Major business ventures exited under Ratan Tata
Ratan Tata, chairman of the Tata Group who steps down Friday, also had the uncanny ability to know when to enter a new business and, more importantly, exiting an existing one. List of such deals: ...
View ArticleRatan Tata Responsible leadership conscious capitalism
Much is written and known about the business success of the Tata Group, the global acquisitions and Ratan Tata's role in them. Here's a look at Tata, who steps down as chairman of this $100-billion ...
View ArticleChidambaram optimistic on growth of economy
Finance Minister P. Chidambaram has expressed optimism that the Indian economy will continue to grow at a healthy rate even as the global economies face recession. This, he said, is because our ...
View ArticleRussia launches $70 bn space programme
Russia will spend 2.1 trillion rubles (about $70 billion) under a state programme for the development of the national space industry in 2013-2020, Prime Minister Dmitry Medvedev said Thursday. "The ...
View ArticleLabor Disputes Threaten to Close Many US Ports
Two labor disputes are threatening to disrupt traffic from many major U.S. ports, which could hurt the economic recovery. The first involves 14,500 dockworkers in the International Longshoremen's ...
View ArticleUS Consumer Confidence Falls
U.S. consumer confidence fell sharply - from 71.5 to 65.1 - in December as Americans worried that political bickering in Washington could slow the economy and raise unemployment. Lynn Franco of the ...
View ArticleClik here to view.
$1.1bn payout proposed by Toyota in defective vehicles recall suit
NEW YORK - Japanese carmaker Toyota Motors has agreed to pay an estimated $1.1 billion (830 million euros) to settle dozens of economic loss litigation in the US due to previous recalls of vehicles ...
View ArticleClik here to view.
Three businesses of Clariant divested to SK Capital
GENEVA - Swiss specialty chemical giant Clariant AG has signed an agreement with US-based private equity firm SK Capital for divesting part of its global chemicals, paper specialties and emulsion ...
View ArticleClik here to view.
Analysts indicted on insider trading charges tied to IBM
WASHINGTON - The US Securities and Exchange Commission Thursday announced additional charges in an insider trading case against two brokers Trent Martin and David J. Weishaus who traded on nonpublic ...
View ArticleClik here to view.
New Japan government to review nuclear phase out
TOKYO - Japan's new pro-business Liberal Democratic Party-led government has announced it will review the planned nuclear power phase-out proposed by the previous administration. The government ...
View ArticleClik here to view.
US president calls up Congressional leaders over fiscal cliff
WASHINGTON - President Barack Obama returned to Washington from Hawaii after a Christmas holiday, and the U.S. Senate reconvened Thursday as the deadline for going over the fiscal cliff of tax hikes ...
View ArticleSwedish companies avoid the red
Swedish pension companies were given favourable evaluations by The Swedish Financial Supervisory Authority, Finansinspektionen (FI), in the Q2 2007 traffic light report. No insurance companies ...
View ArticleGeneral Assembly of World Apostolate of Fatima Held in Portugal
Gathering Dedicated to the Memory of Sister Lucia of Jesus and Her Spiritual LegacyBy William A. ThomasFATIMA, NOV. 27, 2012 (Zenit.org).- The 'World Apostolate of Fatima' met in general ...
View ArticleFidelity International Real Estate Business expands into Germany
Fidelity International’s Real Estate Business is planning to expand into the Continental European market with the opening of a dedicated Fidelity Real Estate Business office in Munich. The ...
View ArticleMessage For The 50th World Day Of Prayer For Vocations Sign Of Hope Founded...
Vatican City, 15 December 2012 (VIS) - The Holy Father's Message for the 50th World Day of Prayer for Vocations, to be celebrated on 21 April 2013, fourth Sunday of Easter, was published today, ...
View ArticleFI says pensions companies have a buffer for further turbulence
Pension and non-life insurance companies can withstand further fluctuations on the financial market, and thereby have a good capacity to fulfil their commitments to customers, according to Swedish ...
View ArticleSEI wins first industry-wide mandate
SEI has been selected as Fiduciary Manager by Dutch furniture industry pension fund Bpf Meubel in the company’s first industry-wide scheme appointment. The mandate win will see SEI ...
View ArticleFirst global sound practices guide for FOHFs
The world’s first global guide to sound practices for fund of hedge funds (FOHFs) managers is to be published by the Alternative Investment Management Association (AIMA) in early 2009. The ...
View ArticleZurich Ireland outperforms market despite slump in new Life Insurance business
The Irish branch of Zurich (Eagle Star Life) has revealed that for the six months ending June 2008 it has outperformed the market, with Pensions Annual Premium new business of €47.4 million. ...
View ArticleWorld pension assets grow to US$12 trn
, also showed that most major countries recorded increases in assets, and that the size of these assets has more than doubled over five years. ';The world’s largest pension funds ...
View Article