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Author Archives: Lakefront Media

Experian Launches BusinessIQ in the UK

The full power of Experian’s business data and analytics harnessed in one online platform for the benefit of UK businesses Experian® United Kingdom has launched BusinessIQ, a powerful new online customer and supplier risk management system.   Developed for businesses in the UK, BusinessIQ provides a new level of sophistication in credit management.  For the first time, the entire commercial credit ... Read More »

European Debt Crisis Likely to Push Bankruptcies to Higher Levels

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted this is likely to push bankruptcies much higher in a number of economies there. Subran noted that projections show low growth, if any, in most ... Read More »

Dun & Bradstreet Provides Windows Azure™ In-house Developers with On-demand Corporate Data for Cloud-based Apps

Service gives access to more than 215 million high-quality corporate profiles for sales and marketing, supply chain, and other data-intensive applications D&B announced that it is providing the most comprehensive, current, and complete business data for in-house developers on Microsoft Corp.’s Windows Azure cloud computing platform, through the just-announced Windows Azure Store.  D&B Business Insight lets users generate a list ... Read More »

UBM Live & UBM Tech Launch Big Data Republic

UBM Live and UBM Tech – the UBM businesses behind TFM&A and InformationWeek – have announced the launch of Big Data Republic (www.BigDataRepublic.com), a community for those dealing with transforming their businesses with big data. As the world experiences an unprecedented explosion in information, harnessing that data and making sense of it is one of the biggest challenges that business, ... Read More »

Letter of Credit (LCs) Denominations Shifts to Renmimbi (Rmb)

The Chinese renminbi (Rmb) is now the third-biggest currency for letter of credit (LCs) after the Dollar and the euro, according to the latest SWIFT data.  Around 4% of LCs issued globally were denominated in Rmb.  Meanwhile, banks estimate around 10% of all trade is now conducted in Rmb and forecast that this will rise to 20% 20% in the ... Read More »

CRIF S.p.A. Establishes Office in Indonesia

CRIF, a company specializing in the development and management of credit reporting, business information and decision support systems, has opened an office in Jakarta, Indonesia, as part of its regional expansion strategy.  With existing operations in China, and partnerships in Vietnam, India and Bangladesh, the new representative office in Indonesia will strengthen the company’s presence in the country as well ... Read More »

Experian Reports Revenue Growth 12% for First Half (Ending September 30th, 2012)

Experian reported total Group revenue of US$2.3bn.  Revenue from continuing activities was up 12% at constant exchange rates and 6% at actual rates, principally due to the depreciation of the Brazilian real against the US dollar.  Organic revenue growth was 8% at constant exchange rates. Total EBIT from continuing operations of US$590m, up 14% at constant exchange rates and up ... Read More »

D&B Releases Free Tool to Identify Businesses Potentially Impacted by Hurricane Sandy

Estimates Total Potential Impact at More than 5% of Businesses in the U.S. D&B (NYSE: DNB) has released a free search tool available at www.dnb.com that allows identification of businesses located in the 19 counties in the Eastern United States identified by FEMA as most impacted by Hurricane Sandy. This information will help organizations begin to assess their exposure to ... Read More »

The Quote of the Week: Enterprises without a Functional Credit Risk Management Live Dangerously

In a recent interview with the German credit management magazine “Der Kredit Manager”, Dr. Michael Freytag, Chairman of the Schufa* management board, stated that “credit managers hold a relative important position in the decision hierarchy of an enterprise.  In essence credit management and credit information are intertwined as a basis for economic success.  He is fully convinced that Credit Management ... Read More »

Thomson Reuters Boosts Data for German Financial Markets with Next Generation Elektron Feed in Frankfurt

Thomson Reuters has expanded its next-generation consolidated feed, Elektron Real Time, to Frankfurt to provide regional market participants with full tick depth-of-market data from multiple venues around the world.  The development is the next step in the Company’s plans to roll the new high-performance feed out globally, following deployment in London, New York, Chicago and Tokyo.  Frankfurt is one of the ... Read More »

Reed Acquires Auto Aftermarket Event in Shanghai

Reed Hongda Exhibitions (Henan) Co., Ltd., subsidiary of Reed Exhibitions Greater China, has signed an agreement with Shanghai Gehua Exhibition to acquire a 100% stake and all related assets of the annually-held Shanghai International Auto Decoration Supplies Sourcing Fair (CSAE). Financial terms of the deal were not disclosed. CSAE was established in 2003 and last took place from 22nd August ... Read More »

Baidu to Acquire Online Video Platform iQiyi

The leading Chinese-language Internet search provider, Baidu, announced an agreement to purchase a majority stake in online video platform iQiyi.com. Details of the transaction were not disclosed. The transaction is expected to be completed in the fourth quarter this year where iQiyi will be consolidated into Baidu’s financial statement. Upon completion, iQiyi will continue to operate as a separate brand ... Read More »

BOL Q3 2012 Revenues Flat

Bangkok-based business information provider and BIIA member, Business Online (BOL), announced its financial results for the quarter ended 30th September 2012: Revenues for the quarter were US$3.02 million, flat with the same quarter last year. Net income was US$476,000, which is a year-on-year 12% decrease.  Source: Business Strategies Group Hong Kong  –  www.bsgasia.com Read More »