The current managing director of Wesfarmers Insurance, Rob Scott, will become finance director of Coles in February. Wesfarmers’ managing director Richard Goyder said Mr Scott has performed extremely well in significantly improving ...
Tags: Wesfarmers Insurance, managing director, operational performance
Australian supermarket group Coles has appointed Rob Scott as its finance chief. Scott, currently managing director of Wesfarmers Insurance, will take up the finance director role from February. He replaces the outgoing Tony Buffin who ...
Tags: supermarket group, Scott, Finance Chief
New York Life has elected Annamaria Banaszek, Craig DeSanto and John DiRago as senior vice presidents of the company and will report to Chris Blunt, president of the Insurance Group. Banaszek will serve as head of the Group's Wealth ...
Tags: New York Life, Annamaria Banaszek, Craig DeSanto, John DiRago
Numbers of Germans out of work rose for the ninth month running in December but held close to a post-reunification low, adding to signs Europe's largest economy remains relatively unscathed by the region's crisis. Labour Office data ...
Yonhap reported that major global investment banks predicted Wednesday that China's economy will grow more than 8% in 2013, picking up from the slower growth pace this year. Goldman Sachs expected a modest recovery in the Chinese gross ...
Tags: global investment banks, China's economy, gross domestic product, China
IDG News Service-Is Sprint preparing a bid for prepaid wireless carrier MetroPCS?Whatever the rumors and whatever the company's plans,its chief financial officer didn't offer any clues when speaking Wednesday morning at a conference in ...
Tags: Sprint CFO, MetroPCS, Arizona
Banks and investors have joined forces with outsourcing giant Accenture to open a laboratory in London to develop technology for the financial services sector. The FinTech Innovation Lab,as it is known,will attempt to find technology ...
Tags: finance technology lab
CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...
Tags: CITI, an imminent uptick, stockbroking heap
OAO Severstal one of the world’s leading vertically integrated steel and steel related mining companies, announces the results of voting on the resolutions proposed at the EGM held on December 20th 2012. The following resolutions ...
Tags: mining companies, mining, Severstal, EGM
IDG News Service - A partnership of New York City businesses has put out a call for innovative financial technologies. Sponsored by The Partnership for New York City Fund and Accenture, the FinTech Innovation Lab seeks novel technologies ...
Tags: financial technologies, FinTech Innovation Lab, financial services
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
Brazil's Rio de Janeiro state environment agency Inea plans to announce a fine to local steelmaking group Cia Siderúrgica Nacional SA for failing to comply with terms of an accord to clean up an oil spill in 2010. The agency said ...
Tags: CSN, Environmental Fine, Oil Spill
In an effort to consolidate its positioning as a leader in the field of web traffic delivery, Singapore-based Innovalist and its subsidiary, getwebsitetraffic.org have acquired long-time industry rival Aetraffic.com, a move that puts the ...
Tags: web traffic delivery, Innovalist, online ad traffi, IT industry
The US conglomerate Illinois Tool Works is set to sell a 51% stake in its Decorative Surfaces division to the private equity firm Clayton, Dubilier & Rice (CD&R). ITW and CD&R announced that an agreement to this effect had been signed on 16 ...
Regulators must force banks to overhaul complex IT infrastructures which risk causing further large-scale system outages, IT trade body Intellect has urged. The UK’s financial IT infrastructure is no longer fit for purpose and risks ...
Tags: IT infrastructure, IT trade, financial IT infrastructure