Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.

Kuwaiti Sheik Meshal Jarah al-Sabah sued UBS AG in a Dubai court valuing the case at US$21.4 million.

Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.

Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.

Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.

Jefferies & Co backed billionaire Carl Icahn's bid for the computer maker Dell Inc. with US$5.2 billion loan.

John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.

Intacct included Jeff Epstein into its board of directors. (Photo : Reuters)This is the logo of Intacct. Intacct, a cloud financial and management firm based in San Jose, California, said on Friday that Jeff Epstein, former Chief Finance Officer and executive vice president of Oracle, will be joining the company's board of directors.

TubeMogul named Chip Scovic as its new Chief Revenue Officer. (Photo : Reuters)The image is a sample of the power of web video advertising. Google's former head of media platforms businesses for independent agencies and advertisers Chip Scovic was announced as TubeMogul's new chief revenue officer.

Michael urged stakeholders of Dell Inc. to vote in favor of his buyout proposal prior shareholder's meeting next month.