Archive for July, 2008

On Monday founder chairman Pak-US Joint Business Council and Vice President SAARC Chamber of Commerce and Industry (SCCI), Pakistan Chapter, Iftikhar Ali Malik stated that Pakistan is an upcoming flourishing market for US with open opportunities of direct investments. For American business community Pakistan’s market is ready and open. Pakistan’s market situation is investment... »

Americo provider of the complete portfolio of competitive life insurance and annuity product signed a 15 year contract for CSC’s business process outsourcing services. Americo’s approximately 100,000 individual life and annuity insurance policies that it got after acquisition of Financial Industries Corporation would be managed by CSC. CSC is a global leader for providing... »

Shinano Kenshi’s popular and successful line of PLEXTALK(TM) healthcare and educational family of products has declared the launch of the PLEXTALK(TM) Pocket, the latest product. This product is a revolution in market as it is competent to provide ground-breaking mobility and ease of use by nearly anyone in business, education, and leisure with the... »

In the time of global financial crisis Citi is looking for expanding its investment banking and brokerage business in Latin America’s Chief economies. However at this time all the region and upcoming markets are attracting all the investors as a safeguard to there finance. In past three quarters Citi has vanished US $17.5bn... »

By 2012 LLX Logística (LLXL3), the logistics arm of Brazilian group EBX, wish to twice the capacity of Sudeste port to 50Mt and Açu port to 100Mt by 2 as stated by, LLX CEO Ricardo Antunes. Both the ports are under construction and are situated in Rio de Janeiro state. Açu port is intended... »

Maker of Dove soaps, Lipton teas and Ben & Jerry’s ice cream Unilever disclosed quarter net profit down by 21% for its second quarter. The customer product company is affected by a strapping euro higher taxes and higher taxes according to reports. Sales fell 1.4 percent to 10.4 billion euros ($16.2 billion) and company’s... »

James M. Weichert, president and founder of Weichert, Realtors(R), one of the nation’s largest privately-held real estate companies proposed a tax credit for home buyers to revitalize the slowing housing market at the start of the year before congress. There as a discussion to take some step to boost up turn downed market. ... »

On Wednesday the tobacco company Reynolds American Inc announced quarterly profits which is high above the expectations along with more than 5percent rise in its share because turn down in its U.S. cigarette shipment is slowed. More new consumer moved toward its Grizzly brand as compared to its competitors because of there relatively... »

After the announcement of possible merger of British Airways and Spanish airline Iberia there is an unseen rise in BA’s share in last few days. Shares in the British airways were up 4.1% to 258.75p as this merger is supposed to be great move for airline industry according to analysts. German air carrier Lufthansa... »

Bank of America one of the world’s largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full variety of banking, investing, asset management and other financial and risk-management products and services publicize a strategic investment in Philadelphia-based technology and services company Field Diagnostic Services, Inc. (FDSI). With... »