Sectors
JBS buys Seara Brasil and Zenda from its rival Marfrig
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
Petronas Sees US$20 Billion Investment for Canadian LNG project
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Fannie Mae Shareholders Challenge US Takeover
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Lululemon CEO to Retire
Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.