Category «News»

British company mPowa targets telcos with mobile payment solution

In the week when Google, Apple and Nokia all announce their profits, the headlines will be dominated by the impact of mobile business Telcos are becoming increasingly reliant on the take-up of smartphones as an essential route to market. Although ownership of smartphones has increased over recent years, telcos are seeking ways of boosting this …

BEAM INC. TO SELL SELECT BRANDS TO LUXCO

Luxco Acquiring Brands Including Wolfschmidt, Calvert and Bellows for $65 Million Deerfield, Illinois, January 21, 2013 – Beam Inc. (NYSE: BEAM), a leading global premium spirits company, and Luxco, a leading producer, importer and marketer of beverage alcohol products, today announced a definitive agreement for Beam to sell a collection of brands, including related inventory, …

Mövenpick Hotels & Resorts opens fifth property in Dubai.

Mövenpick Hotels & Resorts opens fifth property in Dubai. The group becomes the first international hotel company to operate a property in Al Mamzar with the opening of Mövenpick Hotel Apartments The Square. Dubai (United Arab Emirates), 21 January 2013 – Mövenpick Hotels & Resorts has opened its fifth property in Dubai, becoming the first …

CFA Institute Report Calls for Harmonized Reporting in Asia Pacific Investors Rank Mis-selling by Financial Advisers Top Ethical Concern

Hong Kong, Hong Kong, January 2013 A new CFA Institute study on “Periodic Reporting for Retail Investment Funds in Asia Pacific” finds that harmonized standards for reporting fund performance is needed to enhance investor protection and rebuild trust in the retail funds market. The finding comes close on the heels of a recent Global Market Sentiment Survey by CFA Institute which …

BNSF Announces $4.1 Billion Capital Commitment Program

FORT WORTH, TEXAS, Jan. 18, 2013—BNSF Railway Company (BNSF) today announced a planned 2013 capital commitment program of approximately $4.1 billion, approximately a $450 million increase over its 2012 capital spend of $3.6 billion. The largest component of the capital plan is spending $2.3 billion on BNSF’s core network and related assets. BNSF also plans …