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“The high demand for oil has absorbed the increase in shale oil production” – Crown Prince Mohammed bin Salman

Riyadh, Saudi Arabia, -Saturday, October 28th 2017 [ AETOS Wire ]

Crown Prince Mohammed bin Salman on Saturday reiterated that the Kingdom of Saudi Arabia is ready to support the extension of an oil production cut agreement led by the Organization of Petroleum Exporting Countries (OPEC) in order to balance global crude oil supply and demand.

“The Kingdom affirms its readiness to extend the production cut agreement, which proved its feasibility by rebalancing supply and demand,” the Crown Prince said in a statement.

Crown Prince Mohammed bin Salman also affirms that “the high demand for oil has absorbed the increase in shale oil production.”

“The journey towards restoring balance to markets, led by the Kingdom, is proving successful despite the challenges,” he added.

The Cro ... Read more »

SANTA CLARA, Calif.-Thursday, October 26th 2017 [ AETOS Wire ]

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(BUSINESS WIRE)--FundCru, Inc., the blockchain-powered fundraising platform that enables caused-based funding via fiat money, cryptocurrency, and eCommerce transactions, today announced that it will launch its ICO on December 5, 2017 at 13:00 UTC.

FundCru also announced its partnership with ATSoft, Inc., a Point of Sales (POS) company that services over 5000 merchants, and plans to integrate FundCru’s blockchain-powered smart contract technology for gift cards, vouchers, and coupons into ATSoft’s existing POS system, making this technology available to all ATSoft merchants.
“FundCru’s blockchain system makes it easy to manage gift cards, vouchers, and coupons at low costs and with high levels of security, auditability, and scalability,” said Andrew Pham, CEO of ATSoft. “Because FundCru’s smart contract API provides interoperability with existi ... Read more »

SAN FRANCISCO -Wednesday, October 25th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--Andersen Global is proud to announce an expanded presence in Canada through a Collaboration Agreement with tax firm W.L. Dueck & Co. LLP. The collaboration further extends Andersen Global’s presence in North America. W.L. Dueck & Co. LLP is led by founding partners Warren Dueck and Steven Flynn with locations in Vancouver, Calgary, Richmond and Edmonton.

“We have already worked on a number of engagements with Warren and his colleagues and they have demonstrated a strong commitment to their clients and to providing best-in-class service,” said Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz. “Our collaboration with W.L. Dueck & Co. LLP substantially builds out a broader geographic platform in Canada and will play a significant role in enhancing our client solutions in the region. I look forward to having them join our team and continuing our expansion ... Read more »

Beirut, Lebanon-Thursday, October 26th 2017 [ AETOS Wire ]

The 15th International Operations and Maintenance Conference, held in Beirut, honoured the Sharjah Research Academy for its role in supporting researchers and research activities around the world.                       

The conference, held under the patronage of the President of the Republic of Lebanon and in cooperation with the Ministry of Public Works and Transport, under the slogan, “Smart Maintenance”.

Dr Amr Abdul Hamid, Director of Sharjah Research Academy, said, “The Academy is very pleased to receive this international recognition for the hard work it has carried out in the realm of scientific research with cooperation from scientists and researchers from all over the world. Under the wise leadership of His Highness Sheikh Dr Sultan bin Mohammed Al Qa ... Read more »

Core vendor success at the heart of global VAST group’s 19%+ revenue growth in H1

PARIS-Thursday, October 26th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-Exclusive Group, the value-added services and technologies (VAST) group, today announced record half-year revenues of 731m€ - up more than 19% on H1 2016. Core vendor revenues continue to grow at above market rates as Exclusive Group increases its share of each vendor’s respective business. The pattern is repeated across international territories worldwide, with profits continuing in line with expectations. The figures do not include revenues from the Q2 acquisition of Fine Tec in the US.

 “While we continue to rapidly accelerate the growth of new, emerging vendors with triple-digit increases, this period has also once again seen strong performance among our most established vendor partners,” said Olivier Breittmayer, CEO of Exclusive Group. “All benefit equally from o ... Read more »

TOKYO -Friday, October 27th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--Toshiba Electronic Devices & Storage Corporation today announced that Toshiba Corporation (Toshiba Corp.) has received the 2017 MIPI Corporate Award, one of the MIPI® Alliance Membership Awards. The award effectively recognizes the work and achievements of the company, Toshiba Corp’s representatives in the alliance, and its European subsidiary, Toshiba Electronics Europe GmbH, and was presented to Toshiba Corp. as the alliance member. Toshiba Corp. is the first Japanese company to receive the award, which was presented at an awards ceremony held during a member’s meeting luncheon at the Leela Palace, Bangalore, India on October 25.

MIPI Alliance is a collaborative global organization that designs and promotes hardware and software interfaces for mobile devices that simplify component integration. The MIPI Alliance Membership Awards Program annually recognizes outstanding contribution ... Read more »

Hires Simon Hill, former Fleetmatics and Masternaut Sales Director to Head LCV Solutions Sales and BD

EINDHOVEN, Netherlands & SINGAPORE-Thursday, October 26th 2017 [ AETOS Wire ]

(BUSINESS WIRE) --Astrata Europe, a leader in advanced location-based IT, has appointed Mr. Simon Hill to provide the commercial leadership for its expansion into the Light Commercial Vehicle (LCV) market. Together with the launch of the new VanLincTM FMS and Delivery Software platform, Mr. Hill joins the Astrata Europe team, bringing years of experience and a highly successful track record in LCV Telematics, having played a significant sales leadership role in the growth of both Verizon owned Fleetmatics (NYSE: VZ) and Masternaut.

Astrata's growth strategy in Europe enters a new phase with the launch of its proprietary LCV solution- VanLincTM. With this launch, Astrata now offers small, medium and large-scale fleet operators a highly cost-effective system to manage and opti ... Read more »