On Tuesday, the Burberry Group said chief creative officer Christopher Bailey would be adding another responsibility as chief executive officer in the middle of next year.
Firm Management
ERB to build power plant for Dow Chemical in Minas Gerais
A second project between Dow and ERB has been agreed upon where the power plant would utilize sugar cane residue as fuel for electrical power.
Investors propose leadership split at 21st Century Fox
A number of prominent institutional investors and proxy advisory firms have supported a resolution calling for a split of CEO-Chairman duties at 21st Century Fox.
Woodford leaves Invesco to put up own shop
Neil Woodford leaves Invesco after 25 years of service for a still unannounced firm of his own. The overseer of the largest equity fund in the United Kingdom, Neil Woodford, had announced his departure from Invesco Perpetual after 25 years of service to manage his very own firm.
SundaySky raises USD20 million funding, receives backing from Comcast Ventures
SundaySky, a smart video ad company, raised USD20 million in its Series C financing round led by Comcast Ventures.
Latest News
Grupo BTG Pactual got regulatory approval to open a broker-dealer unit in Mexico. Brazil-based Grupo BTG Pactual received approval on Monday from regulatory authorities to establish a new broker dealer operation in Mexico.
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.
In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.
TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.
