HONG KONG, July 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Central Reinsurance Corporation (Central Re) (Taiwan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Central Re’s strong risk-adjusted capitalization, favorable operating results and solid presence in Taiwan’s reinsurance market as the sole domestic reinsurer. Central Re maintains strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR). Its favorable earnings are underpinned by positive underwriting and investment income. The company’s life portfolio has delivered a track record of stable underwriting profit, which over the years has reduced earnings volatility from its non-life business. Offsetting rating factors include the challenges Central Re faces in the current soft reinsurance market conditions and its potential earnings and capital volatility in light of its catastrophe exposures. Compared with its regional peers, Central Re has high net catastrophe loss retention relative to its total capital and surplus. Positive rating actions are unlikely in the near term. Negative rating actions could result from material decreases in the company’s risk-adjusted capitalization or from sustained deterioration in its operating performance. mrem.bernama.com/viewsm.php?idm=29664
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NEW YORK, July 26 (Bernama-BUSINESS WIRE) -- Goodpack, a world leader in steel intermediate bulk containers (IBCs), has selected Antuit’s Advanced Supply Chain Planning and Analytics platform to maximize return on assets by improving container availability and reducing overall cost to serve.
“We were impressed by Antuit’s domain expertise and ability to demonstrate the positive impact of advanced analytics on our business,” said Goodpack CIO Kenneth Hee. “I’m confident that Antuit’s platform will transform our supply chain planning into a data-driven, customer-centric strategic business enabler.” “Although there has been a lot of talk about artificial intelligence and how it can maximize value in the supply chain, very few companies have taken significant steps to leverage it,” explained Siva Lakshmanan, Senior Vice President and global digital supply chain practice lead at Antuit. “Goodpack views its supply chain a key differentiator in the market, and understands that advanced analytics can unlock the true value of its supply chain.” mrem.bernama.com/viewsm.php?idm=29662 CRUSADERS OF LIGHT MMORPG NOW AVAILABLE ON THE APP STORE, GOOGLE PLAY, AND FACEBOOK GAMEROOM FOR PC25/7/2017 Players can now team up for epic 40-person raids on mobile, PC, or across both
BRISBANE, Calif., July 25 (Bernama-BUSINESS WIRE) -- Crusaders of Light, the new MMORPG from NetEase, Inc. (NASDAQ: NTES), has officially launched on mobile devices and PC, and is now available for free download on the App Store, Google Play and Facebook Gameroom. Now players can experience an authentic MMORPG on mobile and take their character cross-platform for seamless play between their mobile device and PC. Discover a gorgeous 3D fantasy world, a series of challenging dungeons, new friendships forged in the guild system, and, for the first time ever on mobile, 40-person raids -- available now as a free download. In addition to being able to play with friends who have different hardware, gamers can now take Crusaders of Light on the go, switch to PC via Gameroom when they want to better enjoy the stunning graphics or tackle more complex content, and continue questing using their same character, whether at home or away. Download the game today from the App Store, Google Play, or Facebook Gameroom by visiting: http://crusadersoflight.link/downloadnow. Check out some of the in-game action in a new trailer here: http://crusadersoflight.link/quicktrailer. To celebrate the launch, NetEase has kicked-off the Fastest Dungeon Raid Competition, an in-game competition that will award one 40-person team a cash prize pool of up to $400,000 -- $10,000 per eligible player. Set in Heroic Mode of Crusaders of Light’s Fort Desolation Dungeon, the 40-person team that defeats the dungeon and its two bosses with the fastest time within the competition period will take home the big prize. More information can be found at http://crusadersoflight.com. A video explaining the competition details can be found here. Check here for official rules and a list of eligible countries and servers. Crusaders of Light brings a fully-fledged MMORPG experience to mobile devices with over 300 hours of available gameplay, raids of up to 40 players, and ranked arena battles. Players can team up with friends to form guilds, take on legendary bosses, and complete heroic quests. Using integrated voice chat, players can sync up with guildmates to plan and execute epic dungeon raids and coordinate arena battles of up to 40v40 to level up and unlock even more loot and adventures. Players can also hone their skills in ranked 1v1, 3v3, and 5v5 PvP arena battles. A press kit including screenshots, a logo, and video footage for Crusaders of Light can be downloaded here: http://netease-na.com/for-media/#assets. For more information about Crusaders of Light, please visit us on Facebook: www.facebook.com/CrusadersMMO, or follow us on Twitter: twitter.com/crusadersmmo. About NetEase NetEase, Inc. (NASDAQ: NTES) is a leading internet technology company in China. Dedicated to providing online services centered around content, community, communication and commerce, NetEase develops and operates some of China’s most popular PC-client and mobile games, advertising services, e-mail services and e-commerce platforms. In partnership with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers, NetEase also operates some of the most popular international online games in China. For more information, please visit: http://ir.netease.com/. Contacts NetEase Games Kris Sharbaugh [email protected] Source: NetEase, Inc. SYDNEY, Australia and MINNEAPOLIS, July 20 (Bernama-GLOBE NEWSWIRE) -- Medibio Limited (MEB or the Company) (ASX:MEB) (OTCQB:MDBIF), a digital health company that has developed an objective testing system to assist in the screening, diagnosis and treatment effectiveness of depression, chronic stress and other mental health disorders, is pleased to announce the appointment of Dr Adam Darkins, MB, ChB., MPHM, M.D., FRCS to the Board of Directors as Deputy Chairman. Dr Darkins has unique experience in taking national and trans-national virtual care delivery systems to scale.
Medibio Board member and fellow physician, Dr Frank Prendergast, M.D. said, “Adam is a wonderful addition to the Medibio Board. He complements our team, drawing on a wealth of experience gained from the practice of medicine, health care management, and having built one of the world’s largest, telehealth programs. His proven track-record in tackling one of the current greatest healthcare challenges – how to introduce transformational new technologies that demonstrably increase access to care and reduce its cost – is what makes him so unique. His creativity and rigour, in design, and continuing development, of innovative care systems will help guide Medibio to meet anticipated milestones in our growth trajectory as we transition from clinical validation to regulatory approval, and then commence broader implementations. Adam will help us to lay the strategic foundations for large-scale operations in the pre-eminent health care systems of the future.” Dr Darkins developed an extensive understanding of patient care, clinical processes, and outcomes measurement from his physician training at Manchester University Medical School, UK, and further training/accreditation as a neurosurgeon and researcher at UCLA. Studying public health medicine at the London School of Hygiene and Tropical Medicine, and pioneering shared patient decision-making programs at the King’s Fund, London, grounded him in leading transformative change with a particular talent for safely and effectively taking long-established hospital-based practice into primary care, community care and non-traditional settings. Thereafter, already renowned for his ability to utilise new information and telecommunication technologies to empower patients, increase access to care and reduce cost, he gained widespread US and international recognition for his leadership of telehealth programs at the US Department of Veterans Affairs (VA). At VA he developed health informatics, telehealth and disease management technologies to enhance and extend care and case management. Together with his team, Dr Darkins created a capacity that delivered virtual services to more than 480,000 Veteran patients each year via 1.4 million episodes of care. On any given day, 83,000 Veteran patients were using home-telehealth technologies to live independently at home and avoid institutional care. mrem.bernama.com/viewsm.php?idm=29620 TAIPEI, Taiwan, July 19 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) today announces the worldwide release of the EPV-500 series, the world’s first four-in-one photovoltaic (PV) module safety analyzer. The EPV-500 offers a complete one-step automatic testing solution to perform DC withstand, DC ground bond, insulation resistance, and potential induced degradation(PID) together in a single unit, delivering superior efficiency, performance, and reliability for testing PV panels in both laboratories and manufacturing environments.
“With growing demand on greener energy, PV manufactures are always looking for one machine that can perform multiple testing functions on solar panels, and now EEC introduces the world’s first four-in-one PV safety analyzer to optimize operational efficiencies,” said EEC General Manager Brian Chen. “We strive to give our customers the best solarized solutions as well as outstanding features that meet all the latest PV standards and regulations.” Performance, Safety and Expandability Keeping pace with the current market trend in solar panel system voltage arrays that deliver up to 1,500 Vdc, the EPV-500 series can perform Hipot tests outputting at 8,000 Vdc to meet the required safety regulations for large voltage arrays. Designed with maximum negative 2,000 Vdc output voltage meeting the PID testing regulation, and further ensures user’s safety when only leaving the power terminal electrically charged. The EPV-500 series provides multiple connection interfaces for expandability and compatibility with existing systems, including PLC, USB, RS-232, GPIB, and Ethernet, allowing remote management of operations via a central computer. mrem.bernama.com/viewsm.php?idm=29609 PARIS, July 18 (Bernama-GLOBE NEWSWIRE) -- BNP Paribas today announced a settlement with the Board of Governors of the Federal Reserve System (“FRB”) relating to past misconduct in its foreign exchange business.
Under this settlement with the FRB, BNP Paribas will pay a fine of USD 246 million (approximately 215 million euros) which will be covered by existing provisions. This follows the announcement by BNP Paribas of a settlement with the New York State Department of Financial Services on the 24th May relating to the same issue. In reaching this settlement, the FRB acknowledged the Group wide remediation initiatives and the full cooperation of BNP Paribas in the investigation. The conduct which led to this settlement occurred during the period from 2007 to 2013. Since this time, BNP Paribas has proactively implemented extensive measures to strengthen its systems of control and compliance. The Group has increased resources and staff dedicated to these functions, conducted extensive staff training and launched a new Code of Conduct which applies to all staff. BNP Paribas deeply regrets the past misconduct which was a clear breach of the high standards on which the Group operates. Conducting its business in a responsible and ethical manner is a cornerstone of BNP Paribas’ values and the Group will continue to make improvements to ensure that it delivers on its responsibilities to all its stakeholders. About BNP Paribas BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. mrem.bernama.com/viewsm.php?idm=29600 TOKYO, July 10 (Bernama) -- The adoption of the Treaty on the Prohibition of Nuclear Weapons at UN Headquarters in New York on July 7 is being lauded as a historic step for humankind by the Soka Gakkai International (SGI) Buddhist association. The treaty, which lays out detailed provisions stipulating a comprehensive ban on the development, production, possession, stockpiling, testing, use or threat of use of nuclear weapons, is the result of intensive negotiations at the UN involving over 120 governments and many civil society representatives. Kimiaki Kawai, SGI Director of Peace and Human Rights, was in New York to take part in the final session of negotiations, where he stated that the continued existence of nuclear weapons threatens human dignity. He comments, "The adoption of this treaty feels like a momentous step forward. Even if the nuclear-weapon states and most nuclear-weapon dependent states have not participated, the moral norm has been declared very clearly, with the united will of the world's people behind it. Nuclear weapons in any hands are wrong." mrem.bernama.com/viewsm.php?idm=29544 The SGI has issued an official statement in the name of Hirotsugu Terasaki, Director General of Peace and Global Issues, welcoming the adoption of the treaty. It reads: "The existence of nuclear weapons is the greatest threat to the right to life of both the individual and humankind as a whole. For this reason, their total elimination is a desire shared by all people." See: http://www.sgi.org/resources/ngo-resources/peace-disarmament/ptnw-statement-july-2017.html THE BLUEPRINT OF A WINNER: SAP CEO BILL MCDERMOTT TO SPEAK AT CALLIDUSCLOUD'S C3 CONFERENCE19/7/2017 DUBLIN, Calif., July 19 (Bernama-GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning, and customer experience solutions, announced today that SAP CEO Bill McDermott will deliver the keynote address at C3 2017. As the chief executive of the world’s preeminent business software company, Bill McDermott is a testament to winning and the relentless pursuit of true achievement. With the spirit of a go-getter and the swagger of a champion, Bill will share with the audience his gutsy approach to attaining success and giving greater purpose to work.
“Bill McDermott is precisely the right kind of speaker to inspire and inform our guests at C3,” said CallidusCloud CEO Leslie Stretch. “From his humble start to his current success, Bill has shown that hard work, thoughtfulness, attention to details, and leadership make all the difference. Combining those traits with powerful technology places you in a position to emerge as a winner, no matter the industry you’re in.” McDermott detailed his story in the 2014 book Winners Dream, which traces his rise from teenage delicatessen owner to SAP’s CEO. McDermott’s first post-college job was as a salesman for Xerox; over 17 years, he rose through the ranks to become the company’s youngest-ever corporate officer. He then served as executive vice president of worldwide sales and operations at Siebel Systems and as president of Gartner, Inc., where he led the company’s core operations. McDermott joined SAP in 2002 and in 2010 was named co-CEO. In May 2014, he became SAP’s sole, and first non-European, CEO. As the world’s leading provider of business software, SAP applications and services enable more than 350,000 business and public-sector customers to operate profitably, adapt continuously, and grow sustainably. McDermott is the latest addition to the roster of speakers planned for C3 2017, scheduled for September 18–20, 2017, at the Wynn in Las Vegas. The event will feature more than 80 sessions from a lineup of internationally known thought leaders, business-technology experts, and some of the world’s largest and most successful businesses. This year’s C3 is expected to draw 2000 sales, marketing, learning, and customer experience leaders from around the world. To learn more about C3 2017, visit the webpage at www.calliduscloudconnections.com. About CallidusCloud Callidus Software Inc. (NASDAQ:CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing, learning, and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money processes with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, speed up contract negotiations, and streamline sales compensation—driving bigger deals, faster. Over 5,400 leading organizations, across all industries, rely on the CallidusCloud Lead to Money suite to close more deals and make more money faster. ©2017 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Clicktools, SURVE, syncfrog, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs, and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc. Press Contact: Venus Picart CallidusCloud (925) 251-2200 [email protected] SOURCE : Callidus Software Reaffirms Commitment to Improve FedEx Express Operating Income by $1.2-$1.5 billion by FY2020
MEMPHIS, Tenn., July 18 (Bernama-BUSINESS WIRE) -- FedEx Corp. (NYSE: FDX) (“FedEx”) today filed its annual report on Form 10-K for fiscal year 2017 with the Securities and Exchange Commission. The filing includes additional information regarding the June 2017 cyber-attack on the worldwide information systems of TNT Express B.V. (“TNT”), the international express transportation, small-package ground delivery and freight transportation company FedEx acquired in May 2016. mrem.bernama.com/viewsm.php?idm=29598 |
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