US-based life insurer MetLife has received regulatory approval from Myanmar's Directorate of Investment and Company Administration to set up a representative office in the country. The company will now concentrate on completing the ...
Murray Goulburn, an Australian diary co-operative, has launched a A$420m ($404m) bid to acquire Warrnambool Cheese and Butter (WCB), following Canada's Saputo C$378m bid earlier this month. The proposal would create one of the largest ...
Tags: Murray Goulburn, Cheese, Butter
Fosun International will spend USD 725 million taking over One Chase Manhattan Plaza, an office building in New York. The company states in an announcement on the Stock Exchange of Hong Kong that it will buy the property from JPMorgan ...
The name of "Jinling Bank Co., Ltd.", co-sponsored by Sanpower Group and Yurun gained pre-approval from the State Administration for Industry and Commerce, marking private capital takes a step forward to enter the banking. This July 5, ...
Tags: Bank, Jinling Bank
Mizuho Corporate Bank (China), Ltd., a wholly-owned subsidiary of Japanese commercial lender Mizuho Corporate Bank, Ltd., has gained regulatory approval to expand registered capital by CNY 3 billion. People in the know disclosed in an ...
Tags: bank, economy, Registered Capital
HSBC has lowered its copper surplus forecasts for 2013 and 2014 and raised its outlook for the average price by 7%, the bank said Thursday. "We have cut our 2013 surplus forecast from 320,000 mt to 38,000 mt and our 2014 [forecast] from ...
Tags: Metallurgy, Mineral, Energy, Copper
Imagine designing and creating a building almost three stories tall completely out of bicycles and light. Over the course of two and a half weeks Ai Weiwei?fabricated the hypnotic Forever Bicycles installation in Toronto, Canada's Nathan ...
Declining investment in China' power grid last month could signal declining copper demand in the coming months, analysts with UK bank giant Barclays said Tuesday. Grid investment total Yuan 31 billion ($5.08 billion) in September, a 15% ...
Tags: Power Grid, Copper Demand
SDBIC’s content protection coverage is now available in the states of Florida, Massachusetts and Louisiana. This easily obtained product insures all property stored in a safe deposit box for the coverage amounts selected, without ...
Tags: Insurance, safe deposit box
Zurich-based Swiss Reinsurance (Swiss Re) is reportedly looking for viable options to divest Aurora National Life Assurance Co, as the company seeks to exit the US life and health insurance market. People familiar with the matter were ...
Tags: Life Insurance, Swiss Reinsurance
Nissan in Europe has announced sales of 66,303 units in September. For the calendar year-to-date Nissan's sales in Europe hit 480,709 units, boosted by the ever-popular crossovers Qashqai and Juke. Nissan's results in September 2013 ...
Tags: Nissan, September Sales
Work on construction of a US$ 4.5 billion petrochemical complex in Vietnam, a joint venture of Qatar Petroleum International (QPI) and Thailand-based Siam Cement Group (SCG) and its Vietnamese partners - PetroVietnam (PVN) and Vinachem, is ...
Tags: Petrochem, Siam Cement Group
Advance Auto Parts Inc. has entered into a definitive agreement to acquire General Parts International Inc. (GP) for $2.04 billion. GP is a distributor and supplier of original equipment and aftermarket replacement products for commercial ...
Tags: Auto Parts, auto
NeoCon East 2013 opens at the Baltimore Convention Center in Baltimore, MD this week, October 16-17. In addition to government, the 11th annual edition addresses a range of vertical markets including corporate, hospitality, healthcare, ...
Tags: chair, Furniture, Furnishing, Decoration
British insurance and pensions company Legal & General Group (L&G) has tabled a bid to acquire Co-operative Group’s home insurance business. L&G has expressed interest to purchase Co-Operative's household book and not its motor ...
Tags: insurance, Home Insurance Business