Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.
Sectors
Woori Finance Holdings closes preliminary bidding
Woori Finance Holdings closed its preliminary bidding to privatize the largest financial company in South Korea.
EDF partners with Areva, Chinese firms to build nuclear plant in UK
French utility company Electricite de France (EDF) would be joining forces with Areva and two Chinese nuclear firms to build a nuclear power plant in the UK.
Zimbabwe needs a USD5.3 billion investment and stable policy to boost platinum output - report
A Chamber of Mines report said with enough investment and stable mining policies, South Africa could compete with Russia for the recognition as the second largest platinum producer.
China to sell municipal bonds in efforts to wipe out local government debt
Chinese government think-tank Development Research Center had proposed a lift of the ban to sell bonds in order to reduce its local governments' USD4 trillion debt.
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Private equity-backed Merlin Entertainment Group would be conducting a share sale to raise GBP 200 million in London.
Sources told Bloomberg that Charterhouse Capital Partners was considering a GBP 1 billion offer for G4S's cash solutions unit.
For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.
Coal India's CEO S. Narsing Rao would try to convince brokerage firms to invest in the state run mining firm from India.
After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.
With more data being created every second, the Cray supercomputer becomes more relevant for the industry.
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.
The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.
