Posts Tagged ‘ The firm ’

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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France vows probe into breast implant failures 

January 3, 2012
France vows probe into breast implant failures 

France’s health ministry has said there is no cancer risk from breast implants made by local firm PIP but recommended to the 30,000 women with implants to have them removed after eight cases of cancer. France vowed on Tuesday to investigate failures to detect faults with the French-made breast implants at the centre of a [...]

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CME’s Duffy vs MF Global’s Corzine: A question of trust 

December 19, 2011
CME’s Duffy vs MF Global’s Corzine: A question of trust 

Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]

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MF Global bust erodes trust in brokerages 

November 12, 2011
MF Global bust erodes trust in brokerages 

    A man talks on the phone inside the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York, October 31, 2011. Almost two weeks after the bankruptcy of commodities firm MF Global, customers at rival firms are all asking the same question: How safe is [...]

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Vietnam retail property still strong amid downturn: report 

July 12, 2011
Vietnam retail property still strong amid downturn: report 

The performance of the local retail market is generally stable The retail property market, unlike other asset classes, has managed to buck the downward trend, according to global property consultant Knight Frank. The performance of the retail market in Hanoi is generally stable thanks to a strong demand, the firm said on Thursday. The firm found that occupancy of retail [...]

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Vietnam falls in emerging retail market rankings 

June 11, 2011
Vietnam falls in emerging retail market rankings 

  Vietnam continued to lose its appeal to retail investors this year, even though prospects for modern retail formats remain positive, according to a report by global management consulting firm A.T. Kearney. The country moved down nine spots to 23rd place in A.T. Kearney’s index of top ranked developing countries that retailers should enter. Vietnam [...]

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Vinashin inspection report released 

June 11, 2011
Vinashin inspection report released 

  Sixteen former Vinashin officials and three government ministries implicated in the company’s financial debacle A ship assembled by the Vietnam Shipbuilding Industry Group (Vinashin)’s Ha Long Ship Building Company in the northern Quang Ninh Province. Three government ministries and 16 former Vinashin officials have been implicated by a team of government inspectors in the [...]

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SaigonTel gives up on stock exchange 

May 3, 2011
SaigonTel gives up on stock exchange 

Local companies and investors may not be patient enough to stick with the market to overcome its current difficulties, a government advisor says Telecommunications firm SaigonTel plans to terminate its listing on the Ho Chi Minh Stock Exchange in what it says is a move to restructure its business in a gloomy market. “The stock [...]

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New plant heats up solar energy market 

April 4, 2011
New plant heats up solar energy market 

President of First Solar Bruce Sohn (L) presents the company’s products to Ho Chi Minh City’s officials Vietnam has taken yet another step toward generating renewable energy. Last week, First Solar, Inc., one of the world’s top solar-panel makers, broke ground on a photovoltaic module manufacturing plant in Ho Chi Minh City. The US$300 million [...]

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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...