Glencore announces that it has signed a new Revolving Credit Facility (“RCF”), which will ultimately refinance and replace the existing $8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments ...
Tags: Glencore
The diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing ...
Tags: diamond industry, diamond
The diamond market is slowly becoming more disciplined. It needs to. With high rough prices, declining polished, less available credit and lower retail inventory levels, it has become increasingly difficult for diamantaires to turn a ...
Tags: diamond market, diamond industry
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other ...
Tags: diamond industry, diamond market
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
Mall-Connect, a leading software company for shopping center marketing, announced the launch of the world’s first omni channel marketing platform: MyDeck. MyDeck enables shopping centers to eliminate two threats: First, the ...
Tags: Omni-Channel, Mall-Connect
Wall lighting can fulfil a number of tasks. Firstly, it can be aimed at fulfilling vertical visual tasks on the walls, whether this be informative ...
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Marjan Oudeman, AkzoNobel executive committee member responsible for organizational development and human resources, has accepted an offer to become president of Utrecht University, one of Europe's leadinguniversities. She will leave ...
I3 Solutions Group the vendor neutral critical IT and facilities consultancy - announces the appointment of banking sector IT guru Shaun Barnes as its UK and EMEA managing director MANCHESTER, ENGLAND, February 09, 2013 /24-7PressRelease/ ...
Tags: Shaun Barnes, EMEA, I3 Solutions Group
UK-based insurer Aviva has sold its remaining stake of 19.4% in Dutch insurer Delta Lloyd for 353m, as part of its strategy to reorganize operations. Aviva sold all its 34 million shares in Delta Lloyd for €12.65 per share, ...
Tags: Aviva, stake, insurer, share, life insurance, general insurance
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
Minister for Infrastructure and Transport Anthony Albanese and Minister for Finance and Deregulation Senator Penny Wong have announced the establishment of the Moorebank Intermodal Company and the appointment of the chair and directors to ...
Tags: Moorebank Intermodal Company, Sydney, government business, logistics
ABN Amro expects gold prices to drop substantially over the next two years on a modest increase in supply and slightly lower demand. ABN Amro said that it sees gold averaging USD 1,400 per ounce in 2013 and USD 1,300 an ounce in 2014. The ...
Tags: ABN Amro, gold prices, palladium, gasoline
LUKOIL paid up the 12th coupon on the bonds of the 4th issue released in the volume of RUB 6 billion. RUB 221.4 million were transferred to the investors. The 4th issue includes 6mln bonds of 1ths rub par and 7 year maturity. It was ...
Tags: LUKOIL, bond, coupon rate, issue
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