Chinese banks fuel expansion overseas in succession due to a profit slowdown rooted from the domestic economic downturn. For an example, Bank of Communications (BoCom, SEHK: 3328 and SHSE: 601328), the fifth-biggest commercial lender ...
Tags: economy, China Banks, Fueling Expansion
NetSuite is beefing up its cloud-based ERP software's order-processing features by acquiring OrderMotion, a move that could strengthen its appeal to customers in retailing. Terms of the deal, announced Wednesday, were not disclosed. ...
Tags: Netsuite, Ordermotion
Companies should be using the high dollar as an opportunity to invest in businesses offshore, says Francesco de Ferrari, a senior private banker with Credit Suisse. "Big companies should go on a shopping spree. The entrepreneurs get it ...
Tags: Credit Suisse Banker, economy
Audio specialist Sennheiser will support The American Pavilion at the Cannes International Film Festival during its Conference Series this year in Cannes, which will feature panels and one-on-one interviews with the film industry's leading ...
Tags: Sennheiser, Headphones
Nobia AB is meanwhile considering making further acquisitions with a view to penetrating new markets. CEO Morten Falkenberg explained the background to these considerations at an analysists' conference held on 30 April 2013 to discuss ...
Tags: Acquisitions, Construction
Mondi stated that this will be the first industrial bags plant to be based in Iraq and will serve the growing cement industry which is rebuilding the country. Together with local partner, Kaso Group, this Greenfield project is set to ...
Tags: Mondi, Bags Plant
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
Yahoo has acquired Astrid, a to-do list and personal assistant mobile app, and the developers behind it for an undisclosed sum. The Internet company has acquired both the talent and the technology in the deal, a spokeswoman said in an ...
After a vetting process that lasted a little more than six months, Intel has named Brian Krzanich as its next CEO, succeeding Paul Otellini, who will officially hand over the reins of the chip giant at the company's annual stockholders' ...
Tags: Intel, Brian Krzanich
The supplier base for PV inverters further fragmented in 2012, with the total market share of the 10 largest suppliers falling by more than four percentage points, according to IHS. This was partly due to strong growth in demand from ...
Tags: PV inverter, Lights, Lighting
Australia-based miner BC Iron has announced that, together with its strategic partner Australia's Cleveland Mining Company Ltd, it has signed a memorandum of understanding to earn the right to acquire 80 percent of three iron ore ...
Tags: BC Iron, Cleveland Alliance
Pregis Corporation, a leading supplier of protective packaging solutions, has acquired Surface Guard, Aurora, Ill., for an undisclosed amount. The acquisition will add new protective film, cohesive material and single-face corrugated ...
Bebe stores, inc. announced that it has promoted Liyuan Woo to the position of Chief Financial Officer (“CFO”). Ms. Woo, who currently serves as the Company’s Principal Accounting Officer and Vice President-Corporate ...
Tags: Bebe stores, Apparel
G&K Services, Inc. reported operating results for the third quarter of its fiscal year 2013, which ended on March 30, 2013. Third quarter revenue grew by 3.6 percent to $226.6 million, up from $218.8 million in last year’s third ...
Tags: G&K Services, Apparel
Global CRM (customer relationship management) revenue grew 12.5 percent last year to US$18 billion, a rate three times that of all enterprise software segments on average, as companies look to acquire more business and serve existing ...
Tags: CRM Revenue, Global CRM