Monthly Archives: October 2013

Singapore : New alliance launched to nurture business leaders

Posted on October 31, 2013 by thomasdinnocenzi

The Singapore Business Federation (SBF) along with five partners set up the Young Business Leaders Alliance – a new platform to support up and coming entrepreneurs. The five partners are the Business Leaders Alumni Club; three Young Entrepreneurs Network from … Continue reading →

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Japan’s NTT buys US cloud computing firms for US$875m

Posted on October 30, 2013 by thomasdinnocenzi

NTT Communications said Monday it would pay a combined US$875 million for two US-based cloud computing firms, marking the latest major overseas acquisition by a Japanese firm. The telecoms giant said it had agreed to buy Virtela for US$525 million, … Continue reading →

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Malaysian ringgit on a high after budget announcement

Posted on October 29, 2013 by thomasdinnocenzi

The Malaysian ringgit climbed the highest in four months on Monday, after closing at a record high last Friday, when the government announced a 2014 budget that has been widely received as fiscally responsible. The Malaysian government’s move to tackle … Continue reading →

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Chinese oil firms join Euro giants to win Brazil auction

Posted on October 25, 2013 by thomasdinnocenzi

China’s CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France’s Total won an auction on Monday to join Brazilian state operator Petrobras in developing the huge “Libra” Atlantic oilfield. The five energy firms won 35-year concessions, with Petrobras taking … Continue reading →

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