News Category: Business & Finance

A report from GLOBAL TIMES ONLINE: Jining in East China’s Shandong province has made big strides in the industrial economy over the past decade, officials said at a news conference on Oct 12. By the end of 2021, the city’s industrial added value and assets of industrial companies above designated size reached 174.34 billion yuan … Continued

Toronto-based global cyber insurtech, BOXX Insurance, today announced the acquisition of Templarbit, a cyber threat intelligence platform that makes it simpler for businesses to stay ahead of digital threats. Photo – https://mma.prnewswire.com/media/1940312/BOXX_Insurance_Cyber_insurtech_BOXX_Insurance_acquires_Palo_Alto.jpg Photo – https://mma.prnewswire.com/media/1940685/BOXX_Insurance_Cyber_insurtech_BOXX_Insurance_acquires_Palo_Alto.jpg Logo – https://mma.prnewswire.com/media/1940311/BOXX_Insurance_Cyber_insurtech_BOXX_Insurance_acquires_Palo_Alto.jpg Logo – https://mma.prnewswire.com/media/1940313/BOXX_Insurance_Cyber_insurtech_BOXX_Insurance_acquires_Palo_Alto.jpg With teams in Palo Alto and Los Angeles, Templarbit was founded by Bjoern Zinssmeister … Continued

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, has announced the launch of the Dubai FinTech Summit, a global event that will bring together more than 5,000 experts, thought leaders, policymakers and decision-makers in Dubai … Continued

OpenWay, a leading global developer of digital payment software platforms, today announced that its CEO Pavel Gubin will join the G20 Summit 2022 in Bali, Indonesia, on November 13-16. The G20 Summit will include an official forum for the dialogue between the leaders of the G20 member states and the global business community. Pavel Gubin … Continued

Long time payment security expert to lead Asia-Pacific efforts for the PCI SSC The PCI Security Standards Council, a global standards body for the payment card industry has announced Yew Kuann Cheng as the new Regional Vice President for Asia-Pacific. This role will seek to expand outreach efforts to educate and promote the importance of … Continued

— Werfen enters into an agreement to acquire Immucor, Inc., a privately held, US-based corporation, with a solid global presence in transfusion and transplant in vitro diagnostics — The transaction is expected to close during the first half of 2023 Werfen announced today that it has agreed to acquire Immucor, Inc., from TPG. Immucor is … Continued

HIGHLIGHTS • Revenues +16% reported, +6% yoy organic TDA • Growth leadership in Adecco; relative revenue growth +500 bps qoq in Q3, and +1,300 bps year-to-date • Gross profit +5% organic yoy; Permanent Placement fees +23% yoy • Strong gross margin of 21.0%, supported by mix and pricing • Robust EBITA margin excl. one-offs of … Continued

–Renewed deal will see SVOD service Paramount+ debut on Virgin TV in 2023 and wider distribution of Pluto TV, the leading free, ad-supported TV (FAST) service DOWNLOAD PARAMOUNT LOGO ( https://c212.net/c/link/?t=0&l=en&o=3696745-1&h=166329950&u=https%3A%2F%2Fwe.tl%2Ft-VtRFeO6TZj&a=DOWNLOAD+PARAMOUNT+LOGO ) | DOWNLOAD VIRGIN MEDIA LOGO ( https://c212.net/c/link/?t=0&l=en&o=3696745-1&h=3459850367&u=https%3A%2F%2Fwe.tl%2Ft-tWnhMAY05Q&a=DOWNLOAD+VIRGIN+MEDIA+LOGO ) Paramount and Virgin Media have today announced a new multi-year distribution agreement, extending their existing … Continued

— Arta Finance has raised more than $90M from Sequoia Capital India, Ribbit Capital, Coatue Management and more than 140 angel investors to unlock the financial superpowers of the ultra-wealthy by making family office services available to everyone. Arta Finance ( https://c212.net/c/link/?t=0&l=en&o=3694566-1&h=73671060&u=https%3A%2F%2Fartafinance.com%2F&a=Arta+Finance ), a Digital Family Office, unveiled its platform today, starting with accredited investors … Continued