As per our new research report, aEURoeGlobal In Vitro Diagnostic Market AnalysisaEUR, the Indian IVD market has been growing stupendously over the past few years. Various factors such as rising disposable income and improving medical infrastructure have been driving the superfluous growth of the IVD market in the country. With the increasing patient awareness, it [...]

Amid a rise in unemployment in San Diego and Riverside counties, economic activity seems to be modestly strengthening, according to a pair of economic indices released Tuesday. The University of San Diego’s Leading Economic Indicators rose 0.3 percent in July compared with June, the 16th consecutive increase. “Consumer confidence is at its highest level in [...]

GNY Insurance Cos. said it’s promoted Elizabeth Heck to president and chief operating officer. Heck, who’s been in the insurance industry for more than 20 years, joined GNY Cos. in 2001 as controller. She was promoted to senior vice president, chief financial officer and treasurer in 2005, and promoted again in 2008 to executive vice [...]

China Cinda Asset Management Co., Ltd., one of the four state-owned asset management firms in the nation, is said to lead a consortium consisting of companies in Mainland China to purchase shares in AIA, disclosed people close to the matter. The people showed that Cinda now is negotiating with AIG, the parent company of AIA, [...]

Washington, DC – Today, Congressman Barney Frank (D-MA), Chairman of the House financial Services Committee, and Congressman Paul E. Kanjorski (D-PA), Chairman of the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises released letters to the White House calling for the Federal Housing Finance Administration (FHFA) to use all of its powers to recover [...]

Shanghai-based Shengda Vehicle Insurance captured a premium revenue of CNY 210 million in the first half of 2010, with net profit from the after-market service hitting CNY 2 million. “Amid fiercer competition, it plans to attach more importance to the after-market service in a bid to enhance the customer stickiness,” said President Bu Jiangyong. Shengda [...]

SUMMARY: The Farm Credit Administration (FCA or we) is publishing for comment a Joint and Several Liability Reallocation Agreement (Agreement) to be entered into by all of the Banks of the Farm Credit System (Farm Credit or System) and the Federal Farm Credit Banks Funding Corporation (Funding Corporation). The Agreement is designed to establish a [...]

Southern Copper (NYSE:SCCO) traded in a range yesterday that spanned from a low of $30.08 to a high of $30.50. Yesterday, the shares gained 2.16%, which took the trading range above the 3-day high of $30.02 on volume of 1.8 million shares. Shares of Southern Copper are currently trading above their 50-day moving average (MA) [...]

Talend today announced that Tompkins financial Corporation has chosen Talend’s open source data management solutions to streamline the company’s data processes. Tompkins financial Corporation is an Ithaca, New York-based $3.2 billion financial services holding company with three Banks, an insurance business and wealth management companies throughout New York. The company chose Talend to improve the [...]

Net premium revenue at Japan’s three major nonlife insurance groups rose 1.4 per cent on the year to 1.75 trillion yen (US$20.3 billion) in the April-June quarter, according to earnings results released through Friday. An increase in new auto sales, resulting from government subsidies for environmentally friendly cars and other incentives, helped underpin the insurers’ [...]

Secretary Proceso J. Alcala confirmed that there is no imported NFA (National Food Authority) rice rotting in warehouses in Davao unlike in Metro Manila because of heavy rains caused by typhoon Ondoy that hit the area last year. In his recent visit here, Alcala found out that NFA Davao has disposed the imported rice allocated [...]

Congressional Oversight Panel Examines the International Reach of the TARP TARP’s International Impact Greater Than Impact of Other Nations’ Rescues on America; Panel Recommends Further Stress Testing and International financial Crisis “War Games” August 12, 2010 Peter Jackson PeterJackson@cop.senate.gov 202-224-1670 Thomas Seay ThomasSeay@cop.senate.gov 202-224-9979 WASHINGTON, D.C. – The Congressional Oversight Panel today released its August [...]