StanChart gets regulatory approval to become China bond market maker
By Staff blogger - 20 January 10:59

The China banking unit of Standard Chartered Bank has received regulatory approval to act as a marke

BlackRock acquires Helix Financial Group
By Staff blogger - 20 January 10:58

BlackRock has acquired all the assets of Helix Financial Group, a Charlotte, North Carolina-based co

Thomson Reuters launches risk management solution for Islamic banking
By Staff blogger - 20 January 10:56

Thomson Reuters has launched Kondor+ Suite, a risk management system specifically tailored for Islam

Fisker receives additional funding to develop plug-in hybrids
By Staff blogger - 20 January 10:55

Fisker Automotive has secured an additional $115.3m in private equity funding to develop plug-in hyb

Volvo Trucks bags delivery order in Ethiopia
By Staff blogger - 20 January 10:54

Volvo Trucks has signed an agreement with Derba Cement in Ethiopia to deliver trucks. The latter has

Penske Automotive acquires Audi, Volkswagen dealerships
By Staff blogger - 20 January 10:53

Penske Automotive Group has acquired two Audi and Volkswagen dealerships located in Santa Ana, Calif

Daimler trucks North America bags $40m US DOE grant
By Staff blogger - 20 January 10:45

Daimler Trucks North America (DTNA) has received over $40m in funding through 21st Century Truck Tec

Scania signs agreement with Terex to supply engines
By Staff blogger - 20 January 10:43

Scania, a manufacturer of trucks and buses for heavy transport applications and of industrial and ma

UK’s REG acquires high Haswell wind site
By Staff blogger - 20 January 10:41

UK-based Renewable Energy Generation (REG) has acquired a fully consented wind site at High Haswell

Toshiba wins order for smart grid trial
By Staff blogger - 20 January 10:39

Japan-based Toshiba has won a contract from the Okinawa Electric Power for testing a smart-grid syst

Xcel Energy completes transmission projects to deliver wind energy
By Staff blogger - 20 January 10:38

Xcel Energy has completed the Buffalo Ridge Incremental Generation Outlet (BRIGO) transmission proje

European offshore wind capacity up 54% in 2009: EWEA
By Staff blogger - 20 January 10:36

In 2009, a total of eight new wind farms consisting of 199 offshore wind turbines, with a combined p

UK government launches second phase of carbon offsetting facility
By Staff blogger - 20 January 10:35

The UK government has launched the second phase of its Carbon Offsetting Facility (GCOF II), which w

UK inflation rate up 2.9% in Dec
By Staff blogger - 19 January 11:52

Inflation in the UK accelerated at a record rate of 2.9 per cent last December compared to the same

Carphone raises earnings forecast again
By Staff blogger - 19 January 11:51

Europe’s biggest mobile phone seller Carphone Warehouse has raised its annual earnings forecast agai

BHP Billiton to spend $267m on coal mine development
By Staff blogger - 19 January 10:55

Mining company BHP Billiton has pre-approved capital expenditure of $267m to develop the Caval Ridge

Denison Mines will process materials from White Canyon Uranium
By Staff blogger - 19 January 10:54

US-based uranium producer Denison Mines has agreed to process all material produced from White Canyo

Iraq, Shell and Petronas partner to develop Majnoon oilfields
By Staff blogger - 19 January 10:52

The Ministry of Oil in Iraq, US energy and petrochemical company Shell and Malaysian oil and gas com

LyondellBasell launches new PP resin for rainwater management
By Staff blogger - 19 January 10:51

LyondellBasell Industries has launched a new polypropylene (PP) resin that aims to meet customer req

First Solar acquires new solar project from Edison group
By Staff blogger - 19 January 10:50

First Solar, a solar module manufacturer and utility systems provider, has acquired a portion of Edi

Sunz Insurance acquires Brentwood National Insurance
By Staff blogger - 19 January 10:48

US-based Sunz Insurance, a provider of workers' compensation policies for professional employer orga

Aspen segregates insurance and reinsurance businesses
By Staff blogger - 19 January 10:47

Aspen Insurance Holdings, which has operations in the UK, has stated that it will manage its insura

Alasdair Morrison is Citigroup's Senior Advisor
By Staff blogger - 19 January 10:45

The Citigroup has appointed Alasdair Morrison as senior advisor of Citi Asia to support the ongoing

Credit Suisse to hire more staff for its Asia division
By Staff blogger - 19 January 10:43

Swiss financial services company Credit Suisse is planning to recruit finance professionals for its

Societe Generale may exit Australia
By Staff blogger - 19 January 10:41

European Financial Services company Societe Generale is considering winding up its banking operatio

FSA issues recall alert on Bonsoy beverage
By Staff blogger - 19 January 10:40

Food Standards Agency (FSA) has asked the main importer and the retail distributors of Bonsoy, a soy

Constellation brands sells UK cider business
By Staff blogger - 19 January 10:39

Constellation Brands, a US-based wine company will sell GaymerCider business to C&C Group of Dublin,

Northern Foods Q3 like-for-like sales remain stable
By Staff blogger - 19 January 10:37

Northern Foods has reported that its like-for-like sales remained flat for the 13 weeks ended 26 Dec

Smashburger fast food to open outlet at Houston
By Staff blogger - 19 January 10:36

Smashburger, a Denver-based fast-food restaurant, will open its seventh Houston location on February

Cargill reports drop in Q2 net earnings
By Staff blogger - 19 January 10:34

International agro food and service company Cargill has reported net earnings of $489m for the secon