Bank of East Asia (China) Ltd. (BEA China) has gained go-ahead from the Shenzhen banking regulatory authority to build a sub-branch in the Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone. The sub-branch, with a ...
Tags: BEA China, Sub-branch
According to the latest report from Frost & Sullivan, the United Arab Emirates (UAE) is showing a greater demand for cloud security solutions, as cloud uptake in the region continues to increase. In its recent "State of Cloud Computing ...
If cross-border rules currently proposed by the US Securities and Exchange Commission and the Commodity Futures Trading Commission are not harmonized, international derivatives markets could be damaged, according to exchange executives and ...
Tags: Cross-Border Rules, Execs Call
At the initiative of Dr. A. Sakthivel, Chairman-AEPC, an Inter-Ministerial Workshop was organized under the Chairmanship of Shri Ajit Seth, IAS, Cabinet Secretary, Govt. of India. The meeting was attended by Secretary (Textiles), Finance ...
Marshall & Swift/Boeckh (MSB) has signed a strategic partnership agreement with Weather Fusion to help insurance carriers to proactively identify pre-existing hail damage on new business and renewal portfolio. The partnership will deliver ...
Tags: MSB Partners, Weather Fusion
The GDP of Henglan Town in 2012 was RMB 7.45bn with a 14.5% growth, while the gross output value of industry and agriculture was over RMB 29bn with a 17.3% growth. For this new year, in order to create more "Green GDP" and to show new ...
Tags: Zhongshan lighting, henglan
South African financial services group Sanlam has concluded the acquisition of a 49% stake in Malaysian niche short-term insurer, Pacific & Orient Insurance Co. Berhad (POI), for nearly MYR270m ($89.m). Sanlam Emerging Markets (SEM), ...
Retail investors will now be able to buy $10,000 parcels of Australian government bonds on the Australian Securities Exchange, five years after the process began to make it possible. ASX chief executive Elmer Funke Kupper launched the ...
Tags: ASX Bond Market, Business
Can the old guard in business continuity and disaster-recovery services thrive in an era when the companies are looking at new ways to process business data? SunGard Data Systems, with decades of experience in availability services, is ...
Tags: Sungard, Cloud Service, Disaster Recovery
Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC). Headquartered in Chicago, Illinois, FNIC offers low ...
Tags: insurance carrier, insurance
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group
Mellanox Technologies Ltd of Sunnyvale, CA, USA and Yokneam, Israel, a supplier of end-to-end InfiniBand and Ethernet interconnect solutions for servers and storage systems, has agreed to acquire privately held Kotura Inc of Monterey Park, ...
Minneapolis-based Allianz Life Insurance Company of North America (Allianz Life) has posted operating profit of $134m for the first quarter of 2013 compared to $217m in 2012. Decrease in the year-over-year quarterly profit and the ...
Tags: Service
General Electric (GE) is reportedly considering sale of its Australia-based insurance business, GE Capital Insurance, in an effort to adjust its Australian portfolio, a source familiar with the deal has revealed. The source was quoted by ...
McAfee is taking advantage of its new owners by rolling out a high-throughput intrusion-prevention system (IPS) family built on Intel technology. The Intel-based NS-Series comes in three models: the 2U-sized 9100 and 9200 models and the ...
Tags: Computer Products, software