Philips World COPD Day survey reveals care challenges, telehealth adoption, and increased global awareness surrounding respiratory health

November 17, 2020

Survey
confirms COVID-19 pandemic impacted ability of COPD patients and informal caregivers to receive and administer care, but brought increased awareness to the disease

Amsterdam, the Netherlands –

Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced findings from its first ever World COPD Day survey ahead of the awareness day on November 18. Philips surveyed more than 4,000 adults in China, India, Russia and the U.S. to gather insights on global awareness of respiratory conditions, such as chronic obstructive pulmonary disease (COPD), and how the COVID-19 pandemic has influenced overall perceptions of respiratory health. Findings reveal that while the pandemic created unique challenges for the COPD community, it also increased the general population’s awareness for the condition and encouraged alternative care options, such as telehealth.  

According to the Center for Disease Control, adults with COPD are at increased risk for severe illness from the virus that causes COVID-19 [1]. Philips survey shows that while action to improve respiratory health to combat the respiratory virus is on the rise for all respondents, significant differences exist between how COPD and non-COPD populations seek care.

“Due to the nature of the COVID-19 virus, respiratory health has become a daily conversation across the globe,” said Huiling Zhang, Head of Medical Office for Connected Care at Philips. “Despite impacting millions of people around the world, COPD isn’t talked about as often as other chronic conditions like heart disease. We conducted this survey to shed light on the unique burdens and stresses that COPD patients face every day, intensified during this time. The survey results show that more than ever, respiratory health – and taking action to improve it – is a priority, but that the impacts of the pandemic have been especially felt by the COPD community who already experience respiratory insufficiency.”

COPD patients facing care challenges throughout COVID-19

For those living with COPD, the pandemic impacted the care they required and received. 56% of COPD patients report COVID-19 has made it difficult for them to get COPD treatment, 58% report that managing their COPD during the pandemic has been completely overwhelming, and 68% report they worry much more than they used to about their chronic condition because of the pandemic. COVID-19 also presented challenges for informal caregivers of COPD patients, with 79% specifically citing the pandemic as the factor that influenced the amount of care they provided to the COPD patient.

Emphasis on respiratory health, virtual care options increases

With concern growing around in-person care, willingness for telehealth visits has been on the rise since the onset of the pandemic. Particularly for wellness visits (56% to 62%), regular check-ins for a chronic health issue (57% to 64%), and to discuss a new health issue (57% to 63%). This increase was surprisingly more prevalent among the non-COPD population, with 55% willing to use telehealth to receive treatment for a chronic health issue before COVID-19, now up to 62%. Additionally, COPD patients looked for better ways to manage their condition because of COVID-19 (75%), such as diet, exercise, or purchasing air filtration systems.

COPD awareness rising amid knowledge gaps

While COVID-19 may have exacerbated individual concerns for the nearly 65 million people [2] currently living with COPD, it also brought increased awareness for the chronic condition across the globe. Nearly three in five people report being more familiar with COPD now compared to prior to the COVID-19 pandemic, which may be directly linked with increased education around respiratory illnesses due to the nature of COVID-19. Prior to the pandemic, 52% of respondents reported being familiar with COPD; that number is now up to 72%.

Philips’ broad portfolio of connected solutions and services is designed to address the needs of patients with chronic respiratory conditions like COPD and enable providers and physicians to more effectively manage patient care. For additional survey findings and data, or to learn more about how Philips is working to increase awareness this World COPD Day, please visit: Philips.com/WorldCOPDDay.

[1] https://www.cdc.gov/coronavirus/2019-ncov/need-extra-precautions/people-with-medical-conditions.html
[2] https://www.healthline.com/health/copd/facts-statistics-infographic#:~:text=More%20than%2065%20million%20people,over%20the%20next%2050%20years

About the Survey

This survey was conducted online by KJT Group, Inc. on behalf of Philips from October 8-17, 2020 among 4,001 adults ages 18 and older in 4 countries (China.: n=1,000; India: n=1,000; Russia: n=1,001; and the U.S.: n=1,000). The survey was web-based and self-administered in the primary language(s) of each country. These were non-probability samples and thus a margin of error cannot be accurately estimated. For complete survey methodology, including weighting variables, please contact Meredith Amoroso at [email protected].

For further information, please contact:

Meredith Amoroso
Philips Global Press Office
Tel: +1 724-584-8991
E-mail: [email protected]  

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2019 sales of EUR 19.5 billion and employs approximately 81,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments



China Index Holdings to Hold 2020 Annual General Meeting on December 18, 2020

BEIJING, Nov. 17, 2020 (GLOBE NEWSWIRE) — China Index Holdings Limited (NASDAQ: CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that it will hold its 2020 annual general meeting of shareholders (the “AGM”) at F15, Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing 100070, People’s Republic of China on December 18, 2020 at 10 a.m., Beijing time.

No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders of record and beneficial owners of the Company’s American depositary shares (“ADSs”) to discuss Company affairs with the management. 

The board of directors of the Company has fixed the close of business on November 18, 2020 as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof.

Holders of record of the Company’s Class A and Class B ordinary shares (the “Ordinary Shares”) at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Beneficial owners of the Company’s ADSs are welcome to attend the AGM in person.

The Company filed its annual report on Form 20-F (the “Annual Report”) for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2020. The Annual Report can be accessed on the Company’s investor relations website at http://ir.chinaindexholdings.com/, as well as on the SEC’s website at http://www.sec.gov/.

Holders of the Company’s Ordinary Shares or ADSs may obtain a hard copy of the Annual Report, free of charge, by sending an email to [email protected] or by writing to the Investor Relations Department of the Company at F15, Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing 100070, People’s Republic of China.

About CIH

CIH operates a leading real estate information and analytics service platform in China in terms of geographical coverage and volume of data points. Its services span across database, analytics, promotions and listing services for China’s real estate markets. CIH serves a substantial base of real estate participants in China, including real estate developers, brokers and agents, property management companies, financial institutions and individual professionals, with an authoritative, comprehensive and seasonable collection of real estate data, complemented by a variety of powerful analytical and marketing tools. For more information about CIH, please visit http://ir.chinaindexholdings.com.

Safe Harbor Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995.

These forward-looking statements can be identified by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,” “future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,” “may,” “should” and similar expressions, and include, without limitation, statements regarding CIH’s future financial performance, revenue guidance, growth and growth rates and market position. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond CIH’s control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in CIH’s filings with the U.S. Securities and Exchange Commission. CIH does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.



For investor and media inquiries, please contact:

Ms. Jessie Yang
Investor Relations
Email: [email protected]

Toppan Named to DJSI World Index for Four Consecutive Years

Outstanding sustainability performance continues to be recognized by leading global ESG investment index.

PR Newswire

TOKYO, Nov. 17, 2020 /PRNewswire/ — Toppan Printing (Toppan), a global leader in communication, security, packaging, décor materials, and electronics solutions, has been included in the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year. Toppan has also been selected to the Dow Jones Sustainability Asia/Pacific Index for the second year in a row.

 

Toppan is among 39 Japanese companies selected and the only Japan-based company in the Commercial & Professional Services industry group. Toppan’s environment-related activities were rated particularly highly, with the company achieving the industry’s top score for Climate Strategy. Toppan also registered a top score for Information Security/Cybersecurity.

Toppan’s continued selection to the DJSI index family further builds on ongoing recognition by other leading indexes of environmental, social, and governance (ESG) performance, including FTSE4Good and MSCI ESG Leaders, as well as the FTSE Blossom Japan, MSCI Japan Empowering Women (WIN), and S&P/JPX Carbon Efficient indexes used by the Government Pension Investment Fund of Japan.

“We are very pleased that Toppan’s sustainability efforts are consistently recognized with inclusion in the DJSI World index,” said Yukio Maeda, Toppan’s Executive Vice President. “Our goal is to work with stakeholders as a company creating value for a sustainable global society in which people can lead fulfilling lives. To accomplish this, we will intensify focus on our own ESG initiatives while also contributing through our business to the achievement of the sustainability targets of the international community.”

Toppan aligns its activities with the United Nations Global Compact, the Sustainable Development Goals (SDGs), and the core subjects set out by ISO 26000. The TOPPAN SDGs STATEMENT, published in November 2019, expresses the company’s commitment to integrating approaches to the SDGs into its management. This has been further detailed with the recent announcement of “TOPPAN Business Action for SDGs,” which identifies specific areas of focus for Toppan’s sustainability activities.

For more information about S&P Dow Jones Indices, visit: https://www.spglobal.com/spdji/en/

About Toppan

Toppan is a leading global provider of integrated solutions in the fields of printing, communications, security, packaging, décor materials, electronics, and digital transformation. Toppan’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges that businesses and society face in today’s rapidly changing market.

https://www.toppan.com/en/

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SOURCE Toppan Printing

Cunard puts 2022 voyages on sale including Queen Mary 2’s Transatlantic Crossings and new voyages to Alaska

PR Newswire

SOUTHAMPTON, England, Nov. 17, 2020 /PRNewswire/ — 

Cunard’s 2022 voyage schedule for Queen Mary 2, Queen Victoria and Queen Elizabeth is now on sale.

More than 35 countries feature in the 162 newly launched itineraries, covering north of the Arctic Circle to the Mediterranean and from the Pacific Ocean to the Atlantic Ocean, via the Panama Canal.

Highlights include Queen Elizabeth returning to Alaska with seven and 10 night voyages, departing from and returning to Vancouver, visiting Glacier Bay, Haines, Hubbard Glacier, Skagway, Juneau, Sitka, Ketchikan and Victoria. Ten night Alaska voyages start at $1599 per person.

The series of Alaskan voyages will be joined by a special headliner on each including leading mountaineers Kenton Cool and Peter Hilary and polar scientist turned explorer Felicity Aston.

From Alaska, Queen Elizabeth will journey through the Panama Canal, across to the Mediterranean, where she will embark on a series of seven and 14 night fly-cruises, departing from Barcelona.

Highlights on Queen Mary 2 include a seven night Independence Day Celebration, including an overnight call to Boston and visits to Bar Harbor and Halifax, and her transatlantic crossings with 19 new voyages sailing between New York and Southampton now on sale.

Cunard president, Simon Palethorpe said:

“There is lots for our guests to look forward to on our new voyages for 2022 which include journeys through the Panama Canal and to the Caribbean, a return to Alaska and Queen Mary 2’s transatlantic crossings. 

 “We are experiencing high demand for 2021, so we know how much our guests are anticipating traveling again on Cunard’s iconic ships, and we are delighted to be offering an extended range of voyages through to the end of 2022, all accompanied by early booking offers.”

Examples of the newly launched 2022 itineraries


Alaska, 10 nights, $1599
Cunard is offering a 10 night cruise on Queen Elizabeth (Q219) with prices starting at $1599 per person. Departing June 14, 2022 the price includes breakfast, lunch, dinner and afternoon tea plus entertainment.  Departing from and returning to Vancouver, ports of call are Juneau, Hubbard Glacier, Skagway, Glacier Bay, Sitka, Ketchikan and Victoria.

Panama Canal, 14 nights, $2099
Cunard is offering a 14 night cruise on Queen Elizabeth (Q224D) with prices starting at $2099 per person. Departing July 26, 2022 the price includes breakfast, lunch, dinner and afternoon tea plus entertainment. Departing from Los Angeles and arriving into Port Everglades ports of call are Cabo San Lucas Mexico, Puntarenas Costa Rica, Panama Canal and Oranjestad Aruba.

Transatlantic East, seven nights, $949
Cunard is offering a seven night cruise on Queen Mary 2 (M238) with prices starting at $949 per person. Departing December 3, 2022 the price includes breakfast, lunch, dinner and afternoon tea plus entertainment. This transatlantic crossing travels New York to Southampton and includes a return flight from the UK to the USA.


Eastern Caribbean, 13 nights, $2399
Cunard is offering a 13 night cruise on Queen Mary 2 (M237) with prices starting at $2399 per person. Departing November 20, 2022 the price includes breakfast, lunch, dinner and afternoon tea plus entertainment. Departing from and returning to New York ports of call are Saint Maarten, Dominica, Barbados, Saint Lucia, Saint Kitts and U.S. Virgin Islands.

Independence Day Celebration, seven nights, $1749
Cunard is offering a seven night cruise on Queen Mary 2 (M219) with prices starting at $1749 per person. Departing July 1, 2022 the price includes breakfast, lunch, dinner and afternoon tea plus entertainment. Departing from and returning to New York ports of call are Bar Harbor, Boston (for two days) and Halifax.

Cunard voyages for Queen Mary 2 and Queen Victoria, from April 2022 to January 2023, and Queen Elizabeth, from May to November 2022, will go on sale November 17, 2020. Subsequent deployment after these dates including details of Queen Elizabeth’s winter 2022 programme and Australia voyages will be released in 2021.

For official Cunard photography, please register your details at: https://cunard.assetbank-server.com

About Cunard

Cunard is a luxury British cruise line, renowned for creating unforgettable experiences around the world. Cunard has been a leading operator of passenger ships on the North Atlantic, since 1840, celebrating an incredible 180 years of operation. A pioneer in transatlantic journeys for generations, Cunard is world class. The Cunard experience is built on fine dining, hand-selected entertainment and outstanding service. From five-star restaurants and in-suite dining to inspiring guest speakers, the library and film screenings, every detail has been meticulously crafted to make the experience unforgettable. There are currently three Cunard ships, Queen Mary 2, Queen Elizabeth and Queen Victoria with destinations including Europe, the Caribbean, the Far East and Australia. In 2017, Cunard announced plans to add a fourth ship to its fleet to be launched in 2022.  This investment is part of the company’s ambitious plans for the future of Cunard globally and will be the first time since 1998 that Cunard will have four ships in simultaneous service. Cunard is based at Carnival House in Southampton and has been owned since 1998 by Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK).   

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SOURCE Cunard

Leumi Reports Net Income of NIS 750 Million ($218 Million) and ROE of 8.4% in Q3 2020

Loan loss expense rate in Q3 2020 was 0.76%, resulting solely from an increase in the collective provision on the back of uncertainty surrounding future implications of the continuing coronavirus crisis

Tier 1 Capital Adequacy Ratio was 11.71%

PR Newswire

TEL AVIV, Israel, Nov. 17, 2020 /PRNewswire/ —

  • Net income in the third quarter of the year was NIS 750 million, similarly to the same period last year (NIS 765 million).

    Net income in the first nine months of 2020 reached NIS 1.2 billion ($349 million), compared to NIS 2.8 billion ($814 million) in the same period last year.

    The decrease in net income in the first nine months resulted mainly from the significant increase in loan loss expenses, all of which arise from an increase in the collective loan loss provision and a decrease in noninterest finance income on the back of the coronavirus crisis.

  • Return on equity in the third quarter of 2020 was 8.4%, compared with 8.7% in the same period last year. Return on equity in the first nine months of 2020 was 4.5%, compared with 10.4% in the same period last year (9.6% last year net of the effect of the sale of Leumi Card).
  • Loan loss expense in the third quarter amounted to NIS 547 million compared to a total of NIS 181 million in the same period last year, on the back of the collective provision. The loan loss provision in the third quarter of the year was 0.76% (0.26% last year) compared to a rate of approximately 1.2% in the first half of the year.

    The loan loss expense in the first nine months of the year totaled NIS 2.3 billion compared to a total of NIS 0.5 billion in the same period last year, with 88% of the expense in the reporting period arising from an increase in the collective loan loss provision.  

    The significant increase in the loan loss expense rate stems from the effect of the changes in the macroeconomic environment, on the back of a second substantial surge in Israel and the subsequent lockdown, which further deepened the effect of the economic crisis and the uncertainty regarding its effect of the Israeli and global economy.

  • Noninterest finance income in the third quarter of the year totaled NIS 457 million compared to NIS 305 million last year. Income for the quarter included NIS 92 million (before tax) from a revaluation of Visa US equity. 

    Noninterest finance income in the first nine months of the year totaled NIS 487 million compared to NIS 1,303 million in the corresponding period last year (NIS 989 million last year net of the sale of Leumi Card). Most of the decrease stems from losses recorded in the item in the first quarter of the year, on the back of decreases in capital markets and the effect of derivatives and exchange rate differentials. In addition to the gain on the sale of Leumi Card, revenues in the corresponding period last year included a total of NIS 123 million on the sale of Super-Pharm and Automated Banking Services Ltd. (ABS). 
     

  • Operating and other expenses in the third quarter totaled approximately NIS 1.7 billion, a 9.7% year-on-year decrease. The efficiency ratio was 50.4 percent. The decrease stems from salary expenses and other operating expenses.

    Operating and other expenses in the first nine months of the year totaled NIS 5.2 billion, a 10.5% year-on-year decrease. The operating efficiency ratio improved, reaching 55%. 
     

  • CET1 capital ratio significantly higher than the regulatory requirement – Common Equity Tier 1 capital ratio as at September 30 2020 was 11.71%, and total capital ratio was 15.81%.
  • Growth in the loan portfolio – the Bank continues to focus its growth efforts on the loan portfolio in the corporate, middle-market and mortgage loan segments. The corporate loan portfolio grew at a rate of 6.4% in the past year; the middle-market portfolio grew by 5.2% and the mortgage portfolio grew by 5.8%.
  • Deposits from the public were up by 18.7% year-on-year, totaling NIS 427.1 billion, compared to NIS 359.9 billion in the same period last year.


Leumi supports its customers during the coronavirus crisis:

  • Credit to businesses – from of the outbreak of the crisis until shortly before the publication date of the financial report, Leumi  (TASE: LUMI) approved NIS 5.7 billion in business loans as part of the state-backed loan fund for businesses hurt by the coronavirus crisis and the loan fund for high-risk businesses. Out of this amount, approximately NIS 3.2 billion were extended to small businesses.
  • Moratorium on loans to small businesses – as of September 30 2020, Leumi deferred current repayments of loans to small businesses in the amount of NIS 500 million, for loans totaling NIS 4.6 billion. As of September 30 2020, repayments for approx. 54% of the deferred loans to small businesses resumed.
  • Loan moratorium – as of September 30 2020, Leumi deferred current mortgage loan repayments in the amount of NIS 374 million, the deferment period of which has yet to end. The total amount of deferred mortgages at Leumi as of September 30 2020 was NIS 9.2 billion. In addition, the deferment period on mortgages amounting to NIS 11.7 billion has ended. As of shortly before the financial report publication date, only 10% of the mortgage loans are still with the status of deferred loans.


Development of Balance Sheet Items:

  • Equity attributable to the Bank’s shareholders as at September 30 2020 totaled NIS 37.1 billion compared to NIS 35.1 billion as at September 30 2019.
  • Loans to the public, net totaled NIS 286.4 billion as at September 30 2020, compared with NIS 280.4 billion as at September 30 2019, a 2.1% increase. Most of the increase is due to mortgage loans, mid-market businesses and corporations. Loans to the public, net, less loans of institutionals, was up by 2.9%.
  • Deposits by the public totaled NIS 427.1 billion as at September 30 2020, compared with NIS 359.9 billion as at September 30 2019, a 18.7% increase.
  • Leverage ratio as at September 30 2020 was 6.66 percent.
  • Liquidity coverage ratio as at September 30 2020 was 137%, compared to the 100% minimum required by the Banking Supervision Department.

Leumi Group – Principal Data from the Financial Statements

Profit and profitability (in NIS millions)


For the nine months ended

September 30


Change in %


For the year ended December 31 2019

2020

2019

Interest income, net


6,506

6,678

(2.6)

8,841

Loan loss expenses


2,282

451

         +

609

Noninterest income


2,980

3,881

(23.2)

5,081

Operating and other expenses


5,221

5,832

(10.5)

7,908

Profit before tax


1,983

4,276

(53.6)

5,405

Provision for taxes


752

1,444

(47.9)

1,830

Profit after taxes


1,231

2,832

(56.5)

3,575

Bank’s share in associates’ losses


(5)

(22)

77.3

(15)

Net income attributable to non-controlling interests


14

30

(53.3)

38

Net income attributable to the banking corporation’s shareholders


1,212

2,780

(56.4)

3,522

Return on equity (%)


4.5

10.4

9.8

Earnings per share (NIS)


0.83

1.87

2.37

Development of balance sheet items (in NIS millions)


As at September 30


December 31


2020


2019


2019

Loans to the public, net


286,374

280,374

282,478

Deposits by the public


427,115

359,896

373,644

Shareholders’ equity


37,128

35,144

35,406

Total assets


528,050

455,117

468,781

Principal financial ratios (%)


As at September 30


December 31


2020


2019


2019

Loans to the public, net, to total assets


54.2

61.6

60.3

Deposits by the public to total assets


80.9

79.1

79.7

Total equity to risk-weighted assets


15.81

15.55

15.67

Total Tier 1 equity to risk-weighted assets


11.71

11.73

11.88

Leverage ratio


6.66

7.40

7.35

Liquidity coverage ratio


137

121

123

The data in this press release has been converted into US dollars solely for convenience purposes, at the representative exchange rate published by the Bank of Israel on September 30, 2020, NIS 3.441.

Conference Call Details:

A conference call to discuss the results will be held today at 5 PM (Israel); 3 PM (UK); 10:00 AM (ET).

It is recommended to connect to the link at least 10 minutes prior to the beginning of the call. An archived recording will be available on the Leumi website one business day after the call ends.

Conference Call Dial-in Details (no passcode required):

Israel  03-9180644
UK 0-800-917-5108
US & Canada 1-866-860-9642
All other locations  +972-3-918-0644

The conference call does not replace the need to review the latest periodic/quarterly reports containing full information, including forward-looking information, as defined in the Israeli Securities Law, and set out in the aforementioned reports.

For more information visit www.leumi.co.il or contact Daphna Golden, VP, Head of Investor Relations, at [email protected]

 

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SOURCE Bank Leumi

Amazon Named “Low Price Leader” in New Study

Amazon Named “Low Price Leader” in New Study

Amazon has best prices across 21 product categories important to customers

SEATTLE–(BUSINESS WIRE)–
Amazon.com, Inc. (NASDAQ: AMZN) was named the low price leader in Profitero’s annual “Price Wars” study. The comprehensive analysis, now in its fourth year, compares prices on over 18,400 products at Amazon, Walmart, Target, Staples, Home Depot, Wayfair, Macy’s, Walgreen’s, CVS, Kroger, Nordstrom, Best Buy, Lowes, and Chewy, and found Amazon offered customers the lowest prices most often and most consistently.

The study compared products in 21 categories important to customers, including household supplies, health and personal care, office supplies, home furniture, electronics, appliances and more. Amazon proved to be the lowest priced option in all categories, with the largest potential customer savings, on average, in Home Furniture (35% more affordable than other options in the category), Vitamins and Supplements (34%), Health and Personal Care (26%) and Beauty (22%).

The full study is available here: https://insights.profitero.com/rs/476-BCC-343/images/Profitero%20-%20Pandemic%20Price%20Wars%202020.pdf

Customers expect to find low prices in our store, and we work hard to provide the best available price across the hundreds of millions of products in our store for all customers, every day.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Online Retail Retail Technology Other Retail Specialty Internet

MEDIA:

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Ping An Bank Wins Gartner Innovation Award for Financial Services

PR Newswire

HONG KONG and SHANGHAI, Nov. 17, 2020 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 02318; SSE: 601318) announced that Ping An Bank received the “Eye On Innovation Award for Financial Services 2020” from research and advisory company Gartner. Ping An Bank is the first in Mainland China’s banking industry to receive the annual award, recognizing the Bank’s capabilities in risk management and the impact of China’s fintech in Asia-Pacific.

Guo Shibang, Vice President of Ping An Bank, said, “The Intelligent Risk Control Platform is an integrated process platform for Ping An Bank to carry out complicated and innovative business operations in areas such as investment, financing and supply chain. It is also an integrated risk control platform with risk policies, risk regulations and risk management. The six intelligent applications for approval, control, lending, early warning, analytics and monitoring help anticipate trends, make timely decisions and take quick action for effective risk management.”

Combining machine intelligence with experts’ experience, intelligent credit approval has formulated rules to exclude customers in financial distress, involved in financial whitewashing, or subject to close monitoring for money laundering, terrorist financing or special risks. In the customer approval process alone, efficiency has improved by more than 30%. For risk control, intelligent credit approval has identified over 3,000 high-risk customers. Automated processes have also streamlined business operations, reducing manual processes for relationship managers by 80%.

With big data and smart algorithms as the core technologies, intelligent early warning analyzes massive amounts of internal and external data and scans customers through rule models, scene models and machine learning models to achieve the full process of closed-loop management from “pushing a warning signal, screening risk information, confirming whether to launch a warning, adopting control measures on risky clients to releasing the warning”. It has improved the accuracy of the 90-day early warning to more than 90%. Since the beginning of this year, the system has enabled Ping An Bank to avoid potential risks that amounted to more than RMB50 billion.

Empowered by internal and external databases, Ping An’s intelligent lending realizes three-factor machine authentication by incorporating models for risk information, special risk control and management, credit risk mitigation, credit limit control and management. Smart lending is comprised of smart control, machine assistance and automatic review functions, which enables Ping An to complete real-time services in five minutes or less, 24 hours, seven days a week. In comparison, other banks may take a few hours to complete the same services.


About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. (“Ping An“) is a world-leading technology-powered retail financial services group. With over 214 million retail customers and nearly 579 million Internet users, Ping An is one of the largest financial services companies in the world.

Ping An has two over-arching strategies, “pan financial assets” and “pan health care”, which focus on the provision of financial and health care services through our integrated financial services platform and ecosystems. Our “finance + technology” and “finance + ecosystem” strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China’s first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai.

In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information, please visit group.pingan.com.


About Ping An Bank

Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) is a nationwide joint-stock commercial bank headquartered in Shenzhen. It was formerly known as Shenzhen Development Bank Co., Ltd. and renamed as Ping An Bank in July in the same year after the merger of former Ping An Bank Co., Ltd. in June 2012. As at the end of September 2020, Ping An Bank’s total assets amounted to RMB4,346.921. billion. Ping An Bank provides diversified financial services to enterprises, retailers and government departments through 99 branches and 1,078 outlets across China.

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SOURCE Ping An Insurance (Group) Company of China, Ltd.

Driving profitable growth through innovation – Electrolux Capital Markets Update 2020

PR Newswire

STOCKHOLM, Nov. 17, 2020 /PRNewswire/ — Electrolux today holds an on-line Capital Markets Update at 15:00 – 16:40 CET. The event is hosted by Jonas Samuelson, President and CEO, together with Anna Ohlsson-Leijon, Head of Business Area Europe and members of Business Area Europe’s management team. Presentations from the Capital Markets Update will be available as from 13:30 CET today on the event platform.

The Capital Markets Update will focus on how Electrolux is driving profitable growth through innovation, where design and brands are key pillars. The event will showcase how Electrolux has strengthened its premium position in Europe through deep consumer insights, specifically in the built-in kitchen area, and how this has boosted earnings.

“Innovation is a key pillar in creating value”, said Jonas Samuelson, President and CEO of the Electrolux Group. “Design plays a vital role to ensure that our products are the preferred choice, by delivering on the needs of the consumers and creating a higher intent to purchase. Together with sharpening of our premium brands Electrolux and AEG, this has resulted in growth and higher profit for these brands since 2016. Our innovative product portfolio also supports our strong commitment to sustainability with the target of climate neutrality by 2050.”

The event will be held online. Click here to register for the event and access the agenda. We recommend that you register well ahead of the meeting to avoid any IT related issues and to download the presentations.

Presentations from the Capital Markets Update will be available as from 13:30 CET today on the event platform. The event begins at 15:00 CET and the on-demand version will be available here tomorrow.

The business and market outlooks provided in Electrolux third-quarter report on October 23, 2020 remain unchanged. The company will publish its results for the fourth quarter and full year 2020, and the outlook for 2021, on February 2, 2021.

For further information, please contact Electrolux Press Hotline, +46 8 657 65 07.

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SOURCE Electrolux

Volvo Group Venture Capital invests in new marketplace for freight

PR Newswire

GÖTEBORG, Sweden, Nov. 17, 2020 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Adnavem, an online marketplace for freight services. Adnavem offers unbundled door-to-door transport with a present focus on Asia and Northern Europe.

Adnavem, which was founded in 2017 and is based in Gothenburg in Sweden, is disrupting the transport and logistics industry by providing an unbundled service offer where transport buyers can choose the service providers for each part of the logistics chain themselves.

“Nowadays the unbundling of services is a strong trend in many industries and this trend is also redrawing the map for the transport industry. Adnavem offers innovative services for freight buyers but also better terms for haulage companies, which is very important for us. We share the clear goal of making transport more efficient and therefore more environmentally friendly with the help of technology,” says Erik Johansson, Investment Director at Volvo Group Venture Capital.

“We are set to change the multimodal transport industry. The investment from Volvo Group Venture Capital will help accelerate our growth and lay the foundation for an exciting partnership. By digitalising and automating the freight process, we can help transport buyers to find the best transport chains and strike a good balance between price, speed and environmental impact,” says Andreas Wramsmyr, founder and CEO of Adnavem.

The role of Volvo Group Venture Capital is to make investments that drive transformation by facilitating the creation of new services and solutions and to support collaborations between start-ups and the Volvo Group.

Against the background of the trends shaping the future of transportation and the strategic priorities of the Volvo Group, the key areas of investment for Volvo Group Venture Capital are currently logistics services, site solutions and electrical infrastructure. The organisation has a global scope, but focuses on Europe and North America.

The transaction has no significant impact on the Volvo Group’s earnings or financial position.

Journalists wanting further information, please contact


Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

For more information, please visit
volvogroup.com/venturecapital

The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100.000 people and serves customers in more than 190 markets. In 2019, net sales amounted to about SEK 432 billion (EUR 40.5 billion). Volvo shares are listed on Nasdaq Stockholm.

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SOURCE AB Volvo

Epson Expands SureColor T-Series Line with New Affordable Wide-Format Multifunction Models Delivering High-Speed Technical and Graphics Printing, Scanning and Copying

24-inch SureColor T3170M and 36-inch SureColor T5170M Technical Multifunction Solutions Support Seamless Collaboration from Home or the Office

PR Newswire

LOS ALAMITOS, Calif., Nov. 17, 2020 /PRNewswire/ — Epson America today announced two new SureColor® T-Series wireless multifunction printers with integrated scanners – the 24-inch SureColor T3170M and the 36-inch SureColor T5170M. Based on successful predecessors, the SureColor T3170 and SureColor T5170, the new affordable multifunction printers include an integrated scanner for accurately scanning blueprints and drawings, making large copies, and sharing high-quality technical documents. Featuring a sleek design and compact footprint,1 the SureColor T3170M is up to 29 percent smaller and the SureColor T5170M is up to 15 percent smaller than competitor MFP models2 to conveniently fit into modern work from home and small office environments allowing for seamless team collaboration across CAD, architecture, engineering, and corporate graphics workflows. 

“Customers working in technical fields have a unique need for large format copying and scanning with precise detail, precision and flexibility,” said Jacob Hardin, product manager, Professional Imaging, Epson America, Inc. “With the new SureColor T3170M and T5170M multifunction printers, customers are now able to scan blueprints, renderings, and technical drawings to share with colleagues or convert them to electronic files for editing and reprinting. As more professionals are working remote from home right now, these new models take up minimal space while still providing an advanced feature set for increased productivity.”

The SureColor T3170M and SureColor T5170M multifunction printers feature an integrated 600 dpi high-detail scanner with simple top-loading functionality for easy copying and scanning of blueprints, technical documents, renderings and graphics. In addition, it supports copy enlargements and reductions, as well as enhances tracing and offers highlight detection for scanning annotated blueprints. For easy document sharing, users can scan directly to USB drives, network folders, or scan to e-mail to share documents with team members, including remote and on-site departments, vendors and clients. 

Featuring an industrial-grade Epson PrecisionCore® MicroTFP® printhead for ultra-fast print speeds, the SureColor T3170M and SureColor T5170M produce accurate A1/D-size prints in as fast as 34 seconds and 31 seconds,3 respectfully. The multifunction printers leverage UltraChrome® XD2 pigment ink technology for brilliant color, crisp lines, and smudge and water-resistant prints. Supporting a variety of media – including rolls and sheets – these multifunction printers deliver detailed output on a wide range of media types. Supporting integrated wireless and Wi-Fi Direct® connectivity,4 professionals can easily print from virtually anywhere in the home or office with a smart device5 or from a USB thumb drive. Touting enterprise security features and protocol support, users can print and scan directly to e-mail, network folder or USB drive.

The new SureColor T3170M and SureColor T5170M deliver a range of multifunction features designed to help industry professionals create stunning CAD, GIS, architectural, or engineering technical drawings, including:

  • Ultra-fast Print Speeds – The SureColor T3170M and SureColor T5170M produce A1/D-size prints in as fast as 34 seconds and 31 seconds,3 respectively
  • High-Detail Integrated Scanner – Easily scan and share documents; up to 600 dpi scanner with highlight detection to accurately scan annotated blueprints and drawings
  • Compact, Clean Design – Sleek, compact design1 enhances workspaces
  • Durable, Instant-Dry Prints – Archival-quality, all-pigment-based UltraChrome XD2 inks deliver brilliant color, crisp lines, and smudge and water-resistant prints
  • Versatile Print Media Handling – The SureColor T3170M and SureColor T5170M accommodate rolls and cut sheets up to 24″ and 36″ wide, respectively; the auto-sheet feeder accommodates sheets up to 11″ x 17″
  • Easy to Operate with Robust Standalone Copy Features – Large, intuitive 4.3-inch LCD screen simplifies operation and includes the ability to make copies of large drawings or blueprints directly from the control panel without the need of a computer
  • Print & Scan from Virtually Anywhere in Your Home or Office
     Easily print from or scan to USB thumb drives,6 as well as print from tablets, smartphones,5 and more with integrated wireless plus router-free Wi-Fi Direct printing4
  • Extreme Print Quality and Precision – PrecisionCore MicroTFP printhead with Precision Droplet Control for outstanding clarity; up to 2400 dpi printing resolution captures annotations, lines, and image detail with incredible accuracy
  • Outstanding Productivity – Change cartridges less often with high-capacity ink cartridges up to 50 ml (color) and 80 ml (Black)
  • Enterprise Security Features and Protocol Support – Supports secure PDF printing from PCs and scanning of secure PDFs to USB thumb drives and shared folders, no computer needed

Support and Availability
The Epson SureColor T3170M (Estimated $2,545 MSRP) will be available in January and the SureColor T5170M (Estimated $4,995 MSRP) will be available in Q2 2021 online and through Epson Authorized Professional Imaging Resellers. There are several Epson PreferredSM Plus service coverage plans available that includes toll-free advanced telephone access Monday through Friday and usually next business-day on-site service in the unlikely event of any hardware failure. For additional information, visit www.proimaging.epson.com.

About Epson
Epson is a global technology leader dedicated to becoming indispensable to society by connecting people, things and information with its original efficient, compact and precision technologies. The company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics. Epson is proud of its contributions to realizing a sustainable society and its ongoing efforts to realizing the United Nations’ Sustainable Development Goals.

Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion. global.epson.com/

Epson America, Inc., based in Los Alamitos, Calif., is Epson’s regional headquarters for the U.S., Canada, and Latin America. To learn more about Epson, please visit epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), Twitter (twitter.com/EpsonAmerica), YouTube (youtube.com/epsonamerica), and Instagram (instagram.com/EpsonAmerica).

* This product uses only genuine Epson-brand ink packs. Other brands of ink packs and ink supplies are not compatible and, even if described as compatible, may not function properly.
1 Product size excluding stand.
2 Compared to similarly featured 24-inch and 36-inch color inkjet multifunction CAD printers per industry available data as of September 2020.
3 Print speeds are based on the print engine speed only. Total throughput time for any print depends on various factors including workstation configuration, file size, print resolution, ink coverage and networking. Actual print speeds will vary.
4 Wi-Fi CERTIFIED™; level of performance subject to range and type of the router being used. Wi-Fi Direct may require printer software.
5 Most features require an Internet connection to the printer, as well as an Internet- and/or email-enabled device. For a list of Epson Connect™ enabled printers and compatible devices and apps, visit www.epson.com/connect   
6 Supports printing of raster-based files including JPEG and TIFF; including PDFs scanned on the device. Supports scanning to JPEG, TIFF, PDF, and Encypted/Non-Encrypted PDF File Formats.

EPSON, PrecisionCore, SureColor, TFP, and UltraChrome are registered trademarks and EPSON Exceed Your Vision is a registered logomark of Seiko Epson Corporation. Epson Preferred is a servicemark of Epson America, Inc. Wi-Fi Direct® is a registered trademark and Wi-Fi CERTIFIED™ is a trademark of Wi-Fi Alliance®.All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2020 Epson America, Inc.

 

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SOURCE Epson America, Inc.