India's richest man Mukesh Ambani lost a total of 24% of his wealth after the valuation of the rupee decreased.
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JPMorgan worth more if broken up: analyst
An analyst said that if JPMorgan Chase & Co would have broken up into its four core businesses, it would be 30% more valuable to its shareholders.
Former SAC fund manager gets charged with insider trading
Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
Rosneft CEO purchases USD 5.5 million shares
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
Ben Affleck cast in 2015 Superman film as Batman
Fresh from the film success of "Man of Steel", Warner Bros has been bankrolling a 2015 production of another Superman sequel with Ben Affleck cast as Batman.
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Facebook CEO Mark Zuckerberg would lead a project focused on making web access affordable for the 5 billion individuals worldwide who are not online yet.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
