SAP Co-CEO Snabe on Strategy for China

June 10 (Bloomberg) -- SAP AG Co-Chief Executive Officer Jim Hagemann Snabe talks about the Walldorf, Germany-based company's business strategy for China. The Asia-Pacific region is growing in importance for SAP, the largest maker of business-management software, accounting for 16 percent of sales in 2012, with the contribution rising every year since at least 2004, according to data compiled by Bloomberg. Snabe spoke in Beijing on June 7 with Bloomberg Television's Christine Hah. (Source: Bloomberg)
Ace to Buy Chubb for $28.3B
29:01 - It’s the biggest acquisition in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. The deal is just the latest move in a recent acquisition spree for Ace. Bloomberg’s Nejra Cehic reports on “Countdown.” (Source: Bloomberg)
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