Daniel Janes stepped down as co-head of investment banking for Barclays PLC to "pursue new challenges," according to an internal memo held by Reuters.

Russian billionaire Roman Abramovich is close to concluding purchase of White Gardens, a top-end office complex in Moscow's business district.

Social media platform Twitter hired Nathan Hubbard as its new commerce chief. Twitter Inc. had hired Nathan Hubbard who was also the former president of Ticketmaster.

Telecom Italia announced the appointment of Mario Di Loreto who previously worked at Barilla Holding SpA's.

Accor, the world's larges hotel operator had appointed Sebastian Bazin as its new chairman and CEO.

CEO Steve Ballmer had announced resignation from Microsoft leaving the company with no apparent heir.

Jodi Arias, convicted murderer, had a few more issues up her sleeve. In a decision that has social media implications, the judge presiding over the case of Jodi Arias had postponed the date for the sentencing of convicted killer.

Former JP Mogran & Chase trader Javier Martin-Artajo had been released from policy custody after he had kept trading losses that cost the bank USD6.2 billion losses.

Eminem signals his return to the music scene through the release of his new album 'MMLP2'.

Tracy McGrady hangs up his sneakers after 16 years in the NBA. In a message made at ESPN's First Take, Tracy McGrady announced, "It's been 16 years playing the game I love.