The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
While mobile payments transform financial life in many less developed countries, retailers and payment providers in the U.S. and Europe are still trying to find the right incentives to drive adoption. The added convenience of mobile ...
Tags: Mobile Payments, credit cards
Social media can make financial institutions seem less dull and better engage customers, according to officials on a panel at the AB+F Retail Financial Services Forum. Engaging customers through social media is a “game ...
Tags: Social Media, Financial Services
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February. Terms of the ...
Tags: Transportation, Cycling, Divine Cycling
More than half (58%) of European mid-sized firms refuse to do business with a company that had suffered a data breach, despite the fact that 41% believe data loss is just an inevitable part of daily business, a new study has revealed. The ...
Tags: Data Breach, European Firms
Financial services provider Teachers Assurance has launched its improved home insurance policy that is rated 5 Star by Defaqto, an independent financial research company. The new policy offers an annual discount of up to 12% for teachers ...
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
Wall Street plans to hold a simulated cyber-attack against equity markets this month that experts hope will set an example of how industries should test their defences against assailants. Called Quantum Dawn 2, the drill will involve big ...
Tags: Wall Street, Security Defences
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service
It may have taken almost two decades, but Tun Thura Thet's investment in one of Asia's poorest countries is finally paying off. "I've been waiting here for 17 years to have this moment," he said, sitting at his office in Yangon, Myanmar. ...
Tags: Tech Industry, Myanmar
The total turnover of the e-tailing business, including apparel and accessories online retailing, in India is likely to reach US$ 76 billion by 2021, says a study made by Technopak. E-tailing—the business of retailing goods online ...
Tags: E-Tailing Sales, Apparel
Private firm PPS specialises in retail gift and presentation packaging specialist. It was founded in 1979 by Brian Bell and the business was purchased by his son, Simon Bell, in 2007. "We are excited to join forces with InnerWorkings," ...
South Africa-based financial services provider Sanlam is mulling to acquire a 40% holding in MCIS Zurich Insurance, in an effort to boost its presence in Malaysia. People familiar with the matter were reported by thesundaily as saying ...
Tags: Sanlam Mulls, Insurance