The rating on Steel Authority of India Ltd reflects the company's good market position and diverse customers in India and its favorable cost position due to its captive sources of iron ore. SAIL's good access to funding as a government ...
Tags: Steel, iron ore, steel producer, steelmaking capacity
First Majestic Silver Corp and Orko Silver Corp announced that the companies have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which First Majestic has agreed to acquire all of the issued and outstanding ...
Tags: Majestic, Orko Silver, Construction
BT has announced that Luis Alvarez is to become CEO, BT Global Services from October 1 this year, taking over from Jeff Kelly who will be returning to the US after three years in the role. Alvarez has been with BT for 12 years in a ...
Tags: BT, CEO, Jeff Kelly, Luis Alvarez, Global Services
By Clive Longbottom and Rob Bamforth When attempting to maximise the overall value of IT assets through the application of a suitable IT lifecycle management (ITLM) process, the one issue that is found time and time again is how best to ...
Tags: IT assets, IT lifecycle management, risk profile, ITLM strategy
Prudential Insurance will be discontinuing the sale of new group long-term care insurance policies in a bid to focus on providing products required by state law for a period of time. The sales will be halted in all states except ...
Security experts are warning businesses to take the publication of encrypted LinkedIn passwords by a hacker seriously. The professional networking site has confirmed that "some" of the stolen passwords posted online by a hacker correspond ...
Tags: security experts, businesses, LinkedIn passwords, hacker
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Carpenter Technology Corp, business risk, financial risk
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Metallurgy, Mineral
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
ACE and Willis Re Analytics have introduced ACE Cat Web platform to assist companies evaluate their catastrophe exposures, as well as those of their suppliers and customers. The ACE Cat Web Platform uses information on earthquake, storm ...
Tags: ACE, Cat Web, global mapping tool
SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
Novartis has announced a label change for Gilenya in the US, to include cardiovascular monitoring, while the EMA has called for similar changes in Europe. The US label changes are the result of discussions with the FDA, following ...
When it comes to good government IT strategy, only collaboration will work in the long term, according to Hord Tipton, executive director of professional certification body (ISC)2. But after that, governments should stop trying to ...
Life assurance consolidator Phoenix has agreed to transfer a £5bn annuity book to Guardian Financial Services, a private equity-backed competitor. Established by Hugh Osmond, Phoenix is debt-laden known as Pearl to fund the ...
Tags: Phoenix, Annuity Deal, Guardian
Sapiens International has unveiled business intelligence (BI) module to provide enhanced reporting and decision-making capabilities for Sapiens Reinsurance solution. Provided as an add-on module to Sapiens Reinsurance, the Reinsurance BI ...
Tags: Sapiens, Business Intelligence, Reinsurance