Subsidiaries

The Yomiuri ShimbunJapan Post Bank Co. and Japan Post Insurance Co. are considering cutting their workforce by a total of about 1,700 people over the three years through fiscal 2020, The Yomiuri Shimbun has learned. The move is aimed at coping with difficulties in fund management amid extremely ...

Kitex Garments on Wednesday announced in its filing on BSE that it will form two new subsidiaries. The company will engage M/s KPMG in total implementation of the project. The company will also invest Rs400cr (Rs200cr each ) in these companies from internal accruals and borrowings. The new facilities ...

Ampco-Pittsburgh Corp. announced increased prices for its subsidiaries. Forged and cast-roll products for the steel and aluminum industries will increase 8 percent to 10 percent because of the cost of raw materials as well as increasing production costs due to growing demand, according to a news release ...

Stanley Opara. Shareholders of United Bank for Africa Plc have expressed satisfaction over the 2017 full-year financial performance of the bank and the increased dividend payout declared by the lender. They expressed their views at the 56th Annual General Meeting of the bank held in Lagos on Monday, ...

NHS Providers has hit back at Unison's accusations that wholly owned subsidiaries in the health service are “backdoor privatisation”. The union published results from a freedom of information exercise at the start of last week, which showed 15 NHS trusts had spent £3.2m on setting up wholly owned ...

And with a view toward finalizing the divorce, the Akron, Ohio-based power company announced Monday it has reached an agreement with the majority of the creditors of FirstEnergy Solutions and several other subsidiaries that operate coal and nuclear plants in Ohio and Pennsylvania, including the Bruce ...

Kentucky sues Johnson & Johnson, subsidiaries over opioid epidemic. Kentucky's attorney general said he was taking action "to make sure they pay for ravaging our communities." by Corky Siemaszko / Apr.18.2018 / 2:55 PM ET ...

On-line retailer Amazon's key Irish subsidiaries had mixed fortunes last year. accounts for both companies show. Amazon CS Ltd, the tech giant's Cork-based customer service operation, lost €3.3 million, while Amazon Data Services Ireland Ltd, which provides web-hosting to the group, earned €19 million.

American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK's exit from the European Union. The formation of the two new units provides clients certainty of uninterrupted UK and European insurance coverage ...