Bahraini businessman Mahmood Al Kooheji quit his post as Tamkeen CEO without providing a reason for the said decision.
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Yellen sees no conflict on improving US unemployment and working on monetary policies
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
BlackBerry co-founders show interest purchasing the struggling smartphone maker
BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.
Kingfisher's UK head Martyn Phillips parts ways with company
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.
Brockovich claims preemption status of Essure reason for fight
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.
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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.
US Senator John McCain angrily stated that US lawmakers should resolve differences to end the US partial shutdown that caused a halt in military death benefits, according to a Reuters report.
On Tuesday, Finance Minister Luis Videgaray said that Mexico had urged the United States to reach an agreement to raise the nation's debt limits to avoid a possible default that could ruin the international reputation of the country.
US President Barack Obama would nominate the Vice Chairwoman of the Federal Reserve to replace outgoing chairman Ben Bernanke whose term ends in January next year.
Under its new CEO Doug Lawler, Chesapeake Energy Corp had cut down around 1200 jobs to reduce company spending and lift profit.
