Reported by RIA Nov. 1 hour ago.
Over 53,000 Migrants Crossed Mediterranean Into Europe in 2017 - IOM
↧
↧
OSCE calls on Albanian opposition to hold peaceful demo
The Organization for Security and Cooperation in Europe has called on the Albanian opposition to refrain from violence in an anti-government protest.
Reported by FOXNews.com 1 hour ago.
↧
VALLOUREC : Shareholders' Meeting, 12 May 2017
* *
*Vallourec Shareholders' Meeting, 12 May 2017*
· Adoption of all resolutions
· Appointment of Mr.Yuki Iriyama as new member of the Supervisory Board
· Amendment of bylaws to enable the Group Works Council to appoint an employee representative on the Supervisory Board
*Boulogne-Billancourt (France), 12 May 2017* - Vallourec, world leader in premium tubular solutions, has announced that the combined annual Shareholders' Meeting held today, chaired by Ms. Vivienne Cox with a quorum of 62.90% adopted all the resolutions put to the vote.
The Shareholders' Meeting approved the appointment of Mr. Yuki Iriyama as member of the Supervisory Board for a period of four years ending after the Ordinary General Meeting of Shareholders called to approve the accounts of the financial year ending 31 December 2020.
The Supervisory Board consists of 12 members, of whom 5 are women. The proportion of independent members amounts to 83%.
The Shareholders' Meeting adopted the proposed bylaws amendment in relation to the composition of the Supervisory Board and enabling the Group Works Council to appoint an employee representative on the Supervisory Board. The latter will be appointed within six months of the Shareholders' Meeting held on 12 May 2017.
The Shareholders' Meeting also approved the two resolutions relating to the compensation of the Management Board in 2016 (« Say on Pay ») as well as the resolutions relating to the principles and criteria for determining, distributing and allocating the fixed, variable and exceptional items comprising the total compensation, and benefits of any kind attributable to the Chairman of the Management Board, the members of the Management Board, the Chairman of the Supervisory Board and the members of the Supervisory Board due to their offices, and constituting the compensation policy for them in fiscal year 2017.
Finally, the Shareholders' Meeting approved the financial statements of 2016 and decided not to pay a dividend in respect of the 2016 results.
* The webcast of the Shareholders' Meeting held on 12 May 2017 and the results of voting on all resolutions submitted to shareholders will be available on Vallourec's website in the coming days: * www.vallourec.com
* Mr. Yuki Iriyama *
A Japan national born on 19 November 1947, Mr Yuki Iriyama graduated from the University of Tokyo (Faculty of Law, 1970) and College of Europe at Bruges in Belgium (Advanced European Study in Law, 1977). He began his career in 1970 in the legal department of Nippon Steel Corporation (currently Nippon Steel & Sumitomo Metal Corporation - NSSMC) and assumed different operational and managerial positions in Japan and internationally for NSSMC until 2009. He managed the Electronics & Information Business Division from 1990 to 1993 and then became General Manager of Overseas Business Development Division. He was appointed Director, Member of the Board in 2002 and Managing Executive Officer in 2006. Then, he assisted NSSMC as Executive Advisor until 2014. Mr Yuki Iriyama is admitted in Japan as an attorney-at-law and is currently Of Counsel of Kajitani Law Offices in Tokyo.*About Vallourec*
Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting edge R&D open new technological frontiers. With close to 19,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible.
Listed on Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and eligible for the Deferred Settlement System (SRD), Vallourec is included in the following indices: SBF 120 and Next 150.
In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R2094, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1.
*www.vallourec.com*
*Follow us on Twitter @Vallourec*
*Calendar*
*26 July 2017* Release of second quarter and first half 2017 results
*For further information, please contact:*
*Investor relations*
Etienne Bertrand
Tel: +33 (0)1 49 09 35 58
etienne.bertrand@vallourec.com *Press relations*
Héloïse Rothenbühler
Tel: +33 (0)1 41 03 77 50 / +33 (0)6 45 45 19 67
heloise.rothenbuhler@vallourec.com
* *
Guilherme Camara
Tel: +33 (0)1 49 09 39 92
guilherme.camara@vallourec.com
* * * *
*Individual shareholders*
Toll Free Number (from France): 0 800 505 110
actionnaires@vallourec.com
* *
* *
PDF version
--------------------This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: VALLOUREC via GlobeNewswire
HUG#2104418 Reported by GlobeNewswire 1 hour ago.
↧
EU demands talks with United States over possible airline laptop ban
The US Department of Homeland Security said on Tuesday it was close to a decision on extending to Europe an existing ban imposed on eight countries, as the busy summer transatlantic travel season looms.
Reported by DNA 1 hour ago.
↧
Nepal Inks One Belt One Road Initiative with China
Kathmandu (Nepal), May 12 (ANI): Nepal has formally signed an agreement on the One Belt One Road initiative with China.Nepal's Foreign Secretary Shankar Das Bairagi and Chinese Ambassador for Nepal Miss Yu Hong signed the pact in capital Kathmandu.Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara and Minister for Foreign Affairs Prakash Sharan Mahat witnessed the signing ceremony.Foreign Minister Mahat claimed that the initiative will benefit Nepal through various prospects and thanked China for the proposal. OBOR, which the China claims to link Europe and Asia and take the world to a new era of globalization claims to develop infrastructures across Asia, Africa and Europe was propunded by Chinese President Xi Jinping in 2013.However, many countries are opposing One Belt One Road initiative as this will only provide economic benefit to Beijing.
Reported by ANI News 1 hour ago.
Reported by ANI News 1 hour ago.
↧
↧
Germany increases tax income forecast for the coming years
BERLIN (AP) " The German government has increased its forecast for the country's tax income over the next five years as the economy, Europe's biggest, chugs along at a steady pace.The Finance Ministry said Thursday after a twice-yearly...
Reported by New Zealand Herald 44 minutes ago.
↧
PANTALEON Entertainment AG publishes provisional figures for 2016
DGAP-News: PANTALEON Entertainment AG / Key word(s): Preliminary Results
12.05.2017 / 14:54
The issuer is solely responsible for the content of this announcement.
--------------------*PANTALEON Entertainment AG publishes provisional figures for 2016 *
- Income from ordinary activities of EUR 16.3 million
- Further corporate development fully on track
- Global PANTAFLIX roll-out in full swing
Kronberg im Taunus, 12 May 2017 - According to provisional figures, PANTALEON Group (XETRA: PAL, ISIN: DE000A12UPJ7) closed the 2016 financial year on basis of the individual financial statements successfully in line with planning. Despite a significant phase shift amounting to several million euros, revenues and income from ordinary activities amounted to EUR 16.3 million in the 2016 financial year after EUR 20.3 million in the previous year. The phase shift came about because "Hot Dog", which is by far the biggest theatrical feature film project in terms of the revenue volume, was largely filmed in the 2016 financial year, but did not affect revenues until its completion in 2017 and therefore is not reflected in income for 2016. After the end of the reporting period, filming for "Hot Dog" was successfully completed in January 2017 and the film will be brought to cinemas together with Warner Bros. in the first exploitation phase in the current financial year already, as planned.
Earnings before taxes (EBT), which were influenced by high investments in PANTAFLIX, amounted to EUR -1.6 million after EUR -0.5 million in the previous year and were thus exactly in line with the expectations most recently expressed by analysts. PANTAFLIX was launched at the end of the reporting period and is currently successfully completing its global roll-out.
The provisionally determined EBITDA amounts to EUR 9.3 million, representing another increase in comparison to the previous year's EBITDA of EUR 8.8 million.
"In the past financial year, we very successfully laid the foundations for the Group's future growth," explains CEO Dan Maag. "In the past, our earnings were particularly impacted by investments in the development of PANTAFLIX. But these investments in previous years have more than paid off. The global roll-out of PANTAFLIX is now in full swing and is giving us cause for great pleasure."
In the Film Production division, activities in the 2016 financial year included the filming of the series "You are Wanted" together with Warner Bros. The series was released in 200 territories worldwide after the reporting period in spring 2017, becoming the most successful series of all time on Amazon Prime Video in Germany and one of the five most-watched series on Amazon Prime Video in 70 countries on its opening weekend. Shortly after its release Amazon already ordered a second season, which is to be produced in the current financial year.
In the Video-on-Demand division, PANTAFLIX was made ready for the market in the reporting period. The developer team, which is based in Berlin among other locations, has successfully set up infrastructure that enables PANTAFLIX to commercialise petabytes of films from film-makers directly to consumers all around the world. With high-performance transcoding technology for accessing content on various different devices, on smart TVs and at pantaflix.com, as well as world-class digital rights management and an automated accounting system that handles all international cash flows including local taxes and payments automatically, PANTAFLIX has become a major asset for the Group. Alongside several other high-calibre additions to the workforce, the arrival of Stefan Langefeld, who moved to PANTALEON from Apple on 1 May 2017 as an additional Management Board member for operating business, now puts the Group in an excellent position to achieve accelerated growth.
The audited final figures will be published as part of the 2016 annual report in June 2017 in the Investor Relations section of the Company's website at group.pantaleonentertainment.com.
About PANTALEON Entertainment AG:
PANTALEON Entertainment AG is one of the fastest growing media companies in Europe. The group, as a leading producer of feature films with world-class distribution partners such as Warner Bros. and Amazon Prime, developed high growth dynamics from the start. The financial success of the content division paid in for the formation of the disruptive video-on-demand (VoD) game changer pantaflix.com, a 100% daughter of PANTALEON that just recently initiated its global rollout. For more information: www.pantaleonentertainment.com and www.pantaflix.com
Contact:
PANTALEON Entertainment AG
Katharinenstrasse 4
D-61476 Kronberg im Taunus
Tel.:+49 6173 3945095
Fax: +49 6173 3945097
E-Mail: ir@pantaleongroup.com
Contact Investor Relations:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamer Strasse 2
D-82166 Gräfelfing/Munich
Tel.:+49 89 89827227
E-Mail: sh@crossalliance.com
--------------------
12.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------
Language: English
Company: PANTALEON Entertainment AG
Katharinenstr. 4
61476 Kronberg
Germany
Phone: 06173 - 394 50 95
Fax: 06173 - 394 50 97
E-mail: info@pantaleonfilms.com
Internet: www.pantaleonentertainment.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Listed: Regulated Unofficial Market in Berlin, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt
End of News DGAP News Service Reported by EQS Group 44 minutes ago.
12.05.2017 / 14:54
The issuer is solely responsible for the content of this announcement.
--------------------*PANTALEON Entertainment AG publishes provisional figures for 2016 *
- Income from ordinary activities of EUR 16.3 million
- Further corporate development fully on track
- Global PANTAFLIX roll-out in full swing
Kronberg im Taunus, 12 May 2017 - According to provisional figures, PANTALEON Group (XETRA: PAL, ISIN: DE000A12UPJ7) closed the 2016 financial year on basis of the individual financial statements successfully in line with planning. Despite a significant phase shift amounting to several million euros, revenues and income from ordinary activities amounted to EUR 16.3 million in the 2016 financial year after EUR 20.3 million in the previous year. The phase shift came about because "Hot Dog", which is by far the biggest theatrical feature film project in terms of the revenue volume, was largely filmed in the 2016 financial year, but did not affect revenues until its completion in 2017 and therefore is not reflected in income for 2016. After the end of the reporting period, filming for "Hot Dog" was successfully completed in January 2017 and the film will be brought to cinemas together with Warner Bros. in the first exploitation phase in the current financial year already, as planned.
Earnings before taxes (EBT), which were influenced by high investments in PANTAFLIX, amounted to EUR -1.6 million after EUR -0.5 million in the previous year and were thus exactly in line with the expectations most recently expressed by analysts. PANTAFLIX was launched at the end of the reporting period and is currently successfully completing its global roll-out.
The provisionally determined EBITDA amounts to EUR 9.3 million, representing another increase in comparison to the previous year's EBITDA of EUR 8.8 million.
"In the past financial year, we very successfully laid the foundations for the Group's future growth," explains CEO Dan Maag. "In the past, our earnings were particularly impacted by investments in the development of PANTAFLIX. But these investments in previous years have more than paid off. The global roll-out of PANTAFLIX is now in full swing and is giving us cause for great pleasure."
In the Film Production division, activities in the 2016 financial year included the filming of the series "You are Wanted" together with Warner Bros. The series was released in 200 territories worldwide after the reporting period in spring 2017, becoming the most successful series of all time on Amazon Prime Video in Germany and one of the five most-watched series on Amazon Prime Video in 70 countries on its opening weekend. Shortly after its release Amazon already ordered a second season, which is to be produced in the current financial year.
In the Video-on-Demand division, PANTAFLIX was made ready for the market in the reporting period. The developer team, which is based in Berlin among other locations, has successfully set up infrastructure that enables PANTAFLIX to commercialise petabytes of films from film-makers directly to consumers all around the world. With high-performance transcoding technology for accessing content on various different devices, on smart TVs and at pantaflix.com, as well as world-class digital rights management and an automated accounting system that handles all international cash flows including local taxes and payments automatically, PANTAFLIX has become a major asset for the Group. Alongside several other high-calibre additions to the workforce, the arrival of Stefan Langefeld, who moved to PANTALEON from Apple on 1 May 2017 as an additional Management Board member for operating business, now puts the Group in an excellent position to achieve accelerated growth.
The audited final figures will be published as part of the 2016 annual report in June 2017 in the Investor Relations section of the Company's website at group.pantaleonentertainment.com.
About PANTALEON Entertainment AG:
PANTALEON Entertainment AG is one of the fastest growing media companies in Europe. The group, as a leading producer of feature films with world-class distribution partners such as Warner Bros. and Amazon Prime, developed high growth dynamics from the start. The financial success of the content division paid in for the formation of the disruptive video-on-demand (VoD) game changer pantaflix.com, a 100% daughter of PANTALEON that just recently initiated its global rollout. For more information: www.pantaleonentertainment.com and www.pantaflix.com
Contact:
PANTALEON Entertainment AG
Katharinenstrasse 4
D-61476 Kronberg im Taunus
Tel.:+49 6173 3945095
Fax: +49 6173 3945097
E-Mail: ir@pantaleongroup.com
Contact Investor Relations:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamer Strasse 2
D-82166 Gräfelfing/Munich
Tel.:+49 89 89827227
E-Mail: sh@crossalliance.com
--------------------
12.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------
Language: English
Company: PANTALEON Entertainment AG
Katharinenstr. 4
61476 Kronberg
Germany
Phone: 06173 - 394 50 95
Fax: 06173 - 394 50 97
E-mail: info@pantaleonfilms.com
Internet: www.pantaleonentertainment.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Listed: Regulated Unofficial Market in Berlin, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt
End of News DGAP News Service Reported by EQS Group 44 minutes ago.
↧
Honda Supplies Escort Motorcycles For Giro d’Italia
Honda Motor Europe announced it will be there to support the 100th Giro d’Italia as official sponsor and supplier of motorcycles and cars. The Giro d’Italia is one of the most important sporting events in the world, reaching a vast audience, and Honda’s sponsorship will be supported by a substantial TV, press, and internet campaign that will be seen by millions of people. Honda will...
Reported by autoevolution 20 minutes ago.
↧
50% SAP® Users Fail to Leverage Full Credit and A/R Functionality: Anuj Saxena; Solution Expert to Launch Book Series on SAP® Receivables Management
SAP® Expert and author to giveaway complimentary copies of book on SAP® Collections Management and host Q&A during launch at SAPPHIRE NOW | ASUG Annual Conference, Booth 1077
Orlando, FL (PRWEB) May 12, 2017
With over two decades of experience in guiding Fortune 1000 companies to successful SAP® Receivables Management projects, Anuj Saxena believes most credit and A/R process owners are unable to successfully convert their vision to operational reality because of the lack of technical familiarity with existing SAP systems and their capability.
He also mentioned that business leaders invest heavily in enterprise resource planning systems such as SAP and rely on individual process owners to maximize the return on investment by utilizing system functionality to improve process metrics. He believes, it is essential for credit and A/R professionals to clearly define the business requirements in order to successfully deploy receivables management technology.
Anuj announced that he would be distributing complimentary copies of his latest book, “Transforming Receivables Management with Technology: A Practical Guide for Implementing SAP® Collections Management Successfully,” at the SAPPHIRE NOW, the ASUG Annual Conference from May 16 – 18, 2017 at Booth #1077. Attendees could request a complimentary copy here. This is the first in a series of books being published by Receivables 101 – a HighRadius Education Initiative. Future books in the series will include hands-on guides for SAP Credit and SAP Disputes.
The book authored by Anuj and a team of SAP Receivables Management experts details best-practices from more than 200 successful SAP Receivables Management implementations, for business requirement planning, system configuration, change, risk management and future roadmap development. The book includes a step-by-step guide for setting up a collections organization, automating worklist prioritization and correspondence, and defining customer payment behavior-driven collection strategies.
The book also has a chapter focused on assessing the maturity level of a company’s collections management process. Anuj remarks, “Collections process maturity ranges from ‘ad hoc’ – with characteristics of a disorganized and reactive system – to ‘optimized’ – teams which are continuously improving processes and technology. As someone who has closely worked with finance & accounting teams of more than 250 Fortune 1000 organizations over the last two decades, I have noted that the most ‘optimized’ collections management teams have an ‘integrated’ approach to receivables management. Such integrated receivables systems unify customer data, ease collaboration across credit-to-cash functions, eliminate redundant manual tasks – thereby reducing Days Sales Outstanding (DSO), bad-debt write off as well as overall risk exposure.”
As Katharina Reichert, Director, Receivables Management, LoB Finance, SAP SE recommends in the foreword of the book: “If your organization is looking for ways to streamline receivables and convert them into cash to run and grow the business, use automation to establish best-in-class receivables operations, accelerate the credit-to-cash cycle and reduce bad-debt, then this is a must read.” A sneak-peek of the book and the detailed agenda is accessible here.
Anuj Saxena is the Vice President of the SAP Line of Business at HighRadius and an internationally known expert in the field of Credit and Accounts Receivables SAP solutions. Anuj has led many SAP Receivables Management implementations in the United States and Europe, authored several journal articles, and speaks frequently at popular conferences throughout the United States, including SAPPHIRE NOW. At the conference, Anuj will present “How to Leverage SAP Fiori Apps for Real-Time Credit Management.” discussing how SAP Fiori bridges the gulf between user experience on consumer apps and enterprise apps for Credit analysts and managers. Anuj will also present how SAP Fiori helps credit teams stay on top of information impacting credit score of customers, make decisions proactively thereby reducing credit risk exposure.
About HighRadius Corporation
HighRadius TM provides Financial Supply Chain Management software solutions to optimize receivables and payments functions such as credit, collections, cash application, deductions and eBilling. Our Integrated Receivables solution suite is delivered as software-as-a-service to automate the credit-to-cash cycle. Our certified accelerators for SAP® S/4HANA® Finance help large enterprises to achieve business transformation initiatives and leverage their investments in SAP software. HighRadius TM solutions have a proven track record of reducing days sales outstanding (DSO), bad debt and increasing operational efficiency, enabling companies to achieve an ROI in just a few months. For more information please visit http://www.highradius.com.
# # #
SAP, SAP S/4HANA, SAPPHIRE NOW, SAP Fiori and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See [http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
For press inquiries and more information contact:
Tara Gallagher
Senior Marketing Manager
tara.gallagher@highradius.com
281.972.2101 Reported by PRWeb 1 hour ago.
Orlando, FL (PRWEB) May 12, 2017
With over two decades of experience in guiding Fortune 1000 companies to successful SAP® Receivables Management projects, Anuj Saxena believes most credit and A/R process owners are unable to successfully convert their vision to operational reality because of the lack of technical familiarity with existing SAP systems and their capability.
He also mentioned that business leaders invest heavily in enterprise resource planning systems such as SAP and rely on individual process owners to maximize the return on investment by utilizing system functionality to improve process metrics. He believes, it is essential for credit and A/R professionals to clearly define the business requirements in order to successfully deploy receivables management technology.
Anuj announced that he would be distributing complimentary copies of his latest book, “Transforming Receivables Management with Technology: A Practical Guide for Implementing SAP® Collections Management Successfully,” at the SAPPHIRE NOW, the ASUG Annual Conference from May 16 – 18, 2017 at Booth #1077. Attendees could request a complimentary copy here. This is the first in a series of books being published by Receivables 101 – a HighRadius Education Initiative. Future books in the series will include hands-on guides for SAP Credit and SAP Disputes.
The book authored by Anuj and a team of SAP Receivables Management experts details best-practices from more than 200 successful SAP Receivables Management implementations, for business requirement planning, system configuration, change, risk management and future roadmap development. The book includes a step-by-step guide for setting up a collections organization, automating worklist prioritization and correspondence, and defining customer payment behavior-driven collection strategies.
The book also has a chapter focused on assessing the maturity level of a company’s collections management process. Anuj remarks, “Collections process maturity ranges from ‘ad hoc’ – with characteristics of a disorganized and reactive system – to ‘optimized’ – teams which are continuously improving processes and technology. As someone who has closely worked with finance & accounting teams of more than 250 Fortune 1000 organizations over the last two decades, I have noted that the most ‘optimized’ collections management teams have an ‘integrated’ approach to receivables management. Such integrated receivables systems unify customer data, ease collaboration across credit-to-cash functions, eliminate redundant manual tasks – thereby reducing Days Sales Outstanding (DSO), bad-debt write off as well as overall risk exposure.”
As Katharina Reichert, Director, Receivables Management, LoB Finance, SAP SE recommends in the foreword of the book: “If your organization is looking for ways to streamline receivables and convert them into cash to run and grow the business, use automation to establish best-in-class receivables operations, accelerate the credit-to-cash cycle and reduce bad-debt, then this is a must read.” A sneak-peek of the book and the detailed agenda is accessible here.
Anuj Saxena is the Vice President of the SAP Line of Business at HighRadius and an internationally known expert in the field of Credit and Accounts Receivables SAP solutions. Anuj has led many SAP Receivables Management implementations in the United States and Europe, authored several journal articles, and speaks frequently at popular conferences throughout the United States, including SAPPHIRE NOW. At the conference, Anuj will present “How to Leverage SAP Fiori Apps for Real-Time Credit Management.” discussing how SAP Fiori bridges the gulf between user experience on consumer apps and enterprise apps for Credit analysts and managers. Anuj will also present how SAP Fiori helps credit teams stay on top of information impacting credit score of customers, make decisions proactively thereby reducing credit risk exposure.
About HighRadius Corporation
HighRadius TM provides Financial Supply Chain Management software solutions to optimize receivables and payments functions such as credit, collections, cash application, deductions and eBilling. Our Integrated Receivables solution suite is delivered as software-as-a-service to automate the credit-to-cash cycle. Our certified accelerators for SAP® S/4HANA® Finance help large enterprises to achieve business transformation initiatives and leverage their investments in SAP software. HighRadius TM solutions have a proven track record of reducing days sales outstanding (DSO), bad debt and increasing operational efficiency, enabling companies to achieve an ROI in just a few months. For more information please visit http://www.highradius.com.
# # #
SAP, SAP S/4HANA, SAPPHIRE NOW, SAP Fiori and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See [http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
For press inquiries and more information contact:
Tara Gallagher
Senior Marketing Manager
tara.gallagher@highradius.com
281.972.2101 Reported by PRWeb 1 hour ago.
↧
↧
The uneasy calm in markets can’t last, and may be bullish for gold
Volatility – where’s it gone? The complex volatility measuring tool devised by the Chicago Board Options Exchange known as the VIX and tradeable through various ETFs and ETPs this week hit lows not seen since 1993, coincidentally the same year that an FBI chief last got fired by a US President. It’s true that in 1993 the index was only a couple of years old, so we don’t have a comparison to 1987 or any earlier times of major financial distress, but still, that 24 year run is pretty impressive, given the complex political background investors are now operating in. So, given that there are wars in the Middle East, President Trump is rattling his sabre at North Korea, tensions between Russia and the West continue to simmer, what exactly is it that’s making investors so sanguine. The answer was partly illuminated in an insightful article by Nouriel Roubini [https://www.theguardian.com/business/2017/may/08/why-the-global-markets-are-ignoring-the-global-turmoil] this week, in which he highlighted the impact of US shale in reducing sensitivities to Middle Eastern upheavals. President Trump may be flip-flopping around on Syria and Iraq, but as far as the spreadsheet models of global economists are concerned, what happens there now just doesn’t have the same kind of significance as it did in 1973, when the Egyptians and the Syrians nearly wiped out Israel, or 1990, when Saddam Hussein decided it was time for his tanks to remove the border with Kuwait. There’s also the impact of improving headline economic numbers. Chinese PMIs may be weakening, but they are improving in Europe, and in the US although growth is coming in fits and starts, it is coming. Technological innovation continues to drive economic advance, most significantly in the fields of motoring and battery technology, and this has had a discernible positive knock-on effect on the mining sector amongst others. Lithium batteries use ten times as much graphite as they do lithium, so if you think the graphite boom has gone away, think again – whatever the technology, materials will need to be mined to build it, so the mining sector will never get old. And yet, having said all that, there is a palpable sense of unease abroad in the markets. What’s causing it is complex and undefined and if traders knew the VIX probably would be where it is now. But certain underlying themes do present themselves. The initial shock of Brexit is over, and it looks as though institutions on both sides of the new European divide will survive relatively intact. But the uncomfortable truth, not much highlighted in coverage of the recent French elections, is that a traditionally fascist party won 35% of the vote. That means that 35% of the electorate in one of the two remaining pillars of the European project prefer to embrace an extremer form of politics than tackling the issues of ever-closer union. Precisely what it means for the long-term isn’t clear, but it doesn’t bode well and it may end up making Brexit look like a mild and modest manoeuver. More than that, there’s the pricing of markets themselves. Almost everyone agrees that equity markets around the world trade at unsustainably high levels around the world, and have been doing so supported by nearly a decade of near-zero interest rates. Since the received wisdom is that the best traders burn out by the age of 30, that means that hardly anyone on a trading desk has ever seen a full interest rate cycle. The same is true of the guys that write the programs for the automated high-frequency trading that moves so many prices these days – and predicting how all those computers will interact in the event of a major market crash is a nigh on impossible task. It was bad enough in 2007, when there was still room for manoeuvre on interest rates. What would happen now is beyond the understanding of most market participants. And that realisation makes them uneasy, to say the least. So while, there is willingness to participate in upward moves, there is also increasing wariness. In part, that explains why the Fed has been so cautious when it comes to moving on rates. But if no one is hailing Janet Yellen as a genius, it may be for good reason – her predecessors Alan Greenspan and Ben Bernanke were both lauded when they had the job, but the global economy that they bequeathed to the current generation is still recovering from the shocks that occurred when they were in office. Avoiding similar shocks may be Yellen’s greatest legacy, if she can do it. But it won’t be easy in a world where Donald Trump is President and significant balancing has yet to recur.
Reported by Proactive Investors 38 minutes ago.
↧
Europe beckons as ambitious Marseille closes in on 5th place
PARIS (AP) " Getting Marseille back into Europe is part of American owner Franck McCourt's ambitious "Champions Project."Marseille is aiming for fifth place in the French league and a spot in next season's Europa League. Standing...
Reported by New Zealand Herald 31 minutes ago.
↧
Macron Victory Unleashes Record Inflows Into European Equities
Two weeks ago we reported that European stocks had just enjoyed the biggest fund inflows since 2015, just as the continent appeared to have hit its economic peak...... and according to Deutsche Bank was rolling over.
That assessment, however, did absolutely nothing to halt the "great rotation" out of other global markets and into Europe, especially in the aftermath of Macron's victory, when as Bank of America reported citing EPFR data, *Europe saw the largest weekly equity inflows on record.*
As BofA's Michael Hartnett puts it in "Allez les Flows" Europe just had a record weekly inflow of $6.1 billion post Macron's win; He also notes that the inflow tide may only be getting started, as current inflows are barely halfway to levels consistent with prior SX5E market peaks.
Another interesting observation: it wasn't just europe - everything is getting boug again, with $8.8bn inflows into equities *and *$4.4bn into bonds, offset by $0.1bn out of gold
*Buy in May, and go Nikkei*: Japan now the contrarian "buy"…largest equity outflow in 30 weeks ($2.7bn); divergent equity flow trends between Europe & Japan imply further appreciation of Euro vs Japanese yen (Chart 2)
*Au Revoir le Vol: *BofAML private clients reducing cash (10.9%, lowest level since Jul'15); and resume buying of low-volatility ETFs past 4 weeks, just as equity volatility drops to lowest since 1993, US Treasury vol to lowest since 2014, CDS vol to lowest on record.
As usual, that "other" great rotation continues for one more week, with *$174.9bn inflows to "passive" equity funds vs. $48.1bn outflows from "active" YTD…*but this week biggest inflow to"active" in 80 weeks ($0.9bn); perhaps on the heels of Gundlach's recent favorable comments; Meanwhile, there have been $1.6tn inflows to bond funds in past 10 years vs $0.2tn into equity funds…but equity ($126.8bn) keeping pace with bond inflows ($144.1bn) YTD. Reported by Zero Hedge 10 minutes ago.
↧
EU slaps new anti-dumping duties on China steel products
The European Union has slapped anti-dumping duties on more steel products from China to stop them flooding Europe's struggling steel market.
Reported by FOXNews.com 7 minutes ago.
↧
↧
US Power Vacuum in Europe on Display with Fight Over Soros-Funded Hungarian University
A group of senators have had a testy exchange with the combative leader of Hungary.
-- Reported by CNSNews.com 9 minutes ago.
-- Reported by CNSNews.com 9 minutes ago.
↧
Locally-Influenced Yucatecan Cooking Class Now Offered At Grand Velas Riviera Maya
Mayan Chef Humberto May Tamay Teaches Guests Traditional Recipes at Resorts Yucatán Restaurant
Riviera Maya, Mexico (PRWEB) May 12, 2017
Grand Velas Riviera Maya now offers guests a new foodie experience inspired by recipes of the region. Taught by the resort’s Mayan Chef, Humberto May Tamay, guests can discover the Mexican flavors of traditional Yucatecan cuisine during an intimate cooking class. Traditional techniques are showcased during the class which results in a three-course meal of recipes that have been passed from generation to generation and kept as the jewels of the Yucatan peninsula’s cuisine. Sample dishes included Mexican “antojitos” like empanadas and gorditas; tikinxic (pronounced "teekeen sheek”) which is made with fresh fish, annatto paste, white vinegar and sour oranges; and crispy corn cake with caramel and tamarind sauce. Each guest receives a copy of the recipes and a Grand Velas apron to take home. Available for 10 - 16 people per, the class takes place at the resort’s Yucatán restaurant, Chaká, situated amid tropical jungle foliage of mangroves and Salam, Chechen and Chaká trees. The cost of the class is $40 per person.
Rates start at $393 per person per night based on double occupancy and include luxury suite accommodations, à la carte gourmet meals at a variety of specialty restaurants, premium branded beverages, 24-hour in-suite service, fitness center, taxes, gratuity and more. For more reservations or more information on Grand Velas Riviera Maya, please email reservations(at)velasresorts(dot)com, call 1-888-407-4869, or visit http://rivieramaya.grandvelas.com/.
About Grand Velas Riviera Maya:
Set on 206 acres of pristine jungle and mangroves and with the finest white sand beach in the Riviera Maya, the AAA Five Diamond Grand Velas Riviera Maya is an ultra-luxury all-inclusive resort. Guests can choose among three separate ambiances in this Leading Hotel of the World, including adults-only oceanfront, family-friendly ocean view and a Zen-like tropical setting, embraced by the flora and fauna of the Yucatan Peninsula’s jungle. All 539 designer-like suites are exceptionally spacious, more than 1,100 square feet each, all with balconies, and some with private plunge pools. All feature fully stocked mini bars, plasma TVs, Wi-Fi, L’Occitane amenities, artisanal tequila, and Nespresso coffee machines. Bathrooms deserve special mention with walk in glass shower, deep soaking Jacuzzi tubs and marble interior. Eight restaurants, including five gourmet offerings, present a tour through Mexico, Europe and Asia. Cocina de Autor, at the hands of world renowned celebrity chefs Bruno Oteiza, Mikel Alonso and Xavier Pérez Stone, holds the AAA Five Diamond Award, the first all-inclusive restaurant in the world to win this prestigious distinction. Se Spa, a Leading Spa of the World, is the region's largest spa sanctuary at more than 90,000 square feet, known for its authentic Mexican treatments, offerings from around world and signature seven-step water journey. Other features include 24-hour Personal Concierge; 24/7 in-suite service; three swimming pools; two fitness centers; water sports; innovative Kids Clubs and Teen’s Club; Karaoke Bar; Koi Bar; Piano Bar, and business center. The resort offers more than 91,000 square feet of meeting space and outdoor areas for events inclusive of a 31,000-square-foot Convention Center, able to accommodate up to 2,700 guests. The resort has won numerous awards from Travel + Leisure, Conde Nast Traveler, USA Today and several other magazines and major companies worldwide, including World Luxury Spa Awards and TripAdvisor’s Hall of Fame. Grand Velas Riviera Maya was built and is operated by Eduardo Vela Ruiz, owner, founder and President of Velas Resorts, with his brother Juan Vela, Vice President of Velas Resorts.
# # # Reported by PRWeb 5 minutes ago.
Riviera Maya, Mexico (PRWEB) May 12, 2017
Grand Velas Riviera Maya now offers guests a new foodie experience inspired by recipes of the region. Taught by the resort’s Mayan Chef, Humberto May Tamay, guests can discover the Mexican flavors of traditional Yucatecan cuisine during an intimate cooking class. Traditional techniques are showcased during the class which results in a three-course meal of recipes that have been passed from generation to generation and kept as the jewels of the Yucatan peninsula’s cuisine. Sample dishes included Mexican “antojitos” like empanadas and gorditas; tikinxic (pronounced "teekeen sheek”) which is made with fresh fish, annatto paste, white vinegar and sour oranges; and crispy corn cake with caramel and tamarind sauce. Each guest receives a copy of the recipes and a Grand Velas apron to take home. Available for 10 - 16 people per, the class takes place at the resort’s Yucatán restaurant, Chaká, situated amid tropical jungle foliage of mangroves and Salam, Chechen and Chaká trees. The cost of the class is $40 per person.
Rates start at $393 per person per night based on double occupancy and include luxury suite accommodations, à la carte gourmet meals at a variety of specialty restaurants, premium branded beverages, 24-hour in-suite service, fitness center, taxes, gratuity and more. For more reservations or more information on Grand Velas Riviera Maya, please email reservations(at)velasresorts(dot)com, call 1-888-407-4869, or visit http://rivieramaya.grandvelas.com/.
About Grand Velas Riviera Maya:
Set on 206 acres of pristine jungle and mangroves and with the finest white sand beach in the Riviera Maya, the AAA Five Diamond Grand Velas Riviera Maya is an ultra-luxury all-inclusive resort. Guests can choose among three separate ambiances in this Leading Hotel of the World, including adults-only oceanfront, family-friendly ocean view and a Zen-like tropical setting, embraced by the flora and fauna of the Yucatan Peninsula’s jungle. All 539 designer-like suites are exceptionally spacious, more than 1,100 square feet each, all with balconies, and some with private plunge pools. All feature fully stocked mini bars, plasma TVs, Wi-Fi, L’Occitane amenities, artisanal tequila, and Nespresso coffee machines. Bathrooms deserve special mention with walk in glass shower, deep soaking Jacuzzi tubs and marble interior. Eight restaurants, including five gourmet offerings, present a tour through Mexico, Europe and Asia. Cocina de Autor, at the hands of world renowned celebrity chefs Bruno Oteiza, Mikel Alonso and Xavier Pérez Stone, holds the AAA Five Diamond Award, the first all-inclusive restaurant in the world to win this prestigious distinction. Se Spa, a Leading Spa of the World, is the region's largest spa sanctuary at more than 90,000 square feet, known for its authentic Mexican treatments, offerings from around world and signature seven-step water journey. Other features include 24-hour Personal Concierge; 24/7 in-suite service; three swimming pools; two fitness centers; water sports; innovative Kids Clubs and Teen’s Club; Karaoke Bar; Koi Bar; Piano Bar, and business center. The resort offers more than 91,000 square feet of meeting space and outdoor areas for events inclusive of a 31,000-square-foot Convention Center, able to accommodate up to 2,700 guests. The resort has won numerous awards from Travel + Leisure, Conde Nast Traveler, USA Today and several other magazines and major companies worldwide, including World Luxury Spa Awards and TripAdvisor’s Hall of Fame. Grand Velas Riviera Maya was built and is operated by Eduardo Vela Ruiz, owner, founder and President of Velas Resorts, with his brother Juan Vela, Vice President of Velas Resorts.
# # # Reported by PRWeb 5 minutes ago.
↧
Russia Seeks Investment, Trade Links on China’s New ‘Silk Road’
Russia’s President Vladimir Putin is heading to China Sunday to join leaders of 27 other nations at the One Belt, One Road (OBOR) summit in Beijing. The massive China-led project aims to revive the ancient Silk Road and maritime trade routes by expanding investment in infrastructure linking Asia, Africa and Europe. While China plans to invest tens of billions of dollars in the ambitious vision, few details have been made clear on how the project will proceed. Russia wants...
Reported by VOA News 2 hours ago.
↧
Prolific striker's agent makes bold claim: Man United and Chelsea on alert
AJAX sensation Kasper Dolberg is the hottest property in Europe, his agent has revealed.
Reported by Daily Star 2 hours ago.
↧
↧
Ransomware attack also spreads to India; Andhra Pradesh Police systems affected
A global cyber-attack leveraging hacking tools believed to have been developed by the US National Security Agency has infected tens of thousands of computers in nearly 100 countries, has now spread to India. A section of computers of Andhra Pradesh's police departments were affected by the global cyber-attack on Saturday, authorities said.
According to reports, computers in 18 police units in Chittoor, Krishna, Guntur, Visakhatpatnam and Srikakulam districts were affected. However, officials said the day-to-day functioning was not hampered. Reportedly, systems using the Windows operating system were hit by the cyber-attack but the police chief's computer running Apple's iOS OS was safe.
These hackers were demanding ransom in digital currency bitcoin to restore access. Officers stated that as the data was stored in different offices in the police administration, they will be able to retrieve the same.
The most disruptive attacks were reported in Britain, where hospitals and clinics were forced to turn away patients after losing access to computers. International shipper FedEx said some of its Windows computers were also infected. "We are implementing remediation steps as quickly as possible," it said in a statement.
Only a small number of US-headquartered organizations were hit because the hackers appear to have begun the campaign by targeting organizations in Europe, said Vikram Thakur, research manager with security software maker Symantec. By the time they turned their attention to the United States, spam filters had identified the new threat and flagged the ransomware-laden emails as malicious, he added.
The hackers, who have not come forward to claim responsibility or otherwise been identified, likely made it a "worm", or self-spreading malware, by exploiting a piece of NSA code known as "Eternal Blue" that was released last month by a group known as the Shadow Brokers, researchers with several private cyber security firms said. The Shadow Brokers released Eternal Blue as part of a trove of hacking tools that they said belonged to the US spy agency.
ReportSci/TechDNA Web TeamDNA webdeskMumbai
· Andhra Pradesh cyber attack
· WannaCry ransomware India
· cyber attack India
· cyber-attack
· malware
· Ransomware
· WannaCry ransomware
· NHS
· Fedex
· global attack
· Microsoft Windows
· Microsoft
· Web Exclusive
· US National Security Agency
· NSA
· Telefonica
· WCry
· Kaspersky Lab
· Hackers
· hacked
Sat, 13 May 2017-06:32pm
Date updated:
Saturday, 13 May 2017 - 6:32pm
Article Images:
Short URL:
dnai.in/evvK
Embargo:
Syndicate:
Hide lead image:
Page views:
6
From Print Edition: Reported by DNA 59 minutes ago.
According to reports, computers in 18 police units in Chittoor, Krishna, Guntur, Visakhatpatnam and Srikakulam districts were affected. However, officials said the day-to-day functioning was not hampered. Reportedly, systems using the Windows operating system were hit by the cyber-attack but the police chief's computer running Apple's iOS OS was safe.
These hackers were demanding ransom in digital currency bitcoin to restore access. Officers stated that as the data was stored in different offices in the police administration, they will be able to retrieve the same.
The most disruptive attacks were reported in Britain, where hospitals and clinics were forced to turn away patients after losing access to computers. International shipper FedEx said some of its Windows computers were also infected. "We are implementing remediation steps as quickly as possible," it said in a statement.
Only a small number of US-headquartered organizations were hit because the hackers appear to have begun the campaign by targeting organizations in Europe, said Vikram Thakur, research manager with security software maker Symantec. By the time they turned their attention to the United States, spam filters had identified the new threat and flagged the ransomware-laden emails as malicious, he added.
The hackers, who have not come forward to claim responsibility or otherwise been identified, likely made it a "worm", or self-spreading malware, by exploiting a piece of NSA code known as "Eternal Blue" that was released last month by a group known as the Shadow Brokers, researchers with several private cyber security firms said. The Shadow Brokers released Eternal Blue as part of a trove of hacking tools that they said belonged to the US spy agency.
ReportSci/TechDNA Web TeamDNA webdeskMumbai
· Andhra Pradesh cyber attack
· WannaCry ransomware India
· cyber attack India
· cyber-attack
· malware
· Ransomware
· WannaCry ransomware
· NHS
· Fedex
· global attack
· Microsoft Windows
· Microsoft
· Web Exclusive
· US National Security Agency
· NSA
· Telefonica
· WCry
· Kaspersky Lab
· Hackers
· hacked
Sat, 13 May 2017-06:32pm
Date updated:
Saturday, 13 May 2017 - 6:32pm
Article Images:
Short URL:
dnai.in/evvK
Embargo:
Syndicate:
Hide lead image:
Page views:
6
From Print Edition: Reported by DNA 59 minutes ago.
↧
Rangers 2-1 Hearts: Barrie McKay seals return to Europe
Rangers confirmed their return to Europe after their narrow win over 10-man Hearts sealed a third-place finish in the Scottish Premiership and thus entry into next season's Europa League.
Reported by MailOnline 54 minutes ago.
↧
Cyber-attack: Europol says it was unprecedented in scale
Europe's police agency says a "complex international investigation" is needed to catch the culprits.
Reported by BBC News 14 minutes ago.
↧
More Pages to Explore .....
