Articles tagged with operations
Sun, May 20, 2012
Mom with flesh-eating disease had seven operations: brother
By Harriet McLeod
CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a ...
Wed, May 16, 2012
Exclusive: ECB stops operations with some Greek banks
By Annika Breidthardt and Andreas Framke
BERLIN/FRANKFURT (Reuters) - The European Central Bank has stopped providing liquidity to some Greek banks as they have ...
Wed, May 09, 2012
China orders "Big Four" auditors to restructure
By Koh Gui Qing and Rachel Armstrong
BEIJING (Reuters) - The world's top four accounting firms will have to bring in Chinese citizens to ...
Wed, May 09, 2012
HSBC in talks over possible sale of Latam operations
HONG KONG (Reuters) - HSBC plc
Wed, May 09, 2012
Analysis: Turning point emerges for Chinese central bank's market operations
By Lu Jianxin and Jason Subler
SHANGHAI (Reuters) - China's central bank is changing the way it conducts monetary policy as the world's ...
Mon, April 16, 2012
Toshiba to buy IBM's point-of-sale terminal business: source
(Reuters) - A unit of Toshiba Corp <6502.T> is in talks to buy IBM Corp's
Mon, April 16, 2012
Cushion helps absorb shocks after tornado-Boeing
By Kyle Peterson
(Reuters) - Boeing Co on Monday said its production system has a cushion in place that will help absorb disruptions caused by ...
Tue, March 27, 2012
New Sony CEO to keep charge of troubled TV operations
By Chris Gallagher and Yoko Kubota
TOKYO (Reuters) - Sony Corp CEO Kazuo Hirai signaled his determination to turn around the group's ailing TV ...
Thu, March 22, 2012
GM to invest $1 billion in Australia operations
CANBERRA (Reuters) - U.S. car maker General Motorson Thursday committed to invest A$1 billion (US$1.04 billion) in its Australian operations over ...
Tue, March 20, 2012
Glencore to resume Philippine copper operations by mid-year
MANILA (Reuters) - Glencore International
Mon, March 19, 2012
Dun & Bradstreet halts China unit operations amid probe
(Reuters) - Dun & Bradstreet
Dun & Bradstreet, formed from a 1933 merger of two rival credit reporting agencies, said it is investigating allegations that data collection practices at Shanghai Roadway D&B Marketing Services Co, which it formed in 2009, may violate Chinese consumer data privacy laws.
In a statement, Dun & Bradstreet said the Shanghai Roadway unit had 2011 revenue of around $23 million and operating income of $2 million. Total group revenue last year was $1.76 billion.
In addition to the data collection practices, D&B said it was reviewing complaints that local employees may have violated the U.S. Foreign Corrupt Practices Act (FCPA) and other laws at its China operations.
The company gave no specific details of the allegations, but said it was cooperating with a Chinese investigation and has voluntarily reported the matters to the U.S. Department of Justice and the U.S. Securities and Exchange Commission.
Calls to the Shanghai Roadway D&B Marketing Services unit went unanswered on Monday and attempts to access the company's website generated an error message.
A report in the Shanghai Daily newspaper cited Shanghai police as saying they had confiscated four computer servers at the unit's headquarters and questioned three senior executives.
State television said the company had private information, including income levels, jobs and addresses, for some 150 million Chinese residents and had sold individuals' details for 1.5 yuan (23 cents) each to companies involved in marketing or phone sales, the newspaper reported.
The report said the company had collected personal information from banks, insurance companies and real estate agents as well as from cold-call companies.
Wendy Wysong, a foreign legal consultant at Clifford Chance in Hong Kong, said U.S.-based businesses operating in China are regularly scrutinized by U.S. anti-corruption officials, adding that cases of alleged bribery are increasing faster in China than in other countries.
"Very often, as appears here, as a result of internal investigations of other types of non-compliant conduct, possible corrupt conduct is also discovered," she said.
Other U.S. firms operating in China have been accused of violating the Foreign Corrupt Practices Act, including IBM, which agreed last March to pay $10 million to settle a complaint, without admitting guilt, that its employees bribed South Korean and Chinese officials.
Law enforcement officials are currently investigating whether Avon Products
Dun & Bradstreet filings with the SEC describe the firm as "the world's leading source of commercial information and insight on businesses."
It said its global database and proprietary analytical functions create reliable information that "is the foundation of our global solutions that customers rely on to make critical business decisions."
Dun & Bradstreet operates several other majority-owned joint ventures in China.
In 2007 it took a majority stake in a venture with Huaxia International Credit Consulting Co Ltd called D&B Huaxia; in 2008 it bought a majority stake in a joint venture with Huicong International Co Ltd; and last year it acquired nearly ...
Mon, March 19, 2012
Dun & Bradstreet halts China unit operations amid probe
(Reuters) - Dun & Bradstreet
Dun & Bradstreet, formed from a 1933 merger of two rival credit reporting agencies, said it was looking into allegations that data collection practices at Shanghai Roadway D&B Marketing Services Co, which it bought in 2009, may violate Chinese consumer data privacy laws.
In a statement, Dun & Bradstreet said the Shanghai Roadway unit had 2011 revenue of around $23 million and operating income of $2 million. Total group revenue last year was $1.76 billion.
Besides the data collection practices, D&B said it was reviewing complaints that local employees may have violated the U.S. Foreign Corrupt Practices Act (FCPA) and other laws at its China operations.
The company gave no specific details of the allegations, but said it was cooperating with the Chinese investigation and has voluntarily reported the matters to the U.S. Department of Justice and the U.S. Securities and Exchange Commission.
Calls to the Shanghai Roadway D&B Marketing Services unit went unanswered on Monday, and attempts to visit the company's website generated an error message.
A report in the Shanghai Daily newspaper cited Shanghai police as saying they had confiscated four computer servers at the unit's headquarters and questioned three senior executives.
State television said the company had private information including income levels, jobs and addresses for some 150 million Chinese residents and had sold individuals' details for 1.5 yuan (23 cents) each to companies involved in marketing or phone sales, the newspaper reported.
The report said the company had collected personal information from banks, insurance companies and real estate agents as well as from cold-call companies.
Shares in Dun & Bradstreet, valued at around $4.1 billion, have gained 48 percent in the past 6 months and last week hit a 13-month high.
(Reporting by Sakthi Prasad in BANGALORE and Ken Wills in BEIJING; Editing by Muralikumar Anantharaman and Ian Geoghegan)
Mon, March 19, 2012
D&B halts operations at China unit pending inquiry
(Reuters) - Business information firm Dun & Bradstreet
Dun & Bradstreet said in a statement it is also probing allegations that data collection practices at its Shanghai Roadway D&B Marketing Services Co unit "may violate" local Chinese consumer data privacy laws. The company had acquired the unit in 2009.
Besides the data collection practices, D&B said it has been reviewing certain complaints that local employees may have violated an anti-bribery law -- U.S. Foreign Corrupt Practices Act (FCPA) -- and certain other laws in its China operations.
The company said it is cooperating with the local Chinese investigation, and has voluntarily reported these matters to the U.S. Department of Justice and the U.S. Securities and Exchange Commission.
(Reporting by Sakthi Prasad; Editing by Muralikumar Anantharaman)
Tue, March 13, 2012
AUDIO: Kalamazoo Airport Director Moshoginis says Direct Air ceases operations until May 15th
KALAMAZOO (WKZO) Kalamazoo/Battle Creek Airport Director Cliff Moshoginis told "The Trifecta" Tuesday afternoon that Direct Air has ceased operations through May 15th. The ...
Sun, March 04, 2012
Wells Fargo to increase international operations: report
LONDON (Reuters) - U.S. bank Wells Fargo
Thu, January 26, 2012
Ford hit by commodity costs, international woes
By Deepa Seetharaman and Ben Klayman
(Reuters) - Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results ...
Fri, January 20, 2012
GE revenue lower than expected
By Scott Malone
(Reuters) - General Electric Co's
Mon, January 02, 2012
Ohio suspends well operations after series of quakes
By Kim Palmer
CLEVELAND (Reuters) - Ohio has suspended operations at five deep wells used to dispose of fracking-related fluids after nearly a dozen earthquakes ...
Sun, January 01, 2012
Ohio suspends well operations after series of small quakes
By Kim Palmer
CLEVELAND (Reuters) - Ohio has suspended operations at five deep-well hazardous fluid disposal sites after a series of 11 earthquakes in Youngstown ...
Tue, December 13, 2011
Nokia Siemens to ramp down Iran operations
By Tarmo Virki
HELSINKI (Reuters) - The world No. 2 mobile telecom equipment maker Nokia Siemens Networks will start to gradually ramp down its business ...
Tue, December 13, 2011
Port operations back to normal after protest disruptions
OAKLAND, Calif (Reuters) - Operations were back to normal on Tuesday at West Coast ports, a day after a series of anti-Wall Street protests disrupted ...
Tue, October 11, 2011
NASA's space shuttle operations chief heading to Virgin
By Irene Klotz
CAPE CANAVERAL, Florida (Reuters) - Deputy space shuttle program manager and former flight director Mike Moses is leaving NASA to oversee operations ...
Sun, September 18, 2011
Best Buy reviewing British operations: report
NEW YORK (Reuters) - U.S. electronics retailer Best Buy Co
Thu, September 15, 2011
Central banks expand dollar operations
By Sakari Suoninen and Marc Jones
FRANKFURT (Reuters) - Major central banks around the world will cooperate to offer three-month U.S. dollar loans to ...
Wed, August 31, 2011
Japan backs Sony, Toshiba, Hitachi LCD merger
By Mayumi Negishi
TOKYO (Reuters) - Japan's Sony Corp, Toshiba Corp and Hitachi Ltd will merge their liquid-crystal display operations using $2.6 billion ...
Mon, August 29, 2011
Energy operations resume after Irene, 5 million lose power
By Joshua Schneyer and Selam Gebrekidan
NEW YORK (Reuters) - Energy firms along the Eastern Seaboard scrambled on Monday to resume operations after Hurricane Irene ...
Sat, August 27, 2011
Irene cuts power to 1.8 million
By David Sheppard and Joshua Schneyer
NEW YORK (Reuters) - Hurricane Irene knocked out power to 1.8 million homes and businesses, disrupted oil refineries ...
Mon, August 08, 2011
Jobs woes sink Wall Street
By Ryan Vlastelica
NEW YORK (Reuters) - Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with ...
Sat, July 30, 2011
U.S. offshore oil producers restarting ops post-Don
By Kristen Hays
HOUSTON (Reuters) - U.S. offshore oil and natural gas producers are restarting production operations with Tropical Storm Don long over, data ...
Mon, June 06, 2011
Toshiba, Sony plan to merge small LCD panel units: sources
By Kentaro Hamada and Reiji Murai
TOKYO (Reuters) - Toshiba Corp and Sony Corp are in talks to combine their units that make small and ...
Tue, April 26, 2011
Sina has no immediate plan to list microblog operations: CEO
BEIJING (Reuters) - Sina Corp, China's largest Internet portal, has no immediate plans to list its microblog operations, its chief said on Wednesday.
Sina ...
Tue, April 12, 2011
Deutsche Bank to restructure U.S. operations: report
FRANKFURT (Reuters) - Deutsche Bank <DBKGn.DE> will change the legal status of its main U.S. subsidiary to avoid having to endow it with ...
Sat, April 09, 2011
U.S.-Pakistan intelligence operations frozen since January
By Chris Allbritton
ISLAMABAD (Reuters) - Joint U.S.-Pakistan intelligence operations have been halted since late January, a senior Pakistani intelligence officer said, reflecting ...
Wed, March 23, 2011
Exxon restores Japan refineries, terminal operations
NEW YORK (Reuters) - Exxon Mobil said on Wednesday it has restored all four of its Japan group refineries to full operations and opened the ...
Mon, March 21, 2011
Gates says U.S. soon to reduce role in Libya operations
MOSCOW (Reuters) - The United States will soon reduce its participation in the coalition operation in Libya, Russia's Interfax news agency cited Defense Secretary ...
Wed, March 16, 2011
Republicans question report on SEC operations
By Sarah N. Lynch
WASHINGTON (Reuters) - Two House Republicans have raised questions about the integrity of a report that found the Securities and Exchange ...
Mon, March 14, 2011
Kraft CFO to step down; operations exec to take job
NEW YORK (Reuters) - Kraft Foods Inc <KFT.N> said on Monday its chief financial officer will step down in mid-2011 and be replaced by ...
Fri, March 11, 2011
Los Angeles port stops cargo operations ahead of tsunami
NEW YORK (Reuters) - Port of Los Angeles said on Friday it suspended cargo operations as precaution against a tsunami on the Pacific Ocean following ...
Tue, March 08, 2011
Ng appointed MLB senior vice president for operations
NEW YORK (Reuters) - Major League Baseball filled out its operations department on Tuesday by naming Kim Ng senior vice president and putting Joe Garagiola ...
Sat, February 26, 2011
Former manager Joe Torre to oversee Major League operations
PHOENIX (Reuters) - Former manager Joe Torre has been named Major League Baseball's executive vice president for baseball operations, commissioner Bud Selig said on ...
Thu, January 13, 2011
Marathon to split off refinery operations
NEW YORK (Reuters) - Marathon Oil Corp <MRO.N> said on Thursday it would split off its refinery operations into a stand-alone company.
The move ...
Wed, January 05, 2011
Broncos hire Elway to lead football operations
DENVER (Reuters) - Hall of Fame quarterback John Elway assumed control of the Denver Broncos' football operations Wednesday in a bid to revitalize the struggling ...
Fri, December 24, 2010
Toyota aims to lower break-even point for Japan operations
By Chang-Ran Kim, Asia autos correspondent
NAGOYA, Japan (Reuters) - Toyota Motor Corp <7203.T> is aiming to significantly lower the break-even point for its ...
Thu, December 23, 2010
Toshiba overhauls chip operations with Samsung and Sony deals
By Mariko Katsumura and Miyoung Kim
TOKYO/SEOUL (Reuters) - Toshiba Corp will overhaul its chip operations, outsourcing output of some system chips to Samsung ...
Sat, November 13, 2010
Karzai wants U.S. to cut back Afghan military operations
WASHINGTON (Reuters) - Afghan President Hamid Karzai wants the U.S. military to scale back the visibility and intensity of its operations in Afghanistan and ...
Wed, September 08, 2010
City Commission Strips Kalamazoo Gazette of Tax-Break for Moving Printing Operations out of Downtown
KALAMAZOO -- Kalamazoo City Commissioners were warned last night that they could be facing lawsuits if they approve a proposed zoning ordinance that they say ...
Mon, September 06, 2010
Oil operations in Gulf unaffected by storm
HOUSTON (Reuters) - BP Plc <BP.L><BP.N>, the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell ...
Wed, July 28, 2010
Kalamazoo County Opens Emergency Operations Center for Oil Spill
KALAMAZOO -- Kalamazoo County has opened its Emergency Operations Center and Director Paul Baker has gotten a chance to fly over the area directly impacted ...
Fri, June 04, 2010
U.S. widens Special Operations against al Qaeda: report
WASHINGTON (Reuters) - The Obama administration has significantly expanded the deployment of U.S. military Special Operations forces around the world against al Qaeda and ...
Tue, June 01, 2010
U.S. military ends major relief operations in Haiti
MIAMI (Reuters) - The U.S. military announced the end of major relief operations in Haiti on Tuesday, nearly five months after the country's ...
Mon, May 24, 2010
Covert U.S. operations authorized in secret order
WASHINGTON (Reuters) - A senior U.S. military commander issued a secret order last year that laid the ground for an escalation of covert operations ...
Mon, May 03, 2010
Tired South Africa doctors botch operations: report
JOHANNESBURG (Reuters) - Overworked South African doctors are prone to botched surgical operations and in some instances have left gloves and scissors in patients' bodies ...
Tue, April 20, 2010
Pentagon to boost Yemen's special operations forces
By Adam Entous
WASHINGTON (Reuters) - The Pentagon plans to boost U.S. military assistance to Yemen's special operations forces to lead an offensive ...
Mon, April 19, 2010
U.S. to end military operations in Haiti on June 1
WASHINGTON (Reuters) - The U.S. military will wrap up its formal earthquake relief mission in Haiti on June 1, although some assistance will continue ...
Mon, April 19, 2010
Ash flight ban hits transplants, other operations
By Ben Hirschler
LONDON (Reuters) - Europe's flight ban is preventing some life-saving transplant tissue from reaching patients, and other operations have had to ...
Mon, April 19, 2010
Ash flight ban hits transplants, other operations
By Ben Hirschler
LONDON (Reuters) - Europe's flight ban is preventing some life-saving transplant tissue from reaching patients, and other operations have had to ...
Sat, April 17, 2010
New York OTB board extends operations for a year
NEW YORK (Reuters) - The board of New York City's bankrupt Off-Track Betting Corporation voted on Saturday to continue operations for another year, just ...
Fri, April 09, 2010
U.S. base in Kyrgyzstan resumes normal operations
BISHKEK (Reuters) - The U.S. air base in Kyrgyzstan has resumed normal operations after cutting back flights because of violent unrest nearby in the ...
Thu, April 08, 2010
U.S. has limited operations at Kyrgyzstan base
By Arshad Mohammed and Phillip Stewart
WASHINGTON (Reuters) - A U.S. base in Kyrgyzstan that supplies American forces in Afghanistan is conducting limited operations ...
Fri, April 02, 2010
Taiwan's HTC says Apple suit not affecting operations
TAIPEI (Reuters) - Taiwan's HTC Corp, the world's No.5 smartphone maker, said on Friday a lawsuit against it by Apple Computer was ...
Wed, February 24, 2010
Coke to buy top bottler's North America operations
By Martinne Geller
NEW YORK (Reuters) - Coca-Cola Co <KO.N will take over the North American operations of its top bottler, Coca-Cola Enterprises Inc ...
Wed, January 27, 2010
Obama approved secret operations in Yemen: report
WASHINGTON (Reuters) - President Barack Obama approved secret joint U.S. military and intelligence operations with Yemeni troops that began six weeks ago and killed ...
Tue, January 26, 2010
Yemen won't allow foreign operations on its soil
LONDON (Reuters) - Yemen needs logistical support to help fight al Qaeda but will not allow foreign covert operations against the global militant group on ...
Sun, January 24, 2010
Citigroup resumes operations in Haiti
NEW YORK (Reuters) - Citigroup Inc <C.N> said on Sunday it had resumed operations in Haiti, but has relocated operations after a massive earthquake ...
Fri, January 08, 2010
Smell on flight halts operations at Boston airport
BOSTON (Reuters) - Boston's Logan International Airport was closed for about 30 minutes on Friday after a suspicious smell on a departing Delta Air ...
Wed, December 23, 2009
"Harassed" Nestle halts Zimbabwe operations
By Nelson Banya
HARARE (Reuters) - Swiss food company Nestle has suspended operations in Zimbabwe, complaining of harassment after it pulled out of a deal ...
Mon, December 21, 2009
Maryland Firm Moving Operations To Milwaukee
MILWAUKEE (WRN) - A firm that develops energy management technology is moving its operation from Maryland to its satellite facility in Milwaukee. Telkonet Incorporated says ...
Sun, November 15, 2009
Champion seeks Chapter 11 for U.S. operations
NEW YORK/BANGALORE (Reuters) - Champion Enterprises Inc <CHB.N> said on Sunday the company and its domestic operating subsidiaries filed for bankruptcy, and that ...
Sat, November 07, 2009
Ida sloshes ashore, US Gulf oil operations recover
By Kelli Dugan
MOBILE, Alabama (Reuters) - Ida dwindled to a tropical depression on Tuesday after crawling ashore in Alabama from the Gulf of Mexico ...
Wed, October 28, 2009
US Airways to cut jobs, shift operations
CHICAGO (Reuters) - US Airways Group said on Wednesday it would cut its staff by 1,000, or 3 percent, and shift its operations to ...
Fri, September 25, 2009
Russia hopes U.S. to extend shuttle operations
MOSCOW (Reuters) - Russia hopes the United States will extend the deadline to retire its space shuttles beyond 2011 and has heard unofficially it is ...
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