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New commitment aims to help young people achieve their full potential and close the youth unemployment gap

DAVOS-KLOSTERS, Switzerland - Wednesday, January 22nd 2014 [ME NewsWire]

(BUSINESS WIRE)-- Today at the 2014 World Economic Forum’s Annual Meeting, Hilton Worldwide announced a global commitment that aims to impact at least one million young people by 2019 by helping them to reach their full potential. This new initiative will open doors for young people in three ways:

    Connecting them to the world of travel by enabling them to experience new cultures, contributing to the improvement of the sustainability of the industry and shaping their future with opportunities in Hilton Worldwide’s expansive supply chain;
    Preparing them for success in the world of work, travel and beyond by supporting their basic needs and developing their life and professional skills with mentorships, apprenticeships and Hilton Worldwide’s innovativ ... Read more »

ME Newswire / Business Wire

DAVOS, Switzerland - Wednesday, January 22nd 2014

World Economic Forum 2014

Today Oliver Wyman, the leading international management consulting firm, launches its 17th annual State of the Financial Services industry report at the World Economic Forum’s (WEF) annual meeting in Davos. This year’s report focuses squarely on the growth challenge for the industry and identifies several "blind spots” that could impede the industry’s recovery and growth.

The report examines the factors that drove healthy growth in financial services before the crisis and argues that few of them will drive similar growth in the future. Both credit expansion and greater uptake of financial products will continue, but will be bounded by leverage limits and conduct rules. They will be skewed across regions and only emerging markets will experience high growth. Aging in the developed world also poses challenges for the industry. Globalization is in reverse an ... Read more »

OCZ Storage Solutions - a Toshiba Group Company - Will Serve the Solid-State Storage Industry with Both Client and Enterprise SSD Solutions and Software

TOKYO - Wednesday, January 22nd 2014 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502), a global technology leader and manufacturer of NAND flash memory, today announced that the Company has finalized the purchase of substantially all assets of OCZ Technology Group, making it a wholly owned subsidiary and Toshiba Group Company. Effective immediately, the Group company will operate independently as OCZ Storage Solutions, a leading provider of high-performance solid state drives (SSDs) for computing devices and systems.

The acquisition provides Toshiba with OCZ’s enterprise and client SSD businesses and enables the established OCZ brand to continue in full force with a current product portfolio that includes SATA and PCIe consumer drives for high-performance and mainstream applications, and SATA, SAS a ... Read more »

PARIS - Wednesday, January 22nd 2014 [ME NewsWire]

WIN 2014 Symposium

 (BUSINESS WIRE)-- The WIN Consortium (www.winconsortium.org) today proudly announces that Scott P. Serota, President and CEO of the Blue Cross and Blue Shield Association (BCBSA), will deliver the opening address of the WIN 2014 Symposium. The WIN 2014 Symposium (www.winsymposium.org), to be held June 23-24 in Paris, is the first event worldwide entirely dedicated to innovation in combined therapeutic approaches in cancer care.

WIN Symposia are an initiative of the WIN Consortium, a non-profit global collaboration of academic, industry, health plan, and advocacy organizations dedicated to bringing the most promising advances in personalized cancer medicine to patients worldwide. BCBSA joined the WIN Consortium as a member in 2013.

"We are delighted that Scott Serota will open the WIN 2014 Symposium,” said Dr. Vladimir Lazar, Chief Operating Officer of the WIN Consortium. "Mr. Serota ... Read more »

ME Newswire / Businesswire

AMSTERDAM - Wednesday, January 22nd 2014

Regulatory News:

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has supplied its UpTeq Multi-tenant SIM embedded software and product to Kyivstar, the leading Ukranian mobile operator, supporting the country’s first ever contactless payment via a mobile phone. Working in conjunction with Kyivstar, Alfa Bank’s pilot paves the way for a full commercial launch of NFC mobile payments across Ukraine. Kyivstar is the Ukrainian business unit of VimpelCom Ltd, with a total customer base of over 25 million subscribers.

This first introduction of mobile payments in the country will put new standards of convenience within reach of millions of Kyivstar subscribers. Gemalto’s proven UpTeq Multi-tenant SIMwill enable payment for a host of goods and services with nothing more than the tap of a smartphone. The UpTeq SIM design incorporates a unique multi-tenant architecture that ... Read more »

Schlumberger Limited

HOUSTON - Tuesday, January 21st 2014 [ME NewsWire]

Full-Year Results

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) today reported full-year 2013 revenue from continuing operations of $45.27 billion versus $41.73 billion in 2012.

Full-year 2013 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $6.33 billion, representing diluted earnings-per-share of $4.75 versus $4.01 in 2012.

Fourth-Quarter Results

Fourth-quarter 2013 revenue was $11.91 billion versus $11.61 billion in the third quarter of 2013, and $11.08 billion in the fourth quarter of 2012.

Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.79 billion—an increase of 4% sequentially and an increase of 28% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $1.35 versus $1.29 in the previous quarter, and $1.04 ... Read more »

Chris Good promoted to President, United Kingdom and Ireland Sandra Main promoted to Global Brand President, La Mer

NEW YORK - Tuesday, January 21st 2014 [ME NewsWire]

 (BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE:EL) announced today that Chris Good has been promoted to President, United Kingdom and Ireland, and Sandra Main has been promoted to Global Brand President, La Mer. Their new roles became effective on January 1, 2014.

Since 2012, Mr. Good has held the position of Managing Director, United Kingdom (U.K.) and Ireland, where he was responsible for overseeing the Company’s business in its largest market outside the United States. Mr. Good has been with the Company for more than 20 years, holding various senior level positions globally, including General Manager of Russia and Senior Vice President, Central and Eastern Europe, Middle East, India and Africa. In his new role, Mr. Good will continue to report to Cedric Prouvé, Group ... Read more »

TOKYO - Tuesday, January 21st 2014 [ME NewsWire]

(BUSINESS WIRE)-- Nikkei Business Publications (President & CEO: Kohei Osada; Tokyo) reports on up-to-the minute news on the megawatt-scale solar power generation business growing across the globe, in its specialized website "Solar Power Plant Business” in English, Chinese and Japanese. The website is dedicated for dispatching latest industry trends, management know-how, troubleshooting tips, and other stories on megawatt-scale solar power generation projects in Japan and the world.

The website delivers latest trends on photovoltaic equipment including solar panels, PV Inverter and mounting apparatus, as well as exclusive reports on visit to megawatt-scale solar power plants across Japan, and more.

To view the stories, please visit: English: http://techon.nikkeibp.co.jp/solar-power-plant/ Chinese: http://china.nikkeibp.com.cn/china/mega-solar/top.html Japanese: http://techon.nikkeibp.co.jp/mega-solar/

Sinc ... Read more »

Combined Company to Be Known as Xaxis; Brian Lesser to Serve as Global CEO, David J. Moore to Serve as Chairman

NEW YORK - Tuesday, January 21st 2014 [ME NewsWire]

(BUSINESS WIRE)--Xaxis, the world's largest programmatic media and technology platform, announced today the finalization of its merger with 24/7 Media. The combined company will continue under the Xaxis name and will be led by existing Xaxis global CEO Brian Lesser. David J. Moore, the founder, CEO and chairman of 24/7 Media will serve as Xaxis chairman.

Mark Grether will remain as Xaxis global chief operating officer and Christina Van Tassell will become chief financial officer. Nicolle Pangis will become the company’s chief revenue officer and Paul Dolan will continue in his role as senior vice president, global business development. Caspar Schlickum has been elevated from his position of managing director, EMEA for Xaxis to CEO, EMEA. Xaxis regional managing directors Michel de Rijk (APAC), Brian Glea ... Read more »

Thuraya provides an end-to-end solution based on Thuraya IP, Thuraya Integrated Communications Solution and NettedComms for critical operations

DUBAI, United Arab Emirates - Tuesday, January 21st 2014 [ME NewsWire]

Solutions from Thuraya Telecommunications Company, a leading Mobile Satellite Services (MSS) operator, have been selected by Badan SAR Nasional which is the National Search and Rescue Agency for the Republic of Indonesia to improve its search and rescue efforts in the country.

The government agency will be installing a combination of Thuraya IP terminals, the Thuraya Integrated Communications Solution from Ultra Electronics - AEP and Thuraya NettedComms from Speakerbus to integrate its headquarters’ capabilities with all branch offices, ships, portable units and land mobile units. This will enhance voice and data services as well as video surveillance and interoperability on crucial operations at sea. The Agency is comprised of the National Search and R ... Read more »