UPDATE 1-CIMB posts highest net interest income in 13 years

* CIMB Q3 net profit fell 7 percent* Strong loan growth in SE Asian markets* Indonesia a concern after rise in rates (Adds details)By Niluksi KoswanageKUALA LUMPUR, Nov 18 (Reuters) – CIMB Group Holdings Bhd , Southeast Asia’s fifth-largest lender by assets, posted its highest quarterly net interest income in nearly 13 years, though its Read more about UPDATE 1-CIMB posts highest net interest income in 13 years[…]

Technologist shares knowledge with students

Leading mattress technologist John Tuton shared his knowledge with students as part of a university degree course.John, MD of Mammoth Mattresses – one of the fastest-growing names in the bed business with turnover rapidly approaching £2m per annum – addressed around 90 students at Newcastle University.His subject was ‘Bringing Biomedical Technology Innovations To Market’ as Read more about Technologist shares knowledge with students[…]

Eurozone patience with Greece waning

21 November 2013 Last updated at 13:02 GMT Greece’s attempts to cut the public sector wage bill by slashing jobs has been fiercely resisted at home Eurozone finance ministers are losing patience with Greece, said the head of the Eurogroup, Jeroen Dijsselbloem, as the country submitted its 2014 budget. Greece will exit its six-year long Read more about Eurozone patience with Greece waning[…]

Britain’s G4S wins stewarding role at 2014 Commonwealth Games

LONDON Mon Nov 18, 2013 3:27pm GMT A visitor to the Olympic Park reads a 4GS notice stuck to a window at the Aquatics centre, in the Olympic Park, in Stratford, east London, July 17, 2012. Credit: Reuters/Andrew WinningLONDON (Reuters) – G4S, the British security firm responsible for a high-profile failure to properly staff the Read more about Britain’s G4S wins stewarding role at 2014 Commonwealth Games[…]

Exclusive corner chairs return to Minster’s portfolio

Responding to customer demand in the stylish occasional chairs market, Minster will launch its new collection of corner chairs on Stand J1 in Hall 3 at Interiors UK.Corner chairs make a welcome return to the Minster portfolio after a short absence due only to supply challenges. The corner models, as well as the tub chairs, Read more about Exclusive corner chairs return to Minster’s portfolio[…]

Zimbabwe deadline for foreign firms

22 November 2013 Last updated at 13:50 GMT Hairdressing is now reserved for indigenous Zimbabweans Foreign firms operating in certain sectors in Zimbabwe after 1 January 2014 will be arrested, a senior official has warned.Economic Empowerment Secretary George Magosvongwe issued the warning in parliament, state media reports.“Indigenisation” of the economy was one of President Robert Read more about Zimbabwe deadline for foreign firms[…]

VIDEO: ‘China’s number one matchmaker’

Serial entrepreneur Rose Gong has been talking about how she was inspired to create what is now China’s biggest online dating site after being disappointed by her own online search for love in 2003.“I wasn’t young compared to the average marriage age in China,” she recalls, “so my mum kept calling and urging me to Read more about VIDEO: ‘China’s number one matchmaker’[…]

UPDATE 3-Capita boss Pindar to step down after 26 years

* Outsourcing sector now facing greater scrutiny* Pindar to be replaced by Deputy Chief Executive Parker* Capita seen on track for 8 percent revenue growthBy Christine MurrayLONDON, Nov 18 (Reuters) – Capita’s veteran boss Paul Pindar, who built a small IT consultancy into Britain’s largest outsourcing group, is to step down after 26 years with Read more about UPDATE 3-Capita boss Pindar to step down after 26 years[…]

UK may still outsource arms buying after CH2M Hill pulls out

By Christine Murray and Brenda GohLONDON Tue Nov 19, 2013 4:01pm GMT LONDON (Reuters) – Britain said it would continue exploring plans to put its 159 billion pound ($256.2 billion) military equipment programme in the hands of a private firm, even after one of the two consortiums left in the running pulled out of the Read more about UK may still outsource arms buying after CH2M Hill pulls out[…]

Britain may tax foreign property investors – deputy PM

By Peter GriffithsLONDON Mon Nov 18, 2013 2:57pm GMT Deputy Prime Minister of the United Kingdom Nick Clegg addresses the 68th United Nations General Assembly at U.N. headquarters in New York, September 27, 2013. Credit: Reuters/Mary Altaffer/PoolLONDON (Reuters) – Britain may impose new taxes on foreign property investors in response to soaring house prices in Read more about Britain may tax foreign property investors – deputy PM[…]