Christoph Franz, the CEO and Chairman of Roche Pharmaceuticals, is discussing an exit plan with Deutsche Lufthansa as he is set to become the new Chairman of Roche.
Sectors
Tata Motors continues investment despite slowdown
The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.
India Infoline Finance planning to expand its network
The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Mortgage rates hindering housing recovery
Economists view that the housing recovery is hindered by increasing mortgage rates. In August, the purchases of previously owned homes declined from the previous month.
Former Lehman Brothers employees help wind down bank's business
Tom Bolland, current COO of Lehman is helping wind down the bank's business. Tom Bolland, current chief operating officer of Lehman Brothers International Europe, is under the employ of Tony Lomas, joint administrator and PriceWaterhouseCoopers Partner, is providing assistance as the bank winds down its business and maximizes its recoverable assets.
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With Portugal being the poorest Western European nation and having record numbers for unemployment, the lowering of allotments for food aid would affect a great many Portuguese.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
After unwinding the most complex bankruptcy case in history, Lehman Bros would be paying out full value to its European creditors.
In the fifth year after the so-called 'Great Recession', Obama highlights the gains made by the US economy as a better capitalized and better regulated economy.
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
Germany, in order to avoid a protracted legal process, is leading the way to find a compromise in the creation of the EU banking union.
Miley Cyrus latest hit "Wrecking Ball" was predicted to hit the no.1 spot in Billboard Hot 100 next week, according to the Huffingtonpost.com.
US President Barack Obama appointed Jeffrey Zients as his top economic adviser replacing current adviser Gene Sperling.
The US Securities and Exchange Commission said last Saturday it did not reject a proposed settlement with fund managers at Reserve Management Co. as there was nothing to consider.
