Posts Tagged ‘ Chief Executive ’

TPG willing to invest $1 billion in Olympus 

January 14, 2012
TPG willing to invest $1 billion in Olympus 

A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]

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ANZ to sell Sacombank stake, build own business in Vietnam 

January 7, 2012
ANZ to sell Sacombank stake, build own business in Vietnam 

  Australia & New Zealand Banking Group Ltd. will sell its stake in Vietnam’s Saigon Thuong Tin Commercial Joint-Stock Bank, known as Sacombank, as it seeks to develop its ANZ-branded business in the country. ANZ, which aims to get as much as 30 percent of its profit from the Asia-Pacific area by 2017, has received [...]

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Obama toughens tone with China as businesses vent 

November 14, 2011
Obama toughens tone with China as businesses vent 

President Barack Obama arrives during the first plenary meeting at the APEC Summit in Honolulu, Hawaii November 13, 2011. The head of Boeing chose his words carefully as he explained to President Barack Obama the “dilemma” that Corporate America faces in trying to do business in China. “We see a world where our interests lay [...]

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Petrovietnam bids for ConocoPhillips’ Vietnam assets 

November 1, 2011
Petrovietnam bids for ConocoPhillips’ Vietnam assets 

  State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the East Sea, a senior Petrovietnam official said on Monday. The Hanoi-based group plans to do its utmost to acquire the assets, Nguyen Tien Dung, Petrovietnam’s Deputy Chief Executive Officer, told Reuters on Monday. “The investment is in [...]

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Some banks unlikely to maximize credit growth target 

August 11, 2011
Some banks unlikely to maximize credit growth target 

There is room for as much as VND300 trillion for additional credit Slow credit growth in the first seven months of this year has left room for banks to start boosting lending, but bankers say it’s not that easy. While large banks no longer have enough money to lend out, smaller lenders with ample funds [...]

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Petrovietnam Insurance says in stake sale talks 

July 13, 2011
Petrovietnam Insurance says in stake sale talks 

  Petrovietnam Insurance Co, the insurance arm of Vietnam’s state oil and gas group Petrovietnam, said on Wednesday it was in talks to sell a stake to a strategic investor, but did not name the investor. Oman Investment Fund owns 12.6 percent in the Hanoi-based firm, which holds a monopoly on Vietnam’s energy insurance market. [...]

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PetroVietnam, partners eye ConocoPhillips’ $1.5 bln oil assets 

July 8, 2011
PetroVietnam, partners eye ConocoPhillips’ $1.5 bln oil assets 

  State oil group PetroVietnam and its partners may buy $1.5 billion in Vietnamese oil assets in the East Sea from ConocoPhillips , according to PetroVietnam’s chief executive. PetroVietnam’s plan demonstrates a commitment to help protect Vietnam’s sovereignty in the East Sea, as it calls the disputed area, the company’s chief executive, Phung Dinh Thuc, [...]

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Exclusive: Yahoo in talks to exit Japan: sources 

March 2, 2011
Exclusive: Yahoo in talks to exit Japan: sources 

A website of Yahoo Japan Corp is seen on a computer screen in Tokyo August 19, 2009. Yahoo Inc is in advanced talks to exit its joint venture in Japan with Softbank Corp, a move that could lead it to focus on reaching a decision on its China assets. A deal to transfer Yahoo’s 35 [...]

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Could smartphones go stupid? 

February 21, 2011
Could smartphones go stupid? 

A member of the media browses through the Acer M900 smartphone. Smartphones are rapidly becoming ubiquitous, but they risk becoming a victim of their own success, so clogging networks they are unable to do many of the smart applications that fuelled their sales. Analysts warn that the mobile industry soon faces growing pains, with congestion [...]

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Murdoch launches iPad newspaper ‘The Daily’ 

February 6, 2011
Murdoch launches iPad newspaper ‘The Daily’ 

News Corp. CEO Rupert Murdoch sits on stage for the launch of his new online newspaper for the Apple iPad called The Daily at the Guggenheim Museum in New York City. News Corp.’s Rupert Murdoch on Wednesday launched “The Daily,” a digital newspaper created for Apple’s iPad, in the latest move in his drive to [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...