Bloomberg reported that China may maintain its annual economic growth target at 7.5% next year in a sign the new leadership headed by Xi Jinping won't tolerate a bigger slowdown from the lowest goal since 2004. Nine of 16 analysts ...
Tags: annual economic growth target, lowest goal, evidence growth
The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 ...
Tags: credit facility, construction markets, building materials
Vitamin and supplement giant NBTY has acquired US energy bar brand Balance Bar from private-equity firm Brynwood Partners VI. Brynwood, which acquired the brand from Kraft Foods in 2009, announced the sale for an undisclosed sum yesterday ...
Tags: NBTY, vitamin, supplement, Kraft Foods, energy bar
The Metropolitan Police Service's IT director talks to Computer Weekly about the Olympian challenges facing IT transformation at the Met now the London 2012 Games are over. Steve Whatson(pictured),director of ICT for the Olympics and ...
Tags: Metropolitan Police, ICT, Steve Whatson, cloud-based
Paris based insurer Societe Generale has named Jean-Luc Parer as the head of its international retail banking division, which also makes him the member of the executive committee of the group. Jean-Luc Parer succeeds Jean-Louis ...
Tags: Societe Generale, Jean-Luc Parer, SocGen, special advisor
KeyBanc Capital Markets Inc. recently announced the appointment of Mario Toukan as head of the chemicals practice. Prior to assuming this role, Toukan spent 13 years as an M&A focused banker and served as KeyBanc Capital Markets’ ...
Genworth Financial has named Martin Klein as its acting chief executive officer and James Riepe as non-executive chairman of the Board, following the resignation of its current chief executive officer Michael Fraizer. Riepe said Fraizer ...
Tags: Genworth Financial, Martin Klein, director board, executive officer
Compania Pesquera Camanchaca,a seafood producer and exporter based in Chile,has divested its wholly-owned fishing and fishmeal subsidiary in Ecuador,Pesquera Centromar,to a group of investors led by Peru's Congelados Peruana del ...
Computerworld-Tablet trade-in queries plummeted by 45%when Apple introduced its new iPad Mini,hinting that the smaller Apple device is not significantly cannibalizing sales of the larger tablet,an electronics recycling firm said today. ...
Tags: iPad Mini, Tablet trade, brick-and-mortar, retailers
US-based health service and insurance provider Cigna has finalized the acquisition of 51% stake in Finans Emeklilik, Finansbank's insurance subsidiary in Turkey, following a regulatory approval from the Treasury of Turkey in early November. ...
Tags: health service, health insurance, acquisition, life insurance, pension
IDG News Service - Almost half of IT managers in a survey last month said that they plan to standardize their company's mobile platform on devices running Microsoft operating systems, including smartphone OSes Windows Phone 7.5 and Windows ...
Tags: mobile platform, IT managers, investment
Hong Kong-based Li&Fung Limited,the multinational consumer goods sourcing,distribution,and logistics group,announced it has appointed Ed Lam,MBA,CPA,as Chief Financial Officer in line with expansion of the senior management team to ...
Tags: Li&Fung, consumer goods, Ed Lam, CFO
When the recession hit in 2008,Congress and big tech employers mostly shelved the idea of creating more H-1B visas to combat what some described as a skills shortage.This year,however,proposals for overhauling work visa programs have ...
Tags: recession, H-1B visas, federal government, Washington
European regulations for the gambling sector,launching new products and driving revenue growth as a recently floated public company put enormous pressure on the IT team at Betfair. But chief technology officer(CTO)Tony McAlister,in post ...
Tags: Tony McAlister, Betfair, European regulations, CRM system
Insmed, a biopharmaceutical company developing inhalation therapeutics for patients suffering from orphan lung diseases, has named Will Lewis as president and chief executive officer. Lewis has also been appointed to the company's board ...