Business

Despite AuM Rises, Mutual Fund Fees to Fall by Almost 20% by 2025

The FINANCIAL -- In a new report entitled Asset & Wealth Management Revolution: Pressure on profitability, PwC predicts that fees will continue to fall up to 2025 as the Asset & Wealth Management industry faces sustained pressure from investors and ...

Russia: in January-September, the Seaports Shipped Over 42 mln Tonnes of Grains

The FINANCIAL -- In January-September of 2018, the seaports of Russia increased grain shipment volumes by 36.2% compared with the same period last year — to 42.7 mln tonnes, announced the ...

HeidelbergCement Partially Adapts Outlook for 2018

The FINANCIAL -- HeidelbergCement has made a new assessment of the current business year based on preliminary numbers for the third quarter ...

IFC Invests in Roojai to Expand Access to Digital Insurance in Thailand

The FINANCIAL -- IFC, a member of the World Bank Group, announced a $7 million Series A investment in Roojai Company Limited, an online car insurance platform in Thailand. The aim is to improve ...

Manton to Expand the FedEx Service Offering in Asia Pacific

The FINANCIAL -- FedEx Corp. announced that it has agreed to acquire Manton Air-Sea Pty Ltd, a leading provider of logistics services, including freight forwarding and customs brokerage ...

Amman’s Citizens to Get Better Waste Collection Services

The FINANCIAL -- Addressing an urgent challenge for the citizens of Amman, the EBRD and the UK Department for International Development are financing a new cell at the Ghabawi landfill, the main ...

Amazon Expands Grocery Delivery And Pickup

The FINANCIAL -- Amazon and Whole Foods Market launched delivery of natural and organic products from Whole Foods Market through Prime Now in Albuquerque, Birmingham, Boise, Charleston, Colorado ...

Philip Morris International Launches Next Generation of IQOS

The FINANCIAL -- In its passion and drive to provide better choices to people who smoke, Philip Morris International Inc., one of the global leaders in smoke-free innovation and science, has launched ...

Boeing Board Approves Quarterly Dividend

The FINANCIAL -- Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors declared a regular quarterly dividend of one dollar and seventy-one cents ...

UK Must Do More to Address Ageing Population

The FINANCIAL -- Ageing populations continue to pose a challenge to governments worldwide, with policymakers struggling to balance the twin goals of delivering financial security for their retirees ...