International Finance

Category : Business Leaders

Green buildings: Paris achieves top rank

Singapore and London are ranked second and third, respectively IFM Correspondent July 8, 2016: Paris has taken the numero uno rank in the Top 10 global cities for green buildings, according to a recent white paper published by Solidiance, a management consultancy firm in Asia. It is followed by Singapore and London. The methodology used...

Selecta appoints a new CEO

David Flochel to start his role on 18 July July 6, 2016: Selecta Management AG, a leading company in vending, has announced that Remo Brunschwiler, CEO of the Selecta Group will leave the company during July to pursue new challenges outside Selecta. His responsibility will be handed over to David Flochel, who will commence his...

Turner & Townsend relocates two senior leaders to Singapore

Move to boost Asia business July 5, 2016: Independent professional services company Turner & Townsend has relocated its global head of major programmes to Singapore and appointed a new managing director for South East Asia to further strengthen business in the region. Ashley Prail, who has led the consultancy’s major programmes across the world for...

On-demand mobile workforce disrupting BPOs

Cost factor and flexibility attract companies to this model Suparna Goswami Bhattacharya July 1, 2016: The beginning of the new century saw the emergence of a new industry in India and other developing nation — the back office industry, or the BPO as it is popularly known. In early 2000s, BPOs were all about cost...

Microsoft to acquire LinkedIn

IFM Correspondent But even after the deal is sealed, LinkedIn will continue to function independently June 14, 2016: Microsoft on Monday announced a $26.2 billion deal to acquire professional networking platform LinkedIn for $196 per share. The market gave a mixed reaction to the announcement. While shares of LinkedIn surged 47 percent to near $193,...

myPINpad appoints a new member to its board of directors

Card and payments expert Robert Courtneidge joins June 10, 2016: myPINpad, a UK based technology company, which enables multi-channel and multi-factor authentication on unsecure devices such as mobile phones and tablets via the Cardholder PIN, announced it has appointed Robert Courtneidge to its Board of Directors. Courtneidge brings over 25 years of experience in the...

‘Lazada and Alibaba partnership will bring significant synergies’

Giovanni Puglisi Interview with Riccardo Basile, Chief Commercial Officer of Lazada Group June 6, 2016: Lazada is Southeast Asia’s undisputed retail giant. However, data by Rocket Internet, the Germany-based company behind Lazada, reveals that despite strong revenues, the e-commerce giant has struggled to generate profit. The company’s latest financial results show €275 million in revenue...

SoftBank to sell Alibaba shares, raise $7.9 billion

But will continue to be the largest shareholder of the ecommerce giant June 3, 2016: Japan’s SoftBank announced that it will sell at least $7.9 billion in shares of China-based ecommerce giant Alibaba to raise capital. Softbank is Alibaba’s largest shareholder. It owns about 32 percent of the shares. The transactions will bring the figure...

Zapper strengthens leadership team

Jon Birt and Jason Cooling join Zapper, both have over 25 years of experience June 2, 2016: Zapper, a global data insights and mobile payment platform, appointed Jon Birt as its retail sales director. Birt has over 25 years of retail account management experience. He specialises in managing the convenience and symbol group sectors, which...

Cifas appoints a new chairman

Lady Barbara Judge will take up the role in September May 31, 2016: Cifas, the UK’s fraud prevention service, announced the appointment of Lady Barbara Judge as the organisation’s new chairman.  Lady Barbara will officially take up the role in September 2016, when she succeeds the outgoing chairman, Ken Cherrett, who is standing down after...