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FedEx Awards ‘Fat Toad Farm’ Small Business Grant

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FedEx Awards ‘Fat Toad Farm’ Small Business Grant

Fat Toad Farm, a small business specializing in hand-crafted goat’s milk caramel sauces, has been announced the winner of the second annual FedEx Small Business Grant Contest. Fat Toad Farm, which is based in Brookfield, Vermont, will receive a $25,000 grant to put toward its business and growth plan. FedEx made this announcement Tuesday, March [...]

Dermalog Wins Contract for Nigerian Bank Project

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Dermalog Wins Contract for Nigerian Bank Project

Dermalog Identification Systems from Germany is installing a nationwide system in Nigeria to identify all bank customers by fingerprint. The first phase is operational now. On Valentine’s Day, the pilot phase of the biometric project was launched in Lagos. Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, launched the biometric identification system for [...]

President Obama’s Push for Shale Gas Projects

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President Obama’s Push for Shale Gas Projects

The American Chemistry Council (ACC) says that potential U.S. chemical industry investment linked to plentiful and affordable natural gas and natural gas liquids from shale formations has topped $100 billion. As of this month (February), 148 projects valued at $100.2 billion have been announced. These projects – new factories, expansions and process changes to increase [...]

Corruption Case Against India’s Richest Man

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Corruption Case Against India’s Richest Man

The Delhi Government under a new political party – Aam Aadmi Party (AAP) – today directed the Anti-Corruption Branch of the state government to register a report against the chairperson of Reliance Industries Limited (RIL), Mukesh Ambani, along with others. Ambani – who is the elder son of businessman Dhirubhai Ambani – is said to [...]

Will You Use Alternative Currency Like Bitcoin?

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Will You Use Alternative Currency Like Bitcoin?

As buzz about Bitcoin, a five-year-old cryptocurrency, continues to build, the question is often asked – will consumers embrace this alternative currency? A new nationwide survey conducted for TheStreet (NASDAQ: TST) by GfK answers that question with a resounding “no,” showing that consumers do not understand Bitcoin and have little interest in owning it. “While [...]

Axis Bank to Set up a Branch in China

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Axis Bank to Set up a Branch in China

Axis Bank, claimed to be India’s third largest private sector bank, as a part of adding value to the banking service in China, today announced the opening of its Shanghai branch. Subsequent to the bank receiving permission to start banking operations from Chinese Regulator – China Banking Regulatory Commission (CBRC) – in September 2013, it [...]

JPMorgan Chase Names Kristin Lemkau as CMO

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JPMorgan Chase Names Kristin Lemkau as CMO

Global financial services firm JPMorgan Chase announced Tuesday that Kristin Lemkau will become Chief Marketing Officer (CMO) for JPMorgan Chase. She will continue to report to Gordon Smith, CEO of Consumer & Community Banking. She will continue with her current responsibilities as Chief Communications Officer for Chase. In this role, Ms. Lemkau will oversee brand [...]

MBNA Launches New TV Ad Campaign

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MBNA Launches New TV Ad Campaign

MBNA Limited, a wholly owned subsidiary of Bank of America Corporation (NYSE: BAC), has launched a new TV advertising campaign, entitled ‘Seasons’. The campaign, which consists of a 30-second TV spot, focuses on MBNA’s longest balance transfer credit card, which offers eligible new customers zero percent interest on balance transfers and money transfers for up [...]

Lionsgate Collects $2 Billion at Box Office

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Lionsgate Collects $2 Billion at Box Office

Lionsgate (NYSE: LGF), a leading global entertainment company, has grossed more than $1 billion at the domestic box office and another $1 billion-plus at the international box office for calendar 2013 to date, the company announced today. Lionsgate claims to be the only studio other than the traditional majors to break the $1 billion mark [...]

SBI Sponsors Bengaluru Midnight Marathon

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SBI Sponsors Bengaluru Midnight Marathon

State Bank of India (SBI), the country’s largest bank, has joined hands with Rotary Bangalore IT Corridor (RBITC) as title sponsor for the current Bengaluru Midnight Marathon (SBIBMM). The event will be held at midnight on Dec. 14 at KTPO, Whitefield. Former athlete Milkha Singh is the brand ambassador for this year’s marathon. The theme [...]

Almaty Unveils Plans for Foreign Investment

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Almaty Unveils Plans for Foreign Investment

The first Almaty Investment Forum showcased the financial hub of Kazakhstan as a favorable destination for foreign investment. Kazakhstan Prime Minister Serik Akhmetov assured the foreign investors to create more favorable conditions for doing business in the country and hinted at giving several incentives including exemption from customs duties on the import of equipment, grants [...]

World Capital Markets Symposium in Kuala Lumpur

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World Capital Markets Symposium in Kuala Lumpur

Global thought leaders gathered Tuesday at the World Capital Markets Symposium (WCMS), organised by the Securities Commission Malaysia (SC) in conjunction with its 20th anniversary. At the opening session, Malaysian Prime Minister Dato’ Sri Najib Razak (pictured above) delivered a keynote address to more than 700 senior policymakers and representatives from global financial institutions, academia [...]

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