Press Releases by Category Business, Economy, Finances, Banking & Insurance
Business Survival Linked To Smarter Security
VANCOUVER, CANADA – With privacy and security threats growing in 2009, companies that want to survive economic tough times need to make sure their network infrastructure and web applications are locked down intelligently, says PCIS President Vaclav Vincalek.
“We’ve found that when IT objectives are not aligned with business requirements, organizations are basically sabotaging themselves,” says Vincalek. “We’ve seen IT people implementing policies for the sake of security to such a…
Organize Messy Metal Keys with Univenture’s Eco-Friendly Key Holder Page
Eliminate Key Chaos with the Easy to Use and Store, Archival Key Page Designed to Fit the UniKeep™ Binder
Marysville, OH -- January 29, 2009 -- Univenture, Inc. announced today the availability of a new product, the Key Holder Page. The innovative accessory is designed to provide a portable key management and organization system when inserted in the company’s award-winning UniKeep™ Binder. Univenture is an inventor and manufacturer…
Quest CE Offers California Annuities Online Training Course
Quest CE is pleased to announce the availability of their newly authored 8-Hour California Annuities Online Training Course. Quest’s new course meets the California Legislature’s Senate Bill 620 (SB 620), section 1749.8 of the California Insurance Code.
California law requires eight hours of California-specific annuities training for all life and health agents who sell individual annuity products in the state. The law requires training in annuity product history, features and…
Russell Bedford names Fordham & Oshry Inc. as new member firm in Johannesburg, S …
Russell Bedford International has announced the appointment of Fordham & Oshry Inc. as the global audit network's new member firm in Johannesburg, South Africa.
Fordham & Oshry Inc. is a successful firm of Chartered Accountants based in Randburg, part of the Johannesburg metropolitan area. The firm has a wealth of knowledge and experience from its long history. It was originally formed in 1934 under the name Pollard & Lewin.…
Russell Bedford named as one of top 15 international accounting networks
Russell Bedford International has been named as one of the world's top 15 accounting networks in the 2008 survey published by International Accounting Bulletin (IAB).
The survey results, which were announced in the publication's December 2008 issue, showed Russell Bedford at 15th position, with some 5000 total staff and 200 offices worldwide.
Russell Bedford's latest achievement comes just one year after the network was named one of the first full members of…
The New HR Architecture: HR as Business Partner Conference 2009
BME Global, one of the leading companies providing strategic international summits, forums and conferences, is thrilled to produce and organize their 1st annual HR as Business Partner Conference, which will be held at Le Chatelain Hotel in Brussels, Belgium. HR as Business Partner Conference will cover interesting topics on Aligning HR and business strategy, Business Partner Model: defining future benefits and impact, Human Capital Strategy: Identifying future leaders, Developing skill…
SABIC Invests in Eastern Europe with expanded Moscow Sales Office and Dedicated …
BERGEN OP ZOOM, The Netherlands – January 27, 2009 – At the Interplastica 2009 show, the SABIC family of plastics businesses, including SABIC Innovative Plastics and SABIC Europe, is demonstrating its strong commitment to serving the Eastern European market by introducing its expanded and dedicated sales team, all based in a new SABIC sales office in Moscow. SABIC Innovative Plastics, in the region for over a year, together with the…
“The Future of Islamic Financial Services” is the theme for 6th IFSB Summit
Kuala Lumpur, January 29, 2009 – The Islamic Financial Services Board (IFSB) is organising the 6th IFSB Summit on 5 – 8 May 2009 in Singapore. The Monetary Authority of Singapore is hosting this Summit, which is the first IFSB Summit to be held in Asia. The theme of the Summit is “The Future of Islamic Financial Services”.
Professor Rifaat Ahmed Abdel Karim, Secretary-General of the IFSB said, “This theme…
H.E. Hamad Al Sayari assumes Chairmanship of the Council of the IFSB for 2009
Kuala Lumpur, January 28, 2009 – H.E. Hamad Al Sayari, Governor of the Saudi Arabian Monetary Agency (SAMA), assumed Chairmanship of the Council and General Assembly of the Islamic Financial Services Board (IFSB) for the term 1st January – 31st December 2009. H.E. Dr. Sabir Mohamed Hassan, Governor of the Central Bank of Sudan assumed the Deputy Chairmanship for the same period.
Chairmanship of the IFSB is on an annual…
BeamYourScreen Combats Airline Strike
BeamYourScreen is easing the pain of missed flights and business meetings as a result of airline and rail strikes, by providing companies worldwide with a free software solution to host their business meetings online – eliminating the need to travel.
Mannheim, GERMANY January 28, 2009 – Following Lufthansa AG flight cancellations, flight attendants walking off the job and further delays expected, renowned online collaboration provider BeamYourScreen (BeamYourScreen.com) is offering all affected…
The political change in the USA is the hope of the PV-industry
Although there are some concerns about the financial crisis, political change in the USA is seen as a key moment for the US PV-market. Manufacturers even predict an enormous growth of the market, which should become the biggest in the world.
These are some of the results of the new VEND consulting study. Basis for the study are surveys at the SOLAR POWER international 08 in San Diego. Especially manufacturers…
Still trapped in financial mess
Considering the dead weight financial sector, stock markets could have fallen a lot further than they eventually did over the course of last week. However, there's no getting away from the mess that financial shares are in. Just over two years ago today, the RBS share price hit an all time high of £7.24. Last weeks low of just 10p highlights the markets underlying concern that the financial cancer has…
Indian Multinationals Buoyant on Germany
Market Size and Technological Prowess Boost Germany’s Attractiveness for Foreign Direct Investments from India -
Hamburg (28.01.2009): Germany has become a major focal point for Indian multinational enterprises (MNEs) in their spirited pursuit of growth opportunities overseas. In 2008, Indian firms invested an estimated amount of $ 2 billion in Germany, up from $ 825 million in 2007 and $ 850 million in 2006. Sixteen (16) mergers and acquisition (M&A) deals…
First Choice Business Brokers (FCBB) intensifies Search of Master Franchisees in …
Recent listing at Frankfurt Stock Exchange signalizes prime importance of the German market for FCBB – FCBB provides quick return of up-front investment and great long-term residual income for Masters – German spokesman and Public and Investor Relations Agency for enhanced brand development in Germany
Zurich/ Las Vegas, January 26th, 2009 – First Choice Business Brokers (FCBB), a global franchisor located in Nevada, is intensifying the Master Franchisee search…
Silverton Advisory opens first international office in Madrid
Silverton Advisory, an independent financial advisory firm focused on distressed debt and real estate transactions, today announced the opening of an office in Madrid, Spain. This is a further step in Silverton’s continuing business expansion and its first international office. The Madrid office will focus particularly on providing advice to financial institutions on non- and sub-performing loan transactions as well as on real estate transactions.
“We consider the Spanish market…
Wedgewood Associates Announces Charity Donation Program
Wedgewood Associates has announced a staff-driven charitable donation program that will provide much needed funding to a variety of local charities. Each year Wedgewood Associates makes a conscious effort to support local charities and organizations that are most important to their employees and their families.
Over the years Wedgewood Associates has donated to over forty different charities, all must be nominated by Wedgewood employees in order to be eligible to…
KP TECH Analysis: Cutback in M&A transactions in the European technology sector …
Acquisition activity in 2008 declined 9% compared to 2007. There were 2,941 acquisitions involving European technology companies in 2008, compared to 3,215 deals announced the year before. The combined value of all deals in 2008 decreased 55% to $158 billion compared to $349 billion a year earlier.
Buying activity from the USA and Northern Europe countries like UK, France and the Nordics declined, Middle Europe countries like Germany, Benelux, Switzerland and…
Credit Crunch Springs Back into Action
After taking some time off between Christmas and New Year, the credit crunch was well and truly back in action last week. Fears over further banking problems and sovereign debt downgrades for the likes of Ireland and Greece surfaced last month, but until now, these fears have merely been simmering in the background. Last week, the heat was once again turned up, and major fault lines are once again…
Cutting back on training is false economy, warns Echelon
In times of financial turmoil, organisations often look upon training as a soft target and so it becomes one of the first budgets to be reduced or even cut completely. Yet this can prove a false economy, warns the organisation development consultancy, Echelon.
”While training should take its fair share of budget cuts, failure to develop staff hits competence, motivation, productivity and, ultimately, customer service and profitability - just at the…
SH+C starts new website german-tax-consultants.com
The tax consultancy company SH+C Wagner Bumes Winkler GmbH started it´s new english website german-tax-consultants.com in the middle of January 2009. Beside comprehensive information about the German fiscal law the website offers a broadly diversified download area with tax forms for foreign companies active in Germany. Besides foreign companies on the website can find out about the generally juridical, economic and financial basic conditions of investments in the federal republic.…
Surviving in a Transitional Economy
Training Executives and Managers on How to Maximize Staff Resource Potential
RALEIGH, N.C. (January 22, 2009) — During these volatile economic times, organizational leaders report that investing in workforce development and empowerment is necessary to increase productivity. Research also shows that professional education can reduce workplace anxiety by increasing worker confidence and job satisfaction. To assist executives and managers in becoming effective transitional leaders, Michael Palazzo Productions, Inc. (michaelpalazzo.net), announces that…
Home Network Test Tool Added to Trilithic’s Versatile 860 DSPi Frequency Domain …
Indianapolis, Indiana (January 19, 2009) — Trilithic is pleased to announce the introduction and immediate availability of a new FDR (Frequency Domain Reflectometer) option for the continuously evolving 860 DSPi Field Analyzer. This option enables Installation or Service Technicians to easily identify the distance to faults or various passive devices within the home network. Similar to a TDR (Time Domain Reflectometer) in function, the FDR can work through…
New Bathroom Sink Designs at the Atlanta KBIS 2009 Show
Atlanta, Ga – It is that time of year again where the biggest names come out to show off the latest trends and designs of modern bathroom & kitchen design and ingenuity at The Kitchen/Bath Industry Show & National Conference trade show in Atlanta. Now only weeks away to the unveiling of the latest and hottest designs in all of bathroom & kitchen 900+ manufacturers. This year all the…
Appointment of second Buenos Aires practice launches Russell Bedford Argentina n …
With the appointment of Marinozzi-Mazzitelli & Asociados as its second member firm in Buenos Aires, Russell Bedford International has taken the first step in the creation of a national network of accounting firms, Russell Bedford Argentina.
Marinozzi-Mazzitelli & Asociados (MM & Asoc.) was founded in 2006 by Gabriel Marinozzi and Esteban Mazzitelli. They were joined within six months by three further partners, Juan Bettinelli, Sebastian Martinez and Daniel Ryba. …
Guaranteed Search Engine Results with Internet Marketing
Greg Bray, President of Blue Tangerine Solutions will discuss Pay Per Click Marketing and how it can help improve Web site traffic.
Melbourne, Florida, January 21, 2009 - Blue Tangerine Solutions is hosting an “Ask the Experts” Webinar on January 29, 2009 at 1 p.m. Eastern Time/12 noon Central. The event is intended for general business and participation is free, but space is limited.
The interview will be with Greg Bray, President…
Sol Inc. Appoints New Vice President of Marketing & Engineering
Palm City, Fl., U.S.A. —Sol Inc. (Solar Outdoor Lighting), the world leader in Solar LED outdoor lighting announced today the appointment of Audwin Cash as its Vice President of Marketing and Engineering, reporting to Sol President and CEO, Rick Schuett.
Mr. Cash brings to Sol many years of lighting industry experience, having previously been associated with Lutron Electronics Co., one of the world’s largest lighting control manufacturers, where he was responsible…
Emerald Software Group of Alpharetta, Georgia announces today a major new releas …
Alpharetta, GA (January 20, 2009) Emerald Software Group, a leading publisher of business process driven workforce management solutions, announces today the release of version 2.0 of its Universal Onboarding product. The new version incorporates more business rules and logic for state tax requirements, provides more options for integrating with companion HR systems such as recruiting and HRMS, introduces new features for generating offer letter templates, and offers more features in…
Addition of correspondent firm in Albania boosts Russell Bedford coverage in Sou …
Russell Bedford International, the worldwide accounting and consulting group, has announced the appointment of ZIG Consulting AL Sh.p.k. as its correspondent firm in Albania, boosting the network's coverage in South East Europe.
ZIG Consulting was founded in 2007 by a group of professionals with backgrounds in different aspects of business consulting. Grouping together financial and legal advisers, ZIG Consulting is one of the first firms in Albania to offer such…
Banque de France to host IFSB-FSI Islamic Financial Services Forum in Paris
Kuala Lumpur, January 20, 2009 – The Islamic Financial Services Board (IFSB) and the Financial Stability Institute (FSI) are jointly organising the 3rd Islamic Financial Services Forum: The European Challenge on 4th March 2009 in Paris. Banque de France is hosting the Forum.
The Forum will bring together senior financial sector supervisors, market players, and experts from international financial institutions to discuss the following issues and challenges that Europe may face…
Small businesses to slash advertising and travel spend
Nearly 40% of Britain’s small businesses are planning to cut their budgets for advertising and business travel (37%) in order to weather the recession, a new survey has found.
The YouGov survey, commissioned by independent electricity supplier Opus Energy, polled over 500 small business owners and managers to discover where they would be cutting back during the current economic downturn. Business travel and advertising spend were top of the…
BME Global presents the most important HR event for 2009: HR Directors Summit Eu …
HR Directors Summit Europe 2009 brings together top and leading senior executives from international organisations for knowledge sharing, learning, networking, benchmarking, business development and problem solving. With special guest speaker: LYNDA GRATTON from London Business School, Leading Professor of Management Practice, Organisation and Management.
This year’s HR Directors Summit will be held February 11th & 12th , 2009, and the Spotlight Day on the 10th of February at the Sheraton…
Open Source BI Helps in Economic Crisis, BizCubed Increases Pentaho Support
Business Intelligence consultants expect more interest in open source, open standards BI software in times of economic downturn. As companies try to save money, open source BI proves an effective alternative to expensive proprietary software. Lower IT spending not only delivers immediate savings but also secures higher competitiveness in the long term.
SYDNEY, NSW (BizCubed) JANUARY 19, 2009 - BizCubed, the premier Australian Pentaho partner and BI consulting company, announced…
Excelsior Aerospace announces agreement to acquire Helocomb International
New York, NY Excelsior Aerospace has announced a definitive agreement to acquire Helocomb International. Transaction terms have not been disclosed.
Wedgewood Associates initiated the transaction, led the negotiations and acted as the exclusive financial advisor to Helocomb. Jonson, James & Hoffman LLP acted as legal advisor to Helocomb, and Marrison Cohen acted as legal advisor to the buyer.
“The Wedgewood team ran an efficient, effective process that achieved a strong valuation with…
WorldSharp 2008 Tax Form Software for all 1098’s, 1099’s, 5498’s and W-2g’s Now …
ANGEL FIRE, New Mexico — WorldSharp Technologies, Inc. today announced the availability of the 2008 version of Worldsharp 1099 Item Preparation System. It is ready to ship with the new forms changes and the IRS electronic reporting and correction specifications for 2008. When ordered, the software can be downloaded or shipped on CD. The system is priced very competitively at $89.95 for a single user version and…
AlphaStaff Group, Inc. Soars Past Competitors As Fastest-Growing PEO in the Indu …
FT. LAUDERDALE, Fla., – AlphaStaff Group, Inc., the fifth largest professional employer organization (PEO) nationwide, is the fastest-growing PEO in the industry, according to recent rankings. The list, compiled by Staffing Industry Analysts, Inc., ranks the 25 largest PEOs by their net revenue from PEO services in 2007.
According to the compiled statistics, in 2007, AlphaStaff’s net revenue increased 79 percent, twice the rate of any other PEO. Similarly, since…
SUCCESSFUL LAUNCH OF THE FINANCIAL SERVICES CLUB CEE IN VIENNA
Vienna. On January 14, 2009, the British Embassy in Vienna hosted over 100 top level managers from primarily finance and banking services, from over ten Central and Eastern European countries, to launch the Financial Services Club CEE.
The speakers at the first event, discussing “the impact of the credit crisis in Central and Eastern Europe” included regional visionaries such as Friedhelm Boschert, CEO of Volksbank International; Karl Sevelda, Board Member of…
econique Banking Turn Around Summit 2009: What are the best strategies for copin …
The elite network econique responds to the demand for information and discussion concerning the financial markets and hosts the Banking Turn Around Summit 2009 on the 15th/16th June 2009 in Berlin, Germany. Representatives of the financial industry meet to discuss the implications of the credit crunch crisis on markets, risk management, internal organisation and IT processes. The platform for executives of international banks aims to exchange strategies, concepts and background…
rbb Public Relations Acquires Cece Feinberg PR
Acquisition Results In Formation Of rbb Style Group
MIAMI – January 14, 2009 – rbb Public Relations announced the acquisition of Cece Feinberg Public Relations and the creation of the rbb Style Group at rbb Public Relations with offices in New York and Miami. The announcement was made by Christine Barney, CEO and managing partner. rbb Public Relations acquired the firm specializing in fashion, art and lifestyle to add…
Russell Bedford names Sherif Dabbous as new member firm in Cairo, Egypt
Russell Bedford International has announced the appointment of Sherif Dabbous as the global audit network's new member firm in Cairo, Egypt.
The Cairo-based public accounting and audit practice was founded by Mansour Dabbous in 1964. The firm initially developed a regional focus, opening representative offices in Libya, Lebanon and Kuwait.
In 1979 Sherif Dabbous, son of the founder, joined the firm and refocused on work in Egypt. Over…
VTB Bank (Deutschland) AG decides to implement XCOM’s eBanking solution – an int …
Willich / Frankfurt am Main. Following an intense selection process conducted internationally for more than five months, the decision of VTB Bank (Deutschland) AG located in Frankfurt am Main falls on the eBanking solution of XCOM AG.
VTB Bank (Deutschland) AG is held by the affiliated group of VTB Bank Russia located in Moscow and St. Petersburg. VTB is the second largest Russian business bank and it controls subsidiaries and participations…
Bigmouthmedia opens Spanish office
Bigmouthmedia announce continued expansion with the opening of a new office in Madrid.
Marking the latest stage in the group's international expansion programme, Europe's largest independent digital marketing agency has now opened for business in Madrid. Led by two of Spain's best-known search professionals, the new office will offer bigmouthmedia's full range of search engine optimisation (http://www.bigmouthmedia.com/products_services/search_engine_optimisation/ ), PPC and digital marketing services to the Spanish market.
"Spain is somewhere that…
Timbercon starts the New Year with New Faces
LAKE OSWEGO, OR – January 14, 2009 - Timbercon, Inc., a fiber optic product and solution manufacturing company, announced new hires and a promotion to start the New Year. The current economic climate has not deterred certain key industries from experiencing growth, and as a result, additional customer service support was required.
Diana Bullen. Ms. Bullen has joined the Timbercon family as Inside Sales Assistant. She brings considerable…
learn eXact Enterprise unveiled at Learning Technologies
The leading learning and mobile content management solution provider, Giunti Labs, will be offering previews - at this year’s Learning Technologies exhibition – of learn eXact Enterprise, the latest version of its learning content management system (LCMS). This year, Learning Technologies - which is being held at London’s Olympia on 28th and 29th January 2009 - focuses on ‘Next generation learning at work’, and will provide examples of how technology-supported…
First Choice Business Brokers (FCBB) rated as one of America’s top 500 Franchise …
FCBB evaluated to be among the best US-American franchise companies by Entrepreneur Magazine – Ranking underlines the company’s expansion strategy including the recent listing at the Frankfurt Stock Exchange
Zurich/ Las Vegas, January 14th, 2009 – First Choice Business Brokers, a Nevada Franchise company, was recently rated to be one of America’s top 500 Franchise Companies by Entrepreneur Magazine. “Being selected to be among the best franchisors in the United…
Franchising Starts to Prosper Due to the Recession
2009 is predicted to be a boom year for the franchise industry according to specialist consultancy Franchise Development Services (FDS). The company, which also publishes The Franchise Magazine and The UK Franchise Directory, reports that since the end of November 2008 over 2,000 people registered an interest in owning and operating a franchise through its publications and websites.
“With thousands of people throughout the UK being made redundant and more facing…
The Clearman Law Firm Investigating Secret Life Insurance Polices Where Banks Re …
HOUSTON – Attorneys from Houston’s The Clearman Law Firm (clearmanlaw.com) are announcing a nationwide investigation of banks that have purchased secret life insurance policies in order to collect benefits when current and former employees die.
Many of the world’s largest banks have purchased “bank-owned life insurance” or “BOLI” for years, including Bank of America (NYSE: BAC), JP Morgan Chase (NYSE: JPM), Bear Stearns (NYSE: BSC), Citigroup (NYSE: C), Wachovia, Washington Mutual…
Musikmesse now on Twitter
Musikmesse is the world's biggest international trade fair for musical instruments, music software & computer hardware, sheet music and accessories. Around 75,000 trade visitors from the musical-instrument sector, manufacturers, dealers, professional and amateur musicians made their way to Frankfurt for the last event in March 2008. Musikmesse is complemented perfectly by the Prolight + Sound trade fair, which is held at Frankfurt Fair and Exhibition Centre at the same time.…
GE Money Bank chooses FERNBACH for IFRS, US GAAP and Czech GAAP parallel account …
Prague & Luxembourg, 14 January 2009 – FERNBACH, a leading international provider of solutions for IFRS compliance, multi-GAAP accounting and ICAAP has been chosen by GE Money Bank Czech Republic to automate its accounting according to three parallel standards: IFRS, US GAAP and Czech GAAP.
The agreement covers these accounting requirements for GE’s five financial institutions in the Czech Republic.
The preconfigured FERNBACH solution, FlexFinance® Accounting for parallel accounting, will provide GE…
OSI To Provide Outsourced Accounting Services For Major NJ Non Profit Organizati …
POMPTON PLAINS, NJ - OSI Business Services recently announced a new contract with the Family Support Organization of Morris & Sussex Counties. OSI will manage all day-to-day accounting services for FSO, including all bookkeeping needs and controllership services.
The State of New Jersey chose OSI for the contract from of a large pool of online accounting services and bookkeeping providers, and has contracted with them to increase efficiency within the…
Microsoft SharePoint Integration for GroupWise Unveiled at GWAVACon Las Vegas
13 Jan 2009 - Omni, the GroupWise Integration Company, today announced that it will unveil two new integration options for Novell GroupWise and Microsoft SharePoint at GWAVACon Las Vegas (January 25-27). The first integration option delivers transparent, bi-directional, server-side synchronization of GroupWise and SharePoint appointments, tasks, address books and support issues. End-users can access the data from the application of their choice. The second option is to embed GroupWise WebAccess…
