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UniCredit appoints Zadrazil as new head of Bank Austria to oversee restructuring after suffering losses
Italian bank UniCredit to replace Bank Austria CEO Willibald Cernko with head of private banking Robert Zadrazil on March 1 to oversee restructuring after suffering losses.
China got $37 bln in Venture Capital deals in 2015, makes it legitimate contender to tech industry leader US
Venture capitalist poured a total of $37 billion worth of funds to start-ups in China in 2015, making it the biggest challenger to the leader in the Tech industry, which is the US.
Half of the 229 unicorn start-ups found in California, $175B in funding, $1.3T valuation, bubble highly unlikely
Developers of revolutionary products with $1 billion in valuation are called unicorns, and there are so many of them sprouting. Most of them are in California. There are some who fear of another bubble, but most dismiss this forecast.
Nickel, copper gain, as Chinese equity market performs better
Nickel and copper lead the gains on the London Metal Exchange as Chinese equity market gained, which calmed concerns over financial turmoil in the world’s second largest economy.




