Vietnam's Finance Ministry submitted a proposal to relax foreign ownership restrictions by allowing foreigners to increase voting shares in non-conditional industries.
People
Riggio halts planned bid for Barnes & Noble's retail assets
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
UK Royal Baby wore sold-out blanket in first family photo
With the first official Royal Family photos out, industry observers believed that the arrival and continuous media exposure of Prince George Alexander Louis of Cambridge will help boost the UK economy, especially small and medium-sized enterprises (SMEs).
Serbia government possibly opens Telekom for sale
Serbia's government posts on the possibility of selling Telekom Srbija AD. Serbia is not closing its doors in the possibility of selling its main telecommunications provider Telekom Srbija AD followed by the expression of interest of two main companies namely The Dogus Group Of Turkey and Sabanci Group.
Falcone admits wrongdoing, agrees to SEC ban
Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
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Former Lloyds Banking Group Plc executive Andrew Geczy was appointed as new Head to the International and Institutional Banking division.
Former Union Square Advisors Partner and COO, Elias Mendoza, is Siris Capital Group's new Managing Director of Investment Development and Strategy.
It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
Former press mogul Conrad Black was barred from directorships by the US Securities and Exchange Commission and ordered him to pay USD4 million to Chicago Newspaper Liquidation Corp.
The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.
Prime Minister Manmohan Singh of India said the country will not replaying the crisis that occurred in 1991 even as it experiences its slowest growth in a decade.
US Airways and American Airlines promised to fight the antitrust lawsuit filed by the US Department of Justice, of which halted the airline companies' USD 11 billion merger.
BlackBerry CEO Thorsten Heins would make USD55.6 million if he sells the corporation and is ousted from his position.
Yahoo Inc named Maynard Webb as the company's chairman, as Marissa Mayer continued her efforts to turn the internet corporation around.
