Category: Purchasing

[ad_1] GAM Holding AG raised its holdings in shares of Nike Inc (NYSE:NKE) by 14.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,046 shares of the footwear maker’s stock after purchasing an additional 18,062 shares during the period. GAM Holding AG’s holdings in…

[ad_1] An official at Russia’s Rostransnadzor federal transportation watchdog was fired earlier this year after his wife purchased 66 cars for personal use, the country’s top prosecutor has said. Russia ranks among the world’s most corrupt countries in international ratings, with corruption-related crimes having cost an estimated $2.5 billion in losses between 2014 and 2017.…

[ad_1] Japan plans to revise government procurement rules to effectively ban the use of Huawei and ZTE telecom equipment, citing security concerns. The country’s various ministries are set to revise their procurement guidelines next week to prevent leaks of sensitive information and cyberattacks, Yomiuri Shimbun reported Friday. The Japanese government will not explicitly mention the…