A statement from the office of the British Prime Minister David Cameron revealed that 6,000 mortgage applications, with over 80% of them as first-time buyers, applied for home loans under the government's Help-to-Buy program.
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Alicia Keys out of Blackberry as creative director
Blackberry Ltd has said in a statement on January 2 that it will be parting ways with its global creative director, musician and celebrity Alicia Keys.
Former US senator Joseph Lieberman joins private equity firm Victory Park Capital
Joseph Lieberman, a former US senator from Connecticut and onetime vice-presidential candidate, will join private equity firm Victory Park Capital Advisors LLC as chairman of its executive board.
Top hedge fund performers for 2013 were in value equity plays - report
Business news site ValueWalk pointed out in its report that several top players on HSBC Holdings plc's list of best performing hedge funds for 2013 were found to have made value equity plays.
Lufthansa France workers to go on strike this weekend at Charles de Gaulle Airport
French unions led by the National Union of Autonomous Trade Unions (UNSA) have called on Lufthansa France workers at Charles de Gaulle Airport in Paris to go on strike this weekend. Workers are protesting against outsourcing ground operations, which would threaten 199 jobs.
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TheMarker, a financial news website, said generic drugmaker Teva Pharmaceutical Industries is set to name Erez Vigodman as its new Chief Executive on January 13 at the JPMorgan Healthcare Conference in San Francisco, Reuters reported.
Dangote Industries Ltd, Alhaji Aliko Danagote's holding company, has up till October 26 to sell down or dilute its stake in cement manufacturer Dangote Cement PLC. The reduction in shareholding will enable the cement company to comply with flotation regulations in Nigeria's bourse.
After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.
Pallonji Shapoorji Mistry was said to have earned $2.8 billion last year because of its holdings in Tata Consultancy Services Ltd and significant earnings in his construction group, Shapoorji Pallonji Group.
Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the struggling shoemaker.
Shareholders of Banca Monte dei Paschi di Siena SpA reportedly sided with main shareholder Fondazione Monte Paschi with regard to postponing the cash call until May of next year.
Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuations.
Popolare Vicenza Chairman Gianni Zonin told an Italian daily that Banca Popolare di Vicenza intends to grow its branches to a thousand from its current 690 through acquisitions.
