Last night, the 11th annual Lighting Design Awards took place at the London Hilton, Park Lane. More than 740 of the country's leading lighting designers, manufacturers and architects gathered to celebrate another successful year in the ...
Tags: Lighting Design, Lighting, LED
US-based diversified conglomerate Berkshire Hathaway has agreed to reimburse $610m to Swiss Re, a re/insurance group, over a life retrocession agreement that was completed in 2010. After the completion of the agreement, the total ...
Tags: Service
A new order for two Merlin progressing cavity pumps has helped focus the spotlight on the value of the technical expertise and support available from NOV Mono. In addition to supplying new pumps and spares to Jet-Lube of Maidenhead, ...
Tags: Manufacturing, Processing Machinery, pumps, Industrial Equipment
A new order for two Merlin progressing cavity pumps has helped focus the spotlight on the value of the technical expertise and support available from NOV Mono. In addition to supplying new pumps and spares to Jet-Lube of Maidenhead, ...
Brazilian investment firm 3G Capital’s owner Jorge Paulo Lemann has acquired 20% stake in icecream manufacturer Diletto for BRL100m ($50.5m). The transaction was completed in January and was handled through Innova, a fund controlled ...
Tags: ice cream firm, ice cream, icecream
On March 1, "Fortune" magazine publishes "2013 Global Most Admired Companies" list and Baosteel is again on the list.. According to this year's "Fortune" list, Apple, Google, Amazon rank the top three of the Most Admired Companies and ...
Tags: Fortune magazine, Baosteel, 2013 Global Most Admired Companies
Government Employees Insurance Company (GEICO), a US motor insurer, has appointed Seth Ingall as the new senior vice president of the company to manage claims home office, staff counsel, communications and the GEICO philanthropic ...
Tags: GEICO, motor insurer, vice president
The food industry’s biggest ever takeover was announced over the past month with the sale of Heinz to a consortium led by the sage of Omaha, Warren Buffett, and Brazilian private equity specialist Jorge Lemann’s 3G Capital group ...
Louie Blumkin was a retail visionary with a brilliant mind for names and numbers, a deeply philanthropic leader and a man who always put his family first. That's how family and friends are remembering the chairman emeritus of Nebraska ...
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
The number of exclusive agencies at Allstate Corp. is down. In a document filed Wednesday with the Securities and Exchange Commission, Allstate said it has about 9,300 exclusive agencies. That's down from about 10,000 in 2011. But it ...
Tags: market share, Allstate, insurance
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
The US Securities and Exchange Commission is reportedly looking at a surge in options trading in the hours before Heinz announced it had agreed to a US$28bn takeover bid. The New York Times said today (15 February) the SEC had opened an ...
Tags: SEC, options trading, Heinz
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital
Famed US investor Warren Buffett today (14 February) labelled Heinz as his "kind of company" after his Berkshire Hathaway fund struck a deal to pay US$28bn for the ketchup giant. Speaking to CNBC after Berkshire's offer was announced - ...
Tags: Warren Buffett, Heinz, kind of company