Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
Corporations
Saudization is not achievable according to the General Syndicate of Cars
Saudization, according to GSC Secretary General Marwan Zabidi, is a unachievable goal because of the lack of support structures for its realization.
Wal-Mart said negotiations with Bharti still ongoing
Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.
Apple teaches important branding lesson to marketers- report
A Forbes report revealed the branding lesson marketers could learn from Apple. A Forbes report revealed that marketers can learn one very important lesson from Apple: Branding starts with consumers.
Susan Bennett explains why Siri gets ill-tempered at times
Susan Bennett explained the reason why Siri would get snippy at times. Susan Bennett, the woman who claimed to be the voice of the American Siri in Apple Inc's assistant app, told CNN she recorded nonsensical phrases and sentences for ubergeeks, as she called them, in July 2005.
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Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair. The share price offered by Rosneft to buy out minority shareholders of TNK-BP Holding was reportedly at a premium and should had no cause for complaint.
Judge Colleen Kollar-Kotelly had turned down the US Department of Justice's request to delay the hearing of the case against AMR Corp and US Airways Group Inc regarding the airlines' planned merger.
Activist billionaire investor Carl Icahn said on CNBC his company had placed a USD2 billion investment on shares of Apple Inc.
A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.
Five companies would be vying for the West Bengali government's shares in Haldia Petrochemicals Ltd through a bidding process.
Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
The commercial mortgage backed securities, especially after the IPO deal, connected to JCPenney have affected the market as a whole.
Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
News about a dinner meeting of billionaire activist investor Carl Icahn and Apple Inc chief executive Tim Cook prompted the tech giant's shares to increase by 2%.
