DISTRIBUTION PARTNERSHIP...
HONG KONG: Arrow Electronics Australia Pty Ltd. Tuesday announced a
distribution partnership in Australia and New Zealand with Renesas Technology
Corp (Renesas), a global leader in the semiconductor market.
http://www.renesas.com
http://www.arrowasia.com
FLEXTRADE ACQUIRES...
NEW YORK: FlexTrade Systems Inc. has acquired a 72% majority stake in
FIT-Traderforce, a European leading provider of financial information
platforms, in an all cash deal.
http://www.traderforce.com
http://www.flextrade.com
FOREX TRANSACTIONS...
AUCKLAND: "Local companies are going online faster than in the US to carry
out increasingly large numbers of cross-border business transactions," says
Fraser Jeffries, Vice President Asia Pacific for Custom House Global Foreign
Exchange.
http://www.customhouse.com
ALCAN RESPONDS...
MONTREAL: Alcan Inc. Monday affirmed, in consultation with its independent
registered public accounting firm, PricewaterhouseCoopers LLP, that it does not
expect any of its previously reported consolidated financial statements to be
affected by the review which Novelis Inc. has announced it will conduct
respecting Novelis' own financial reporting.
AUTO SHOW...
LOS ANGELES, Calif.: Chris Bangle, BMW Group's chief of design, will provide
an engaging and thought-provoking look into the world of design as the opening
speaker for the Design Los Angeles automobile designers' conference at the Los
Angeles Auto Show.
http://www.LAautoshow.com
EARNINGS RESULTS...
SAO PAULO: Banco Bradesco, Brazil's largest private bank, posted a 102.3 per
cent on-year jump in net income of R$4.051 billion in the 9-month period of
2005 (equivalent to EPS of R$ 8.26), compared to a net income of R$ 2.002
billion in same period of 2004 (equivalent to EPS of R$ 4.22).
http://www.bradesco.com.br/ir
HEALTHCARE REPORT...
WASHINGTON, D.C.: Faced with rising costs, diminished resources and growing
demands, health systems around the world are under siege and many will be
unsustainable within 15 years unless fundamental change occurs, according to
PricewaterhouseCoopers in a groundbreaking report released Monday.
http://www.pwcglobal.com
EXCELLENCE AWARD...
FARMINGTON, Conn.: Otis, a unit of United Technologies Corporation and the
world's leading elevator and escalator company, was awarded the prestigious
Quality Innovation Partnership Award (QUIP) for excellent customer service by
M+W Zander, a leading facility management company.
http://www.otis.com
PROCESS TECHNOLOGY...
SEOUL and SUNNYVALE, Calif.: MagnaChip Semiconductor, Ltd. (MagnaChip), a
leading worldwide semiconductor foundry, and Advanced Analogic Technologies
Incorporated (AnalogicTech), a developer of power management semiconductors for
mobile consumer electronic devices, Monday announced the installation of
AnalogicTech's proprietary 0.35-micron multi-voltage mixed-signal ModularBCD
process technology in MagnaChip's advanced 200-mm submicron fabrication
facilities in South Korea.
http://www.analogictech.com
http://www.magnachip.com
INNOCENTIVE WINS...
ANDOVER, Mass.: InnoCentive Monday announced that it has won the Wharton
Infosys Business Transformation Award (WIBTA) 2005, in the "Enterprise Business
Transformation" category.
http://www.infosys.com
http://www.innocentive.com
HDTV SOLUTION...
HONG KONG: Arrow Asia Pac Ltd. (Arrow) has just announced an exclusive
partnership agreement with leading Independent Design House (IDH), Innor Tech
(Innor), a rapidly growing Hong Kong-based company.
http://www.arrowasia.com
http://www.innortech.com
KN APPOINTS...
TOKYO: Kenmar-Nihon Venture Capital, LLC (KN) Monday announced the
appointment of Mr. Toyoo Gyohten to its International Advisory Board (IAB),
chaired by the Right Honourable Jean Chraac?tien, former Prime Minister of
Canada.
(AsiaNet is a consortium of leading news agencies
distributing unedited, translated news releases for worldwide
clients. Visit www.asianetnews.net for full-text versions.)