Russia's richest man, Alisher Usmanov, said that he had decided to reduce his Facebook holdings by selling 14.2 million shares.
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Source: EU Competition Commissioner to discuss Monte Paschi bailout with Italian minister
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Thomspon accuses BBC chief of misleading British Parliament
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
Shareholder sues Verizon over USD130 billion Vodafone deal
Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Weiner goes verbal sparring with Jewish man
Anthony Weiner, the NYC mayoralty candidate, got into a heated verbal exchange with a member of the Jewish community.
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Yahoo Inc. recently unveiled its brand new logo, and CEO Marissa Meyer helped with the design over a summer weekend.
Prominent exchange-traded funds (ETF) market desk keeper Reggie Browne and at least two senior managers would be leaving KCG Holdings Inc.
Goldman Sachs Group Inc. co-heads Richard Gnodde, David Solomon and John Weinberg announced the appointment of Stuart Berstein as head of the investment banking firm's venture capital client group.
HSBC Holdings had appointed former Marks & Spencer CEO Stuart Rose for an advisory role in the company.
Europe's biggest bank, HSBC Holdings Plc, said it had appointed Florian Fautz to be its global head for mergers and acquisitions.
Eastman Kodak Co. Chief Executive Antonio Perez said that the company's balance sheet post-bankrupty and its restructuring would lead the imaging and photographic equipment maker to the road of financial success.
The Royal Bank of Canada named Jonathan Golub to head the investment banking unit of RBC as its new chief market strategist for the US.
Former TNK-BP executive Mikhail Slobodin replaces Anton Kudryashov as head of Vimplecom's Russian business.
Australian tycoon James Packer bought a 9.4% stake in US real estate website Zillow Inc. James Packer acquired a 9. 4% stake in Zillow Inc. Cavalane Holdings, of which Packer holds a controlling stake, purchased 3 million shares in the US real estate website.
