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News Article | February 15, 2017
Site: www.businesswire.com

WAKEFIELD, Mass. & MAIDENHEAD, United Kingdom--(BUSINESS WIRE)--SDL (LSE:SDL) announced today that Jim Saunders has been appointed as Chief Product Officer (CPO). This announcement highlights the company’s focus and investment in technology solutions to address the growing content and translation needs in today’s digital world and their role in the company’s strategy. A veteran of the software industry, Saunders has built and led best-in-class organizations across three continents for more than 20 years. As CPO, he will oversee product strategy, innovation and engineering across SDL’s entire technology portfolio of language and content management solutions for enterprises and translators, helping them along their evolution to the cloud. Saunders will report to Adolfo Hernandez, CEO, SDL. “ Jim is a proven strategic thinker, capable of bridging the gap between product development and business teams. He has an excellent understanding of today’s constantly evolving, technology-driven marketplace and a proven track record in delivering products on time and to the highest standards,” said Hernandez. “ With his deep cloud expertise and track record of attracting and leading engineering and product management, Jim is ideally qualified to drive the technical and strategic engines for SDL to ensure that we continue to meet the needs of SDL customers everywhere, helping organizations go global faster.” Saunders previously served as executive vice president at Xura, a merger combining Comverse and Acision. Prior to Xura, he was vice president of capital markets products at Misys and has also held senior leadership positions at Cartesis SA, America Online, Netscape and Apple. “ In today’s digital world, there are no borders. With more content than ever before and an ever-growing need for audiences in one part of the world to communicate in real-time with others in a different locale, the opportunity for companies to manage their content and translate it for their customers is massive,” said Jim Saunders, CPO, SDL. “ SDL’s product and engineering teams are recognized leaders in translation productivity, translation management, content management and Machine Translation. I am excited to drive product strategy and execution during SDL’s next phase of growth and help further product and cloud innovation, market growth and customer success.” About SDL SDL (LSE:SDL) is the global innovator in language translation technology, services and content management. Over the past 25 years we’ve delivered transformative business results by enabling powerfully nuanced digital experiences with customers around the world. Are you in the know? Find out why 79 out of the top 100 global brands work with us at SDL.com and follow us on Twitter, LinkedIn and Facebook.


News Article | February 15, 2017
Site: www.prweb.com

Global media company Matomy (LSE: MTMY, TASE: MTMY.TA), announced today the launch of MobFox’s new endpoint in Asia—marking the latest step in the Company’s strategic expansion into the Asian-Pacific (APAC) market by providing a complete solution for local developers. By enabling MobFox’s platform to connect directly to APAC-based demand-side platforms (DSPs), the Company will create a local-to-local flow, ensuring a faster and more seamless experience for publishers and advertisers across the region. Along with the new endpoint server, MobFox has tripled the number of demand sources within the APAC region, thus significantly increasing the impact for local developers. To ensure top service, MobFox is growing its team of professionals so developers have access to support in their local language. This furthers the Company’s long-term strategy to expand their global footprint by offering a truly global supply-side platform (SSP). “By the end of 2016, nearly a quarter of the APAC region’s total media spend was devoted to mobile advertising, higher than any other region in the world,” said Kumaran Sambandam, VP of MobFox Exchange. “Furthermore, by 2019 programmatic penetration is set to hit 35 percent in that region. In response to this, we are expanding our infrastructure in APAC so that local developers can benefit from all available ad formats on our SSP including display, native and video.” MobFox is a top international mobile advertising platform working with over 175 DSPs and 40,000-plus registered publishers, as well as leading mobile advertising companies. MobFox has a proven track record of providing clients and media partners with access to innovative programmatic advertising solutions, including a supply-side platform (SSP) and mobile exchange. MobFox was acquired by Matomy Media Group in 2014, and in 2016, the Company opened offices in Beijing, China and Seoul, South Korea in order to bring its worldwide solutions and resources to the APAC region. “Matomy is a mobile-first media company and Asia is a mobile-first region. We are dedicated to providing the highest quality mobile media services to APAC customers looking to advertise and monetize in their own rapidly growing region,” said Ofer Druker, CEO of Matomy. “The new MobFox endpoint in Asia was the next natural step following our strategic expansion into the region, and will empower local mobile developers with both global and local distribution and monetization of their apps.” Meet the MobFox team at Mobile World Congress (MWC) in Barcelona, February 27-March 2, 2017, Hall 8.1, Booth G11. MobFox is a leading data-driven mobile supply side platform and exchange, enabling app developers to manage their media smarter, and generate more revenue with high CPMs and fill rates from diversified and global demand sources. MobFox is connected to 175+ DSPs and is used by over 40,000 iOS and Android apps. The platform offers comprehensive support for multiple advertising formats including banner, interstitial, video and native. Founded in 2010, the company has offices in London, San Francisco and Vienna. In 2014, Matomy Media Group acquired MobFox. For more information, see http://www.mobfox.com. Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a world-leading media company with smarter marketing technology and a personalized approach to advertising. By providing customized performance and programmatic solutions supported by internal media capabilities, big data analytics, and optimization technology, Matomy empowers advertising and media partners to meet their evolving growth-driven goals. Matomy’s programmatic platforms include MobFox for mobile, Optimatic for video, and the mobile, self-serve demand-side platform myDSP. Matomy’s holistic mobile advertising agency, mtmy, is fueled by an in-house Data Management Platform (DMP), and offers a fully-managed service across channels including social, search, video and email. Founded in 2007 with headquarters in Tel Aviv and 11 offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges. Learn more about Matomy at http://www.matomy.com.


Chant S.,LSE
Environment and Urbanization | Year: 2013

Although urban women generally enjoy some advantages over their rural counterparts, a range of gender inequalities and injustices persist in urban areas that constrain their engagement in the labour market and in informal enterprises and inhibit the development of capabilities among younger women. These include unequal access to decent work, human capital acquisition, financial and physical assets, intra-urban mobility, personal safety and security, and representation in formal structures of urban governance. But the nature of these varies for different groups of women, not only on account of poverty status and where they live in the city, but also according to age, household characteristics, degree of engagement in income-generating activities and so on. This paper reviews what we have learnt from the literature on gender and urban development. It discusses disparities in access to education and vocational training and to land and housing ownership through a "gender lens". It considers service deficiencies and associated time burdens, which limit income generation among women. Violence and gender, and gender divisions in access to different spaces within the city and in engagement in urban politics, are also covered. These factors cast doubt on whether women's contributions to the prosperity often associated with urbanization are matched by commensurate returns and benefits. © 2013 International Institute for Environment and Development (IIED).


OP Mortgage Bank's Report by the Board of Directors and Financial Statements as well as Corporate Governance Statement for 2016 published OP Mortgage Bank has published its Report by the Board of Directors and Financial Statements as well as its Corporate Governance Statement for 2016. Both reports can be found as a PDF attachment and they are available at op.fi > OP Financial Group > Media > Material service > Subsidiaries' publications. OP Mortgage Bank     Board of Directors           For more information, please contact: Lauri Iloniemi, Managing Director, tel. +358 (0)10 252 3541       DISTRIBUTION     LSE London Stock Exchange     OAM (Officially Appointed Mechanism) Major media     op.fi    


News Article | February 15, 2017
Site: www.marketwired.com

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Feb. 10, 2017) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") acknowledges the public announcement by Olisol Petroleum Limited on February 9, 2017 regarding the validity of Tethys Extraordinary General Meeting ("EGM") held on January 27, 2017. The Tethys Board would like to inform shareholders and other interested parties that the Management Information Circular dated December 22, 2016 mailed to shareholders did contain all material information required for shareholders to make an informed decision at the EGM and the EGM was conducted in accordance with proper procedure under applicable laws as well as the Company's Articles of Association. Prior to the EGM, Tethys and each of its Kazakhstan subsidiaries commenced legal action against Olisol Investments Limited, Olisol Petroleum Limited and certain of their respective principals and/or affiliates in the Court of Queen's Bench of Alberta seeking, among other things, damages arising from failure to meet contractual obligations under an Investment Agreement between the parties on October 27, 2016 and damages arising from unlawful interference with Tethys' business activities, including issuing erroneous press release information about Tethys as alleged. Tethys intends to enforce its rights and legitimate interests to the fullest extent permitted by law, to protect its investors, assets, investments, management and employees. Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Company or its officers with respect to the potential that exists in both exploration and in discovered deposits in Central Asia and the Caspian Region, the outcome of claims by Olisol Petroleum Limited about the validity of the EGM and the outcome of legal action against Olisol Investments Limited, Olisol Petroleum Limited and certain of their respective principals and/or affiliates. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements including risks and uncertainties with respect to the potential that exists in both exploration and in discovered deposits in Central Asia, the outcome of claims by Olisol Petroleum Limited about the validity of the EGM and the outcome of legal action against Olisol Investments Limited, Olisol Petroleum Limited and certain of their respective principals and/or affiliates. No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.


News Article | February 24, 2017
Site: www.businesswire.com

BOSTON--(BUSINESS WIRE)--PureTech Health plc (LSE: PRTC), a cross-disciplinary biopharmaceutical company, today announced that Daphne Zohar, PureTech Health’s Chief Executive Officer, will present at the Cowen and Company 37th Annual Health Care Conference on Monday, 6 March, at 3:20pm EST. A webcast of the presentation will be available at http://puretechhealth.com/investors.php under the Reports and Presentations tab. About PureTech Health PureTech Health (PureTech Health plc, PRTC.L) is a cross-disciplinary biopharmaceutical company creating 21st century medicines that modulate the adaptive human systems. Our therapies target the immune, nervous, and gastro-intestinal systems by addressing the underlying pathophysiology of disease from a systems perspective rather than through a single receptor or pathway. We have multiple human proof-of-concept studies and pivotal or registration studies expected to read out in the next two years. PureTech Health’s rich and growing research and development pipeline has been developed in collaboration with some of the world’s leading scientific experts who, along with PureTech's experienced team and board, analyze more than 650 scientific discoveries per year to identify and advance only the opportunities we believe hold the most promise for patients. This team and process place PureTech Health on the cutting edge of ground-breaking science and technological innovation and leads the Company between and beyond existing disciplines. For more information, visit www.puretechhealth.com or connect with us on Twitter. Forward Looking Statement This press release contains statements that are or may be forward-looking statements, including statements that relate to the company's future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risks and uncertainties described in the risk factors included in the regulatory filings for PureTech Health plc. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law and regulatory requirements, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.


News Article | February 17, 2017
Site: news.europawire.eu

Delivering significantly enhanced operational and crew welfare benefits is turning the concept of the ‘connected ship’ into a reality LONDON, 17-Feb-2017 — /EuropaWire/ — Satlink Satellite Communications Ltd, a member of The Tototheo Group, a world leader in satellite communication and technical services, has entered into a new agreement with Inmarsat (LSE: ISAT.L) to integrate Fleet Xpress into Satlink’s existing service portfolio. Through the agreement, Satlink will bring more than 1,500 vessels to the Fleet Xpress service over a five-year period. Fleet Xpress, the Global Xpress maritime solution, sets a new standard for maritime global communications with crew welfare, regulatory and operational efficiency at its heart. The service, which is facilitating innovative ‘connected ship’ applications, delivers the highest levels of reliable, high-speed broadband connectivity and exceptional performance across all of the world’s oceans, with continuous connectivity and guaranteed performance. Satlink is one of the leaders in satellite communication and technical services in the maritime industry. Based in Cyprus, Satlink supply, service, integrate and install satellite communications equipment on-board. Its customers include merchant fleets, offshore, fishing and leisure vessels. Commenting on the agreement, Ronald Spithout, President of Inmarsat Maritime said: “Satlink is a long-standing Inmarsat Maritime Partner and we are delighted to further strengthen our relationship with this significant agreement.” “We are seeing an unprecedented uptake of the Fleet Xpress service since its launch last year, and by working with Satlink, we are able to extend our global reach and expertise to the market. The connected ship is no longer a concept, but now rapidly becoming a reality.  With our, world-leading, high-speed broadband connectivity and a dedicated partner network, together we are revolutionising the industry and delivering tangible benefits in terms of vessel performance, driving operational efficiencies and improving the wellbeing of the crew.” Socrates Theodossiou, Joint Managing Director of The Tototheo Group said: ‘We are delighted to enhance our long cooperation with Inmarsat with this agreement. We have a global presence and have been committed to the maritime satellite communications industry for over 30 years. With this strategic alliance we look forward to utilising the innovative and dependable capabilities of Fleet Xpress for the increasing requirements of our customers in regards to broadband connectivity, and to enhance ship efficiency, crew welfare and the implementation of various ‘connected ship’ applications.” About Fleet Xpress Fleet Xpress delivers a unique, fully integrated dual capability of high speed, high capacity services (Global Xpress) together with high reliability safety-level services (FleetBroadband) in a single commercial package which is available anywhere in the world. Fleet Xpress is further enriched by Inmarsat Gateway, a unique service enablement platform designed to provide ship owners, managers and operators with access to a new generation of value-added maritime applications, services and solutions. Fleet Xpress will be taken to market through Inmarsat’s powerful and committed direct and indirect sales channels. Inmarsat Maritime, Inmarsat’s direct maritime sales arm, intends to transition more than 2,600 existing XpressLink installations to Fleet Xpress, and to convert its substantial committed XpressLink backlog, to Fleet Xpress over the next three years. Inmarsat’s maritime channel partners include all the leading maritime communications resellers, providing global reach, customer intimacy and value-added capabilities in support of Fleet Xpress, and a well-managed pathway for Inmarsat’s current FleetBroadband customers to migrate over time up to Fleet Xpress. About Inmarsat Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organisations, with a range of services that can be used on land, at sea or in the air. Inmarsat operates in more than 60 locations around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (ISAT.L). The Inmarsat press release newsfeed and corporate updates are on @InmarsatGlobal. About Satlink Satellite A member of the Tototheo Group, Satlink Satellite Communications Limited started its activities in the early 80s and has grown to become one of the leaders in satellite communication and technical services in the Maritime Industry. Satlink Satellite has a strong global presence with offices in Cyprus, Greece, Middle East and Singapore.


TEL AVIV, ISRAEL / ACCESSWIRE / March 2, 2017 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, in further to its announcements dated on November 3, 2016 and January 26, 2017 that Plaza Centers N.V. ("Plaza") (LSE: PLAZ), an indirect subsidiary (45%) of the Company, has successfully completed the sale of Belgrade Plaza shopping and entertainment center, by one of its subsidiaries (the "SPV"), to a subsidiary of BIG Shopping Centers Ltd. (the "Purchaser"). Belgrade Plaza is currently the largest development underway in Serbia. The shopping center, which is currently over 90% pre-let, is on schedule to open in April 2017 and Plaza will remain responsible for the development and leasing of the asset until the opening. Plaza's subsidiary shall pay all related development costs until the opening through a line of credit from a financing bank which was previously agreed for the development of Belgrade Plaza to a maximum amount of Euro 42.5 million. Following the successful sale, Plaza has now received an initial advance payment of approximately Euro 31.5 million from the Purchaser for the sale of 100% of the SPV. This will be followed by further payments during the first 12 months of operation, which are subject to certain operational targets and milestones being met. BIG Shopping Centers Ltd. has provided a guarantee to secure these future payments. As previously stated, the final agreed value of Belgrade Plaza, which will comprise approximately 32,300 sqm of GLA, will be calculated based on a general cap rate of 8.25% on the sustainable NOI after 12 months of operation, which Plaza estimates will be approximately Euro 7.2-7.5 million per annum. Parts of the NOI will be re-examined again after 24 months and 36 months of operation, which may lead to an upward adjustment of the final purchase price. At least 75% of the net proceeds received from the disposal will be distributed to Plaza's bondholders by or before March 31, 2017, and further distributions will be made following receipt of any future additional payments, in line with Plaza's stated amended restructuring Plan. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial centers - initiation, construction, and sale of commercial centers and other mixed-use property projects, predominantly in the retail sector, located in Central and Eastern Europe. In certain circumstances and depending on market conditions, the Group operates and manages commercial centers prior to their sale. (ii) Hotel - operation and management of the Radisson hotel complex in Bucharest, Romania. (iii) Medical industries and devices - (a) research and development, production and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment, and (b) development of stem cell population expansion technologies and stem cell therapy products for transplantation and regenerative medicine. (iv) Plots in India - plots designated for sale initially designated to residential projects. Any forward-looking statements in our releases include statements regarding the intent, belief or current expectations of Elbit Imaging Ltd. and our management about our business, financial condition, results of operations, and its relationship with its employees and the condition of our properties. Words such as "believe," "expect," "intend," "estimate" and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Actual results may differ materially from those projected, expressed or implied in the forward-looking statements as a result of various factors including, without limitation, a change in market conditions, a decision to deploy the cash for other business opportunities and the factors set forth in our filings with the Securities and Exchange Commission including, without limitation, Item 3.D of our annual report on Form 20-F for the fiscal year ended December 31, 2015, under the caption "Risk Factors." Any forward-looking statements contained in our releases speak only as of the date of such release, and we caution existing and prospective investors not to place undue reliance on such statements. Such forward-looking statements do not purport to be predictions of future events or circumstances, and therefore, there can be no assurance that any forward-looking statement contained in our releases will prove to be accurate. We undertake no obligation to update or revise any forward-looking statements. Ron Hadassi Chairman of the Board of Directors Tel: +972-3-608-6048 Fax: +972-3-608-6050 ron@elbitimaging.com TEL AVIV, ISRAEL / ACCESSWIRE / March 2, 2017 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, in further to its announcements dated on November 3, 2016 and January 26, 2017 that Plaza Centers N.V. ("Plaza") (LSE: PLAZ), an indirect subsidiary (45%) of the Company, has successfully completed the sale of Belgrade Plaza shopping and entertainment center, by one of its subsidiaries (the "SPV"), to a subsidiary of BIG Shopping Centers Ltd. (the "Purchaser"). Belgrade Plaza is currently the largest development underway in Serbia. The shopping center, which is currently over 90% pre-let, is on schedule to open in April 2017 and Plaza will remain responsible for the development and leasing of the asset until the opening. Plaza's subsidiary shall pay all related development costs until the opening through a line of credit from a financing bank which was previously agreed for the development of Belgrade Plaza to a maximum amount of Euro 42.5 million. Following the successful sale, Plaza has now received an initial advance payment of approximately Euro 31.5 million from the Purchaser for the sale of 100% of the SPV. This will be followed by further payments during the first 12 months of operation, which are subject to certain operational targets and milestones being met. BIG Shopping Centers Ltd. has provided a guarantee to secure these future payments. As previously stated, the final agreed value of Belgrade Plaza, which will comprise approximately 32,300 sqm of GLA, will be calculated based on a general cap rate of 8.25% on the sustainable NOI after 12 months of operation, which Plaza estimates will be approximately Euro 7.2-7.5 million per annum. Parts of the NOI will be re-examined again after 24 months and 36 months of operation, which may lead to an upward adjustment of the final purchase price. At least 75% of the net proceeds received from the disposal will be distributed to Plaza's bondholders by or before March 31, 2017, and further distributions will be made following receipt of any future additional payments, in line with Plaza's stated amended restructuring Plan. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial centers - initiation, construction, and sale of commercial centers and other mixed-use property projects, predominantly in the retail sector, located in Central and Eastern Europe. In certain circumstances and depending on market conditions, the Group operates and manages commercial centers prior to their sale. (ii) Hotel - operation and management of the Radisson hotel complex in Bucharest, Romania. (iii) Medical industries and devices - (a) research and development, production and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment, and (b) development of stem cell population expansion technologies and stem cell therapy products for transplantation and regenerative medicine. (iv) Plots in India - plots designated for sale initially designated to residential projects. Any forward-looking statements in our releases include statements regarding the intent, belief or current expectations of Elbit Imaging Ltd. and our management about our business, financial condition, results of operations, and its relationship with its employees and the condition of our properties. Words such as "believe," "expect," "intend," "estimate" and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Actual results may differ materially from those projected, expressed or implied in the forward-looking statements as a result of various factors including, without limitation, a change in market conditions, a decision to deploy the cash for other business opportunities and the factors set forth in our filings with the Securities and Exchange Commission including, without limitation, Item 3.D of our annual report on Form 20-F for the fiscal year ended December 31, 2015, under the caption "Risk Factors." Any forward-looking statements contained in our releases speak only as of the date of such release, and we caution existing and prospective investors not to place undue reliance on such statements. Such forward-looking statements do not purport to be predictions of future events or circumstances, and therefore, there can be no assurance that any forward-looking statement contained in our releases will prove to be accurate. We undertake no obligation to update or revise any forward-looking statements. Ron Hadassi Chairman of the Board of Directors Tel: +972-3-608-6048 Fax: +972-3-608-6050 ron@elbitimaging.com


News Article | February 2, 2017
Site: www.theguardian.com

German prosecutors have raided the Frankfurt apartment of Deutsche Börse chief executive Carsten Kengeter and the company’s offices amid a probe into suspected insider share dealing ahead of the group’s planned merger with the London Stock Exchange. The Frankfurt prosecutor’s office said the investigation related to talks about a merger that took place between the management of Deutsche Börse and the LSE between July and early December 2015. The prosecutor’s inquiry centres on Kengeter’s purchase of Deutsche Börse shares worth about €4.5m (£3.8m) on 14 December 2015. Two months later, in February 2016, Deutsche Börse and the London Stock Exchange unveiled their merger plans, an announcement which sent their share prices soaring. The prosecutor’s office said several prosecutors and civil servants from the Hessen state office of criminal investigation had carried out searches at the company’s headquarters in Eschborn near Frankfurt and Kengeter’s private apartment in Frankfurt on Wednesday. Prosecutors said the searches were “intended to clarify the course of the negotiations until 23 February 2016,” when the merger plans were made public for the first time. Kengeter, who attended the company’s annual reception in London on Tuesday evening, was not present during the raids. A Deutsche Börse spokesman said Kengeter had always been “transparent” about the share purchase. The operator of the German stock exchange said on Wednesday that the Frankfurt public prosecutor’s office “today investigated at Deutsche Börse in respect of a share purchase by its chief executive officer which was carried out on 14 December 2015”. The share purchase was “in implementation of the executive board’s remuneration programme as approved by the supervisory board of Deutsche Börse”, it said. “Such a programme provides for an investment of the executive board members in shares of Deutsche Börse,” it added, saying that the company and Kengeter were cooperating fully with prosecutors. Deutsche Börse board chairman Joachim Faber said the accusations against Kengeter were “without foundation”, arguing that merger discussions with the London market between the two chairmen and chief executives did not begin until the second half of January 2016. The LSE backed its German counterpart on Thursday, saying: “LSE welcomes the strong statement of support by Joachim Faber, chairman of the supervisory board of Deutsche Börse who has described the allegations related to Carsten Kengeter as without foundation. We look forward to working towards completion of our proposed merger.” The London Stock Exchange and Deutsche Börse merger would create a financial markets giant able to compete with the Chicago Mercantile Exchange and ICE, the operator of the New York stock exchange, as well as the Hong Kong stock exchange. The planned merger, which has hit turbulence after last year’s shock decision by the UK to quit the EU, would create one of the world’s biggest groups for stock listings and market data, tying the Frankfurt-dominated eurozone to a post-Brexit London. The proposed deal has drawn sharp rebukes from France, Belgium, Portugal and the Netherlands, fearful for their own stock exchanges, owned by Euronext. Deep concerns over competition scuppered two earlier merger attempts by Deutsche Börse and the London market, in 2000 and 2005. Last month the LSE agreed to offload the French arm of clearing house LCH to Euronext in order to ease some of those fears. London hosts roughly €1.3tn (£1.1tn) of euro clearing transactions every year, but this has been put at risk by the UK vote to leave the EU. Deutsche Börse operates the Frankfurt exchange, as well as the Luxembourg-based clearing house Clearstream and the derivatives platform Eurex.


WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Habitat for Humanity San Fernando/Santa Clarita Valleys honored Princess Cruises and the Princess Cruises Community Foundation at its annual Hearts for Heroes Builders Ball last night. Also honored were seven surviving Santa Clarita veterans of World War II. The funds raised at the event will be used to complete the remaining 24 homes of a 78-home neighborhood for low-income veterans in Santa Clarita. The event took place at the Universal Sheraton Hotel in Universal City, CA. The event, with 470 guests in attendance, raised $291,000. Princess received the Hammer of Hope Award from Congressman Brad Sherman. The Hammer of Hope is this Habitat’s highest honor and is presented to extraordinary individuals or entities who are leaders in their fields and communities – specifically those who serve veterans and low-income families seeking to enter the middle class. Past recipients include Anheuser Busch, Home Depot, Citibank, Mayor Antonio Villaraigosa, The Gas Company, Primestor, and many others. Accepting the award on behalf of Princess was its Vice President of Public Relations, Brian O’Connor. Princess is a longtime sponsor of Habitat for Humanity SF/SCV and a few weeks ago hosted a TEAM Build at which Princess employees spent the day building veteran homes. WW II veterans being honored with a special tribute at the event were Lou Brousseau (Army Air Corps), Cal Erickson (Army Air Corps), Rex Gribble (Army Air Corps), Lloyd Lubensky (Army Air Corps), Richard Roelofs (Navy), Lee Shulman (Army Air Corps), and Tom Tucker (Navy). The award was presented by California State Assembly Member Dante Acosta. Completion of the veteran neighborhood in Santa Clarita will bring Habitat’s total to over 400 homes to date. Next year, they begin building 56 more Veteran homes in Palmdale and 12 Veteran homes in North Hollywood. What makes this Habitat affiliate even more special is their belief that, in order for families to truly be successful, affordable housing must include a supportive environment that encourages self-sufficiency in a neighborhood culture. This program, called the Enriched Neighborhood® model, provides no-cost programs such as financial training, health and wellness programs, and social services that are easily accessible in the neighborhoods where the families live. This allows their families to become self-sufficient and learn skills and necessary tools to move out of the endless cycle of poverty housing and into the middle class. These programs are especially cherished by returning veterans as they seek the comfort of others returning from service and the strength to reintegrate successfully into their community at home. This year’s event was chaired by Karen Brown, Sr. Vice President of First Bank, and hosted by actress Alison Haislip, sideline commentator for ABC’s “Battlebots” and celebrated pop culture TV, podcasting and webcasting personality. Other elected officials in attendance were California State Senator Robert Hertzberg, Los Angeles County Supervisor Kathryn Barger, Santa Clarita Mayor Pro Tem Laurene West, Los Angeles City Council Member Paul Krekorian, and Santa Clarita City Council Members Bob Keller and Marsha McLean. One of the best-known names in cruising, Princess Cruises is a global cruise line and tour company operating a fleet of 18 modern cruise ships renowned for their innovative design and wide array of choices in dining, entertainment and amenities, all provided with the experience of exceptional customer service. As world’s largest international premium cruise brand, Princess carries two million guests each year to more than 360 destinations around the globe on more than 150 itineraries ranging in length from three to 114 days. The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK). Additional information about Princess Cruises is available through a professional travel agent, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at princess.com. Habitat for Humanity San Fernando/Santa Clarita Valleys’ mission is to build affordable homes for low-income civilian and veteran families, and provide services that empower them to build brighter futures as homeowners. They are a locally run, independent, 501(c)(3) non-profit organization service North Los Angeles City and County, building houses and futures for low-income families. We currently specialize in building Enriched Neighborhood® communities which hold the promise to move low-income families up into the middle class and have built 320 homes to date. Learn more at www.HumanityCA.org and follow Habitat SF/SCV on Facebook and Twitter.

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