Aberdeen's Lord Lieutenant George Adam, acting on behalf of Her Majesty the Queen, presented ModuSpec Engineering UK Limited, now Lloyds Register Energy – Drilling with the Queen's Award for Enterprise in International Trade award ...
Tags: Metallurgy, Mineral, Energy
Hormel Foods Corporation today reported its performance for the fiscal year 2013 fourth quarter and full year. All comparisons are to the fourth quarter or full year of fiscal 2012. The company reported fiscal 2013 fourth quarter net ...
Tags: Hormel Foods Corporation, reported its performance, Fourth Quarter
Lloyds Bank has revealed how using service virtualisation has helped it cut app development costs by reducing testing times and highlighting defects earlier so that they can be fixed more cheaply. The bank, which uses CA ...
Tags: lloyds, bank, service, virtualisation, app, development, cost
A pioneering consortium aimed at helping developing and emerging nations improve the efficiency of their oil & gas and renewables’ industries was launched at a United Nations Association Scotland (UNAS) charity dinner in Edinburgh on ...
Tags: consortium, oil, gas, energy, Ethical
The Co-operative Bank is to invest another £500m in upgrading its IT systems over the next three years as the Co-operative Group cedes control of its troubled bank to US hedge funds. The news was revealed as the Bank unveiled a ...
Tags: Computer Products, bank, software
The Co-operative Bank has written down £148.4m after deciding not to go ahead with the implementation of a new core banking platform. The bank revealed the write down as part of its financial results for the six months to 30 June ...
Tags: Computer Products
Lloyds Banking Group is looking for 30 IT apprentices to take up specialist roles that it says cannot be filled by graduates. The group, which is the parent company of high street bank Lloyds TSB, is looking for school leavers with a ...
Tags: Transportation, truck
Germany-based reinsurance group Hannover Re is in discussions to acquire a minority stake in Lloyds Banking Group’s German arm, Heidelberger Leben, for approximately €100m ($133.5m). The sale of stake in Heidelberger Leben is ...
Tags: reinsurance, Hannover Re
Lloyds Banking Group, a 40% government-owned UK lender, is mulling to divest its German insurance business Heidelberger Leben to Frankfurt-listed insurer Hannover Re, in a transaction valued at approximately €400m ($533m). As part of ...
Tags: Lloyds Banking, Insurance
Lloyds Bank is to work with mobile payments company Monitise to develop a suite of mobile card acceptance services for small businesses. The services will be developed on Monitise's mPOS platform and aimed, in particular, at ...
Tags: Lloyds Bank, Mobile Payments, Monitise
GR–NEAM, a wholly-owned subsidiary of General Re, has set up a new office in London, UK, in an effort to expand its global insurance asset management capabilities. A branch of the company's Dublin subsidiary, the new office is ...
Tags: GR–NEAM, subsidiary
Crediton Dairy - makers of Mars Family Refuel chocolate milk - has pledged to back British suppliers Former Milk Link bosses Neil Kennedy and Tim Smiddy issued the promise in a joint statement following the announcement of the sale of the ...
Tags: Agriculture, Food
Sainsbury's Bank, the 50/50 joint venture between the supermarket chain and Lloyds Bank, will outsource its entire banking IT platform when Sainsbury's takes complete control of the financial services organisation. Further reading ...
Tags: Sainsbury, IT, Computer Products
Britain’s third largest supermarket Sainsbury has taken full control of Sainsbury’s Bank, after acquiring the remaining 50% shareholding from Lloyds Banking Group for 248M. Sainsbury: banking on the growth of its financial ...
Tags: Sainsbury, Agriculture
London-based underwriter Aviva is considering purchasing the Co-operative Group general insurance business in a deal valued at approximately £650m ($989.82m). Co-operative Group, which operates as one of the UK's largest consumer ...
Tags: Aviva, Co-Operating Insurance