SARASOTA, Fla.--(BUSINESS WIRE)--#POC--Lumos Diagnostics announced the closing of U.S. $15 million in Series A funding from Planet Innovation, an Australia-based healthtech innovation and commercialization company. This funding will support the international commercial expansion of the FebriDx® rapid point-of-care (POC) test, the FebriDx U.S. FDA pivotal clinical trial, and additional development and manufacturing resources for the company’s expanding full-service POC business.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will immediately begin transitioning small Australian suppliers to shorter payment terms that will see them paid within 20 days of receipt of a valid invoice. This move, which will apply to suppliers with annual turnover up to A$10 million, reflects Rio Tinto’s recognition of the importance of ensuring smaller suppliers, whom are often local to its Australian operations, are paid in a timely manner.
International money transfers service from Australia and New Zealand to China now availableSYDNEY--(BUSINESS WIRE)--WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world. “Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,” said Tamer El-Emary, Chief Commercial Officer, WorldRemit. “The partnership will focus on innovation, customer experience and speed to market.”
MELBOURNE, Australia--(BUSINESS WIRE)--Ceridian HCM Holding Inc. (NYSE:CDAY) (TSX: CDAY), a global human capital management (HCM) technology company, today announced plans to introduce its market-leading cloud platform to the New Zealand market with the launch of Dayforce Payroll. Today’s announcement comes on the heels of the launch of Dayforce Payroll in Australia last year and the acquisition of RITEQ
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces that a securities class action lawsuit has been filed in the District of Oregon on behalf of purchasers of Westpac Banking Corporation (NYSE:WBK) securities between November 11, 2015 and November 19, 2019 (the “Class Period”). The case is captioned Byrne v. Westpac Banking Corp., No. 20-cv-00171, and is assigned to Magistrate Judge John V. Acosta. The
Industry-based standards strengthen data exchange between insurance carriers and benefits administration technology companies for non-medical employee benefitsATLANTA, Ga.--(BUSINESS WIRE)--#AdminSuite--FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announces its involvement in the development of the LIMRA LDEx Standards for Non-Medical Workplace Benefits. The LIMRA announcement
From New York to London to Dubai to Sydney, Bacardi Goes Back to the Bar and Releases the Bacardi Cocktail Trends Report Showcasing What’s Stirring in 2020HAMILTON, Bermuda--(BUSINESS WIRE)--#BackToTheBar--This Thursday, 7,000 Bacardi employees across the globe will turn on their “out of office” message to go out on the town and visit bars in more than 100 cities, all in the name of spotting what’s new and next for cocktails. The activity, called Back to the Bar, brings everyone at Bacardi together for a day of “barstool research” with bartenders who are the trend spotters and tastemakers of the spirits business and a direct link to consumers. According to Nielsen CGA, 40% of revenue in bars is influenced by bartenders as they are the go-to experts to help you pick your drink.
Transformative new functionalities establish monday.com as a work operating systemNEW YORK--(BUSINESS WIRE)--Today, monday.com is introducing monday 2.0, a momentous new iteration of its platform, transforming it into a work operating system (work OS) that enables organizations of any size to build custom workflow apps in minutes. In becoming a work OS, monday.com now provides a centralized platform for code-free app creation, process management, and project management. The launch of monday 2.0 is a culmination of new capabilities added to the platform that further enable teams to execute in complete alignment, focus on the work that maximizes impact, and achieve extraordinary results across all aspects of their work.
Strong investment performance, with 76% and 77% of assets under management (‘AUM’) outperforming relevant benchmarks on a 3 and 5 year basis, respectively, as at 31 December 2019Fourth quarter 2019 operating income of US$154.3 million and adjusted operating income of US$171.0 millionAUM of US$374.8 billion, up 5% compared to the prior quarter, as a result of strong markets and favourable FX partially offset by net outflows
Utilizing FINEOS Platform for Integrated Disability and Absence Management (IDAM) solution to better serve employer clientsATLANTA, Ga.--(BUSINESS WIRE)--#Absence--FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, is delighted to announce today it has signed a new license agreement with a Tier 1 U.S. Insurer for the FINEOS Platform to support IDAM in the cloud for their Employee Benefits division.
DUBLIN--(BUSINESS WIRE)--The "Australia Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services, By Soft (Cleaning, Security and Other services) and Hard Services (Electromechanical, Operations and Maintenance, Fire and Safety), By End User Sectors" report has been added to ResearchAndMarkets.com's offering. This report provides a comprehensive analysis of the Facility Management Industry of Australia. The report covers various aspects including an introduction to the Australia Facility Management market, business acquisition process vendor selection process, trends and developments, issues and challenges, SWOT analysis, competitive landscape, and government regulations.
Weather- & Music-Related Programming Drove Strong Response; 30-Second Spots Performed Better Compared to Alternative Creative LengthsEDINBURGH, Scotland & SYDNEY--(BUSINESS WIRE)--#TV--TVSquared, the global leader in TV attribution, today released TV performance insights for Australian advertisers. The report reveals the highest and lowest performing days, dayparts, creative lengths and genres, demonstrating that early weekday dayparts, 30-second creatives and Weather- and Music-related programming had high levels of TV-driven response.
LOS ANGELES--(BUSINESS WIRE)--$WBK #WBK--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Westpac Banking Corporation (“Westpac” or “the Company”) (NYSE: WBK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
U.S. RECELL® System product sales of A$4.66M for fiscal second quarterVALENCIA, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)--AVITA Medical Limited (ASX: AVH, NASDAQ: RCEL), a regenerative medicine company with a technology platform positioned to address unmet medical needs in therapeutic skin restoration, reported financial results for the fiscal second quarter ended 31 December 2019 today in its Appendix 4C - Quarterly Cash Flow Report filed with the Australian Securities Exchange (ASX).
SAN FRANCISCO & NEW YORK & SYDNEY--(BUSINESS WIRE)--Xpansiv CBL Holding Group (XCHG) and the International Air Transport Association (IATA) today announced a partnership to develop the Aviation Carbon Exchange (ACE), a new and innovative way for airlines to meet their emissions-reduction commitments as outlined in the Carbon Offset Reduction Scheme for International Aviation (CORSIA). CORSIA is a global-offsetting scheme ratified by members of the International Civil Aviation Organization (
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LOS ANGELES--(BUSINESS WIRE)--$WBK #WBK--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Westpac Banking Corporation (“Westpac” or “the Company”) (NYSE: WBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Westpac was charged on November 19, 2019, with more than 23 million violations of Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act (“AML-CTF Act”) by the Australian Transaction Reports and Analysis Centre (“AUSTRAC”). AUSTRAC's Statement of Claim alleges that the Company failed to detect and prevent money laundering and risky payments from and to Southeast Asia that were related to the sexual exploitation of children. AUSTRAC claims that Westpac knew of the connection to child exploitation and that its senior management team was “specifically briefed” on the danger in 2016. Based on this news, shares of Westpac fell by almost 4.5% in the next trading session, harming investors.
HIGHLIGHTSFirst human dosing of PlexarisTM has occurred in Exopharm’s PLEXOVAL StudyPLEXOVAL is a world-first study using a cell free, platelet-derived exosome product manufactured using Exopharm's proprietary LEAP Technology for wound healingOther pre-clinical development progress will be reported over coming monthsMELBOURNE, Australia--(BUSINESS WIRE)--Regenerative medicine company Exopharm Limited (ASX:EX1) announces first dosing has occurred in the PLEXOVAL Phase I study using exosomes isolated from human platelets for wound healing, Exopharm’s first human clinical trial. Further participants are expected to soon follow in this study that involves up to 20 participants.
Energy storage system is one of the largest in the Czech RepublicWESTBOROUGH, Mass.--(BUSINESS WIRE)--NEC Energy Solutions, Inc. (NEC ES), announced today the completion of a 4MW/2.8MWh energy storage system in Tusimice, Czech Republic for IBG Cesko, a supplier of comprehensive energy solutions. The battery energy storage system will be used to test different delivery modes of energy support services within the joint research project called BAART established by the companies CEZ (customer) and CEPS (Czech TSO). The system is particularly focused on meeting the technical requirements for providing primary reserve support for the Czech transmission network.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto is committed to paying small and medium business suppliers with up to $1 million of annual expenditure within 30 days of receipt of invoice. This is in line with the Australian Supplier Payment Code. Rio Tinto is continually striving to improve supplier experiences, and our on-time supplier payments rate, which currently stands at approximately 96 per cent.
Simply Energy to enrich their current HubCX platform with products Sigma Catalog and Sigma CPQ from Hansen TechnologiesMELBOURNE, Australia--(BUSINESS WIRE)--Hansen Technologies is pleased to announce that it has signed a new agreement with longstanding customer Simply Energy, to augment the energy retailer’s existing Hansen HubCX platform with Sigma Catalog and Sigma CPQ.The Australian retail arm of the global ENGIE group, Simply Energy has more than 720,000 customer accounts in Victoria, South Australia, New South Wales, the Australian Capital Territory, Western Australia and Queensland.
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation, a global leader in bauxite, alumina and aluminum, today announced that its portfolio of bauxite mines and alumina refineries in Western Australia have received certification from the Aluminium Stewardship Initiative (ASI). ASI’s Performance Standard certification process requires a comprehensive, third-party audit, which was completed successfully at the Huntly and Willowdale bauxite mines and the Kwinana, Pinjarra, and Wagerup alumina refineries.
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today it has been awarded seven contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys Project in the Browse Basin offshore northern Australia. The well development campaign is due to start in March 2020 and will continue for an estimated 3-year term. The contracts awarded include directional drilling, logging while drilling, surface data logging, drilling and completions fluids, cementing, liner hangers, coring and well completions services.
Piedmont has completed the final 19 drill holes of its Phase 4 drilling program, comprising 12 holes at our Central property and 7 holes at our Core property 10 of the 12 holes drilled on the Central property intersected significant mineralization, including:36.0m @ 1.11% Li2O from 15m and 44.9m @ 1.30% Li2O from 72m in Hole 19-CT-1913.0m @ 1.28% Li2O from 169m and 7.3m @ 1.37% Li2O from 203m in Hole 19-CT-26
BOSTON & SYDNEY--(BUSINESS WIRE)--GI Dynamics® Inc. (ASX:GID), a medical device company that is developing EndoBarrier® for patients with type 2 diabetes and obesity, is pleased to announce the first patient in the United States (U.S.) STEP-1 clinical trial has been enrolled at Michigan Medicine in Ann Arbor, Michigan. Michigan Medicine is one of five clinical study sites for the STEP-1 trial; the site is led by principal investigator Allison R. Schulman M.D., M.P.H., assistant professor of gastroenterology and internal medicine.
Deal Underscores Yamaha Motor’s Focus in Driving Business Innovation in the Health Technology SectorPALO ALTO, Calif.--(BUSINESS WIRE)--Yamaha Motor Ventures & Laboratory Silicon Valley (“YMVSV”), the strategic business development and investment arm of Yamaha Motor Co., Ltd. (“YMC”) (Tokyo: 7272), today announced it led an AUD $3 million seed funding round for loop+, an early stage health technology enterprise based in Australia developing a pressure and movement tracking device for wheelchair-bound patients. Leveraging the USD $100 million Yamaha Motor Exploratory Fund (the “Fund”), the loop+ investment reflects YMVSV’s growing interest in teams working to develop technological solutions to major healthcare challenges.
SINGAPORE--(BUSINESS WIRE)--AM Best believes Australian insurers are well-capitalized and should be able to withstand losses from the recent bushfires, aided by support from reinsurance partners. However, meaningful bushfire losses passed on to reinsurers may result in upward pressure on reinsurance rates and tightening of terms and conditions in upcoming renewal windows. The new Best’s Commentary
With over 40 years of local, flexible, and responsive EMS experience, Karré takes a confident step forward into the digital factory with Aegis Software, enhancing their leading industry values.HORSHAM, Pa.--(BUSINESS WIRE)--#4IR--Aegis Software, a global provider of Manufacturing Execution Software (MES), today announces that Karré Elektronik has selected Aegis as their trusted software provider of IIoT-driven MES software.
Quarterly revenue of $408.7 million, up 37% year-over-yearQuarterly IFRS operating margin of 10% and non-IFRS operating margin of 31%Quarterly cash flow from operations of $218.4 million and free cash flow of $202.0 millionSAN FRANCISCO--(BUSINESS WIRE)--Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its second quarter of fiscal 2020 ended December 31, 2019 and released a shareholder letter on the Investor Relations section of its website at https://investors.atlassian.com
MELBOURNE, Australia--(BUSINESS WIRE)--Vivi International, the Australian EdTech start-up, today announced it has closed a funding round with New York-based investment group, Riverside Acceleration Capital (RAC). The funding will help fast-track Vivi’s expansion into the US market, where it aims to replicate the success and growth achieved in the Australian region.The round was overseen by Melbourne-based independent financial advisory firm, Intrinsic Partners, and combines the RAC funding with investment from a syndicate of Australian investors keen to support growing technology companies.
LAKE MARY, Fla.--(BUSINESS WIRE)--#jeunesse--Jeunesse Global® has donated $100,000 USD to aid children, communities and natural habitats affected by the bushfires that have ravaged Australia for months, claiming the lives of 28 people and more than 1 billion animals. The aid has been provided through the company's nonprofit foundation, Jeunesse Kids™ which bestowed grants to three separate nonprofit organizations that are working to meet both immediate and long-term needs of the hundreds of communities that have been affected.
