TAMPA, Fla., Sept. 20, 2023 (GLOBE NEWSWIRE) — WilsonHCG has been recognized as the No. 1 Recruitment Process Outsourcing (RPO) provider in HRO Today’s 2023 Baker’s Dozen List.
The longest-standing customer satisfaction survey in the RPO industry, HRO Today’s Baker’s Dozen List is designed to highlight the world’s top RPO providers and lends transparency into the RPO partnerships that are most impactful. Providers are rated on a range of factors including breadth of solutions, quality of service and size of deal.
“It’s an honor to be ranked No. 1 in the Baker’s Dozen List,” said John Wilson, CEO at WilsonHCG. “This recognition means so much to us as a business because it’s solely driven by client feedback. It really is a testament to the commitment and care that our people place in our client relationships. I want to say a huge thank you to the team and can’t wait to build on this success as we continue to add even more value to our client partnerships.”
“Since WilsonHCG’s first placement on the HRO Today Baker’s Dozen as a challenger brand, it has focused on great customer service and innovative approaches to recruitment process outsourcing and workforce solutions. It has transitioned from its early days as a challenger to a large and market dominating leader which is helping redefine what success should look like for clients of these service offerings. Remarkably, WilsonHCG’s service orientation has continued to improve as it has grown to one of the largest and most successful companies in the space and we congratulate it and its leadership team on ranking as the top provider on the HRO Today RPO Baker’s Dozen,” said Elliot Clark, CEO of HRO Today.
Visit the HRO Today website here to find more information about the Baker’s Dozen List.
About WilsonHCG
WilsonHCG is an award-winning, global leader in total talent solutions. Operating as a strategic partner, it helps some of the world’s most admired brands build comprehensive talent functions. With a global presence spanning more than 65 countries and six continents, WilsonHCG provides a full suite of configurable talent services including recruitment process outsourcing (RPO), executive search, contingent talent solutions and talent consulting.
TALENT. It’s more than a solution, it’s who we are.
Over 300 M8 employees, product portfolio and pipeline to enhance Acino’s footprint and strategic position in key Latin American markets.
Zurich, Switzerland, Sept. 20, 2023 (GLOBE NEWSWIRE) — Acino, a Swiss pharmaceutical company headquartered in Zurich, today announced that it has entered into an agreement to acquire M8 Pharmaceuticals (M8), a fast-growing specialty biopharmaceutical company, headquartered in Mexico City and focused on licensing, marketing, and distributing innovative and established medicines in Mexico and Brazil.
Through this acquisition, Acino will enter the two largest pharmaceutical markets in Latin America, significantly expanding its geographic footprint and strengthening its position in the region, providing a more powerful and comprehensive offering for healthcare professionals and patients. The acquisition will complement Acino’s existing Latin American division, which is based in Panama and operates across eight countries in Central America, the Caribbean, and Ecuador, delivering high-quality medicines to improve people’s health in this key region.
M8, a Montreux Growth Partners portfolio company, has a highly successful record of signing exclusive licensing agreements with large pharmaceutical and biotech companies for the rights to market and commercialize products in Latin America. M8 brings a portfolio of well-known proven brands and innovative products, a best-in-class deal-making platform and an outstanding reputation among its partners. Moreover, it has built a large pipeline across a broad range of key therapeutic areas, including CNS, cardiometabolism, respiratory, gastroenterology, oncology and hematology, and rare diseases.
Andrew Bird, Interim CEO at Acino commented: “This is a transformative deal for Acino, significantly expanding our presence in Latin America and delivering against our overall strategy and stated intention to increase patient’s access to high-quality pharmaceuticals and diversify our footprint in key high-growth markets. We see M8 and Acino as highly complementary offerings, and we are confident that we can use this acquisition as a catalyst to further increase value and accelerate growth for Acino in this key region.”
Joel Barlan, CEO at M8 commented: “This agreement will provide M8 with considerable additional resources, expertise, and access to a much wider geographic footprint, which will further accelerate our growth. We look forward to leveraging the skills and capabilities of both teams to grow the combined business and continue to bring proven and innovative treatments to patients and caregivers throughout Latin America and other emerging markets.”
Dan Turner, Managing Director at Montreux Growth Partners commented: “We could not be more pleased with what M8 has achieved during our ownership. We first invested in the early stages of its development. We were able to bring on board a world-class management team, who have focused the company on patient critical therapeutic areas, with a product portfolio that now includes over 30 leading brands from major pharmaceutical companies around the world. The company has delivered tremendous growth and profitability, while also doing much good for the lives of patients. Acino is the perfect acquirer to continue that history of success”.
The transaction is subject to customary closing conditions, including antitrust clearance, and is expected to be completed by the end of 2023. Banco J.P. Morgan S.A. is acting as exclusive financial advisor, Goodwin LLP as exclusive legal advisor, and PWC as exclusive accounting and tax advisor to Acino. Stifel, Cooley LLP and Credit Suisse, a UBS Group Company acted as advisors to M8.
About AcinoAcino is a Swiss pharmaceutical company headquartered in Zurich with a clear focus on selected markets in the Middle East, Africa, Ukraine, the CIS Region, and Latin America. Acino is part of ADQ, an Abu Dhabi based investment and holding company. We deliver quality pharmaceuticals to promote affordable healthcare in these emerging markets and leverage our high-quality pharmaceutical manufacturing capabilities and network to supply leading companies through contract manufacturing and out-licensing.
About M8 Pharmaceuticals
M8 is a specialty biopharmaceutical company focused on licensing, marketing and distributing innovative and established therapeutics in Latin America: Brazil and Mexico. We aim to become the preferred pharmaceutical partner for the licensing of high-value innovative and proven therapies across our main therapeutic areas CNS, respiratory, cardiometabolic, immunology, gastroenterology, onco-hematology, and rare diseases. Our mission is to provide the people of Latin America with access to the proven and innovative medicines they need to transform their lives.
About Montreux Growth Partners
Founded in 1993, Montreux Growth Partners has a long history of investing growth capital into category-leading companies that are advancing healthcare and financial technology. It focuses on commercial stage companies which have highly differentiated products, technologies, and services. It is an active and collaborative investor, working closely with the management teams at its portfolio companies.
Acino
Larisa Bernstein, Global Head of Communications
larisa.bernstein@acino.swiss
M8 Pharmaceuticals
Joel Barlan, Chief Executive Officer
+52 (55) 4431 2933
us.wm@moksha8.com
Rafael Ferrer, Vice President of Corporate Development & Strategy
+1 (305) 299 6998
rafael.ferrer@m8pharma.com
HP Research Finds Expectations of Work Have Changed Drastically in the Last 2-3 Years
HP Work Relationship Index
HP Inc. today unveiled groundbreaking findings from its first HP Work Relationship Index, a comprehensive study that explores employees’ relationships with work around the world.
News Highlights
Only 27% of knowledge workers say they have a healthy relationship with work; India is most healthy, Japan least healthy
83% of knowledge workers today are willing to earn less to be happier at work
Leaders acknowledge emotional intelligence is key, while employees say they don’t see it enough
HP’s global research identified six primary drivers of a healthy relationship with work – with recommendations for business leaders and employees to consider
PALO ALTO, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) today unveiled groundbreaking findings from its first HP Work Relationship Index, a comprehensive study that explores employees’ relationships with work around the world.* The study, which surveyed more than 15,600 respondents across various industries in 12 countries, reveals the world’s relationship with work is at a breaking point – and its effects are pervasive.
“There is a huge opportunity to strengthen the world’s relationship with work in ways that are both good for people and good for business,” said Enrique Lores, President and CEO, HP Inc. “As leaders, we must always reject the false choice between productivity and happiness. The most successful companies are built on cultures that enable employees to excel in their careers while thriving outside of work.”
The study analyzed 50+ aspects of people’s relationships with work, including the role of work in their lives, their skills, abilities, tools and workspaces, and their expectations of leadership. The study also examined the impact work has on employee well-being, productivity, engagement and culture. Through this, HP developed its Work Relationship Index, which is a measure of the world’s relationship with work to be tracked over time. It found that just 27% of knowledge workers currently have a healthy relationship with work; more details on the Index can be found here.
Unhealthy Relationships with Work are Impacting Employees’ Mental, Emotional, and Physical Well-being
In this first-of-its-kind study, HP engaged with business leaders, IT decision makers and knowledge workers to gain insights into the factors that drive meaningful, productive and purposeful work experiences. The findings spotlight the negative impacts an unhealthy relationship with work has on an employee’s life and an employer’s business.
When employees are not happy with their relationship with work, it takes a toll on business:
Morale and Engagement: Knowledge workers report less productivity (34%), more disengagement at work (39%) and greater feelings of disconnection (38%).
Retention: Even when employees feel neutral about their relationship with work, more than 71% consider leaving the company. When they’re not happy at all, that number rises to 91%.
Unhealthy relationships with work can impact employees’ well-being:
Mental: More than half (55%) of these employees struggle with their self-worth and mental well-being, reporting low self-esteem and feeling like they are a failure.
Emotional: These issues naturally affect other aspects of their lives, with 45% noting that their personal relationships with friends and family suffer, and more than half (59%) are too drained to pursue their personal passions.
Physical: Mental and emotional wellness can make it harder to maintain physical well-being. 62% of employees report trouble with maintaining healthy eating, working out and getting sufficient sleep.
Identifying the Drivers Behind a Healthy Relationship with Work
Employees’ expectations of work have changed significantly, particularly over the past two-to-three years, according to nearly 60% of respondents. Fifty-seven percent surveyed noted their expectations of how they are treated at work and in the workplace also have increased.
The research examined more than 50 factors contributing to a healthy relationship with work, identifying six core drivers that represent critical focus areas – and key imperatives – for business leaders, and comprise the Index that will be tracked over time.
1. Fulfillment: Employees yearn for purpose, empowerment, and genuine connection to their work, but just 29% of knowledge workers currently experience these aspects consistently. To adapt to evolving workforce expectations, businesses must prioritize employee fulfillment through increased voice and agency.
2. Leadership: New ways of working demand new leadership styles, according to 68% of business leaders; yet only one in five workers feel leaders have evolved their leadership styles accordingly. Cultivating emotional intelligence and transparent, empathetic leadership is crucial for today’s workplace.
3. People-centricity: Only 25% of knowledge workers consistently receive the respect and value they feel they deserve, and even fewer are experiencing the flexibility, autonomy and work-life balance they seek. To address this, leaders must put visible emphasis on putting people first and placing their teams at the center of decision-making.
4. Skills: While 70% of knowledge workers value strong power and technical skills, only 31% feel consistently confident in their proficiency in either. ‘Best-practice’ businesses have an opportunity to gain a vital skills-development and employee engagement edge by investing in holistic training and support.
5. Tools: Today’s workers want a say in the technology and tools their employer provides – and want that technology to be inclusive. However, confidence that companies will implement the right tools to support hybrid work is low, at just 25%. No longer just a utility, the technology portfolio is emerging as an important driver of employee engagement, as well as connection and enablement.
6. Workspace: Knowledge workers want a seamless experience as they move between work locations – and a choice in where they work each day. Effective hybrid workspaces, easy transitions, flexibility and autonomy will be pivotal in demonstrating trust in employees and fostering a positive work experience.
Trust and Emotional Connection are Now Key in Attracting and Retaining Workers
The Work Relationship Index shows that this is a pivotal time to redefine the world’s relationships with work. Greater trust and emotional connection in the workplace were strong and recurring themes across the six core drivers.
Almost three in four business leaders acknowledge that emotionally intelligent leadership is the only way a leader can be successful going forward. Significantly, the study found that emotional intelligence – and increased trust and agency – hold considerable weight with employees: 83% say they’re willing to earn less money to find an employer that values these factors.
Strong workplace culture: Knowledge workers would take an 11% pay cut to work somewhere with empathetic, emotionally intelligent leadership, and above-average employee engagement and fulfillment.
Flexibility: The same group would give up 13% of their salary to work somewhere that lets them work where or when they want.
For more information on the Work Relationship Index, please visit the WRI Website and to access the full report, please visit the HP Newsroom.
*Methodology
HP commissioned an online survey managed by Edelman Data & Intelligence (DxI) that fielded between June 9 – July 10, 2023, in 12 countries: the U.S., France, India, U.K., Germany, Spain, Australia, Japan, Mexico, Brazil, Canada and Indonesia. HP surveyed 15,624 respondents in total – 12,012 knowledge workers (~1,000 in each country); 2,408 IT decision makers (~200 in each country); and 1,204 business leaders (~100 in each country).
About HP
HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 20 September 2023 – Bybit, the world’s third most visited crypto exchange, has partnered with Paradigm, the largest institutional liquidity network for crypto derivatives traders, to introduce a fee-slashing promotion for new and professional options traders.
The collaboration between Bybit and Paradigm aims to attract new professional options traders to Bybit’s platform, as part of the exchange’s efforts to enhance its offerings for institutional participants. Traders will benefit from Paradigm’s block trading expertise and Bybit’s seamless trading environment.
The promotion focuses on accessibility and competitive fee structures. New users need only complete one trade of any size to participate. Eligible traders will enjoy Bybit’s most competitive ‘Pro5’ fee rate across options, perpetual contracts, and spot trading until October 11. Additionally, traders achieving $10 million in options taker volume via Paradigm by October 11 will be eligible for an extended discounted fee period.
Bybit’s options market provides flexibility with daily, weekly, monthly and quarterly expiries on BTC and ETH. Its trading platform delivers robust functionality, world-class infrastructure, and deep liquidity.
“We are excited to collaborate with Paradigm to introduce this exclusive promotion for institutional option traders.” said Ben Zhou, co-founder and CEO of Bybit. “We remain committed to powering innovation and offering sophisticated trading tools for institutions. This collaboration further strengthens our position as a leading player in the crypto derivatives market.”
“Bybit and Paradigm share an unwavering commitment to serving our institutional customers over the long haul,” said Anand Gomes, co-founder and CEO of Paradigm. “Our collaboration is a testament to our dedication to simplifying the path for institutions venturing into the world of crypto. Together, we pave the way for a future where accessibility and innovation converge.”
Bybit Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.
His Excellency Mohammed Abdullah Al Shamsi, UAE Ambassador to the Republic of Peru, attended a reception hosted by Her Excellency Dina Boluarte, President of Peru, at the Presidential Palace on the occasion of Peru’s Independence Day.
During the event, His Excellency Al Shamsi conveyed the greetings of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, as well as their congratulations to Her Excellency President Boluarte on the occasion of Independence Day and their wishes for further development and prosperity for the government and people of Peru.
For her part, Her Excellency President Boluarte conveyed her greetings to UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, and her wishes for further development and prosperity for the people and government of the UAE.
Source: Ministry of Foreign Affairs and International Cooperation
Russian Defense Ministry announced that 19 breaches by the US-led coalition’s fighter jets seriously violated Syrian airspaces 19 times during the past 24 hours.
Deputy commander of the Russian Coordination Center, Rear admiral Vadim Collet said in a press statement that fighter jets and drones belonging to the alleged coalition, led by the US violated Syrian airspace in al-Tanf region on the Syrian-Jordanian border 19 times during the past 24 hours.
“Four pairs of F-35 fighter jets, two pairs of F-16 aircrafts, two pairs of Rafale fighter jets, in addition to three MQ-1C multi-role unmanned aerial vehicles violated Syrian airspace in al-Tanf region, through which international air routes pass”, the statement added.
Exhibition World Bahrain will be hosting the Global Association of the Exhibition Industry to hold its annual UFI Expert Day on October 1.
The one-day event, which takes place at the end of each year in one of the association’s member host countries, anticipates hosting event Industry experts from the region. The Exhibition World Bahrain is proud to be hosting such an event within their venue for the first time in the Kingdom.
The day will unfold with a panel on the status of the Meetings, Incentives, Conferences and Exhibitions (MICE) industry within the country. Experts from across the region will be invited to take part, as well as Dr. Nasser Qaedi, the Chief Executive Officer of Bahrain Tourism and Exhibitions Authority (BTEA), and Dr. Debbie Kristiansen, Exhibition World Bahrain’s General Manager, for their ideas on the industry’s steps towards strengthening the Kingdom’s economic development through the MICE industry.
As for the panellists, to name a few who will be taking part: Naji Al Haddad, Regional Director of the Global Association of Exhibitions Industry; Dr. Jeffrey Goh, Gulf Air Group’s CEO; and Marie Berengere-Chapoton, General Manager of Al Areen Palace and Spa.
The discussion will reflect upon the country and its position as an attractive destination in the region for hosting large events, conferences, and seminars. This event will enable attendees to take part and obtain updates on the industry’s latest shifts and trends within the region.
The venue is a proud UFI member and aims to make the most of such an affiliation by allowing for active knowledge transfer and networking with international MICE contacts. The venue’s membership is a clear indication of the level of professionalism and competence as the Kingdom’s driving force to place it at the forefront of the MICE industry regionally and internationally. With a strategic location as well as being a cross-cultural hub, it is an added value to be part of an international association that will open doors with other MICE Centres across the globe.
“We aim to have such events, to highlight the role of Exhibition World Bahrain in supporting the tourism sector, alongside other related economic sectors, and to encourage the growth and development of other related service sectors. By attracting such opportunities, we continue to showcase Bahrain as a key location within the MICE industry regionally, and we look to grow towards such a position internationally as well,” the CEO of the BTEA said.
Exhibition World Bahrain’s General Manager said that it is an honour to welcome industry experts and peers from Europe and across the region.
“We look forward to building on the country’s legacy within the MICE industry and extending our warm welcome to our fellow MICE industry colleagues. Our long-standing relationship with UFI has been and will continue to be a driving force towards our plan of transforming the Kingdom’s most prominent sector, contributing to the development and growth of the national economy,” Kristiansen added.
Exhibition World Bahrain looks to explore new opportunities and grow through such memberships for the first time in the Kingdom of Bahrain at the region’s newest exhibition and convention centre. This is part of the venue’s objectives to host large-scale international events to benefit the Bahraini community and the region.
The Vice Minister of Foreign Affairs, Eng. Waleed bin AbdulKarim El-Khereiji, met here today the newly appointed Ambassador of the Republic of Singapore to the Kingdom of Saudi Arabia, S Premjith.
During the meeting, Eng. El-Khereiji warmly welcomed the ambassador and expressed his sincere wishes for the ambassador’s success.
The Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, held a meeting today with the Foreign Minister of the Republic of Azerbaijan, Jeyhun Bayramov. This meeting took place on the sidelines of the 78th UN General Assembly in New York.
During the meeting, the two ministers discussed bilateral relations and explored ways to enhance and develop them across various fields of cooperation. They also delved into the consolidation of bilateral and multilateral efforts. Additionally, they addressed the latest developments on prominent international issues and the ongoing efforts in this regard.
The meeting was attended by the Kingdom’s Permanent Representative to the UN Dr. Abdulaziz Al-Wasel, the Director of the Foreign Minister’s Office, Abdurrahman AL-Dawood.
The Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, met here today with the Foreign Minister of the Democratic Republic of Congo, Christophe Lutundula, on the sidelines of the 78th UN General Assembly in New York.
During the meeting, they reviewed bilateral relations and ways to enhance and develop them and discussed aspects of consolidating bilateral and multilateral work. The two sides also discussed the latest developments in the most prominent international issues.
The meeting was attended by the Kingdom’s Permanent Representative to the United Nations, Dr. Abdulaziz Al-Wasel, and the Director of the Foreign Minister’s Office, Abdurrahman Al-Dawood.
It’s more than a solution, it’s who we are.
