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
Japan's Dai-ichi Life Insurance, Zurich Insurance Group and Allianz in Germany are gearing up to bid for the insurance arm of Turkish bank Yapi ve Kredi Bankasi, Yapi Kredi Sigorta, to expand their footprint in Turkey. Yapi Kredi Sigorta ...
Tags: Japan, Dai-ichi Life Insurance, Zurich Insurance Group, Allianz
Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
St Jude Medical is planning to begin EnligHTNment study, designed to evaluate whether patients with hypertension treated with its EnligHTN renal denervation system can provide additional benefits beyond a reduction in blood pressure. The ...
Tags: Medical, minimally invasive device, EnligHTN
University of Notre Dame (UND) in the USA and epiwafer maker IQE have claimed record-breaking balanced frequency performance for a nitride semiconductor high-electron-mobility transistor (HEMT) using indium aluminium gallium nitride ...
Flisom AG of Duebendorf, Zurich, which was spun off from the Laboratory of Solid State Physics of the Swiss Federal Institute of Technology Zurich (ETH Zurich) in 2005 to develop technologies for industrial roll-to-roll manufacturing of ...
Tags: Empa Flexible CIGS, Flisom, company news
ZURICH, Switzerland — February 2013 — Output of global yarn production rose in the Q3/2012 in comparison to the previous one due to higher output in Asia South and America, while production in Europe and North America was down. ...
The International OEKO-TEX Association will offer a free webinar on February 6 at 12:00 Noon EST to review the recently announced 2013 updates to the OEKO-TEX Standard 100, particularly as they apply to U.S. textile products manufacturers, ...
Swiss chocolate maker Barry Callebaut has acquired ASM Foods in Sweden from Danish confectioner Carletti. The deal includes transfer of a speciality plant that produces compound chocolate products. Barry Callebaut will also take over ...
Tags: chocolate maker, Barry Callebaut, ASM Foods
Claims technology provider Symbility Solutions has entered into a strategic partnership with Johannesburg based Digicall Solutions, to expand its mobile claims platform in South Africa. Operating since 2003, Digicall consists of seven ...
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
As partner of the two months long entrepreneurial leadership seminar, Georg Fischer worked together with master students of the ETH Zurich to figure out how Cleantech drives innovation. The results of the seminar will be integrated in the ...
Tags: ETH, MTEC, cleantech, innovation, GF
ZURICH, Switzerland — December 2012 — The International Textile Manufacturers Federation (ITMF) has released the 2012 edition of its biennial International Production Cost Comparison - the only consolidated source for ...
Tags: Textile, International Textile Manufacturers Federation, yarn
National Windscreens, one of the largest independently owned auto glass repair and replacement specialists in the U.K., has announced its projection for major sales in 2013. "There's no denying that we are operating in a fiercely ...
Tags: Windscreens, National Windscreens, glass repair, glass