Firm Management

Henkel of Germany seeks EUR10 billion in sales by 2016

Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.


South Korean firms enter into joint venture projects with Arabtec

GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.

Euro's currency at a cross roads

Some say the Euro is overvalued while others claim it is not. The founders of the Euro had dreamt of a superpower currency that can go head to head with the US dollar, to free Europe from US economic dependence.

JPMorgan hiring practices under review

JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.


Latest News

Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.
Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share. The share values of Woori Finance Holdings dropped to its lowest levels in nearly a month.
The use of smaller 20 centiliter bottles is sought to be the key to cornering the emerging African market.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.
Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.