After interviews were held last week, Gulf Keystone's board of directors would advise the shareholders not to vote for the M&G nominees.
People
Employee stock sale puts Kabam's value at US$700 million
An employee stock sale placed Kabam's value at US$700 million. Kabam's employees were allowed to sell common stocks worth US$38. 5 million. The results of the private transactions placed the value of the videogame maker to US$700 million.
Ex IMF chief joins the board of Rosneft-owned bank
Dominique Strauss-Kahn joins the Russian Regional Development Bank, a Rosneft-owned bank. Dominique Strauss-Kahn joined the supervisory slate of a bank owned by Rosneft, a Russian state oil major.
Puzey & Payne acquired by management
Puzey & Payne was acquired by its management through a buyout. Puzey & Payne was acquired by its management through a management buyout. This was after the car dealership unit was disposed by its parent group Zimplow Holdings.
Abramovich invests EUR81 million in Truphone
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Latest News
US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.
The Chinese news agency issued the corrected statement after analysts made speculations about the published report.
Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.
US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.
Metta World Peace was released by the Los Angeles Lakers via the amnesty clause. "I don't really want to play for anybody," said Metta World Peace in an interview with ESPN Los Angeles.
After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
