People

Sawiris says Ottawa policy risks foreign investment

Egyptian telecoms magnate Naguib Sawirirs said that the unclear telecommunications policy in Canada would jeopardize foreign investment.


Cuban found innocent of insider trading charges

A verdict of not guilty was entered by a Dallas jury on the case of insider trading against billionaire Mark Cuban.

Deutsche Bank's Dixon to leave bank

Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.

Batista dismisses OGX Oil chief as bond default woes persist

Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.


Latest News

Neil Woodford leaves Invesco after 25 years of service for a still unannounced firm of his own. The overseer of the largest equity fund in the United Kingdom, Neil Woodford, had announced his departure from Invesco Perpetual after 25 years of service to manage his very own firm.
Three NYSE Euronext executives, including Chief Financial Officer Michael Geltzeiler, would be leaving the exchange after the conclusion of its sale to IntercontinentalExchange Inc (ICE).
Twitter Inc co-founder and chairman Jack Dorsey reportedly was not the one who had let go of co-founder Noah Glass.
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
Danske Bank dismissed its Head of Treasury Steen Blaafalk. According to a Bloomberg report, Danish lender Danske Bank had fired its Head of Treasury Steen Blaafalk.
Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.
The new fund of private equity firm Cudos Capital, which is co-founded by former Austrian chancellor Alfred Gusenbauer, would seek to raise EUR150 million.
According to pundits and observers, Berkshire Hathaway Inc chief Warren Buffett had resorted to a different management approach in hiring new chief executives for his business units.
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
Pennzoil's "Mission: ABLE" program donated three vans to three veterans for their specialized needs.