French retail giant Carrefour has suggested that efforts to improve the performance of its hypermarkets in France were paying off, despite sales falling in the second quarter of the year. Like-for-like sales from Carrefour's French ...
Tags: Hypermarkets, Carrefour, retail giant, market
After several months of intense work,the Onixeus Club has opened in the city of Tijuana,Baja California,Mexico.Onixeus is a club aimed at live performances while also running as a nightclub.With a capacity of 2,000 people,it is undoubtedly ...
Tags: Onixeus Club, live performances, nightclub, Nexo Geo System
Paper and packaging giant in the US, International Paper (IP) has announced the closure of its Santa Paula container plant by the middle of June. IP regional general manager Shawn Todino said that the company's acquisition of ...
Global paper and packaging company International Paper (IP) and Temple-Inland in the US have reached an agreement with Antitrust Division of the US Department of Justice (DOJ) with respect to IP’s acquisition of Temple-Inland for ...
Tags: paper and packaging, corrugated packaging, building products
Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
Tags: property insurer, casualty insurer, ACE, life insurance, health insurance
Global paper and packaging company International Paper (IP) and Andhra Pradesh Paper Mills have announced the opening of their new headquarters in Hyderabad, India. IP said that the office, which is spread across 24,000ft2, will house ...
Tags: paper and packaging, Hyderabad, headquarter
Crawford & Company has promoted Mauricio Alonso as the chief executive officer (CEO) of the company's Latin American and Caribbean operations. Since March 2005, Alonso was acting as a senior vice president and regional managing director ...
Tags: Crawford, Latin American, Mauricio Alonso
The Navigators Group, a commercial property/casualty insurer, has implemented AIR Worldwide's CLASIC/2 and CATRADER modeling technologies to manage its global catastrophe business. The catastrophe models are expected to be used by the ...
Tags: Navigators Group, commercial property/casualty insurer, AIR Worldwide
Liberty Videocon General Insurance Company, a joint venture floated by the US underwriter Liberty Mutual Insurance and Videocon Industries has received insurance license to conduct operations in India. The permit granted by India's ...
Tags: Liberty Videocon, insurance license, operations in India
Personal care products company Unilever has chosen packaging solutions provider Payne's Rippatape by for a new men's grooming multipack offer in Chile. The tape is being used on 20,000 promotional 'Total Protection' cardboard gift boxes, ...
Tags: packaging, grooming multipack, tape, boxes
US underwriter MetLife has reported operating earnings of $1.4bn, or $1.32 per share for the third quarter of 2012, up by 47% from $965m, or $0.91 per share during the same period a year ago. For the quarter period ended on 30 June 2012, ...
Tags: MetLife, underwriter, operating earnings, net income
Swiss food company Nestlé has reported an 8.9% increase in profit to CHF 5.1bn ($5.2bn) for the first half of 2012, compared to CHF4.7bn ($4.8bn) in 2011, helped by higher pricing and strong demand from emerging markets. Sales ...
Frutarom, a flavors and fragrances company headquartered in Israel, has reported a rise in its Q2 2012 net profit by 10% to $13.5m, compared to $12.3m in the same quarter last year. For the second quarter of fiscal 2012, the company's ...
Tags: flavors and fragrances company, great resources, accelerating growth
Wishpond today announced the broad international rollout of its premiere All-In-One Marketing Suite.By expanding beyond North America into Latin America,Europe and Asia,Wishpond becomes the only platform provider to offer all the tools ...
Tags: online marketing, running ads, networks
Reinsurance solutions provider Tokio Millennium Re (UK) has selected technology services provider Xchanging to offer additional infrastructure services. Under the three year deal, Xchanging will upgrade the existing production and ...