Hints and tips:
...You usually see four to five cases in a lifetime, now we’re seeing four to five cases a day,” said Dr Atul Mittal, an ear, nose and throat surgeon at Fortis Memorial Research Institute, a hospital outside...
...Dr Manoj Kumar Goel, a pulmonologist at the Fortis Memorial Research Institute hospital said the rising caseload was putting intense pressure on medical staff....
...But Dr N Devadasan, co-founder of the Bangalore-based Institute of Public Health, says that years later many beneficiaries did not not know how or where to gain access to free treatment....
...But Simon Dietz, co-director of the LSE’s Grantham Research Institute on Climate Change and the Environment, said the industry was not moving fast enough....
...The high cost of the takeover sparked immediate controversy not least because the sale came out of the fated break-up of ABN Amro that later engulfed Royal Bank of Scotland and Fortis....
...While RBS and Fortis of Belgium were undone by their involvement with the Dutch bank, Monte dei Paschi had a home-made buffer, an all-Italian solution in the form of its foundation....
...In the biggest deal so far, Malaysia’s Khazanah Nasional acquired Singapore’s Parkway for S$4.5bn ($3.5bn) after a tussle with India’s Fortis Healthcare....
...ABN Amro’s international banking ambitions collapsed after its failed merger with RBS and Fortis. The Netherlands’ economy rises or falls with its European trading partners....
...Fitch has also affirmed the Long- and Short-term IDRs of the five Fortis holding companies: Fortis SA/NV, Fortis N.V., Fortis Brussels, Fortis Utrecht and Fortis Insurance NV., at ‘BBB+’ and ‘F2′ respectively...
...The Institute for Supply Management’s non-manufacturing index rose from 50.5 in February to 53.0 this month, a third successive increase and the highest level since October 2007....
...German business sentiment this month improved to its best level since June 2008, according to the Ifo institute, while “flash’ estimates of the eurozone purchasing managers’ indices for March came in stronger...
...Nick Kounis, European economist at Fortis Bank, said: “To the extent that banks have become more careful, it seems to be largely due to the recession.”...
...The US Institute for Supply Management’s non-manufacturing index rose to 48.4 this month, just a whisker away from the 50 mark that signals expansion and the slowest pace of contraction for 11 months....
...The US Institute for Supply Management’s non-manufacturing index fell to 46.4 last month from 47.0 in June, the first decrease since March....
...But Nick Kounis, chief European economist at Fortis Bank, remained optimistic....
...The writers are the deputy director of the Peterson Institute for International Economics and a research fellow at Bruegel, respectively...
...Fortis fell as investors reacted to a recommendation by a state appointed panel of experts that the group’s shareholders approve the sale of Fortis Banque to BNP Paribas....
...Thanks to its successful Belgian acquisition of Fortis, the French bank has hoisted itself to third place in the European banking sector’s stock market capitalisation league table, behind Spain’s Santander...
...“The global recession is nearing its end,” said Nick Kounis, chief European economist at Fortis Bank....
...Asset managers are failing to monitor and control risk at the highest level, according to a global survey from a Danish research institute....
...Nick Kounis at Fortis Bank said Ifo data suggested German economic contraction could prove less severe in the first quarter of 2009 than in the Christmas quarter 2008 and “reinforce the ECB’s inclination...
...Fortis rescue (1): Editorial comment – Discom-Fortis At first glance, the rescue of Fortis by the Belgian, Dutch and Luxembourg governments looks reassuring....
...“The cocoa sector is living in a hand-to-mouth, season-by-season manner,” says Fortis Bank....
...“The showdown was bound to happen and it started here,” said Charles Wyplosz, professor of economics at Geneva’s Graduate Institute....
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