Assurant, a US-based provider of specialty insurance and insurance-related products and services, has agreed to acquire British mobile phone insurance provider Lifestyle Services in an all-cash deal of $160m from Phones 4u Finance. ...
Tags: Assurant, Mobile Phone Insurance
Commercial banks are highlighted among the top 500 Chinese service firms owning to their small quantity and large contribution. A report on the analysis of the top 500 Chinese firms released for 2013 on August 31 shows that aggregate ...
New York-based risk and financial management firm Towers Watson has placed its reinsurance broking arm for sale. The company is also planning to rope in one of the Wall Street banks to sell the business. The sale price has not been ...
Tags: Towers Watson, Service
Recently, the British banker magazine announced the 2013 results in the previous year's Tier 1 Capital sorting list of top 1000 global Banks. China merchants bank to the size of the tier 1 capital of $28.868 billion, into the global top 50 ...
Tags: chian bank, bank, economy, China Merchants Bank
Stock markets in Moscow and copper mines in Chile appear to have little in common. But these are two spots where investors in New York and London have been pumping money borrowed on the cheap to seek out big returns. Aggressive monetary ...
Tags: Tapering Waves
The official manufacturing Purchasing Managers' Index is in for August and the numbers are rosy. Sell-siders are happy. China bulls just got one more boost from a lengthening list of comfortable economic figures. “It's a real ...
Tags: Healthy PMI, Medium Firms
China-based Huishan Dairy has been approved by the Hong Kong Stock Exchange to raise $1bn through initial public offering (IPO) to increase the size of cattle herd and boost production. The company will start pre-deal marketing work on ...
Tags: Huishan Dairy, Food
Credit constraints for German trade and industry edged downwards in August. 19.7% of the companies surveyed reported restrictive access to bank credit. The number of firms reporting credit constraints has not risen above a third in over ...
Tags: economy
Acer has dismissed rumor that certain investment banks plan to invite Lenovo or Asustek Computer to merge with Acer. The vendor said no investment banks have contacted its management to inquire about the possibility of a merger and Acer ...
Chinese dairy firm Liaoning Huishan Dairy is seeking to raise $1bn through initial public offering (IPO) in Hong Kong to increase its herd and improve milk yields. The milk producer is firming up plans to launch pre-deal marketing work on ...
Tags: Liaoning Huishan Dairy, Food
US-based Transport and Technical Services (TTS) is set to launch its next recycling campaign this weekend at its workshop which have been designing and building a larger than life wizard. This campaign is going to increase the amount of ...
Tags: Metal Recycling, Packaging
Chuka Umunna MP spent around two hours at Duo UK as he gained first-hand experience of how British manufacturers are coping in the current economic conditions as well exploring how the rising cost of living is affecting employees. Other ...
Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
Apricot Lane, a consistent leader in the retail franchise industry has quickly moved to the forefront of chic boutiques since its launch in 2007. Owned by Country Visions, Inc, the company is on target to open twenty stores in 2013 bringing ...
Tags: Apricot Lane, Apparel
A recent series of cloud briefings sought to address the technology, legal and change management aspects of cloud. They prompted some thought-provoking discussions around the longevity and value of cloud computing. With so much noise ...
Tags: Computer Products, Cloud