February 21, 2010
First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due to problems with the accelerator …
February 18, 2010
Australia’s No.2 wealth manager AMP Ltd signaled on Thursday that it had room to improve its $11.6 billion bid for AXA Asia Pacific, but said it had yet to decide on its next move. AMP is in a bid battle …
February 18, 2010
Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions. December’s U.N. climate conference in Denmark failed …
February 17, 2010
Takeover target AXA Asia-Pacific’s promise of strong growth in 2010 prompted analysts to suggest suitors may consider raising their bids for the firm but top officials declined comment on the $12 billion tussle. Insurer AXA Asia-Pacific, which is being circled …
February 16, 2010
Catlin Group Limited has expanded its Australian operations with the opening of a second office in Melbourne in addition to the head office in Sydney. Catlin appointed Rory Morison to head the new operation He has relocated to Melbourne from …
February 11, 2010
Honda Motor Co. is adding 437,000 vehicles to its 15-month-old global recall for faulty air bags in the latest quality problem to hit a Japanese automaker. The company will replace the driver’s side air bag inflator in the cars because …
February 10, 2010
Australia’s competition watchdog raised concerns on Wednesday over National Australia Bank’s (NAB) $11.6 billion bid for fund manager AXA Asia Pacific, tipping the scales toward rival bidder AMP. NAB, already the country’s largest manager of retail funds, is bidding against …
February 9, 2010
A successful conclusion to the Doha round of global trade talks is still possible in 2010, but would need an injection of political energy, World Trade Organization (WTO) head Pascal Lamy said on Tuesday. A summit of leaders from the …
February 8, 2010
Australian wealth manager AMP Ltd has let its exclusive deal with French insurer AXA SA expire for a joint $11 billion buy of AXA Asia Pacific Holdings, paving the way for rival bidder National Australia Bank to start talks with …
February 5, 2010
Lisa Humphrey has joined Lockton Companies as vice president in Lockton’s international practice at its Chicago office. Prior to joining Lockton, Humphrey spent nine years as an account executive for Aon both in the U.S. and London where she worked …