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KKR Expands Asia Pacific Leadership Team With New Appointments in China, Korea, and Singapore

KKR & Co. L.P. via Businesswire 04:00 GMT Tuesday 30th August 2016

KKR today announced that the firm is making important additions to its private equity investment team in Asia, specifically a change in leadership in China and the addition of new senior investment talent in China, Singapore and Korea. Ming Lu, a Member of KKR and Co-Head of Asia Private Equity, has been named sole Head of Asia Private Equity. KKR Members David Liu, Co-Head of Asia Private Equity and Head of China, and Julian Wolhardt, are leaving KKR at the end of this year to form a new China-focused investment firm. They will transition to KKR Advisors beginning in 2017. Ming Lu will serve as Interim Head of China until the Firm appoints a successor. Ming Lu will continue to report to Joseph Bae, who also will continue in his role as Managing Partner of KKR Asia with offices in both New York and Hong Kong. “David and Julian have helped build the strong franchise we ha...

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Cabot Corporation to Introduce Reinforcing Materials for Weather Stripping Applications in Asia

Cabot Corporation (NYSE: CBT) recognizes that the continued development of the automotive market in China has driven increased sophistication in automotive rubber part applications. As a result, Cabot is introducing ...[Published 30-08-2016 04:00:00 GMT]

Intelsat Announces Exchange Offer and Consent Solicitation of Certain Notes of Intelsat Jackson Holdings S.A.

Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has comm...[Published 30-08-2016 03:46:00 GMT]

EU Set to Rule Apple Tax Deals With Ireland Illegal

The European Union’s antitrust regulator is poised to rule as soon as Tuesday that Apple’s tax arrangements with Ireland have breached the bloc’s state-aid rules, according to people familiar with the matter. Read More:[Published 30-08-2016 03:33:10 GMT]

Fed's Dislike of Negative Interest Rates Points to Limits of Stimulus

Fed officials don’t think negative rates are needed in the U.S. because the economy and job market are improving and they are hoping they will never have to use them in the future given their uncertainty about whether the policy works. Read More...[Published 30-08-2016 03:25:29 GMT]

Marksmen Releases Financial Results for Three and Six Months Ended June 30, 2016

CALGARY, ALBERTA -- (Marketwired) -- 08/29/16 -- Marksmen Energy Inc. (TSX VENTURE: MAH)(OTCQB: MKSEF) ("Marksmen") reports its financial results for the three and six months ended June 30, 2016. The interim financial statements and Management's Di...[Published 30-08-2016 03:24:00 GMT]

Samsung Mass Produces 14-Nanometer Exynos Processor with Full Connectivity Integration

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today announced that it has begun mass production of Exynos 7 Quad 7570, the company’s newest mobile application processor (AP) built on...[Published 30-08-2016 03:15:00 GMT]

Judge: Kim Dotcom can livestream legal fight against the US

WELLINGTON, New Zealand (AP) — Internet entrepreneur Kim Dotcom will be allowed to livestream his legal bid to halt his extradition to the United States, a New Zealand judge ruled Tuesday. Read More:[Published 30-08-2016 03:09:33 GMT]


NEW ORLEANS, Aug. 29, 2016 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until to file lead plaintiff applications in a securities...[Published 30-08-2016 03:07:00 GMT]

Unleashed Helps Food Manufacturing Start-Ups Accelerate Production

Unleashed Software, the innovative cloud based inventory software developer, has expressed its commitment to help food manufacturing start-ups capitalize on the surge in consumer demand for natural, organic and non-GMO foo...[Published 30-08-2016 03:06:00 GMT]

American Airlines President Moves to United Continental

The president of American Airlines left the company Monday but immediately moved into the same role at rival United Continental, in an unusual management shake-up in the competitive airline industry. Read More:[Published 30-08-2016 02:59:04 GMT]

Airbag Propellant Bound for Takata Factory Detonates en Route

The truck was carrying Takata airbag inflaters and ammonium nitrate, the propellant used in them, when it crashed and exploded in Texas. Read More:[Published 30-08-2016 02:57:03 GMT]

Oil prices rise as dollar retreats from two-week high

Oil futures edged up on Tuesday as the U.S. dollar erased earlier gains, but doubts that producers would be able to agree to an output freeze continued to drag on prices. International Brent crude oil futures were trading at $49.34 per barrel at ...[Published 30-08-2016 02:54:46 GMT]

Carol Kane says Gene Wilder gave her a second chance

LOS ANGELES (AP) — At age 23, Carol Kane was fresh off a Best Actress Oscar nomination with no prospects on the horizon. The phone hadn't rung for a year, she said. Then Gene Wilder called. Read More:[Published 30-08-2016 02:50:45 GMT]

Uber and Alphabet’s Rivalry Heats Up as Director Chooses Sides

David Drummond’s having a hand in each company became untenable as the two converge on mapping technologies, ride sharing and autonomous cars. Read More:[Published 30-08-2016 02:42:59 GMT]

Walton Edgemont Development Corporation Reports Second Quarter 2016 Fiscal Results

Walton Edgemont Development Corporation (the “Corporation”) announced today its results for the second quarter of 2016. The Corporation was launched in 2011 to provide investors with the opportunity to participate in t...[Published 30-08-2016 02:40:00 GMT]

Volkswagen decides not to sue South Korea over sales ban

Volkswagen decided against suing South Korea which last month suspended sales of most of its models and slapped a fine of 17.8 billion won ($15.93 million) on the German carmaker. Instead, Volkswagen will try to achieve certification for the affe...[Published 30-08-2016 02:30:04 GMT]

Toshiba Multifunction Peripherals' Outstanding Environmental Performance Achieve Excellent ECP Elite Certification

Toshiba Tec Corporation (TOKYO:6588) announced today that all of its newly-engineered multifunction peripherals (MFPs): the e-STUDIO2500AC series, e-STUDIO5005AC series, e-STUDIO7506AC series, e-STUDIO5008A ...[Published 30-08-2016 02:30:00 GMT]

'Willy Wonka' star Gene Wilder dead at 83

Gene Wilder, who delighted audiences with his comic turns in "Willy Wonka & the Chocolate Factory" and Mel Brooks classics including "Blazing Saddles" and "The Producers," died at age 83. "It is with indescribab...[Published 30-08-2016 02:22:12 GMT]

Actor Gene Wilder, star of Mel Brooks movies, dies at 83

Gene Wilder, the frizzy-haired actor who brought his deft comedic touch to such unforgettable roles as the neurotic accountant in "The Producers" and the mad scientist of "Young Frankenstein," ... Read More:[Published 30-08-2016 02:20:06 GMT]

Antibe Therapeutics Reports Q1 2017 Interim Financial and Operating Results

Antibe Therapeutics Inc. ("Antibe") (TSXV:ATE, OTCQX:ATBPF) filed its financial and operating results on Monday, August 29 for the fiscal quarter ended June 30, 2016. The Corporation’s unaudited fiscal Q1 2017 interim co...[Published 30-08-2016 02:08:00 GMT]

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