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European Shares Seen Up As Merkel Settles Migration Row

(RTTNews) – European stocks are set to open a tad higher on Tuesday even as concerns persist over trade relations between the U.S. and other major economies.

Asian markets extended their slide ahead of the July 6 deadline when the United States is due to impose the tariffs on Chinese exports.

The yuan extended losses to hover near an 11-month low on growth and trade war concerns amid the buzz the U.S. may withdraw from the World Trade Organization.

The euro held up against the dollar after German Chancellor Angela Merkel and her coalition partners reached a compromise deal to end a dispute over managing immigration.

Oil prices climbed in Asian trading after Libya declared force majeure on significant amounts of its supply.

On the data front, a report on Eurozone retails is due later in the session. Across the Atlantic, the Commerce Department’s report on factory orders in the month of May could attract some attention ahead of the July 4th holiday.

Overnight, U.S. stocks climbed well off their session lows to end higher as technology shares rebounded and data showed American factory activity accelerated for the second straight month this summer.

The Dow inched up 0.2 percent, the SP 500 gained 0.3 percent and the tech-heavy Nasdaq Composite added 0.8 percent.

European markets fell on Monday, with concerns over global trade and political instability in Germany weighing on markets.

The pan-European Stoxx Europe 600 index gave up 0.8 percent. The German DAX dropped 0.6 percent, France’s CAC 40 index shed 0.9 percent and the U.K.’s FTSE 100 tumbled 1.2 percent.

Tieto and BC Platforms Bring Genomics to Precision Medicine for More Personalized Care

WASHINGTON, July 3, 2018 /PRNewswire/ — Tieto and BC Platforms bring genomics to precision medicine. This new approach will transform healthcare providers’ clinical decision making by providing them a new platform for more accurate and faster diagnoses, and thereby contributing to even more personalized care.

As noted at e.g. the global Healthcare Information and Management Systems Society (HIMSS) 2018 summit, precision medicine is entering the mainstream clinical workflow by facilitating better predictive care. This paradigm shift is enabled by the scientific and technological advances in the field of genomics leading to time and cost no longer constituting a barrier for precision medicine.

Tieto, one of the largest healthcare IT providers in Northern Europe, together with BC Platforms, a world leader in genomic data management and analytics, partnered to bring the benefits of genomics into predictive medicine. A new platform which combines genomics data and clinical data, provides new means for improving the quality of the diagnostic process. Tieto and BC Platform will do joint solution development and marketing leveraging BC platforms niche expertise together with Tieto’s strong position as a leading IT solution, integrator and service provider for the Nordic Health professionals.

“Genomic medicine is making a large impact to clinical care quality in the fields of oncology, pharmacology, rare and undiagnosed diseases, and infectious diseases. Together with BC Platforms, we can empower our Lifecare solutions for Lab Information Management Systems (LIMS) and Electronic Medical Records (EMR) offerings to ensure that genomics data together with clinical data will be used to more accurately guide individual diagnoses and treatments, but also provide support of preventive and predictive medical decision making,” says Inge Andersson, Head of Product Portfolio and Offerings at  Healthcare, Welfare and Education Nordic at Tieto.

“Major Nordic Hospitals are very much at the forefront of deploying solutions to personalize their patients’ healthcare. The ability to process raw genome data in one platform to deliver actionable patient reports is a major advancement. Tieto is the largest healthcare specific system integrator in North Europe with a long history in healthcare, which makes them a great partner for us,” comments Brett Villagrand, Head of Marketing at BC Platforms. “BC Platforms wants to “democratize” the use of genomic data in both healthcare and Life Sciences. Partnerships like the one with Tieto will deliver on the promise of precision medicine.”

For additional information, please contact:

Inge Andersson, Head of Product Portfolio and Offerings , Healthcare, Welfare and Education Nordic, Tieto, Phone: +46(72)2442691, e-mail: inge.andersson@tieto.com

Brett Villagrand, Head of Marketing, BC Platforms AG, Phone: +1-650-255-8476, e-mail: brett.villagrand@bcplatforms.com

About BC Platforms

BC Platforms is a world leader in providing powerful genomic data management and analysis solutions. Our high performing genomic data management platform enables flexible data integration, secure analysis and interpretation of molecular and clinical information. The company has launched and opened a global network of biobanks, known as BCRQUEST.COM, to provide genomic and clinical cohort data for pharmaceutical and medical research and development. BC Platforms’ vision is to build the world’s leading analytics platform for healthcare and industry by 2020, providing access to diverse genomic and clinical data and samples from more than 5 million subjects consolidated from a global network of biobanks.

Founded in 1997 from an MIT Whitehead project spinoff, the Company has a strong scientific heritage underpinned by 20 years of working in close collaboration with a network of leading researchers, developers, manufacturers and vendors. BC Platforms has global operations with its headquarters in Basel, Switzerland, research and development in Helsinki, Finland, and sales and marketing in London, Boston, and Vancouver. www.bcplatforms.com

About Tieto

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com

This information was brought to you by Cision http://news.cision.com

TF Bank AB (publ): Invitation to the Presentation of the Interim Report for January

STOCKHOLM, July 3, 2018 /PRNewswire/ — TF Bank AB will publish its interim report for the period January – June 2018, Friday 13 July at 07.00 CET. We welcome media, institutional investors, analysts and other interested parties to participate in a telephone conference at 08.15 CET.

Agenda (CET)
07.00 – Interim report published

08.15 – Telephone conference with CEO Mattias Carlsson and CFO Mikael Meomuttel. It will be possible to ask questions after the presentation. 

To follow the telephone conference on-line go to www.tfbankgroup.com . To participate in the telephone conference, please call in using the relevant number indicated below approximately 15 minutes before the start of the conference:

SE: +46 (0)8-5664-2665
UK: +44 (0)20-3008-9810

The presentation will be held in Swedish while the material will be in English. 

For further information, please contact:
Mikael Meomuttel
CFO and Head of Investor Relations
+46 (0)70-626-95-33

TF Bank in brief

TF Bank is an internet-based niche bank offering consumer banking services through its proprietary IT-platform with a high degree of automation. The company’s IT-platform is designed for scalability and adaptation to different products, countries, currencies and digital banking solutions. TF Bank carries out deposit and lending activities with consumers in Sweden, Finland, Norway, Denmark, Poland, Germany, Estonia, Latvia and Lithuania through subsidiary, branch or cross-border banking. The business is divided into two segments: Consumer Lending and Ecommerce Solutions.

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/tf-bank-ab–publ-/r/tf-bank-ab–publ–invitation-to-the-presentation-of-the-interim-report-for-january—june-2018,c2566000

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Romania Retail Sales Growth Eases In May

(RTTNews) – Romania’s retail sales growth moderated in May after accelerating in the previous month, figures from the National Institute of Statistics showed Tuesday.

Retail sales, excluding automobile trade advanced a seasonally and working-day-adjusted 6.6 percent year-over-year in May, slower than April’s 8.3 percent growth.

Sales have been rising since April 2015.

Sales of food, beverages and tobacco grew 4.3 percent annually in May and those of non-food products climbed by 7.3 percent.

Month-on-month, retail sales increased at a stable rate of 2.1 percent in May.

Another report from the statistical office showed that producer price inflation accelerated to 5.2 percent in May from 4.2 percent in April. Month-on-month, producer prices went up 0.8 percent.