FINANCE & ECONOMY

15 Dec 2017

First Eagle Investment Management to Absorb Costs of External Research

(AETOS Wire)-- First Eagle Investment Management announced today that effective January 3, 2018, it will absorb the costs of all external research purchased by First Eagle investment teams.

Industry"...

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15 Dec 2017

BioVectra and Keryx Biopharmaceuticals Enter Agreement for Ferric Citrate Production Expansion

(AETOS Wire)-- BioVectra Inc., an innovative global contract development and manufacturing organization (CDMO), today announced a long-term supply agreement with Keryx Biopharmaceuticals, Inc., to manufacture Ferric Citrate, the active pharmaceutical"...

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15 Dec 2017

Dole Pineapple Workers Open Community Center Thanks to Fair Trade

(AETOS Wire)-- Dole Food Company and Fair Trade USA jointly announced today the inauguration of two new community centers near Dole’s Muelle and Bosque Farms in Costa Rica, made possible by Fair Trade purchases made at Whole Foods Market stores,"...

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15 Dec 2017

FINEOS Announces Three New Customers in the Cloud

(AETOS Wire)-- FINEOS Corporation, the market leading provider of core systems for Life, Accident and Health (LA&H) insurance, today announced three new customers who have acquired FINEOS as a cloud service. The three new FINEOS customers, based in the US, Sweden and Canada respectively, have licenced FINEOS for their group insurance core processing needs. FINEOS is partnering with Amazon Web Services (AWS), the world’s largest IaaS cloud provider, to deliver the FINEOS Software as a Service (SaaS) offering. FINEOS Insurance Cloud is designed for the specific compliance and security needs of the LA&H industry. With simple subscription......

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15 Dec 2017

GSMA Urges Members of the World Trade Organization to Prioritise and Accelerate Investment in Digital Future

(AETOS Wire)-- On the occasion of the 11th World Trade Organization (WTO) Ministerial Conference, GSMA Director General Mats Granryd called on government leaders to reform their regulatory frameworks in order to encourage a new wave of innovation"...

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15 Dec 2017

Interactive Brokers Now Allowing Short Positions in Bitcoin Futures

(AETOS Wire)-- Interactive Brokers Group, Inc. (NASDAQ GS: IBKR), a global electronic brokerage firm, will now accept orders for short sales of Cboe Futures Exchange (CFE) Bitcoin futures that began trading on the IBKR platform on Sunday, December 10, 2017. Interactive Brokers requires margin of $40,000 per contract for short sales in CFE Bitcoin futures. Margin on long positions of CFE Bitcoin futures is currently $9,000. “The introduction of short sales was necessitated by the large premium of the January futures contract over the price at which Bitcoin trades on the physical venues,” said Interactive Brokers founder, Chairman......

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15 Dec 2017

Pacific Prime Insurance Brokers is Proud to Announce the Launch of Pacific Prime Dubai!

(AETOS Wire)-- After many years of working in Dubai via a partnership in the Emirate, Pacific Prime is proud to announce the opening of our very own office! Now fully licensed as a broker of both local and international health insurance inside of"...

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14 Dec 2017

Egypt towards North Africa's first nuclear power plant

Egypt has made progress towards the construction of a nuclear power plant in Dabaa, the first in Africa after the two South African reactors.

During Russian President Vladimir Putin's visit to Cairo, contracts were signed to make progress on the project, which was launched"...

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14 Dec 2017

Netflix injects $8bn production investments in Egypt

Online streaming service Netflix will participate in the production of Egyptian films, TV dramas and stand-up comedy specials, increasing its investments in the Egyptian market to US$8 billion in 2018, compared to $6 billion in 2017, the US entertainment company said on Tuesday.

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14 Dec 2017

WorldRemit raises $40m to expand globally, in Egypt

WorldRemit, a leading digital money transfer service, has raised $40 million to execute its next phase of global growth, including an expansion in Egypt.

WorldRemit operates a growing share of the $600 billion"...

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