At Cisco, Wellingstein served as the vice president and business unit manager of Cisco's self optimized networks business unit.
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In December, VMware created a new business unit called Modern Applications Platform Business Unit (MAPBU), and tapped then CTO Ray O'Farrell to lead it.
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Profits were up at Lockheed's Missiles and Fire Control business unit, as well as its Rotary and Mission Systems business unit, which makes Sikorsky helicopters.
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This new business unit, called the Modern Applications Platform Business Unit (MAPBU), is led by Ray O'Farrell, who who was previously the Chief Technology Officer at VMware.
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Six years later, Berkshire made Brooks a separate business unit.
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The main business unit driving mobile strategy is out of Japan.
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The business unit was doing well, but the employees were sad.
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Uber made Uber Freight a separate business unit in August 2018.
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YOU HAVE A GLOBAL BUSINESS UNIT YOU HAVE TEN OF THOSE.
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HE IS NOT REPORTING TO THE GBU THE GLOBAL BUSINESS UNIT.
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Lenovo, you may recall, bought IBM's commodity server business unit in 2014.
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Or at least that's what the business unit is trying to say.
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Tsinghua Unigroup did not answer emailed queries about the new business unit.
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From its relatively smaller international business unit, net income rose 23.2 percent.
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A fifth business unit will also be transferred before the deal's conclusion.
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SAN FRANCISCO (Reuters) - EBay Enterprise, once a business unit of eBay (EBAY.
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Michael Trufant is a business unit manager at Industrial Markets, Aeroflow Healthcare.
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Cylance will remain a separate business unit within Blackberry, according to the company.
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"In addition, we are putting every single business unit under scrutiny," he said.
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F: Philips had historically built factories for every business unit that we had.
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In June, Alibaba said the stores would operate as a standalone business unit.
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Then we dash off to a roundtable with Oracle's Global Business Unit customers.
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Expenses were mostly flat, even as revenues grew in every major business unit.
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Netto, 38, is a strategic business unit manager at New Balance in Boston.
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Cylance will operate as a separate business unit within BlackBerry, the company said.
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GM is setting up a separate business unit, Maven, to focus on ride-sharing.
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He was running a chemicals business unit of a biotech company in San Francisco.
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And we -- every single business unit in our business is run by a partner.
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This business unit recorded a strong 33% CAGR in assets under management since 2015.
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The treatment is part of the pain therapies business unit, which had been dragging.
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Wesfarmers said, subject to completion, Catch Group will operate as an independent business unit.
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They are a model where basically every business unit has to justify ... Its existence.
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Mr. Ostrum's business unit scored average or above average on most measures — except one.
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But yeah, we'll be profitable this year as a team, as a business unit.
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The largest business unit is Latin America, which will be led by Justo Fuentes.
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But for now, Intel was able to present 9 percent growth in the business unit.
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In 2017, he launched the subsidiary business unit Remo Security Doors, which makes the door.
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In 2012, Berkshire made Brooks a separate business unit—with Weber reporting directly to Buffett.
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Here is what its results look like when we break them down by business unit.
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The company also appointed Joseph Ciaffoni as president of its U.S. Branded Pharmaceuticals business unit.
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Why it matters: Debuted two years ago, Xchange Leasing has been a controversial business unit.
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Reports said Hitachi, Canon and Sony are also among interested parties eyeing the business unit.
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Tanja Rueckert is president of the Business Unit IoT and Digital Supply Chain at SAP.
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The move suggests that AI is now important enough to form its own business unit.
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In the third quarter, this business unit accounted for 12.5 percent of Square's adjusted revenue.
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Fiber was designed to operate as an autonomous business unit insulated from the remainder of Google.
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Volvo announced that it's joining other automakers in creating a business unit devoted to car sharing.
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IPad growth is important for Apple, even though it has become the company's smallest business unit.
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Cylance will continue to operate as a separate business unit after the deal closes, BlackBerry said.
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Assuming the deal closes, Promontory is expected to continue to operate as its own business unit.
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In 2012, Berkshire made Brooks a separate business unit, thus Weber now reports directly to Buffett.
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G Suite, part of the Google Cloud business unit, represents an important part of that strategy.
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The LVMH business unit that includes Sephora grew organic sales by 13 per cent last year.
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Yet another cofounder of Oculus, the Facebook-owned virtual reality business unit, is leaving the company.
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And while the business unit was still loss making, those losses narrowed and the margins improved.
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New York-listed Alibaba declined to comment on whether the business unit had developed the app.
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The business unit brings in no meaningful revenue for Uber, which last year lost $3.03 billion.
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Google, the main business unit of Alphabet, made a rare direct investment in Avere last year.
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This is a calculated strategy, according to Brandon Williams, the global business unit manager at Saucony Originals.
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However, the company's Video business unit, saw full year revenue fall 5.5 percent to 1.31 billion euros.
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Min is part of Alibaba Cloud, which the company refers to as its most promising business unit.
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The News Feed is more than just Facebook's core consumer product — it's the company's core business unit.
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The company has more than 40 openings for the business unit, according to the Facebook careers website.
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Twenty to 30 years ago, work that was done in the business unit had a technical limitation.
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Serco also added 7.7% after saying it would buy U.S. Navy supplier Alion's Naval Systems Business Unit.
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A business unit called Venturing & Emerging Brands, or VEB, is trying to find other promising new drinks.
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It is, he pointed out, an entirely new business unit for the company — one they're taking seriously.
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Zalora raised over $200 million from investors prior to becoming a GFG business unit in November 2014.
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To be sure, the business unit that so many investors are betting on is still generating losses.
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But, if it does, it'll be doing so without the head of its fastest-growing business unit.
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Margins were also strong at Lockheed's Rotary and Mission Systems business unit, which makes ships and helicopters.
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The business unit, which was officially established last April, is investing heavily in drones, robotics and automation.
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Those products will complement a business unit of Siemens focused on product lifecycle management software, the person added.
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BlackBerry intends to use the acquisition to help expand its business unit which makes software for autonomous cars.
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|
When Xiaomi listed in July 2018, executives touted the business unit as key to the company's continued growth.
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The specialty-prescribing space is a key focus area for Veradigm, our payer and life sciences business unit.
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In her new role, Lake will gain more direct experience in running a business unit within J.P. Morgan.
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Blackstone, controlled by "China whisperer" Stephen Schwarzman, bought control of the Thomson Reuters information business unit in October.
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Uber Freight, a business unit that helps truck drivers connect with shipping companies, is unaffected by this decision.
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Facebook has installed former Samsung mobile business unit director, Digs Dimagiba, at the helm of the new office.
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|
Together, the trio pitched their idea for a logistics business unit within Uber to then CEO Travis Kalanick.
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Oracle said that together Primavera and Textura will form a new global business unit, Oracle Engineering and Construction.
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|
Sales Solutions is not LinkedIn's biggest business unit (that honor goes to Talent Solutions, aka its recruitment business).
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"Demand is gigantic," Andreas Schierenbeck, chief executive of Thyssenkrupp Elevator, the group's most profitable business unit, told Reuters.
|
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Credit impairment charges jumped 20 percent to A$449 million, hurting every business unit except for New Zealand.
|
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The self-driving business unit brings in no meaningful revenue for Uber, which last year lost $3.03 billion.
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Each business unit was assigned specific responsibilities, and the sum of all parts added up to the whole.
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With 319.9 billion JPY ($3.2 billion) generated from the quarter, it was again Sony's top performing business unit.
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The project to list the business unit, Pactera, had failed to meet the bank's internal due-diligence requirements.
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The service is offered by Oi's business-to-business unit, Oi Solucoes, which has over 57,000 corporate customers.
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Fitbit's health solutions business unit currently represents less than 10 percent of the company's overall revenue, Pelligrini said.
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"We're organized by business unit, like Cash, Caviar, Seller, Capital...and a lead/CEO for each," he replied.
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Uber Freight, a business unit that helps truck drivers connect with shipping companies, is unaffected by the decision.
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B/E Aerospace business will operate as a new business unit called interior systems within Rockwell, the company said.
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VCA will operate as a separate business unit within Mars Petcare, the biggest pet food maker in the world.
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The news comes amid several big changes in that business unit itself, and more in the broader telecom industry.
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Tracking exactly how much of the power a business unit consumes comes from coal, say, is not always straightforward.
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The business unit has expanded threefold in the past 15 months and has offices in San Francisco and Chicago.
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Earlier this month, Alphabet's Verily business unit had its wearable device approved by the FDA for tracking heart health.
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|
Steve Rosenberg is the Senior Vice President and General Manager of the Health Sciences Global Business Unit at Oracle.
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|
Alibaba is bringing its cloud computing business into India as it continues to expand its fast-growing business unit.
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|
The loss relates to the acquisition of Chicago Bridge & Iron's (CB&I) nuclear business unit in October last year.
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|
Also, before the EMC merger, the regional teams reported into regional sales, while I reported into the business unit.
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He began as a co-president of Disney Interactive, then a stand-alone business unit consisting of gaming, Disney.
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|
Jany is being replaced by Stephan Lynen, currently the head of the Muttenz-based chemicals maker's additives business unit.
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|
Marion Leslie will join SIX as head of the financial information business unit as of the start of 2020.
|
|
Among other important benefits, common guidelines help embody business unit leaders to champion the projects within their own departments.
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|
Maris is one of several top executives who have departed Alphabet, which also includes Google's powerful search business unit.
|
|
"Restoring outperformance in our health (business unit) remains our top priority," outgoing Chief Executive Rakesh Kapoor said in a statement.
|
|
Suncor had 12,837 employees at the end of 2016, including more than 6,000 people in its oil sands business unit.
|
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Intel's business unit that sells modem chips to connect Apple Inc's iPhones to wireless data networks was a growth spot.
|
|
Revenue from its productivity and business unit, which includes the Office 365 service, was up 24.7 percent to $8.95 billion.
|
|
Tom Frost, current senior vice president of iRobot's Defense & Security business unit, will serve as President of the new venture.
|
|
Teppo Paavola, head of BBVA's New Digital Business unit and a former executive at PayPal, makes no apologies for that.
|
|
At least one division of G.E., whose asset management business unit led the current $16 million round, is a customer.
|
|
The company also reported 20% growth in its business unit that licenses software and other technology to other financial companies.
|
|
OMW has indicated that it is reviewing its ownership of the Old Mutual Global Investors Single Strategy business unit (OMGISS).
|
|
Liz Mascolo, the business unit director at General Mills, defines optimism as being able to focus on a positive outcome.
|
|
Amazon has a business unit called Amazon Web Services of which Amazon, the retailer, is one of its largest customers.
|
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Microsoft announced on Thursday in its earnings that its cloud business unit, called intelligent cloud, generated $11.4 billion in revenue.
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|
This is a contributed article by Tanja Rueckert, president of the Business Unit IoT and Digital Supply Chain at SAP.
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|
Sohn said the Autonomous/ADAS business unit will absorb hundreds of engineers Samsung already has working on autonomous driving technologies.
|
|
"We are creating a dedicated business unit" for Google Cloud, CVK Vijayakumar, CEO and president of HCL, told Business Insider.
|
|
Startups "need to get your core business unit economics right before you try to start scaling the business," he said.
|
|
"Every business unit is currently discussing where to shift jobs, they won't all go to one location," one source said.
|
|
Although the series can sometimes feel like an infomercial, it exposes the hardships, doubts and failures behind this business unit.
|
|
In July, Ford said it would create a new business unit, Ford Autonomous Vehicles, to house its self-driving vehicle operations.
|
|
It said the acquisition of Alion's Naval Systems Business Unit would boost earnings from 2020, prompting Serco's shares to rise 9%.
|
|
Bassily led the global transition management business unit of ConvergEx Execution Solutions LLC before being fired in 2013, the SEC said.
|
|
Shi, now president of Huawei's software business unit, hung up the phone when Reuters asked him about his relationship with Skycom.
|
|
Previously, Gaurav was at EMC where he drove new growth initiatives and product portfolio management for EMC's largest business unit, Symmetrix.
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|
We make sure that our business unit in Japan sees all of this so that they're knowledgeable about the global market.
|
|
Alicloud, which is known as Aliyun, is Alibaba's fastest growing business unit, having reported six successive quarters of triple digit growth.
|
|
The British investment manager for the Railways Pension Scheme, named Paul Sturgess managing director of pensions business unit, effective from January.
|
|
LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.
|
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The group's mission is to push AI adoption across business unit by explaining the advantages, including faster scale at less cost.
|
|
CNBC reported in April the company had shelved a plan to sell drugs directly to hospitals through its Amazon Business unit.
|
|
The company also said it would create a standalone business unit, called Telstra InfraCo, that will include Telstra's fixed network infrastructure.
|
|
Former AWS title: Vice president of AWS Storage ServicesAlyssa Henry is now general manager and head of Square's Seller business unit.
|
|
"I'm happy the U.S. government is pushing the regulation," said Lars Reger, chief technology officer of NXP Semiconductor's automotive business unit.
|
|
It was a business unit called syndication, where they would produce commercials, and in return take airtime as a barter arrangement.
|
|
The units include a pharmacy and business unit so people can fill prescriptions, cash checks, pay bills and access an ATM.
|
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Reuters added:Shi, now president of Huawei's software business unit, hung up the phone when Reuters asked him about his relationship with Skycom.
|
|
Lee Greer, who was Chief Marketing Officer at Jason's Deli, joined Chowbotics as Vice President of its Off-Premise Kitchen Business Unit.
|
|
None of the business unit heads in place when Kraft and Heinz merged are in the same role, and many have left.
|
|
Kronauge, who has been with Atlanta-based Coca-Cola for over 20 years, headed the company's sparkling business unit in North America.
|
|
Usiminas is considering selling all or part of Usiminas Mecânica SA, a business unit that produces customized steel products for industrial clients.
|
|
After all, Google is actually rebranded Alphabet nowadays — and it has a business unit for just about every letter of the alphabet.
|
|
Uber Freight, which spun out of Uber to become its own business unit in 2018, has offices in San Francisco and Chicago.
|
|
The business unit also announced in late January that it would lay off seven percent of its workforce, or about 800 employees.
|
|
The deal will see Samsung's Printing Business Unit spun out independently, with HP picking up full 100 percent ownership in the business.
|
|
YouTube TV, which costs $40 a month and is owned by Alphabet's Google business unit, allows households to share passwords, with limits.
|
|
The business unit became profitable in the quarter with adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 423 million roubles.
|
|
Honeywell will also relocate the headquarters of its safety and productivity solutions (SPS) business unit to Charlotte from Fort Mill, South Carolina.
|
|
The operator's Tianyi cloud storage business unit has taken the reins for iCloud China, according to a WeChat post from China Telecom.
|
|
Statoil's Brazilian operations will become a separate business unit headed by Margareth Oevrum, the company's current head of technology, project and drilling.
|
|
The operating margins at Amazon Web Services, the company's most profitable business unit, also expanded 1 percentage point from the previous quarter.
|
|
To move from simply producing data toward deriving value from it, companies should establish a data SWAT team within every business unit.
|
|
Etihad said the leisure operations of Air Berlin group would continue to operate as a separate business unit under the Niki brand.
|
|
In July, Ford said it would create a new business unit, Ford Autonomous Vehicles LLC, to house its self-driving vehicle operations.
|
|
Sweden-based home retailer IKEA is collecting its various smart home efforts into a single new business unit, according to The Verge.
|
|
The charge came nearly four months after the former chief information officer of an Equifax business unit was accused of similar charges.
|
|
Uber has dedicated more resources to the trucking platform since August 2018 when Uber Freight spun out as a separate business unit.
|
|
Following the row the firm, which has denied any wrongdoing, has been considering selling some or all of its investment business unit.
|
|
Sun Life, the $20 billion global insurance giant, is one investor in that Series A round via its Hong Kong business unit.
|
|
Aetna will operate as a stand-alone business unit within the larger company, led by members of the insurer's current management team.
|
|
Dell is nearing a deal to sell its IT services business unit to the Japanese telecom giant NTT for about $3.5 billion.
|
|
When the drugs are ready to launch, their responsibility will transfer to Anne White, who leads the oncology business unit at Lilly.
|
|
Martin Casado, senior vice president and general manager of its fast-growing networking and security business unit, also recently left the company.
|
|
Sonic, which has more than 3,500 restaurants and $4.4 billion in system sales, will be operated as its own separate business unit.
|
|
The company also announced the sale of its direct business-to-business unit to Daisy Group for 175 million pounds on Thursday.
|
|
VCA will still operate as a separate business unit under Mars Petcare, which already used VCA's lab services in its veterinary businesses.
|
|
Google then formed Access, the business unit that now houses Fiber, in 2006, to tackle what they saw as a potentially serious threat.
|
|
Instead, he said the bank's decision was about having a more coordinated public policy approach, rather than each business unit operating somewhat independently.
|
|
Revenue from the firm's core e-commerce business unit increased 47 percent to 31.57 billion yuan, above the previous quarter's 45 percent rise.
|
|
Uber Freight, the newly spun-out business unit that helps truck drivers connect with shipping companies, recently announced it was expanding into Europe.
|
|
Separating the transmission business unit into a separate state-owned company could take up to 60 months, the presentation seen by Reuters said.
|
|
"This is going to make a lot of lives easier," said Heidi O'Neill, head of Nike Direct, Nike's direct-to-consumer business unit.
|
|
In Microsoft's third business unit, which includes Office and its Office 365 subscription service, Microsoft had $7.4 billion in revenue, up 10 percent.
|
|
Part of that has to do with the fact that its AWS business is both its fastest growing and most profitable business unit.
|
|
I was supposed to be a "business unit general manager," but there were no business units and therefore I had nothing to manage.
|
|
He cited as an example the scrapped public listing for Budweiser Brewing Company APAC — which is Anheuser-Busch InBev's Asia-Pacific business unit.
|
|
Maersk Line, the group's biggest business unit, reported a loss of $151 million while expectations had been for a loss of $67 million.
|
|
Teck said its steelmaking coal business unit produced 6.8 million tonnes in the second quarter, compared with 6.7 million tonnes a year ago.
|
|
Right now, those figures are reported within a larger Cognitive business unit that include software for analyzing data as well as security software.
|
|
"I don't think federal agencies are investing in AI enough," said Ian Buck, vice president of technology company NVIDIA's accelerated computing business unit.
|
|
Therefore, on quarterly reports, several companies either don't break space out as a separate business unit or include it within its aerospace business.
|
|
The head of one business unit "took everything I created and presented it to the board," without giving any credit, another woman said.
|
|
Last year Goldman formed a business unit for that purpose — the consumer and commercial banking division — and appointed Mr Scherr to run it.
|
|
Ford said the $180 million cost, which will be incurred by its North America business unit, will be taken in the second quarter.
|
|
Ms. Tobias, 29, is a senior strategy analyst in the defense, space and security business unit, in Arlington, Va., of the Boeing Company.
|
|
The company sees demand for this kind of autonomous technology use growing, and decided to establish an entire business unit to address it.
|
|
Ali Akbar, the director of sparkling beverages for the Middle East and North Africa business unit, received the Celebrate Failure Award in 2018.
|
|
When Nest bought Senosis, which turns smartphones into health monitoring devices, it was still an independent business unit of Google parent company Alphabet.
|
|
Maxim also reorganized all of these various products into one business unit so there would be less confusion about where the innovation is occurring.
|
|
In other words, it's not losing money on subscriptions, but the business unit isn't necessarily profitable when you take overhead and debt into account.
|
|
It expects group sales growth of 3-5 percent, and an operating margin of 14 to 14.5 percent in its core consumer business unit.
|
|
Uber Freight, the newly spun out Uber business unit that helps truck drivers connect with shipping companies, is kicking off its global expansion plans.
|
|
"This data really surpasses our pre-defined threshold of a 20 percent expression," said Louise Rodino-Klapac, who leads Sarepta's gene therapy business unit.
|
|
Martin Bahner spent over 20 years in the corporate world, the last eight as a business unit leader with Siemens, the German engineering giant.
|
|
Chen's appointment comes as Ford restructures operations worldwide, and its China business will now become stand-alone business unit, reporting directly to global headquarters.
|
|
LetterOne's business unit L1 Technology had offered in October last year to pour up to $4 billion into Oi if it merged with TIM.
|
|
Khosrowshahi took the reigns of Expedia in 220, when it was spun out from IAC, where he had previously led its travel business unit.
|
|
Ifrs operating profit: mid-single digit growth in medium term * cash: £7bn cumulative business unit remittances over period 2016-18 * Aviva's fundamentals are sound.
|
|
Though its operates as a separate business unit from Amazon, the retailer leverages Audible's programming to serve as another perk for Amazon Prime subscribers.
|
|
An additional driver of results was stronger performance in the company's Fixed Income business unit across most product categories amid better industrywide trading conditions.
|
|
The value of the agreement will be partially reflected as patent licensing net sales in Nokia's "Technologies" business unit, and in its other segments.
|
|
US VP and General Manager, McDonald's Southern California Region, McDonald's USA Melendrez-Kumpf leads a $2.5 billion business unit, responsible for 775 McDonald's restaurants.
|
|
The company announced today that it will form a new business unit tasked with bringing PlayStation titles and IP to iOS and Android devices.
|
|
"We appreciate [Stollenwerck's] service leading the real estate business unit and wish him well in his future endeavors," Sears said in an emailed statement.
|
|
Just like for Amazon Web Services, these will be internal services modularized within the organization, allowing any business unit or service to access them.
|
|
IBM has invested billions of dollars in its Watson business unit, created at the start of 303, which now employs an estimated 230,2160 workers.
|
|
All that are in this world of broadband intelligence that we have now acquired for Ookla, that are part of the Ookla business unit.
|
|
"What keeps me awake at night are these," Amy Adcox, general manager of Republic Services Plano business unit, says as she waggles her phone.
|
|
According to an internal memo obtained by Ashley Stewart, Microsoft is merging its Windows group and its hardware group into one unified business unit.
|
|
GE is steadily decreasing the size of the business unit, planning to trim GE Capital assets by $25 billion before the end of 2019.
|
|
Baiget is currently business president of Dow's Industrial Solutions business unit and will take over the reins at the Danish firm from February 2020.
|
|
Kuhn's appointment as the vice president of Elevate's digital strategy and solutions business unit was announced in a statement from the company on Thursday.
|
|
Taher Behbehani, head of the mobile business-to-business unit for Samsung Electronics America, said the device is rugged but designed to look sleek.
|
|
Habana will remain an independent business unit and will continue to be led by its current management team, reporting to Intel's data platforms group.
|
|
This includes not just C-level folks, but the corporate development team and ideally some line-of-business people, such as business unit managers.
|
|
The question "How can we optimize growth in our retail business unit?" might lead to decisions that jeopardize pricing in business-to-business sales.
|
|
The deal sees DNAFit CEO Avi Lasarow becomes CEO of Prenetics International, a newly formed business unit, with Yeung CEO of parent company Prenetics Group.
|
|
Adoption across multiple business units within the enterprise: It's one thing to have an app that makes everyone in a specific business unit breathe easy.
|
|
She added that the same team will continue to function as a business unit of Broadcom until the deal closes between Broadcom and Thoma Bravo.
|
|
Boeing Global Services is a new business unit to be formed from the customer services groups within the company's existing commercial airplanes and defense units.
|
|
What decision best satisfies your user's needs, is good for the business (overall, not just for your sub-team or business unit), and technically sound?
|
|
The group's business unit that sells sensors to the smartphone industry was particularly affected, with net revenues slumping by 44 percent from the previous quarter.
|
|
Also, the SEC had shown interest in some business deals made by Ericsson's business unit Microwave Systems, which was divested in 2006, the paper said.
|
|
Zafar's LinkedIn profile states he is currently the "Global Head of iBooks at Apple," with "general management responsibility for Apple's global digital books business unit."
|
|
Casado is the senior VP and head of VMware's NSX business unit, the business that's now on track to do $600 million in annual revenue.
|
|
Beiersdorf confirmed its guidance for 2019 group sales growth of 3-5%, and an operating margin of 14-14.5% in its core consumer business unit.
|
|
Umbel will be represented on the executive team as well, with CFO Iser Cukierman becoming the overall CFO and manager of the Umbel business unit.
|
|
The group's business unit that sells sensors to the smartphone industry was particularly affected, with net revenue slumping by 44 percent from the previous quarter.
|
|
NWR's main business unit filed for insolvency on Tuesday after failing to secure government aid, but could still agree a reorganisation plan to stay afloat.
|
|
"They're going to have to get this pork from somewhere," said Williams, who formerly led export sales and futures trading for Cargill's meat business unit.
|
|
"It's a big step forward in the hearable category," Anthony Murray, Senior Vice President and General Manager of Qualcomm's Voice & Music business unit, told Gizmodo.
|
|
Google said it made enough progress with Ara that it is spinning it out of its advanced projects team and into its own business unit.
|
|
The announcement from the global energy investor – a business unit of GE – came earlier this week, at the American Wind Energy Association's Windpower 2017 conference.
|
|
The relatively young business unit is already doing a lot, from HD mapping, to better wireless connectivity standards, to human machine interaction models, and beyond.
|
|
Furthermore, the self-driving unit at Google X, a special projects research and development unit, might get moved into a separate business unit under Alphabet.
|
|
Samsung's network business unit employs roughly 5,000 people, according to a government official in the southern city of Gumi where Samsung operates its manufacturing plants.
|
|
Previously, she was chief marketing officer of Bacardi Limited, and EVP of the savoury business unit at Unilever, where she worked for over 20 years.
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TMHD estimates its insurance premiums and business unit profits from the US markets at about 62% and 82%, respectively, of TMHD's international total in FYE17.
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Caruthers, who works as a business unit coordinator for Simple Global in Delaware, said the experience staying in a house doubled as a company retreat.
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Nestle said it would manage some areas of infant nutrition globally via a "strategic business unit" for innovation, quality management, compliance and global manufacturing capacity.
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Less than two weeks before, on December 15, 2015, IBM announced the opening of a new headquarters for its Watson Internet of Things business unit.
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Apple's wearables, home, and accessories business unit, which includes its AirPods and the Apple Watch, is outpacing the iPad and catching up to the Mac.
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Fran Rosch, executive vice president of Norton Business Unit, said that Symantec had dabbled in identity security but had nowhere near Lifelock's 4.4 million members.
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TalkTalk scrapped the sale of its direct business-to-business unit to Daisy Group last month, a transaction that would have raised 175 million pounds.
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The deal was announced on August 1, and it will see Didi — the ride-hailing leader in China — fully acquire Uber's business unit in China.
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Net income from Scotiabank's Canadian business fell 2.6 percent to C$1.07 billion, but it rose 23.2 percent from its relatively smaller international business unit.
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The parks are part of a business unit inside Disney that makes up 38 percent of its total revenues and 46 percent of its profits.
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Niantic was set up as an "autonomous business unit" — an early Google experiment, pre-dating Alphabet, in running projects at arm's length from the mothership.
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And we launched a new business — Taobao — which went on to become the most valuable business unit of Alibaba's vast $400 billion+ e-commerce empire.
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And under his theory, any business unit that was not either the leader or No. 2 in its market should be fixed, sold or closed.
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VCA will be part of Mars Petcare but will operate as a "distinct and separate business unit," the companies said in a statement on Monday.
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KBC Group's Czech Republic business unit, Csob Group and Ceska Posta concluded a 10-year partnership agreement that will come into force in January 2018.
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Falling Note 7-related orders could not only cut overall revenue for the component business unit, but also crimp prices of such parts, analysts said.
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The company is a consulting business unit of Marsh & McLennan Companies, and it is most known for its client assistance in the financial services sector.
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The group's U.S. businesses, put together under business unit Altice USA, saw their core operating profit jump by more than 20 percent in the quarter.
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Still, net sales for the F-23.25 business unit, Aeronautics, were up 2.633 percent from 22.63 due to increased production of the stealthy F-23.06.
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Instead, the business unit is expected to lose share of the market, which continues to be dominated by the two technology giants, the WSJ said.
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This week's $203 billion deal to take control of a big business unit from Breakingviews parent Thomson Reuters is a reminder of Blackstone's buyout roots.
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"The (GM) business unit directors will continue to report to me for the foreseeable future because that's where I believe the priority is," he said.
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By business unit, it said adhesives would grow 4 to 5 percent, laundry and home care around 2 percent and beauty care zero to 1 percent.
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It's IBM's most profitable business unit, with gross margins in the range of 85 percent, and its expectations for the year will be pretty closely watched.
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Since employees created perhaps millions of fake accounts, every major business unit of the bank has been subject to federal and state investigations, the Journal reported.
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Carbon Black's CEO, Patrick Morley, will run a security business unit that VMware is forming, and VMware will move some existing assets into it, Gelsinger said.
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As Mark Lohmeyer, VP of the VMware cloud platform business unit pointed out, it's only been a quarter since they made the original product generally available.
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The newly renamed PC & Smart Device Business Unit will be led by former Acer executive Gianfranco Lanci, who serves as Lenovo's president and chief operating officer.
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It is active in oil and gas EPC projects in the region and said the combination with ABB's business unit will help it access new markets.
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Works council chief Osterloh receives a salary equivalent to a business unit manager at Volkswagen, which is below that of a management board member, it said.
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"Everybody is nervous," said a 36-year old engineer in Huawei's consumer business unit who declined to be identified due to the sensitivity of the issue.
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This job, which involves striving to reach sales targets for a business unit and working closely with executives, can pay $77,755 to $2116,2507, depending on experience.
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Samsung Electronics said on Friday it expects a nearly 50 percent annual jump in first-quarter operating profit but did not breakout performance by business unit.
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Beiersdorf confirmed its guidance for 2019 for group sales growth of 3-5%, and an operating margin of 14-14.5% in its core consumer business unit.
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Hero has created the Emerging Mobility business unit to give an impetus to new mobility trends such as Electric Vehicles, the company said in a statement.
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The CDO can't enable the company to do more things on mobile because the company hasn't integrated data-sharing processes across functional or business unit silos.
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As part of its large-scale changes, the company plans to create a standalone business unit, called Telstra InfraCo, that will include Telstra's fixed network infrastructure.
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The bride, 27, is a service delivery manager in the global business unit of Oracle Utilities in Arlington, Va. She graduated from the University of Richmond.
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Alibaba said Friday it will acquire a cross-border e-commerce business unit, Kaola, from the Nasdaq-listed Chinese internet company NetEase for about $2 billion.
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Most recently, Faisal served as Senior Vice President and General Manager of Payer and Life Sciences Business Unit, one of the fastest growing markets for Allscripts.
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The Securities and Exchange Commission said $500 million of that settlement was for misleading investors about the success of its largest business unit, the Community Bank.
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On Tuesday, Microsoft and AT&T's business unit announced the pilot launch of their so-called "network edge compute" technology, an early outcome of the partnership.
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The deal is expected to close in the fourth quarter of this year, Express Scripts said, adding that eviCore would operate as a standalone business unit.
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Also, movie studios have generally fallen out of favor by their parent companies — they're fickle revenue beasts, often the least predictable business unit in the house.
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While every business unit has to manage their P&L, these decisions are being made to streamline resources and invest in opportunities that will help us grow.
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Janet Kong, currently head of trading analytics for the eastern hemisphere, will take over from Andy Milnes to head the business unit later this year, they said.
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The biomaterials business unit will move to DuPont's non-core segment from June 1, the company said, adding the impairment does not impact DuPont's fiscal 2019 guidance.
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A business unit called Nestlé Health Science, for example, sells nutritional products for medical needs, such as vitamin-packed drinks for the elderly and for cancer patients.
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Fletcher is expected to report an annual loss on Wednesday compared with a profit last year as cost overruns at its commercial business unit continue to weigh.
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Micron's compute and networking business unit (CNBU), which accounted for about 46 percent of the company's total fourth-quarter revenue, reported a 7 percent rise in revenue.
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Paul Hudson, currently AstraZeneca's North America head, will run the pharmaceuticals business, and Bruno Strigini, head of Novartis Oncology, will lead the newly created oncology business unit.
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On a company earnings call, executives noted that JD Logistics, JD's business unit which oversees warehousing and delivery for itself and other merchants, broke even during Q2.
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Alphabet, which includes YouTube as part of its Google business unit, had a free cash flow of $4.34 billion last quarter, according to its latest quarterly report.
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Baidu, the Chinese search giant, is spinning out its business unit responsible for utility apps and its mobile ad business to sharpen its focus on artificial intelligence.
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In December, right before it acquired Pivotal for $2.7 billion, VMware created a new business unit to house the developer software company and other teams at VMware.
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Under the deal, the companies said that Rockwell Collins and UTC's aerospace systems segment will be combined to create a new business unit named Collins Aerospace Systems.
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The company's Amsterdam-listed business unit Prosus (PROSY) will no longer try to buy Just Eat (JSTTY) after its offer lapsed, Prosus said in a statement Friday.
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Last year, Ranomics launched a new business unit called VariantFind, which helps create DNA libraries specifically for use by customers in synthetic biology and protein engineering industries.
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Here are some of the key highlights for the second quarter: Commerzbank expects higher revenues at the group level supported by its private and small business unit.
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The fresh business unit is now clocking a loss of roughly $50 million, down from a $150 million gain, people familiar with the results have told CNBC.
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It's part of a wider bet on Web video starting when it acquired UStream in January and used it as the backbone of a new video business unit.
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Staley said ServCo is probably the "most significant initiative happening at Barclays right now" as it will deliver services across the bank, rather than to each business unit.
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Old Mutual Wealth Life Assurance Company Limited We expect that the OMW business unit will operate as a standalone UK/European insurance business under a new holding company.
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Credit Profile Potentially Turning: ST's exit of its last major unprofitable business unit will largely be complete in 2017 following the restructuring of its set-top box business.
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Kakao, the Korean internet firm that operates the country's largest messaging app, is moving deeper into crypto after it revealed plans to launch a blockchain-focused business unit.
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Huawei set up its cloud business unit last year and is now trying to gain a firmer foothold in the domestic public cloud market, currently dominated by Alibaba.
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The company has never released a revenue figure for Dynamics, though the former head of Dynamics said publicly in 2015 that it was a $2 billion business unit.
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Alongside the acquisition, Baidu said that it has created a new business unit to house its Duer digital assistant and related products such as its augmented reality platform.
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Gonzalez also said that activity in Cemex's U.K. business unit has not yet dropped, despite the market panic after Britain's vote in June to leave the European Union.
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The bank, which is the holding firm's sole business unit, specialises in high-interest non-mortgage lending and credit cards, has operations in Norway, Sweden, Denmark and Finland.
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The firm added at least four new roles to its alternative business unit that will combine the sales and investment teams, according to an internal memo circulated Tuesday.
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Uber received interest from potential investors and could spin off its Advanced Technologies Group into a separate business unit with its own valuation and equity, FT reported on.ft.
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In the past year, it hired Brian Mullins, the former head of risk ops at Square, and Aaron Plante, former business unit leader for student loans at SoFi.
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"It's about bringing the resources of Google to bear to build the digital assistant ecosystem," says Nick Fox, a vice president in Google's Search and Assistant business unit.
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Its cloud business unit, called intelligent cloud, generated $11.4 billion in revenue, while the unit that includes Windows products, the Surface line, gaming, and search generated $11.3 billion.
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AND, YOU KNOW, AS MARK MENTIONED, WE'RE GOING TO CONTINUE TO OPERATE AETNA AS A SEPARATE BUSINESS UNIT, AND IT WILL BE LED BY MEMBERS OF MARK'S TEAM.
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The company attributed its 76 percent on-year increase in second-quarter operating income to increased sales in its memory business unit, which is due to be sold.
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The company isn't saying anything on that now, but it would be quite something if the business unit it set up in China went public before the mothership.
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Payment transactions on MercadoPago, its payments business unit, increased by 70 percent during 2018, totaling 389 million transactions and $18 billion of total payment volume, the company said.
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Remi El-Ouazzane recently joined Movidius from Texas Instruments where he served as vice president and worldwide general manager of the Open Multimedia Applications Platform (OMAP) Business Unit.
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Under the deal, the companies said the Rockwell Collins and United Technologies's aerospace systems segments will be combined to create a new business unit named Collins Aerospace Systems.
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The team divided the business unit into smaller groups and looked for differences in the patterns between those where people were satisfied and those where they were unhappy.
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Jasper's chief executive, Jahangir Mohammed, will stay on with Cisco and run a new Internet of Things Software Business unit once the deal closes in the third quarter.
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Chevron first announced plans in January 2016 to sell the stake in the business unit, which includes a 110,000-barrels-per-day refinery in Cape Town, South Africa.
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That's because the business unit — which includes the Square Capital lending-like business and payroll software business, among other products — serves at least two crucial functions at Square.
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The company, through its Amazon Business unit, will instead focus on selling less sensitive medical supplies to hospitals and smaller clinics, CNBC said, citing people familiar with the matter.
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The criminal hacking that was discovered on July 29 did not affect the customer databases hosted by the Equifax business unit that was the subject of the March event.
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After a two-year-plus pilot program between Philadelphia and InSinkErator, a business unit of Emerson, the city now requires in-sink food waste disposers in new residential construction.
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Their risks involved what the researchers called "career catapults," such as stepping up to help manage a company in bankruptcy or taking over a business unit that's performing poorly.
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"The revised guidance is due to the identification of additional estimated losses and downside risk in the Buildings and Interiors business unit of the Construction division," the statement said.
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Imagine the cameras taking people to Times Square, museums or other popular attractions, says Jeff Hopper, general manager of Intel Immersive Services, as the business unit is now known.
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Boeing Chairman, President and CEO Dennis Muilenburg also appointed Stanley Deal president and CEO of Boeing Global Services, a new business unit formed from different Boeing customer service groups.
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Many in the media and tech industry see Uber's decision to sell its Chinese business unit to rival Didi Chuxing as a failure for the U.S. ride-hailing giant.
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WASHINGTON, Oct 25 (Reuters) - Raytheon's Forcepoint business unit, a commercial-focused cybersecurity business, may not be a permanent part of the company, the CFO said on a conference call.
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Mehdi Hosseini, senior equity research analyst at Susquehanna Financial Group, wrote in a Monday note that weak smartphone industry demand was pressuring Samsung's display business unit, particularly OLED panels.
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Balaji Yelamanchili (above left), the former general manager and executive vice president of Symantec's enterprise security business unit, joins as a venture partner on the firm's enterprise software team.
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Schaeferkordt is leaving at her own request and will continue to be CEO of Mediengruppe RTL Deutschland, the group's largest business unit, RTL said in a statement on Wednesday.
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Uber has upped its focus on Southeast Asia lately, and it looks set to put more resources into the region following the sale of its Uber China business unit.
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TOKYO, Nov 5 (Reuters) - * Marubeni Chief Financial Officer Nobuhiro Yabe said on Tuesday that the Japanese trading house has no plan to sell its U.S. agri-business unit Gavilon.
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During UnitedHealth's third-quarter earnings call on Tuesday, Optum CEO Andrew Witty spelled out some examples of what the business unit looks like as UnitedHealth strives to expand it.
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Meanwhile, Apple's wearables, home, and accessories business unit, which includes its Apple Watch and AirPods, reported 54% revenue growth in its most recent quarter, with $6.5 billion in sales.
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Uber Freight, the Uber business unit that helps truck drivers connect with shipping companies, said Wednesday it's launching the app in Canada as part of its global expansion plan.
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Only a fraction of its customer base will get to sample the wares that the company has devoted a chunk of resources and a new business unit to produce.
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Huawei set up a cloud business unit last year in an attempt to get a share of the public cloud market in China, which is dominated by Alibaba Cloud.
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Transportation bottlenecks in the country have pushed prices of Canadian oil lower, hurting the company's energy business unit, while the U.S.-China trade dispute has roiled the commodities markets.
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The tech giant announced that it is creating a new AI business unit, the Microsoft AI and Research Group, which will be led by Microsoft Research EVP Harry Shum.
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The deal, which is expected to close in Q3 of this year, will see the CliQr team become a part of Cisco's Insieme business unit reporting to Prem Jain.
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Here plans to use the company's tech to provide indoor mapping services to businesses both for B2B and B2C use, as part of Here's Internet of Things business unit.
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BANGKOK, March 23 (Reuters) - Thai True Corporation Pcl expects its mobile business unit to turn profitable by 2017 after obtaining two 4G licenses, company Chief Executive Suphachai Chearavanont said.
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HPE's main business unit, the Enterprise Group posted revenue of $7 billion, up 7 percent from the same period a year ago, or 10 percent after accounting for currencies.
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Wesfarmers said that subject to completion, Catch Group will operate as an independent business unit under Ian Bailey, the managing director of Kmart Group, Wesfarmers' low-priced retail chain.
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Uber even developed a "new modalities " business unit dedicated to eventually making alternative types of urban transportation, such as bikes and scooters, available to its 75 million users worldwide.
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The bride's father is a business unit financial leader for Momentive Performance Materials in Tarrytown, N.Y. Her mother is a registered nurse and lactation consultant coordinator for Greenwich Hospital.
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Payless also hired Justo Fuentes, former president of BATA Latin America, to serve as CEO of its Latin American division, which is currently the company&aposs largest business unit.
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My immediate supervisor has an understanding of my work, but the head of the overall business unit, by his own admission, has almost no idea what I actually do.
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The "Other" business unit, which analysts say is almost entirely advertising, had almost $3.4 billion in revenue during the quarter, and more than $10 billion over the last year.
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As part of its drive, the group has established a new global "e-business unit" that Chief Executive Rakesh Kapoor says will help it deal better with customers like Amazon.
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Revenue from the intelligent-cloud business unit, which encompasses the Microsoft Azure cloud and other related products, was up 20% from the period a year ago, notching up $83 billion.
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The news was first revealed during an interview with Jorge Garduño, president of Coca-Cola's Japan business unit, about innovation in the country that was published on the company's website.
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They've worked with companies like Brandless, Opendoor, and Warby Parker, but they also have an internal business unit called 3Q Incubate to work with startups in their pre-launch phase.
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"RBS is investigating these reports, and in particular whether the relevant business unit of ABN Amro was part of the business acquired by RBS in 2007," the group's results revealed.
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In Q23.35 219.8, its mobile business unit saw its total revenue decline 2260 percent to 1703 billion JPY ($2170 billion), although operating revenue grew by 28.2 percent to $226.9 million.
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Kundra pointed out that as part of his responsibilities at Salesforce he built a business unit from scratch that included driving adoption for the company's Government Cloud and other verticals.
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Update: In the business unit that includes Office, revenue grew 5 percent to $7 billion, while the no-Office business cloud unit saw sales up 7 percent to $6.7 billion.
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Salvini, leader of the far-right League, pulled the plug on the government on Thursday, diluting that threat to a business unit which brings in a third Atlantia's core profit.
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Alstom lives on at home in France as a smaller group, and is trying to persuade European regulators to allow its last big business unit to be absorbed by Siemens.
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AT&T has said it would manage Time Warner's Turner cable television networks as part of a separate business unit until February 2019 or the conclusion of the government's appeal.
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The remaining parts of the mobile business unit will report to Xudong Chen and Aymar de Lencquesaing, who will serve as co-presidents, both reporting to Lenovo CEO Yang Yuanqing.
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It was developed by a largely unknown special projects team at Alibaba known as the "Y Projects Business Unit," which takes on development projects outside the company, said the people.
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"Thanks to numerous measures, the earnings position of the Lighting Solutions business unit has stabilized significantly, therefore allowing us to initiate an organised sales process," it said in a statement.
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Barton had started out at Microsoft, where, in the mid-nineties, while running the travel-business unit, he came up with the idea of selling airline tickets through the Internet.
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U.S. oil major Chevron said in January it planned to sell 75 percent of its South African business unit, which includes a 110,000-barrels-a-day refinery in Cape Town.
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The innovative medicines business will include biosimilars and a new hospital business unit, and together with the consumer healthcare business, will account for about three-quarters of the company's revenue.
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Mr. Brown (left), 36, is the director in charge of research in a business unit of KKR, the New York investment firm, where he identifies investment opportunities in developing countries.
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Productivity and Business Processes revenue – the business unit which includes Office products for businesses and customers, LinkedIn revenue and Dynamics products and cloud services – increased 13 percent to $11.1 billion.
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AB-Inbev, which has added four craft breweries globally over the past year, including Boxing Cat in China, said it had developed a business unit specifically to target craft beer.
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Google's parent company Alphabet, which includes YouTube as part of Google's business unit, said it had a free cash flow of $4.34 billion during its latest quarterly report in April.
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That volume does not include the financing for private equity firm Clayton, Dubilier & Rice's US$20143bn buyout of HD Supply Holding Inc's Waterworks business unit, which was announced June 6.
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Establishing the company's logistics operation as its own business unit will allow JD.com to speed up the development of its infrastructure and give it more flexibility to explore business opportunities.
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We've reported mixed results all year and, as a result, we missed our financial and Incentive Bonus Plan (IBP) targets for the company, and at the Business Unit (BU) level.
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To do this, Ikea announced that it will invest heavily in a new "Ikea Home smart" business unit with end-to-end responsibility for its burgeoning portfolio of smart devices.
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It was developed by a largely unknown special projects team at Alibaba known as the "Y Projects Business Unit", which takes on development projects outside the company, said the people.
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It requires a strong understanding of the enterprise and the needs of each individual business unit — as well as how they will be effected by the adoption of new tech.
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Lindsay Nelson, president of TripAdvisor's Core Experience business unit, told CNBC that the company has consumer trust but wants to build an emotional connection with its new creative agency, Mother.
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The Walt Disney Company is under fire after blacklisting the Los Angeles Times from advance film screenings in retribution for the newspaper's unfavorable coverage of the media giant's business unit.
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Nestle said it would create a "strategic business unit" to keep a global nutrition strategy that will manage global functions such as innovation, quality management, compliance and global manufacturing capacity.
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Sales in the biggest business unit, the Enterprise Group, rose 216 percent to $21.97 billion, but would have risen 21.95 percent after adjusting for the effects of currency exchange rates.
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A tracking stock tracks, or depends, on the financial performance of a specific business unit or operating division of a company, rather than the operations of the issuer as a whole.
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Meitu's $630 million initial public offering (IPO) was Hong Kong's biggest from the technology sector since the business-to-business unit of e-commerce firm Alibaba Group Holding Ltd in 2007.
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Additionally, the company announced an agreement with Global Knowledge, a leading provider of learning services and professional development solutions, to provide cloud business assessments through its Tech Data Cloud business unit.
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But in a world where good jobs increasingly require good math skills, that mind-set should no longer be acceptable, according to Rohit Agarwal, general manager of Amazon's Education business unit.
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Ola is locked in an intense battle with Uber, with the U.S. company diverting increased resources into India following the (impending) sale of its business unit in China in Didi Chuxing.
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Mid-cap outsourcing firm Serco jumped 8.2%, on course for its best day in more than five months, after saying it would buy U.S. Navy supplier Alion's Naval Systems Business Unit.
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Salvini, leader of the far-right League, pulled the plug on the government on Thursday, diluting that threat to a business unit which brings in a third of Atlantia's core profit.
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Adjusted net income of Scotiabank's Canadian banking business unit grew about 23% in the quarter ended April 30, while net income from its relatively smaller international banking division surged about 20%.
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Universal Music Group (UMG), Vivendi's biggest business unit by revenue, adjusted to new consumer habits in favour of streaming and paid subscriptions, and saw its profitability grow over the last year.
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This pressure was mitigated by strong volume growth and by higher non-interest income in these businesses, driven by a move towards fee-generating products and services in the business unit.
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The subscription makeup service Deck of Scarlet, a business unit of the subscription-based perfumerie ScentBird, is making the jump to the material retail world with a presence in Urban Outfitters.
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SIX H230 operating income — including the Cards business unit which is being continued in the strategic partnership with Worldline — rose 232 percent year on year to just over CHF 22016 billion.
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Such a security "tracks," or depends, on the financial performance of a specific business unit or operating division of a company rather than the operations of a company as a whole.
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Some companies may have a team of data scientists supporting business units, while others may prefer each business unit to have its own point person to work with the data department.
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Hurd was the operations guy, running sales, customer and technical support, business development, marketing, and —known as a cost-cutter — he kept watch over business unit revenue, a source tells us.
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"In the most affected business area, Extruded Solutions, production is now at 70-80 percent, except for the Building Systems business unit, where operations remain almost at a standstill," Hydro said.
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State Street said in a statement that it has been cooperating with the U.S. investigation, and has "significantly strengthened" the controls and reporting mechanisms within the U.K. business unit at issue.
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Our thought bubble: As a business unit, LinkedIn continues to cost Microsoft more than it brings in and its data and functionality have yet to be fully integrated into Microsoft's products.
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Hewlett Packard Enterprise surprised a lot of people yesterday with a massive deal to spin off its Enterprise Services business unit and merge it with IT services firm Computer Sciences Corp.
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Coty is exploring the sale of its business unit that houses brands such as Wella, Clairol and OPI as part of its plan to whittle down its portfolio and cut debt.
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The funds will help expand Ashmin's management and sales efforts and its Workover Solutions business unit, which rents tools to drillers and oil services companies, said EV Investment Director Espen Strom.
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LG Display is a distinct business unit within LG, and it provides OLED panels to a range of TV companies including Sony and Panasonic, in addition to its own parent company.
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For more, click on * DKSH said it signed an agreement to acquire specialty chemicals distributor Axieo, thereby expanding the geographical footprint of its Performance Materials Business Unit in the Pacific region.
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General Electric warned Wednesday that 2018 will be another challenging period for GE Power and could shape up to be an even worse year than expected for the embattled business unit.
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"Many of the things we enable you to do, you can do before 5G," Yvette Kanouff, general manager of Cisco's business unit for telecom service providers, told Reuters in an interview.
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The business unit, run by former Yahoo executive Jackie Reses, provides loans to merchants in exchange for a fixed cut of their daily sales until the loan is repaid in full.
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NGL, an operator of pipelines, barges and railcars, in early August said it had agreed to sell its TransMontaigne business unit and associated assets for roughly $300 million to an undisclosed buyer.
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On Friday, Thyssenkrupp said it planned to close parts of some production facilities at its heavy plate business unit but said it was not yet clear how many jobs would be affected.
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Salvini, leader of the far-right League, pulled the plug on the government on Thursday, diluting that threat to a business unit which brings in a third of the group's core profit.
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King said that while at CA, the Veracode business unit was focused on applications security exclusively and had a dedicated team carrying out product development as well as go to market functions.
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Still, mid-cap outsourcing firm Serco jumped 9%, on course for its best day in more than five months, after saying it would buy U.S. Navy supplier Alion's Naval Systems Business Unit.
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Uber Freight, the newly spun out Uber business unit, will push out an upgraded app in the coming weeks with better, more intuitive tools to help truck drivers connect with shipping companies.
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Shares of Mitsubishi Heavy closed up 234 percent, after Reuters reported, citing a local news agency, that Iran intends to buy 21 regional jets from a business unit belonging to the company.
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But there's precedent here since Tencent made a similar move last year when it broke off China Literature, its digital books business unit, and listed it in Hong Kong with some success.
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EMC's David Goulden, currently CEO of the information infrastructure division, its largest business unit, was named president of the Enterprise Systems Group, taking charge of servers, storage, networking converged infrastructure and solutions.
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Worldpay, which has provided payment processing services for more than 40 years, operated as a business unit of Fifth Third Bancorp until June 2009 when it separated as a stand-alone company.
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Lisa Herron, a postdoctoral research fellow at the University of Edinburgh's Roslin Institute and the head of the Avian Biopharming Business Unit, tells me that their new approach is a little different.
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While AdRoll is best known for its retargeting technology for consumer advertising, it's been building out a suite of B2B marketing technology under its RollWorks business unit, which launched earlier this year.
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The debut of the Dirt eBike follows the introduction of three other hybrid off-road products, including an ATV, all in an effort to build out its new Segway Powersports business unit.
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As a matter of fact, it was during those times where I actually instituted and started...the business unit dedicated with coming up with those edgy products and that's paying off today.
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"Having a revenue number tied to the CIO role is really horrible because it's a cost center," said Merling, referencing the strong likelihood that the business unit will not create new income.
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To avoid this outcome, the elder Lee cultivated a cadre of Samsung executives who were more loyal to Samsung as a whole — and to him personally — than to any specific business unit.
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The company, which went public with a London listing in June, also reported 4% growth in its UK-focussed Trainline for business unit which provides booking services for small and medium enterprises.
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The Innovative Medicines business will now also include biosimilars and a new hospital business unit, and together with the Consumer Healthcare business, will account for about three-quarters of the company's revenue.
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Revenue for Microsoft&aposs "Productivity and Business Processes" business unit, which includes Office products for businesses and customers, LinkedIn revenue and Dynamics products and cloud services, increased 17 percent to $11.8 billion.
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"The criminal hacking that was discovered on July 29 did not affect the customer databases hosted by the Equifax business unit that was the subject of the March event," the statement said.
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Today it launches the new Reuters Fact Check business unit and blog, announcing that it will become one of the third-party partners tasked with debunking lies spread on the social network.
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United Technologies announced plans on Monday to buy aircraft parts maker Rockwell Collins for $23 billion, combining the two firms' aerospace segments to create a new business unit called Collins Aerospace Systems.
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JOHANNESBURG, Oct 11 (Reuters) - South Africa's Denel is winding up its Aerostructures business unit as part of a long-term strategy to return to profitability, the state arms firm said on Friday.
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"The criminal hacking that was discovered on July 29 did not affect the customer databases hosted by the Equifax business unit that was the subject of the March event," the spokeswoman wrote.
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Osram said management had implemented a number of countermeasures to increase revenue, as well as structural measures at its Opto Semiconductors business unit to help it achieve its guidance for the year.
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"It turned out to be a little more complicated than we thought, but we did it," Mike Polacek, president of the intelligent audio business unit at Knowles, told Reuters in an interview.
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CAPE TOWN (Reuters) - U.S. oil major Chevron said on Thursday it plans to sell 75 percent of its South African business unit which includes a 110,000 barrel a day refinery in Cape Town.
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KEY RATING DRIVERS Old Mutual Plc Old Mutual's IDR is mainly driven by the credit quality of the Old Mutual Wealth (OMW) business unit, including its contribution to group hard-currency interest coverage.
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Last year, it registered its Chinese operations as an independent business unit that handles users' data locally, and to date, Chinese travelers have stayed at Airbnb listings 5.3 million times around the world.
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Revenue at its energy business unit rose 22% to C$255 million ($195.07 million), while that of its zinc operations gained marginally to C$13 million from C$884 million a year ago.
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Google is also switching status from a corporation to a limited liability company (LLC) — to reflect the new structure which sandboxes each business unit as a separate legal silo under the Alphabet parent.
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A big factor in exactly where Sony puts its price-point for the PS5 will be how much Microsoft decides to sell its Xbox Series X for, sources inside PlayStation's business unit said.
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That's also the case when it comes to still photos, says Dawn Airey, CEO of Getty Images, which on Tuesday is announcing a new dedicated VR business unit to its stock photography business.
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A bank may create either a separate entity for its sharia division (eg, BRIsyariah) or a "sharia business unit" (UUS) that uses the capital, branch networks and personnel of the parent (eg, Maybank).
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GM said it would implement some of the services around Express Drive by way of Maven, its new business unit that includes all the company's work on car ownership models of the future.
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Fancy taking over the finances at an Android smartphone maker that is bleeding money, struggling on the stock exchange, without a component business unit to absorb the losses, and generally out of shape?
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The company said third-quarter sales in its rotary and mission systems business unit jumped 211.55 percent to $210.06 billion, which included about $1.2 billion from sales of Sikorsky military and commercial helicopters.
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PRAGUE, May 3 (Reuters) - Czech hard coal miner New World Resources' (NWR) main business unit OKD has filed for insolvency with the aim to reorganise and maintain viable operations, OKD said on Tuesday.
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It's modeled after Japanese "chu-hi," a popular canned drink made with a distilled alcohol called shochu, carbonated water and flavoring, Coca-Cola Japan business unit president Jorge Garduño said in February 2018.
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"As our sole sugarcane ethanol operation in Brazil, this asset is too small for ADM to compete effectively in a challenging ethanol environment," said Chris Cuddy, president of ADM's corn processing business unit.
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Uber received interest from potential investors and could spin off its Advanced Technologies Group into a separate business unit with its own valuation and equity, FT reported, citing people familiar with the matter.
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A missed patch within a business unit at Equifax was responsible for the September breach, which revealed the personal information of more than 145 million people in the U.S., and millions more abroad.
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The firm said it will set up a new global business unit around its AI-powered services, including recommendation engine PopIn, keyboard app Simeji and other services in the U.S. and Southeast Asia.
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This summer Google CEO, Sundar Pichai, announced that its cloud business unit had an $8 billion annual revenue run rate, up from $4BN reported in early 2018, though still lagging Microsoft's Azure cloud.
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The set-up of a dedicated business unit in charge of reducing doubtful loans by EUR10bn in the next three years could ease some of the pressure resulting from its weak loan quality.
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DUBAI, Oct 22 (Reuters) - Emaar Properties said on Sunday it plans to sell a 20 percent stake in its property development business unit Emaar Development LLC next month in an initial public offering.
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McKenna moved to Walmart US in 2014, starting as chief development officer for its business unit before being promoted to executive vice president and chief operating officer of Walmart US just months later.
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News of the hiring appeared in a tweet from IBM's David Kenny, the former chairman and CEO of The Weather Company, and currently general manager of Big Blue's Watson cognitive-computing business unit.
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Rowley, who took over as vice present and president of the regional outfit on April 1, will be responsible for all operational leadership of the business unit, including acceleration of the European transformation strategy.
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Last year, it purchased contract and payment management platform Textura for $663 million and combined it with its own construction management software, called Primavera, to form the Oracle Construction and Engineering Global Business Unit.
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Storage giant EMC named a veteran from its executive ranks as the new president of VCE, its business unit that sells data center hardware that combines computing, storage and networking into a single product.
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"The impairment is of a technical nature as it is a function of it being performed at business unit and geographical level, and not the divisional level," the bank said in a press release.
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The company, which is in the process of finalizing its acquisition of Uber's business unit in China, today revealed that it has invested in a young startup called Ofo which lets people borrow bikes.
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Adobe acquired Behance in 2012 for more than $150 million in cash and stock, and Belsky stuck around for a little more than three years as a VP in charge of the business unit.
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For ADM, some of these changes also date back to 2015, when it created a new business unit, Wild Flavors and Specialty Ingredients, after it bought natural flavorings company Wild for about $3 billion.
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According to the SEC, Jun Ying, the CIO of an Equifax business unit and next in line to be the global CIO, received confidential information about the company's breach before the news was public.
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EDINBURGH, May 23 (Reuters) - British outsourcer Serco will buy Alion's Naval Systems Business Unit (NSBU), a provider of ship and submarine engineering services to the U.S. Navy, for $225 million, Serco said on Thursday.
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Martin Casado, a VMware executive and head of the software-defined networking business unit formerly known as Nicira, is leaving the company to become a general partner at the venture capital firm Andreessen Horowitz.
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Income from its global banking and market business unit, which includes trading in bonds and equities, fell 26 percent to C$335 million, as volatility in global stock markets kept investors on the sidelines.
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Microsoft's new hands-off approach to acquisitions has also been apparent in the case of LinkedIn, which still runs as an independent business unit two-and-a-half years after the $26 billion acquisition.
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Scott Sevcik, vice president of its manufacturing solutions business unit, told CNBC that the company had two core technologies within the additive manufacturing, or 3-D printing, environment: fused deposition modelling (FDM) and PolyJet.
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AT&T said in a letter to the DOJ Thursday it will take action to run Time Warner-owned Turner Broadcasting, which owns CNN, as a separate business unit from AT&T-owned DirecTV.
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Ikea's smart home investments to date have been smart but scattered – now the Swedish home goods brand says it's going to amp up its smart home bets with a brand new dedicated business unit.
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"We are committed to continuing to engage openly with our employees and the unions with a view to reaching a positive resolution," said Dave Stewart, chief executive for Wood Group's eastern region business unit.
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Earlier this year, Exxon pledged to reduce its methane emissions by 15 percent by 2020 and last year began an equipment upgrade at its XTO Energy shale business unit to cut emissions during production.
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This is Vestager's third veto this year, after she blocked Siemens' bid for Alstom, and German copper company Wieland-Werke AG to buy a business unit from Aurubis, Europe's biggest copper smelter, in February.
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The new business unit is helmed by the aptly-named Björn Block, and sits alongside Ikea of Sweden's ten other business units that include Lighting, Livingroom & Workspace, Textiles, Kitchen and Dining, and Ikea Food.
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Seeking to simplify the group's structure, HSBC said it would combine its retail banking and wealth management business unit with global private banking operations to create one of the world's largest wealth management businesses.
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I put a call out to Claire Wood, strategic business unit manager for global performance running at New Balance, to find out who's boo-hooed to her on the phone about a discontinued shoe.
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Currency, the company's largest business unit, was the driver of growth, benefiting from overspill contracts that bumped up banknotes volume by 9 percent to 7.1 billion and banknote paper by 6 percent to 10,000 tonnes.
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The firm, which has 18,000 employees in the U.S., plans to hire 16 apprentices the first year, primarily in its Mobility Solutions business unit, where trainees may work on projects such as automated driving technology.
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Intel's business unit that sells modem chips to connect Apple Inc's iPhones to wireless data networks was a growth spot, despite Intel's announcement last week that it would exit the market for 5G modem chips.
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Photo or whatever Samsung is making a big push into the nascent self-driving car market with a new $300 million fund and a dedicated business unit for developing autonomous technology, the company announced today.
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SHANGHAI (Reuters) - Chinese state-backed semiconductor conglomerate Tsinghua Unigroup said it has formed a new business unit for producing DRAM, a type of memory chip dominated by companies in South Korea and the United States.
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"We created this business unit a year ago, now I'm starting to look at opportunities outside," Patrick Gauthier, vice president of Amazon Payments, told CNBC in an interview at the Money 2020 conference in Copenhagen.
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In November, Amazon announced AWS Ground Station, a new business unit that will build 12 satellites facilities around the world to provide the vital link needed to transmit data to and from satellites in orbit.
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The company's 2009 acquisition of its iShares business from Barclays, for instance, brought BlackRock a business unit now responsible for a quarter of its "long-term" assets and the majority of such inflows this quarter.
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The company which lets out a portfolio of 2,600 properties in London, New York, Paris, Los Angeles and Rome, will remain an independent business unit within AccorHotels and will continue to be led by Marsh.
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The IPO will be a rare technology sector flotation in Hong Kong and the largest from the industry since the business-to-business unit of e-commerce giant Alibaba Group Holding went public in 2007.
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Ring-fencing Areva's liabilities will allow EDF, one of the main customers, to buy the healthy reactor construction and services business, while Areva's nuclear fuel business has been split off in a separate business unit.
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"High net worth individuals around the world enjoyed investment returns above 2174 percent for the second year in a row," Anirban Bose, head of Capgemini's financial services global strategic business unit, said in a statement.
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The latest job cuts follow the first stage of Rolls-Royce's management shake-up in mid-December, when East scrapped a two-divisional structure in favor of five business unit heads reporting directly to him.
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Tic * Business unit will be transferred for a consideration of 8.8 million euros ($9.41 million) in addition to the net working capital of the branch * Operation to be entirely financed with already available resources * Diete.
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Before that, he resigned from Chairman, and Boeing also replaced the executive of Boeing commercial airplanes, which is a business unit of Boeing company, the revenue of this unit accounts for 60% of Boeing's revenue.
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Amazon's business unit that primarily consists of advertising revenue registered another booming quarter this summer, growing to nearly $2.5 billion in sales during the three-month period, as Amazon announced yesterday in its third-quarter results.
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The current corporate structure at Rogers treats the team as a fully consolidated business unit, meaning that boosting spending to acquire top players would cut into the parent company's earnings, which are closely watched by investors.
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"We have used the WarmLine data to not only create training and educational programs but also used it to develop playbooks tailored to every business unit so leaders can understand their organization's top challenges," said Whye.
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Prior to joining Salesforce, Block served as Oracle's executive vice president of North America Sales and Consulting, leading a multi-billion dollar sales and services business unit that achieved record revenue and margin during his tenure.
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Revenue for Micron's mobile business unit was down 33% from the prior year due in part to lowered shipments to Huawei, Micron Chief Financial Officer David Zinsner said during the company's third quarter earnings call Tuesday.
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"Gigi is setting the standards of modern style across the world — her ability to fuse fashion and fitness together inspires people globally," Corinna Werkle, Reebok's general manager of the Training Business Unit, said in a statement.
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The acquisition is BlackBerry's largest ever and it is set to close before February 2019 — the end of BlackBerry's current financial year — and it will see Cylance operate as a separate business unit within BlackBerry's business.
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"Once closed, the acquisition of Bitfusion will bolster VMware's strategy of supporting AI- and ML-based workloads by virtualizing hardware accelerators," writes Krish Prasad, senior vice president and general manager of VMware's Cloud Platform Business Unit.
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In fact, Sansiri — one of Thailand's biggest developers — set up its international business unit in 2014 after seeing growing interest from foreign buyers, said Nanmanas Jiwattanakul, the company's assistant executive vice president of international business development.
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Michele Della Vigna, commodity equity business unit leader in EMEA for Goldman Sachs, told CNBC's Squawk Box Wednesday that "We think that the base case is just an extension" of the existing agreement to curb supply.
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At Salesforce, which is a founding member of Sherpa Foundry and one of the top five most active CVCs on the globe, each investment requires a business unit sponsor that commits to working with the startup.
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"It's very clear the Energy and Mineral Resources Ministry has received industry input and strengthened provisions to improve the competitiveness of this scheme," Chevron IndoAsia business unit director Chuck Taylor said, referring to gross split contracts.
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"We looked at where we are in our platforms, and our ability to take some of our proven technologies and apply it to COVID-19," explained Dr. Laura Saward, head of Emergent BioSolution's Therapeutics Business Unit.
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"Malignant pleural mesothelioma is a very difficult-to-treat tumor, and we had hoped for a better outcome for patients," said Robert LaCaze, executive vice president and head of the oncology strategic business unit at Bayer.
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An ex-IBM employee familiar with the process said executives from one business unit used it to decide about layoffs or other job changes for nearly a thousand workers, almost two-thirds of them over 50.
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The acquisition is the lynchpin of a plan by Big Blue to create a new business unit, IBM Cloud Video Services, that will combine Ustream with other recent acquisitions including Clearleap, which it bought last month.
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The European Commission also rejected a bid by German copper company Wieland-Werke AG to buy a business unit from Aurubis, Europe's biggest copper smelter, similarly arguing the deal could have pushed up prices for consumers.
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The results were hit by the negative impact of the Goldcar acquisition, a negative impact from strong organic growth of the company's existing Low Cost and Vans & Trucks business unit and an increase in digital & IT spending.
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Danske Bank, which confirmed the move but declined to comment further, said in November it had decided to establish a new business unit, Wealth Management, which will combine its pension savings and wealth and asset management businesses.
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It will win or die on Wall Street depending on whether it can convert its $15.3 billion purchase of Mobileye into a thriving business unit serving the needs of the soon to be massive autonomous vehicle industry.
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ADM will combine its grain trading and oilseeds segments into a new business unit called Ag Services & Oilseeds, effective July 1, in a move that analysts say could better streamline its North American operations and cut costs.
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The move follows a big departure at VMware last week as Martin Casado, senior VP and head of its fast-growing NSX business unit, left to join the venture capital firm Andreessen Horowitz as a general partner.
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What is it in your business unit that you think we could include in Prime as a way to drive more engagement, not only for your business, but to add to the flywheel of all things Amazon?
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"Kubernetes is emerging as an open framework for multi-cloud infrastructure that enables enterprise organizations to run modern applications," said Paul Fazzone, senior vice president and general manager, Cloud Native Apps Business Unit, VMware, in a statement.
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"There are several countries that are coming closer and closer to a procurement process and we are carefully working together with several of those countries," Joakim Mevius, head of the business unit for airborne ISR, told Reuters.
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OMEM remains a significant contributor to Old Mutual's earnings (around 244% of group business unit pre-tax operating profit in 3530) and therefore any material weakness in OMEM's credit quality could negatively weigh on Old Mutual's ratings.
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According to security journalist Brian Krebs, the data was stolen from Verizon Enterprise Solutions, a Verizon business unit that provides IT services to major companies, and which itself is often tasked with responding to large data breaches.
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The company's wearables business unit which includes products like the Apple Watch and the wireless AirPods ear buds as well as unspecified "accessories," is now nearly as big as Apple's Mac business, the company revealed on Wednesday.
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"A significant drop in average prices in the Potash and Magnesium Products business unit, as well as sales volumes slightly below those of the previous year is anticipated," the German company said in a statement on Thursday.
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In practice, this means that when faced with compliance warnings over a certain transaction, counterparty, company or client, the leadership of a business unit will take those recommendations on board and more than likely heed the advice.
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Apple&aposs wearables, home, and accessories division, the business unit that encompasses its audio products, has been growing rapidly and is now a $10 billion business, as Apple revealed in its fiscal first-quarter earnings on Tuesday.
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"With our technology and expertise, Fujitsu will show leadership in providing solutions for overcoming any barriers to disseminating renewable energy, such as cost," Hideyuki Kanemitsu, head of the Responsible Business Unit at Fujitsu, said in a statement.
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In November 2019, the company announced AWS Ground Station, a new business unit that will build 12 satellite facilities around the world to provide the vital link needed to transmit data to and from satellites in orbit.
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I suspect that the head of the business unit just wants to keep me under his thumb, and so as long as I maintain a smile and a deferential attitude in his presence, this too shall pass.
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Hargreaves, which helps retail customers invest in a range of products through its online platform, said on Thursday it would now disclose its performance as one business unit in full-year results, rather than detailing each unit separately.
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Gratry joined the blockchain group after serving as head of finance for Building 8, another Facebook business unit that was also known for the heightened levels of secrecy surrounding the development of the company's Portal video chat devices.
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SAN FRANCISCO (Reuters) - Alphabet Inc launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing.
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As the senior vice president in the oncology business unit of Astellas Pharmaceuticals, he used his father's frustrations as the inspiration for Astellas's C3 Prize, which launched last year to fund non-medical innovations in improving cancer care.
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In today's earnings call, though, Google CEO Sundar Pichai, who recently installed former Oracle exec Thomas Kurian as the new head of Google Cloud, announced that this business unit now has an $8 billion annual revenue run rate.
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Bringing New Coke back is a way for Coca-Cola to "not take ourselves too seriously," Stuart Kronauge, president of Coke's sparkling business unit and senior vice president of marketing for Coca-Cola North America, told CNN Business.
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Oil-and-gas giant Royal Dutch Shell and two partners rolled out a new business unit Thursday that provides a suite of energy services to buildings, such as heating and cooling, efficient lighting, controls, and electric vehicle charging.
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Janne Pirttilahti, VP R&D of F-Secure's corporate cyber security business unit confirmed to TechCrunch that while the Little Flocker app has already been withdrawn the standalone version of Xfence will contain "the same features and functionalities".
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The deal, which has already closed, will expand the Cree Wolfspeed business unit, which is positioning itself to enable faster 4G mobile networks and prepare for the launch of 5G services, the companies said in a joint statement.
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Barry Callebaut's biggest business unit supplies chocolate and cocoa products to big food groups, such as Nestle and Mondelez, and volumes in the unit grew 0.4 percent, outperforming a 2.3 percent decline in the global chocolate confectionery market.
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"Gelita's decision to invest in biodesign technologies is a prime example of our commitment to innovation and satisfying market needs," said Hans-Ulrich Frech, Gelita's global vice president of Business Unit Collagen Peptides in a statement last month.
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HONG KONG (Reuters) - Citigroup Inc has appointed veteran Steven Lo as Asia head of its private banking business unit, replacing Bassam Salem who is retiring from that role in February, according to an internal memo seen by Reuters.
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The business unit known internally as Zume Pizza will be rolled into Zume Forward, a newly dubbed division that will oversee its technology and services for the food-truck industry, according to a person close to the company.
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CHICAGO, Sept 25 (Reuters) - Global commodities trader Cargill Inc is launching a new business unit focused on animal and human health products as part of a reorganization of its animal nutrition business, the company told Reuters on Wednesday.
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As a result of her departure, StanChart said its commercial banking business unit would now report into Simon Cooper, chief executive for corporate and institutional banking, the bank's biggest unit in terms of its contribution to group revenue.
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Lee Kun-hee, the father of the company's current leader Lee Jae-yong, cultivated a cadre of Samsung executives who were more loyal to Samsung as a whole — and to him personally — than to any specific business unit.
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Breaking it down by business unit, Verizon Consumer revenue was $22.0 billion (flat year-over-year), Verizon Business revenue came in at $7.8 billion (down 1.1%) and Verizon Media (which owns TechCrunch) saw revenue of $1.8 billion, down 2.9%.
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Google is said to be considering including its driverless cars in a ride-sharing model, the WSJ notes, and recent business unit changes suggest it is thinking more seriously about how best to bring its driverless vehicles to market.
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Nextbit, which was founded by former members of Google's Android team and a former head of design at HTC, will remain a largely independent company, operating as a "standalone business unit under its own management," according to the release.
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Donovan has for the past two years led AT&T's largest business unit, which services 100 million mobile, broadband and pay-TV customers in the U.S., as well as millions of business customers, including nearly all the Fortune 1000.
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HONG KONG, Feb 5 (Reuters) - Citigroup Inc has promoted its Asia-Pacific corporate banking head Gerald Keefe to a global role in its treasury and trade solutions business unit, according to an internal memo seen by Reuters on Wednesday.
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"We are further strengthening the specialty business in the Potash and Magnesium Products business unit through this investment and can offer an even broader product portfolio in the future," K+S Chief Executive Norbert Steiner said in a statement.
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Aqualande should help diminish the sales and EBITDA seasonality of the Premium Delicatessen business unit while improving product diversity (smoked trout as opposed to mainly smoked salmon and foie gras) and price points as well as organic growth prospects.
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Following the acquisition, Withings co-founder and CEO Cedric Hutchings has been made head of a new Digital Health business unit at Nokia, reporting to Ramzi Haidamus, president of Nokia Technologies — the company's R&D and IP licensing division.
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For example, the company recently added Chime VP, Risk Brian Mullins, who was the former head of Risk Ops at Square; and Chime GM, Lending Aaron Plante, who was the former Business Unit leader for Student Loans at SoFi.
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Citi analysts said sales at the energy business unit were "the standout disappointment in the quarter" and said they expected double-digit cuts to consensus estimates to reflect the downgrade to the outlook and the second quarter earnings miss.
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In the last year, S&P data showed the largest private equity deal in tech was a $3.55 billion sale of Thomson Reuter's intellectual property and science business unit to private equity firms Onex and Baring Private Equity Asia.
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Among Schmidt's accomplishments were taking the company public in 2004, shepherding critical product initiatives like the Android mobile operating system, and overseeing a massive 2015 corporate restructuring in which Google became a business unit of the holding company Alphabet.
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A Google executive recently said the self-driving car project is "close to graduating from X," suggesting that the project is nearly ready to stand alone as a business unit rather than as part of Alphabet's special projects division.
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BRUSSELS, April 20 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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As Kun Jing, the general manager of Baidu's Duer business unit told me, the company is looking to Japan for its first major international expansion of DuerOS because it already optimized its assistant for the acoustics of small rooms.
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In its WeChat post, the firm also said it will consolidate some of its ride-hailing divisions - each responsible for different services - to form a single business unit in which it would invest to improve compliance and services standards.
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"Incorporating our world-class intelligent sensors and unmanned assets on the Ripsaw M5 will provide a leap-ahead technology solution for the Army," David Ray, president of FLIR Systems' Government and Defense business unit, said in a press statement.
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The study found that a CEO's work is diverse: 25 percent of their work is spent on people and relationships, 25 percent on functional and business unit reviews, 16 percent on organization and culture, and 30 percent on strategy.
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The business unit being injected into Ali Health generated a gross merchandise volume of around 20.56 billion yuan ($3.21 billion) in the financial year to March 31 and had over 3,300 related merchants, Ali Health said in a statement.
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In a statement released on Thursday evening, the ministry said it had sent a letter to Facebook Ireland Ltd, the company's main international business unit, in response to an April 10 letter from the company's head of data protection.
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In 2016, Google Fiber paused its rollout to nine additional cities amid a restructuring and a round of layoffs, after the company became a separate business unit under Alphabet proper and no longer existed under the core Google umbrella.
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The publication has more details: The partnership with Adomni also opens a new business unit for Uber, called Uber OOH Powered by Adomni, as well as an additional revenue stream for the company, which went public in May 2019.
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Elevate Services has hired Brian Kuhn, the co-founder of IBM Watson's law firm and department consulting arm, as the head of a new business unit it is launching that will focus on aiding clients with legal technology implementation.
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The agency on Wednesday announced it had appointed David Ruschke, the former chief patent counsel at medical device maker Medtronic PLC's coronary and structural heart business unit, as the new chief judge for the Patent Trial and Appeal Board.
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"Samsung regained the top sales spot in the USA in the three-month period ending in May 2017, with market share rising to 36.2% from 32.9%" in the prior quarter, Kantar Worldpanel global business unit director Dominic Sunnebo said.
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Thomas O. Staggs, the Walt Disney Company's chief operating officer, said in a news release that Ms. Ferraro — one of the few women to run or co-run a Disney business unit — was eager to return to her marketing roots.
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The company also confirmed that it would be closing its London office, opened just over a year ago to kickstart new games development, and that the head of its Games business unit, Wilhelm Taht, would be leaving the company effective immediately.
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"Patients haven't had a lot of other treatment options available, or they have been using stuff that hasn't been approved and shown great evidence to help with episodic cluster headaches," Libby Driscoll, vice president of Lilly's neuroscience business unit, told Reuters.
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The business unit it belongs to grew to nearly $2.5 billion in sales, and its fat profit margin — analysts estimate it could be as large as 75 percent — is a big reason why Amazon posted its largest quarterly profit ever.
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Narasimhan's initial priorities will be to focus on delivering outperformance, especially in the health business unit, and to drive the Lysol maker's plan to split the firm into two business units under the same company, Reckitt said in a statement.
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In a phone call with WIRED, Assa Abloy's hospitality business unit head Christophe Sut downplayed the risk to hotel guests, and noted that F-Secure's researchers needed years of reverse-engineering work and expertise to develop their lock-hacking technique.
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AT&T told the Justice Department in a June 14 letter that it would manage Time Warner's Turner cable television networks as part of a separate business unit and take other steps until February 2019 or until any government appeal.
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Although the merger closed on June 14, shortly after Leon's opinion, AT&T has said it would manage Time Warner's Turner cable television networks as part of a separate business unit until February 2019 or the conclusion of the government's appeal.
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Japan's biggest refiner JX Nippon Oil & Energy, the core business unit of JX Holdings, said it cut its crude oil refining plan for domestic use in January by 23.41 percent due to sluggish kerosene demand after a mild winter, Reuters reported.
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TMHD is steadily strengthening its overseas insurance underwriting operations, and its overseas insurance premiums and business unit profits will be about 103% and 28%, respectively, of TMHD's total in the financial year ending 31 March 2017 (FYE17), according to TMHD's estimate.
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Samsung announced on Thursday at the Frankfurt Motor Show that it has set up a strategic business unit for autonomous and advanced driver assistance services (ADAS), together with a $300 million fund to invest in automotive start-ups and technology.
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Alibaba already works with MariaDB via its Alibaba Cloud business — which is the Chinese firms fastest growing business unit — but Alibaba has grander plans to take on the top cloud computing players, such as AWS, Google Cloud and Microsoft Azure.
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JD.com's other efforts to attract affluent consumers include holding runway shows in fashion capitals like New York and Milan, hiring a new president of international to develop partnerships with global brands, and launching JD Fashion as its own business unit.
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Bosch generated 2 billion euros in sales from driver assistance systems in 2019, a 12% increase from the previous year, according to Kay Stepper, vice president at Bosch who heads the company's driver assistance and automated driving regional business unit.
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Extra Crunch recently interviewed Beckwith about Salesforce's ongoing efforts to create a culture that gives back and how Salesforce's use of both a foundation and a fully-integrated business unit dedicated to nonprofits sets it apart from other corporate philanthropy efforts.
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Consider, for example, a planning presentation that former IBM executives said was drafted by heads of a business unit carved out of IBM's once-giant software group and charged with pursuing the "C," or cloud, portion of the company's CAMS strategy.
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"The impairment was the result of a negative adjustment in the value of the goodwill for the BBVA group investment in the U.S. business unit (...) caused mainly by the negative evolution of U.S. interest rates," it said in a statement.
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O is one of Liberty Interactive's two tracking stocks - a type of common stock that "tracks" or depends on the financial performance of a specific business unit of a company rather than the operations of a company as a whole.
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DETROIT (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 22005 months so both entities will be able to focus on their separated priorities and boost shareholder value.
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While Alibaba's core business is e-commerce and Tencent's is online content and messaging, the two have overlapped into a myriad of verticals, each time coming up against each other either through startups they have invested in or independent business unit they own.
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The proposed asset swap involved Boehringer Ingelheim's acquisition of Sanofi's $13.5 billion animal care subsidiary and Sanofi's obtaining the Germany company's consumer health care business unit, valued at nearly $8 billion, plus $5.5 billion in cash, the FTC said in a statement.
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During the second day of a hearing on Tuesday, Prentis Wilson, vice president of the relatively new Amazon Business unit, testified that his business had no big corporate customers, did not stock shelves and often did not bid for a customer's business.
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"In terms of strategic planning for the future ... I think our focus would be on shares in the capital of the upstream companies," said Xu Yuanfeng, general manager of the trading business unit of Jiangxi Copper Co, one of China's biggest copper smelters.
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Firstly, and most obviously, Uber swaps its capital-intensive business unit in China that its own CEO said was costing it $1 billion per year, for a (potentially) near-20 percent stake in the country's dominant ride-sharing company, valued at $35 billion.
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The Cognitive business unit, which includes sales of software for analytics and of IBM's Watson computing business, came in at $4 billion, representing a decline of 1.7 percent, but after adjusting for currency effects, sales would have risen slightly, year on year.
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But at the same time, competitors are flocking into this space, making the cost of recruiting and retaining talent sky high in a way it simply wasn't before Google turned its self-driving car project into a full-fledged business unit called Waymo.
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The deal, which Adidas is calling "the most significant partnership ever created between a non-athlete and an athletic brand", will result in the creation of a new business unit inside of Adidas – akin to how Nike handles the Michael Jordan brand.
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One potential limitation in the law is that it refers specifically to a Securities and Exchange Commission rule that defines an "executive officer" as the president of a company or any vice president in charge of a principal business unit or subsidiary.
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End of supportOverall Windows revenue increased by 18%, or $835 million for the quarter, up to $5.6 billion – the largest increase at least since Microsoft started breaking out Windows revenue as part of its "More Personal Computing" business unit beginning in October 2015.
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"We strongly believe that EV Connect's infrastructure management technology accelerates the electric vehicle revolution in the energy and power industry where Mitsui has many assets and access to partners," Kazumasa Nakai, the COO of Mitsui's infrastructure projects business unit, said in a statement.
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"To deliver on these opportunities we are pleased to announce that we will accelerate decision-making and time to market by delayering, reducing organizational duplication, and increasing business unit (BU) autonomy, which comes with more accountability," Khan and Naratil said in the memo.
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" — Georges Nahon, CEO, Orange Silicon Valley; president, Orange Institute, a global research co-laboratory "As AI permeates the enterprise, everyone—from the CEO and business unit leaders to your middle managers and frontline employees—will need to be conversant in some basic terminology.
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A more recent planning document — the presentation to top executives Gherson and Kavanaugh for a business unit carved out of the software group — recommended using similar techniques to free up money by cutting current employees to fund an "influx" of young workers.
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Zoox is one of 62 companies with a permit to test self-driving cars in California, according to the state Department of Motor Vehicles, although most operate in the shadow of Alphabet Inc's business unit Waymo, which began work on the technology a decade ago.
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Revenue from semiconductor solutions, Broadcom's biggest business unit, fell 10% to $4.09 billion in the second quarter, while revenue from its infrastructure software business came in at $1.41 billion Demand for enterprise and mainframe software remained stable, mainly in North America and Europe, Tan said.
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As part of broader leadership changes at WarnerMedia — which is now under the ownership of AT&T — his role was recently expanded to include Turner Classic Movies, digital-focused Otter Media and a new business unit that includes Warner's properties for kids and young adults.
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A study tracking CEO time from two Harvard researchers found that chief executives spend 25 percent of their time speaking to others and building relationships, 25 percent on functional and business unit reviews, 16 percent on organization and culture, and 21 percent on strategy.
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"It was somewhat inevitable that Apple would see volume share fall once we had a full comparative month of sales taking into account the non-flagship iPhone 8 versus the flagship iPhone 7 from 2016," said Dominic Sunnebo, global business unit director at Kantar.
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But like so many of its "other bets"—the heading under which Alphabet groups ambitious projects such as its life sciences play Verily, self-driving car company Waymo, and Access, the business unit that operates Google Fiber—the company seems to have lost this one.
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Beiersdorf said late on Tuesday that it expects group sales growth of 3-5 percent in 2019, down from 5.4 percent in 2018, and an operating margin of 13 to 14.5 percent in its core consumer business unit, down from 15.3 percent in 2018.
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Beiersdorf had said late on Tuesday it expected group sales growth of 3-5 percent in 2019, down from 5.4 percent in 2018, and an operating margin of 14 to 13 percent in its core consumer business unit, down from 15.3 percent in 2018.
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BEIJING, Aug 15 (Reuters) - China's Zhenhua Oil Corp, a subsidiary of Chinese defence conglomerate Norinco, has set up a new business unit to invest in liquefied natural gas (LNG) terminals and trade the fuel to help feed the country's thirst for the cleaner-burning fuel.
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"The agreement is consistent with our objective of creating high quality American jobs and achieving meaningful changes and enhancements to the contracts that will better enable our wireline business unit to compete and succeed in the digital world," said chief administrative officer Marc Reed.
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Inc * Says it will set up a wholly owned Tokyo-based financial business unit, to launch crowdfunding business * Says the unit will be established on May 14 and will be capitalized at 10 million yen * Business will start in January 2019 Source text in Japanese:goo.
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Razer will be bringing on Nextbit's staff of 30, and Min-Liang Tan, Razer's co-founder and CEO, said in an interview that the plan will be to develop more products keeping the Nextbit brand, which will operate as its own standalone business unit.
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IF YOU WERE TRYING TO DO THOSE CASE BY CASE, HEALTH CARE WAS AN EXAMPLE FOR ME, IF I WAS TRYING TO DO THAT ON MY OWN, NOT ON THE BACKS OF GE, THERE WOULD BE A MASSIVE DEBILITATING INVESTMENT FOR THAT BUSINESS UNIT.
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During the quarter, operating profit from Lockheed's Space Systems business unit halved to $103 million, partly due to a non-recurring pre-tax gain that had occurred in the third quarter of 2016 as well as slightly lower sales volume in two government satellite programs.
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Citgo, which has been owned by PDVSA for three decades, has not publicly detailed the composition of its current board since late 2017, when Asdrubal Chavez, a cousin of the late Venezuelan leader Hugo Chavez, was nominated by Maduro to run the business unit.
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"Ansell will be approaching regional associations in Brazil and other countries to offer its assistance and expertise in alleviating this major public health issue," Jeyan Heper, president and general manager of the Australian company's sexual wellness global business unit told Reuters in an email.
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Revenue from semiconductor solutions, Broadcom's biggest business unit, fell 10% to $4.09 billion in the second quarter, while revenue from its infrastructure software business came in at $1.41 billion Demand for enterprise and mainframe software remained stable, mainly in North America and Europe, Tan said.
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"We've all seen the high-profile attacks in recent months and know that hackers are now exploiting an array of connected devices as a new mean to access personal and financial information," said Fran Rosch, executive vice president of Symantec's Consumer Business Unit, in a press release.
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Softbank recently put $6.53 billion into GM's Cruise business unit for autonomous driving and $250 million into secondary storage vendor Cohesity, for example, and has backed other B2B players such as construction/building-software outfit Katerra; real-estate software company Compass; and workplace chat app Slack.
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Making Baidu Video independent removes the drag of a capital intensive business from Baidu's finances and lets the company act like a more nimble startup that can raise capital and draw on experience from third-party investors that it wouldn't interact with as a Baidu business unit.
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In AT&T's business unit that houses DirecTV, a satellite provider acquired in 2015 at a cost of $63bn, operating income has fallen by 20% since 2016—in part owing to aggressive marketing of DirecTV Now, a cheaper, loss-making streaming bundle of pay-TV networks.
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" Marc C. Reed, Verizon's chief administrative officer, characterized the deal as "consistent with our objective of creating high-quality American jobs and achieving meaningful changes and enhancements to the contracts that will better enable our wireline business unit to compete and succeed in the digital world.
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The cash from the sale of the investment business unit, and from a sale of Abraaj's stake in Pakistani utility K-Electric, would ease cashflow pressures that have seen the company violating certain conditions related to a portion of its debt, sources told Reuters earlier this month.
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The expansion at Hardisty, Alberta, will increase loading capacity to three 120-car unit trains per day, or roughly 225,000 barrels, to meet strong demand from both producers and refinery customers amid pipeline bottlenecks, said Jim Albertson, senior vice president, Canadian Business Unit, for parent USD Group.
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"I find it interesting that G.E. has announced a next generation turbine," said Michael Hannibal, a former head of Siemens' offshore business unit who is now a partner at Copenhagen Infrastructure Partners, an investment firm that is one of the owners of the Massachusetts offshore project.
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Here's what each business unit reported in revenue compared with what analysts expected, according to StreetAccount consensus estimates: While the parks business posted a 6 percent year-over-year increase in revenue, the segment saw operating income surge 15 percent year-over-year to $1.34 billion.
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Magellan is working with investment banks to sell the 35% stake in a new business unit which will contain the Longhorn pipeline and some storage assets on the Gulf of Mexico coast, according to the sources who spoke on condition of anonymity as the information is confidential.
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Daniel Brown, who led a $200 million business unit that made material for packaging and labels and has an MBA from the University of Chicago, thought he would land a similar six-figure job within a few months of losing the position in September 2015 due to a restructuring.
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In a judgment on Thursday, Honourable Anthony Smellie QC, the chief justice of the Cayman Islands, dismissed a $4 billion claim by AHAB against al-Sanea for alleged fraud involving an AHAB business unit called the Money Exchange, according to a copy of the judgment seen by Reuters.
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Thomas Sedran, board chairman of Volkswagen Commercial Vehicles, said that despite progress made in the electrification of its products, the business unit would continue to rely on highly advanced diesels as the backbone for logistics, particularly vehicles that make long distance runs, in rough terrains and for heavy loads.
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"While we forecast 40% growth in the total market for 2017, there's still something a little shocking about seeing a business unit the size of AWS consistently growing its revenues by over 40%," John Dinsdale, chief analyst and research director at Synergy Research Group said in a statement.
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The holiday began as a promotion for TMall started by current CEO Daniel Zhang, who was then in charge of the business unit, as a way to make single people feel less lonely, but it has since blossomed into the world's largest single shopping date by some margin.
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"We have decided we will allow others to invest in East Kalimantan and we will focus our efforts where we believe we make a difference in a place like Rokan block and also in IDD," Chevron IndoAsia Business Unit Managing Director Chuck Taylor told Indonesia's parliament this week.
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At our Tel Aviv event hear from Liad Itzhak, the leader of the mobility business unit at HERE Technologies and Oren Shoval the co-founder and chief technology officer of the on-demand transit network developer, Via, on how these two companies are helping guide the industry through this transition.
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I. and transfer to regular administration and management following a successfull restructuring by merger * Public Transport and Retail & Logistics business units will continue to be operated and managed by ALMEX GmbH within scope of an operational transfer * Parking Systems Business unit will continue to be managed under company's past name, i.e.
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Tan Libin, vice president of the energy storage business unit at CATL, told reporters that the firm was looking to Japan as the country's solar power market was expanding and feed-in-tariffs, which had guaranteed minimum power prices to spur solar development, will start to expire later this year.
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"We are extremely pleased that the city and people of Seattle have been so welcoming of ReachNow and are confident that we will continue to thrive — both here and across North America — under the direction of our new leadership team," said Marcus Krieg, head of BMW's car-sharing business unit.
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Zurich Insurance which provided insolvency cover for Thomas Cook Germany, which is separating its brands and operations from its failed UK parent, expects to start paying out compensation to customers from early December onwards at the earliest, the head of the operations and claims business unit, Horst Nussbaumer, told BamS.
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Verizon Ventures is announcing its first investment in an Israeli startup since establishing a new operation in the country a few weeks ago; meanwhile, Verizon itself has been working on a new business unit for IoT and telematics (partly to offset competition and declining growth in fixed and consumer-mobile services).
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Intel doesn't break out revenues specifically for its Artificial Intelligence Product Group, a business unit it established in March 2017, but last quarter the company noted that its various data-centric business units, where the AIPG would sit, grew by 26 percent, versus six percent for its legacy client computing business.
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Google's gobs of mapping data have also helped it become one of the leaders in self-driving cars, which brings us to the next big way that Alphabet's investing in transportation: Waymo, Alphabet's self-driving business unit, is one of the few of its many that analysts and investors are .
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To that end the global automotive business unit, headed at the time by future CEO Ito, and the tech division decided that the redesigned Civic would use many of the same components and systems as the previous model, including the front and rear suspension systems and the front section of the car.
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"The increasingly global engineering and construction industry requires digital modernization in a way that automates manual processes and embraces the power of cloud computing to easily connect the construction job site, reduce cost overruns, and improve productivity," said Mike Sicilia, SVP and GM, Engineering and Construction Global Business Unit, Oracle, in a statement.
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Initially envisioned as a technology-focused business unit of the multinational real estate company, the firm eventually turned to the more traditional venture capital investment model as a way to get more exposure to all of the new technologies that are coming to market, according to JLL Spark's co-chief executive, Mihir Shah.
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"By working together with all other departments within Ikea, the business unit of Ikea Home smart will drive the digital transformation of the Ikea range, improving and transforming existing businesses and developing new businesses to bring more diverse smart products to the many people," said Block in a press release announcing the restructuring.
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"Odebrecht and Braskem used a hidden but fully functioning Odebrecht business unit — a 'Department of Bribery,' so to speak — that systematically paid hundreds of millions of dollars to corrupt government officials in countries on three continents," said Sung-Hee Suh, the deputy assistant attorney general of the criminal division of the Justice Department.
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"Ned's experience in financial operations as a public company and business unit CFO, along with his background serving technology companies and investors, are an ideal fit for Twitter as we work to extend our positive momentum, continue growing our audience and achieve greater operating efficiency," CEO Jack Dorsey said in a statement.
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After the ruling, the Justice Department did not attempt to prevent the companies from closing the merger in June after AT&T said in a letter that it would manage Time Warner's Turner cable television networks as part of a separate business unit until either February 2019 or the conclusion of the government's appeal.
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The company has made good progress on that road to date, given that it only began its autonomous driving business unit in earnest back in December 2015, though it had clearly been working on the project for some time since it also announced a successful test of automated driving tech in Beijing at that time.
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O to acquire U.S. networking switches and software maker Brocade (notified March 217/ deadline April 212) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 217/deadline April 225) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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"Samsung took full advantage of the weeks just before the iPhone 8 and iPhone X were released in Great Britain, with significant promotional activity that helped drive its overall share to a three-year high of 38.4% for the three months ending August 2017," explained Dominic Sunnebo, Global Business Unit Director at Kantar Worldpanel ComTech, in a statement.
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O to acquire U.S. networking switches and software maker Brocade (notified March 193/ deadline April 26) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 17/deadline April 26) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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O to acquire U.S. networking switches and software maker Brocade (notified March 231/ deadline April 212) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 217/deadline April 212) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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"Overall the idea that we have to go into the Arctic to find new resources I think has been dispelled by the enormous cheap, easier to produce and quicker time-to-market resources in the Permian onshore U.S.," Michele Della Vigna, commodity equity business unit leader in EMEA at Goldman Sachs, told CNBC's Squawk Box on Thursday.
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O to acquire U.S. networking switches and software maker Brocade (notified March 353/ deadline April 235) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 290/deadline April 2105) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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O to acquire U.S. networking switches and software maker Brocade (notified March 17/ deadline April 26) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 17/deadline April 26) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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O to acquire U.S. networking switches and software maker Brocade (notified March 17/ deadline April 16) — Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 17/deadline April 26) — Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.
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The saying "from shirtsleeves to shirtsleeves in three generations," or the concept that a family's wealth could eventually dwindle, regularly comes up in conversation with ultrahigh net worth individuals, said Carol M. Schleif, deputy chief investment officer at Abbot Downing, a business unit within Wells Fargo that focuses on families with $100 million or more in total net worth.
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Under the agreement, Sanofi will obtain global development and commercialization rights to fitusiran, currently in development for the treatment of people with hemophilia A and B. Global commercialization of fitusiran will be done by Sanofi Genzyme, the specialty care global business unit of Sanofi, while Alnylam will receive royalties based on net sales of fitusiran products.
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One way to ensure projects advance is to appoint leaders within each respective business unit to help support the chief technology, data, or innovation officers, argues IBM's Rob Thomas, a system he refers to as the "hub-and-spoke" model because the structure resembles one in which a central point is connected to several secondary points.
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Joel Otto, the vice president of strategy and business development for Rockwell Collins Information Management Systems's business unit who has spent three decades working in aviation, said those working in aviation are more concerned about making sure a plane takes off, flies and lands safely than about any specific example of an attack, like that mentioned by Katko.
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