A new marketing campaign is being rolled out by Zurich Insurance to assure the public that it is business as usual despite the suicide of its CFO and resignation of its Chairman.
Investors
Miss New York wins Miss America 2014
Miss America 2014 announced Nina Davaluri from New York as its new winner during the pageant held in Atlantic City.
KKR and Abraaj jockeying for 60% of Kudu
Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
Raiffeisen Bank International to increase bad debt provisions for 2013
Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.
Lippo seeks US property assets
Lippo Group owned by Indonesian tycoon Mochtar Riady said it had been looking to acquire real estate assets in the US after signs of economic recovery were seen the world's biggest economy.
Latest News
In an interview with Reuters, Saudi Arabian Prince Alwaleed bin Talal said he, through his Kingdom Holdings investment firm, would not sell any Twitter shares owned in the IPO.
In an interview with a German daily, Volkswagen CEO Martin Winterkorn confirmed plans to increase its stake in the Chinese venture with FAW Group.
According to a statement from Mongolia's Prime Minister, the country would sell its Samurai bonds this year in a deal valued to as much as USD1 billion.
Lawrence Summers, ex-economic aide to US President Barack Obama, had withdrawn from consideration to succeed Federal Reserve outgoing chair Ben Bernanke.
Westfield Group said it would sell its seven US shopping centers to Starwood Capital in a deal valued at USD1.6 billion.
Egyptian private equity firm Citadel Capital said on Sunday it would increase its capital following the clearance it had won from the company's shareholders.
Koor Industries had sold another 5.5 million shares in Credit Suisse. The sale was valued USD169 million said the Israeli holding company on Sunday.
James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.
The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
