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youDevise Forms Subsidiaries in New York & Hong Kong To Support

Previously, Ms. Tse held sales and marketing positions with BFO, a software firm, based in the UK, and IBM Internet Security Systems (NASDAQ: ISSX). Simon Ellis, head of Global Business Development for the TIM, was named in charge of the New York City subsidiary.

In addition, Rikolv Hatlehol-Desai was named Senior Manager for Client Support and Account Management in London. Mr. Hatlehol-Desai most recently was a relationship manager for ITG's (NYSE: ITG) Transaction Cost Analysis product in London, and previously was an account manager for AlphaMetrics. Prior to joining FactSet in 2004, Mr. Hatlehol-Desai was an investment banking analyst in the Debt Capital Markets division of BNP Paribas.

"We are pleased to have such an expert team to help continue expansion of the TIM around the world, for our growing number of clients in North America and Asia, and our growing base in the UK and Europe," said Colin Berthoud, Director of youDevise. more

BofA moving cash group to Boston

The bank's Boston-based investment-management division, Columbia Management Group, hired Paul Quistberg this year from mutual-fund company Putnam Investments to lead the cash group. The unit has run into problems during the credit crunch, with a group of money-market funds it manages suffering losses.

Money-market funds are designed to give consumers and institutional investors a place to put their money and earn a higher return than a savings account but with minimal risk. The typically invest in low-risk securities such as Treasuries and commercial paper.

Money-market funds attempt to keep their shares stable at $1, with only the yield rising or falling. While it's rare, those shares may fall below $1, or "break the buck," if the fund's investments do poorly, and investors can lose money. more

After the UEFA Cup Final trouble, is the disruption to business

We have entertained and worked with these fans for years while they pour millions into our businesses and the local economy. As for the unfortunate UEFA Cup situation, Manchester to my knowledge has not experienced this severity of crowd trouble before and will not do again. We would be potty if we allow this one-off incident to affect all that this sporting community has built and worked for. Jason Hiley, coporate finance partner at PKF. Yes: I think that hosting sporting events, such as this, is a good thing for Manchester - helping to keep it on an international stage. The additional revenue that the various shops, bars and restaurants yielded would have been very lucrative, especially for a midweek afternoon. I don't really see that many businesses saw much disruption - especially in the professional services sector. more

Kenya: Small Businesses Find Convenience in M-Pesa

A significant number of small businesses that were previously cut from the techno savvy e-banking services provided by most commercial banks have now turned to electronic money transfer through the one year old M-Pesa service offered by Safaricom.

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China SAIC Motor to offer 8 bln yuan 3-year bills

Wednesday it would issue up to 8 billion yuan ($1.2 billion) of three-year corporate bills to fund expansion and repay loans taken out by subsidiaries.

The company will make an initial issue of 4 billion yuan of bills, it said without elaborating. A shareholders' meeting has been called for June 17 to approve the plan.

SAIC also said it would provide a guarantee enabling its 51.33 percent-owned South Korean subsidiary, Ssangyong Motor Co (003620.KS: Quote, Profile, Research), to extend for another year a $200 million working capital facility provided by two major Chinese banks. ($1 = 6.95 Yuan) (Reporting by Rujun Shen; Editing by Keiron Henderson)

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Amazon.com: The Business of Ecommerce: From Corporate ...
Amazon.com: The Business of Ecommerce: From Corporate Strategy to Technology (Breakthroughs in Application Development) (9780521776981): Paul May: Books

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Get Business and Technology News Alerts Most Popular | Spotlight ... The Sometimes-Deadly 'Customer Experience' Strategy ... Today's E-Commerce Times Sponsors

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The business of e-commerce : from corporate strategy to technology. authors: May, Paul. subjects: Electronic commerce. Internet (Computer network). publishers: