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ME NewsWire/Business Wire

NEW YORK - Wednesday, October 15th 2014

Prestige fragrance and sensory lifestyle brand rooted in craftsmanship and personalization will complement and strengthen the Company’s portfolio of brands

The Estée Lauder Companies Inc. (NYSE:EL) announced today that it has signed a definitive agreement to acquire Le Labo (“The Lab”), the high-end fragrance and sensory lifestyle brand with a distinct French heritage and an emphasis on fine craftsmanship and personalization in its products and services. Terms of the deal were not disclosed. The acquisition is expected to close in November 2014.

Founded in 2006 by fragrance industry veterans Fabrice Penot and Eddie Roschi, Le Labo provides a highly selective assortment of exceptional fragrance and sensory lifestyle products in minimalistic retail environments, including the brand’s freestanding stores in New York, London, Paris, Los Angeles, San Francisco, Tokyo ... Read more »

INGELHEIM, Germany - Thursday, October 16th 2014 [ME NewsWire]

• The approval follows Breakthrough Therapy designation granted by the FDA and nintedanib* will be available to patients in the US within 10 days

• Approval based on Phase III data that show nintedanib* reduces annual decline in lung function by approximately 50%

• Nintedanib* is under review by the European Medicines Agency (EMA) and has been granted accelerated assessment

. Oct. 16, 2014 (BUSINESS WIRE) For media outside UK, US and Canada

Boehringer Ingelheim announced today that the US Food and Drug Administration (FDA) has approved OFEV™ (nintedanib*) for the treatment of idiopathic pulmonary fibrosis (IPF), a debilitating and fatal lung disease, which has a median survival of 2-3 years after diagnosis. Until today there were no FDA-approved treatments for IPF. Granted Breakthrough Therapy designation during its review by the FDA, nintedanib* is the first a ... Read more »

Flexjet Places Order for 50 Gulfstream Aircraft

DALLAS - Wednesday, October 15th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Flexjet LLC today announced a relationship with Gulfstream for up to 50 aircraft including the new Gulfstream G500TM, for which Flexjet will be the North American launch customer and sole and exclusive fractional provider offering access to the aircraft. The agreement, announced in a ceremony at Gulfstream’s Savannah, Georgia headquarters, also will include large-aircraft products such as the G450TM and the G650TM.

    The G450 is outfitted for 16 passengers and can travel 4,350 nautical miles/8,056 kilometers with eight passengers.
    The G500’s all-new design optimizes speed, wide-cabin comfort and efficiency. The G500, whose first flight is scheduled for 2015, is slated to be able to fly 5,000 nautical miles/9,260 kilometers and is outfitted for 12 passengers.
    The G65 ... Read more »

SHENZHEN, China - Thursday, October 16th 2014 [ME NewsWire]

(BUSINESS WIRE) ZTE Corporation (“ZTE”) (H share stock code: 0763. HK/A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, ranks second in the global PON (passive optical network) market, according to global consulting firm Ovum, with 4.885 million lines of PON product shipped in Q2 2014, an increase of 35.3 percent over the first quarter of the year, and a market share of 20.9 percent.

ZTE was also ranked first in the global EPON (Ethernet passive optical network) market with overall EPON product shipments of 3.042 million lines and a global EPON market share of 36.3 percent. The results in the second quarter of 2014 are mainly due to strong market expansion in Asia-Pacific, Latin America and Europe.

The Market Share Report 2Q14 FTTx, DSL, and CMTS report from Ovum reports that ZTE’s global PON OLT ... Read more »

Abu Dhabi, United Arab Emirates - Sunday, October 12th 2014 [ME NewsWire]

The Executive Committee of School Transport released the smart systems specifications and requirements for Child Protection System in School Transport. These were developed as part of the school transport project, to implement the standards and legislations of school transportation. The committee members include the Abu Dhabi Police GHQ, Department of Transport and Abu Dhabi Education Council (ADEC). The committee stated that it will discuss the scope of compliance to the standard specifications related to school bus requirements, and the fulfillment of other standards.

Brigadier Eng. Hussein Ahmed Al Harithi, Director of Traffic and Patrols Directorate and Chairman of the Executive Committee of School Transport in Abu Dhabi, said: “The current phase cover 100 school buses in cooperation with Emirates Transport. Over the next phases, the project will cover the rest of school buses across ... Read more »

ABU DHABI, United Arab Emirates - Wednesday, October 15th 2014 [ME NewsWire]
The Directorate General of Residency and Foreigners Affairs in Abu Dhabi launched the “We Care because you are Valuable” initiative. This initiative coincides with the Cabinet’s resolution No. 22 for the year 2014 regarding the organization and development of the services at the MoI’s Naturalization, Residency and Ports Affairs Sector. It is also in line with the Ministerial Decision No. 377 for the year 2014, which amended the applicable regulations on foreigners’ entry and residence, in a bid to streamline the implementation of the new regulations and resolutions, highlight their anticipated benefits and introduce the services provided by the sector.
To ensure the proper implementation of the new scheme, the directorate general formed a number of task forces to help overcome any potential obstacles that customers may face regarding the new decisions. These task fo ... Read more »

REDWOOD CITY, Calif - Tuesday, October 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Moka5, the leading provider of next generation end-user computing solutions, today announced its plans for a new kind of container for the web- and cloud-driven world. Referred to as Project SkyNet, this next-generation lightweight container will enable enterprises to become more device- and platform-independent by securing usage of web- and cloud-based enterprise services on any device and any platform, regardless of ownership model.

“Many enterprises like the idea of moving ... Read more »

SINGAPORE - Wednesday, October 15th 2014 [ME NewsWire]

(BUSINESS WIRE) -- Murex, the leading provider of cross-asset trading, risk management and processing solutions, is pleased to announce that it has been voted again Number One Technology Vendor in Asia Risk Technology Rankings 2014.

This renewed vote of confidence reflects Murex’s ability to deliver top-edge features at every step of the capital markets value chain. This is best measured through the 12 top rankings won, spanning across derivatives pricing and risk analytics, trading front-to-back and enterprise risk management categories through to the back office. Additional number 1 positions in implementation efficiency and after-sales service acknowledge the distinctive value stemming from Murex’s services and reward its commitment to quality.

Guy Otayek, Chief Executive Officer of Murex Asia Pacific highlights how the latest market shifts are changing technology investment patterns: &ldqu ... Read more »

Initiative Will Offer Governments Comprehensive Understanding of International Best Practices and Emerging Regulation Models

DUBAI, United Arab Emirates - Tuesday, October 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The GSMA and the Telecommunications Regulatory Authority (TRA) of the United Arab Emirates (UAE) today announced a ground-breaking partnership to establish a Centre of Excellence for Mobile Telecommunications Policy and Regulation in the Middle East and North Africa. The Centre of Excellence will provide regulators and policymakers from across the region with practical tools and best practices with the goal of creating an environment that encourages competition and investment in telecommunications in the UAE and across the Middle East.

“Mobile is one of the most dynamic sectors in technology and regulatory authorities face a growing skills and knowledge gap as they work to keep pace with new developments in the industry,” said Anne Bouve ... Read more »

Abu Dhabi, United Arab Emirates - Wednesday, October 15th 2014 [ME NewsWire]
The Abu Dhabi Police concluded their awareness campaign that stressed the importance of regular medical check-ups. The one-week campaign coincided with the recently observed World Heart Day.
Colonel Faisal Sultan Al Shuaibi, Director of Strategy and Performance Development at Abu Dhabi Police General Headquarters, explained that the campaign was designed to enhance health awareness among all organizational units affiliated with Abu Dhabi Police. A specialized team from the Medical Services Department conducted necessary medical examinations and tests on as many as 2492 Abu Dhabi Police staff members at their respective departments throughout the week-long campaign.
The campaign was organized by the Environmental, Health and Safety Section at the Strategy and Performance Development Department of Abu Dhabi Police.  It aims to highlight the importance of regular medical check-ups, in pu ... Read more »

CLARENCE, N.Y - Wednesday, October 15th 2014 [ME NewsWire]

(BUSINESS WIRE)-- 22nd Century Group, Inc. (NYSE MKT:XXII) announced today that Joseph Pandolfino, Founder and CEO of 22nd Century Group, together with other members of senior management, will ring The Closing Bell® at the New York Stock Exchange (NYSE) on Thursday October 16, 2014 at 4:00 p.m. EDT. The event will celebrate 22nd Century Group’s initial listing on the NYSE MKT and the recent achievements of other important Company milestones.

22nd Century Group recently announced that it became a signatory of the historic U.S. Master Settlement Agreement (MSA), entered the cannabis space, and completed a $10 million private placement. Additionally, the Company has made great strides in its Asian distribution initiatives.

Now that 22nd Century’s super-premium priced brand, RED SUN®, is an MSA brand, the Company is ramping up production at its factory in North Carolina to commence nat ... Read more »