ING US is gearing up to rebrand its business as Voya Financial, with a strategy to support its mission of proactively guiding Americans on their financial journey to and through retirement. The operational rebranding process will take ...
Tags: ING, US Operation, Financial
A South Australia-based international engineering and manufacturing company with a turnover of $19 million has been placed in receivership and its operations have ceased. Initial investigations reveal the company Priority Engineering ...
Tags: engineering company, manufacturing company, SA engineering
US stocks dropped as a last-minute bailout deal for Cyprus kicked up worries that deposits across Europe could become future targets of international creditors. The Dow Jones Industrial Average dropped 64.28 points, or 0.4 per cent, to ...
Dutch insurance firm ING Group has sold its 26% stake in ING Vysya Life Insurance Company to its joint venture partner Exide Industries for an undisclosed amount. The deal, which was originally inked in January this year, is a part of a ...
Tags: Life Insurance, Insurance, insurance firm
China-based large-size solar firm Suntech Power Holdings announced that on March 18, 2013, a group of eight China-based banks filed a petition for insolvency and restructuring of its China subsidiary Wuxi Suntech Power Holdings (Wuxi ...
Tags: solar firm, solar, Suntech
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
Westpac's plain-speaking London economist James Shugg remains as gloomy about the global economy as he was over a year ago, when he said the Australian dollar could plunge to US80c and a break up of the eurozone would prompt a "global ...
Tags: Westpac, James Shugg, global economy
South Korea’s Tongyang Life Insurance is planning to bid for ING Groep life insurance business in the country, which has been valued at approximately $2.1bn. Persons familiar with the matter were quoted by media sources as saying ...
Tags: Tongyang Life Insurance, ING Life, Service
Skeptical consumers, take heed: If you receive a notice that your personal data has been breached, pay attention and take free self-help steps to protect yourself from identity fraud. Data-breach notifications have become an increasingly ...
Tags: Data-breach, identity fraud, security
Micron Technology has announced that its takeover of Elpida Memory has moved a big step closer with official approval by the Tokyo District Court of Elpida's business reorganisation plan. This plan calls for Micron to sponsor Elpida's ...
Tags: Micron Technology, Elpida Memory, takeover
Morrisons, the UK's fourth-largest grocer, has snapped up 49 former Blockbusters stores as it continues to expand its fledgling network of convenience outlets. The deal, struck for an undisclosed sum, follows Morrisons' move earlier this ...
Tags: Morrisons, grocer, Blockbusters stores
Capital Steel Buildings Australia has been placed in voluntary administration, adding to the woes of the Australian steel industry. The company based at Narellan, Western Sydney, is a manufacturer of cold rolled steel buildings. It also ...
Mexican glassmaker Vitro said on Monday that it is in talks with its creditors in the United States. The company made the comment to Mexico's stock exchange in a short statement that did not give further details. Vitro has been fighting ...
Tags: Mexican glassmaker, Vitro, creditors
JBS, a Brazilian meat manufacturer, has completed the acquisition of beef processor Independencia for BRL268m ($142.8m). JBS had announced its intention to acquire Independencia's beef business in April 2012. The company funded the ...
Kosche, a German producer of profile-wrapped mouldings and panels and wood-plastic composites (WPC), filed an application for the opening of self-managed insolvency proceedings. The Court approved this application and ordered preliminary ...
Tags: profile-wrapped mouldings, wood-plastic composites, Kosche