LUXEMBOURG

Soundreef Celebrates a Milestone for Copyright Management in Italy and Europe

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Entertainment, Patent Law, TV and Radio, Music, Licensing (Entertainment), Diamond, Federica Abbate, European Court, Freedom, Modern Family, Giancarlo Bigazzi, PRO, Judgement, The Newton Brothers, Justice, Legislation, Multimedia, Court, State

The European Court of Justice has issued a groundbreaking decision that opens the Italian copyright management market to Independent Management Entities.

Key Points: 
  • The European Court of Justice has issued a groundbreaking decision that opens the Italian copyright management market to Independent Management Entities.
  • Soundreef , a leading independent management entity in Europe, celebrates this significant victory for the rights of authors, composers, and publishers to choose their representation in the copyright management sector.
  • In addition, SESAC Performing Rights has chosen Soundreef to represent its extensive repertoire in Italy, effective January 1, 2024.
  • E-Lex is, from the very beginning, the law firm that assisted Soundreef in the main disputes in the field of copyright and copyright management.

Corporacion America Airports Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 20, 2024
Other Transport, Air, Transportation, Transport, Travel, PAX, Euro, Growth, ARS, International, Section, Adjustment, Zvartnots International Airport, Yoy, CAAP, Airport, Inflation, USD, Government, LTM, Airline

Delivered YoY increases across key operating metrics:

Key Points: 
  • Delivered YoY increases across key operating metrics:
    13.1% in passenger traffic to 20.7 million, reaching 99.1% of 4Q19 levels.
  • Adjusted EBITDA margin ex-IFRIC12 expanded to 92.9% from 37.4% in 4Q22, or to 41.1% when excluding the Natal positive impact.
  • Net debt to LTM Adjusted EBITDA improved to 1.4x as of December 31, 2023, from 1.6x as of September 30, 2023.
  • Commenting on the results for the quarter Mr. Martín Eurnekian, CEO of Corporación América Airports, noted: “The strong momentum experienced throughout the year continued into the fourth quarter, with passenger traffic growing 13% year-on-year and revenue growth ex-IAS29 surpassing the increase in traffic.

xSuite on the Road in Benelux

Retrieved on: 
Monday, March 18, 2024
Software, Technology, Data Management, Cloud, ISA, Automation, Road show, SAP S/4HANA, News, SAP, B2B, Video game

These topics are the focus of the upcoming xSuite Benelux BV roadshow in Mechelen (26 April) and Dordrecht (2 May).

Key Points: 
  • These topics are the focus of the upcoming xSuite Benelux BV roadshow in Mechelen (26 April) and Dordrecht (2 May).
  • Visitors will learn how xSuite solutions can be used to set up future-proof P2P processes for SAP S/4HANA.
  • At its roadshow, xSuite will demonstrate how companies can automate and optimize P2P processes on the SAP S/4HANA platform on their journey to a clean core.
  • Another block of the roadshow provides the latest on the upcoming e-invoicing obligation as well as an outlook on new xSuite products.

Accenture to Expand Public Service Digital Transformation Capabilities Across Europe with Acquisition of Arηs Group

Retrieved on: 
Monday, March 18, 2024
Technology, Mobile, Wireless, Security, Professional Services, Software, Networks, Data Analytics, Data Management, Artificial Intelligence, Informatics, Data science, History, Acquisition, AI, European, Workforce, Public sector, Machine learning, Multimedia, European Commission, System, Retail

Accenture (NYSE: ACN) has agreed to acquire Arηs (pronounced Aris) Group, a technology services provider focused on supporting public sector transformation across Europe.

Key Points: 
  • Accenture (NYSE: ACN) has agreed to acquire Arηs (pronounced Aris) Group, a technology services provider focused on supporting public sector transformation across Europe.
  • View the full release here: https://www.businesswire.com/news/home/20240315763651/en/
    Accenture has agreed to acquire Arηs (pronounced Aris) Group, a technology services provider focused on supporting public sector transformation across Europe.
  • For example, many public service organizations work with Arηs Group for its specialists focused on cross-border security and data challenges.
  • “The addition of Arηs Group will expand our ability to deliver public service transformation services across Europe,” said Olivier Girard, market unit lead for Accenture France & Benelux.

AHF Urges Trinidad and Tobago to Sidestep Greedy GSK

Retrieved on: 
Friday, March 15, 2024
AIDS, Public Policy, Government, Health, Infectious Diseases, Advocacy Group Opinion, Pharmaceutical, ARV, GSK, HIV, COVID-19, AHF, Caribbean region of Colombia, Letter, AIDS Healthcare Foundation, Face, Biosimilar, Pharmaceutical industry

AIDS Healthcare Foundation (AHF) is calling on the government of Trinidad and Tobago to consider issuing a compulsory license for Tivicay (dolutegravir), a GSK antiretroviral (ARV) drug that treats HIV, which currently costs 25 times more than available biosimilar generics in neighboring Caribbean countries.

Key Points: 
  • AIDS Healthcare Foundation (AHF) is calling on the government of Trinidad and Tobago to consider issuing a compulsory license for Tivicay (dolutegravir), a GSK antiretroviral (ARV) drug that treats HIV, which currently costs 25 times more than available biosimilar generics in neighboring Caribbean countries.
  • In February, AHF and the Medical Research Foundation of Trinidad & Tobago sent a letter to GSK CEO Dame Emma Walmsley, which in part stated, “We urge you to address the lack of access to the antiretroviral drug Tivicay in Trinidad due to its high cost by lowering its price in line with biosimilar generics available in the Caribbean Region – or by committing not to threaten legal action against the purchase of a generic version of Tivicay.”
    To date, GSK has yet to respond to the letter.
  • Currently, Tivicay is under patent protection in Trinidad and Tobago, and GSK has threatened legal action if the country decides to import affordable generic ARVs.
  • “As a small island nation, Trinidad and Tobago is still recovering from the economic and social consequences of COVID-19 – paying 25 times more to provide lifelong HIV treatment for its people is untenable,” said AHF President Michael Weinstein.

AM Best Removes From Under Review With Negative Implications; Withdraws Credit Ratings of Stonefort Insurance S.A.

Retrieved on: 
Friday, March 15, 2024
Banking, Professional Services, Insurance, Finance, Stonefort, Illinois, EUR, Risk management, ALL, History, News, Credit, AM Best, Geography

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Stonefort Insurance S.A. (Stonefort Insurance) (Luxembourg).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Stonefort Insurance S.A. (Stonefort Insurance) (Luxembourg).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Corporación América Airports Announces Fourth Quarter 2023 Financial Results Call and Webcast

Retrieved on: 
Thursday, March 14, 2024
Other Transport, Air, Transportation, Transport, Travel, Telephone, CAAP

Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Fourth Quarter 2023 results on Wednesday, March 20, after market closes.

Key Points: 
  • Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Fourth Quarter 2023 results on Wednesday, March 20, after market closes.
  • We remind all participants to connect through the telephone in order to ask questions.

Auna Announces Launch of Initial Public Offering

Retrieved on: 
Thursday, March 14, 2024
Health, Hospitals, Other Health, Health Insurance, Managed Care, General Health, Citigroup, J. P. Morgan, Madison Avenue, Form, Telephone, Morgan Stanley, Sale, Lexington Avenue, Prospectus, BTG Pactual, Auna, HSBC, Varick Street, 2nd Floor, J.P. Morgan & Co., Security (finance)

Auna S.A. (“Auna”) today announced that it has launched its initial public offering of 30,000,000 class A ordinary shares (“class A shares”), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).

Key Points: 
  • Auna S.A. (“Auna”) today announced that it has launched its initial public offering of 30,000,000 class A ordinary shares (“class A shares”), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).
  • Auna is seeking to raise approximately US$420.0 million based on the mid-point of the price range for the offering which is between US$13.00 and US$15.00 per class A share.
  • The class A shares are expected to be listed on the New York Stock Exchange under the ticker symbol “AUNA”.
  • In connection with the offering, Auna expects to grant to the underwriters a 30-day option to purchase up to an additional 4,500,000 class A shares at the initial public offering price.

Tango Networks, the Leader in Business Mobile Telecommunications, Is Excited to Announce the Launch of Its Latest Innovation, Global Pass

Retrieved on: 
Tuesday, March 12, 2024
Technology, Mobile, Wireless, Networks, Telecommunications, Smartphone, Pass, ESIM, UC, Carbon footprint, Communication, Fear, Senior, Network, Geography, Unified communications, BYOD, Multimedia, Mobile phone

Tango Networks today announced Global Pass , a single rate subscription plan for Tango Extend across 39 countries.

Key Points: 
  • Tango Networks today announced Global Pass , a single rate subscription plan for Tango Extend across 39 countries.
  • View the full release here: https://www.businesswire.com/news/home/20240312069630/en/
    Tango Extend Global Pass sets the new benchmark for global business mobile communications under a single subscription plan.
  • Now, with Global Pass, Tango Extend subscribers enjoy a single fixed-rate business mobile service across 14 Home countries with seamless roaming in a further 25 Home Away countries across Europe and North America.
  • Global Pass liberates mobile communication from borders, enabling employees to stay connected effortlessly while traveling or working internationally.