Steven A. Cohen is at the brink of cutting down a number of his staff after more investors are expected to pull out their money.
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Simon Nixon to Sell Nearly 15% Stake of Moneysupermarket.Com
Moneysupermarket.Com founder Simon Nixon sells nearly 15% stake of the firm, his first ever disposal since the company got listed in 2007.
CT Corp to Buy 80% Stake of Telkomvision
CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.
Microsoft Founder, Bill Gates Invest US$35 Billion for ReasearchGate
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
Paradis Squashes Telus Takeover Deal Application for Mobilicity
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
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At age 69, the UBS wealth management senior vice president George Weiler III died after suffering a heart attack.
Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.
Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
Murthy returns as Chairman of Infosys, a post he last held in 2011. Infosys Ltd, the second largest Indian IT services firm, has faced disappointing outcomes and decreasing market share in the past few months.
Kinder Morgan Energy Partners LP has announced the cancellation of a $2 billion worth of project for Freedom oil pipeline.
The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.
