A permanent CEO and a new President for US business was recently installed by the board of directors of Toys R Us.
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Dismissal of eminent domain case appealed to higher court
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
House GOP leaders approve Senate proposed deal
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
PDVSA and Repsol in talks for Venezual venture funding
State oil company PDVSA and Spain's Repsol had been in talks regarding a venture funding in Venezuela, said a report from Reuters.
Boral and USG Corp announces joint venture
Australia's Boral Ltd and US peer USG Corp had announced a joint venture which would be equally owned by 50% of each company, said the companies in a statement.
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Swiss Re set to formalize a USD425 million investment for 12.3% of FWD. An investment worth USD425 million was agreed upon between Swiss Re and FWD Group, HK entrepreneur Richard Li's insurance firm.
The recent privatization of Royal Mail creates an 'equity culture' in the UK. The strong demand for Royal Mail shares could become the watershed moment where retail investors return to share sales.
GI Partners' Datacore LP acquires Regent Commons, a property with LEED certification located near the Dallas Fort Worth International Airport.
OB10 is sold to Tungsten Corp for GBP100 million. The direct investment arm of the Fleming Family & Partners, FF&P Private Equity, had announced the sale of OB10 to Tungsten Corp for the sum of GBP100 million.
Former Deutsche Bank corporate finance executive Alexandre Ness joins Investec Specialist Bank. Investec Specialist Bank announced today the appointment of Alexandre Ness to its corporate lending business unit.
The staff of Royal Mail Group Ltd. had voted to go on strike after less than a week the company had launched its IPO, claiming the public debut would put jobs at risk in the company.
Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.
Knight Capital Americas LLC had agreed to pay USD12 million with US Securities and Exchange Commission for an erroneous trading incurred last August 2012 which brought the company to the brink of bankruptcy.
Dutch cable company Ziggo had rejected the preliminary takeover offer from Liberty Global Plc saying that the bid was inadequate, reported Bloomberg.
