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Li & Fung arm in the black

2014-11-20 03:33:42| Logistics - Topix.net

Company chairman Willing Fung said in a statement that the results were in line with "previous announcement that seasonality skews significantly towards the second half of the year". Photo: Paul Yeung Global Brands Group, the consumer brands business spun off from Li & Fung in July, turned the corner in the third quarter to post a profit of US$113 million, following a half-yearly loss in the first half.

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BT may fold wholesale arm into Openreach

2014-11-14 01:00:00| Total Telecom industry news

U.K. incumbent says it is examining how it can better serve telco customers.

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NAR vote gives broker listing websites a shot in the arm

2014-11-11 04:56:34| Real Estate - Topix.net

With the vote, multiple listing services must now allow brokers to display a minimum of three years of sold listing data on their non-password-protected websites - but only if the sold data is already publicly available. The three-year minimum was added by the NAR Multiple Listing Issues and Policies Committee on Saturday.

Tags: the listing vote websites

 

Alcatel-Lucent sells cybersecurity arm to Thales

2014-11-03 01:00:00| Total Telecom industry news

Vendor says it will continue to offer security solutions as part of strategic partnership with French defence company.

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Hyundai ad arm Innocean readies IPO in push for global business

2014-10-30 14:24:34| Automakers - Topix.net

Innocean Worldwide Inc, the in-house advertising agency for Hyundai Motor Group, chose bankers on Thursday to manage an initial public offering that it hopes enables it to emerge from the shadows of the conglomerate and better compete for global clients. Set up nine years ago to handle global advertising for Hyundai Motor Co and its Kia Motors Corp unit, Innocean is South Korea's No.2 ad agency.

Tags: business global arm push

 

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