Brexit deal over the line, banks have already packed their bags and started moving to Frankfurt. It's more bad news for the City of London.
Frankfurt Main Finance, a lobby group, has claimed that between €750 billion to €800 billion ($911 billion) in financial assets will move to Europe's largest economy by the time Britain leaves the European Union on March 29, 2019. It's yet another indication of the fundamental shift taking place in the UK's financial-services industry, which makes up 6.5% of the economy, as Brexit-related changes strip the country of jobs and assets.
US bank giants Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup have opted to move billions in assets to Frankfurt. Swiss lender UBS has opted for Frankfurt as its new EU base. Similarly, Lloyds, Standard Chartered, Credit Suisse, and Nomura are among the other lenders that might expand or move to Frankfurt as a result of Brexit.
"We stand by the potential of up to 10,000 jobs moving to Frankfurt which we estimated on day 1 after the Brexit referendum," said Hubertus Väth, Managing Director of Frankfurt Main Finance.
UK Chancellor Philip Hammond recently released official assessments showing that the UK economy will be hit under all likely Brexit outcomes.
Other banks have opted for Paris and Dublin as their EU hubs in light of Brexit.
*SEE ALSO: The UK government says Brexit will harm the economy. A lot of damage has already been done.*
Join the conversation about this story »
NOW WATCH: Trump once won a lawsuit against the NFL — but the result was an embarrassment
Reported by Business Insider 22 minutes ago.
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OraSure Working to End AIDS on a Global Scale
BETHLEHEM, Pa., Nov. 29, 2018 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (NASDAQ: OSUR), a leader in point of care diagnostic tests and specimen collection devices, today announced that Stephen S. Tang, Ph.D., President and CEO, will ring the NASDAQ stock market opening bell on Monday, December 3, 2018 in honor of World AIDS Day and the work OraSure is doing to end AIDS on a global scale. The bell ringing will take place at 9:15 am EST.“On the 30th anniversary of World AIDS Day, I am reminded of how far we’ve come in the fight against HIV, yet there is much more work to be done,” says Tang. “This year’s World AIDS Day theme, ‘Know Your Status’ reflects the reality that, according to the World Health Organization, one in four individuals with HIV does not know they are infected. We must change the awareness paradigm in order to reverse the course of this disease. Key to fighting the disease is knowing your status through frequent testing."
In honor of World AIDS Day, on November 30^th, Community Healthcare Network (CHN), one of the largest networks of federally qualified health centers in New York City, will conduct a large-scale testing event utilizing OraSure Technologies’ HIV tests across its 15 health centers and mobile units around the city. By administering HIV tests to patients and the general public, CHN continues its commitment to providing underserved communities with access to quality care.
Domestically and internationally, OraSure employees are participating in testing efforts alongside their customers. OraSure is also providing thousands of its HIV testing devices to groups sponsoring awareness and testing events across Africa, Asia and Europe.
For World AIDS Day and for the entire month of December, OraSure will use a combination of social influencers and digital media to reach at-risk consumers with a universal and inclusive testing outreach program entitled “Together We Test”.
*About Knowing Power*
Tang continues, “OraQuick®, has been a game-changer not only here in the United States, but for millions who live in places like Sub-Sahara Africa where HIV and AIDS are still a major concern. In 2017 we teamed up with the Bill & Melinda Gates Foundation to offer affordable HIV Self-Testing to over 50 developing nations. We are also dedicated to augmenting the fight through our ‘Knowing Power’ global initiative, which allocates funds from sales of OraQuick to support new community testing pilot programs.”
The Knowing Power initiative was designed to get testing kits directly into the hands of the previously untested. For every OraQuick® test purchased between July 24 and December 1, 2018, OraSure is donating a portion of the sale to establish a ‘bank’ of OraQuick test devices. Both non-governmental organizations and community groups have been engaged to help distribute these kits into areas and validation programs that are squarely aimed at ending the AIDS epidemic.
*About OraSure Technologies HIV Tests*
OraQuick ADVANCE® Rapid HIV-1/2 Antibody Test is the first FDA approved, CLIA-waived, rapid point-of-care test that can detect antibodies to both HIV-1 and HIV-2 with greater than 99% accuracy in as little as 20 minutes, using an oral fluid, finger-stick or venipuncture whole blood, or plasma sample.
The OraQuick® In-Home HIV Test is the first and only oral fluid rapid OTC HIV test approved in the U.S. The OraQuick® In-Home HIV Test can detect antibodies to both HIV-1 and HIV-2 with an oral swab, providing a confidential in-home testing option with results in as little as 20 minutes. It is the first rapid diagnostic test for any infectious disease that has been approved by the FDA for sale over the counter.
The OraQuick^® HIV Self-Test (HIVST) is a rapid, point-of-care test that allows an individual to detect antibodies to both HIV-1 and HIV-2 with a simple oral swab and provides a result in as little as 20 minutes in the privacy of an individual’s home, at outreach testing settings, in the pharmacy or at community based screening events. Based on the same OraQuick^® platform that is used for the FDA-approved OraQuick In-Home HIV Test and the WHO Prequalified OraQuick Rapid HIV-1/2 Antibody Test used by health care professionals worldwide, the platform has been used to test millions.
*About OraSure Technologies*
OraSure Technologies is a leader in the development, manufacture and distribution of point-of-care diagnostic and collection devices and other technologies designed to detect or diagnose critical medical conditions. Its first-to-market, innovative products include rapid tests for the detection of antibodies to HIV and HCV on the OraQuick^® platform, oral fluid sample collection, stabilization and preparation products for molecular diagnostic applications, and oral fluid laboratory tests for detecting various drugs of abuse. OraSure's portfolio of products is sold globally to various clinical laboratories, hospitals, clinics, community-based organizations and other public health organizations, research and academic institutions, distributors, government agencies, physicians' offices, commercial and industrial entities and consumers. The Company's products enable healthcare providers to deliver critical information to patients, empowering them to make decisions to improve and protect their health. For more information on OraSure Technologies, please visit www.orasure.com.
Following the bell ringing, OraSure Technologies President and CEO, Stephen S. Tang, Ph.D., will be interviewed on Facebook Live by the NASDAQ team. Check out Facebook.com/Nasdaq to watch.
Media Contact:
Jeanne Mell
Vice President, Corporate Communications
P: 610.882.1820
E: media@orasure.com
Reported by GlobeNewswire 32 minutes ago.
ROME (AP) — The Vatican and bishops from Europe and beyond have developed guidelines for the sale or reuse of Catholic Churches to help ensure that they retain their cultural heritage and serve the community, not commerce.The guidelines...
Reported by New Zealand Herald 32 minutes ago.
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GARDEN GROVE, Calif., Nov. 29, 2018 (GLOBE NEWSWIRE) -- KushCo Holdings, Inc. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for a variety of industries including the regulated cannabis and CBD industries, today announced that its Chief Executive Officer, Nick Kovacevich, will present at the LD Micro Conference on December 5, 2018 at 1:00pm PT at the Luxe Sunset Bel Air Hotel in Los Angeles, California.The presentation will be webcast at http://wsw.com/webcast/ldmicro15/kshb/. An archive of the presentation will also be made available on the Company’s investor relations website.
The LD Micro Main Event is the largest independent conference for small/micro-cap companies and will feature 250 names presenting to an audience of over 1,000 attendees. In addition, there will be a variety of speakers/panelists discussing topics of interest to investors and issuers, along with coordinated evening events.
To learn more about the event, please visit: http://www.ldmicro.com/events
To be added to the distribution list, please email ir@kushco.com with “Kush” in the subject line.
*About KushCo Holdings, Inc.*KushCo Holdings, Inc. (OTCQB: KSHB) is the parent company to a diverse group of business units that are transformative leaders across several industries. KushCo Holdings’ subsidiaries and brands provide exceptional customer service, product quality, compliancy knowledge and a local presence in serving its diverse customer base.
KushCo Holdings’ brands include Kush Supply Co., a dynamic sales platform that is the nation’s largest and most respected distributor of packaging, supplies, and accessories to the cannabis and CBD industry, Kush Energy, which provides ultra-pure hydrocarbon gases and solvents, Hybrid Creative, a premier creative design agency for clients across several industries, and Koleto Packaging Solutions, the research and development arm driving intellectual property development and acquisitions.
Founded in 2010, KushCo Holdings has now sold more than 1 billion units and regularly sells to more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. KushCo Holdings subsidiaries maintain facilities in the five largest U.S. cannabis markets as well as having a local sales presence in every major U.S. cannabis market.
KushCo Holdings strives to be the industry leader for responsible and compliant products and services in the legal cannabis and CBD industry. The Company has been featured in media nationwide, including CNBC, Los Angeles Times, TheStreet.com, Entrepreneur, and business magazine Inc. While KushCo Holdings provides products and solutions to customers in the cannabis and CBD industries, it has no direct involvement with the cannabis plant or any products that contain THC or CBD.
For more information, visit www.kushco.com or call (888)-920-5874.
*Forward-Looking Statements*
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: “potential,” “look forward,” “expect,” “believe,” “dedicated,” “building,” or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC), available at: www.sec.gov, and on the Company’s website, at: www.kushco.com.
*KushCo Holdings Contacts*
*Media Contact:**
*Anne Donohoe / Nick Opich
KCSA Strategic Communications
212-896-1265 / 212-896-1206
adonohoe@kcsa.com / nopich@kcsa.com
*Investor Contact:**
*Phil Carlson / Elizabeth Barker
KCSA Strategic Communications
212-896-1233 / 212-896-1203
ir@kushco.com
Reported by GlobeNewswire 23 minutes ago.
Our Liverpool blogger looks at the latest away defeat in Europe and says there is a specific midfield combination that needs to be ditched.
The post Dreadful stat means Liverpool midfield combination needs consigning to history appeared first on teamtalk.com.
Reported by Team Talk 17 minutes ago.
Velocity’s Cloud Migration Factory, powered by VCAMP, maximizes the value of moving and managing enterprise workloads in the cloud
CHARLOTTE, N.C., Nov. 29, 2018 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., the global leader in enterprise cloud management services, and creator of the proprietary Velocity Cloud Application Management Platform^TM (VCAMP^®), announces that Siemens has become its 1,000th migration of critical enterprise workloads to the cloud.“Cloud migrations have been a core competency for Velocity since our inception in 2003,” said Keith Angell, President and CEO of Velocity. “While cloud decisions are often driven by the corporate desire to realize cost savings, to modernize, and to gain flexibility, Velocity’s innovative VCAMP assures timely operational excellence by migrating enterprise workloads to the cloud through platform automation and advanced analytics.”
The Siemens team recognized the TCO savings opportunity and opted to go with Velocity for their holistic approach to cloud managed services. “We greatly appreciate the ability to cut costs,” said David Kaiser, Director, Oracle ERP at Siemens. “However, as we look to differentiate ourselves in the marketplace, it is the agility and business resiliency that Cloud offers -- along with Velocity’s differentiated software-defined solution -- that made us decide to take this critical step.”
Key to Velocity’s success is its ability to offer a variety of secure, scalable Cloud options to meet any customer’s needs. In addition to Velocity’s private cloud offering, migration options include Amazon Web Services, Oracle Cloud Infrastructure, and Microsoft Azure. Velocity is an AWS Partner Network (APN) advanced member with both SAP and Oracle Competencies, an award-winning Oracle Platinum Partner specializing in Oracle Cloud Infrastructure (OCI) as a Service, as well as a Microsoft Azure Managed and Hosted Solutions Partner.
Velocity helps customers migrate and manage their most critical applications, enterprise workloads and related infrastructure on public, private and hybrid cloud environments including ERP, EHS, Business Intelligence, Big Data, Security, and IOT workloads. Leveraging VCAMP, Velocity offers a single management console for application management services across cloud environments, including AWS, OCI, and Azure, with purpose-built analytics integrated into the application and infrastructure layers.
*About Velocity Technology Solutions*
Velocity Technology Solutions (www.VelocityCloud.com), the global enterprise workload cloud managed services leader since 2003, delivers secure, fully managed environments spanning virtual private, public and hybrid clouds. The company’s portfolio includes enterprise workload cloud migration and management services, with advanced data analytics and optimization solutions. Velocity’s expertise in managing leading ERP applications, leveraging the patented Velocity Cloud Application Management Platform, gives customers optimized availability, security, visibility and control at a reduced total cost of ownership. Velocity is headquartered in Charlotte, NC, with facilities in North America, Europe and Asia. Velocity is a portfolio company of Silver Lake Sumeru, a global leader with private equity investments in leading, growth-oriented technology companies. For additional information on Silver Lake and its entire portfolio, visit www.silverlake.com.
*Contact Information:*
Jamessina Hille
Marketing Director
Velocity Technology Solutions
516-607-6124
jamie.hille@velocitycloud.com
Reported by GlobeNewswire 13 minutes ago.
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AXEL, a tech innovator committed to providing the public with true privacy protection and data ownership, announces AXEL Pro’s Virtual Drive — allowing users everywhere to manage and protect their own files across any connected devices — without a third party.
LAS VEGAS (PRWEB) November 29, 2018
AXEL, a tech innovator committed to providing the public with true privacy protection and data ownership, announces the debut of AXEL Pro’s Virtual Drive, which allows users to access and manage their own files on any of their connected devices straight from their desktop computer – and without having to use a third party or external service. Now, users have an easy and secure solution to move, open, delete, and even copy and paste files between any connected devices – while maintaining control over their own data security and storage.
“We’re in the midst of a number of significant launches at AXEL, and today we’re excited to unveil Virtual Drive, which offers our customers an easy, seamless solution to connect files and data across all of their devices. It’s really important for us to help users simplify and remain in control of their digital lives, and we’re pleased that we can develop solutions to help them do just that,” notes Ben Ow, President and CTO of AXEL.
How it Works –Intuitive Device Unification
Built on AXEL’s patented Tack App technology, Virtual Drive will give people one-of-a kind access directly from their desktop, allowing them all the same powerful sharing features of AXEL with a simple click.
Currently in beta phase, users can get started with Virtual Drive by simply installing AXEL onto the devices to be connected, such as a laptop, smartphone or tablet. These devices will then appear on one’s computer, where a user can then manage all files and content, just like any other folder on a desktop.
All Your Stuff In One Place
In keeping with AXEL’s mission of protecting data privacy and ownership, Virtual Drive provides users with the flexibility to access any files from any device directly, and without any time delays. Consider it a personal file ecosystem – where there’s no waiting time for transfers, uploads or lags, regardless of the file size or type, and done from the comfort of one’s home computer – and importantly, eliminating the need for a third party which could compromise security.
“Given the unsteady climate of information privacy, our team at AXEL has continued to create solutions to enable users to take control and protect their own digital footprint. It’s an increasingly important issue, and we’re fortunate to be in a position to improve the options out there for people to protect themselves using our technology,” says Lee Eyerman, VP Technology and Blockchain.
Already used by millions of people globally, AXEL has created multiple patented technology solutions for file sharing, access, security and privacy, transfer, streaming and integration – all from one secure platform. Through its user-friendly app these solutions work across Windows, Mac, iOS and Android, allowing users to link all digital content across all of their devices, without having to use a third-party.
About AXEL
Since 2012, AXEL has been committed to providing users with true ownership over their data with dynamic, easy-to-use, patented technology solutions for file sharing, access, security and privacy, transfer, streaming and integration, from one secure platform. With operations in North America, Europe and Asia, the company’s veteran 100+ member team has built a suite of proprietary software products already used by millions of people globally, with patented technology and a user-friendly app that works across Windows, Mac, iOS and Android.
The AXEL platform allows users to link all digital content across all of their devices, without having to use a third-party. With additional patents on decentralized access and private sharing capabilities, AXEL’s Tack App and AXEL Pay enable users to control and monetize their digital content. The AXEL Exchange, powered by a dual public and private chain, will complete its decentralized ecosystem, making it a secure, trusted peer-to-peer environment.
For more information, please visit http://www.axel.org.
Media Contacts
Vsem Yenovkian, AXEL
media(at)axel.org
702-948-9770
Roberta Tsang
RTPR
roberta(at)rtprcomm.com
# # #
Reported by PRWeb 11 minutes ago.
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Carrier’s Portuguese unit moves to offer customers world-class service as part of ongoing aggressive digital transformation
Boston, Nov. 29, 2018 (GLOBE NEWSWIRE) -- *Duck Creek Technologies* announced today that the Portuguese business unit of Ageas (Ageas Seguros), a top insurer in Europe and Asia, has selected Duck Creek Claims and Duck Creek Policy as its platform for transformation to streamline operations and offer superior service to customers in the region.
As Ageas pushes forward in Portugal with an aggressive digital agenda concurrent with the acquisition of two local competitors, the implementation of Duck Creek’s Claims and Policy solutions lets the insurer make better, faster decisions and support customers in the ways they prefer. Replacing multiple legacy systems with two best-in-class solutions, the insurer will be able to reduce operating costs and increase internal process efficiencies, freeing up its IT staff to focus on the company’s strong digital-first strategy.
“As we plan our technology strategy for the future, it’s critical that we invest in systems and solutions that can evolve with our business rather than constrain us to outdated operating models,” said Jorge Pinheiro de Melo, CIO of Ageas Portugal Group. “With Duck Creek, we’ll not only be able to offer customers better service, but the upgradable platform will also allow us to keep pace with the changing marketplace in our region.”
“We’re very happy to welcome Ageas’ Portuguese division into our growing family of European customers,” said Eugene Van Biert, Chief Revenue Officer of Duck Creek Technologies. “And we’re excited to partner with them on their digital transformation initiative. Ageas Seguros has taken an important step in building on the kind of agility its growing market requires.”
Bart Patrick, Managing Director of Duck Creek Europe added, “After a hard-fought selection process, we’re looking forward to getting to the business of helping Ageas Seguros drive its digital agenda and transform its customer experience in Portugal.”
About Ageas and its European operations:
Ageas operates with an important goal worldwide: to provide customers with peace of mind when they need it most - helping at every stage of their lives to mitigate risks related to property, casualty, life, and pensions. Through a number of wholly-owned subsidiaries and established joint ventures, Ageas is active in four markets in continental Europe: France, Luxembourg, Turkey, and Portugal. Across the region, Ageas offers a broad range of insurance products and services that span both Life and Non-Life. Their products can be accessed through a number of different distribution channels, including brokers and agents, but mainly via bank branches.
Ageas has been operating in Portugal since 2005 through Médis and Ocidental brands and reinforced its presence after the acquisition of AXA Portugal in 2016 with Ageas Seguros and Seguro Directo. Learn more at https://www.ageas.com/
About Duck Creek Technologies:
Duck Creek Technologies paves a genuine path to the future for P&C insurance companies. Decades of insurance experience underpin advanced technologies specifically designed to accommodate change - allowing carriers to navigate uncertainty and capture market opportunities faster than their competitors. Duck Creek solutions are available standalone or as a full suite. All are available via Duck Creek OnDemand, the provider’s SaaS solution for the P&C insurance industry. For more information, visit www.duckcreek.com.
Media Contact:
Paul Rechichi
Racepoint Global
617-624-3295
prechichi@racepointglobal.com
*Attachment*
· Ageas Seguros Offices
CONTACT: Sam A. Shay
Duck Creek Technologies
+1 (857) 201-5784
sam.shay@duckcreek.com
Reported by GlobeNewswire 3 minutes ago.
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While the steel industry is witnessing an oversupply of low-cost steel, growing demand for electrical steel has led manufacturers to ramp up their production capacities.
Rockville, MD, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Global demand for electrical steel is estimated to reach 15,900 kilo tonnes in 2018, according to Fact.MR valuation. The landscape of niche steel presents immense opportunities as their demand outsells that of steel consumption. Overall growth of the electrical steel market can be attributed to,
· Growing interest of steel companies to accommodate the evolving trends in the electrical steel marketplace
· Changing trade measures leading to declining exports and strengthening domestic electrical steel production
· Considerable demand for electrical steel in the automotive industry, particularly in electrical vehicles
Fact.MR study finds a consistently rising consumption of electrical steel wherein an increase of almost 900 kilo tonnes between 2017 and 2018 and a y-o-y growth of 6.7% is estimated.
“Trade actions are the most prominent influencer of the electrical steel industry wherein every action of steelmakers is being driven by a need to improve steel margins. Major investments are focused on improving competitiveness by introducing product portfolio with higher quality and higher effective utilization. Along the same lines, niche steel variants have significant opportunities wherein industry profitability is rising consistently,” says a senior analyst at Fact.MR.
*Request For Sample Report- **https://www.factmr.com/connectus/sample?flag=S&rep_id=2397*
The study opines that owing to the growing focus of electrical steelmakers to improve product quality, demand for non-grain oriented electrical steel (NGOES) will witness a steady rise. Nearly 11,860 kilo tonnes of non-grain oriented electrical steel consumption is estimated while occupying over almost three-fourth of the global electrical steel demand in 2018.
*Semi-Processed NGOES Registers Nearly 58% Electrical Steel Consumption*
Among fully and semi-processed NGOES variants, Fact.MR projects that semi-processed will account for a bulk of the total NGOES consumption in 2017 and the status-quo will continue in 2018.
In particular, the optimistic forecast of NGOES can be attributed to the increasing application of non-grain oriented electrical steel in the automotive industry, particularly electric and hybrid vehicles. Owing to the superior properties, commercial NGOES is used in multiple applications including small to mid-sized motors and transformers across end-user industries.
Fact.MR estimates that grain-oriented electrical steel (GOES) will hold the remaining market share and account for one-fourth of the global consumption in 2018. Application of GOES remains consolidated in larger distribution and power transformers utilized in the utilities sector.
*Browse Full Report on Electrical Steel Market with TOC- **https://www.factmr.com/report/2397/electrical-steel-market*
The study shows that electrical steel consumption remains concentrated in electric motors and account for over 71% of the electrical steel used in 2017. Motors with power unit of 1000hp or more are estimated to lead the electrical steel utilization in electric motors. Lamination electrical steel, in particular, NGOES variants are highly sought after in high power motors.
Application of electrical steel in transformers will account for over one-fifth of the electrical steel consumption in 2018 of which almost 40% is used in transmission or power transformers. Buoyancy in the utilities sector and indispensable role of transmission transformers in power generation will maintain application of electrical steel in these transformers in 2018.
*APEJ to Continue Pole Position in Electrical Steel Market*
The Fact.MR study estimates that APEJ continues to register significant consumption for electrical steel and will account for nearly 44% of the total demand in 2018. APEJ’s optimistic outlook for automotive and utilities sectors can be attributed for the leading consumption of electrical steel in the region.
Fact.MR also states that electrical steel marketplace is witnessing consolidation of domestic markets led by ongoing trade disputes. Initiated in the U.S., electrical steel market consolidation continues in Europe. Well aware of the scenario, investments by steelmakers are focused on improving electrical steel quality as well as the portfolio to meet emerging regional demands. Amid ongoing consolidation, steelmakers in the electrical steel marketplace are aiming at aligning their developments with evolving trends in global and domestic landscapes to ensure market sustenance.
The Fact.MR report tracks the electrical steel market for the period 2018-2026. According to the report, the electrical steel market is projected to grow at over 8% CAGR through 2026.
*To Buy Electrical Steel Market Report, Check- **https://www.factmr.com/checkout/2397/S*
*About Fact.MR*
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
*Contact Us*
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
Reported by GlobeNewswire 3 minutes ago.
Las Vegas, NV & Hong Kong, Nov. 29, 2018 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTCQB: RETC) announced today that it has opened a technology showroom in Zurich, Switzerland, partnering with Pietro Coppola, who has assumed a management role in our subsidiary 12 Europe, AG. This will allow the Company to demonstrate the fully integrated 12 Technology Suite to European luxury brands and their retail partners. The Company intends to use this showroom to demonstrate the value proposition that the 12Mirror, 12AdScreen and the 12InStore, 12Mobile and 12Sconti APPs offer to retailers.Angelo Ponzetta, 12 ReTech’s CEO stated, “We have created an impressive venue for showing off our technology. Pietro Coppola will now use his European contacts in the luxury retail sectors to attract interest in our products and value proposition. This will give us the opportunity to work with Europe’s most famous luxury brands as well as their retailers.
Angelo Ponzetta continued, “The new facility was conceived to become a much-talked-about showroom for European luxury goods and high-end fashion. It will feature dressing rooms and retail displays in a 2,000+ square feet floorspace. We plan to cycle brands to constantly feature new ideas for the visiting retailers. We will integrate our 12 Technology Suite into the fabric of the showroom operations so that leading designers can show their fashion collections using a new medium (by appointment only). This represents an excellent way to get in front of Europe’s prestigious retailers and show them how our technology can provide value to their businesses.”
Pietro Coppola, 12 Europe’s CEO said, “After reviewing the 12 Technology Suite I am very impressed for what it can do to help retailers bring back excitement to their stores. It engages shoppers, potentially lowers retailer’s operating expenses and helps to achieve higher sales. I am looking forward to introducing the 12 ReTech’s technology to the retailers and luxury brands that I personally have been working with for decades. This can be wonderful for my clients. I want to introduce all of them to these ideas that I believe will provide great benefit to their businesses.”
Angelo Ponzetta finished, “There is a lot going on in our pipeline of business in all three of our major markets. I hope to soon have some exciting news about some new acquisitions that we are negotiating.”
*About Pietro Coppola:*
After graduating with a Bachelor of Arts degree, Pietro worked for various retailers of luxury goods brands in Europe. In a stint with Anteprima Diffusione Moda A.G., he was involved with the expansion of Swiss sales channels for many European brands of men’s underwear, including Armani, Versace, La Perla and others. Later, he bought into the company and obtained licenses for the same brands for Austria and Germany.
In 1995, he formed the fashion agency Pietro Coppola, A.G. and took over the brands from Anteprima, expanding at the same time into sportswear, beachwear and accessories with the same brands, while adding new brands to his portfolio, including Dolce & Gabbana, Versace Sport, Fendi, Kenzo, Fiorucci, Emilio Pucci and others.
Pietro helped many of these brands to design and build their own standalone retail stores within his licensed territories.
*About 12 ReTech Corporation:*
At our core, we are a software company whose technology allows retailers to combat the dual threats of Walmart and Amazon — both online and in physical stores. Our microbrand rollup acquisition strategy allows us to demonstrate the effectiveness of our software, devise and test new products, while providing shareholder value through immediate revenue and earnings growth. The Company operates through our subsidiaries on three continents: 12 Hong Kong, Ltd., 12 Japan, Ltd., 12 Europe A.G., 12 Retail Corporation (and its subsidiaries in North America, including Emotion Fashion Group, Inc.). For more information please visit our website at www.12ReTech.com.
12 ReTech Corporation is publicly listed on the OTCQB Markets under the symbol RETC.
*Safe Harbor:* This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate,""anticipate,""expect,""believe," and similar expressions are intended to be forward-looking statements.
*Investors Relations Contacts:*
Mark Gilbert
Magellan FIN, LLC
mgilbert@magellanfin.com
317-361-2392 (USA)
Corporate Headquarters
investors@12ReTech.com
*Attachment*
· Opens Technology Showroom
Reported by GlobeNewswire 3 minutes ago.
Hangar names drone industry veteran Scott Lumish as CEO, to take automated drone workflow technology to new levels.
AUSTIN, Texas (PRWEB) November 29, 2018
Hangar Technology, Inc., the first platform designed to put autonomous drones to work by automating the end-to-end insight supply chain, today announced that it has named industry veteran Scott Lumish as Chief Executive Officer and Board Member to lead the business through its next chapter of productization and growth.
This year, Hangar officially launched the Hangar platform, a cloud-like solution that creates an automated workflow between drone hardware, sensor payloads, analytics software and service providers, delivering previously unseen insights that enable industries to work more safely, efficiently and intelligently. The platform launch has driven the company’s strongest booking quarter and year in the company’s three year history.
“We are super excited for Scott to join the team, and we’re confident he’ll take Hangar to the next level,” said Bilal Zuberi, Board Member and Partner at Lux Capital. “With the release of the Hangar platform, we have the opportunity to significantly accelerate growth and bring enterprise aerial data-based intelligence to our existing and new customers. Together with Scott’s experience in this space, and his track record of building successful businesses, Hangar is poised to change how the world perceives drones and the decisions they enable.”
Scott has spent over two decades at the intersection of drone technology, software development, worldwide sales, marketing and business development. He has extensive international experience managing teams in Europe and Asia, and has guided three acquisitions and four IPOs over the course of his career. Prior to Hangar, Scott was VP of Business and Corporate Development for DroneDeploy, cultivating strategic partnerships and expanding revenue streams.
“As drone technology becomes increasingly ubiquitous across industry, businesses are beginning to recognize the value of drone-enabled insights,” said Scott Lumish. “By fusing leading technologies into one automated drone data workflow, Hangar is giving businesses access to aerial insights at a scale and velocity that reinvent how industries see and understand the dynamic world around them.”
A headshot is available at:
https://hangar.com/wp-content/uploads/2018/11/HangarExecutivePortraits-ScottLumish-CEO.jpg
About Hangar
Hangar is transforming how industries understand the physical world with 4D InSight™. Hangar captures data in the X, Y and Z plane, and intelligently integrates the added dimension of time – providing a never before seen view of the physical world, over time, from many perspectives and sensor types.
Hangar combines drone hardware, software, and data analytics into an end-to-end platform that automates the collection, transformation and viewing of spatial data and visual intelligence. Hangar gives owners and operators across Industry the previously unseen insights they need to work more safely, efficiently, and intelligently. For additional information, visit https://www.hangar.com.
Reported by PRWeb 7 minutes ago.
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Dublin, Nov. 29, 2018 (GLOBE NEWSWIRE) -- The "Global Personalized Medicine Market Analysis & Trends - Industry Forecast to 2027" report has been added to *ResearchAndMarkets.com's* offering.
Some of the prominent trends that the market is witnessing include rising prevalence of chronic diseases, usage of combination biomarkers for diagnostics and adoption of complementary medicine.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027.
The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc.*Scope of the Report*· On the basis of Therapeutic area, the market is divided into Oncology, Neurology, Cardiology, Antiviral and Psychiatry.
· Based on the Product, the market is divided into Personalized Medicine Therapeutics, Personalized Medicine Diagnostics, Personalized Medical Care, and Personalized Nutrition & Wellness.
· Personalized Medicine Therapeutics segment is further divided into Pharmaceuticals, Genomic Medicine, and Medical Devices.
· Personalized Medicine Diagnostics segment is again bifurcated into Genetic Testing, Direct-to-consumer Diagnostics, Esoteric Lab Services and Lab Tests.
· Personalized Medical Care is divided into Telemedicine, Healthcare Information Technology, and Diseases Management.
· Personalized Nutrition & Wellness is segmented into Retail Nutrition, Complementary Medicine and Alternative Medicine.
· By application the market is divided into Companion Diagnostics, Biomarker identification, Health Informatics, Clinical Research, Cancer Management, Infectious Diseases, Central Nervous System (Cns) Disorders, Blood Transfusion Safety, Coagulation Therapy, Diabetes, Autoimmune Diseases, Cardiovascular Diseases, Neurology and Psychiatry.
· Depending upon End User, the market is divided into Hospitals, Molecular Diagnostic Laboratories and Testing facilities, Academic Institutes, clinical care and Research Laboratories, Contract Research Organizations and Bio and health informatics companies.
*Report Highlights:*
· The report provides a detailed analysis on current and future market trends to identify the investment opportunities
· Market forecasts till 2027, using estimated market values as the base numbers
· Key market trends across the business segments, Regions and Countries
· Key developments and strategies observed in the market
· Market Dynamics such as Drivers, Restraints, Opportunities and other trends
· In-depth company profiles of key players and upcoming prominent players
· Growth prospects among the emerging nations through 2027
· Market opportunities and recommendations for new investments
*Key Topics Covered:*
1 Market Outline
1.1 Research Methodology
1.2 Market Trends
1.3 Regulatory Factors
1.4 Product Analysis
1.5 End User Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Rising Prevalence Of Chronic Diseases
3.1.2 Usage Of Combination Biomarkers For Diagnostics
3.1.3 Adoption Of Complementary Medicine
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
4 Personalized Medicine Market, By Therapeutic area
4.1 Oncology
4.2 Neurology
4.3 Cardiology
4.4 Antiviral
4.5 Psychiatry
5 Personalized Medicine Market, By Product
5.1 Personalized Medicine Therapeutics
5.1.1 Pharmaceuticals
5.1.2 Genomic Medicine
5.1.3 Medical Devices
5.2 Personalized Medicine Diagnostics
5.2.1 Genetic Testing
5.2.2 Direct-to-consumer Diagnostics
5.2.3 Esoteric Lab Services & Lab Tests
5.3 Personalized Medical Care
5.3.1 Telemedicine
5.3.2 Healthcare Information Techno
5.3.3 Diseases Management
5.4 Personalized Nutrition & Wellness
5.4.1 Retail Nutrition
5.4.2 Complementary Medicine
5.4.3 Alternative Medicine
6 Personalized Medicine Market, By Capacity
6.1 Companion Diagnostics
6.2 Biomarker identification
6.3 Health Informatics
6.4 Clinical Research
6.5 Cancer Management
6.6 Infectious Diseases
6.7 Central Nervous System (Cns) Disorders
6.8 Blood Transfusion Safety
6.9 Coagulation Therapy
6.10 Diabetes
6.11 Autoimmune Diseases
6.12 Cardiovascular Diseases
6.13 Neurology
6.14 Psychiatry
7 Personalized Medicine Market, By End User
7.1 Hospitals
7.2 Molecular Diagnostic Laboratories and Testing facilities
7.3 Academic Institutes
7.4 Clinical care and Research Laboratories
7.5 Contract Research Organizations
7.6 Bio and health informatics companies
8 Personalized Medicine Market, By Geography
9 Key Player Activities
9.1 Acquisitions & Mergers
9.2 Agreements, Partnerships, Collaborations and Joint Ventures
9.3 Product Launch & Expansions
9.4 Other Activities
10 Leading Companies· Siemens Healthcare Diagnostics Inc.
· Laboratory Corporation of America
· Becton Dickinson & Co.
· Foundation Medicine Inc.
· Bristol-Myers Squibb
· 3G Biotech
· Quest Diagnostics
· Abbott
· Agendia NV
· Asuragen Inc
· Biogen, Inc.
· F. Hoffmann-La Roche Ltd.
· Thermo Fisher Scientific, Inc.
· Bayer AG
· Novartis AG
For more information about this report visit https://www.researchandmarkets.com/research/7fs4jr/global?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Genomics
Reported by GlobeNewswire 3 minutes ago.
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Third quarter U.S. sales for total video games industry
PORT WASHINGTON, N.Y. (PRWEB) November 30, 2018
According to the Q3 2018 Games Market Dynamics: U.S.* report from leading global information company The NPD Group, overall total industry consumer spending on video gaming in the U.S. reached $9.1 billion in the third quarter of 2018 (July-Sept.), an increase of 24 percent compared to the same time period last year.
Video game content sales increased 25 percent to $7.9 billion. All content categories, which include full-game, DLC/MTX, subscriptions, and mobile saw increases, with mobile games and digital content for console and portable platforms experiencing the most growth.
The software titles having the most positive impact on dollar sales in the first half of the year include (listed alphabetically) Candy Crush Saga, Fortnite, Madden NFL 19, Marvel's Spider-Man and NBA 2K19.
Hardware sales grew 11 percent in the quarter to $737 million, led by Xbox One, PS4 and Plug & Play devices like NES Classic and SNES Classic. Accessory sales* grew 44 percent in Q3 2018 when compared to a year ago, with headset and game card sales setting all-time records in Q3 dollar spending. Game cards sales reached a record high, growing 63 percent to surpass accessories for the first time in the third quarter of a calendar year.
“The Video Game market in the U.S. continues to thrive with compelling gaming content expanding the market, driving higher spending of hardware, accessory and software,” said Mat Piscatella, games industry analyst at The NPD Group. “And with the sales strength of recent releases such as Marvel's Spider-Man and NBA 2K19, combined with cross-platform titles such as Fortnite, there appears to be no slowing down as we head into the final stretch of the holiday shopping season.”
Methodology: Games Market Dynamics: U.S. provides a comprehensive measure of the consumer spend on video games in the U.S. including purchases of video games hardware, software and accessories as well as on PC games. It is released on a quarterly basis and provides insight and trending into the broader consumer spend on the industry including physical format sales such as new and used physical retail sales as well as game rentals, and digital format sales including full game digital downloads and downloadable content (DLC), spending on subscriptions and mobile gaming. This assessment of the broader consumer spend on the industry utilizes NPD’s monthly POS tracking services as well as consumer data from other NPD trackers, monitors, and reports.
*Accessory sales exclude game cards
# # #
About The NPD Group, Inc.
NPD offers data, industry expertise, and prescriptive analytics to help our clients grow their businesses in a changing world. Over 2000 companies worldwide rely on us to help them measure, predict, and improve performance across all channels, including brick-and-mortar and e-commerce. We have offices in 27 cities worldwide, with operations spanning the Americas, Europe, and APAC. Practice areas include apparel, appliances, automotive, beauty, books, B2B technology, consumer technology, e-commerce, fashion accessories, food consumption, foodservice, footwear, home, juvenile products, media entertainment, mobile, office supplies, retail, sports, toys, travel retail, games, and watches / jewelry. For more information, visit npd.com. Follow us on Twitter: @npdgroup @npd_entertain
Contact:
David Riley
+1 (917) 543 5465
david.riley(at)npd.com
Reported by PRWeb 3 hours ago.
ATHENS, Greece, Nov. 30, 2018 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK, Oslo: SBLK R), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that, pursuant to the Company’s previously announced share repurchase program, the Company purchased yesterday 49,964 of its common shares in open market transactions at an average price of $9.7453 for aggregate consideration of $486,914. The Company shall cancel all the common shares it has repurchased.On November 29, 2018, the Company announced a share repurchase program to purchase up to an aggregate of $50.0 million of the Company’s common shares. The timing and amount of any repurchases will be in the sole discretion of the Company’s management team, and will depend on legal requirements, market conditions, stock price, alternative uses of capital and other factors. Repurchases of common shares may take place in privately negotiated transactions, in open market transactions pursuant to Rule 10b-18 of the Exchange Act and/or pursuant to a trading plan adopted in accordance with Rule 10b5-1 of the Exchange Act. The Company is not obligated under the terms of the program to repurchase any of its common shares. The repurchase program has no expiration date and may be suspended or terminated by the Company at any time without prior notice. Common shares repurchases as part of this program will be cancelled by the Company.
*About Star Bulk*
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk’s vessels transport major bulks, which include iron ore, coal and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK” and on the Oslo Stock Exchange under the ticker “SBLK R”. On a fully delivered basis, Star Bulk will have a fleet of 112 vessels, with an aggregate capacity of 12.74 million dwt, consisting of 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 17 Ultramax and 12 Supramax vessels with carrying capacities between 52,055 dwt and 209,537 dwt. Where we refer to information on a “fully delivered basis,” we are referring to such information after giving effect to the delivery of three newbuilding vessels and two secondhand vessels we have agreed to acquire, which we expect will be delivered to us by the end of the second quarter of 2019. The Company also holds call options and has sold respective put options on four Capesize vessels, with exercise dates in early April 2019.
*Forward-Looking Statements*
Matters discussed in this press release may constitute forward looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by the Company’s management of historical operating trends, data contained in its records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include general dry bulk shipping market conditions, including fluctuations in charterhire rates and vessel values; the strength of world economies; the stability of Europe and the Euro; fluctuations in interest rates and foreign exchange rates; changes in demand in the dry bulk shipping industry, including the market for our vessels; changes in our operating expenses, including bunker prices, dry docking and insurance costs; changes in governmental rules and regulations or actions taken by regulatory authorities; potential liability from pending or future litigation; general domestic and international political conditions; potential disruption of shipping routes due to accidents or political events; the availability of financing and refinancing; our ability to meet requirements for additional capital and financing to complete our newbuilding program and grow our business; the impact of the level of our indebtedness and the restrictions in our debt agreements; vessel breakdowns and instances of off‐hire; risks associated with vessel construction; potential exposure or loss from investment in derivative instruments; potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management and our ability to complete acquisition transactions as planned. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication.
*Contacts*
*Company:*
Simos Spyrou, Christos Begleris
Co ‐ Chief Financial Officers
Star Bulk Carriers Corp.
c/o Star Bulk Management Inc.
40 Ag. Konstantinou Av.
Maroussi 15124
Athens, Greece
Email: info@starbulk.com
www.starbulk.com
*Investor Relations / Financial Media:
*Nicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, NY 10169
Tel. (212) 661‐7566
E‐mail: starbulk@capitallink.com
www.capitallink.com
Reported by GlobeNewswire 2 hours ago.
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Here is what you need to know.
1. *Trump says he will be 'very productive' at the G20 summit. *President Donald Trump arrived in Argentina on Thursday, and tweeted that he has "a very busy two days planned," with the main event being trade negotiations with Chinese President Xi Jinping.
2. *Goldman Sachs has some low risk, high reward trading strategies to help investors profit from the G20. *The bank's derivatives strategy team studied the seven periods of volatility surrounding various trade-war headlines this year and identified 21 stocks and four sectors where investors can make realtively low-risk bets by buying calls.
3. *China's manufacturing sector hits stall speed. *The government's purcashing managers index printed 50.0 in November, its weakest reading since July 2016, and is at a level that shows the sector is neither expanding nor contracting, according to data released Friday by China's National Bureau of Statistics.
4. *Floyd Mayweather Jr. and DJ Khaled will each pay big fines after illegally touting ICOs. *The boxing champ Floyd Mayweather Jr. and the record producer DJ Khaled will each pay fines of more than $100,000 to settle charges that they promoted initially coin offerings without disclosing they were paid for it, the US Securities and Exchange Commission said on Thursday.
5. *Marriott says 500 million customers had their data hacked. *The hotel chain announced Friday that 500 million customers who stayed at hotels including W, Sheraton, and Westin as far back as 2014 had their information accessed, including an unspecified number who had their credit card details taken.
6. *Sheryl Sandburg reportedly wanted to know if George Soros was shorting Facebook's stock. *Sandburg, Facebook's COO, reportedly requested opposition research on the billionaire and wanted to know if he was shorting her company's stock, after he publicly critcized the social-media network.
7. *Nintendo Switch sales are on track to miss Wall Street targets despite a record-setting Black Friday weekend. *The Nintendo Switch saw sales jump 115% year-over-year on Black Friday weekend, but the video-game maker is on track to sell 35 million units by March 2019, shy of the 38 million units that analysts surveyed by Bloomberg are hoping for.
8. *The Tesla of China loses its US CEO. *Padmasree Warrior, the US CEO of the Chinese electric-car maker Nio, will leave the company in December for "personal interests," according to a filing out Friday.
9. *Stock markets around the world trade mixed. *China's Shanghai Composite (+0.81%) led the advance in Asia and Britain's FTSE (-0.7%) trails in Europe. The S&P 500 is set to open lower by 0.26% near 2,731.
10. *US economic data trickles out. *Chicago PMI will be released at 9:45 a.m. ET. The US 10-year yield is down 2 basis points at 3.01%.
Join the conversation about this story »
NOW WATCH: The science of why human breasts are so big
Reported by Business Insider 2 hours ago.
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According to the report, the global mobile payment technology market was valued at around USD123.5 billion in 2017 and is expected to reach approximately USD 3,371.6 billion by 2024, at a CAGR of 60% between 2018 and 2024.
New York, NY, Nov. 30, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Mobile Payment Technology Market by Payment Mode (Proximity Payment and Remote Payment), by Technology (NFC, QR Code, WAP & Card-Based, Digital Wallet, Banking App-based, SMS-based/DCB, and Others [USSD/STK, MST, etc.]), and by Application (BFSI, Retail, Healthcare, Entertainment, IT and Telecom, Energy & Utilities, Hospitality & Tourism, and Others [Education, Government]): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024’’*. According to the report, the global mobile payment technology market was valued at around USD123.5 billion in 2017 and is expected to reach approximately USD 3,371.6 billion by 2024, at a CAGR of 60% between 2018 and 2024.
Payment processed through mobile/ Smartphone for goods, services, or transfer of money is termed as mobile payment, and the technology used to accomplish the task is known as mobile payment technology. This modern method of facilitating payment transactions based on new-age payment channels and technologies is prognosticated to take payment industry to next level.
*Browse through 81 Tables & 34 Figures spread over 142 Pages and in-depth TOC on “Global Mobile Payment Technology Market: Industry Size, Share, Trends, Growth, Analysis and Forecast, 2017-2024”.*
*Request Free Sample Report of Global Mobile Payment Technology Market Report @ *https://www.zionmarketresearch.com/sample/mobile-payment-technology-market
The simplicity and swiftness provided to consumers by means of consistent technological advancement in the mobile payment industry are driving the growth of the global mobile payment technology market. Owing to the humongous rise in the number of mobile users, mobile payments have depicted strong growth in the last couple of years. In 2017, around 50% of the U.S. cell phone users were indulged in some kind of mobile payment activities and the figure is projected to reach 90% by 2020 with the use of various technologies such as Apple Pay and Android Pay.
Major factors contributing to the global payment industry growth is high adoption rate of mobile phone users as well as faster internet connectivity, for instance, the increasing penetration of mobile retail transactions and e-commerce activities in the Asian market. In 2016, an m-commerce sector in India accrued revenue of around USD 10.46 billion and is expected to witness a four-fold growth by 2020 to reach USD 40 billion. Also, the increasing penetration rate of contactless POS in shopping malls, restaurants, and small retail shops will drive the mobile payment technology market growth in the coming years. The risks associated in processing mobile payments including financial details of the card owner during the transaction can pose a threat for the market growth. Government initiatives in promoting digital payments are expected to create new opportunities in the mobile payment technology market.
*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/mobile-payment-technology-market
Mobile payment technology market is segmented based on payment mode, technology, applications, and region. Payment mode segment is categorized into proximity payment and remote payment. NFC, QR code, WAP & card-based, digital wallet, banking app-based, SMS-based/DCB, and others [USSD/STK, MST, etc.]are the technology-based segmentation of the mobile payment technology market. The rise in NFC enabled smartphones is anticipated to boost the NFC segment growth and is likely to account for a substantial share towards mobile payment technology market. Various applications pertaining to mobile payment technology are BFSI, retail, healthcare, entertainment, IT and telecom, energy & utilities, hospitality & tourism, and others [education, government]. Increasing adoption of mobile payments in the banking sector is expected to boost BFSI’s share in the estimated timeframe.
North America is expected to hold a substantial share in the global mobile payment technology market in terms of revenue, owing to significant adoption of mobile phones (more than 70%) in the U.S. The technology is increasingly being used in BFSI and government sectors, as it offers both security and transparency along with quick payment processing alternatives. Apple Pay, PayPal, and Android Pay are the most trusted and popular methods for mobile payments in the U.S. In 2016, the mobile payments market in Canada reached 21.3 billion consumers, accounting for business transactions worth USD 9.2 trillion as compared to 1.2 billion consumers in 2015 with transactions worth USD 30 billion, registering a growth of 70%. According to a report, 51% of Canadian consumers expect that most of the transactions in the future will take place through their smartphones.
*Request for Discount: *https://www.zionmarketresearch.com/requestdiscount/mobile-payment-technology-market
Europe is anticipated to hold a notable share in the global mobile payment technology market during the forecast period, owing to the European Union’s initiatives to promote digital currency. European citizens prefer mobile payments, owing to the European Payments Council (EPC) promotion of electronic payments through innovative instruments such as mobile and cards.
Portugal prefers and follows modern financial system with many Portuguese use cards more frequently and carry the least amount of cash of all European citizens. According to the European Central Bank, in 2016, average amount of cash carried by Portuguese was lowest (29 Euros) as compared to (63 Euros) for all other eurozone countries. The EPC aims at harmonization of electronic payment method in SEPA (Single Euro Payments Area) region, to ease transactions for the European citizens as they pay in their own country. Partnering with global firms has benefited regional companies to expand their reach. For instance, PayPal signed an agreement with Vodafone, allowing the California-based payments firm to have a powerful ally in Europe to implement Near Field Communication technology.
Browse the full *"Mobile Payment Technology Market by Payment Mode (Proximity Payment and Remote Payment), by Technology (NFC, QR Code, WAP & Card-Based, Digital Wallet, Banking App-based, SMS-based/DCB, and Others [USSD/STK, MST, etc.]), and by Application (BFSI, Retail, Healthcare, Entertainment, IT and Telecom, Energy & Utilities, Hospitality & Tourism, and Others [Education, Government]): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024"* report at https://www.zionmarketresearch.com/report/mobile-payment-technology-market
Asia Pacific is projected to contribute the largest revenue share in global mobile payments technology market, owing to huge presence of Smartphone users coupled with favorable government initiatives promoting digital payments. Regional players are collaborating with foreign government or private firms to facilitate mobile payment in their respective countries. For instance, Alipay, a Chinese company in collaboration with the Singapore Tourism Bureau (STB) demonstrated the ability of consumers to travel without using any cash. Alipay helped consumers purchase souvenirs, meals, transportations, and accommodations. Earlier in 2017, Alipay presented similar demonstration in Finland to promote cashless transactions. Recently, Australia’s Mobile Credit Payment (MC Payment) started delivering payments via messaging apps to Indonesia. Demonetization in India took place in 2016, which opened several avenues for implementing digital payment schemes in the country. Millions of POS machines were brought by small retailers, in villages, at ticket counters, and other places that triggered the growth of mobile payments in India.
Major players operating in the global mobile payment technology market are American Express Co., Fortumo, BhartiAirtel Ltd., MasterCard International Inc., Microsoft Corporation, Boku Inc., PayPal Inc., AT&T Inc., and Visa Inc. The acquisition is the primary strategy adopted by the global players in the mobile payment technology market. In 2015, PayPal, an American multinational company operating in the online payment systems, acquired Xoom, a digital remittance provider.
*Request customized copy of report @ *https://www.zionmarketresearch.com/custom/931
*The report segments the global mobile payment technology market as follows:*
*Mobile Payment Technology Market: Payment Mode Segment Analysis*
· Proximity Payment
· Remote Payment
*Mobile Payment Technology Market: Technology Segment Analysis*
· NFC
· QR Code
· WAP & Card-Based
· Digital Wallet
· Banking App-based
· SMS-based/DCB
· Others ([USSD/STK, MST, etc.]
*Mobile Payment Technology Market: Application Segment Analysis*
· BFSI
· Retail
· Healthcare
· Entertainment
· IT and Telecom
· Energy & Utilities
· Hospitality & Tourism
· Others (Education, Government)
*Mobile Payment Technology Market: Regional Segment Analysis*
· North America
· The U.S.
· Europe
· UK
· France
· Germany
· Asia Pacific
· China
· Japan
· India
· Latin America
· Brazil
· The Middle East and Africa
*Browse Related Reports:*
· *Blockchain in Retail Market: *https://www.zionmarketresearch.com/report/blockchain-retail-market
· *Dashboard Software Market:* https://www.zionmarketresearch.com/report/dashboard-software-market
· *AI in Agriculture Market:* https://www.zionmarketresearch.com/report/ai-in-agriculture-market
· *Customer Engagement Solutions Market: *https://www.zionmarketresearch.com/report/customer-engagement-solutions-market
· *Intelligent Apps Market:* https://www.zionmarketresearch.com/report/intelligent-apps-market
*About Us:*
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NET ASSET VALUE BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC 5493003R8FJ6I76ZUW55 The unaudited net asset values for BlackRock Greater Europe Investment Trust plc at close of business on 29 November 2018 were: 344.55p Capital only (undiluted) 344.55p Capital only (Diluted for...
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Dublin, Nov. 30, 2018 (GLOBE NEWSWIRE) -- The "Global Water Testing Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to *ResearchAndMarkets.com's* offering.The water testing equipment market was valued US$ 3.38 Bn in 2017 and estimated to grow with a CAGR of 5.8% during the forecast period from 2018 to 2026.
Scarcity of safe drinking water is transforming itself into monstrous issues and expected to aggravate on a tremendous scale in coming years. Shrinking water sources left no alternatives for people in developing and underdeveloped countries to turn towards feasible and available water sources such as groundwater and lakes to quench their thirst.
Water quality demonstrates completely different profile with change in terrain, region, and conditions offering challenges to treat water before safe consumption. Several factors including global warming, use of harmful chemicals and metals, and adulteration restrict use of water for drinking, processing, and agriculture among others. Consequently, demand for water testing equipment experiencing continuous surge for testing physical, chemical and biological parameters of water.
Almost every nation have published their regulations and standards for determining the condition of water. Organizations such as European Drinking Water Directive, States Environmental Protection Agency (EPA), China's GB3838-2002 and Australian Drinking Water Guidelines among others follow strict testing guidelines and parameters for water consumptions. Countries, where such standards do not exist, follow guidelines set by World Health Organizations (WHO).
All industries and other end-user have to abide by these regulations and often incorporate water testing equipment for checking the quality of water. Stringent regulations and urging need of fresh usable water worldwide encouraging the growth of water testing equipment market.
Several major and minor water test equipment market confront each other in this highly fragmented market. The level of competition between these companies is intense and often need to undertake several new avenues & strategies to maintain their market position. With new biological threats and impurities uncovering themselves as new hazards, water testing equipment manufacturers have to keep themselves on toes to incorporate such threats into their testing spectrum.
The research include business scope and development of few of the major water testing equipment vendors including ABB Ltd., General Electric Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Emerson Electric Co., Honeywell International Inc., Global Treat Inc., Horiba Ltd, Shimadzu Corporation, Agilent Technologies Inc., Tintometer Gmbh and Mettler-Toledo International Inc. among others.
*Key Analysis Covered*
· Latest trends in water test equipment market and growth prospects for water testing equipment manufacturers
· Stringent government regulations and growing demand for fresh & safe drinking water creating a positive impact on water test equipment market
· Different testing parameters, types, and availability used to provide accurate and precise water testing and their market estimations
· Largest and fastest growing segments in terms of testing parameters, product type, and end-user
· Most prominent geographical regions/ countries for the water testing equipment market
*Key Topics Covered*
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Water Testing Equipment Market
2.2 Global Water Testing Equipment Market, by Testing Parameters
2.3 Global Water Testing Equipment Market, by Product Type
2.4 Global Water Testing Equipment Market, by End-user
2.5 Global Water Testing Equipment Market, by Geography
Chapter 3 Market Dynamics
3.1 Global Water Testing Equipment Market Overview
3.1 Market Dynamics
3.2 See-Saw Analysis
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
Chapter 4 Global Water Testing Equipment Market Analysis, by Testing Parameters
4.1 Overview
4.2 Physical Parameter
4.3 Chemical Parameter
4.4 Biological Parameter
Chapter 5 Global Water Testing Equipment Market Analysis, by Product Type
5.1 Overview
5.2 Portable
5.3 Handheld
5.4 Bechntop
5.5 Disposable
Chapter 6 Global Water Testing Equipment Market Analysis, by End-user
6.1 Overview
6.2 Research & Development
6.3 Industrial
6.4 Environment
6.5 Government
6.6 Healthcare
6.7 Others
Chapter 7 North America Water Testing Equipment Market Analysis
Chapter 8 Europe Water Testing Equipment Market Analysis
Chapter 9 Asia Pacific Water Testing Equipment Market Analysis
Chapter 10 Rest of the World (RoW) Water Testing Equipment Market Analysis
Chapter 11 Company Profiles
11.1 ABB Ltd.
11.2 General Electric Company
11.3 Danaher Corporation
11.4 Thermo Fisher Scientific Inc.
11.5 Emerson Electric Co.
11.6 Honeywell International Inc.
11.7 Global Treat Inc.
11.8 Horiba Ltd.
11.9 Shimadzu Corporation
11.10 Agilent Technologies Inc.
11.11 Tintometer GmbH
11.12 Mettler-Toledo International Inc.
For more information about this report visit https://www.researchandmarkets.com/research/nmp47d/worldwide_water?w=12
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Related Topics: Water Treatment
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MADRID (AP) — The Latest on migration into Europe (all times local):1 p.m.The German government says Chancellor Angela Merkel will travel to Morocco for a Dec. 10 conference meant to approve a U.N.-backed migration pact that is...
Reported by New Zealand Herald 2 hours ago.
Software as a Service (Saas) provider qualifies as a "Weatherhead 100 Centurion"
CLEVELAND (PRWEB) November 30, 2018
OEConnection LLC (OEC), a top technology employer in Northeast Ohio, announced that it has been named to the Weatherhead 100 list of fastest-growing organizations in Northeast Ohio as a 2018 Centurion Winner. This is the company’s sixth time appearing on the Weatherhead 100 list. Presented by Case Western Reserve University’s Weatherhead School of Management, Weatherhead 100 is the premier recognition of companies that best exemplify leadership, growth and success in the region. Qualifying Centurion companies must demonstrate measurable revenue growth over the past five years and net sales of $100 million or more in the last year.
“As we celebrate the company’s 18th anniversary in December, it’s amazing to look back at the incredible growth OEC has enjoyed from its days as a start-up to now being recognized as a Centurion,” said Chuck Rotuno, OEC Chairman & CEO. “The future has never been brighter at OEC, with plans to expand our best-in-class data, software and service offerings further into Europe and Asia Pacific in the next few years.”
OEC and other 2018 Weatherhead 100 award winners were honored at a black-tie event on Thursday, November 29, at the Hilton Cleveland Downtown.
About OEC
OEConnection (OEC) is the leading automotive technology provider for OEM distribution networks, enabling automakers and dealerships around the world to deliver parts and service information quickly and accurately into the hands of repairers in collision, fleet, mechanical and retail segments, as well as their own service lanes, through a suite of parts cataloging, supply chain, pricing, ecommerce, service and business intelligence solutions. OEC serves nearly 50 international auto brands and fleet companies, and more than 150,000 dealership and repair customers worldwide. OEC is headquartered in the greater Cleveland area at 4205 Highlander Parkway, Richfield, Ohio, USA, 44286. Additional information is available at http://www.oeconnection.com or by emailing Kathy Jambor at Kathy.Jambor(at)OEConnection.com.
CONTACT: Kathy Jambor
888-776-5792, x1649
Reported by PRWeb 2 hours ago.
