| finance & economy |
MultiBank Group Expands Across Europe Making It One of the Largest Financial Derivatives Companies Worldwide
November 16, 2018
In December 2017, MultiBank Group announced the launch of its Asset Management business and the establishment of its European headquarter in Frankfurt, Germany. Since then, the Group’s asset management business has taken off, while the performance of the MultiBank Index linked Note, listed on the Frankfurt Stock Exchange, has reached an all time high at EUR 1,357 today. As such, with the expansion in Europe, the Group has now offices in Hong"...
Amazon Web Services to Open Data Centers in Italy
November 16, 2018
Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced it will open an infrastructure region in Italy in early 2020. The AWS Europe (Milan) Region will comprise of three Availability Zones and will be AWS’s sixth region in Europe, joining existing regions in France, Germany, Ireland, the UK, and Sweden (launching in late 2018). Currently, AWS provides 57 Availability Zones across 19 geographic regions globally, with another 12 Availability Zones across four regions coming online between"...
Jiangsu Honggang Petrochemical Co., Ltd. to Utilize INVISTA’s Latest P8 Technology for New PTA Line
November 16, 2018
INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Jiangsu Honggang Petrochemical Co., Ltd. (Honggang) have reached agreement for the licensing of INVISTA’s latest purified terephthalic acid (PTA) process technology. This is the first time that INVISTA and Honggang would be collaborating to build state-of-the-art PTA assets; a further recognition by the PTA industry of the many technology and schedule advantages which INVISTA delivers for its customers. Honggang will utilize INVISTA’s P8 PTA technology at a scale of 2.4 million metric tonnes per year. Since 2012 INVISTA has licensed nearly 21 million tonnes of PTA capacity, representing almost two-thirds of the license capacity awarded during this period. Of this capacity, 70% would be based upon INVISTA’s industry-leading P8 PTA technology, designed to deliver long-term value for......
The Next Industrial Transformation is Here: Rockwell Automation is Helping Businesses Prepare to Succeed at Automation Fair 2018
November 16, 2018
Today, at its annual Automation Fair, Rockwell Automation unveiled its new brand promise: Expanding Human Possibility by combining the imaginations of people with the intelligence of machines. The brand promise supports the company’s emphasis on bringing The Connected Enterprise to life and how, by linking people, machines and data across an entire business, manufacturers become more effective and productive. “The new Rockwell Automation"...
Highlights of China’s No. 1 High-Tech Fair CHTF 2018
November 16, 2018
The 20th China Hi-Tech Fair (CHTF 2018) is being held from November 14-18 at the Shenzhen Convention and Exhibition Center with the theme “New Development Concept for High Quality Growth.” This year’s CHTF consists of exhibitions, forums, professional meetings, supporting activities, talents exchange meetings and overseas fairs, and features advanced manufacturing, next-generation information technology, AI, life sciences, new materials, new energy, as well as integration of real economy and future industries."...
Kenetic Bucks Crypto Market Trend with YTD 77% Returns in Investment Portfolio
November 16, 2018
Kenetic, a blockchain investment and advisory firm based in Hong Kong, has revealed that its proprietary investment portfolio has recorded year-to-date returns of 77 percent as of October 31, 2018, against a backdrop of major losses in the cryptocurrency market. After hitting its record high in December 2017, Bitcoin has fallen over 50 percent in 2018 and the overall crypto market is down around 65%. Kenetic’s proprietary investment portfolio is comprised of its best ideas that have undergone thorough due diligence by its experienced investment team. Its alpha-generating strategies are largely focused on early stage investments, catalyst driven events and macro themes, complemented by prudent risk management and proprietary in-house trading tools. “As active leaders in the global blockchain community, we see where the strongest investment opportunities lie and rising trends that......
PEI-Genesis Approved as Category C Distributor for All Conesys Product Lines
November 16, 2018
PEI-Genesis, the world’s fastest assembler of precision connectors, has been approved as a Category C Distributor for all Conesys product lines. PEI-Genesis will be assembling all government approved Mil-Circular connector product lines manufactured by Conesys at the company’s South Bend, IN facility. “The addition of Conesys Mil-Circular connectors gives global, value-added access to all customers and adds to the breadth of Conesys’ offerings,” said Peter Austin, PEI-Genesis’s Senior Vice President of Manufacturing, Product Management, Marketing, & Training. “The new partnership will give Conesys access to our award-winning service and largest available-to-sell connector inventory.” PEI-Genesis has inventory to assemble Conesys connectors now, and will be able to assemble over 50,000 military connector part numbers from Conesys inventory......
New VAT qualification revealed for Bahrain
November 15, 2018
Business leaders from around the world came together for an event today as a new VAT qualification for Bahrain was revealed. The qualification has been designed by the Association of Accounting Technicians (AAT), a global qualification body for the accounting industry, and will support individuals and businesses in Bahrain to get up to speed with the new Gulf Co-operation Council (GCC) VAT regulations. The"...
A-Nex Launches Initial Coin Offering (ICO) Showcasing Unhackable Cryptocurrency Technology for Internet Security
November 15, 2018
• Cyber Advanced Technology, the technology provider for A-Nex, has developed an innovative crypto-trade platform that plans to take the crypto-industry to a new level of security and profitability.
• A-Nex will be powered by the Operational Technology-Operation Centric Networks (OT-OCNTM), a secure, Next GEN internet technology created by CAT. A-Nex, a cyber coin company, announces its initial coin offering (ICO) today. This"...
Azizi Aliyah Residences- AED 470 Million Project In Final Phase of Construction
November 15, 2018
Azizi Developments, one of the leading private developers in the UAE, has announced a construction update for its upcoming AED 470 million project in Dubai Healthcare City, Azizi Aliyah Residences. Construction is almost complete with the conclusion of the mobilisation and structure phases, while MEP works and finishes are well underway. The internal and external structure painting works are progressing rapidly. Farhad"...
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