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January 19, 2020

1

Surprisingly good prospects for some East Asian stock markets

According to analysts from Reuters Polls, Bloomberg and Alpho, the U.S.-Iran tensions easing will lead to growing interest of investors in risky assets in upcoming weeks. Such a progress will result in demand for currencies of Asian emerging markets, mainly Indian rupee (INR) and South Korean won (KRW).

ASML Holding NV is major semiconductor chip equipment manufacturer. While Taiwan semiconductor import has been growing last two months, South Korea's"...

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January 18, 2020

2

Africa Oil closes acquisition of production assets, deepwater Nigeria

Africa Oil Corp announces the closing of the acquisition of a 50% ownership interest in Petrobras Oil and Gas B.V. ('POGBV') in Nigeria.

BTG Pactual E&P B.V. will continue to own the remaining 50% of POGBV. The total cash payment by AOI to close the Acquisition, including the Nigerian Government's consent fee, amounts to $519.5 million. This includes a deferred payment of $24.8 million which is due by end of June 2020.

The"...

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January 18, 2020

3

UK aid boosts support for African women entrepreneurs to expand businesses into global markets

The UK is boosting support to female entrepreneurs in Africa, helping them overcome barriers to starting businesses and connecting them to global markets, announces the International Development Secretary Alok Sharma.

Africa has the highest concentration of female entrepreneurs, accounting for almost a third of all businesses on the continent. Despite this, their contributions to the economy remains low. This is because many women face barriers to growing"...

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January 18, 2020

4

Eni wins new license in Namibe basin, offshore Angola

ANPG, State concessionaire for oil & gas rights in Angola, assigned Block 28 to Eni (as Operator with 60%), as a result of the international competitive Bid Round 2019. This result allows Eni to further consolidate its long term presence in the Country.

Eni, with a 60% share, will be the Operator of the license, located in deep water in the unexplored Namibe Basin. The Joint Venture will include Sonangol P&P (20% of share), while the remaining"...

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January 18, 2020

5

AURAK signs an agreement with The University of Texas at Arlington

The American University of Ras Al Khaimah (AURAK) and the University of Texas at Arlington (UTA) have signed an agreement to set up a collaborative education program to maximize opportunities for students.

The deal means that students at AURAK who successfully complete three years of the undergraduate curriculum in Computer Engineering can be accepted at the Computer Science and Engineering Department in the College of Engineering at the University"...

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January 18, 2020

6

Tej Kohli Foundation Moves One Step Closer to the Regeneration of Corneal Tissue to Cure Blindness

The Tej Kohli Foundation has moved one step closer to a non-surgical treatment for corneal blindness as it prepares to enter into a collaboration with researchers in Montreal, Canada and Moorfields Eye Hospital, UK to develop the Foundation’s recently acquired proprietary technology into an injectable biosynthetic ‘glue-filler’.

The biosynthetic solution is a liquid form that sets as a gel at body temperature and which can then be"...

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January 18, 2020

7

The LYCRA Company Marks First Anniversary as New Company

The LYCRA Company, a global leader in developing innovative solutions for the textile, apparel and personal care industries, is marking its first anniversary as a stand-alone subsidiary of the Ruyi Group on January 31.

In 2020, The LYCRA Company is operating at full strength across all facets of the organization and sharpening its focus to create value through strategic investments in science and technology as innovation is a key enabler to the company’s"...

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January 17, 2020

8

Philip Morris International Recognized for Business Excellence in 4th Annual One Planet Awards

Philip Morris International Inc. (PMI) (NYSE: PM) has been recognized among this year’s most awarded winners in the One Planet Awards program, an initiative acknowledging business and professional excellence in industries around the world. The company earned four awards for its achievements in delivering a smoke-free future from the more than 50 judges, who represent a wide spectrum of global industry experts. PMI received Gold awards in the Achievement of the Year in Diversity and Milestone of the Year categories in recognition of becoming the first multinational company to achieve global EQUAL-SALARY certification; PMI’s president of South & Southeast Asia, Stacey Kennedy, was awarded Gold in the Woman of the Year in Business & the Professions category; and the company earned a Grand Trophy for being among this year’s most-awarded winners. “We are passionate......

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January 17, 2020

9

Brazilian Manufacturers Transform IT Roadmaps by Switching to Rimini Street Support for their SAP Applications

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced Metalurgica Fallgatter and Continental Parafusos, two industrial manufacturers in Brazil, have transformed their IT roadmaps since switching to Rimini Street’s premium support model for their SAP applications. Both companies leveraged the savings – realized by switching from vendor support to Rimini Street support – to fund their business transformations. The decision to move to third-party support was spearheaded by the companies’ respective Chief Financial Officers (CFOs) and resulted in improvement in productivity and business operations. Digital Innovation on the Agenda of the Modern CFO Today’s CFOs are taking powerful and innovative approaches......

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January 17, 2020

10

Mundipharma Enters Partnership With Samsung Bioepis to Expand Biosimilars Into Hong Kong and Taiwan

Mundipharma today announced a partnership with Samsung Bioepis to commercialize Samsung Bioepis’ first-wave biosimilar candidates in Taiwan and Hong Kong.

The partnership covers Samsung Bioepis’ biosimilar candidates in the field of immunology and oncology, including SB5 (adalimumab), SB4 (etanercept), SB3 (trastuzumab), and SB8 (bevacizumab).

Through the partnership,"...

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