Bill Whelan, the Michigan-based mastermind behind the creation and sale of one of the world's biggest metals warehousing firms, is making a comeback, seeking to rejoin the London Metal Exchange network as new rules roil the storage business.
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Famous quotes by former South African President Nelson Mandela
"Like slavery and apartheid, poverty is not natural. It is people who have made poverty and tolerated poverty, and it is people who will overcome it." - on being named Amnesty International Ambassador of Conscience, 2006
LIVE UPDATES: NELSON MANDELA DEAD AT 95
Nelson Mandela, the first black president of South Africa and hero of the country's anti-apartheid struggle, has died aged 95 after a recurring lung infection. The announcement was made by the country's president, Jacob Zuma, on Thursday.
Ulrich Koerner is new UBS head of global asset management
Swiss bank UBS Ag said Ulrich Koerner will be replacing John Fraser as Head of Global Asset Management. Fraser is set to retire by the end of month.
Bubble on Bitcoin will burst with no intrinsic currency value - Greenspan
Former Federal Reserve Chairman Alan Greenspan told Bloomberg Television today that despite the high trading value of the Bitcoin, the virtual currency holds no intrinsic currency value like with real physical money.
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The purportedly massive USD53 billion economic stimulus package by the government of Japan was to aid the country from its high tax rates imposed in April this year, said government ministers.
Former Japanese Ministry of Finance official Eisuke Sakakibara said the yen may weaken further as the government pension fund will follow the proposal to invest more of its holdings overseas.
BlackBerry Ltd is "very much alive, thank you," Interim Chief Executive John Chen affirmed in an open letter on Monday in which the smartphone maker committed itself to rebuilding as a niche player concentrating on the enterprise market.
Monday's announcement of executive promotions at Samsung Group stood out when the Group announced Samsung Chairman Lee Kun-hee's daughter, Seo-hyun, as a division president at holding company Samsung Everland Inc.
Unilever attributes its declining sales to the slowdown in emerging markets, and Chief Executive Officer Paul Polman urges countries in these markets to create structured economic policies real soon.
Thanks to the decline in deals in Greater China, demand and pay for Southeast Asian investment bankers as deal makers had seen an increase, according Thomson Reuters data.
Former Malaysian Prime Minister Mahathir Mohamad told reporters that he had stepped down from his post as an adviser to Petronas, the state-run oil firm.
According to a report on The Telegraph, British Chancellor George Osborne is said to be thinking of modifying the rules in the country's Enterprise Investment Scheme or EIS to boost investment in the venture capital industry.
GrainCorp Ltd chief executive Alison Watkins has resigned just days after the Australian government rejected a takeover offer from US agricultural giant Archer Daniels Midland Inc, and will head the Coca-Cola Amatil Ltd starting March.
