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Citigroup names Zdenek Turek as Western Europe head

Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.


Men's online shop Combat Gent gains $1.84 million in seed money

Combat Gent announced today that it has received $1.84 million in seed funding. (Photo : Reuters)This is the logo of Combat Gent. Online men's merchandise retailer Combat Gent received $1.

PwC Reports Payout to Lehman Bros Europe Creditors

PricewaterhouseCooper, the administrators over the Lehman Brothers Europe post 2008, has announced the payout of a partial sum for unsecured creditors.

Cochran named Senior Director of Tech Valley Communications

Tech Valley Communications announced the hiring of Robert Cochran as its new senior director of sales engineering.


Latest News

Fitness company Surge Performance Training acquires $750,000 in capital funds. (Photo : Reuters)This is an image of people working out. Surge Performance Training, responsible for several celebrity trainings, emerged from stealth today, saying it has raised $750,000 in seed funding.
Roman Abramovich's Ervington Investors agreed to fund Linc Energy's study on UCG. (Photo : Reuters)The image is an Australian coal deposit mound.
Carlyle Group and Seven Group Holdings cancelled its sale of Coates Hire. (Photo : Reuters )A consortium led by Carlyle Group and company management agreed to take Chinese economy hotel chain 7 Days Group Holdings Ltd private.
Platina Partners sells five of its wind farms to an unknown investor. (Photo : Flickr/slettvet)Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161-megawatt facility located in Oldham County, Texas.
Chinese security agency CSRC halted the upcoming IPO of Tianfon as part of its anti-fraud campaign. (Photo : Reuters)The Chinese flag waiving in front of rising business sectors The government of China is reported to have started its investigation of Everbright Securities Co.
King Inc., developer of Candy Crush Saga, hired three banks to prepare for IPO. (Photo : Reuters)This is a tablet with apps and games installed. Famous digital game "Candy Crush Saga" developer King.
Muzy, a San Francisco-based micro-blogging company, raised $4.4 million in investments. (Photo : Reuters)The image is a computer mouse being used. Muzy, a mobile micro blogging services developer, recently announced its $4.
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
Ryainair said that it will give back Eur1 billion to its shareholders within two years. Europe's largest discount airline, Ryanair Holdings Plc, announced today that it will give back Eur1 billion or $1.
During its annual shareholders' meeting, Cole Real Estate Investments voted to approve the amendments for its company's charter along it to be listed in the New York Stock Exchange by June 20, 2013.