Martyn Phillips had left his position as the head of Kingfisher's B&Q chain in the UK as part of moves to restructure the company.
People
New Chesapeake chief reduces perks, assets of ousted co-founder
Chesapeake Energy Corp chief executive officer Doug Lawler had started trimming company's assets and expenses to shift the company's focus to its core business.
Yellen Fed Reserve nomination joins list of women as economic power players in US
Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.
Hulu to name third CEO in recent times
Hulu is set to name Mike Hopkins as its new CEO to replace Andy Forssell, who took over from Jason Kilar.
New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Latest News
Erin Brockovich pointed to preemption laws in her campaign to take Essure off the market. Erin Brockovich, the consumer advocate who filed a multimillion case against Pacific Gas and Electric Co for groundwater contamination, had blamed preemption laws in her fight against birth control implant Essure.
Erin Brockovich said she wanted Essure, a birth control procedure by Bayer Corporation, taken off the market.
According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.
Bahraini businessman Mahmood Al Kooheji quit his post as Tamkeen CEO without providing a reason for the said decision.
A new book by New York Times reporter Nick Bilton had claimed that Twitter Inc Chairman Jack Dorsey got co-founder Noah Glass booted out from the company in 2006.
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
Citigroup Inc. had hired Leopoldo Attolico and Pierpaolo di Stefano to run its investment banking operations in Italy, said a Bloomberg report.
Libyan Prime Minister Ali Zaidan had been kidnapped by a revolutionary group from Tripoli and was taken at dawn into an unknown destination, said a Bloomberg report.
Barclays Plc promoted investment banker John Miller as head of banking for the Americas division of the bank, according to an internal memo seen by Reuters.
