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Author Archives: Lakefront Media

McGraw-Hill Education and New Oriental to Form Joint Venture in China

Students across China will soon have the opportunity to participate in premier, after-school programs that advance their 21st century skills through an agreement announced today between McGraw-Hill Education and New Oriental Education & Technology Group, two of the world’s leaders in educational services. The planned formation of the joint venture highlights McGraw-Hill Education’s global expansion in the English-language skills development ... Read More »

European Borrowers Headed for Trouble

The latest European Credit Risk Outlook, based on a survey of risk managers by FICO and Efma, gives a different picture than the one we released in June. The optimism in that report has largely slipped away. Credit risk managers across Europe now expect that more consumers will have trouble making payments on a variety of loan types. In fact, the ... Read More »

Tinubu Square Gets a €11.3 Million Investment to Boost Expansion

BIIA Member Tinubu Square (France) announced that Fonds Stratégique d’Investissement (FSI) will be investing €11.3 million in the company, alongside its founding shareholders. The FSI’s investment will strengthen Tinubu Square’s financial structure, enabling it to draw on its technological advances and finance its expansion plans and build further on its success with institutional customers (credit insurers and banks) and boost ... Read More »

Infogroup Enhances Express Update for SMEs

Infogroup announced feature enhancements to its Express Update service which helps small-business owners ensure the accuracy of their business listings on top Internet search engines, leading navigation systems and local online directories. With the latest updates, small businesses and other companies can now add up to 150 details about their business, including social media accounts, logos, menus and coupons Express ... Read More »

Country Risk Climate: Trends To Keep an Eye On

Country Risk Climate:  Trends To Keep an Eye On Canada – toward a new border agreement with the US; Finland – a strong economy, threatened only from the outside; Ireland – seeking to defend its low-tax regimen. To read these and further topics on: Argentina, Brazil, Chile, Colombia, France, Germany, Israel and Italy click on the attachment:   Weekly Focus 9-29-11 ... Read More »

Markit Sues Two Former Employees in Singapore Over Misuse of Trading Data

Markit Group Ltd., a provider of data on bonds and credit-default swaps, sued two former employees in Singapore, claiming they breached their employment contracts and misused the firm’s confidential information. Markit accuses these employees to systemically and deliberately siphoning off Markit’s proprietary information to set up rival company called Fundamentrix Pte, according to a lawsuit filed with the Singapore High Court ... Read More »

Reed Elsevier in the Spotlight as Analyst Suggests Break-up

Following the announcement of the McGraw-Hill breakup, Alex DeGroote, an analyst at Panmure Gordon, said the move suggested Reed should look at “material restructuring opportunities”. Citing claims that some shareholders are dissatisfied with Reed management, he said: “This is unsurprising. Share price performance has been uninspiring. In absolute terms the share price is the same today as it was 11 ... Read More »

THOMSON REUTERS GROWS LEGAL ENTITY DATA SOLUTION TO ADDRESS RISK MANAGEMENT AND REGULATORY COMPLIANCE

London and New York — Thomson Reuters announced the launch of an expanded legal entity data solution, which will be available for retrieval via Thomson Reuters DataScope Select and Thomson Reuters DataScope Onsite. This offering significantly expands the firm’s legal entity content capability, which is approaching coverage of 1 million entities across nearly 250 markets and 50 languages. Thomson Reuters DataScope ... Read More »

Taobao Mall Company Forms Alliance with Rival Web Retailers

Taobao, a unit of Alibaba Group Holding, Ltd announced that it would allow 38 Chinese online retailers to open virtual stores on its site.  According to the Wall Street Journal Taobao embracing smaller retailers marks a new strategy for the company, which in the past has focused on hosting stores for retail brands.   The new strategy is designed to battle ... Read More »

IBM to Acquire ALGORITHMICS from Fitch Group

IBM is after Algorithmics in a deal valued US$387 million, that is to bolster its risk management offerings in light of increasing regulation in the financial markets. Algorithmics, founded in 1989, is owned by the Paris-based holding company Fimalac and is a member of the Fitch Group, the company said.  It provides analytics software and advisory services to 25 of ... Read More »

Country Risk Climate: Trends To Keep An Eye On

Brazil – an unexpected interest rate cut and its significance; Mexico –economic slowdown; Morocco – a growing, but manageable, current-account BoP deficit; Portugal – harsh new austerity measures; Switzerland – much less stimulus than expected; Thailand – policies to ramp up economic growth. To read the full story click on the attachment:   Weekly Focus 9-01-11 This page is provided by ... Read More »

Salesforce.com and Dun & Bradstreet Launch Data.com

Salesforce.com is joining forces with Dun & Bradstreet on Data.com, a cloud-based storehouse of company and customer contact information for use in CRM (customer relationship management) systems. The Dun & Bradstreet partnership will provide Data.com users with access to 200 million businesses.  That information will “seamlessly integrate” with the Jigsaw contact data and be accessible from within Salesforce.com’s on-demand CRM ... Read More »

India Government to Launch Online Business Portal

The government of India will launch an online platform in November this year in order to provide information about Indian micro, small and medium enterprises (MSMEs) with the central aim of attracting foreign business partners. The National Small Industries Corporation (NSIC), which operates under the MSME Ministry, will be responsible for the development of the website. According to media reports, ... Read More »

Country Risk Climate: Trends To Keep An Eye On

Switzerland – a deal with the UK on secret bank accounts; Trinidad-&-Tobago – a limited state of emergency to fight crime and drug trafficking; Venezuela – if you can’t beat inflation, can you just outlaw it? Japan – Moody’s has downgraded the country’s credit rating! To read the full story click on the attachment: Weekly Focus 8-25-11 This page is provided ... Read More »