Nippon Life Insurance’s move is in line with the insurance industry’s efforts to divert funds into foreign corporate bonds and alternative investments, however the rise of interest rates in the U.S. is likely to pose a challenge to its strategy… Read More ›
Day: January 1, 2018
Dominic Blakemore appointed CEO of Compass
Blakemore’s appointment to the helm of the world’s largest catering firm, comes 3 months ahead than it was scheduled. Following the tragic demise of Richard Cousins, 58, CEO of Compass, a British-based company that was the world’s largest catering firm,… Read More ›
Swiss consumer protection organisation files claim on Volkswagen and AMAG over dieselgate scandal
Both Volkswagen and AMAG have said, prima facie, there was no grounds for the complaint since, industry experts had not been able to establish any significant loss of value for VW diesel vehicles on the Swiss market. In yet another… Read More ›
Siemens to crystalise the value of its healthcare business in first half of 2018
This will be Germany’s largest IPO since Deutsche Telekom’s in 1996. Ahead of Healthineers’ IPO scheduled for the first half of 2018, Siemen’s healthcare business, the German giant will test the appetite of sovereign wealth funds to secure anchor investments… Read More ›