Category Archives: Spirituality & Money Gate

ChinaSavvy lands prestigious USD 1.3 million engineering contract to supply components for high-tech storage systems.

Christopher Devereux, the Managing Director of ChinaSavvy today announced the company’s receipt of a USD 1.3 million order to supply components for high-tech robotic storage systems by Hamilton Storage, a global company with headquarters in Massachusetts, United States.

ChinaSavvy is a British owned and managed engineering and manufacturing company based in China. The company, founded in 2003, was established with the primary aim of delivering world-class engineering and manufacturing services to blue-chip companies in USA, UK, Australia and many other countries around the globe, while taking advantage of low Chinese manufacturing costs.

In the bid to achieve world-class engineering in China, Chinasavvy, an ISO 9001-2008 company, recruited highly qualified engineers and tech veterans and coupled them with state-of-the-art technology in the engineering and manufacturing industry. The company has earned a global reputation in the delivery of high quality, world-class engineering and manufacturing services at affordable prices. ChinaSavvy’s customer base is extremely loyal with companies continuing to rely on Chinasavvy for engineering and manufacturing after 10 to 12 years. And Hamilton has already indicated a long-term commitment to Chinasavvy for further components and systems.

The initial US$1.3 million order is to supply components for ultra low temperature robotic storage systems in United States of America to major pharmaceutical companies. Hamilton Storage, part of the Hamilton group, has operations world-wide and are leaders in this field.

Christopher Devereux, the Managing Director of ChinaSavvy says, “We are committed to ensuring that we deliver exceptional world-class engineering and manufacturing services to Hamilton Storage, to cement the business partnership and prove to them that they have taken the right business decision. Once again we have shown that ‘China pricing’ can go hand in hand with exceptional quality and on-time deliveries.
For this order we are combining various manufacturing skills including: aluminium extrusion and punching; laser cutting, die-casting; injection moulding; fabrication and assembly”.

Dave Recchia, Head of Purchasing at Hamilton Storage says, “Hamilton Storage conducted an extensive search for a new manufacturing partner last summer. During this search our purchasing team discovered ChinaSavvy. It became evident very quickly during the quoting process that ChinaSavvy was unique among other vendors in Asia. We were very impressed with the turnaround time on quotes, the ease of communication in English, and also the highly competitive pricing.”

John Genereux – Director of R&D at Hamilton Storage added:

“As initial work progresses we see ChinaSavvy’s commitment to our project and their deep focus on sound engineering and overall product quality. Hamilton Storage looks forward to a long productive partnership with ChinaSavvy and would recommend them to other companies looking for a highly competent partner in Asia.”

For further information about ChinaSavvy visit www.chinasavvy.com

Media Contact:
Contact Person: Christopher Devereux
Managing Director, ChinaSavvy HK Ltd
Tel: +44 (0)1373 830577 : +44 (0)7833 716990 : +86 139 2416 9140 (China mobile – principle contact number)
Email: cpd@chinasavvy.com
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Libya mayors say Europe’s migration crisis should not be dumped on them

FILE PHOTO: Migrants rests after disembarking from Dignity ship in the Sicilian harbour of AugustaBy Ahmed Elumami TRIPOLI (Reuters) – Mayors from Libya's desert south to its northern shores fear a deal between Tripoli and Rome to fund migrant holding centres in this north African country will simply shift Europe's migration crisis onto Libyan soil. The Mediterranean Sea between Libya and Italy has become the main crossing point for asylum seekers and economic migrants seeking a better life in Europe. The deal foresees European Union money for holding centres in towns and cities along the main human trafficking routes criss-crossing Libya, as well as training and equipment to fight the smugglers.


Kirin to buy Mandalay Brewery to dominate Myanmar market: report

After purchasing Mandalay Brewery, Japanese brewer Kirin will control 90 percent of the Myanmar's beer marketJapanese brewer Kirin will buy Mandalay Brewery of Myanmar for an estimated several hundred million yen (several million dollars) in its latest effort to strengthen its presence in the Asia-Oceania region, a newspaper said on Saturday. Kirin will create a local subsidiary to take over the country's oldest brewery, based in the northern city of Mandalay, from the military-backed Myanmar Economic Holdings, the Nikkei business daily said. The Myanmar Investment Commission is expected to approve the deal soon, it said.


The biggest players today on Wall Street? Algorithms

Algorithms were at the center of the so-called "Flash Crash" in May 2010, when the US stock market plunged over nine percent in minutes for no discernible reasonThey are agnostic on market direction, but ubiquitous in markets. Firms like Goldman Sachs and Morgan Stanley may get the headlines, but algorithms are the real force today on Wall Street. The quickfire crash and recovery underscored the pivotal role of algorithms, which execute automated trades after taking instantaneous readings of inputs that can include news events, economic data and stock price movements.


EU finance chief says UK faces disruption after Brexit

EC Vice-President Dombrovskis addresses a news conference in BrusselsBy Huw Jones LONDON (Reuters) – Britain is likely to face some economic disruption and worse trading terms if it loses access to the European single market when it leaves the EU in 2019, the bloc's financial services chief said on Friday. Valdis Dombrovskis, who is also vice president of the European Commission, said "lots of time and energy" would be spent on negotiating new trading terms if British Prime Minister Theresa May pressed ahead with a so-called "hard Brexit" plan to leave the single market. "If the UK is outside the internal market, we need to find a workable solution," Dombrovskis said at a Bloomberg event in London.


Abe ‘optimistic’ about positive outcome to trade talks with Trump

Japanese Prime Minister Shinzo Abe said on Friday that he and U.S. President Donald Trump would discuss trade and economic issues at a working lunch and he was “optimistic” there would be good results from the dialogue. Abe said he was “fully aware” of Trump’s decision to withdraw from the Trans-Pacific Partnership multilateral trade accord. “I am quite optimistic that … good results will be seen from the dialogue,” he said, adding that Japan was looking for a fair, common set of rules for trade in the region.

Germany says U.S. demand for more NATO burden-sharing is ‘fair’

German Defence Minister von der Leyen attends a ceremony to welcome the German battalion being deployed to Lithuania in RuklaBy Sabine Siebold WASHINGTON (Reuters) – The U.S. call for NATO partners to step up funding for the transatlantic alliance is "a fair demand," German Defense Minister Ursula von der Leyen said on Friday after what she called a positive first meeting with Defense Secretary James Mattis. Germany and other European powers were unnerved when President Donald Trump during the election campaign accused NATO allies of failing to pay their way, and described the alliance shortly before he took office last month as "obsolete." Trump offered some reassurance this week when he told U.S. forces: "We strongly support NATO." Von der Leyen said Germany, which spends less than the NATO target of 2 percent of economic output on defense, understood it needed to increase that amount.


70-Fold Price Increase Puts Drug at $89,000

Marathon Pharmaceuticals will charge $89,000 annually in the U.S. for a decades-old steroidal drug that was approved for U.S. sale for the first time on Thursday, a price that is as much as 70 times higher than the drug’s price overseas. All images and written content is property of the listed RSS FEED if you would like more on this story and images please click the listed feed. http://www.wsj.com/xml/rss/3_7014.xml