Bank of America (BofA) has been charged by homeowners in a Florida federal court over allegations for charging them excessively in connection with so-called force-placed insurance. The home owners were quoted by Bloomberg as saying, "A ...
Tags: Florida home owners, force-placed, BofA
India plans to invest INR930m ($16.79m) during 2012-13 to boost milk production in the state of Punjab, according to Dairy Development Minister Gulzar Singh Ranike. As a part of the project, the Punjab government will implement subsidies ...
The Taiwan government's National Development Fund (NDF) has approved the establishment of a NT$10 billion (US$345.7 million) lending program to offer loans for exports of green energy products. To encourage local banks to participate in the ...
Tags: Taiwan, green energy products
RIA Novosti reported that Russia's largest oil company Rosneft has secured USD 30 billion in loan commitments including USD 7.5 billion in long term loans from a syndicate of international banks to finance the purchase of TNK-BP. Rosneft ...
Tags: oil company, Rosneft, BP, oil
The Lisu population is 574.8S6. Most of the Lisus now live in Bijiang, Fugong, Gongshan and Lushui counties of Nujiang Lisu Autonomous Prefecture, and north of Yunnan Province. The rest live together with the Hans, Bais, Yis and Naxis in ...
Tags: Lisus, population, language, villages, hospitable personality, festivals
According to the Federation of Pakistan Chambers of Commerce and Industry, Pakistani oil and gas companies can operate comfortably in Indonesia and make reasonable profits. Mr Atif Ikram Sheikh chairman of FPCCI coordination Islamabad ...
InfoTech, a leading software house and system solutions company, with headquarters in New York and programming facilities in North Dakota, has delivered MarketTrax, a customized direct response campaign management system, to JWTAction. ...
Tags: InfoTech, software, direct response campaign management system
Chinese dairy firm Liaoning Huishan Holdings is planning to raise$800m to$1bn through an initial public offering. It has invited banks to submit proposals to handle the IPO on the Hong Kong Stock Exchange by 6 October,Wall Street ...
Tags: initial public offering, image, investors
Private equity firms Blackstone and BC Partners are set to submit a joint bid for frozen food company Iglo, in a deal which is expected to value the company at $3bn, including debt. The two firms, which were earlier competing with each ...
Tags: frozen food company, Blackstone, pea, poultry and potato waffle products
Delhi-based mattress producer Springfit plans to spend Rs.5 billion over the next two years to expand its production facilities and marketing activities. The company intends to set up four manufacturing units in metro cities to meet the ...
Tags: mattress, production facilities, marketing activities, expansion
Mitsubishi and PSA Peugeot Citroen are planning to borrow EUR320m to triple the production capacity of their Russian Joint Venture (JV). In June 2012, both the companies will extract seven-year loans valuing EUR170m from the European Bank ...
Tags: Mitsubishi, PSA Peugeot Citroen, streamline operations
Saudi Arabia's Sahara Petrochemicals Company said late Thursday that its subsidiary Sahara and Maaden Petrochemicals Company, or Samapco, has secured a loan worth Saudi Riyals 1.98 billion ($528.2 million) from a consortium of Saudi banks. ...
Tags: Samapco, Petrochemicals, caustic soda
Citigroup is cutting 11,000 jobs,many in IT,as part of a restructuring announced Wednesday. The job cuts are part of a plan to save about$900 million through a variety of actions,including"increasing standardization and the use of ...
Tags: Citigroup, job cuts, IT, automated processes
Swedish car maker Volvo Cars is planning to temporarily stop production at the Torslanda plant from 29 October to 2 November 2012. The company has decided to temporarily stop production at Torslanda plant due to the continued decline of ...
Tags: Volvo, Torslanda plant, stop production
Hostess Brands, the bankrupt producer of bakery products, is in talks with several bidders over the sale of its brands. About 110 bidders have contacted the company over the purchase of a part of the business, while 70 bidders are ready ...
Tags: Hostess Brands, bakery products, bankrupt, sale, bread