Reported by FT.com 50 minutes ago.
Fast Europe Open: UK construction activity, eurozone producer prices
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Enes Kanter slams ‘scared little rats’ as NBA leaves Erdogan critic off list of best Turkish players
New York Knicks star Enes Kanter called the NBA “scared little rats” after he was left off a promotional graphic celebrating the best Turkish basketball talent. The image, posted on NBA Europe’s Instagram account, featured three Turkish players other than Kanter, and asked fans to choose which has had the best season so far. But Kanter is easily the most-high profile player from his country in the NBA and felt his omission was because of his public criticism of Turkish...
Reported by S.China Morning Post 44 minutes ago.
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Despite innovation, Europeans wait years for new cancer drugs
By Kate Kelland LONDON (Reuters) - Rapid advances in cancer science have increased the number of new oncology drugs being developed, but delays in regulation and approvals mean patients in Europe often wait years to be able to access them, researchers said on Tuesday. A report led by Britain's Institute for Cancer Research (ICR) found the average time from the start of a drug's early stage, or Phase I, clinical trials to a marketing licence being granted by European Medicines Agency (EMA) regulators grew to 9.1 years in 2009 to 2016, from 7.8 years in 2000 to 2008. It also found big differences in rates of development of new cancer drugs for various types of the disease: 15 drugs for breast cancer were licensed in Europe from 2000 to 2016, but none at all for brain tumours.
Reported by Firstpost 49 minutes ago.
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Dr. Ron Roberts On Sex Work And Millennials – Interview
Dr. Ron Roberts is an Honorary Lecturer in Psychology at Kingston University, a Chartered Psychologist and Assoc. Fellow of the British Psychological Society. His new book is Capitalism on Campus: Sex Work, Academic Freedom and the Market.
*Your book chronicles the rising rate of UK university students who work in the Adult Entertainment (AE) industry over the past two decades. Can you summarize why you think this is happening?*
The marketisation of higher education, with the pushing of costs onto students: student loans and tuition fees, plus the abolition of maintenance grants. In addition to this, young people are living in an insecure hyper-materialist culture in which there are few well paid jobs available for them and yet increased demands to live well and participate in the consumer society. On top of all that the ‘mainstreaming’ of sexual consumption, and the move of the middle classes into different forms of sex work, as increasingly everyone must pay to keep the rich wealthy.
*Are the rates of uni-student AE participation lower in Western countries with small or non-existent tuition fees, like Austria?*
I could only speculate – there simply isn’t the data and researchers face serious difficulties trying to do the work. What we do know is that here (the UK), the US, in various countries in Europe and Australia, students have turned to sex work.
*Do you think prostitution should be legalized, decriminalized in the Nordic model or should the government try to prevent women from wanting to become prostitutes through jobs programs/social welfare/etc.?*
The Nordic model is a disaster, with evidence suggesting it is doing women no favours and only making the lives of sex workers more difficult and more dangerous. Personally I’m in favour of decriminalizing sex work. The women and men who work in the sex industry have a hard enough time as it is without the pressures that the law imposes.
*The US Federal Reserve has spent trillions on post-Recession quantitative easing. Should the US government buy up the toxic asset that is the $1.5T student debt burden?*
Another interesting question… If quantitative easing involved putting money directly into people’s hands (or bank accounts) it might have a much bigger effect on kick-starting economic activity. Rather than the Government buying the loans back, I would suggest a tax, either on capital gains or on corporate profits, to pay for it. University education provides free training in many ways for corporate America. It is high time that they paid for the benefits they get from these highly educated workers.
*Should university education always be free?*
In a nutshell, yes.
*What do you think is the highest source of skyrocketing tuition fees: the conversion of universities to de facto corporate-vocational mills, the shifting of the bill from governments to individual students, or the explosion in the number of private universities?*
All these factors you mention are essentially the same – the corporatization of education – the consequence of neoliberalism, which can only recognize the supposed costs of different activities and never the value. Turning universities into degree factories is going to have a whole host of negative consequences down the line. In fact, some of these unintended consequences are already here, like a society that has lost sight of how important critical thinking is.
*You express a healthy skepticism of psychology, writing, “Psychology has been a willing accomplice in the privitisation of stress… with an enforced diet of positive thinking, psychotherapy, counseling, CBT [cognitive behavioral therapy] and mindfulness.” Do you think over-diagnosing and classroom/technological changes are responsible for most of the rise in rates of mental illness among young people?*
I’m very skeptical of the whole concept of mental illness. I prefer to see issues in terms of the distress inflicted on people by the lack of power -both in their immediate environment and beyond.
But for sure, younger people are living and being brought up in an increasingly ‘toxic’ environment for human well-being. Over-diagnosis is certainly problematic. Throughout the Western world, we are seeing what are essentially moral and political problems and what Thomas Szasz used to call ‘problems in living’ passed off as medical issues. Thus, problems that are properly situated in larger social, economic and interpersonal contexts are being represented as individual ‘psychiatric disorders’. As the system collapses and continues in the same vein, we can expect to see more of the same – an extreme example of the way classical economics externalises all the costs of the current system of production.
*Do you think the aggressive treatment of children with medium-impact disorders like Asperger’s and ADHD is the social equivalent of trying to force a round peg in a square hole? For instance, many of society’s greatest innovators are socially atypical.*
We have lost sight of the fact that it is OK to be different – a ‘healthy’ society depends on it. One doesn’t need a medical diagnosis for it to be OK to be a bit different.
*You’ve written a couple books that are critical of Western psychology. As a psychologist, how would you reform the field?*
Perhaps I haven’t really got the space here…but I do see some encouraging signs (1) that psychology is making bridges with the arts and other disciplines (2) that the medical model of psychiatric disorder is increasingly being shown to be bankrupt and that 3) the intrinsically political nature of the discipline is being recognized. I’d like to see more emphasis on people: students and staff being encouraged/allowed to ask their own questions and for the discipline to comprise programs of study that people design for themselves – perhaps in collaboration with others.
*Are helicopter parenting and an exam-based educational system emotionally stunting children in the UK?*
I think there is a good case to be made that they are. In the UK, there is an obsession with testing and ranking. This is having a very damaging effect on people’s educations.
*You write about how political correctness from fellow professors has stifled your research into uni-student AE workers. Do you think political correctness (PC) in UK universities is limited to this narrow field or is it a much wider issue?*
I wouldn’t describe it as political correctness – more the intentional suppression of academic freedom. The universities have forgotten that people who engage in sex work are human beings doing their best to make sense of this life. I do find it interesting that the discussions of academic freedom on UK campuses – about no-platforming various speakers for example- never discuss the real and much bigger problem of the curtailment of academic freedom in order to satisfy the corporate interests of universities and big business. Young people are struggling to gain control of their lives in an era when so much effort is being extended elsewhere to take it away from them.
*Is PC outrage culture a major social driving force with UK students?*
I personally do not think so. Blaming student politics is a convenient distraction from the real problems on campus. Reported by Eurasia Review 27 minutes ago.
*Your book chronicles the rising rate of UK university students who work in the Adult Entertainment (AE) industry over the past two decades. Can you summarize why you think this is happening?*
The marketisation of higher education, with the pushing of costs onto students: student loans and tuition fees, plus the abolition of maintenance grants. In addition to this, young people are living in an insecure hyper-materialist culture in which there are few well paid jobs available for them and yet increased demands to live well and participate in the consumer society. On top of all that the ‘mainstreaming’ of sexual consumption, and the move of the middle classes into different forms of sex work, as increasingly everyone must pay to keep the rich wealthy.
*Are the rates of uni-student AE participation lower in Western countries with small or non-existent tuition fees, like Austria?*
I could only speculate – there simply isn’t the data and researchers face serious difficulties trying to do the work. What we do know is that here (the UK), the US, in various countries in Europe and Australia, students have turned to sex work.
*Do you think prostitution should be legalized, decriminalized in the Nordic model or should the government try to prevent women from wanting to become prostitutes through jobs programs/social welfare/etc.?*
The Nordic model is a disaster, with evidence suggesting it is doing women no favours and only making the lives of sex workers more difficult and more dangerous. Personally I’m in favour of decriminalizing sex work. The women and men who work in the sex industry have a hard enough time as it is without the pressures that the law imposes.
*The US Federal Reserve has spent trillions on post-Recession quantitative easing. Should the US government buy up the toxic asset that is the $1.5T student debt burden?*
Another interesting question… If quantitative easing involved putting money directly into people’s hands (or bank accounts) it might have a much bigger effect on kick-starting economic activity. Rather than the Government buying the loans back, I would suggest a tax, either on capital gains or on corporate profits, to pay for it. University education provides free training in many ways for corporate America. It is high time that they paid for the benefits they get from these highly educated workers.
*Should university education always be free?*
In a nutshell, yes.
*What do you think is the highest source of skyrocketing tuition fees: the conversion of universities to de facto corporate-vocational mills, the shifting of the bill from governments to individual students, or the explosion in the number of private universities?*
All these factors you mention are essentially the same – the corporatization of education – the consequence of neoliberalism, which can only recognize the supposed costs of different activities and never the value. Turning universities into degree factories is going to have a whole host of negative consequences down the line. In fact, some of these unintended consequences are already here, like a society that has lost sight of how important critical thinking is.
*You express a healthy skepticism of psychology, writing, “Psychology has been a willing accomplice in the privitisation of stress… with an enforced diet of positive thinking, psychotherapy, counseling, CBT [cognitive behavioral therapy] and mindfulness.” Do you think over-diagnosing and classroom/technological changes are responsible for most of the rise in rates of mental illness among young people?*
I’m very skeptical of the whole concept of mental illness. I prefer to see issues in terms of the distress inflicted on people by the lack of power -both in their immediate environment and beyond.
But for sure, younger people are living and being brought up in an increasingly ‘toxic’ environment for human well-being. Over-diagnosis is certainly problematic. Throughout the Western world, we are seeing what are essentially moral and political problems and what Thomas Szasz used to call ‘problems in living’ passed off as medical issues. Thus, problems that are properly situated in larger social, economic and interpersonal contexts are being represented as individual ‘psychiatric disorders’. As the system collapses and continues in the same vein, we can expect to see more of the same – an extreme example of the way classical economics externalises all the costs of the current system of production.
*Do you think the aggressive treatment of children with medium-impact disorders like Asperger’s and ADHD is the social equivalent of trying to force a round peg in a square hole? For instance, many of society’s greatest innovators are socially atypical.*
We have lost sight of the fact that it is OK to be different – a ‘healthy’ society depends on it. One doesn’t need a medical diagnosis for it to be OK to be a bit different.
*You’ve written a couple books that are critical of Western psychology. As a psychologist, how would you reform the field?*
Perhaps I haven’t really got the space here…but I do see some encouraging signs (1) that psychology is making bridges with the arts and other disciplines (2) that the medical model of psychiatric disorder is increasingly being shown to be bankrupt and that 3) the intrinsically political nature of the discipline is being recognized. I’d like to see more emphasis on people: students and staff being encouraged/allowed to ask their own questions and for the discipline to comprise programs of study that people design for themselves – perhaps in collaboration with others.
*Are helicopter parenting and an exam-based educational system emotionally stunting children in the UK?*
I think there is a good case to be made that they are. In the UK, there is an obsession with testing and ranking. This is having a very damaging effect on people’s educations.
*You write about how political correctness from fellow professors has stifled your research into uni-student AE workers. Do you think political correctness (PC) in UK universities is limited to this narrow field or is it a much wider issue?*
I wouldn’t describe it as political correctness – more the intentional suppression of academic freedom. The universities have forgotten that people who engage in sex work are human beings doing their best to make sense of this life. I do find it interesting that the discussions of academic freedom on UK campuses – about no-platforming various speakers for example- never discuss the real and much bigger problem of the curtailment of academic freedom in order to satisfy the corporate interests of universities and big business. Young people are struggling to gain control of their lives in an era when so much effort is being extended elsewhere to take it away from them.
*Is PC outrage culture a major social driving force with UK students?*
I personally do not think so. Blaming student politics is a convenient distraction from the real problems on campus. Reported by Eurasia Review 27 minutes ago.
↧
Ineffective Decisions Destroying European Union – OpEd
European Council President Donald Tusk stated last week that the European Union will extend its existing economic sanctions on Russia this month. This decision is to be taken at a summit of EU leaders on Dec. 13-14. The EU measures against Russia’s defense, energy and banking sectors should become another “punishment” for Moscow’s role in the turmoil in Ukraine and the naval skirmish in the Sea of Azov.
Though at a news conference in Argentina Donald Tusk told that “Europe is united in its support to Ukraine’s sovereignty and territorial integrity. This is why I am sure that the EU will roll over the sanctions against Russia in December,” situation is not so univocal.
Among main supporters of sanctions are traditionally Estonia, Latvia, Lithuania and Poland.
Lithuania’s president has condemned Russia’s “aggression against Ukraine” after a naval incident. Even Lithuania’s conservative Homeland Union–Lithuanian Christian Democrats (HU-LCD) proposed that the Seimas pass a resolution calling for additional sanctions on Russia after it seized three Ukrainian Navy ships.
Poland insists that Russia should be responsible for its aggression in the Kerch Strait, the European Union should impose sanctions, Polish Foreign Minister Jacek Czaputowicz has stated.
At the same time, Special Adviser to Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Deputy Director of Istituto Affari Internazionali (IAI) Nathalie Tocci in her article on the EU Global Strategy “Europe’s Russia sanctions are not working” wrote that the situation in the Sea of Azov suggests that although EU leaders are likely to maintain their united support for sanctions, the current sanctions policy is no longer able to contain the conflict. (https://www.politico.eu/article/europe-russia-sanctions-are-not-working-ukraine-azov-sea-kerch-strait-vladimir-putin/)
The more so, Germany and France are against hitting Moscow with a new round of sanctions following a maritime clash with Ukraine, and instead want to improve trust between the nations, a media report suggests. High-ranking diplomats from France and Germany favor tackling the renewed Russian-Ukrainian tensions with more “trust-building measures,” reported German paper Die Welt. (https://www.welt.de/politik/ausland/article184580506/Russland-Ukraine-Konflikt-Trump-droht-mit-Absage-des-Treffens-mit-Putin.html).
It has become a tradition that any difficult question in the EU divides the organization and often makes it even weaker. In many cases consensus is at least reached but the number of dissatisfied members grows.
The EU ineffective foreign policy represented mainly by sanctions does not stand up to scrutiny. It is obvious that countries which want to change the European mechanisms of influence are economically strong. Those states that support sanctions are highly dependent on the US. The United States in its turn struggles for its economic interests in Europe using the support of the Baltic States. The role of these small countries is very unenviable. They are thankful to the US for help and are to follow all its political decisions. On the other hand they have lost their voice as sovereign actors in Europe, because they defend the US interest, not the European ones. Their “ready to support” image looks sometimes ridiculous and even masochistic, because they harm themselves trying to please the US.
And Russia just laughs at all attempts to punish her. Sanctions are not effective and no new tools are developed to influence Moscow. Sanctions today should be changed to more effective mechanisms. As for the Baltic States, they should take courage and admit that their foreign policy only hurt their image.
**Viktors Domburs* is an engineer, born in Latvia, and now lives in the United Kingdom. Reported by Eurasia Review 27 minutes ago.
Though at a news conference in Argentina Donald Tusk told that “Europe is united in its support to Ukraine’s sovereignty and territorial integrity. This is why I am sure that the EU will roll over the sanctions against Russia in December,” situation is not so univocal.
Among main supporters of sanctions are traditionally Estonia, Latvia, Lithuania and Poland.
Lithuania’s president has condemned Russia’s “aggression against Ukraine” after a naval incident. Even Lithuania’s conservative Homeland Union–Lithuanian Christian Democrats (HU-LCD) proposed that the Seimas pass a resolution calling for additional sanctions on Russia after it seized three Ukrainian Navy ships.
Poland insists that Russia should be responsible for its aggression in the Kerch Strait, the European Union should impose sanctions, Polish Foreign Minister Jacek Czaputowicz has stated.
At the same time, Special Adviser to Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Deputy Director of Istituto Affari Internazionali (IAI) Nathalie Tocci in her article on the EU Global Strategy “Europe’s Russia sanctions are not working” wrote that the situation in the Sea of Azov suggests that although EU leaders are likely to maintain their united support for sanctions, the current sanctions policy is no longer able to contain the conflict. (https://www.politico.eu/article/europe-russia-sanctions-are-not-working-ukraine-azov-sea-kerch-strait-vladimir-putin/)
The more so, Germany and France are against hitting Moscow with a new round of sanctions following a maritime clash with Ukraine, and instead want to improve trust between the nations, a media report suggests. High-ranking diplomats from France and Germany favor tackling the renewed Russian-Ukrainian tensions with more “trust-building measures,” reported German paper Die Welt. (https://www.welt.de/politik/ausland/article184580506/Russland-Ukraine-Konflikt-Trump-droht-mit-Absage-des-Treffens-mit-Putin.html).
It has become a tradition that any difficult question in the EU divides the organization and often makes it even weaker. In many cases consensus is at least reached but the number of dissatisfied members grows.
The EU ineffective foreign policy represented mainly by sanctions does not stand up to scrutiny. It is obvious that countries which want to change the European mechanisms of influence are economically strong. Those states that support sanctions are highly dependent on the US. The United States in its turn struggles for its economic interests in Europe using the support of the Baltic States. The role of these small countries is very unenviable. They are thankful to the US for help and are to follow all its political decisions. On the other hand they have lost their voice as sovereign actors in Europe, because they defend the US interest, not the European ones. Their “ready to support” image looks sometimes ridiculous and even masochistic, because they harm themselves trying to please the US.
And Russia just laughs at all attempts to punish her. Sanctions are not effective and no new tools are developed to influence Moscow. Sanctions today should be changed to more effective mechanisms. As for the Baltic States, they should take courage and admit that their foreign policy only hurt their image.
**Viktors Domburs* is an engineer, born in Latvia, and now lives in the United Kingdom. Reported by Eurasia Review 27 minutes ago.
↧
↧
Raisio's new strategy for 2019 - 2021
Raisio plc, Stock Exchange Release, 4 December 2018 at 8.30 am. Finnish timeRAISIO’S NEW STRATEGY FOR 2019 - 2021
Raisio’s Board of Directors has approved the new strategy of the company for 2019 - 2021. Raisio focuses on healthy food and aims to be an innovative and increasingly international brand house. Strategic growth both organically and through acquisitions is Raisio’s key target. The goal-oriented Responsibility Programme is a solid part of the strategy.
Raisio’s new Healthy Growth Strategy is based on two strong pillars. On the one hand, Raisio will continue to invest in the growth of the leading, international cholesterol-lowering Benecol brand, and on the other, the company will build a European business based on Raisio’s strong oat expertise.
Raisio also seeks growth by expanding into new markets in Europe and by strengthening the growth and profitability of its core businesses. The future Raisio is a strongly values-led company whose long-term success is enabled by its skilled and committed employees.
The Board also defined Raisio’s strategy-based financial targets. During the strategy period, the goal is to reach a higher than four per cent annual average organic net sales growth and comparable EBIT of higher than 10 per cent of net sales. Raisio aims to reach net sales of EUR 260 million and comparable EBIT of EUR 32 million in 2021. The goals have been defined for the company’s continuing operations in 2018. Raisio will continue its investments in the brands, R&D and company’s own production in its most important product categories.
RAISIO CLARIFYING ITS STRUCTURE TO MATCH BUSINESS IDEAS
In 2018, Raisio focused on its core businesses and carried out structural changes. From the beginning of 2019, the company will renew the Group's reportable segments. The new business segments will be Healthy Food and Healthy Ingredients.
The Healthy Food Business Unit focuses on the consumer brands with Europe as its market area. The Healthy Ingredients Business Unit will include fish feeds, the sale of Benecol product ingredient and the sale of grain-based foods and their ingredients for industrial and catering companies.
Raisio plc
Board of Directors
*Further information:*
President and CEO Pekka Kuusniemi, tel. +358 50 537 3883
Communications and IR Manager Heidi Hirvonen, tel. +358 50 567 3060
*Raisio plc*Raisio is an international company specialised in healthy, responsibly produced food. Our well-known brands include, for example, Benecol, Elovena, Nalle and Sunnuntai. In Raisio’s products, the focus is on well-being, health, good taste and sustainable development. Profitable growth is ensured through our strong expertise and passion for creating new. Raisio’s shares are listed on Nasdaq Helsinki Ltd. In 2017, the Group’s net sales for continuing operations totalled EUR 235 million and comparable EBIT was EUR 36 million. Our food is good for Health, Heart and Earth. For more information on Raisio go to www.raisio.com.
Distribution
Nasdaq
Key media
www.raisio.com Reported by GlobeNewswire 23 minutes ago.
Raisio’s Board of Directors has approved the new strategy of the company for 2019 - 2021. Raisio focuses on healthy food and aims to be an innovative and increasingly international brand house. Strategic growth both organically and through acquisitions is Raisio’s key target. The goal-oriented Responsibility Programme is a solid part of the strategy.
Raisio’s new Healthy Growth Strategy is based on two strong pillars. On the one hand, Raisio will continue to invest in the growth of the leading, international cholesterol-lowering Benecol brand, and on the other, the company will build a European business based on Raisio’s strong oat expertise.
Raisio also seeks growth by expanding into new markets in Europe and by strengthening the growth and profitability of its core businesses. The future Raisio is a strongly values-led company whose long-term success is enabled by its skilled and committed employees.
The Board also defined Raisio’s strategy-based financial targets. During the strategy period, the goal is to reach a higher than four per cent annual average organic net sales growth and comparable EBIT of higher than 10 per cent of net sales. Raisio aims to reach net sales of EUR 260 million and comparable EBIT of EUR 32 million in 2021. The goals have been defined for the company’s continuing operations in 2018. Raisio will continue its investments in the brands, R&D and company’s own production in its most important product categories.
RAISIO CLARIFYING ITS STRUCTURE TO MATCH BUSINESS IDEAS
In 2018, Raisio focused on its core businesses and carried out structural changes. From the beginning of 2019, the company will renew the Group's reportable segments. The new business segments will be Healthy Food and Healthy Ingredients.
The Healthy Food Business Unit focuses on the consumer brands with Europe as its market area. The Healthy Ingredients Business Unit will include fish feeds, the sale of Benecol product ingredient and the sale of grain-based foods and their ingredients for industrial and catering companies.
Raisio plc
Board of Directors
*Further information:*
President and CEO Pekka Kuusniemi, tel. +358 50 537 3883
Communications and IR Manager Heidi Hirvonen, tel. +358 50 567 3060
*Raisio plc*Raisio is an international company specialised in healthy, responsibly produced food. Our well-known brands include, for example, Benecol, Elovena, Nalle and Sunnuntai. In Raisio’s products, the focus is on well-being, health, good taste and sustainable development. Profitable growth is ensured through our strong expertise and passion for creating new. Raisio’s shares are listed on Nasdaq Helsinki Ltd. In 2017, the Group’s net sales for continuing operations totalled EUR 235 million and comparable EBIT was EUR 36 million. Our food is good for Health, Heart and Earth. For more information on Raisio go to www.raisio.com.
Distribution
Nasdaq
Key media
www.raisio.com Reported by GlobeNewswire 23 minutes ago.
↧
ADO Properties S.A. Successfully Concludes Refinancing Series
DGAP-News: ADO Properties S.A. / Key word(s): Financing/Rating
04.12.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
--------------------
*ADO Properties S.A. Successfully Concludes Refinancing Series *
· Optimizing the loan structure of the Carlos portfolio generates EUR 90 million of additional liquidity
· All current liabilities successfully refinanced, further optimization of funding structure planned
· Standard & Poor's assigns BBB-/A-3 rating, with a stable outlook
*Berlin, 4 December 2018* - ADO Properties S.A., the only residential property company with exclusive focus on Berlin that is listed in the Prime Standard, successfully concluded a series of refinancing arrangements by taking out a loan over EUR 90 million and thereby refinancing all of its current loan liabilities. The loan is secured with the existing collateral from the Carlos portfolio that the company acquired from Deutsche Wohnen in 2015.
Within the framework of these refinancing projects, ADO Properties was assigned an investment grade rating of BBB-/A-3 combined with a stable outlook by Standard & Poor's.
Florian Goldgruber, Chief Financial Officer of ADO Properties, said: "The just-concluded further financing arrangement for the Carlos portfolio replaces all current loan liabilities for maturing loans and for our commercial paper program. Despite considerable negative outside influences that hampered our refinancing efforts in recent months, we managed to conclude the overall project within the planned timeline. In addition, we were able to lower our average borrowing costs to 1.7 percent through the smart diversification of financing tools. We assume that the successful refinancing will positively influence our ratings, and we intend to take further steps toward a continuous optimization of our financing structure in the coming months."
During the fourth quarter of its financial year, ADO Properties had previously placed a promissory note loan and a convertible bond in a volume of EUR 165 million and with a five-year maturity with institutional investors. In both transactions, ADO Properties was able to successfully place new financing tools for the first time even in a difficult market environment and to demonstrate by that its reliable access to a wide spectrum of funding sources.
*About ADO Properties*
ADO Properties is a company that focuses on the residential real estate sector and owns a property portfolio of around 24,000 units in Berlin. The company operates an entirely integrated, scalable in-house platform that includes a dedicated property administration. In addition to being accountable for the condition of its apartments and buildings, ADO Properties assumes responsibility for the people who live in them, its own employees and the surrounding environment. The portfolio of ADO Properties is concentrated in central locations inside Berlin's rapid-transit circle line and in attractive districts on the city's periphery.
--------------------
04.12.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------
Language: English
Company: ADO Properties S.A.
1B Heienhaff
L-1736 Senningerberg
Luxemburg
Phone: +352 27 84 56 710
Fax: +352 26 26 34 079
E-mail: ir@ado.properties
Internet: www.ado.properties
ISIN: LU1250154413
WKN: A14U78
Indices: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
End of News DGAP News Service Reported by EQS Group 27 minutes ago.
04.12.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
--------------------
*ADO Properties S.A. Successfully Concludes Refinancing Series *
· Optimizing the loan structure of the Carlos portfolio generates EUR 90 million of additional liquidity
· All current liabilities successfully refinanced, further optimization of funding structure planned
· Standard & Poor's assigns BBB-/A-3 rating, with a stable outlook
*Berlin, 4 December 2018* - ADO Properties S.A., the only residential property company with exclusive focus on Berlin that is listed in the Prime Standard, successfully concluded a series of refinancing arrangements by taking out a loan over EUR 90 million and thereby refinancing all of its current loan liabilities. The loan is secured with the existing collateral from the Carlos portfolio that the company acquired from Deutsche Wohnen in 2015.
Within the framework of these refinancing projects, ADO Properties was assigned an investment grade rating of BBB-/A-3 combined with a stable outlook by Standard & Poor's.
Florian Goldgruber, Chief Financial Officer of ADO Properties, said: "The just-concluded further financing arrangement for the Carlos portfolio replaces all current loan liabilities for maturing loans and for our commercial paper program. Despite considerable negative outside influences that hampered our refinancing efforts in recent months, we managed to conclude the overall project within the planned timeline. In addition, we were able to lower our average borrowing costs to 1.7 percent through the smart diversification of financing tools. We assume that the successful refinancing will positively influence our ratings, and we intend to take further steps toward a continuous optimization of our financing structure in the coming months."
During the fourth quarter of its financial year, ADO Properties had previously placed a promissory note loan and a convertible bond in a volume of EUR 165 million and with a five-year maturity with institutional investors. In both transactions, ADO Properties was able to successfully place new financing tools for the first time even in a difficult market environment and to demonstrate by that its reliable access to a wide spectrum of funding sources.
*About ADO Properties*
ADO Properties is a company that focuses on the residential real estate sector and owns a property portfolio of around 24,000 units in Berlin. The company operates an entirely integrated, scalable in-house platform that includes a dedicated property administration. In addition to being accountable for the condition of its apartments and buildings, ADO Properties assumes responsibility for the people who live in them, its own employees and the surrounding environment. The portfolio of ADO Properties is concentrated in central locations inside Berlin's rapid-transit circle line and in attractive districts on the city's periphery.
--------------------
04.12.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------
Language: English
Company: ADO Properties S.A.
1B Heienhaff
L-1736 Senningerberg
Luxemburg
Phone: +352 27 84 56 710
Fax: +352 26 26 34 079
E-mail: ir@ado.properties
Internet: www.ado.properties
ISIN: LU1250154413
WKN: A14U78
Indices: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
End of News DGAP News Service Reported by EQS Group 27 minutes ago.
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Global IoT in Banking & Financial Services Market Worth Over USD 2,547 Million By 2024: Zion Market Research
According to the report, the global IoT in banking & financial services market accounted for USD 159 million in 2017 and is expected to reach USD 2,547 million by 2024, at a CAGR of 48.6% between 2018 and 2024.
New York, NY, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“IoT in Banking & Financial Services Market by Application (Data Management, Cybersecurity, Proactive Services, Product Planning & Marketing, Customer Relationship Management, and Data Analysis) by Component (Hardware, Software, and Service), and by End-User (Banks, Insurance Companies, Mortgage Companies, Brokerage Firms, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024”*. According to the report, the global IoT in banking & financial services market accounted for USD 159 million in 2017 and is expected to reach USD 2,547 million by 2024, at a CAGR of 48.6% between 2018 and 2024.
IoT refers to the network of physical objects that are connected over the internet for transferring information without human intervention. These devices utilize embedded technology for communication. IoT is now being used in for banking and financial services to save time and reduce additional costs in various operations, such as accounts handling, payments, data management and verification, fraud detection, etc.
*Browse through 84 Tables & 30 Figures spread over 148 Pages and in-depth TOC on “Global IoT in Banking & Financial Services Market: By Type, Size, Share, Trends, Applications, Segments, Analysis and Forecast, 2017 – 2024”.*
*Request Free Sample Report of Global IoT in Banking & Financial Services Market Report @* https://www.zionmarketresearch.com/sample/iot-in-banking-financial-services-market
Increasing number of smartphone users in the last decade is likely to propel the IoT in banking & financial services market. Various banks and other financial institutes are offering mobile banking and online payments, among other services. In 2016, the number of smartphone users globally was 2.1 billion as compared to 1.86 billion in 2015. Considering this growth, financial institutes are likely to adopt IoT to streamline their services and payment processes. In 2016, Santander announced its plan to offer mortgage schemes to their customers on smartphones along with providing the facility to scan and verify clients required documents on the bank’s mobile app.
Growing investments made by insurance firms in IoT are anticipated to fuel the IoT in banking & financial services market during the forecast timeframe. In 2016, insurance companies invested USD 711 million, accounting for 44% of the insurtech investments as compared to 10% in 2015. Furthermore, insurance technology startups have been successful in garnering investments. In 2016, Coya, a European digital insurance provider, raised about USD 10 million.
*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/iot-in-banking-financial-services-market
The IoT in banking & financial services market is fragmented based on component, application, and end-user. By component, this market includes hardware, software, and service. The software segment is projected to dominate the IoT in banking & financial services market during the forecast timeframe, due to the introduction of various online banking and payment platforms on smartphones. By application, the IoT in banking & financial services market is divided into data management, cybersecurity, proactive services, product planning and marketing, customer relationship management, and data analysis. By end-user, this market is divided into banks, insurance companies, mortgage companies, brokerage firms, and others. Mortgage companies are projected to grow at a noteworthy rate during the estimated time period. IoT helps the mortgage companies to monitor their condition in real-time and conduct remote maintenance of properties.
North America is anticipated to hold a significant share in the global IoT in banking & financial services market, as it is the most technologically advanced region. The U.S. is a major contributor in this regional market. In 2017, IoT companies of the U.S. have received funding of nearly USD 125 billion. Furthermore, in 2018, Microsoft Corporation announced its plan to spend USD 5 billion in IoT over the next four years to develop new products and services in the field. Additionally, Amazon and Google are leveraging technological benefits through collaboration and acquisitions, which, in turn, is likely to facilitate additional features in the IoT technology stack.
*Request Discount On This Report: *https://www.zionmarketresearch.com/requestdiscount/iot-in-banking-financial-services-market
Europe is expected to hold a considerable share in the IoT in banking & financial services market, due to the initiatives were taken by the government of various nations. In 2018, the UK government announced additional funding of USD 75 million for IoT technologies to develop additional devices and services. Thus, the total investments made by the UK government considering these additional funds for IoT have reached USD 120 million. Furthermore, Europe’s recognized insurance company, Munich Re, has acquired IoT platform developer “Relayr” for nearly USD 300 million to explore the company’s IoT platform in insurance. Thus, the expansion of the European IoT in banking & financial services market is evident in the upcoming years.
The Asia Pacific has tremendous potential in the IoT in banking & financial services market during the forecast timeframe. Digitalization of banking and other financial services in developing economies, such as China, India, and South Korea, is likely to boost this market. In 2018, “Bank of China Group Investment Ltd.” and “Singapore Global Logistics Properties” announced a funding of USD 70 million to G7, a Chinese IoT solutions provider. Furthermore, in 2016, India and Japan announced the “Japan-India IoT Initiative” to promote IoT investments. In 2017, Japan’s SoftBank Corp. announced investments in ENCORED INC, an IoT platform provider. In India, IT spending in banking and securities firm reached USD 9.1 billion, about 11.7% more than 2016. Thus, Asia Pacific is projected to witness a significant rise in the IoT in banking & financial services market by 2024.
Browse the full "*IoT in Banking & Financial Services Market by Application (Data Management, Cybersecurity, Proactive Services, Product Planning & Marketing, Customer Relationship Management, and Data Analysis) by Component (Hardware, Software, and Service), and by End-User (Banks, Insurance Companies, Mortgage Companies, Brokerage Firms, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024*" Report at https://www.zionmarketresearch.com/report/iot-in-banking-financial-services-market
The Middle East and Africa are expected to contribute substantially toward the growth of the IoT in banking & financial services market during the estimated timeframe. Rising investments from various financial institutes in the region are driving this market. “Mubadala Investment Company”, one of UAE’s funding organizations contributed about USD 15 billion in technology. Furthermore, the number of fintech startups is increasing in this region. In 2017, the total financial technology startup deals in MENA were valued at USD 66.6 million. These investments are anticipated to rise in the upcoming years, owing to the increasing adoption of online payment.
Some major players of the global IoT in banking & financial services market are Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Cisco Systems, Inc., Accenture, Infosys Limited, Vodafone Group Plc, Software AG, and Capgemini SE among, others.
*Inquire more about this report before purchase @* https://www.zionmarketresearch.com/inquiry/iot-in-banking-financial-services-market
*This report segments the global IoT banking & financial services market as follows:*
*Global IoT in Banking & Financial Services Market: Application Segment Analysis*
· Data Management
· Cyber Security
· Proactive Services
· Product Planning & Marketing
· Customer Relationship Management
· Data Analysis
*Global IoT in Banking & Financial Services Market: Component Segment Analysis*
· Hardware
· Software
· Service
*Global IoT in Banking & Financial Services Market: End-User Segment Analysis*
· Banks
· Insurance Companies
· Mortgage Companies
· Brokerage Firms
· Others
*Global IoT in Banking & Financial Services 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
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*About Us:*
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
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*Blog: *http://zmrblog.com Reported by GlobeNewswire 23 minutes ago.
New York, NY, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“IoT in Banking & Financial Services Market by Application (Data Management, Cybersecurity, Proactive Services, Product Planning & Marketing, Customer Relationship Management, and Data Analysis) by Component (Hardware, Software, and Service), and by End-User (Banks, Insurance Companies, Mortgage Companies, Brokerage Firms, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024”*. According to the report, the global IoT in banking & financial services market accounted for USD 159 million in 2017 and is expected to reach USD 2,547 million by 2024, at a CAGR of 48.6% between 2018 and 2024.
IoT refers to the network of physical objects that are connected over the internet for transferring information without human intervention. These devices utilize embedded technology for communication. IoT is now being used in for banking and financial services to save time and reduce additional costs in various operations, such as accounts handling, payments, data management and verification, fraud detection, etc.
*Browse through 84 Tables & 30 Figures spread over 148 Pages and in-depth TOC on “Global IoT in Banking & Financial Services Market: By Type, Size, Share, Trends, Applications, Segments, Analysis and Forecast, 2017 – 2024”.*
*Request Free Sample Report of Global IoT in Banking & Financial Services Market Report @* https://www.zionmarketresearch.com/sample/iot-in-banking-financial-services-market
Increasing number of smartphone users in the last decade is likely to propel the IoT in banking & financial services market. Various banks and other financial institutes are offering mobile banking and online payments, among other services. In 2016, the number of smartphone users globally was 2.1 billion as compared to 1.86 billion in 2015. Considering this growth, financial institutes are likely to adopt IoT to streamline their services and payment processes. In 2016, Santander announced its plan to offer mortgage schemes to their customers on smartphones along with providing the facility to scan and verify clients required documents on the bank’s mobile app.
Growing investments made by insurance firms in IoT are anticipated to fuel the IoT in banking & financial services market during the forecast timeframe. In 2016, insurance companies invested USD 711 million, accounting for 44% of the insurtech investments as compared to 10% in 2015. Furthermore, insurance technology startups have been successful in garnering investments. In 2016, Coya, a European digital insurance provider, raised about USD 10 million.
*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/iot-in-banking-financial-services-market
The IoT in banking & financial services market is fragmented based on component, application, and end-user. By component, this market includes hardware, software, and service. The software segment is projected to dominate the IoT in banking & financial services market during the forecast timeframe, due to the introduction of various online banking and payment platforms on smartphones. By application, the IoT in banking & financial services market is divided into data management, cybersecurity, proactive services, product planning and marketing, customer relationship management, and data analysis. By end-user, this market is divided into banks, insurance companies, mortgage companies, brokerage firms, and others. Mortgage companies are projected to grow at a noteworthy rate during the estimated time period. IoT helps the mortgage companies to monitor their condition in real-time and conduct remote maintenance of properties.
North America is anticipated to hold a significant share in the global IoT in banking & financial services market, as it is the most technologically advanced region. The U.S. is a major contributor in this regional market. In 2017, IoT companies of the U.S. have received funding of nearly USD 125 billion. Furthermore, in 2018, Microsoft Corporation announced its plan to spend USD 5 billion in IoT over the next four years to develop new products and services in the field. Additionally, Amazon and Google are leveraging technological benefits through collaboration and acquisitions, which, in turn, is likely to facilitate additional features in the IoT technology stack.
*Request Discount On This Report: *https://www.zionmarketresearch.com/requestdiscount/iot-in-banking-financial-services-market
Europe is expected to hold a considerable share in the IoT in banking & financial services market, due to the initiatives were taken by the government of various nations. In 2018, the UK government announced additional funding of USD 75 million for IoT technologies to develop additional devices and services. Thus, the total investments made by the UK government considering these additional funds for IoT have reached USD 120 million. Furthermore, Europe’s recognized insurance company, Munich Re, has acquired IoT platform developer “Relayr” for nearly USD 300 million to explore the company’s IoT platform in insurance. Thus, the expansion of the European IoT in banking & financial services market is evident in the upcoming years.
The Asia Pacific has tremendous potential in the IoT in banking & financial services market during the forecast timeframe. Digitalization of banking and other financial services in developing economies, such as China, India, and South Korea, is likely to boost this market. In 2018, “Bank of China Group Investment Ltd.” and “Singapore Global Logistics Properties” announced a funding of USD 70 million to G7, a Chinese IoT solutions provider. Furthermore, in 2016, India and Japan announced the “Japan-India IoT Initiative” to promote IoT investments. In 2017, Japan’s SoftBank Corp. announced investments in ENCORED INC, an IoT platform provider. In India, IT spending in banking and securities firm reached USD 9.1 billion, about 11.7% more than 2016. Thus, Asia Pacific is projected to witness a significant rise in the IoT in banking & financial services market by 2024.
Browse the full "*IoT in Banking & Financial Services Market by Application (Data Management, Cybersecurity, Proactive Services, Product Planning & Marketing, Customer Relationship Management, and Data Analysis) by Component (Hardware, Software, and Service), and by End-User (Banks, Insurance Companies, Mortgage Companies, Brokerage Firms, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024*" Report at https://www.zionmarketresearch.com/report/iot-in-banking-financial-services-market
The Middle East and Africa are expected to contribute substantially toward the growth of the IoT in banking & financial services market during the estimated timeframe. Rising investments from various financial institutes in the region are driving this market. “Mubadala Investment Company”, one of UAE’s funding organizations contributed about USD 15 billion in technology. Furthermore, the number of fintech startups is increasing in this region. In 2017, the total financial technology startup deals in MENA were valued at USD 66.6 million. These investments are anticipated to rise in the upcoming years, owing to the increasing adoption of online payment.
Some major players of the global IoT in banking & financial services market are Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Cisco Systems, Inc., Accenture, Infosys Limited, Vodafone Group Plc, Software AG, and Capgemini SE among, others.
*Inquire more about this report before purchase @* https://www.zionmarketresearch.com/inquiry/iot-in-banking-financial-services-market
*This report segments the global IoT banking & financial services market as follows:*
*Global IoT in Banking & Financial Services Market: Application Segment Analysis*
· Data Management
· Cyber Security
· Proactive Services
· Product Planning & Marketing
· Customer Relationship Management
· Data Analysis
*Global IoT in Banking & Financial Services Market: Component Segment Analysis*
· Hardware
· Software
· Service
*Global IoT in Banking & Financial Services Market: End-User Segment Analysis*
· Banks
· Insurance Companies
· Mortgage Companies
· Brokerage Firms
· Others
*Global IoT in Banking & Financial Services 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
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· *Blockchain in Retail Market:* https://www.zionmarketresearch.com/report/blockchain-retail-market
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· *Artificial Intelligence (AI) In Supply Chain Market: *https://www.zionmarketresearch.com/report/artificial-intelligence-in-supply-chain-market
*About Us:*
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
*Follow Us LinkedIn: *https://www.linkedin.com/company/zion-market-research
*Follow Us Twitter: *https://twitter.com/zion_research
* Blog:* http://www.intenseresearch.com | http://www.mrsresearchgroup.com | http://www.marketresearchtrade.com | https://qyresearchgroup.com | http://marketnreports.com | https://zmrnewsjournal.us | http://www.e-marketresearch.com
*Contact Us:*
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
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*Website:* https://www.zionmarketresearch.com
*Blog: *http://zmrblog.com Reported by GlobeNewswire 23 minutes ago.
↧
Celyad Presents Update on CYAD-01 Hematological Malignancies Clinical Program at 60th ASH Annual Meeting
· CYAD-01 without preconditioning chemotherapy was well-tolerated and demonstrated anti-leukemic activity in five out of eight (62%) evaluable patients with relapsed or refractory (r/r) acute myeloid leukemia (AML) evaluable per protocol in THINK Phase 1 trial with three objective responses (CRh/CRi)
· Second cycle of CYAD-01 demonstrated ability to reduce relevant bone marrow blast in r/r AML patient post-hematological relapse
· Preliminary safety data from DEPLETHINK Phase 1 trial, evaluating CYAD-01 with preconditioning chemotherapy in r/r AML patients showed administration in the ongoing first dose cohort was well-tolerated with no Grade 3 or 4 treatment-related adverse events (AEs)
MONT-SAINT-GUIBERT, Belgium, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Celyad (Euronext Brussels and Paris, and Nasdaq: CYAD), a clinical-stage biopharmaceutical company focused on the development of CAR-T cell-based therapies, today announced updated clinical data for the CYAD-01 program in hematological malignancies presented at the American Society of Hematology (ASH) 60^th Annual Meeting.
THINK Phase 1 Trial Update – Hematological Malignancies
· Results from the dose-escalation trial were accepted as an oral presentation at ASH and presented by Principal Investigator David A. Sallman, M.D., Department of Malignant Hematology at Moffitt Cancer Center (abstracts #902). Interim analysis was reported for ten r/r AML patients across the three dose levels of CYAD-01 without preconditioning.
· Out of eight r/r AML patient evaluable per protocol (at least one cycle of treatment) in the dose escalation segment of the trial:
· Five patients (62%) showed anti-leukemic activity with three out of eight patients (38%) exhibiting objective response and two patients (25%) exhibiting disease stabilization with relevant bone marrow blasts decrease.
- As previously reported, one r/r AML patients achieved a complete response with partial hematological recovery (CRh). This patient was bridged to allotransplant and remains in minimal residual disease negative complete response (CR[MRD-]) for over 14 months. Two r/r AML patients achieved a complete response with incomplete marrow recovery (CRi) with a duration of one month.
- Two r/r AML patients treated at dose level 2 experienced disease stabilization with relevant bone marrow blast decrease. One patient experienced a decrease in blast counts from 9.8% to 5.5% after an initial cycle of CYAD-01. This patient subsequently received a second cycle of CYAD-01 at dose level 2, with the first injection of the second cycle administered seven weeks after the last injection of cycle one. Treatment with a second cycle of CYAD-01 was associated with relevant reduction in bone marrow blast in the patient from 12.5% to 5.8%, which could be considered as an induction of a partial response (PR) post hematological relapse between the two cycles. Further analysis showed both patients achieved CYAD-01 engraftment in the bone marrow at day 28 of treatment.
· A sixth r/r AML patient with adverse risk according the 2017 ELN stratification demonstrated a stabilization of disease at two months and is scheduled to initiate a second cycle of CYAD-01.
· Only two patients evaluable per protocol progressed in the dose escalation phase of the trial.
· Two additional r/r AML patients have been enrolled at dose level 3 of the trial and full results from these patients are anticipated during first half 2019.
· CYAD-01 without preconditioning chemotherapy was generally reported to be well-tolerated.
· Overall, 14 patients with hematological malignancies (AML, myelodysplastic syndrome and multiple myeloma) treated with CYAD-01 in the trial reached the safety follow -up.
· Overall, six patients experienced grade 3/4 treatment-related AEs, which included cytokine release syndrome (CRS), lymphopenia and thrombocytopenia.
· CRS occurred in six patients (three grade 1/2 AEs, two grade 3 AEs and one grade 4 AE). Patients experiencing grade 1-3 CRS showed rapid resolution following the appropriate treatment, including tocilizumab.
· One r/r AML patient experienced a grade 4 CRS, which was considered a dose-limiting toxicity (DLT), following the first injection of CYAD-01 at dose level 3. The single injection resulted in a reduction of peripheral blast counts from 14% to 4%.
Dr. Christian Homsy, CEO of Celyad, commented, “Preliminary data from 14 patients with relapsed or refractory AML enrolled in the THINK trial have exceeded our expectations with five out of eight patients treated with CYAD-01 without preconditioning demonstrating a relevant anti-leukemic activity. In addition, we are encouraged by the initial safety data that shows CYAD-01 is well-tolerated. We are diligently working to enroll additional patients in our multiple ongoing clinical trials evaluating CYAD-01 in patients with acute myeloid leukemia to better assess this CAR T therapy’s ability to drive a potentially meaningful impact on the treatment of the disease.”
DEPLETHINK Phase 1 Trial Update
· In October 2018, Celyad enrolled the first patient in the DEPLETHINK Phase 1 trial (NCT03466320). The open-label, dose-escalation trial will evaluate a single injection of CYAD-01 following treatment with the standard preconditioning regimen of cyclophosphamide (300 mg/m²) and fludarabine (30 mg/m²), or CyFlu.
· The trial includes two different intervals between lymphodepletion and administration of CYAD-01. In addition, the trial will evaluate two dose levels of CYAD-01 including 100 million and 300 million cells per injection, respectively. Following disease assessment at day 35, patients presenting no signs of progression are eligible to receive a cycle of three CYAD-01 injections without preconditioning with two-week intervals at their initial dose levels. The primary endpoint of the trial is safety and secondary endpoints include clinical activity and pharmacokinetics.
· As of November 27, 2018, three patients have received an administration of CYAD-01 following preconditioning with CyFlu. Initial data demonstrate that the regimen was well tolerated, with no DLTs nor treatment-related grade 3 or above AEs observed. All three patients were not yet evaluated for clinical response.
· Preliminary data from the DEPLETHINK Phase 1 trial are expected in mid-2019.
THINK Phase 1 Trial – Schedule Optimization Cohort 10
· The THINK trial was recently amended to add a cohort to assess a more frequent dosing schedule of CYAD-01 for the treatment of r/r AML. The cohort will evaluate six injections of CYAD-01 without preconditioning over two months of administration. The first cycle (induction) will include three injections of CYAD-01 separated by one-week intervals. The second cycle will include three injections of CYAD-01 separated by two-week intervals. All patients in enrolled in the cohort will received 1 billion cells per injection.
· Enrollment in the cohort has begun and preliminary data are expected in first half 2019.
EPITHINK Phase 1 Trial Update
· The EPITHINK trial is a dose-escalation trial designed to evaluate the administration of CYAD-01 concurrently with 5-azacytidine in treatment-naïve and/or elderly AML patients ineligible for intensive treatment.
· As of November 27, 2018, no patients have been enrolled in the trial.
CYAD-01 and THINK Trial Design
CYAD-01 is an investigational CAR-T therapy in which a patient's T cells are engineered to express the chimeric antigen receptor NKG2D, a receptor expressed on natural killer (NK) cells that binds to eight stress-induced ligands expressed on tumor cells.
The THINK trial (NCT03018405) is an open-label, dose-escalation Phase 1 trial assessing the safety and clinical activity of multiple CYAD-01 administrations without prior preconditioning in two parallel cohorts: i) patients with hematological malignancies, including r/r AML, and ii) patients with metastatic solid tumors. The dose escalation segment of the study evaluates three dose levels (300 million, 1 billion and 3 billion cells per injection) of one cycle of three CYAD-01 administrations with two-week intervals.
*About Celyad *
Celyad is a clinical-stage biopharmaceutical company focused on the development of specialized CAR-T cell-based therapies. Celyad utilizes its expertise in cell engineering to target cancer. Celyad’s CAR-T cell platform has the potential to treat a broad range of solid and hematologic tumors. Its lead oncology candidate, CYAD-01 (CAR-T NKG2D), is currently being evaluated in a Phase I dose escalation clinical trial to assess the safety and clinical activity of multiple administrations of autologous CYAD-01 cells in seven refractory cancers including five solid tumors (colorectal, ovarian, bladder, triple-negative breast and pancreatic cancers) and two hematological tumors (acute myeloid leukemia and multiple myeloma). The safety and clinical activity of the CYAD-01 therapy concurrently administered with standard-of-care treatments or preconditioning chemotherapy is also being assessed in a full clinical development program focused on acute myeloid leukemia and colorectal cancer. Celyad was founded in 2007 and is based in Mont-Saint-Guibert, Belgium, and New York, NY. Celyad’s ordinary shares are listed on the Euronext Brussels and Euronext Paris exchanges, and its American Depository Shares are listed on the Nasdaq Global Market, all under the ticker symbol CYAD.
**For more information, please contact:**
*Celyad*
*Investors@celyad.com*
*Filippo Petti, Chief Financial Officer**Communications@celyad.com*
*Carri Duncan, PhD, VP Corporate Development & Communications - *T: +32(0) 10 39 42 07
*For Belgium: Comfi*
*Sabine Leclercq - *T.: +32 (0)2 290 90 91 – *celyad@comfi.be*
*For France: NewCap*
*Pierre Laurent and Nicolas Mérigeau - *T: + 33(0)1 44 71 94 94 - *celyad@newcap.eu*
*For the U.S.: LifeSci Advisors*
*Daniel Ferry –* T.: +1 (617) 535 7746* – **daniel@lifesciadvisors.com*
*Public Relations: Sara Zelkovic* *– T:+1 (646) *876 4933* -* *sara@lifescipublicrelations.com*
*Forward-looking statements *
This release may contain forward-looking statements, including statements regarding the safety and efficacy of CYAD-01 and CYAD-101; statements concerning the ongoing and planned clinical development of CYAD-01 and CYAD-101, including the timing of trials, enrollment, data readouts and presentations; the clinical and commercial potential of CYAD-01 and CYAD-101 and the adequacy of Celyad’s financial resources; statements concerning Celyad’s exclusive agreement with Horizon Discovery Group; Celyad’s worldwide development and commercialization rights to CYAD-101; the clinical and commercial potential of its shRNA technology; Celyad’s financial condition, results of operation and business outlook; and Celyad’s expected cash burn. Forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause actual results, financial condition and liquidity, performance or achievements of Celyad, or industry results, to differ materially from those expressed or implied by such forward-looking statements. In particular it should be noted that the data summarized above are preliminary in nature. There is limited data concerning safety and clinical activity following treatment with the CYAD-01 and CYAD-101 drug product candidates. These results may not be repeated or observed in ongoing or future studies involving the CYAD-01 and CYAD-101 drug product candidates. These forward-looking statements are further qualified by important factors and risks, which could cause actual results to differ materially from those in the forward-looking statements, including statements about: the initiation, timing, progress and results of our preclinical studies and clinical trials, and our research and development programs; our ability to advance drug product candidates into, and successfully complete, clinical trials; our ability to successfully manufacture drug product for our clinical trials, including with our mAb manufacturing process and with respect to manufacturing drug product with the desired number of T cells under our clinical trial protocols; our reliance on the success of our drug product candidates, including our dependence on the regulatory approval of CYAD-01 and CYAD-101 in the United States and Europe and subsequent commercial success of CYAD-01 and CYAD-101, both of which may never occur; the timing or likelihood of regulatory filings and approvals; our ability to develop sales and marketing capabilities; the commercialization of our drug product candidates, if approved; the pricing and reimbursement of our drug product candidates, if approved; the implementation of our business model, strategic plans for our business, drug product candidates and technology; the scope of protection we are able to establish and maintain for intellectual property rights covering our drug product candidates and technology; our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights and proprietary technology of third parties; cost associated with enforcing or defending intellectual property infringement, misappropriation or violation; product liability; and other claims; regulatory development in the United States, the European Union, and other jurisdictions; estimates of our expenses, future revenues, capital requirements and our needs for additional financing; the potential benefits of strategic collaboration agreements and our ability to maintain and enter into strategic arrangements; our ability to maintain and establish collaborations or obtain additional grant funding; the rate and degree of market acceptance of our drug product candidates, if approved; our financial performance; developments relating to our competitors and our industry, including competing therapies and statements regarding future revenue, hiring plans, expenses, capital expenditures, capital requirements and share performance. A further list and description of these risks, uncertainties and other risks can be found in Celyad’s U.S. Securities and Exchange Commission (SEC) filings and reports, including in its Annual Report on Form 20-F filed with the SEC on April 6, 2018 and subsequent filings and reports by Celyad. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document and Celyad’s actual results may differ materially from those expressed or implied by these forward-looking statements. Celyad expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.
Reported by GlobeNewswire 14 minutes ago.
· Second cycle of CYAD-01 demonstrated ability to reduce relevant bone marrow blast in r/r AML patient post-hematological relapse
· Preliminary safety data from DEPLETHINK Phase 1 trial, evaluating CYAD-01 with preconditioning chemotherapy in r/r AML patients showed administration in the ongoing first dose cohort was well-tolerated with no Grade 3 or 4 treatment-related adverse events (AEs)
MONT-SAINT-GUIBERT, Belgium, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Celyad (Euronext Brussels and Paris, and Nasdaq: CYAD), a clinical-stage biopharmaceutical company focused on the development of CAR-T cell-based therapies, today announced updated clinical data for the CYAD-01 program in hematological malignancies presented at the American Society of Hematology (ASH) 60^th Annual Meeting.
THINK Phase 1 Trial Update – Hematological Malignancies
· Results from the dose-escalation trial were accepted as an oral presentation at ASH and presented by Principal Investigator David A. Sallman, M.D., Department of Malignant Hematology at Moffitt Cancer Center (abstracts #902). Interim analysis was reported for ten r/r AML patients across the three dose levels of CYAD-01 without preconditioning.
· Out of eight r/r AML patient evaluable per protocol (at least one cycle of treatment) in the dose escalation segment of the trial:
· Five patients (62%) showed anti-leukemic activity with three out of eight patients (38%) exhibiting objective response and two patients (25%) exhibiting disease stabilization with relevant bone marrow blasts decrease.
- As previously reported, one r/r AML patients achieved a complete response with partial hematological recovery (CRh). This patient was bridged to allotransplant and remains in minimal residual disease negative complete response (CR[MRD-]) for over 14 months. Two r/r AML patients achieved a complete response with incomplete marrow recovery (CRi) with a duration of one month.
- Two r/r AML patients treated at dose level 2 experienced disease stabilization with relevant bone marrow blast decrease. One patient experienced a decrease in blast counts from 9.8% to 5.5% after an initial cycle of CYAD-01. This patient subsequently received a second cycle of CYAD-01 at dose level 2, with the first injection of the second cycle administered seven weeks after the last injection of cycle one. Treatment with a second cycle of CYAD-01 was associated with relevant reduction in bone marrow blast in the patient from 12.5% to 5.8%, which could be considered as an induction of a partial response (PR) post hematological relapse between the two cycles. Further analysis showed both patients achieved CYAD-01 engraftment in the bone marrow at day 28 of treatment.
· A sixth r/r AML patient with adverse risk according the 2017 ELN stratification demonstrated a stabilization of disease at two months and is scheduled to initiate a second cycle of CYAD-01.
· Only two patients evaluable per protocol progressed in the dose escalation phase of the trial.
· Two additional r/r AML patients have been enrolled at dose level 3 of the trial and full results from these patients are anticipated during first half 2019.
· CYAD-01 without preconditioning chemotherapy was generally reported to be well-tolerated.
· Overall, 14 patients with hematological malignancies (AML, myelodysplastic syndrome and multiple myeloma) treated with CYAD-01 in the trial reached the safety follow -up.
· Overall, six patients experienced grade 3/4 treatment-related AEs, which included cytokine release syndrome (CRS), lymphopenia and thrombocytopenia.
· CRS occurred in six patients (three grade 1/2 AEs, two grade 3 AEs and one grade 4 AE). Patients experiencing grade 1-3 CRS showed rapid resolution following the appropriate treatment, including tocilizumab.
· One r/r AML patient experienced a grade 4 CRS, which was considered a dose-limiting toxicity (DLT), following the first injection of CYAD-01 at dose level 3. The single injection resulted in a reduction of peripheral blast counts from 14% to 4%.
Dr. Christian Homsy, CEO of Celyad, commented, “Preliminary data from 14 patients with relapsed or refractory AML enrolled in the THINK trial have exceeded our expectations with five out of eight patients treated with CYAD-01 without preconditioning demonstrating a relevant anti-leukemic activity. In addition, we are encouraged by the initial safety data that shows CYAD-01 is well-tolerated. We are diligently working to enroll additional patients in our multiple ongoing clinical trials evaluating CYAD-01 in patients with acute myeloid leukemia to better assess this CAR T therapy’s ability to drive a potentially meaningful impact on the treatment of the disease.”
DEPLETHINK Phase 1 Trial Update
· In October 2018, Celyad enrolled the first patient in the DEPLETHINK Phase 1 trial (NCT03466320). The open-label, dose-escalation trial will evaluate a single injection of CYAD-01 following treatment with the standard preconditioning regimen of cyclophosphamide (300 mg/m²) and fludarabine (30 mg/m²), or CyFlu.
· The trial includes two different intervals between lymphodepletion and administration of CYAD-01. In addition, the trial will evaluate two dose levels of CYAD-01 including 100 million and 300 million cells per injection, respectively. Following disease assessment at day 35, patients presenting no signs of progression are eligible to receive a cycle of three CYAD-01 injections without preconditioning with two-week intervals at their initial dose levels. The primary endpoint of the trial is safety and secondary endpoints include clinical activity and pharmacokinetics.
· As of November 27, 2018, three patients have received an administration of CYAD-01 following preconditioning with CyFlu. Initial data demonstrate that the regimen was well tolerated, with no DLTs nor treatment-related grade 3 or above AEs observed. All three patients were not yet evaluated for clinical response.
· Preliminary data from the DEPLETHINK Phase 1 trial are expected in mid-2019.
THINK Phase 1 Trial – Schedule Optimization Cohort 10
· The THINK trial was recently amended to add a cohort to assess a more frequent dosing schedule of CYAD-01 for the treatment of r/r AML. The cohort will evaluate six injections of CYAD-01 without preconditioning over two months of administration. The first cycle (induction) will include three injections of CYAD-01 separated by one-week intervals. The second cycle will include three injections of CYAD-01 separated by two-week intervals. All patients in enrolled in the cohort will received 1 billion cells per injection.
· Enrollment in the cohort has begun and preliminary data are expected in first half 2019.
EPITHINK Phase 1 Trial Update
· The EPITHINK trial is a dose-escalation trial designed to evaluate the administration of CYAD-01 concurrently with 5-azacytidine in treatment-naïve and/or elderly AML patients ineligible for intensive treatment.
· As of November 27, 2018, no patients have been enrolled in the trial.
CYAD-01 and THINK Trial Design
CYAD-01 is an investigational CAR-T therapy in which a patient's T cells are engineered to express the chimeric antigen receptor NKG2D, a receptor expressed on natural killer (NK) cells that binds to eight stress-induced ligands expressed on tumor cells.
The THINK trial (NCT03018405) is an open-label, dose-escalation Phase 1 trial assessing the safety and clinical activity of multiple CYAD-01 administrations without prior preconditioning in two parallel cohorts: i) patients with hematological malignancies, including r/r AML, and ii) patients with metastatic solid tumors. The dose escalation segment of the study evaluates three dose levels (300 million, 1 billion and 3 billion cells per injection) of one cycle of three CYAD-01 administrations with two-week intervals.
*About Celyad *
Celyad is a clinical-stage biopharmaceutical company focused on the development of specialized CAR-T cell-based therapies. Celyad utilizes its expertise in cell engineering to target cancer. Celyad’s CAR-T cell platform has the potential to treat a broad range of solid and hematologic tumors. Its lead oncology candidate, CYAD-01 (CAR-T NKG2D), is currently being evaluated in a Phase I dose escalation clinical trial to assess the safety and clinical activity of multiple administrations of autologous CYAD-01 cells in seven refractory cancers including five solid tumors (colorectal, ovarian, bladder, triple-negative breast and pancreatic cancers) and two hematological tumors (acute myeloid leukemia and multiple myeloma). The safety and clinical activity of the CYAD-01 therapy concurrently administered with standard-of-care treatments or preconditioning chemotherapy is also being assessed in a full clinical development program focused on acute myeloid leukemia and colorectal cancer. Celyad was founded in 2007 and is based in Mont-Saint-Guibert, Belgium, and New York, NY. Celyad’s ordinary shares are listed on the Euronext Brussels and Euronext Paris exchanges, and its American Depository Shares are listed on the Nasdaq Global Market, all under the ticker symbol CYAD.
**For more information, please contact:**
*Celyad*
*Investors@celyad.com*
*Filippo Petti, Chief Financial Officer**Communications@celyad.com*
*Carri Duncan, PhD, VP Corporate Development & Communications - *T: +32(0) 10 39 42 07
*For Belgium: Comfi*
*Sabine Leclercq - *T.: +32 (0)2 290 90 91 – *celyad@comfi.be*
*For France: NewCap*
*Pierre Laurent and Nicolas Mérigeau - *T: + 33(0)1 44 71 94 94 - *celyad@newcap.eu*
*For the U.S.: LifeSci Advisors*
*Daniel Ferry –* T.: +1 (617) 535 7746* – **daniel@lifesciadvisors.com*
*Public Relations: Sara Zelkovic* *– T:+1 (646) *876 4933* -* *sara@lifescipublicrelations.com*
*Forward-looking statements *
This release may contain forward-looking statements, including statements regarding the safety and efficacy of CYAD-01 and CYAD-101; statements concerning the ongoing and planned clinical development of CYAD-01 and CYAD-101, including the timing of trials, enrollment, data readouts and presentations; the clinical and commercial potential of CYAD-01 and CYAD-101 and the adequacy of Celyad’s financial resources; statements concerning Celyad’s exclusive agreement with Horizon Discovery Group; Celyad’s worldwide development and commercialization rights to CYAD-101; the clinical and commercial potential of its shRNA technology; Celyad’s financial condition, results of operation and business outlook; and Celyad’s expected cash burn. Forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause actual results, financial condition and liquidity, performance or achievements of Celyad, or industry results, to differ materially from those expressed or implied by such forward-looking statements. In particular it should be noted that the data summarized above are preliminary in nature. There is limited data concerning safety and clinical activity following treatment with the CYAD-01 and CYAD-101 drug product candidates. These results may not be repeated or observed in ongoing or future studies involving the CYAD-01 and CYAD-101 drug product candidates. These forward-looking statements are further qualified by important factors and risks, which could cause actual results to differ materially from those in the forward-looking statements, including statements about: the initiation, timing, progress and results of our preclinical studies and clinical trials, and our research and development programs; our ability to advance drug product candidates into, and successfully complete, clinical trials; our ability to successfully manufacture drug product for our clinical trials, including with our mAb manufacturing process and with respect to manufacturing drug product with the desired number of T cells under our clinical trial protocols; our reliance on the success of our drug product candidates, including our dependence on the regulatory approval of CYAD-01 and CYAD-101 in the United States and Europe and subsequent commercial success of CYAD-01 and CYAD-101, both of which may never occur; the timing or likelihood of regulatory filings and approvals; our ability to develop sales and marketing capabilities; the commercialization of our drug product candidates, if approved; the pricing and reimbursement of our drug product candidates, if approved; the implementation of our business model, strategic plans for our business, drug product candidates and technology; the scope of protection we are able to establish and maintain for intellectual property rights covering our drug product candidates and technology; our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights and proprietary technology of third parties; cost associated with enforcing or defending intellectual property infringement, misappropriation or violation; product liability; and other claims; regulatory development in the United States, the European Union, and other jurisdictions; estimates of our expenses, future revenues, capital requirements and our needs for additional financing; the potential benefits of strategic collaboration agreements and our ability to maintain and enter into strategic arrangements; our ability to maintain and establish collaborations or obtain additional grant funding; the rate and degree of market acceptance of our drug product candidates, if approved; our financial performance; developments relating to our competitors and our industry, including competing therapies and statements regarding future revenue, hiring plans, expenses, capital expenditures, capital requirements and share performance. A further list and description of these risks, uncertainties and other risks can be found in Celyad’s U.S. Securities and Exchange Commission (SEC) filings and reports, including in its Annual Report on Form 20-F filed with the SEC on April 6, 2018 and subsequent filings and reports by Celyad. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document and Celyad’s actual results may differ materially from those expressed or implied by these forward-looking statements. Celyad expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.
Reported by GlobeNewswire 14 minutes ago.
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26,000 More Species Threatened – OpEd
As the world threatening nears an increase of 1-1.5 degrees C global warming by year 2030, the number of the earth’s lifeforms threatened with extinction has increased, the world’s global watchdog of flora and fauna International Union for the Conservation of Nature (IUCN) said in its September 2018 report.
IUCN bared in its latest Red List that an additional 26,000 species are threatened with extinction today, out of the 27% of all assessed species worldwide.
Of the number, 41 percent are amphibians, 5 percent mammals, 34 percent conifers, 13 percent birds, 31 percent sharks and manta rays, 33 percent corals, and 27 percent selected crustaceans.
The IUCN Red List is the most comprehensive, objective global approach for evaluating the extinction risk of plant and animal species that started in the 1950s as a card index of species that were considered to be threatened with extinction. Over time, the Red Data Books grew and transformed into the Red List to include more species. The ethos of the program also shifted to incorporate the status of all species, not limiting it to only those threatened with extinction.
Today, The IUCN Red List, regarded as the most influential source of information for species conservation in the world, holds conservation information for over 93,500 species of plants, animal and fungi, with a mission to increase the list to 160,000 species by 2020.
*Biodiversity Hotspots Around the World*
There are thirty five biodiversity hotspots in the world where these threatened life species are located all over the world. These areas compose 2.3 percent of the Earth’s surface but have more than half of the world’s endemic plant species.
These are in the California Floristic province, Madrean Pine Oak Woodlands, Mesoamerica of North and Central America; Caribbean Islands; Atlantic Forest, Cerrado, Chilean Winter Rainfall Valdivian Forest, Tumbes Choco Magdalena, and Tropical Andes in South America; Mediterranean Basin in Europe; Cape Floristc Region, Coastal Forests of Eastern Africa, Eastern Afromontane, Guinean Forests of West Africa, Horn of Africa, Madagascar and Indian Ocean Islands, Maputuland Pondoland Albany, Succulent Karoo in Africa; Mountains of Central Asia; Eastern Himalaya Nepal India, Indo-Burma India and Myanmar, Western Ghats and Sri Lanka in South Asia; East Melanesian Islands, Philippines, New Zealand, New Caledonia, Polynesia-Micronesia, Eastern Australian Temperate Forests, Southwest Australia, Sundaland and Nicobar Islands of India, Wallacea all in South East Asia and Asia Pacific; Japan, Mountains of Southwest China in East Asia; Caucasus and Irano-Anatolian in East Asia.
These are considered hotspots because they are biogeographic regions with significant reservoir of biodiversity but threatened with destruction. The purpose of biodiversity hotspots is not simply to identify regions that are of high biodiversity value, but to prioritize conservation spending.
*Culprits Behind Ugly Face of Extinction*
The worst threat endangering biodiversity in the said global hotspots is internal– citizen-initiated, aggressive, relentless, unethical to a point, God-less –destruction of habitat. As if the future does not matter.
Man has begun to overuse or misuse most of these natural ecosystems. Due to this ‘unsustainable’ resource-use, once productive forests and grasslands have been turned into deserts and wasteland have increased all over the world. Mangroves have been cleared for fuelwood and prawn farming, which has led to a decrease in the habitat essential for breeding of marine fish.
Wetlands have been drained to increase agricultural land. These changes have grave economic implications in the longer term. The current destruction of the remaining large areas of wilderness habitats, especially in the super diverse tropical forests and coral reefs, is the most important threat worldwide to biodiversity. Scientists have estimated that human activities are likely to eliminate approximately 10 million species by the year 2050.
There are about 1.8 million species of plants and animals, both large and microscopic, known to science in the world at present. The number of species however is likely to be greater by a factor of at least 10. Plants and insects as well as other forms of life not known to science are continually being identified in the worlds’ ‘hotspots’ of diversity. Unfortunately at the present rate of extinction about 25% of the worlds’ species will undergo extinction fairly rapidly. This may occur at the rate of 10 to 20 thousand species per year, a thousand to ten thousand times faster than the expected natural rate! Human actions could well exterminate 25% of the world’s species within the next twenty or thirty years.
Much of this mega extinction spasm is related to human population growth, industrialization and changes in land-use patterns. A major part of these extinctions will occur in ‘biorich’ areas such as tropical forests, wetlands, and coral reefs. The loss of wild habitats due to rapid human population growth and short term economic development are major contributors to the rapid global destruction of biodiversity.
*Philippines, 18th Most Endangered Biodiversity Hotspot*
The Philippines, the world’s second largest archipelago, is one of the few nations that is, in its entirety, both a hotspot and a megadiversity country, placing it among the top priority hotspots for global conservation.
But its unique biodiversity is threatened. Having the highest rates of discovery in the world with sixteen new species of mammals discovered in the last ten years, such endemism however may be lost faster than discovered.
Endangered are 9,250 vascular plant species which includes gingers, begonias, gesneriads, orchids, pandans, palms, and dipterocarps. Some150 species of palms are included in the hotspot list and 70 percent of the 1,000 species of orchids found in the country.
Among its over 530 bird species, 35 percent or over 60 are threatened. These are found in seven Endemic Bird Area hotspots: Mindoro, Luzon, Negros and Panay, Cebu, Mindanao and the Eastern Visayas, the Sulu archipelago, and Palawan.
The best-known endangered bird species is the Philippine eagle (Pithecophaga jefferyi, CR), the second-largest eagle in the world. The Philippine eagle breeds only in primary lowland rain forest. Habitat destruction has extirpated the eagle everywhere except on the islands of Luzon, Mindanao and Samar, where the only large tracts of lowland rain forest remain. Today, the total population is estimated at less than 700 individuals. Captive breeding programs have been largely unsuccessful; habitat protection is the eagle’s only hope for survival.
The other threatened endemic species are the Negros bleeding art (Gallicolumba keayi, CR), Visayan wrinkled hornbill (Aceros waldeni, CR), Scarlet-collared flowerpecker (Dicaeum retrocinctum, VU), Cebu flowerpecker (Dicaeum quadricolor, CR), and Philippine cockatoo (Cacatua haematuropygia, CR).
With regards mammals, the tamaraw (Bubalus mindorensis, CR), a dwarf water buffalo that lives only on Mindoro Island is the most endangered. A century ago the population numbered 10,000 individuals; today only a few hundred animals exist in the wild.
Other mammals endangere are the Visayan and Philippine warty pigs (Sus cebifrons, CR and S. philippensis, VU); the Calamianes hog-deer (Axis calamaniensis, EN) and the Visayan spotted deer (Rusa alfredi, EN), which has been reduced to a population of a few hundred on the islands of Negros, Masbate and Panay; and the golden-capped fruit bat (Acerodon jubatus, EN), which, as the world’s largest bat, has a wingspan up to 1.7 meters.
In the reptilian world, the freshwater crocodile (Crocodylus mindorensis, CR) is considered the most threatened crocodilian in the world. Other unique and threatened reptiles include Gray’s monitor (Varanus olivaceus, VU) and the Philippine pond turtle (Heosemys leytensis, CR) and a newly discovered monitor lizard, Varanus mabitang, only the second monitor species known in the world to specialize on a fruit diet.
Among all amphibians, 22 are considered threatened including the Philippine flat-headed frog (Barbourula busuangensis, VU), one of the world’s most primitive frog species.
With regards freshwater fishes, most endangered is Sardinella tawilis, a freshwater sardine found only in Taal Lake. Sadly, Lake Lanao, in Mindanao, seems likely to have become the site of one of the hotspots worst extinction catastrophes, with nearly all of the lakes endemic fish species now almost certainly extinct.
*Man’s Destruction of Forests All but Decimated RP’s Biodiversity*
Forests, the Philippines’ leading natural habitat of the country’s biodiversity, are rapidly disappearing. By 2050, there may be no virgin forests, many forestry experts predict. Non-believers scoff at this, saying it is an exaggeration. But the figures cannot be wrong. The effects of deforestation are not figments of imagination.
The rate of deforestation in the country is among the highest in the world. forests. The worst deforestation happened during the period of 1990 to 1999 where 750,000 acres of virgin forest were lost. Today, only 1.75 million acres remain of the nation’s virgin forests.
The loss is incredible, the rate of deforestation in that decade was almost 75,000 acres a year. It also came at a time when logging ban was imposed in some selected sites in the country.
As a result, flooding, soil erosion and degradation pegged at 100,000 tons of soil yearly, loss of species diversity and genetic material, loss of human lives and properties and aesthetic and recreational loss were at their worst.
Much of the blame I on governments that over the years have passed laws favorable to logging concessions and implemented forest protection poorly.
Unchecked illegal logging remains the main culprit, government negligence has prompted the devastation of forest. Today, much of the remaining forests are still being invaded by commercial loggers.
Philippine forestry laws passed since 1930 have failed to provide adequate security provisions for virgin and secondary growth forests, thus the forests had virtually no protection at all. For instance, there is only one forest guard for every 7,500 acres.
But even then, many official policies and strategies from the very start were faulty. And many polices continue to be faulty. Much of the blame is on the government that over the years have passed laws favorable to logging concessions and implemented forest protection poorly.
**Michael A. Bengwayan* has a Masters Degree and Ph.D. in Development Studies and Environmental Resource Management from University College Dublin, Ireland as a European Union Fellow. He writes for the British Gemini News Service, New York’s Earth Times and the Environmental News Service. He is currently a Fellow of Echoing Green Foundation, New York Reported by Eurasia Review 12 minutes ago.
IUCN bared in its latest Red List that an additional 26,000 species are threatened with extinction today, out of the 27% of all assessed species worldwide.
Of the number, 41 percent are amphibians, 5 percent mammals, 34 percent conifers, 13 percent birds, 31 percent sharks and manta rays, 33 percent corals, and 27 percent selected crustaceans.
The IUCN Red List is the most comprehensive, objective global approach for evaluating the extinction risk of plant and animal species that started in the 1950s as a card index of species that were considered to be threatened with extinction. Over time, the Red Data Books grew and transformed into the Red List to include more species. The ethos of the program also shifted to incorporate the status of all species, not limiting it to only those threatened with extinction.
Today, The IUCN Red List, regarded as the most influential source of information for species conservation in the world, holds conservation information for over 93,500 species of plants, animal and fungi, with a mission to increase the list to 160,000 species by 2020.
*Biodiversity Hotspots Around the World*
There are thirty five biodiversity hotspots in the world where these threatened life species are located all over the world. These areas compose 2.3 percent of the Earth’s surface but have more than half of the world’s endemic plant species.
These are in the California Floristic province, Madrean Pine Oak Woodlands, Mesoamerica of North and Central America; Caribbean Islands; Atlantic Forest, Cerrado, Chilean Winter Rainfall Valdivian Forest, Tumbes Choco Magdalena, and Tropical Andes in South America; Mediterranean Basin in Europe; Cape Floristc Region, Coastal Forests of Eastern Africa, Eastern Afromontane, Guinean Forests of West Africa, Horn of Africa, Madagascar and Indian Ocean Islands, Maputuland Pondoland Albany, Succulent Karoo in Africa; Mountains of Central Asia; Eastern Himalaya Nepal India, Indo-Burma India and Myanmar, Western Ghats and Sri Lanka in South Asia; East Melanesian Islands, Philippines, New Zealand, New Caledonia, Polynesia-Micronesia, Eastern Australian Temperate Forests, Southwest Australia, Sundaland and Nicobar Islands of India, Wallacea all in South East Asia and Asia Pacific; Japan, Mountains of Southwest China in East Asia; Caucasus and Irano-Anatolian in East Asia.
These are considered hotspots because they are biogeographic regions with significant reservoir of biodiversity but threatened with destruction. The purpose of biodiversity hotspots is not simply to identify regions that are of high biodiversity value, but to prioritize conservation spending.
*Culprits Behind Ugly Face of Extinction*
The worst threat endangering biodiversity in the said global hotspots is internal– citizen-initiated, aggressive, relentless, unethical to a point, God-less –destruction of habitat. As if the future does not matter.
Man has begun to overuse or misuse most of these natural ecosystems. Due to this ‘unsustainable’ resource-use, once productive forests and grasslands have been turned into deserts and wasteland have increased all over the world. Mangroves have been cleared for fuelwood and prawn farming, which has led to a decrease in the habitat essential for breeding of marine fish.
Wetlands have been drained to increase agricultural land. These changes have grave economic implications in the longer term. The current destruction of the remaining large areas of wilderness habitats, especially in the super diverse tropical forests and coral reefs, is the most important threat worldwide to biodiversity. Scientists have estimated that human activities are likely to eliminate approximately 10 million species by the year 2050.
There are about 1.8 million species of plants and animals, both large and microscopic, known to science in the world at present. The number of species however is likely to be greater by a factor of at least 10. Plants and insects as well as other forms of life not known to science are continually being identified in the worlds’ ‘hotspots’ of diversity. Unfortunately at the present rate of extinction about 25% of the worlds’ species will undergo extinction fairly rapidly. This may occur at the rate of 10 to 20 thousand species per year, a thousand to ten thousand times faster than the expected natural rate! Human actions could well exterminate 25% of the world’s species within the next twenty or thirty years.
Much of this mega extinction spasm is related to human population growth, industrialization and changes in land-use patterns. A major part of these extinctions will occur in ‘biorich’ areas such as tropical forests, wetlands, and coral reefs. The loss of wild habitats due to rapid human population growth and short term economic development are major contributors to the rapid global destruction of biodiversity.
*Philippines, 18th Most Endangered Biodiversity Hotspot*
The Philippines, the world’s second largest archipelago, is one of the few nations that is, in its entirety, both a hotspot and a megadiversity country, placing it among the top priority hotspots for global conservation.
But its unique biodiversity is threatened. Having the highest rates of discovery in the world with sixteen new species of mammals discovered in the last ten years, such endemism however may be lost faster than discovered.
Endangered are 9,250 vascular plant species which includes gingers, begonias, gesneriads, orchids, pandans, palms, and dipterocarps. Some150 species of palms are included in the hotspot list and 70 percent of the 1,000 species of orchids found in the country.
Among its over 530 bird species, 35 percent or over 60 are threatened. These are found in seven Endemic Bird Area hotspots: Mindoro, Luzon, Negros and Panay, Cebu, Mindanao and the Eastern Visayas, the Sulu archipelago, and Palawan.
The best-known endangered bird species is the Philippine eagle (Pithecophaga jefferyi, CR), the second-largest eagle in the world. The Philippine eagle breeds only in primary lowland rain forest. Habitat destruction has extirpated the eagle everywhere except on the islands of Luzon, Mindanao and Samar, where the only large tracts of lowland rain forest remain. Today, the total population is estimated at less than 700 individuals. Captive breeding programs have been largely unsuccessful; habitat protection is the eagle’s only hope for survival.
The other threatened endemic species are the Negros bleeding art (Gallicolumba keayi, CR), Visayan wrinkled hornbill (Aceros waldeni, CR), Scarlet-collared flowerpecker (Dicaeum retrocinctum, VU), Cebu flowerpecker (Dicaeum quadricolor, CR), and Philippine cockatoo (Cacatua haematuropygia, CR).
With regards mammals, the tamaraw (Bubalus mindorensis, CR), a dwarf water buffalo that lives only on Mindoro Island is the most endangered. A century ago the population numbered 10,000 individuals; today only a few hundred animals exist in the wild.
Other mammals endangere are the Visayan and Philippine warty pigs (Sus cebifrons, CR and S. philippensis, VU); the Calamianes hog-deer (Axis calamaniensis, EN) and the Visayan spotted deer (Rusa alfredi, EN), which has been reduced to a population of a few hundred on the islands of Negros, Masbate and Panay; and the golden-capped fruit bat (Acerodon jubatus, EN), which, as the world’s largest bat, has a wingspan up to 1.7 meters.
In the reptilian world, the freshwater crocodile (Crocodylus mindorensis, CR) is considered the most threatened crocodilian in the world. Other unique and threatened reptiles include Gray’s monitor (Varanus olivaceus, VU) and the Philippine pond turtle (Heosemys leytensis, CR) and a newly discovered monitor lizard, Varanus mabitang, only the second monitor species known in the world to specialize on a fruit diet.
Among all amphibians, 22 are considered threatened including the Philippine flat-headed frog (Barbourula busuangensis, VU), one of the world’s most primitive frog species.
With regards freshwater fishes, most endangered is Sardinella tawilis, a freshwater sardine found only in Taal Lake. Sadly, Lake Lanao, in Mindanao, seems likely to have become the site of one of the hotspots worst extinction catastrophes, with nearly all of the lakes endemic fish species now almost certainly extinct.
*Man’s Destruction of Forests All but Decimated RP’s Biodiversity*
Forests, the Philippines’ leading natural habitat of the country’s biodiversity, are rapidly disappearing. By 2050, there may be no virgin forests, many forestry experts predict. Non-believers scoff at this, saying it is an exaggeration. But the figures cannot be wrong. The effects of deforestation are not figments of imagination.
The rate of deforestation in the country is among the highest in the world. forests. The worst deforestation happened during the period of 1990 to 1999 where 750,000 acres of virgin forest were lost. Today, only 1.75 million acres remain of the nation’s virgin forests.
The loss is incredible, the rate of deforestation in that decade was almost 75,000 acres a year. It also came at a time when logging ban was imposed in some selected sites in the country.
As a result, flooding, soil erosion and degradation pegged at 100,000 tons of soil yearly, loss of species diversity and genetic material, loss of human lives and properties and aesthetic and recreational loss were at their worst.
Much of the blame I on governments that over the years have passed laws favorable to logging concessions and implemented forest protection poorly.
Unchecked illegal logging remains the main culprit, government negligence has prompted the devastation of forest. Today, much of the remaining forests are still being invaded by commercial loggers.
Philippine forestry laws passed since 1930 have failed to provide adequate security provisions for virgin and secondary growth forests, thus the forests had virtually no protection at all. For instance, there is only one forest guard for every 7,500 acres.
But even then, many official policies and strategies from the very start were faulty. And many polices continue to be faulty. Much of the blame is on the government that over the years have passed laws favorable to logging concessions and implemented forest protection poorly.
**Michael A. Bengwayan* has a Masters Degree and Ph.D. in Development Studies and Environmental Resource Management from University College Dublin, Ireland as a European Union Fellow. He writes for the British Gemini News Service, New York’s Earth Times and the Environmental News Service. He is currently a Fellow of Echoing Green Foundation, New York Reported by Eurasia Review 12 minutes ago.
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Global Aluminum Caps & Closures Market Will Reach USD 7.42 Billion By 2024: Zion Market Research
According to the report, the global aluminum caps & closures market was valued at USD 5.24 billion in 2017 and is expected to reach USD 7.42 billion by 2024, growing at a CAGR of 5.1% between 2018 and 2024.
New York, NY, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Aluminum Caps & Closures Market By Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, and Non-Refillable Closures) and By Application (Beverages, Food, Home & Personal Care, and Pharmaceutical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024”*. According to the report, the global aluminum caps & closures market was valued at USD 5.24 billion in 2017 and is expected to reach USD 7.42 billion by 2024, growing at a CAGR of 5.1% between 2018 and 2024.
Aluminum caps and closures are produced in different closures types and diameters. The recent trend toward the using processed and preserved product in the daily diet will enlarge the aluminum caps and closures market scope extensively. The product provides rigidity and stability while using it for packaging as compared to other materials.
*Browse through 55 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Aluminum Caps & Closures Market: By Type, Size, Share, Industry Growth, Demand, Analysis and Forecast, 2017–2024”.*
*Request Free Sample Report of Global Aluminum Caps & Closures Market Report @ *https://www.zionmarketresearch.com/sample/aluminum-caps-closures-market
The market is driven by various growth factors, such as product differentiation and branding along with concerns about food, product security and safety, and reducing packaging sizes. The rising demand for convenience is estimated to fuel the aluminum caps & closures market over the forecast time period. Nevertheless, developing countries are likely to offer lucrative growth opportunities for global aluminum caps & closures market in the years to come.
The aluminum caps & closures market is segmented based on type and application. By type, this market is categorized into roll-on pilfer-proof caps, non-refillable closures, and easy-open can ends. The roll-on pilfer-proof caps segment dominated the market in 2017 and is expected to maintain its position in the future. Roll-on pilfer-proof caps have various applications in various industries, such as pharmaceutical, beverages, and food industry, as they are a reliable packaging alternative for wine, spirits, and sparkling beverages (non-alcoholic and alcoholic) and cost-effective. These caps have the ability to offer more space for graphics and logos, among other design aspects.
*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/aluminum-caps-closures-market
By application, the aluminum caps & closures market is segmented into beverages, food, home, and personal care, and pharmaceutical. Beverage segment held the largest market share in 2017, owing to the large-scale demand for beverages, such as alcoholic beverages and soft drinks. It is the fastest growing application segment, owing to the large-scale demand for aluminum caps & closures by the beverage industry. These caps and closures are used to pack alcoholic and non-alcoholic beverages, such as wine, vodka, etc.
The Asia Pacific held the largest share, nearly 34%, in the market for aluminum caps & closures in 2017. Increasing per capita income of people, better standards of living and improved spending abilities of the middle-class are likely to fuel the aluminum caps & closures market over the estimated time period. Additionally, the growing aging population in the region and the presence of established players are also likely to propel the market growth in the near future. The growth of Asia Pacific in this market is supported by improvements in the economic conditions, growing allocation of government budgets for product manufacturing, increasing number of standards related to building codes, positive demographic outlook, and an increase in the per capita income.
*Request The Discount on This Report:* https://www.zionmarketresearch.com/requestdiscount/aluminum-caps-closures-market
Europe is the second largest regional market for aluminum caps & closures. This region is projected to exhibit a significant rate of growth, owing to the rising government emphasis to reduce the toxic contents of packaging materials. Moreover, the growing working population is contributing to an increase in the demand for ready-to-eat food, which, in turn, is anticipated to boost the aluminum caps & closures market in the upcoming years.
In 2017, North America accounted the third largest market share of the aluminum caps & closures market. The swift growth of various industries, such as food and beverages, manufacturing, and pharmaceutical, and the recovery of an economic slowdown are anticipated to fuel this regional market during the forecast time period. The U.S. dominated the North American aluminum caps & closures market in 2017, followed by Canada. Huge product demand by the food industry due to rising food exports is likely to drive the aluminum caps & closures market in this region.
Browse the full *"Aluminum Caps & Closures Market By Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, and Non-Refillable Closures) and By Application (Beverages, Food, Home & Personal Care, and Pharmaceutical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024"* report at https://www.zionmarketresearch.com/report/aluminum-caps-closures-market
The Middle Eastern and African and Latin American markets are projected to witness significant growth rate in the coming years, owing to the availability of raw material and escalating increase in the working population.
The key manufacturers operating in the global aluminum caps & closures market are Amcor, Crown Holding, Closure Systems International, Silgan Holdings, Herti JSC, Guala Closures, Torrent Closures, Alcopack Group, Cap & Seal Pvt. Ltd., and Federfin Tech S.R.L.
*Inquire more about this report before purchase @ *https://www.zionmarketresearch.com/inquiry/aluminum-caps-closures-market
*This report segments the global aluminum caps & closures market as follows:*
*Aluminum Caps & Closures Market: Type Analysis*
· Roll-On Pilfer-Proof Caps
· Easy-Open Can Ends
· Non-Refillable Closures
*Aluminum Caps & Closures Market: Application Analysis*
· Beverages
· Food
· Home & Personal Care
· Pharmaceutical
*Aluminum Caps & Closures Market: Regional Analysis*
· North America
· The U.S.
· Europe
· UK
· France
· Germany
· Asia Pacific
· China
· Japan
· India
· Latin America
· Brazil
· The Middle East and Africa
*Related Reports:*
· *Sustainable Packaging Market: *https://www.zionmarketresearch.com/report/sustainable-packaging-market
· *Paint Packaging Market:* https://www.zionmarketresearch.com/report/paint-packaging-market
· *Blow Fill Seal Technology Market: *https://www.zionmarketresearch.com/report/latin-america-blow-fill-seal-technology-market
· *End-of-line Packaging Market:* https://www.zionmarketresearch.com/report/end-of-line-packaging-market
· *Aseptic Packaging Market:* https://www.zionmarketresearch.com/report/aseptic-packaging-market
*About Us:*
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
*Follow Us LinkedIn: *https://www.linkedin.com/company/zion-market-research
*Follow Us Twitter: *https://twitter.com/zion_research
*Blog:* http://www.intenseresearch.com | http://www.mrsresearchgroup.com | http://www.marketresearchtrade.com | https://qyresearchgroup.com | http://marketnreports.com | https://zmrnewsjournal.us | http://www.e-marketresearch.com
*Contact Us:*
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
*Email:* sales@zionmarketresearch.com
*Website:* https://www.zionmarketresearch.com
*Blog:* http://zmrblog.com Reported by GlobeNewswire 3 minutes ago.
New York, NY, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Aluminum Caps & Closures Market By Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, and Non-Refillable Closures) and By Application (Beverages, Food, Home & Personal Care, and Pharmaceutical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024”*. According to the report, the global aluminum caps & closures market was valued at USD 5.24 billion in 2017 and is expected to reach USD 7.42 billion by 2024, growing at a CAGR of 5.1% between 2018 and 2024.
Aluminum caps and closures are produced in different closures types and diameters. The recent trend toward the using processed and preserved product in the daily diet will enlarge the aluminum caps and closures market scope extensively. The product provides rigidity and stability while using it for packaging as compared to other materials.
*Browse through 55 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Aluminum Caps & Closures Market: By Type, Size, Share, Industry Growth, Demand, Analysis and Forecast, 2017–2024”.*
*Request Free Sample Report of Global Aluminum Caps & Closures Market Report @ *https://www.zionmarketresearch.com/sample/aluminum-caps-closures-market
The market is driven by various growth factors, such as product differentiation and branding along with concerns about food, product security and safety, and reducing packaging sizes. The rising demand for convenience is estimated to fuel the aluminum caps & closures market over the forecast time period. Nevertheless, developing countries are likely to offer lucrative growth opportunities for global aluminum caps & closures market in the years to come.
The aluminum caps & closures market is segmented based on type and application. By type, this market is categorized into roll-on pilfer-proof caps, non-refillable closures, and easy-open can ends. The roll-on pilfer-proof caps segment dominated the market in 2017 and is expected to maintain its position in the future. Roll-on pilfer-proof caps have various applications in various industries, such as pharmaceutical, beverages, and food industry, as they are a reliable packaging alternative for wine, spirits, and sparkling beverages (non-alcoholic and alcoholic) and cost-effective. These caps have the ability to offer more space for graphics and logos, among other design aspects.
*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/aluminum-caps-closures-market
By application, the aluminum caps & closures market is segmented into beverages, food, home, and personal care, and pharmaceutical. Beverage segment held the largest market share in 2017, owing to the large-scale demand for beverages, such as alcoholic beverages and soft drinks. It is the fastest growing application segment, owing to the large-scale demand for aluminum caps & closures by the beverage industry. These caps and closures are used to pack alcoholic and non-alcoholic beverages, such as wine, vodka, etc.
The Asia Pacific held the largest share, nearly 34%, in the market for aluminum caps & closures in 2017. Increasing per capita income of people, better standards of living and improved spending abilities of the middle-class are likely to fuel the aluminum caps & closures market over the estimated time period. Additionally, the growing aging population in the region and the presence of established players are also likely to propel the market growth in the near future. The growth of Asia Pacific in this market is supported by improvements in the economic conditions, growing allocation of government budgets for product manufacturing, increasing number of standards related to building codes, positive demographic outlook, and an increase in the per capita income.
*Request The Discount on This Report:* https://www.zionmarketresearch.com/requestdiscount/aluminum-caps-closures-market
Europe is the second largest regional market for aluminum caps & closures. This region is projected to exhibit a significant rate of growth, owing to the rising government emphasis to reduce the toxic contents of packaging materials. Moreover, the growing working population is contributing to an increase in the demand for ready-to-eat food, which, in turn, is anticipated to boost the aluminum caps & closures market in the upcoming years.
In 2017, North America accounted the third largest market share of the aluminum caps & closures market. The swift growth of various industries, such as food and beverages, manufacturing, and pharmaceutical, and the recovery of an economic slowdown are anticipated to fuel this regional market during the forecast time period. The U.S. dominated the North American aluminum caps & closures market in 2017, followed by Canada. Huge product demand by the food industry due to rising food exports is likely to drive the aluminum caps & closures market in this region.
Browse the full *"Aluminum Caps & Closures Market By Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, and Non-Refillable Closures) and By Application (Beverages, Food, Home & Personal Care, and Pharmaceutical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024"* report at https://www.zionmarketresearch.com/report/aluminum-caps-closures-market
The Middle Eastern and African and Latin American markets are projected to witness significant growth rate in the coming years, owing to the availability of raw material and escalating increase in the working population.
The key manufacturers operating in the global aluminum caps & closures market are Amcor, Crown Holding, Closure Systems International, Silgan Holdings, Herti JSC, Guala Closures, Torrent Closures, Alcopack Group, Cap & Seal Pvt. Ltd., and Federfin Tech S.R.L.
*Inquire more about this report before purchase @ *https://www.zionmarketresearch.com/inquiry/aluminum-caps-closures-market
*This report segments the global aluminum caps & closures market as follows:*
*Aluminum Caps & Closures Market: Type Analysis*
· Roll-On Pilfer-Proof Caps
· Easy-Open Can Ends
· Non-Refillable Closures
*Aluminum Caps & Closures Market: Application Analysis*
· Beverages
· Food
· Home & Personal Care
· Pharmaceutical
*Aluminum Caps & Closures Market: Regional Analysis*
· North America
· The U.S.
· Europe
· UK
· France
· Germany
· Asia Pacific
· China
· Japan
· India
· Latin America
· Brazil
· The Middle East and Africa
*Related Reports:*
· *Sustainable Packaging Market: *https://www.zionmarketresearch.com/report/sustainable-packaging-market
· *Paint Packaging Market:* https://www.zionmarketresearch.com/report/paint-packaging-market
· *Blow Fill Seal Technology Market: *https://www.zionmarketresearch.com/report/latin-america-blow-fill-seal-technology-market
· *End-of-line Packaging Market:* https://www.zionmarketresearch.com/report/end-of-line-packaging-market
· *Aseptic Packaging Market:* https://www.zionmarketresearch.com/report/aseptic-packaging-market
*About Us:*
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
*Follow Us LinkedIn: *https://www.linkedin.com/company/zion-market-research
*Follow Us Twitter: *https://twitter.com/zion_research
*Blog:* http://www.intenseresearch.com | http://www.mrsresearchgroup.com | http://www.marketresearchtrade.com | https://qyresearchgroup.com | http://marketnreports.com | https://zmrnewsjournal.us | http://www.e-marketresearch.com
*Contact Us:*
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
*Email:* sales@zionmarketresearch.com
*Website:* https://www.zionmarketresearch.com
*Blog:* http://zmrblog.com Reported by GlobeNewswire 3 minutes ago.
↧
Clean Sweep - All APS Upset Recovery Training Instructors Are Master Certificated Flight Instructors
APS advanced instructor pilot Emmanuel “Manu” Remy recently received his Master Certificated Flight Instructor accreditation with the aerobatic distinction (MCFI-A). With extensive all-attitude flight experience, objective third party recognition, and rigorous APS-proprietary airplane upset recovery specific training, APS instructor pilots are the most qualified in the world to teach comprehensive academic, on-aircraft, and advanced simulator Upset Prevention & Recovery Training (UPRT), and all APS UPRT instructors are now Master Certified Flight Instructors — a record unmatched in the aviation industry.
MESA, Ariz. (PRWEB) December 04, 2018
Aviation Performance Solutions (APS) is proud to announce that all its Upset Recovery Training instructors across the United States in Arizona, Texas, and Alabama are now Master Certified Flight Instructors--a record unmatched in the aviation industry. Advanced pilot instructor Emmanuel “Manu” Remy is the most recent APS instructor to achieve the Master Certificated Flight Instructor designation, with the additional Aerobatic distinction (MCFI-A) , accredited by Master Instructors LLC. This achievement is just one component of the extensive training and experience required of APS advanced instructor pilots who teach fully comprehensive Upset Prevention and Recovery Training (UPRT). Manu’s accreditation makes him the 11th MCFI-A currently providing UPRT at APS.
Emmanuel “Manu” Remy was born and raised in Paris, France. His extensive and interesting aviation background includes time as an instructor pilot specializing in aerobatics and emergency maneuver training and international flying dropping sterile cattle flies for a USDA contract. He also spent over 10 years as an airline pilot and then was hired by the Experimental Aircraft Association to instruct at the headquarters of the world’s biggest airshow, “Air Venture,” in Oshkosh, Wisconsin. More about Manu: apstraining.com/Remy
The MCFI achievement is a national, FAA recognized accreditation earned through a rigorous process of continuing professional activity and peer review. The accreditation must be renewed biennially and signifies a true commitment to excellence and safety of flight operations. Master Instructors LLC relates, “Simply put, the Master Instructor designation is a means by which to identify those outstanding aviation educators, those 'Teachers of Flight,' who are demonstrating an ongoing commitment to excellence, professional growth, and service to the aviation community.”
“Because safety of operations and highly qualified instructors are the key to effective, life-saving Upset Prevention & Recovery Training (UPRT), APS has set the standard for instructor training and qualification,“ says Paul BJ Ransbury, president of Aviation Performance Solutions. “Along with the achievement of MCFI-A status and extensive background experience, APS instructor pilots receive in-house UPRT-specific training according to industry best practices and proven, standardized techniques. APS instructors are the most qualified in the world to teach UPRT. ”
ABOUT THE MASTER INSTRUCTOR DESIGNATION
The Master Instructor designation is a national accreditation recognized by the FAA. Candidates must demonstrate an ongoing commitment to excellence, professional growth, and service to the aviation community, and must pass a rigorous evaluation by a peer Board of Review. The process parallels the continuing education regimen used by other professionals to enhance their knowledge base while increasing their professionalism. Designees are recognized as outstanding aviation educators for not only their excellence in teaching, but for their engagement in the continuous process of learning — both their own, and their students’. The designation must be renewed biennially and significantly surpasses the FAA requirements for renewal of the candidate’s flight instructor certificate. Learn why the Master Certified Flight Instructor program matters to APS.
ABOUT AVIATION PERFORMANCE SOLUTIONS
Aviation Performance Solutions LLC (APS), headquartered at the Phoenix-Mesa Gateway Airport in Mesa, Arizona, trains thousands of professional pilots and instructors in comprehensive Upset Prevention and Recovery Training skill development. APS provides integrated LOC-I solutions via industry-leading computer-based, on-aircraft (jet and piston), and full-flight simulator Upset Prevention & Recovery Training (UPRT). All training is in full compliance with the Airplane Upset Recovery Training Aid, FAA Advisory Circular 120-109A on Stall Training, ICAO Manual on Aeroplane Upset Prevention and Recovery Training, IATA Guidance Material and Best Practices for the Implementation of Upset Prevention and Recovery Training, and the FAA Advisory Circular 120-111 on Upset Prevention and Recovery Training. APS is the only Part 141 Flight School certified in the delivery of complete upset prevention & recovery, stall/spin and instrument upset recovery training courses worldwide. With additional training locations in Texas (USA), The Netherlands (Europe), and military division in Alabama (USA), APS provides global access to the highest quality Upset Prevention and Recovery Training available. Please visit our website at: apstraining.com Reported by PRWeb 3 hours ago.
MESA, Ariz. (PRWEB) December 04, 2018
Aviation Performance Solutions (APS) is proud to announce that all its Upset Recovery Training instructors across the United States in Arizona, Texas, and Alabama are now Master Certified Flight Instructors--a record unmatched in the aviation industry. Advanced pilot instructor Emmanuel “Manu” Remy is the most recent APS instructor to achieve the Master Certificated Flight Instructor designation, with the additional Aerobatic distinction (MCFI-A) , accredited by Master Instructors LLC. This achievement is just one component of the extensive training and experience required of APS advanced instructor pilots who teach fully comprehensive Upset Prevention and Recovery Training (UPRT). Manu’s accreditation makes him the 11th MCFI-A currently providing UPRT at APS.
Emmanuel “Manu” Remy was born and raised in Paris, France. His extensive and interesting aviation background includes time as an instructor pilot specializing in aerobatics and emergency maneuver training and international flying dropping sterile cattle flies for a USDA contract. He also spent over 10 years as an airline pilot and then was hired by the Experimental Aircraft Association to instruct at the headquarters of the world’s biggest airshow, “Air Venture,” in Oshkosh, Wisconsin. More about Manu: apstraining.com/Remy
The MCFI achievement is a national, FAA recognized accreditation earned through a rigorous process of continuing professional activity and peer review. The accreditation must be renewed biennially and signifies a true commitment to excellence and safety of flight operations. Master Instructors LLC relates, “Simply put, the Master Instructor designation is a means by which to identify those outstanding aviation educators, those 'Teachers of Flight,' who are demonstrating an ongoing commitment to excellence, professional growth, and service to the aviation community.”
“Because safety of operations and highly qualified instructors are the key to effective, life-saving Upset Prevention & Recovery Training (UPRT), APS has set the standard for instructor training and qualification,“ says Paul BJ Ransbury, president of Aviation Performance Solutions. “Along with the achievement of MCFI-A status and extensive background experience, APS instructor pilots receive in-house UPRT-specific training according to industry best practices and proven, standardized techniques. APS instructors are the most qualified in the world to teach UPRT. ”
ABOUT THE MASTER INSTRUCTOR DESIGNATION
The Master Instructor designation is a national accreditation recognized by the FAA. Candidates must demonstrate an ongoing commitment to excellence, professional growth, and service to the aviation community, and must pass a rigorous evaluation by a peer Board of Review. The process parallels the continuing education regimen used by other professionals to enhance their knowledge base while increasing their professionalism. Designees are recognized as outstanding aviation educators for not only their excellence in teaching, but for their engagement in the continuous process of learning — both their own, and their students’. The designation must be renewed biennially and significantly surpasses the FAA requirements for renewal of the candidate’s flight instructor certificate. Learn why the Master Certified Flight Instructor program matters to APS.
ABOUT AVIATION PERFORMANCE SOLUTIONS
Aviation Performance Solutions LLC (APS), headquartered at the Phoenix-Mesa Gateway Airport in Mesa, Arizona, trains thousands of professional pilots and instructors in comprehensive Upset Prevention and Recovery Training skill development. APS provides integrated LOC-I solutions via industry-leading computer-based, on-aircraft (jet and piston), and full-flight simulator Upset Prevention & Recovery Training (UPRT). All training is in full compliance with the Airplane Upset Recovery Training Aid, FAA Advisory Circular 120-109A on Stall Training, ICAO Manual on Aeroplane Upset Prevention and Recovery Training, IATA Guidance Material and Best Practices for the Implementation of Upset Prevention and Recovery Training, and the FAA Advisory Circular 120-111 on Upset Prevention and Recovery Training. APS is the only Part 141 Flight School certified in the delivery of complete upset prevention & recovery, stall/spin and instrument upset recovery training courses worldwide. With additional training locations in Texas (USA), The Netherlands (Europe), and military division in Alabama (USA), APS provides global access to the highest quality Upset Prevention and Recovery Training available. Please visit our website at: apstraining.com Reported by PRWeb 3 hours ago.
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Anatomy of a Russian Media Escalation
The latest escalation in the Sea of Azov provides a case study of how Russia’s vast state propaganda apparatus is employed to muddy the waters and curb Western attempts to halt Russian aggression. What we know: Three Ukrainian ships were fired upon and then captured by Russian vessels as the Ukrainians were preparing to transit through the Kerch Strait in the Sea of Azov on Sunday, November 25. Earlier that day, a Ukrainian tugboat was rammed by a Russian coast guard ship. Some are calling it the third front in Russia’s previously clandestine war in Ukraine, which erupted in 2014 with the seizure of the Crimean Peninsula and a Moscow-fueled military campaign in the country’s east. In Europe, the response to what Ukrainian President Petro Poroshenko called an act of Russian aggression inevitably led to talk of more sanctions against Russia. Faced with a backlash from this most recent military escalation, Moscow found itself in need of a new narrative. Putin’s deputy chief of staff, Alexey Gromov, the alleged maestro behind Russia’s media machine, appears to have gotten state TV and news agencies all singing the same tune. Turn on Rossiya-1 state television’s “Evening With Vladimir Solovyov” and the canticle of “Poroshenko’s political provocation” is being delivered at a rapid-fire clip. (http://www.vsoloviev.ru/) “Martial law wasn’t introduced [in Ukraine] in 2014 in connection with the Crimean situation,” political scientist Sergey Mikheyev told the program. “It wasn’t introduced during the battles of Debaltseve and Ilovaisk. It wasn’t introduced during what in reality were a series of harsher incidents. And then nationalists had been demanding that [Ukrainian President Petro] Poroshenko introduce martial law. And he gave a list of 15 reasons why martial law couldn’t be introduced. And now suddenly, meaning three to four months before the [March 31, 2019 presidential] election and two months before the election campaign, this incident serves as a reason to introduce martial law.” Western media and civil society organizations also expressed a concern over Poroshenko’s motives. Foreign Policy Magazine quoted a Polish government-funded think tank, the Centre for Eastern Studies, positing that “that the decision to introduce martial law is an attempt to exploit the situation and increase his public support.” Some ordinary Ukrainians can be seen in Western news reports also worrying over the Ukrainian president’s political goals. “Our beloved president wants to delay elections kind of unintentionally,” said one young man in a Bloomberg collection of street interviews. “Our president will be here forever,” says another man in Kyiv in a BBC video seen on the Kyiv Post. Yet on both videos, the opinions are varied, sprinkled with a few who are concerned about a possible invasion. https://www.bloomberg.com/news/videos/2018-11-28/martial-law-in-ukraine-locals-respond-video https://www.kyivpost.com/multimedia/video/bbc-ukraine-russia-sea-clash-are-ukrainians-worried-video A Human Rights Watch Report raises concern over martial law powers, that Ukraine government “authorities do not have a carte blanche to restrict rights;” warning about election manipulation and that “international partners should ensure that doesn’t happen.” https://reliefweb.int/report/ukraine/ukraine-shouldn-t-abandon-human-rights-under-new-martial-law Yet the Foreign Policy report concludes the Rada put a check on Poroshenko, halving the length of time under martial law which would end it well before elections and putting it into effect in only 10 of Ukraine’s 27 regions. “A full-blown assault on Ukraine’s democracy, however, isn’t in the offing,” FP concludes. While the policy concerns appear similar, the balance in the Western media reporting seems to make the point. Russian state media’s consistent messaging is that martial law was adopted to provide a pretext for canceling the elections. https://www.youtube.com/watch?v=qSegF-C6TysGo online, and the same refrain is sounding across the Russian information echo chamber. An RT headline reads: “Election ploy? Poroshenko declares martial law in Ukraine after Kerch standoff.” https://www.rt.com/news/444928-martial-law-poroshenko-election-kerch “Attempt to Avoid Election? Why Poroshenko Wants Martial Law Over Kerch Incident,” declares another, on Sputnik. https://sputniknews.com/europe/201811261070145083-ukraine-martial-law/ Still another: “Ukrainian Provocations in Kerch Strait Executed on Direct Orders from Kiev – FSB.” https://sputniknews.com/russia/201811261070150606-russia-ukraine-kerch-sbu-fsb/ While the RT article comes to this unattributed conclusion: “The standoff between the Ukrainian and Russian ships could have been a planned provocation – a domestic ploy aimed at swinging a potentially unwinnable election.” https://www.rt.com/news/444928-martial-law-poroshenko-election-kerch/ And the same messages emerge from Russian government leaders. First, Russian Senator Franz Klintsevich repeated the claim that martial law could be extended in order to cancel the Ukrainian election, scheduled for March 31, 2019. Deputy Director of the Institute of the CIS Vladimir Zharikhin concurred, saying: “Poroshenko is clearly looking for a reason to cancel or postpone the elections, given his low ratings." https://sputniknews.com/europe/201811261070145083-ukraine-martial-law/ But the claims go farther, accusing Poroshenko not just of taking advantage of a crisis but manufacturing it in the first place. "Regarding the introduction of martial law in Ukraine, it is obvious that this is not a consequence, but a cause. It was with this possibility in mind that the whole provocation in the Sea of Azov was actually planned,” said Konstantin Kosachev, the head of the Foreign affairs committee of the Federation Council, the upper chamber of Russia’s parliament. “For this, all the provocations in the Sea of Azov were started.” https://sputniknews.com/europe/201811261070145083-ukraine-martial-law/ Or, as Russian Foreign Ministry spokeswoman Maria Zakharova wrote on Facebook: "Literally the whole basis of the politics of Poroshenko and his regime is a provocation.” https://www.facebook.com/maria.zakharova.167 That message is promulgated by Russian embassies around the world. https://twitter.com/israel_mid_ru/status/1067398224481304577 https://twitter.com/PMSimferopol/status/1067049258090708992 https://twitter.com/RussianEmbassy/status/1068113866561863682 https://twitter.com/RusEmbUSA/status/1067281515862794240 And eventually higher up the ladder. "It is obvious that incumbent President Poroshenko has no chances to win in the elections as things stand at the moment, and maybe even no chances to continue to the second round," TASS news agency quoted Russian Prime Minister Dmitry Medvedev as telling reporters. According to Tass, Medvedev believes the Kerch Strait “provocation” was undertaken "to achieve certain decisions politically advantageous for the incumbent president". http://tass.com/world/1032897 Russian Security Council Secretary and former FSB head Nikolai Patrushev joined the chorus, claiming that Poroshenko and his associates are “ready to commit any crime trying to improve their chances to remain in power.”"After declaring martial law and partially restricting human rights and freedoms, he may call off the presidential election citing the need to protect the people of Ukraine," Patrushev said. http://tass.com/politics/1032801 And finally, on Wednesday, November 28, the message came from the very top. "As for the Black Sea incident, certainly, this was a provocation,” Russian President Vladimir Putin said. “The provocation carried out by the current authorities, and I think by the incumbent president ahead of the presidential election in Ukraine in March next year,” Putin added: “The incumbent president’s rating is somewhere at the fifth place, and he is running the risk of not making in into the second round, that’s why something needs to be done to exacerbate this situation and create invincible obstacles for his rivals, namely from the opposition.” http://tass.com/politics/1033136 Poroshenko does, indeed, face steep odds in his quest to retain the presidency. A presidential election poll released nine days before the maritime incident showed fully half the voters say they would not vote for the incumbent, numbers the Russian state media seizes upon to make a repetitive point. https://www.kyivpost.com/ukraine-politics/pre-election-poll-gives-poroshenko-highest-anti-rating-of-all-presidential-candidates.html [NOTE: Do we need to mention that Poroshenko’s approval ratings are indeed low? For example: (William: I will leave it to you all to decide on this). https://www.kyivpost.com/ukraine-politics/pre-election-poll-gives-poroshenko-highest-anti-rating-of-all-presidential-candidates.html https://en.wikipedia.org/wiki/Opinion_polling_for_the_Ukrainian_presidential_election,_2019] Christopher Paul and Miriam Matthews, researchers and social scientists at the Rand Corporation, identify in their study, “The Russian ‘Firehose of Falsehood’ Propaganda Model”, that Russia seeks to bolster the veracity of its message by being prolific (It should be noted the Rand Corporation has a wide-ranging mandate but many of its national security-related studies are paid for by U.S. government agencies). https://www.rand.org/content/dam/rand/pubs/perspectives/PE100/PE198/RAND_PE198.pdf Even if the Russian media reports are shallow by Western standards, the authors argue their high-channel, multi-channel nature psychologically provides a believability boost: “Quantity does indeed have a quality all its own.” And if there is a playbook for a Kremlin disinformation campaign, it was provided by Ben Nimmo, of the Atlantic Council in “Anatomy of an Info War” (Note: The Atlantic Council is a non-profit, US-based think tank which receives funding from a variety of US and foreign government agencies, companies, and individuals http://www.atlanticcouncil.org/support/supporters) https://www.stopfake.org/en/anatomy-of-an-info-war-how-russia-s-propaganda-machine-works-and-how-to-counter-it/ Nimmo lays out a “4D” approach to massaging the narrative and shifting blame to the victim: dismiss, distort, distract, dismay. Take, for example, a quote from Zakharova. “Russia has warned Ukraine against efforts to revise the status of the Sea of Azov in violation of international law, urging Kiev to refrain from attempts to unilaterally establish new state borders,” Zakharova said. "After tearing Ukraine apart, Poroshenko and the entire Maidan gang will then travel around the world giving lectures on the benefits of democracy, just like [former Georgian President Mikhail] Saakashvili does now. [They] have already reached peace in Donbass. Now they are onto Kerch Strait. "[They are] highwaymen. And they use bandits' methods, too: first, a provocation; then, exertion of force; and finally, accusing others of aggression," she said. https://sputniknews.com/europe/201811251070121395-russia-fire-strait-kerch-conflict/ As Polygraph.info previously reported, “the status” of the Azov Sea was established in a bilateral treaty between Russia and Ukraine signed in 2003 and ratified by Russia in 2004. It governs the use of the Kerch strait and the Sea of Azov, which in the words of the treaty is considered to be the “internal waters” of both Russia and Ukraine. Article 2 of the agreement guarantees freedom of movement through the straits and in the Sea of Azov to all Russian and Ukrainian commercial and military vessels. https://www.polygraph.info/a/russian-coast-guard-rams-ukrainian-tugboat-official-denies-fact-check/29622245.html However, after the annexation of the Crimean peninsula by Russia in 2014, which violated several bilateral agreements between the two countries in addition to international law, Western nations have protested increasing Russian control, which some media call “creeping annexation.” The “creeping hybrid blockade” of the Sea Azov has also been called a Russian efforts to turn it into a “Russian lake.” https://www.bloomberg.com/news/articles/2018-07-25/ukraine-complains-russia-uses-crimea-bridge-to-disrupt-shippinghttps://jamestown.org/program/ukraine-struggles-retain-presence-azov-sea-plans-new-canal-around-crimea/ And what do you do when, through annexation and invasion, you have put a smaller neighbor on the brink of disaster? What do you do in the midst of a campaign of so-called creeping annexation? https://www.nbcnews.com/news/world/russian-creeping-annexation-hits-ukraine-sea-azov-n939981 As for tearing Ukraine apart, both the annexation of Crimea and the Donbas war were initiated at the Kremlin’s behest. https://www.polygraph.info/a/rt-ukraine-russia-donbas/28912097.html And after the most recent events, the facts would dictate that the “provocation,” “exertion of force” and “accusing others of ‘aggression’” did not originate on the Ukrainian side. But when Poroshenko reacts, he is accused of crying “bloody murder.” https://sputniknews.com/europe/201811261070145083-ukraine-martial-law/ But all of this culminates in Kremlin-friendly pundits warning of “all-out war” if the West supports the “unhinged Kyiv regime,” or of escalations that are “getting close to World War Three.” https://www.rt.com/op-ed/444997-nato-war-ukraine-azov-ships https://sputniknews.com/analysis/201811261070147786-kerch-strait-conflict-comment Ukraine’s future? “Terrorist Dictatorship or Disintegration of the Country.” https://russia-insider.com/en/view-russia-what-comes-next-ukraine-terrorist-dictatorship-or-disintegration-country/ri25502 So what is the point of these “messages of apocryphal doom”, which follow a “black-and-white narrative” based on the four Ds? According to Nimo: “To intimidate opponents and force a change of course.” The real question: will that course respect the legitimate rights of both parties in the Azov Sea?
Reported by Polygraph.info 3 hours ago.
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Third Partner Joins King & Spalding in Los Angeles From Boutique Healthcare Firm
LOS ANGELES, Dec. 04, 2018 (GLOBE NEWSWIRE) -- King & Spalding announced today that Amanda Hayes-Kibreab has joined the firm as a partner on the Healthcare team in the Los Angeles office.Hayes-Kibreab’s practice focuses on complex business litigation, arbitration and dispute resolution on behalf of healthcare providers, with a particular emphasis on managed care litigation. She represents hospitals and hospital systems, provider groups, surgery centers, and other healthcare entities.
“Amanda is an important addition to the managed care litigation group on the West Coast, and a significant boon to our healthcare clients across the firm,” said Jim Boswell, head of King & Spalding’s Healthcare team. “She is a driven advocate with a broad range of litigation experience.”
Hayes-Kibreab joins from the healthcare-focused firm of Hooper, Lundy & Bookman and is the third partner and eighth attorney to recently join King & Spalding’s Los Angeles office from there. Partners Glenn Solomon and Daron Tooch joined in November, along with counsel Vinay Kohli and associates Ariana Fuller, Jennifer Siegel, Jonathan Shin and David Tassa.
Hayes-Kibreab has managed large, multi-party, high-value disputes, litigated business and tort disputes on behalf of various healthcare entities and defended actions brought by large healthcare payors against hospital providers. She also has led the defense of large international white collar crime investigations for global healthcare device manufacturers, and has provided advice in a range of healthcare law and reform topics.
“We’re delighted that Amanda will be helping us grow the scale of our Healthcare team even further here in California,” said Peter Strotz, managing partner of the firm’s Los Angeles office. “Our clients need just the kind of expertise and leadership she brings to the table.”
Hayes-Kibreab earned her undergraduate degree from the University of Southern California and her J.D. from the University of California at Los Angeles School of Law.
“The scope of King & Spalding’s Healthcare offerings, as well as its collaborative culture, made it the right choice,” said Hayes-Kibreab. “I look forward to working with the team here, and to helping this practice grow.”
King & Spalding’s Healthcare industry practice has grown to encompass more than 260 professionals who serve the entire spectrum of healthcare providers, practitioners, investors, manufacturers, suppliers, vendors, educators, researchers, and inventors. The practice is one of two in the nation to be ranked in Band 1 in the Healthcare category by Chambers USA.
*About King & Spalding*
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,000 lawyers in 20 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.
*Contact:*
Jessie Seyfer
(415) 318-1223
jseyfer@kslaw.com Reported by GlobeNewswire 3 hours ago.
“Amanda is an important addition to the managed care litigation group on the West Coast, and a significant boon to our healthcare clients across the firm,” said Jim Boswell, head of King & Spalding’s Healthcare team. “She is a driven advocate with a broad range of litigation experience.”
Hayes-Kibreab joins from the healthcare-focused firm of Hooper, Lundy & Bookman and is the third partner and eighth attorney to recently join King & Spalding’s Los Angeles office from there. Partners Glenn Solomon and Daron Tooch joined in November, along with counsel Vinay Kohli and associates Ariana Fuller, Jennifer Siegel, Jonathan Shin and David Tassa.
Hayes-Kibreab has managed large, multi-party, high-value disputes, litigated business and tort disputes on behalf of various healthcare entities and defended actions brought by large healthcare payors against hospital providers. She also has led the defense of large international white collar crime investigations for global healthcare device manufacturers, and has provided advice in a range of healthcare law and reform topics.
“We’re delighted that Amanda will be helping us grow the scale of our Healthcare team even further here in California,” said Peter Strotz, managing partner of the firm’s Los Angeles office. “Our clients need just the kind of expertise and leadership she brings to the table.”
Hayes-Kibreab earned her undergraduate degree from the University of Southern California and her J.D. from the University of California at Los Angeles School of Law.
“The scope of King & Spalding’s Healthcare offerings, as well as its collaborative culture, made it the right choice,” said Hayes-Kibreab. “I look forward to working with the team here, and to helping this practice grow.”
King & Spalding’s Healthcare industry practice has grown to encompass more than 260 professionals who serve the entire spectrum of healthcare providers, practitioners, investors, manufacturers, suppliers, vendors, educators, researchers, and inventors. The practice is one of two in the nation to be ranked in Band 1 in the Healthcare category by Chambers USA.
*About King & Spalding*
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,000 lawyers in 20 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.
*Contact:*
Jessie Seyfer
(415) 318-1223
jseyfer@kslaw.com Reported by GlobeNewswire 3 hours ago.
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Nato accuses Russia of breaking nuclear missile treaty
Symbol copyright EPA Symbol caption Russia denies development missiles that violate the accord Western army alliance Nato has officially accused Russia of breaching the 1987 Intermediate-range Nuclear Forces (INF) Treaty, which banned land-based nuclear missiles in Europe. Following a gathering, Nato international ministers issued a remark supporting US accusations of Russian violations. The USA has …
Reported by The News Articles 3 hours ago.
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White House: Trump to meet Tuesday with German auto execs
WASHINGTON (AP) — President Donald Trump plans to meet briefly Tuesday with the heads of three leading German automakers. The meeting comes at a time of elevated U.S.-European trade tensions in which car exports have been a focus. Trump has threatened to slap tariffs on auto imports from Europe and other countries, citing U.S. trade […]
Reported by Seattle Times 3 hours ago.
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Clash DJ Mix - Cristoph
A slew of new productions from the Ibiza don...So that was summer.
With Christmas now fast on the way we feel confident enough to declare the season over, and say that *Cristoph* won via a knockout blow.
Playing sets across Europe and beyond, he held down regular appearances on Ibiza, storming the island with a slew of new production.
With his Camelphat collaboration 'Breathe' smashing into the mainstream it seems that the time is simply right for this North East producer, who has been soaked in club culture since his teens.
Catching up with Cristoph, the selector pieced together this mix for Clash, an astute house frenzy that leans on his own work.
Finishing with two sought after edits, it's a sign that house remains a vital force in youth culture - and that there is simply no end to the surprises in Cristoph's record bag.
Tune in now.
- - -
1. Matter - Indica
2. Orsen - Driftwood
3. Cristoph - Middlemen
4. Cristoph - Days & Years
5. Cristoph - Argentina ID01
6. Adam Beyer & Bart Skils - Your Mind (Cristoph’s Private Edit)
7. Cristoph - Torn
8. Cristoph - Breathe
9. Cristoph - Wheels
10. Tracey Thorn - Grand Canyon (Cristoph’s Private Edit)
11. Temper Traps - Sweet Disposition (Cristoph’s Private Edit)
Join us on *Vero*, as we get under the skin of global cultural happenings. Follow *Clash Magazine* as we skip merrily between clubs, concerts, interviews and photo shoots. Get backstage sneak peeks and a true view into our world as the fun and games unfold.
***B*uy Clash Magazine** Reported by Clash 3 hours ago.
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Ahead of COP24, Schneider Electric strengthens its commitment to become carbon neutral by 2030
· **The Group will present innovative solutions to fight climate change in Katowice**
· **Schneider Electric’s experts & leaders will actively participate at COP24**
MISSISSAUGA, Ontario, Dec. 04, 2018 (GLOBE NEWSWIRE) -- At a time when the latest IPCC report calls for urgent action to fight climate change, Schneider Electric, the leader in digital transformation of energy management and automation, is accelerating its contribution to meeting the United Nations’ Sustainable Development Goals. To mark the occasion of COP24 in Katowice (Poland), from December 3 to 14, 2018, Schneider Electric is strengthening its commitments to become carbon neutral by 2030 using solutions that will help accelerate the transition towards a low carbon economy.
*Carbon neutral by 2030*
“The climate emergency is growing, and new players are emerging to tackle the issue. The Paris Agreement signed three years ago provides us with a much clearer understanding of what is at stake. We’re now at a tipping point in limiting global warming to less than 2°C above pre-industrial levels to avoid a major ecological disaster”, says Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric.
In November 2015, on the eve of COP21, Schneider Electric announced its plan to become carbon neutral by 2030. To mark the occasion of COP24, Schneider Electric is stepping up its ambition and strengthening its commitments to fighting climate change, based on three complementary initiatives:
1. Before 2020: meet the 21 new commitments of the 2018-2020 Schneider Sustainability Impact barometer, outline a specific trajectory based on the assumption that Earth will breach the 2°C warming limit by 2050 and validate it through the Science Based Targets initiative, signed by the Group in 2016.
2. Achieve carbon neutrality by 2030 at its plants and sites, in a cohesive industry ecosystem encompassing both suppliers and clients. To that aim, the Group will
• quantify carbon emissions saved by its customers thanks to its EcoStruxure offers
• switch to 100% renewable electricity, use 100% recyclable or reusable packaging, and recover 100% of its industrial waste
• and double its energy productivity against a 2005 baseline.
3. Starting today and by 2050: cut its scope 1 and scope 2 carbon emissions by more than 50% vs. 2015, in line with the guiding principles of the Science Based Targets initiative.
*Building a sustainable future together, thanks to energy efficiency*
“The decisions we make today are critical to ensuring a safe and sustainable world for everyone, both now and in the future. At Schneider Electric, we believe that sustainability and innovation is technologically possible today. COP24, in Poland this year, is an opportunity for us to demonstrate our contribution through solutions that are a genuine remedy for climate change and to show how we can help meet the United Nations’ 17 Sustainable Development Goals”, said Gilles Vermot Desroches.
What is good for the climate is good for the economy. Schneider Electric’s solutions help accelerate the transition towards a low carbon economy offering numerous opportunities, from sustainable growth to job creation, improved public health and more. A number of Schneider Electric projects in Poland demonstrate this:
· Schneider Electric completed an electrical distribution modernization of the Saint Gobain glass factory in Dąbrowa Górnicza in 2017. The replacement and optimization of transformers, thanks to EcoSruxure Power Consulting Services, led to a 16% drop in energy losses (OPEX) in 2018 as well as a 30% drop in capital expenditure.
· Schneider Electric has also equipped the International Conference Center of Katowice, where COP24 will take place, and the Polish National Radio Symphony Orchestra Hall, location of the opening concert, with building energy management systems that significantly reduce their energy consumption while maintaining occupant comfort.
*Addressing energy poverty and the climate emergency *
Access to energy is a fundamental human right. The fight against climate change will not be effective without taking into account the needs of the 2.3 billion people with poor access to energy. That’s why Schneider Electric is actively promoting sustainable energy access everywhere. In developed countries, it means fighting fuel poverty, the state when a person can’t heat his or her home at an acceptable cost. At COP 24, the Schneider Electric Foundation, under the aegis of Foundation de France, together with social entrepreneurship organization Ashoka, will pursue this commitment to tackling fuel poverty in Europe by launching a new call for projects for 2019.
Climate change is another key issue, as many people have already been forced to leave their homes due to extreme natural disasters. Those situations call for mobile, clean, reliable and affordable energy access solutions. At COP24, Schneider Electric will launch its Villaya Emergency solution for easier access to energy in emergency situations. This solar microgrid solution is ready to use in any situation thanks to a system combining Schneider Electric technologies and the expertise of innovative start-ups. The entire solution is fitted into a standard shipping container for fast, easy transportation or relocation to anywhere worldwide.
*Schneider Electric at COP24*
COP24 will bring together around 20,000 participants (political leaders and representatives from NGOs, business and science and research) from more than 190 countries, all working to accelerate the implementation of solutions by 2020. Schneider Electric’s experts and executives will participate in a series of events and round tables.
*Day* *Time* *What* *Schneider Speaker* *Where*
*Dec. 6* 10.00am - 11.30am Increasing Climate Ambition
Organized by ICC
Jacek Lukaszewicz International Congress Center, Wisla Room
*Dec. 7* 09.00am - 10.00am COP24 Business & Industry Briefing
Organized by ICC
Jacek Lukaszewicz International Congress Center, Wisla Room
02.00pm - 03.00pm Cities & Private Sector Together Leading the Way to Zero Carbon Buildings
Organized by the US Green Building Council
Jacek Lukaszewicz US Climate Action Center
05.00pm - 06.00pm Conference Art of Change, by Atelier 21
With the Schneider Electric Foundation
* * Silesian Museum
*Dec. 8 * 11.00am - 12.30pm Maskbook Workshop
With the Schneider Electric Foundation
* * City of Garden
03.30pm - 05.00pm Innovation and Energy Poverty
Gilles Vermot Desroches French Pavilion
*Dec. 9* 09:00am - 11:00am Grid Mod and Decarbonization
Gilles Vermot Desroches US Climate Action Center
04.30pm - 05.00pm High-Level Roundtable Energy Transition Commission
Gilles Vermot Desroches Silesian Museum
*Dec. 10 * 09.00am - 04.00pm Ashoka Workshop * * City of Garden
01.00pm - 03.00pm High-Level Meeting Caring for Climate
Gilles Vermot Desroches Chinese Pavilion
03.30pm - 06.30pm Decarbonisation of the energy system via electrification
Gilles Vermot Desroches Chinese Pavilion
06.00pm - 07.00pm Launch of the new call for projects Ashoka/Schneider Electric Foundation
Gilles Vermot Desroches City of Garden
*Dec. 11* 10.45am - 12.00pm Talaoa Dialogue
Aurélie Jardin TBD
Jacek Lukaszewicz is Schneider Electric Cluster President Poland, Czech Republic & Slovakia. Gilles Vermot Desorches is Schneider Electric Sustainability SVP. Aurélie Jardin is Schneider Electric Public Affairs & Partnerships Director.
*About Schneider Electric *
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.
With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.
In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.
We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that *Life Is On* everywhere, for everyone and at every moment.
www.schneider-electric.com
Discover Life is On
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*Follow us on:*
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*Hashtags**:* #LifeIsOn #Sustainability #SDG #EnergyAccess #COP24 #Villaya
*Media Relations*
*Edelman for Schneider Electric*
*Rachel Lehman*
Tel: +1 416-849-8915
rachel.lehman@edelman.com Reported by GlobeNewswire 3 hours ago.
· **Schneider Electric’s experts & leaders will actively participate at COP24**
MISSISSAUGA, Ontario, Dec. 04, 2018 (GLOBE NEWSWIRE) -- At a time when the latest IPCC report calls for urgent action to fight climate change, Schneider Electric, the leader in digital transformation of energy management and automation, is accelerating its contribution to meeting the United Nations’ Sustainable Development Goals. To mark the occasion of COP24 in Katowice (Poland), from December 3 to 14, 2018, Schneider Electric is strengthening its commitments to become carbon neutral by 2030 using solutions that will help accelerate the transition towards a low carbon economy.
*Carbon neutral by 2030*
“The climate emergency is growing, and new players are emerging to tackle the issue. The Paris Agreement signed three years ago provides us with a much clearer understanding of what is at stake. We’re now at a tipping point in limiting global warming to less than 2°C above pre-industrial levels to avoid a major ecological disaster”, says Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric.
In November 2015, on the eve of COP21, Schneider Electric announced its plan to become carbon neutral by 2030. To mark the occasion of COP24, Schneider Electric is stepping up its ambition and strengthening its commitments to fighting climate change, based on three complementary initiatives:
1. Before 2020: meet the 21 new commitments of the 2018-2020 Schneider Sustainability Impact barometer, outline a specific trajectory based on the assumption that Earth will breach the 2°C warming limit by 2050 and validate it through the Science Based Targets initiative, signed by the Group in 2016.
2. Achieve carbon neutrality by 2030 at its plants and sites, in a cohesive industry ecosystem encompassing both suppliers and clients. To that aim, the Group will
• quantify carbon emissions saved by its customers thanks to its EcoStruxure offers
• switch to 100% renewable electricity, use 100% recyclable or reusable packaging, and recover 100% of its industrial waste
• and double its energy productivity against a 2005 baseline.
3. Starting today and by 2050: cut its scope 1 and scope 2 carbon emissions by more than 50% vs. 2015, in line with the guiding principles of the Science Based Targets initiative.
*Building a sustainable future together, thanks to energy efficiency*
“The decisions we make today are critical to ensuring a safe and sustainable world for everyone, both now and in the future. At Schneider Electric, we believe that sustainability and innovation is technologically possible today. COP24, in Poland this year, is an opportunity for us to demonstrate our contribution through solutions that are a genuine remedy for climate change and to show how we can help meet the United Nations’ 17 Sustainable Development Goals”, said Gilles Vermot Desroches.
What is good for the climate is good for the economy. Schneider Electric’s solutions help accelerate the transition towards a low carbon economy offering numerous opportunities, from sustainable growth to job creation, improved public health and more. A number of Schneider Electric projects in Poland demonstrate this:
· Schneider Electric completed an electrical distribution modernization of the Saint Gobain glass factory in Dąbrowa Górnicza in 2017. The replacement and optimization of transformers, thanks to EcoSruxure Power Consulting Services, led to a 16% drop in energy losses (OPEX) in 2018 as well as a 30% drop in capital expenditure.
· Schneider Electric has also equipped the International Conference Center of Katowice, where COP24 will take place, and the Polish National Radio Symphony Orchestra Hall, location of the opening concert, with building energy management systems that significantly reduce their energy consumption while maintaining occupant comfort.
*Addressing energy poverty and the climate emergency *
Access to energy is a fundamental human right. The fight against climate change will not be effective without taking into account the needs of the 2.3 billion people with poor access to energy. That’s why Schneider Electric is actively promoting sustainable energy access everywhere. In developed countries, it means fighting fuel poverty, the state when a person can’t heat his or her home at an acceptable cost. At COP 24, the Schneider Electric Foundation, under the aegis of Foundation de France, together with social entrepreneurship organization Ashoka, will pursue this commitment to tackling fuel poverty in Europe by launching a new call for projects for 2019.
Climate change is another key issue, as many people have already been forced to leave their homes due to extreme natural disasters. Those situations call for mobile, clean, reliable and affordable energy access solutions. At COP24, Schneider Electric will launch its Villaya Emergency solution for easier access to energy in emergency situations. This solar microgrid solution is ready to use in any situation thanks to a system combining Schneider Electric technologies and the expertise of innovative start-ups. The entire solution is fitted into a standard shipping container for fast, easy transportation or relocation to anywhere worldwide.
*Schneider Electric at COP24*
COP24 will bring together around 20,000 participants (political leaders and representatives from NGOs, business and science and research) from more than 190 countries, all working to accelerate the implementation of solutions by 2020. Schneider Electric’s experts and executives will participate in a series of events and round tables.
*Day* *Time* *What* *Schneider Speaker* *Where*
*Dec. 6* 10.00am - 11.30am Increasing Climate Ambition
Organized by ICC
Jacek Lukaszewicz International Congress Center, Wisla Room
*Dec. 7* 09.00am - 10.00am COP24 Business & Industry Briefing
Organized by ICC
Jacek Lukaszewicz International Congress Center, Wisla Room
02.00pm - 03.00pm Cities & Private Sector Together Leading the Way to Zero Carbon Buildings
Organized by the US Green Building Council
Jacek Lukaszewicz US Climate Action Center
05.00pm - 06.00pm Conference Art of Change, by Atelier 21
With the Schneider Electric Foundation
* * Silesian Museum
*Dec. 8 * 11.00am - 12.30pm Maskbook Workshop
With the Schneider Electric Foundation
* * City of Garden
03.30pm - 05.00pm Innovation and Energy Poverty
Gilles Vermot Desroches French Pavilion
*Dec. 9* 09:00am - 11:00am Grid Mod and Decarbonization
Gilles Vermot Desroches US Climate Action Center
04.30pm - 05.00pm High-Level Roundtable Energy Transition Commission
Gilles Vermot Desroches Silesian Museum
*Dec. 10 * 09.00am - 04.00pm Ashoka Workshop * * City of Garden
01.00pm - 03.00pm High-Level Meeting Caring for Climate
Gilles Vermot Desroches Chinese Pavilion
03.30pm - 06.30pm Decarbonisation of the energy system via electrification
Gilles Vermot Desroches Chinese Pavilion
06.00pm - 07.00pm Launch of the new call for projects Ashoka/Schneider Electric Foundation
Gilles Vermot Desroches City of Garden
*Dec. 11* 10.45am - 12.00pm Talaoa Dialogue
Aurélie Jardin TBD
Jacek Lukaszewicz is Schneider Electric Cluster President Poland, Czech Republic & Slovakia. Gilles Vermot Desorches is Schneider Electric Sustainability SVP. Aurélie Jardin is Schneider Electric Public Affairs & Partnerships Director.
*About Schneider Electric *
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.
With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.
In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.
We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that *Life Is On* everywhere, for everyone and at every moment.
www.schneider-electric.com
Discover Life is On
Discover EcoStruxure
*Follow us on:*
https://twitter.com/SchneiderElec
https://www.facebook.com/SchneiderElectric?brandloc=DISABLE
https://www.linkedin.com/company/schneider-electric
https://plus.google.com/+schneiderelectric/posts
https://www.youtube.com/user/SchneiderCorporate
https://www.instagram.com/schneiderelectric/
http://blog.schneider-electric.com/
*Hashtags**:* #LifeIsOn #Sustainability #SDG #EnergyAccess #COP24 #Villaya
*Media Relations*
*Edelman for Schneider Electric*
*Rachel Lehman*
Tel: +1 416-849-8915
rachel.lehman@edelman.com Reported by GlobeNewswire 3 hours ago.
↧
Emmanuel Macron’s crisis in France is a danger to all of Europe | Natalie Nougayrède
For Europe’s sake, Emmanuel Macron wishes lend a hand – now not our scorn or hatred. A tender, reformist French president who promised a “Eu renaissance” unearths himself suffering on the helm of a rustic this is rapid turning into “the unwell guy of Europe” once more. It was once a telling second closing weekend …
Reported by The News Articles 3 hours ago.
↧
Cult Brand Tommy John Finds Comfortable Fit with Centric PLM
Tommy John sees instant data centralization benefits with successful implementation of Centric PLM
CAMPBELL, Calif. (PRWEB) December 04, 2018
Tommy John, the comfort-focused lifestyle brand known for its innovative range of men’s and women’s underwear and apparel, has successfully gone live with Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals.
Tommy John was founded in 2008 by Tom Patterson, a former medical device salesman. Frustrated by the discomfort of wearing traditional men’s underwear, socks and undershirts in his life on the road, he set out to redesign men’s base layers from scratch with a focus on fabric, fit and function. ‘No Adjustment Needed’ is Tommy John’s slogan, reflecting the brand’s commitment to comfort. Tommy John has now expanded its product offering to include women’s underwear and apparel, and sells in over 1000 points of wholesale distribution across the USA, as well as online at tommyjohn.com. The company opened its first branded store at King of Prussia Mall in suburban Philadelphia in 2017, and recently added a second store at SouthPark Mall in Charlotte, North Carolina, with several more stores planned for 2019 and beyond.
Stephanie Schulz, Business Analyst at Tommy John, explains that the company’s rapid growth and desire to expand into new products led them to invest in a new PLM solution.
“Tommy John is ten years old, but in some ways it still feels like a startup, as we have had such high levels of growth and success in the last five years,” says Schulz. “We’ve recently launched our women’s division, and we’re expanding into new categories such as lifestyle, loungewear and athleisure. Using our old combination ERP and PLM system, data had to be exported and managed offline in spreadsheets and emails, which caused issues with data consistency and visibility. It took our teams a long time to update tech packs and make changes on the fly. We needed a solution that could scale with us, matching our growing numbers of teams and products in development.”
Tommy John investigated several PLM solutions, but references from Centric customers swung the balance toward Centric PLM.
“Our consultant had experience with Centric PLM and helped to guide our decision,” says Schulz. “We looked at Centric’s client list and saw how many large, reputable brands use it, and we set up calls with other companies who had recently implemented Centric PLM. Throughout the vendor selection process, the Centric team was very dedicated in terms of walking us through demos and answering all of our questions. On a functional level, we were impressed by Centric’s agility, configurability and welcoming user interface. It’s refreshing compared to the archaic systems we were dealing with before. It’s also very flexible, and we need a system that supports our business processes rather than slowing us down.”
Tommy John implemented Centric PLM in a little over seven months, and went live on the system in May 2018.
As Schulz notes, “The big win is that all of our users have visibility. They’re all connected to one version of the truth within the system. It’s transforming the way we develop styles and create tech packs, as information that was previously offline is now instantly accessible in Centric PLM. Mass functionality is very important, saving our teams time and allowing us to work together at a much faster pace. We’re also excited about the new features that Centric adds on all the time with new service packs and upgrades.”
“The Centric team have been so helpful throughout the implementation and great at coming up with solutions to map the system to the way we work,” concludes Schulz. “We really like the creative and proactive responses from the Centric team, who are always looking to grow and innovate. It’s something Tommy John and Centric have in common.”
“We are proud to have Tommy John as part of the Centric family, and happy to hear that Tommy John is already saving time and working more efficiently with Centric PLM,” says Chris Groves, President and CEO of Centric Software. “Tommy John is an innovative and dynamic brand with a commitment to making premium products and we are very excited to partner with them as they continue to grow.”
Request a Demo
Tommy John (http://www.tommyjohn.com)
Tommy John is a comfort-focused lifestyle brand committed to addressing the real problems men and women have with their clothing. Each product contains proprietary fabrics, innovative fit and functionality that eliminate unnecessary adjustments, discomfort, untucking and bunching. Tommy John launched in 2008 with the world's first patented undershirt with a stay-tucked guarantee, and has since expanded into underwear, socks, loungewear and apparel. Tommy John products can currently be found at over 1000 retail locations including Nordstrom, Men’s Wearhouse, Dillard's, Bloomingdale's, the Tommy John stores at King of Prussia Mall in suburban Philadelphia and SouthPark Mall in Charlotte, North Carolina and online at http://www.tommyjohn.com.
About Centric Software (http://www.centricsoftware.com)
From its headquarters in Silicon Valley and offices in trend capitals around the world, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods. Centric Visual Innovation Platform (VIP) is a visual, fully digital collection of boards for touch-based devices like iPad, iPhone and large-scale, touch-screen televisions. Centric VIP transforms decision making and automates execution to truly collapse time to market and distance to trend. Centric’s flagship product lifecycle management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, business planning, quality, and collection management functionality tailored for fast-moving consumer industries. Centric SMB packages extended PLM including innovative technology and key industry learnings tailored for small businesses.
Centric Software has received multiple industry awards, including the Frost & Sullivan Global Product Differentiation Excellence Award in Retail, Fashion, and Apparel PLM in 2016 and Frost & Sullivan’s Global Retail, Fashion, and Apparel PLM Product Differentiation Excellence Award in 2012. Red Herring named Centric to its Top 100 Global list in 2013, 2015, and 2016.
Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.
Media Contacts:
Centric Software
Americas: Jennifer Forsythe, jforsythe@centricsoftware.com
Europe: Kristen Salaun Batby, ksalaun-batby@centricsoftware.com
Asia: Lily Dong, lily.dong@centricsoftware.com Reported by PRWeb 2 hours ago.
CAMPBELL, Calif. (PRWEB) December 04, 2018
Tommy John, the comfort-focused lifestyle brand known for its innovative range of men’s and women’s underwear and apparel, has successfully gone live with Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals.
Tommy John was founded in 2008 by Tom Patterson, a former medical device salesman. Frustrated by the discomfort of wearing traditional men’s underwear, socks and undershirts in his life on the road, he set out to redesign men’s base layers from scratch with a focus on fabric, fit and function. ‘No Adjustment Needed’ is Tommy John’s slogan, reflecting the brand’s commitment to comfort. Tommy John has now expanded its product offering to include women’s underwear and apparel, and sells in over 1000 points of wholesale distribution across the USA, as well as online at tommyjohn.com. The company opened its first branded store at King of Prussia Mall in suburban Philadelphia in 2017, and recently added a second store at SouthPark Mall in Charlotte, North Carolina, with several more stores planned for 2019 and beyond.
Stephanie Schulz, Business Analyst at Tommy John, explains that the company’s rapid growth and desire to expand into new products led them to invest in a new PLM solution.
“Tommy John is ten years old, but in some ways it still feels like a startup, as we have had such high levels of growth and success in the last five years,” says Schulz. “We’ve recently launched our women’s division, and we’re expanding into new categories such as lifestyle, loungewear and athleisure. Using our old combination ERP and PLM system, data had to be exported and managed offline in spreadsheets and emails, which caused issues with data consistency and visibility. It took our teams a long time to update tech packs and make changes on the fly. We needed a solution that could scale with us, matching our growing numbers of teams and products in development.”
Tommy John investigated several PLM solutions, but references from Centric customers swung the balance toward Centric PLM.
“Our consultant had experience with Centric PLM and helped to guide our decision,” says Schulz. “We looked at Centric’s client list and saw how many large, reputable brands use it, and we set up calls with other companies who had recently implemented Centric PLM. Throughout the vendor selection process, the Centric team was very dedicated in terms of walking us through demos and answering all of our questions. On a functional level, we were impressed by Centric’s agility, configurability and welcoming user interface. It’s refreshing compared to the archaic systems we were dealing with before. It’s also very flexible, and we need a system that supports our business processes rather than slowing us down.”
Tommy John implemented Centric PLM in a little over seven months, and went live on the system in May 2018.
As Schulz notes, “The big win is that all of our users have visibility. They’re all connected to one version of the truth within the system. It’s transforming the way we develop styles and create tech packs, as information that was previously offline is now instantly accessible in Centric PLM. Mass functionality is very important, saving our teams time and allowing us to work together at a much faster pace. We’re also excited about the new features that Centric adds on all the time with new service packs and upgrades.”
“The Centric team have been so helpful throughout the implementation and great at coming up with solutions to map the system to the way we work,” concludes Schulz. “We really like the creative and proactive responses from the Centric team, who are always looking to grow and innovate. It’s something Tommy John and Centric have in common.”
“We are proud to have Tommy John as part of the Centric family, and happy to hear that Tommy John is already saving time and working more efficiently with Centric PLM,” says Chris Groves, President and CEO of Centric Software. “Tommy John is an innovative and dynamic brand with a commitment to making premium products and we are very excited to partner with them as they continue to grow.”
Request a Demo
Tommy John (http://www.tommyjohn.com)
Tommy John is a comfort-focused lifestyle brand committed to addressing the real problems men and women have with their clothing. Each product contains proprietary fabrics, innovative fit and functionality that eliminate unnecessary adjustments, discomfort, untucking and bunching. Tommy John launched in 2008 with the world's first patented undershirt with a stay-tucked guarantee, and has since expanded into underwear, socks, loungewear and apparel. Tommy John products can currently be found at over 1000 retail locations including Nordstrom, Men’s Wearhouse, Dillard's, Bloomingdale's, the Tommy John stores at King of Prussia Mall in suburban Philadelphia and SouthPark Mall in Charlotte, North Carolina and online at http://www.tommyjohn.com.
About Centric Software (http://www.centricsoftware.com)
From its headquarters in Silicon Valley and offices in trend capitals around the world, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods. Centric Visual Innovation Platform (VIP) is a visual, fully digital collection of boards for touch-based devices like iPad, iPhone and large-scale, touch-screen televisions. Centric VIP transforms decision making and automates execution to truly collapse time to market and distance to trend. Centric’s flagship product lifecycle management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, business planning, quality, and collection management functionality tailored for fast-moving consumer industries. Centric SMB packages extended PLM including innovative technology and key industry learnings tailored for small businesses.
Centric Software has received multiple industry awards, including the Frost & Sullivan Global Product Differentiation Excellence Award in Retail, Fashion, and Apparel PLM in 2016 and Frost & Sullivan’s Global Retail, Fashion, and Apparel PLM Product Differentiation Excellence Award in 2012. Red Herring named Centric to its Top 100 Global list in 2013, 2015, and 2016.
Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.
Media Contacts:
Centric Software
Americas: Jennifer Forsythe, jforsythe@centricsoftware.com
Europe: Kristen Salaun Batby, ksalaun-batby@centricsoftware.com
Asia: Lily Dong, lily.dong@centricsoftware.com Reported by PRWeb 2 hours ago.
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