Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...
Tags: Reliance Life
In new jobs after graduating from university, Eric Perriard and Tom Wright found their employers could articulate grandiose strategies for their businesses. But there was little connection to how the average employee could help out. ...
Tags: Computer Products, software
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
According to the annual BMO Back to School Survey released, retailers should expect to see a boost from back-to-school shopping this year as Canadians plan to spend more on school materials compared to last year. According to the survey, ...
Tags: School Shopping, economy, Apparel
HP CEO Meg Whitman has revealed that the company is still in the market for technology industry acquisitions - but "only" up to $1.5bn in value. Speaking in a US television interview after unveiling lacklustre financial results, Whitman ...
Tags: HP, Computer Products, software
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
Internet surveillance by the National Security Agency (NSA), leaked to the media by ex-contractor Edward Snowden, has shifted companies' priorities when sizing up cloud services providers in and outside the U.S., experts say. The economic ...
Tags: Cloud, Computer Products
Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
For its fiscal first-quarter 2014 (to 28 June 2013), Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray terahertz instrumentation) has ...
Tags: Electrical, Electronics, optical receivers
IBM is to acquire security firm Trusteer, whose software aims to help protect organisations against financial fraud and advanced security threats. Financial terms were not disclosed. Further reading IBM acquires cloud computing firm CSL ...
Tags: IBM, Financial Security
Scotland-based Mackie’s Crisps, a joint venture between Taylors Food Group and Mackie’s of Scotland, has opened a new crisp manufacturing facility in Errol, Perthshire. With the new facility, Mackie's production has more than ...
Tags: Mackie's Crisps
China's economy performed better than expected in July with inflation stable and industrial production strengthened. China's consumer price index, the main gauge of inflation, grew 2.7 percent from a year earlier in July, with retail ...
Tags: China's economy
UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV