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
More and more banks in Germany are facing declining returns and weak growth. Against the backdrop of the euro crisis, the eleven largest German banks saw their year-on-year earnings before tax drop by one third during the first half of 2012 ...
Tags: Banks, Interlinking Corporate, Private Banking Business
Taiwan 2.0 is taking shape on this industrious island with a generation of factory founders nearing retirement, clearing the way for their children to assume new leadership roles. It's a transition phase that is natural, given the fact ...
Tags: taiwan, Transportation, bike
Chinese construction machinery maker Sany Heavy Industry Co., Ltd. (SHSE: 600031) has begun benefiting from a foray into markets overseas. It released financial results for the fiscal year 2012 on April 26 and according to the results, ...
Kindle, an e-book reader product by ecommerce giant Amazon.com, is said to be introduced into the Chinese mainland soon. Sources said recently that Kindle would be introduced into China around May 1 and actually, there had been such ...
Tags: Kindle, Consumer Electronics
This year is the first year when Baosteel 2013-2018 development plan is implemented and it is also the new starting point and new journey. What kind of company of the future of Baosteel? Steadiness, concentration and sustainable are the ...
Tags: Baosteel, steel, Metallurgy, Mineral, Energy
China Specialty Glass AG (CSG) hereby announces the expansion of its Management Board from three to four members. The Supervisory Board appointed Mr. Chao Zhou as new Member of the Management Board effective as of May 1, 2013. Mr. ...
Tags: Specialty Glass, Glass
Mr. Fast joined Crane in 1999 as President and Chief Operating Officer and was promoted to Chief Executive Officer in January 2001. He will be succeeded by Max H. Mitchell, currently President and Chief Operating Officer. Mr. Mitchell, 49, ...
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
Apple on Tuesday patched Java for the aged OS X Snow Leopard and tweaked Safari to give users more control over what websites they let run the vulnerability plagued Oracle software. Oracle on Tuesday shipped an update for Java 6 and Java ...
Taranto-based Italian steel producer Ilva is progressively restarting its finished steel production operations following recent favorable court decisions, having almost completely shut down its finished steel operations in late 2012. ...
Tags: Finished Steel Production, Mineral
The seventh-generation Volkswagen Golf has claimed the title of World Car of the Year (WCOTY) for 2013, marking the brand's second consecutive win. Voted the best new vehicle out of an initial entry list of forty-two cars, the Volkswagen ...
Tags: Volkswagen, Auto Parts, Transportation
The news that Frank Martin is to retire from his role as Hornby chief executive was made to the city this morning, as the company also outlined a senior team restructure below board level. Martin (pictured) has held the position of chief ...
Tags: Frank Martin, Chief Executive
GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that president & CEO Ron Michels has been appointed chairman of the board of directors. In conjunction, the firm has also ...
Tags: Anadigics, Electrical, Electronics
Editor's note: The following article appeared in the March 1 issue of Bicycle Retailer & Industry News and is part of our series of articles on succession in the bike industry. When Peter Enright agreed to friend Spence Wolf’s ...
Tags: Bicycle Retailer, Bicycle Industry, bike