Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times reported, citing people familiar with the matter.
Facing rumors that he could face pressure to quit, Italian Prime Minister Matteo Renzi hit back on Sunday against criticism from business leaders and dared his opponents to challenge him in parliament.
Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.
Jack Ma, executive chairman of Alibaba Group Holding Ltd (BABA.N), has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.
If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp (ORCL.N)? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz.
The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.
Inside Alibaba, where co-founders are revered like rock stars, relatively few employees know about the soft-spoken executive who for years kept his same cramped office, unfashionable clothes and the self-effacing demeanor of a metalworker's son.
Microsoft Corp co-founder Paul Allen's charitable foundation on Thursday will announce it is donating $9 million to support U.S. efforts to fight the Ebola outbreak in West Africa, a source familiar with the matter said.
Stephen Hawking's new book, 'Starmus,' has a preface addressing the 2012-discovered Higgs boson, stating that it could become unstable and produce an expanding vacuum bubble to end the universe. However, scientists, and even Hawking himself, countered that it will not happen any time soon, as the particle accelerator big enough to destabilize the particle does not exist.
Singer Jill Scott's alleged photos have also surfaced along with naked photos of other celebrities following a massive hack. According to the singer, the photo of her in a robe was authentic and used to chronicle her weight loss, but the other one of her naked is a fake.
Zayn Malik and Perrie Edwards will be back in each other's arms soon, as One Direction's 10 day break coincided with Little Mix album-making break. Will they finally get to talk about the details of their wedding?
Robin Thicke and Katie Holmes are allegedly dating, but with Holmes busy being a mother to Suri and Thicke partying drunk and ignoring police officers, this rumor may prove to be untrue.
Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said on Wednesday.
It is not sure whether Kaley Cuoco--Sweeting will be pursuing the distributor of her private photos, but the actor seems to have moved on from the issue and is making a laugh about it by posting a photo of herself with her husband with their private parts blurred out.
Pakistan's parliament threw its weight behind embattled Prime Minister Nawaz Sharif on Tuesday as a deepening crisis over violent protests demanding his resignation prompted fears of an army intervention.
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