Spanish Bank Santander Posts Jump in Profit in Q4 2014
Santander, the euro zone's biggest bank, has posted close to a 70 percent jump in fourth quarter profit from a year earlier, lifted by earnings from its lending business and as charges on soured loans fell. The Spanish bank said net profit was US$1.67 billion in the October-December period of last year - the first quarter under new CEO Ana Botin, who has shaken up the lender with management changes and recently bolstered capital through a cash call. The profits were slightly below the forecasted US$1.68-billion quarterly profit. Alongside other companies who also posted their results this month, Santander revised 2013 earnings downwards to reflect payments to deposit guarantee funds. Without that restatement, fourth quarter net profit would have risen just 37 percent.
Bibby Ship Management Appoints New Regional Managing Director
There are exciting times ahead for Bibby Ship Management with the recruitment of a new Regional Managing Director for the UK and Isle of Man, Andrew Rodden.
CRH to Buy Lafarge for US$7.3 Billion
Irish building supplies group CRH says it agreed to pay US$7.35 billion for assets Lafarge and Holcim were obliged to sell ahead of their planned merger.
Danfoss IXA : Sensing a Gap in the Market
The latest systems and sensors by Danfoss IXA both contribute towards cost efficiency and energy saving in the maritime industry.
Oracle OpenWorld
Oracle OpenWorld San Francisco is an annual business and technology conference for Oracle customers, prospective customers, and partners.
Foundation Pärnu Hospital : A Cornerstone for Healthcare
After two decades, Pärnu County now boasts one of the most significant hospitals in Estonia, Foundation Pärnu Hospital.
Lantech : The First Name in Secondary Packaging
Lantech has customer uptime, accessible customer support and the highest machine performance right at the heart of all it does.
Coromatic : The Evolution of Critical Facilities
Coromatic Group is the Nordic market leader safeguarding business continuity and providing robust critical facilities.
