The South African lender is in negotiations to sell its London unit to Industrial and Commercial Bank of China, its biggest shareholder.
Institutional investors
New Gilt Groupe CEO to prove flash sales are real
Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
Microsoft and Steve Sinofsky's enter a 'non-disparage’ agreement
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
Google's search results scrutinized by EU
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
Industrial Opportunity Partners and Owner John Zobl invests in Betty Machine Company
Industrial Opportunity Partners and Owner John Zobl announced its partnership to recapitalize Betty Machine Company Inc.
Latest News
EADS said it will now be known as Airbus Group. EADS confirmed that it will undergo a name change. The European aircraft maker announced that it will now be called Airbus Group.
Invincea appointed the former White House Senior Director for Cybersecurity to its board of advisors.
Nintendo decided to keep its estimate for its 2013/14 Wii U sales forecast at 9 million still. Nintendo Co. declared Wednesday that has decided to retain its sales forecast for Wii U at 9 million units.
Apple's "pinch to zoom" patent was rejected, again, by the USPTO. Apple's claim to the "pinch to zoom" patent has been rejected by the United States Patent and Trademark Office (USPTO), again.
The heads of Apple and China Mobile came together to discuss a possible cooperation. Tim Cook, Apple's CEO, met with China Mobile Ltd. Chairman Xi Guohua in Beijing Tuesday.
Robert Thicke's "Blurred Lines" was an explosion into pop consciousness. Robert Thicke's recording career was about 10 years long now.
Box selected SDL as its preferred partner in its quest for worldwide expansion. Box chose SDL as its preferred partner for its expansion into international markets.
According to India's Finance Minister, Palaniappan Chidambaram, the hunt for a new central bank governor is on after the bank's current head declined term extension.
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
