Robinsons cuts biggest IPO in the Philippines by up to a third

Philippines' Robinsons Retail Holdings Inc. had decided to cut its public offering debut price by up to a third, said a report from Reuters.


IT provider Tieto to cut more jobs

Finnish IT services provider Tieto had planned to reduce its workforce by a further 5% following last year's job reduction, said a report from Reuters.

Danske Bank fires Head of Treasury Steen Blaafalk

Danske Bank dismissed its Head of Treasury Steen Blaafalk. According to a Bloomberg report, Danish lender Danske Bank had fired its Head of Treasury Steen Blaafalk.

Facebook acquires app-maker Onavo

Facebook Inc. had agreed to buy Onavo, an Israeli startup app-maker company, said a report from Reuters.


Latest News

ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.
Tropical Storm Octave could flood some parts of Texas when it makes landfall sometime this week. According to The Inquisitor, Tropical Storm Octave could bring heavy rains and potential flooding in the Southwestern portion of the US.
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
The new fund of private equity firm Cudos Capital, which is co-founded by former Austrian chancellor Alfred Gusenbauer, would seek to raise EUR150 million.
Investors were forced to short sell, or sell securities it does not own, due to the prolonged partial government shutdown.
Analysts predicted that the Bayerische Motoren Werke (BMW) AG's move to withdraw its expansion plans in South Africa could affect the country's economy.
More than 380 people were arrested in a race riot that occurred Sunday in Moscow. Police authorities in Moscow apprehended more than 380 people in a race riot on Sunday.
According to pundits and observers, Berkshire Hathaway Inc chief Warren Buffett had resorted to a different management approach in hiring new chief executives for his business units.
Porsche released teaser photos of its 2014 sport utility vehicle or SUV model, the Macan. German carmaker Porsche released teaser photos of its 2014 Macan for its fans.
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