Most Popular
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Yoon's approval rating plunges to all-time low
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S. Korea votes in favor of Palestinian bid for UN membership
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Chinese man behind drug scam targeting teens nabbed in Cambodia
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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Chubb to Acquire Cigna's $3 Billion Premium Revenue Personal Accident, Supplemental Health and Life Insurance Business in Seven Asia-Pacific Markets for $5.75 Billion
- Acquisition further balances Asia's share of Chubb's global portfolio – from approximately $4 billion to $7 billion in net premiums written, or approximately 20% of the company (excluding China) - Global A&H premiums grow from $3.7 billion to $6.1 billion - Asia life company premiums increase from approximately $1 billion to $4 billion - Immediately accretive to core operating income per share and ROE for full-year 2023 by 6% and approximately 55 bps, respectively
Oct. 8, 2021
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Huaxing Growth Capital completed its first close for Its latest USD Fund IV within four months
BEIJING, Oct. 8, 2021 /PRNewswire/ -- China Renaissance's Huaxing Growth Capital has successfully completed the first close of its USD Fund IV in record time, receiving near $550 million limited partnership commitment. The fundraising, towards an expected total fund size of ca. 1,200 million, attracted commitments from reputable investors across Europe, Singapore, Japan, mainland China/Hong Kong and the United States. About one third of the first closing amount was contributed by new investors,
Oct. 8, 2021
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Cigna Reaches Agreement With Chubb To Divest Its Life, Accident And Supplemental Benefits Businesses In Seven Countries
Agreement will sharpen Cigna's focus on the growth path for its rapidly expanding global health portfolio BLOOMFIELD, Conn., Oct. 8, 2021 /PRNewswire/ -- Cigna Corporation (NYSE:CI), a global health service company, today announced a definitive agreement with Chubb (NYSE: CB) to sell its life, accident and supplemental benefits businesses in seven countries for $5.75 billion dollars. The transaction is expected to be completed in 2022, subject to applicable regulatory approvals and customary
Oct. 8, 2021
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PIF, PCP Capital Partners and RB Sports & Media acquire Newcastle United Football Club
NEWCASTLE, England and RIYADH, Saudi Arabia, Oct. 8, 2021 /PRNewswire/ -- An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media (the "Investment Group"), has completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited ("Newcastle United" or the "Club") from St. James Holdings Limited. All requisite approvals have been obtained from th
Oct. 8, 2021
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Istanbul Financial Center to support Turkey's ambition to become a top 10 global economy
Financial hub unites Turkey's financial services industry and international investors in the heart of Istanbul, with ambitions to become one of the largest financial centers in the world Sponsors of this weekend's Formula 1 Turkish Grand Prix as part of global marketing strategy ISTANBUL, Oct. 8, 2021 /PRNewswire/ -- Research commissioned by Türkiye Wealth Fund forecasts that the annual value of Turkey's financial services exports is to increase from US$2 billion to US$16 billion b
Oct. 8, 2021
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1.26 billion people at highest risk of conflict and displacement caused by environmental damage
LONDON, Oct. 8, 2021 /PRNewswire/ -- Today marks the launch of the second Ecological Threat Report (ETR) from the international think tank, the Institute of Economics and Peace (IEP). Key results Eleven of 15 countries with the worst environmental threat scores are currently classified as being in conflict. Another four are classified as at high risk of substantial falls in peace, highlighting the relationship between resource degradation and conflict. Half of the world's pop
Oct. 8, 2021
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Breakthrough for medtech pioneer: Syntellix receives product approval for India, opening up fast-growing market with 1.38 billion people
Syntellix CEO Claassen: "Greatest and most important success in the company's history" - Indian CDSCO grants approvals for five MAGNEZIX® product families - The Era of Magnesium for orthopaedics and traumatology now also begins in India - Subcontinent will be the world's most populous growth market - Patient potential already more than three times as large as the entire EU - Almost 17 times larger patient potential than in the home market German
Oct. 7, 2021
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OneD Battery Sciences Launches SINANODE Pilot Manufacturing Plants & Breaks Through Silicon EV Battery Cost Barrier
New plants enable simplest, most scalable, and cost-effective silicon solution for EV anode manufacturing PALO ALTO, Calif., Oct. 7, 2021 /PRNewswire/ -- OneD Battery Sciences, leaders in electric vehicle (EV) battery technology, today announced it has begun construction of its first pilot plants in Moses Lake, WA. The plants will enable each EV maker to customize and optimize silicon-graphite anodes for use in their upcoming advanced lithium-ion EV batteries using OneD's patented SINA
Oct. 7, 2021
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1-800 Contacts Announces Acquisiton of Leading Virtual Try-On Technology Company, Ditto
The deal expands 1-800 Contacts' growing B2B offerings and enables new innovation for the global eyewear recommendation and virtual try-on company DRAPER, Uta, Oct. 7, 2021 /PRNewswire/ -- 1-800 Contacts, Inc., the pioneer in the DTC vision space, today announced the acquisition of Ditto Technologies, Inc., a global leader in virtual eyewear try-on technology. The Oakland, California based company works with partners in the vision industry to simplify shopping experiences for con
Oct. 7, 2021
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Cambrex to Invest $30 Million to Expand Manufacturing Center of Excellence at High Point, NC Facility
EAST RUTHERFORD, N.J., Oct. 7, 2021 /PRNewswire/ -- Cambrex today announced that it is expanding its manufacturing center of excellence in High Point, NC. The $30+ million investment is designed to meet the continually growing demand for small molecule development and manufacturing services. The expansion will add new chemistry laboratories, two new clinical manufacturing suites and include a small-scale commercial manufacturing operation with three work centers and 2,000 Litre reactors. T
Oct. 7, 2021
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Deepbrain AI Launches Saas-based AI Studios, Delivering an Innovative, Cost-effective Way to Build AI Human Models for Customers Globally
New solution offers over 30 AI models in various languages, including English, Korean, Chinese and Japanese with additional languages to follow SEOUL, South Korea, Oct. 7, 2021 /PRNewswire/ -- Deepbrain AI, a company specializing in real-time artificial intelligence (AI) and a member of Born2Global Centre, today announced the launch of its AI Studios SaaS solution, an innovative video production tool that produces videos with AI Humans without the need to film in-person or empl
Oct. 7, 2021
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Hyundai Mobis invests $1.1 billion for 2 new hydrogen fuel cell system plants in Korea
Incheon, just west of Seoul and Ulsan plants will begin production in 2nd half 2023 with an annual capacity of 100,000 hydrogen fuel cell system The world's largest fuel cell production capacity will help Hyundai Mobis to diversify business and tap into construction machinery and logistics equipment INCHEON, South Korea, Oct. 7, 2021 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) will build two new fuel cell plants in Korea to accelerate the hydrogen economy and to secure broader global ma
Oct. 7, 2021
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Ascensia Diabetes Care Launches the "This is Diabetes" Competition to Highlight the Need for Access to Diabetes Care in Support of IDF's World Diabetes Day
BASEL, Switzerland, Oct. 7, 2021 /PRNewswire/ -- Today Ascensia Diabetes Care, makers of the CONTOUR® Blood Glucose Monitoring system portfolio and distributors of the Eversense® Continuous Glucose Monitoring system, has launched its "This is Diabetes" art and photography competition as the company's initiative to support World Diabetes Day. The competition is designed to use art and photography to highlight the importance of Access to Diabetes Care, in particular medication,
Oct. 7, 2021
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Transporta addresses Indonesia's logistics industry's digitisation concerns
JAKARTA, Indonesia, Oct. 7, 2021 /PRNewswire/ -- Transporta, an Indonesian tech startup, is pushing ahead with its goal of helping local trucking companies adapt and expand amid a growing global reliance on digital infrastructure. This despite hesitancy from the Indonesia logistics industry in investing in this area. Transporta is a digital platform designed for truck entrepreneurs to increase profits and business efficiency. Transporta is a digital platform designe
Oct. 7, 2021
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Fruit So Close To Nature, Nature Wants It Back
Dole's latest campaign launches 'Zero Added Sugar' Fruit Bowls® in Asia SINGAPORE, Oct. 7, 2021 /PRNewswire/ -- The Food & Beverage Group of Dole Sunshine Company (Dole) launches new Fruit Bowls®, a convenient healthy snack with Zero added sugar, with a new integrated campaign rolled out in different parts of Asia. As a snack, Fruit Bowls is so close to natural fruit that nature will want it back. The campaign depicts unsuspecting Fruit Bowl eaters as wildlife – a pa
Oct. 7, 2021
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TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy - Payments
THE HAGUE, Netherlands, Oct. 7, 2021 /PRNewswire/ -- In a strategic move to strengthen the Payment Solutions business, TerraPay, a global payments infrastructure company today announced the appointment of Mr. Deepak Bhutra as the President of Business Development and Strategy-Payments. Deepak brings in over two decades of rich frontline industry experience across various organizations, helping them build their businesses and become future-proof by developing innovative business strategies
Oct. 7, 2021
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LG SIGNATURE to Diversify Partnership with Italian Luxury Furniture Brand Molteni&C
A Co-Marketing Campaign Designed to Give More Customers a Taste of Luxury Living SEOUL, South Korea, Oct. 7, 2021 /PRNewswire/ -- LG Electronics (LG) is expanding its partnership with Italian premium lifestyle and furniture brand Molteni&C S.P.A to let more consumers experience the premium lifestyle of LG SIGNATURE. Since this 3-year partnership commenced (October 2020), LG SIGNATURE has displayed its luxurious OLED TVs at the renowned Molteni Quality
Oct. 7, 2021
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The Glen Grant® hosts exclusive Launch Event In Partnership with Rolls Royce to Celebrate Dennis Malcolm Anniversary Edition Aged 60 Years
Campari Group CEO Bob Kunze-Concewitz leads the way for exclusive preview of the coveted release at the Rolls Royce showroom in Mayfair, honouring acclaimed Master Distiller Dennis Malcolm LONDON, Oct. 7, 2021 /PRNewswire/ -- This evening, The Glen Grant, the award-winning single malt scotch from Speyside, hosted an exclusive event at the new Rolls Royce showroom in Mayfair to celebrate the launch of a refined, limited-edition 60 year-old single malt scotch whisky. Robin Coup
Oct. 7, 2021
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22 S/S Seoul Fashion Week returns in style
600 years of Seoul's cultural heritage and K-fashion Collaboration on the digital runway. SEOUL, South Korea, Oct. 7, 2021 /PRNewswire/ -- The 2022 S/S Seoul Fashion Week, which will showcase new possibilities for digital fashion shows, will reach domestic and foreign audiences online from October 7 (Thursday) to October 15 (Friday). BRAND: DOUCAN, DESIGNER: CHOI CHUNG HOON, PLACE: DEOKSUGUNG PALACE JUNGHWAJEON Through 37 digital fashion films, Seoul Fashion Week will draw atten
Oct. 7, 2021
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Debiopharm and Dexa Medica Launch Triptorelin Collaboration to Bring New Hope to Women With Endometriosis
LAUSANNE, Switzerland and TANGERANG, Indonesia, Oct. 7, 2021 /PRNewswire/ -- Debiopharm (www.debiopharm.com), a Swiss-based, global biopharmaceutical company, and Dexa Medica, a leading Indonesian pharmaceutical company, today announced the Indonesian launch of triptorelin for the treatment of women with gynecological disorders, particularly endometriosis. Triptorelin, marketed under the brand name Pamorelin® is one of the most common gonadotropin-releasing hormone agonists (GnRH-a) used wor
Oct. 7, 2021