Asian shares rise to seven-month high on US, China manufacturing rebound

Moneycontrol.com | April 02, 2019

Asian shares rise to seven-month high on US, China manufacturing rebound
Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the US Treasury market in nearly three months. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent to a seven-month high after rallying more than one percent in the previous session.
Australian shares gained 0.8 percent while Japan's Nikkei advanced 0.4 percent, extending its gains for a third session. Wall Street shares jumped on Monday, with the S&P 500 and Dow Jones Industrial Average both rising more than one percent, with the Dow lifted by sharp gains in Caterpillar Inc and Boeing Co.

Spotlight

According to a recent study, the global single-use technology biopharmaceutical market reached $1.7 billion in 2014, a $0.3 billion jump from the year prior. Looking at the period of 2014 - 2019, the market is predicted to expand at a compound annual growth rate of 11.7 percent to almost $3 billion.

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USI Announces Completion of the Asteelflash Acquisition

prnewswire | December 03, 2020

All inclusive Scientific Industrial a world-driving organization in electronic plan, fabricating administrations, and modularization arrangement, is satisfied to report today that it has effectively finished the securing of Asteelflash Group through the obtaining of its parent organization, AFG S.A.S. Accordingly, USI will control a greater stage with a worldwide impression of 27 assembling areas in 10 nations, more than 24,000 representatives and a consolidated income of over US$7 billion. Following the Acquisition, Asteelflash's present supervisory crew will stay with the organization. USI and Asteelflash will, through two organizations' merged worldwide impression and mechanical capacities, make more an incentive by focusing on new end-market fragments and clients. The Acquisition will enable USI to quicken its extension of abroad assembling locales and operational frameworks to satisfy the market need in Europe and the U.S., along these lines winning an advantage in the advancing new multipolar world, whereby a rebuilding of worldwide flexibly chain is going through. From a business advancement point of view, the Acquisition will upgrade and enhance USI's current client portfolio and income organization, adding to an overall business development later on. Asteelflash, then again, will use USI's innovative abilities to catch business openings from its significant clients, meaning to help its business development to become arising local heroes. "The acquisition of Asteelflash is a critical step for USI to implement the 'modularization, diversification, and globalization' strategy," said Jeffrey Chen, Chairman of USI. "After the signing of the acquisition agreement, in response to the COVID-19 pandemic, Asteelflash adjusted its operations to effectively control cost, and has performed well overall. After closing, I believe that USI and Asteelflash management team will quickly implement the intended synergy plan, including sales, supply chain management and technology collaboration. We will work together to jointly expand our world leadership position to further improve our service to our global customers' needs with localized operations and attract global talents to enhance our core competitiveness to achieve a sustainable development goal," concluded Chen.

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Else Provides U.S. Launch and Production Update on Retail

prnewswire | December 21, 2020

Else Provides U.S. Retail Launch and Production Update Else Provides U.S. Retail Launch and Production Update The Company dispatched its Else Plant-Based Complete Nutrition for Toddlers in mid-August of this current year on elsenutrition.com, trailed by a dispatch on Amazon.com in late September, where it turned into the #1 on Amazon's top rated up and coming deliveries in Baby and Toddler Formula classification. The Company is glad to refresh that Customer input is overwhelmingly sure with elevated level of fulfillment with item quality and impact on kids. The company has sloped up its creation intends to satisfy need in 2021. With the assistance of a few retail handles, Else has just recorded its item with five (5) common food retail chains, with a sum of 380 stores. In November, Else got the principal buy orders from KeHE Distributors, and transported item to the initial five dissemination habitats initiated by KeHE for Else across the U.S., expecting to have item on retail retires for the coming Christmas season. Item was dispatched to KeHE's Distribution Centers , and will be delivered to retail chains during the following 90 days to accommodate request. Production: The company commenced on its fourth commercial assembling run since July this year, and keeps on building stock to support the on the web and retail development in the U.S. market. "We continue to refine our manufacturing process to consistently produce high quality, easily dissolved and tasty product," said Ms. Hamutal Yitzhak, CEO and Co-Founder of Else. "Having a consistent, high quality, efficient and scalable manufacturing process is a critical pillar of our business and future success," she added. About Else Nutrition Holdings Inc. Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the "2017 Best Health and Diet Solutions" award at the Global Food Innovation Summit in Milan. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else's Executives includes leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children's Hospital, Pediatrics at Harvard Medical School, USA, Tel Aviv University, Schneider Children's Medical Center of Israel, Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium.

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3DEO | November 12, 2020

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Spotlight

According to a recent study, the global single-use technology biopharmaceutical market reached $1.7 billion in 2014, a $0.3 billion jump from the year prior. Looking at the period of 2014 - 2019, the market is predicted to expand at a compound annual growth rate of 11.7 percent to almost $3 billion.