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Jobs Cut at Queensland Power Supplier

Byline: Angela Macdonald-Smith Oct 17, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Queensland-based Ergon Energy will axe up to 500 jobs and cut capital spending between 2010 and 2015...

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Fox Plays to Fill Gap Left by Allans

Byline: Lucille Keen Oct 17, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Receivers have been unsuccessful in selling music retail group Allans Billy Hyde. The business went into...

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The Personal Plea That Saved a Television Network

Byline: Nabila Ahmed Oct 17, 2012 (The Australian Financial Review - ABIX via COMTEX) -- A personal appeal by Nine Entertainment Company CEO David Gyngell to US hedge funds Oaktree Capital and Apollo...

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ASIC Targets High-Speed Trading

Byline: Patrick Durkin and Stephen Shore Oct 17, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Securities & Investments Commission (ASIC) will increase its regulation...

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-SBI Slashes Loan Processing Fees by Half

Global Banking News-October 17, 2012--SBI slashes loan processing fees by half(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 The State Bank of India (NSE: SBIN)...

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-Sweden Echoes German Concerns over European Banking Supervisor

Global Banking News-October 17, 2012--Sweden echoes German concerns over European banking supervisor(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 Fredrick...

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-Brazil Cuts Rates for the Tenth Time in Fourteen Months

Global Banking News-October 17, 2012--Brazil cuts rates for the tenth time in fourteen months(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 Brazil has announced...

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Doha Bank Q3 Results Show Five per Cent Profit Growth

Net profit for Q3 2012 reached QAR 1,061 million a growth of five per cent compared to QAR 1,011 million for the same period in 2011. His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani,...

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Qatar Islamic Bank First Nine Months Net Profit Reaches QAR 1.13 Billion

Qatar Islamic Bank first nine months net profit reaches QAR 1.13 Billion For the nine months ended 30 September 2012, Qatar Islamic Bank (QIB) achieved a net profit of QAR. 1.13 billion, up by two per...

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Bank of Palestine Nine-Month Profit Up 12.6 per Cent

Net profit before taxes reached $35,628,801, compared with a net profit before taxes of $31,651,986 from the first nine months of 2011, a net increase of 12.6 per cent. Total assets of the company...

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MasterCard Expands Contactless Payments Infrastructure in UAE

MasterCard is collaborating with Network International to enhance the acceptance infrastructure of its contactless payment solutions in the UAE with the installation of MasterCard PayPass terminals...

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Gatehouse Launches New Treasury Notice Deposit Account

Gatehouse Bank, a wholesale Shari'ah-compliant investment bank based in London, has announced the launch of its Treasury Notice Deposit Account with rates compared against traditional deposit accounts...

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-M&T Bank Names Banking Relationship Manager

Global Banking News-October 17, 2012--M&T Bank names banking relationship manager(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 M&T Bank (NYSE: MTB) has...

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Middle East FDI Flows Shift from Developed Markets to Intra-Regional Investments

Most of the Middle East's FDI by number of projects, their value and jobs created in the last decade went to the GCC, led by the 'trio' of Saudi Arabia, UAE and Qatar Launched to coincide with the...

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Bahrain's Office and Industrial Market Show Moderate Signs of Recovery

Cluttons has announced its Q3 market report for Bahrain's office and industrial market 2012, with current GDP forecasts indicating that Bahrain is entering a moderate growth period following last...

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Union National Bank Reports AED 1.467 Billion Profit through Q3

Union National Bank (UNB), reported a profit of AED 1,467 million ($399 million) for the nine month period ended 30 September 2012 (nine month period ended 30 September 2011: AED 1,375 million) up by...

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Dubai's SMEs "Substandard" on the Internet

SMEs in the UAE have a "substandard" presence on the internet, according to a survey by Local Media, an online directories company based in Dubai claims The National Fewer than 12,000 of 100,000...

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-Energid Technologies Collaborates with AREVA

International Resource News-October 17, 2012--Energid Technologies collaborates with AREVA(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 17 October 2012 Energid...

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-Bank of America Hires Chairman for China

Global Banking News-October 17, 2012--Bank of America hires chairman for China(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 Bank of America (NYSE: BAC) has...

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-RBS Could Sue Santander for Deal Collapse

Global Banking News-October 17, 2012--RBS could sue Santander for deal collapse(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 17 October 2012 Royal Bank of Scotland (LSE: RBS)...

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