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Severstal halts steel deals lookout, will focus on US growth - CEO

Severstal North America chief executive Saikat Dey told reporters in a conference call that the US arm of Russia's second largest steel producer would be focusing on getting the best returns for the company.


Carpetright CEO Shapland quits

Carpetright's Chief Executive Officer Darren Shapland has left his post. Carpetright Chief Executive Officer Darren Shapland had quit his post as the UK retailer's sales continued to deteriorate.

Gates, Ballmer seek re-election to Microsoft Corp's board of directors

Co-founding chairman Bill Gates and CEO Steve Ballmer had sought for re-election in Microsoft's board of directors, said a Reuters report.

Ellison gives up potential pay out

Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.


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In an interview fresh from its acquisition of Investors Capital Holdings Ltd, RCS Capital Corp Executive Chairman of the Board Nicholas Schorsch said his company would still be on the lookout for more potential buyouts.
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.
Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.
Best-selling author Tom Clancy died Tuesday in Baltimore. Author Tom Clancy died on Tuesday in Baltimore. He was 66. Clancy was best known for his military novels like "The Hunt for Red October" and "The Sum of All Fears.
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
The Federal Bureau of Investigation had shutdown Silk Road, an alleged online bitcoin marketplace used to perform illegal activities, said a Reuters report.
An internal memo news agency Reuters had obtained revealed that Bank of America Merrill Lynch had reassigned its co-heads of its Asia Pacific investment banking business.
Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.
Three of the top 20 investors in computer software company Microsoft had urged its board to push the firm's founding chairman Bill Gates to step down from office.
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