Day: May 10, 2022

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UK seeks to prevent repeat of P&O Ferries’ job cuts with new legislation

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Reuters UK

LONDON (Reuters) – Britain said on Tuesday it would introduce legislation giving its ports the power to refuse access to ferry services that do not pay the national minimum wage, as part of measures to prevent a repeat of P&O Ferries’ controversial job cuts. P&O Ferries’ fired nearly 800 employees without notice in March in favour of cheaper staff, a move that has since prompted a criminal investigation following sharp criticism over the company’s disregard for workers’ rights. The bill, announced as part of the government’s legislative agenda for the coming parliamentary session, would allow … Continue reading “UK seeks to prevent repeat of P&O Ferries’ job cuts with new legislation”

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Dante Labs receives grant by Italian government to pilot revolutionary CE-IVD, clinical whole genome sequencing-based Citizen Test for a G7 country, starting a new era in clinical genomics

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — Dante Labs, a global leader in genomics and precision medicine, is pleased to announce the Italian Ministry of Economic Development has selected Dante to develop and pilot the first fully-CE-IVD, clinically approved whole genome sequencing (WGS) test for the citizens of Italy to be named the Dante Citizen Test.

The goal of the project is to introduce clinical whole genome sequencing with clinical reports in the standard medical care of the country’s hospitals and healthcare system and is the first step to introduce whole genome sequencing in the national healthcare system of a European and G7 country. The test will leverage Dante’s proprietary Extensa software for reporting, interpretation and analysis of whole genome and medical data.

“Clinical whole genome sequencing will finally become a standard solution in public healthcare systems, not as a luxury for the few but as a right for every citizen, thanks to the Dante Citizen Test,” said Andrea Riposati, CEO of Dante Labs. “The effective use of whole genome sequencing in standard clinical care requires mastery at sequencing, interpretation and integration of medical information, at scale. This is what we have been doing at Dante. Now, with partnerships with forward looking governments, like Italy’s, we can impact millions of patients worldwide.”

The groundbreaking project will be overseen by the Dante’s newly appointed European Medical Genomics Board, which is made of national and multinational world leaders in genomics, including geneticists, molecular biochemists and clinical experts in pharmacogenomics, nutrigenomics and oncogenomics, prenatal, neonatal and pediatric rare diseases.

About Dante Labs

Dante Labs is a global genomic information company building and commercializing a new class of transformative health and longevity applications based on whole genome sequencing and AI. The Company uses its platform to deliver better patient outcomes from diagnostics to therapeutics with assets including one of the largest private genome databases with research consent, proprietary software designed to unleash the power of genomic data at scale and proprietary processes which enable an industrial approach to genomic sequencing.

Contact:

Laura D’Angelo
VP of Investor Relations
ir@dantelabs.com
+39 0862 191 0671
www.dantelabs.com

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Procter & Gamble announces new commitments and shares progress on actions to strengthen Equality & Inclusion across Asia Pacific, the Middle-East, and Africa

The commitments were announced at the P&G #WeSeeEqual regional summit that saw participation from global equality and inclusion advocates like Simone Biles, Dr.  Nawal Al Hosany, Anita Bhatia, Valerie Jarrett, among others

SINGAPORE, May 10, 2022 /PRNewswire/ — Procter & Gamble (NYSE:PG) today announced new commitments aimed toward advancing Equality & Inclusion across Asia Pacific, the Middle East, and Africa, at its fourth annual #WeSeeEqual summit for the region. The event saw participation from distinguished advocates and personalities from the private and public sectors who came together to discuss the challenges that society faces on equality and inclusion, and how different stakeholders can accelerate progress in the new normal.

Built on the theme, ‘#Unlearn and #Unleash‘, the summit saw P&G commit to several actions needed to advance progress towards creating an equal and inclusive world. P&G President for Asia Pacific, Middle East, and Africa, Magesvaran Suranjan, announced the following commitments:

  • P&G will spend a cumulative total of $300 million US dollars by deliberately working with women-owned and women-led businesses across the Asia Pacific, Middle East, and Africa region, from the year 2021 to 2025.
    • Last year, P&G committed to spending a cumulative total of $200 million US dollars by deliberately working with women-owned and women-led businesses across the region, from the year 2021 to 2025. With already more than $100 million US dollars invested through this initiative in the first year across the AMA region, the company is now elevating this commitment to $300 million US dollars by 2025.
  • P&G will achieve equal representation of female directors behind the camera for the company’s brand advertisements in Asia Pacific, Middle East, and Africa, by 2024.
    • In the AMA region, P&G has made strong progress, increasing representation of female directors from 16% in 2019 to 35% today. The company will achieve the 50-50 goal by 2024 through a comprehensive set of actions to build, fuel, and connect a pipeline of diverse female talent in advertising, media, and content.
  • P&G will improve the accessibility of its brand advertising, including social media content and websites, by making it accessible to people with sight and hearing impairments by 2024.
    • The company will do this for all new brand advertising across Asia Pacific, the Middle East, and Africa. This initiative will make P&G brands more inclusive and accessible to all members of our community.
  • P&G will introduce the ‘P&G ReLaunch program’ – to welcome back talented professionals who took a break from the workforce and are looking to restart their careers in STEM roles, with targeted support and development.
    • This program is part of the company’s commitment to strengthen diversity in STEM (Science, Technology, Engineering and Mathematics) and will focus on people looking to relaunch their careers in IT, Research & Development, and Product Supply. The program will be first launched in India, Egypt, Singapore, Japan, and the Philippines.

Magesvaran Suranjan said: “At P&G, we remain fully committed to creating a world where equal access and opportunity to learn, grow, succeed, and thrive are available to everyone. We believe in the power of our differences and the impact we can make when we come together, united by our shared values and purpose. We are making great progress, yet we know there is more work to be done. So we are announcing bold new commitments and expanding existing actions which will enable us to do more. We will continue to use the voice of our company and our brands in forums such as #WeSeeEqual to drive discussion and actions on the issues that matter.”

The company also shared strong progress on commitments across the Asia Pacific, Middle East, and Africa region made last year as part of the annual #WeSeeEqual summit. In 2021, P&G announced its ‘Share the Care’ parental leave policy, which has introduced greater leave benefits and flexibility for all new parents within the company. P&G has also achieved its commitment to achieving a 50-50 gender balance across its management workforce by 2022 in the AMA region, completing this ahead of schedule. On its commitment to educate more than 30 million girls on puberty and hygiene by 2024, through its brands Always and Whisper‘s “Keeping Girls in School” program, the company has already reached more than 15 million girls, achieving the halfway mark in one year.

Held in partnership with UN Women, the fourth annual regional #WeSeeEqual Summit engaged business leaders, government officials, and personalities in candid conversations around strategic actions that can be taken to advance equality and inclusion.

In addition to global and regional P&G leaders, the Summit also saw the participation of influential personalities and global leaders, including:

  • Simone Biles, the world’s most decorated gymnast
  • Valerie Jarrett, Chief Executive Officer, The Barack Obama Foundation
  • Her Excellency Dr. Nawal Al Hosany, UAE’s permanent representative to the International Renewable Energy Agency (IRENA)
  • Anita Bhatia, Assistant Secretary-General and Deputy Executive Director, UN Women
  • Alma Har’el, award-winning director, founder of Free the Bid and FREE THE WORK
  • Dr. Hsien Hsien Lei, Chief Executive Officer, The American Chamber of Commerce, Singapore
  • Scott Beaumont, President, Google – Asia Pacific
  • Lillian Barnard, Chief Executive Officer, Microsoft – South Africa

To inspire corporates and society alike, the summit also hosted P&G’s Chief Operating Officer, Shailesh Jejurikar, and the company’s Chief Brand Officer, Marc Pritchard to share their experiences and insights on the importance of leadership to drive equality and redefine inclusion behind the camera.

The #WeSeeEqual program demonstrates P&G’s continued commitment to creating a more equal and inclusive world and is also a winner of the U.S. Secretary of State’s Award for Corporate Excellence for Women’s Empowerment in 2019. As one of the world’s largest advertisers, P&G and its brands will also continue to leverage their influential voice in media and advertising to drive further awareness, tackle gender bias, spark conversations, and motivate change.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

Photo – https://mma.prnewswire.com/media/1814474/WSE_2022_KV_FINAL_1.jpg
Logo – https://mma.prnewswire.com/media/1571597/Procter_and_Gamble_logo.jpg

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Eurora Solutions is participating in the World Mail & Express EMEA conference

Eurora management team: (from left) Marko Lastik (founder), Anneli Aljas (CFO), Egon Veermäe (COO).

Eurora Solutions raises $40M in Series A to tackle e-commerce shipping delays caused by EU regulation changes.

TALLINN, Estonia, May 10, 2022 (GLOBE NEWSWIRE) — Eurora Solutions, an Artificial Intelligence/Machine Learning-backed (AI/ML) cross-border e-commerce compliance platform, is pleased to announce that its management team will take part in the World Mail & Express EMEA conference between 10-12 May in Dubai, United Arab Emirates.

The Company’s attendance follows Eurora’s oversubscribed $40m Series A round, announced last month. Eurora plans to use the funds for global expansion, including in the Middle East, where rapid and high growth in the sector is expected – between 2016 and 2020 alone, the size of the e-commerce industry quadrupled in the region.

On Wednesday 11th of May, Eurora’s COO, Egon Veermäe, will present the company introduction titled “Reshaping Cross-Border Trade with AI-Based Solutions,” which will give an overview of Eurora’s AI/ML-based e-commerce compliance platform that automates tax, compliance and customs services and can be used by online sellers, marketplaces, logistics and postal companies, and tax and customs authorities.

Eurora’s COO, Egon Veermäe, said: “I look forward to introducing Eurora at this leading e-commerce conference. Our platform is already used by hundreds of clients worldwide helping with tax and customs procedures. We view the Middle East as a priority market, and I’m confident that we’ll be able to find new potential partners that could benefit from Eurora’s platform and add value to our existing customers.”

Eurora’s platform automatically processes 5,000 requests per second with up to 96% accuracy, the highest level of accuracy, speed, and automation available on the market. It operates at a fraction of the time and price of hybrid or manual code allocation solutions commonly used today. It assigns e-commerce products an appropriate HS code, calculates the applicable VAT and duty amounts, and automatically creates electronic declarations for duties and taxes via simple API integration.

Interested parties can learn more about Eurora’s proprietary e-commerce compliance platform at Eurora’s conference booth no 15 located at the InterContinental Dubai Festival City.

The following representatives of Eurora will be present at the WMX EMEA and available for meetings:

For more information:   

Name Position
Anneli Aljas CFO pr@eurora.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/155b829d-c159-43eb-823a-8bb9d8e080e9

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Huawei OceanStor Distributed Storage Is Named as a 2022 Gartner Peer Insights Customers’ Choice for Distributed File Systems and Object Storage

SHENZHEN, China, May 10, 2022 /PRNewswire/ — Gartner Peer Insights recognized Huawei OceanStor distributed storage as a Customers’ Choice in the 2022 Gartner Peer Insights ‘Voice of the Customer’: Distributed File Systems and Object Storage report. Scoring 4.9 out of 5 points on the annual Gartner Peer Insights platform, Huawei OceanStor distributed storage ranked first among all global vendors.

Gartner Peer Insights is an online ratings and reviews platform for IT software and services. The reviews are written and read by IT professionals and technology decision-makers worldwide. It includes more than 380,000 verified reviews from end-users who have experience purchasing, implementing, or using products or services in over 360 markets. Each year, vendors with high customer ratings are named a Gartner Peer Insights Customers’ Choice, helping IT leaders make more informed purchasing decisions.

As of January 31, 2022, Huawei OceanStor distributed storage products and solutions had received many positive reviews from customers around the world and in various industries, such as finance, carrier, manufacturing, energy, media, healthcare, and education. These reviews cover everything from system architecture, product functionality, and deployment to O&M, service, and support. All of these highlight how global customers think of Huawei OceanStor distributed storage in terms of industry position, deployment scale, and commercial use maturity.

“We are very grateful for our customers sharing their opinions on Gartner Peer Insights. Our only goal is to provide solutions and products that make our customers happy,” Mr. Wang Yidong, President of Huawei Distributed Storage Domain, said, “We will continue to focus on our customers’ needs and keep providing efficient and reliable distributed storage products and solutions to safeguard innovative services in each and every industry.”

Confirming this customer focus, one industry architect commented, “We are deeply impressed by the customer-centric working attitude of Huawei engineers. The product itself is very responsive, easy to use for unstructured data, and highly scalable.”

“We need a new type of storage to replace the traditional centralized storage. After POC test, we found that the reliability and scalability of Huawei distributed storage can be realized. The storage capacity can be expanded quickly and the management interface functions are complete,” wrote one IT technical director in the finance industry.

A review from a CTO in the manufacturing sector stated, “Huawei is experienced on distributed storage product. The storage is stable with different networks. And I do like the unified platform idea.”

Specially designed to accommodate mass data, Huawei OceanStor distributed storage provides diversified storage services for high-performance computing (HPC), big data analytics, video, content repository/backup and archiving, virtualization, and cloud resource pools. It helps enterprises fully unleash the value of mass data.

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Hitachi Energy launches game-changing power semiconductor module globally for all types of electric vehicles

High-performance power electronics take e-mobility to the next level and advance a more sustainable energy future for all

Zurich, Switzerland, May 10, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, the global technology and market leader in power grids, today announced it will launch globally RoadPak, its pioneering power semiconductor module for electric vehicles at PCIM Europe, the world’s leading power electronics trade fair in Nuremberg, Germany, May 10-12.

RoadPak sets a new benchmark in electric vehicle performance. This compact module uses state-of-the-art silicon carbide (SiC) technology to achieve exceptional levels of power density for faster charging, reliability over the vehicle’s lifetime, and the lowest possible power losses for the longest possible driving range.

“RoadPak is the result of more than 100 years of Hitachi Energy innovation and market leadership in power electronics,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “Along with our Grid-eMotion™ Flash and Fleet EV charging systems, it builds on our commitment to take e-mobility to the next level and advance a more sustainable energy future for all.”

Tested by many EV manufacturers and with two seasons of flawless performance with the Mahindra Racing Formula E team, RoadPak is available in both the 750 volt and 1,200 volt ranges. This makes it ideal for all types of electric vehicle – regular and luxury cars, commercial vehicles, buses, agricultural EVs, heavy-duty trucks and high-performance racing cars.

“We have had the privilege of piloting this advanced power module on our Mahindra M7Electro and M8Electro racing cars over the last two years, which has proven to significantly increase performance and reliability,” said Dilbagh Gill, CEO and Team Principal of Mahindra Racing. “This high technology improvement allows us to develop next-generation state-of-the-art green automotive solutions and improve driving experience.”

Power semiconductors are a critical component in electric vehicles. They are the heart of the inverter, which converts DC power from the vehicle’s battery into the AC power that drives the motor. Reliability is key. RoadPak semiconductors are designed to operate faultlessly for more than four million start-stop cycles over the vehicle’s lifetime.

The EV market is growing exponentially. Global sales of electric cars grew 40 percent in 2020 and almost doubled in 2021.1 In addition, all major car manufacturers have committed to phase out their petrol and diesel vehicles by 2030 or earlier.

Hitachi Energy has two separate manufacturing sources supporting security of supply worldwide for its SiC-based power semiconductor products, including RoadPak. The company makes its own SiC chips at its semiconductor factory in Switzerland and is supported by an independent SiC chip manufacturer in the United States, thereby securing supply in terms of both volumes and geographic availability.

Hitachi Energy’s advanced semiconductor technology is a key component in its grid integration solutions that enable vast amounts of renewable energy to flow reliably through power grids and between nations. They are also key to the traction converter systems that drive high-speed electric trains and metros, and the electric vehicles that are making road transportation clean and sustainable.

Notes to the Editor:

1. According to the International Energy Agency and World Economic Forum respectively: https://www.iea.org/news/global-electric-car-sales-set-for-further-strong-growth-after-40-rise-in-2020 and https://www.weforum.org/agenda/2022/02/electric-cars-sales-evs/.

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billions of yen (84,136 millions of U.S. dollars), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachments

Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com