Billionaire Eike Batista pledged $1Billion of his personal wealth for BNDES Loan (Photo : Reuters)Billionaire Eike Batista pledged his personal wealth for BNDES Loan.
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Batista quits MPX
Brazilian billionaire resigned from his company, MPX Energia. (Photo : Reuters)This is Brazilian billionaire Eike Batista. Brazil's richest man Eike Batista said today that he resigned as the chairman of MPX Energia SA.
P&G makes investment on Bollywood
Proctor & Gamble employed a Bollywood actress as new ambassador. (Photo : Reuters)Bollywood is a very influential industry in India. Proctor & Gamble employed a new strategy as it tries to penetrate the stronghold of Colgate Palmolive Co.
Bond Funds Loses US$60 Billion, Fed Rattles Markets
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.
Simon Murray New Gulf Keystone Chairman
Gulf Keystone appointed Simon Murray as new Chairman (Photo : Reuters)Gulf Keystone Petroleum appointed Simon Murray as new chairman Gulf Keystone Petroleum appointed former Glencore chairman Simon Murray as their new chairman.
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Zynga's newly hired CEO, Don Mattrick was lured in the company with a US$50 million compensation package.
Microsoft CEO Steve Ballmer gave Skype president Tony Bates acquisitions and relationship roles for the company.
Michael Dell’s US$24.4 billion bid to take Dell Inc private mounted odds as the Institutional Shareholder Services firm lean against the offer and the company’s board urged the founder and his partners to increase their bid.
AMP Capital Investors Ltd resumed acquisition of Japan’s stock with expectations that Japan’s Prime Minister, Shinzo Abe would win upper house votes.
Roy Martin was appointed to head Truven’s Commercial Division. (Photo : Reuters)The image shows the logo of Truven Health Analytics, which recently appointed Roy Martin to head its commercial division.
JP Morgan Chase cleared Hannam of market abuse charges today. (Photo : Reuters)This is the logo of JP Morgan Chase. Ian Hannam said today that JP Morgan Chase & Company cleared him of any charges previously attributed to him.
Chinese entrepreneur Cai Rongjun became a billionaire after his touchscreen manufacturer company advanced its stocks.
Celesio fired its CEO Markus Pringer prompting a drop in its share value. (Photo : Reuters)This is the corporate logo of Celesio. German drug distributor Celesio AG fired its chief executive officer Markus Pinger today due to "different opinions of the management of the company.
Arch Therapeutics announced three new positions filled on Wednesday. (Photo : Reuters)A woman readies for a surgical procedure. Arch Therapeutics, developer of the AC5 bleeding control product, announced on Wednesday that Dr.
