DB Schenker, the global integrated logistics services provider today announced its joint venture (JV) partnership with its long time ally in Oman – Khimji Ramdas. The new joint venture company Schenker Khimji`s L.L.C. will provide...
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Monthly Archives: October 2011
Companies face tougher time obtaining bank loans
Small and medium businesses find it tougher to obtain a bank loan now than four years ago, government figures confirmed.The success rate in getting a bank loan fell from 92% in 2007 when the era of easy credit was at...
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Oilsands venture attracts global interest in Cenovus
The list of companies looking to hook up with Cenovus Energy Inc. in a new multibilliondollar oilsands joint venture include firms from India, China, the United States and Canada, its CEO says. “There are national...
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PharmaSecure raises $3.9m from fund headed by ex-Google CEO
PharmaSecure has raised $3.9m in a fund-raising that will provide capital for further development of its coding and SMS-based systems used to protect the public from counterfeit, diverted and otherwise illegal medicines. Led by Innovation...
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Total Profit Rises 13% on Higher Oil Prices; Output Drops 1%
Total SA, Europe’s third- largest oil producer, said profit rose 13 percent on higher oil prices. Third-quarter profit excluding changes in inventories and the value of a stake in Sanofi-Aventis SA climbed to 2.8 billion...
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