Sydney-based underwriter QBE Australia is to divest its National Credit Insurance Brokers (NCIB) business and professional indemnity authorized representative Invivo by the end of 2013. Following completion of listing process, the ...
Tags: Insurance Brokerage, QBE
Nokia has bought Siemens' 50 per cent stake in Nokia-Siemens Networks (NSN) for €1.7bn, enabling it to re-take full control of its telecoms network business. "With its clear strategic focus and strong leadership team, Nokia Siemens ...
Tags: Nokia, Siemens, Telecoms Equipment
The most capable mowers have engines powerful enough to run the blade through tall,heavy grass.Even more essential is the mower deck,which houses the blade and takes care of processing and evenly dispersing the grass clippings.But how to ...
According to report released by Germany-based service centre group Damstahl, the European stainless steel market is slowing no substantial change in the second quarter, in comparison of a quarter ago. Damstahl said that the stainless steel ...
Tags: Construction, Decoration, Metallurgy, Mineral, Energy
Brazilian meat producer JBS has agreed to acquire local poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt. As part of the deal, ...
SAN FRANCISCO -- Consumerization of IT and self-service trends will lead to a restructuring of the today's IT shop, leaving behind a hybrid model consisting of tech consultants and integrators. "The business itself will be the IT ...
Tags: IT Department, Self-service
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
Global research firm Gartner has released the findings from its ninth annual Supply Chain Top 25. The goal of the Supply Chain Top 25 research initiative is to raise awareness of the supply chain discipline and how it impacts business ...
European airlines and airports are facing fundamental changes: The increasing popularity of low-cost carriers and airlines from the Middle East is changing the competitive landscape. Leisure and business travelers' strong price sensitivity ...
Tags: Transportation, Airlines
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...
Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
Swiss-based special steel producer and distributor Schmolz+Bickenbach has announced its financial results for the first quarter of 2013, reporting a net loss for the period. In the first quarter, Schmolz+Bickenbach registered a net loss ...
Tags: Schmolz+Bickenbach, Net Loss, Q1
With sales and marketing departments having more control over the technology agenda in many organisations, CIOs need to think about whether they are putting in enough time and effort in their relationship with the chief marketing officer ...
In keeping with the austerity push that has been a hallmark of the broking sector since the global financial crisis erupted, Wilson HTM's staff last month vacated their digs - and harbour views - at Sydney's Governor Phillip Tower. In ...
Tags: Listed Brokers, Market Rebound