×

Industrials Commercial and Professional Services

  • MADRID, July 31- A few minutes before 8 p.m. on Aug. 8, 2012, two Chinese living in Spain- a banker and her client- held a blunt phone conversation. Wang Jing was a senior officer at the Madrid branch of the state-controlled Industrial and Commercial Bank of China. The client, Xu Kai, was an alleged top figure in an international money laundering group that was suspected of...

  • MADRID, July 31- A few minutes before 8 p.m. on Aug. 8, 2012, two Chinese living in Spain- a banker and her client- held a blunt phone conversation. Wang Jing was a senior officer at the Madrid branch of the state-controlled Industrial and Commercial Bank of China. The client, Xu Kai, was an alleged top figure in an international money laundering group that was suspected of...

  • MOSCOW, July 19- A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise. Vygon Consulting said in a presentation to reporters that oil exports this year are seen declining by...

  • July 18- A Carillion joint venture has won contracts worth 158 million pounds to supply catering and other services for British military sites, bringing further relief to the crisis-hit company on Tuesday. Shares in the construction and support services company jumped 10 percent by 0810 GMT, a second day of gains after news on Monday that a consortium...

  • July 18- A Carillion joint venture has won two separate British defense infrastructure contracts worth 158 million pounds, affording further relief to the crisis-hit construction company as it reviews its business. The award follows Monday's announcement that a consortium that includes Carillion has won a 1.4 billion pound contract to help build...

  • July 18- A Carillion joint venture has won two separate British defence infrastructure contracts worth 158 million pounds, affording further relief to the crisis-hit construction company as it reviews its business. The award follows Monday's announcement that a consortium that includes Carillion has won a 1.4 billion pound contract to help build...

  • HOUSTON, July 13- Exxon Mobil Corp has been fined about $165,000 by U.S. regulators for safety lapses including inadequate training and equipment maintenance over an explosion that injured four workers at an aging Baton Rouge, Louisiana, refinery last year. Exxon said it is contesting the OSHA citations and fines. The Nov. 22, 2016 explosion on a sulfuric-acid...

  • HOUSTON, July 13- ExxonMobil Corp has been fined about $165,000 by U.S. regulators for safety lapses including inadequate training and equipment maintenance over an explosion that injured four workers at an aging Baton Rouge, Louisiana, refinery last year. Exxon said it is contesting the OSHA citations and fines. The facility was faulted five years ago by the...

  • In a re-run of a recent duel over helicopter training, Italy's Leonardo and Europe's Airbus are both preparing to enter the race to replace a mixture of private and military training for UK forces from 2020, the sources said. Airbus, which recently won a major UK military helicopter training contract, defeating a bid from Cobham that included AgustaWestland...

  • July 11- Private equity firm EQT said on Tuesday it has agreed to acquire U.S. drug development consultancy Certara for $850 million, including debt, from Arsenal Capital Partners, another buyout firm. Last year, Stockholm, Sweden- based EQT made its first major U.S. healthcare investment, buying Press Ganey Holdings Inc, a provider of patient satisfaction surveys,...

  • NEW YORK, July 6- U.S. private employers added 158,000 jobs in June, below economists' expectations, a report by a payrolls processor showed on Thursday. The U.S. private sector added 62,000 workers in October 2016. The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and...

  • Despite those measures, "most analysts agree that U.S. and multilateral sanctions have not prevented North Korea from advancing its fledgling nuclear weapons capability," said a report last year from the U.S. Congressional Research Service. Reuters has reported that Trump is focusing his North Korea strategy for now on tougher sanctions, possibly including...

  • June 23- Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The transfer includes about $600 million in lump-sum payments to about 7,000 current and former U.S. employees of Accenture and $1 billion in purchases of...

  • 2017@ NEW YORK, June 22- Investors pulled back from U.S.-based stock funds after pouring the most cash into those investments since February the previous week, Lipper data showed on Thursday. Withdrawals of $2.2 billion struck U.S.-based equity mutual funds and exchange-traded funds during the week ended June 21, the research service said, during a...

  • TORONTO, June 22- Sears Canada Inc said on Thursday it plans to cut jobs and close about a quarter of its stores as it restructures its operations after a steady decline in sales due to competition from big-box retailers and online merchants. "It's just been baby steps toward the ultimate end," said Sally Seston, managing director at Retail Category Consultants...

  • TORONTO, June 22- Sears Canada Inc said on Thursday it plans to cut jobs and close about a quarter of its stores as it restructures its operations after a steady decline in its sales due to competition from big-box retailers and online merchants. "It's just been baby steps toward the ultimate end," said Sally Seston, managing director at Retail Category Consultants...

  • June 22- Accenture Plc trimmed its annual revenue forecast on Thursday, triggering concerns that uncertainty around U.S. healthcare policy may be weighing on the company's flagship consulting business. Shares of the Dublin- domiciled company, which also provides outsourcing services, were down 4.7 percent at $121.17 in morning trading.

  • June 22- Consulting and outsourcing services provider Accenture Plc reported a 5.1 percent increase in quarterly net revenue on Thursday, as the company's investments to boost its digital and cloud service offerings pay off. Net revenue rose to $8.87 billion from $8.43 billion in the third quarter ended May 31. Net income attributable to Accenture fell to...

  • NEW YORK, June 16- U.S. technology company The Bitfury Group said on Friday it had formed a strategic partnership with advisory firm Risk Cooperative to use the blockchain digital ledger in the $60 billion insurance broking market. "Blockchain technology can bring transparency and security to the insurance industry, and can be a catalyst for new insurance...

  • NEW YORK, June 15- Investors raced into U.S.-based, stock exchange-traded funds this past week despite market jitters, delivering the most cash to those funds since late last year, Lipper data showed on Thursday. Stock ETFs listed in the United States attracted $17.7 billion during the week ended June 14, according to the research service, while their mutual fund...