Kitwave Wholesale Group, an independent UK wholesaler of FMCG products, has added an eleventh company to its group following the acquisition of Angelbell by acquiring Hulleys Frozen. The acquisition is an excellent fit within the Kitwave ...
Tags: Kitwave Wholesale Group, FMCG products, frozen food, food production
India now has its first online platform, SMEcorner.com, which will address capital and financial needs of India’s vast small and medium enterprises (SMEs). SMEcorner.com has tied up with India’s biggest ecommerce retailer, ...
Tags: Lending Platform, Textile
Patriot Coal Corporation announced Thursday its emergence from Chapter 11 as a reorganized company. The Company exits the 18-month restructuring process with a strong balance sheet, competitive cost structure, and streamlined operating ...
Tags: Patriot Coal, Mineral
Trafigura's Mining Group announced that it has entered into an agreement to sell its 98.68% stake in Compañia Minera Condestable SA ("CMC") to Southern Peaks Mining LP ("SPM"). Completion of the sale is subject to certain conditions ...
KapStone Paper and Packaging has completed the previously announced stock purchase of US containerboard manufacturer Longview Fibre Paper and Packaging for $1.03bn. KapStone chairman and chief executive officer Roger Stone said the ...
Tags: KapStone Paper, Packaging
A wholly-owned subsidiary of Bermuda-based Enstar Group (ESGR) has acquired SeaBright, a multi-jurisdictional workers' compensation insurance company, as part of an agreement originally proposed in August 2012. Based on the terms of the ...
Tags: Enstar Group, SeaBright, workers'compensation insurance
Michael Dell will launch his private-equity-backed plan to take Dell, the company he started in 1984, private as early as next week. The founder and CEO of the PC vendor is expected to offer $24bn (£15.3bn) or more with the backing ...
Tags: Michael Dell, Silver Lake Partners, Dell
Barclays Pingit has been named in the App Store Best of 2012 list in the UK by Apple. The ground-breaking mobile payments app was selected from thousands in the Apple store for recognition in the awards' 'Disruptive Services' section, ...
Tags: Barclays Pingit, App Store, apps
Barclays Bank recently announced that by the arid climate impact of the American, the market supply of wheat was reducing. Global cereal market in the past few months had to quickly absorb the supply of corn and soybean markets, but from a ...
Tags: Wheat Market, Barclays Bank, wheat industry
Barclays bank has adopted Salesforce’s enterprise social networking tool, Chatter, to help sales teams keep closer contact with their customers. At the roll-out, during this week’s Dreamforce conference in San Francisco, ...
Tags: Barclays bank, Salesforce, social networking tool, Chatter
Almost three quarters of retail banks are increasing how much they spend on innovation as they attempt to better engage customers through mobile and online channels. According to a study of 300 banks in 66 countries, carried out by IT ...
The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months,despite continued tough market conditions. With customer demands changing,banks have to innovate around things like mobile ...
Tags: Financial Services, IT, bank, mobile banking, Barclays, RBS
Russia's state-owned Rosneft has signed two loan agreements with a group of international banks for a total of $16.8 billion to finance acquisition of BP's 50% stake in Anglo-Russian TNK-BP, the company said Monday. "Pursuant to these ...
Does banking have the allure of a new Apple product? Barclays Bank thinks it does. Barclays is attempting to redefine banking as it tries to mimic the success of companies like Apple, Amazon and Google. PingIt, the bank's real-time ...
Tags: banking, Apple product, Barclays, payment application
Java's recent security woes are not scaring off developers, who don't see Java as any more vulnerable than any other platform. "There's nothing fundamentally wrong with Java," says Gonzalo Diethelm, in charge of architecture and development ...
Tags: Java, security woes, developers, security