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Cudos Capital to raise EUR150 million

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.


Buffett relies on deputies to find Unit CEO successors

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.

Jordan receives third tranche of IMF funding

Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.

Pennzoil donates vans to veterans

Pennzoil's "Mission: ABLE" program donated three vans to three veterans for their specialized needs.


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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 is set to name Mike Hopkins as its new CEO to replace Andy Forssell, who took over from Jason Kilar.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.
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.
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.