A new financial advisory services firm in London had been formed by three former bankers who had successful careers in mergers and acquisitions.
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Fairfax having difficulty in funding for Blackberry offer - sources
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Despite inflation, Diwali is a time to spend and celebrate
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
LAX shooter had suicide in mind - NJ Police Chief
New Jersey Police Chief Allen Cummings in an interview with Associated Press, said family members received text messages on suicide from Paul Ciancia, the LAX shooter.
Goldman Head of Investments Banking in Asia moves stateside
Dan Dees, co-head for investments banking for Goldman Sachs Asia, would be assuming a global role for the bank in the next few months.
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Warren Buffett wants more liquidity in assets to have cash when there is fear in the market. Experts said that financial investor Warren Buffett is not investing his cash pile fast enough, according to a report by Bloomberg.
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
Tara Poseley of Kmart hired as new chief product officer of Lululemon. An executive from Kmart, the leading US discount chain, has been hired to lead the global merchandise and design team at Lululemon Athletica Inc.
Richard Usher put on leave, Citi's chief Roham Ramchandani follows. Richard Usher, the chief currency dealer in JP Morgan in London, has been put on leave.
Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.
CEO Jeremy Levin resigns from Teva, but board is confident they will find a permanent replacement. Jeremy Levin, chief executive officer of Teva Pharmaceutical Industries, would be stepping down effective immediately, according to a report by Reuters.
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).
