American International Group (AIG) said that the US Department of the Treasury has set an offer price of 30.50 per share for its 163,934,426 shares. The recent move to offload the AIG's share is a step ahead to free the money, it invested ...
Tags: American International Group, underwriter, Stock, insurance
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
ING has appointment Delfin Rueda and Dorothee van Vredenburch as members of the Management Board Insurance EurAsia (MBE), effective from 1 November 2012. As a chief financial officer (CFO) within the MBE, Rueda will be responsible for all ...
Tags: Ing, Vredenburch, management board, ING Insurance
supplychainreview.com.au reported that iron ore miner and steelmaker Arrium plans to be the 4th largest producer of iron ore in Australia. CEO Mining Mr Greg Waters today told a UBS Iron Ore Seminar Arrium plans to double its South ...
Canada's private equity investment firm Onex has inked a definitive agreement to purchase USI Insurance Services from GS Capital Partners VI Fund,and certain of its affiliates(GS Capital Partners),for nearly$2.3bn. The agreement,which ...
The £1.4bn losses caused by a rogue trader at Swiss bank UBS could have been avoided had a computer used to detect unauthorised trading been more effective, according to the Financial Services Authority (FSA). The FSA has fined UBS ...
Tags: FSA, rogue trader, fined, unauthorised trading
South Africa-based ADE labelling & barcoding has become the exclusive distributor of the United Barcode Systems (UBS) labelling systems in Southern Africa. ADE hardware director Bruce France said UBS develops and supplies the world's ...
Tags: labelling, barcoding, UBS, labeling systems, label
UK employers, across the IT sector, have come together to back a new skills framework from the National Skills Academy. Free for IT professionals to use, the online IT Professional Profile enables individuals to benchmark their skills ...
Tags: UK employers, IT sector, skills framework, National Skills Academy
China's lackluster manufacturing sector will continue to struggle in the second half of the year, a newly released government report said, threatening to deprive the world's biggest manufacturing hub of a growth driver. The sector will ...
Tags: market view, machine
HOUSTON -- Mattress Firm has announced that two of its key owners, along with some members of management, will sell 4.7 million shares of stock in the retailer through an offering. No date was given for the offering. The underwriters of ...
Tags: Mattress
Swiss banking group UBS has rolled out Oracle's Fusion human resources (HR) application to 65,000 staff in 50 countries across the world. The bank has implemented Oracle Fusion Human Capital Management (HCM) in its software-as-a-service ...
Tags: UBS, Oracle, HCM, Michele Trogni
Ireland has fined UBS AG's life insurance subsidiary for violating a regulation of 2010, intending to prevent money laundering law and the financing of terrorism. The Central Bank of Ireland fined EUR65,000 and alleged that UBS had not ...
Tags: UBS AG, financing of terrorism, effective implementation
In China, surplus capacity and sliding prices are sounding the death knell for half of the companies making light emitting diode (LED) chips used in Samsung television panels and Sharp computer monitors, with only the large, state-backed ...
Tags: Industry Trends, led chip
In China, surplus capacity and sliding prices are sounding the death knell for half of the companies making light emitting diode (LED) chips used in Samsung television panels and Sharp computer monitors, with only the large, state-backed ...
Tags: led chip
The Assn. of Equipment Manufacturers (AEM) reported December North American unit sales increased for row-crop tractors by 9% year-over-year. Compared to the December 2010, sales of utility tractors rose by 11% and compact tractor sales grew ...
Tags: market view, Row-Crop Tractor