Lufthansa said CEO Christoph Franz had left the company to become the Chairman of Roche Holding. Deutsche Lufthansa announced that its Chief Executive Officer Christoph Franz had already left the company.
Sectors
Mirza Adityaswara is new central bank deputy
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Dubai Investments' Masharie sells Anchor Allied Factory equity stake to Alkhabeer Capital
Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.
Okta announces completion of Series D funding round
In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.
New Zealand Prime Minister vows to reach NZD5 billion revenues from asset sales
NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.
Latest News
Chrysler CEO Sergio Marchionne told the Financial Times that Chrysler would be ready to file for an IPO this week.
Efforts to salvage wrecked cruise liner Costa Concordia began today. The salvage operations for cruise ship Costa Concordia finally began today. Despite a three-hour delay due to thunderstorms, the team of Engineer Sergio Girotto finally started the process of righting the ship.
Tencent joins a handful of companies that is now worth USD100 billion. Less than ten years from its public listing, Tencent Holdings Inc's market value had surpassed USD100 billion.
Jerry Tse of Macquarie Capital was hired by DBS Group Holdings to become the CEO of its investment bank in Hong Kong.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator. Sunshine Oilsands Ltd recently announced the receipt pf the final Alberta Energy Regulator approval and received Commercial Scheme Number 12010 for the Thickwood Project.
Australia's Link Group recently acquired superannuation administration software provider Syncsoft.
Two of the biggest managed risk services providers in the world, Stiftelsen Det Norske Veritas (DNV) and Germanischer Lloyd SE (GL), got approval from competition authorities to finalize its planned merger.
At least three sources said that a recent collaboration with HCL Technologies HCL Infosystems indicated that a merger was in the works.
