Two of the biggest managed risk services providers in the world, Stiftelsen Det Norske Veritas (DNV) and Germanischer Lloyd SE (GL), got approval from competition authorities to finalize its planned merger.
Investors
Salvage operations for Costa Concordia begins
Efforts to salvage wrecked cruise liner Costa Concordia began today. The salvage operations for cruise ship Costa Concordia finally began today. Despite a three-hour delay due to thunderstorms, the team of Engineer Sergio Girotto finally started the process of righting the ship.
Tencent surpasses USD100 billion mark
Tencent joins a handful of companies that is now worth USD100 billion. Less than ten years from its public listing, Tencent Holdings Inc's market value had surpassed USD100 billion.
DBS Group names Jerry Tse as investment banking unit CEO
Jerry Tse of Macquarie Capital was hired by DBS Group Holdings to become the CEO of its investment bank in Hong Kong.
Federal Reserve in turmoil after Summers' withdrawal
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
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At least three sources said that a recent collaboration with HCL Technologies HCL Infosystems indicated that a merger was in the works.
AT&T, with its hub in Dubai, has offered IP virtual private network services to multinationals doing business in the Gulf region and in Africa.
According to Bloomberg data, investor sentiment still had not returned to the US financial industry.
According to Axalta CEO Charlie Shaver, the Carlyle owned paint and coatings firm would benefit from car population increases in Mexico and Brazil.
A source told Reuters that Boeing Co would be picked as South Korea's supplier for its fighter jets in a KRW8.3 trillion or USD7.64 billion agreement.
In a tech conference in San Francisco, Pebble Technology founder Eric Migicovsky expressed his confidence on their smartwatch product against similar products of tech giants such as Samsung and Apple.
The new WWE 2K14 would soon be released with superstar the Rock returning on the ring with vintage buddies including Hulk Hogan, Andre the Giant, Ultimate Warrior, said a mirror.co report.
HTC Corp. had cut the number of its US based workers, a move which the company referred a streamline on its operations after a period of growth.
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
