Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator. Sunshine Oilsands Ltd recently announced the receipt pf the final Alberta Energy Regulator approval and received Commercial Scheme Number 12010 for the Thickwood Project.
Firm Management
Mirza Adityaswara is new central bank deputy
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Danske Bank fires its CEO
Eivind Kolding's reign as Danske Bank CEO ended when the bank fired him. In a surprise decision, Eivind Kolding, Danske Bank A/S CEO was fired after less than two years on the job.
Franz quits as Lufthansa CEO for Roche chairmanship
Lufthansa said CEO Christoph Franz had left the company to become the Chairman of Roche Holding. Deutsche Lufthansa announced that its Chief Executive Officer Christoph Franz had already left the company.
Tencent surpasses USD100 billion mark
Tencent joins a handful of companies that is now worth USD100 billion. Less than ten years from its public listing, Tencent Holdings Inc's market value had surpassed USD100 billion.
Latest News
HTC Corp. had cut the number of its US based workers, a move which the company referred a streamline on its operations after a period of growth.
Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.
Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.
Lippo Group owned by Indonesian tycoon Mochtar Riady said it had been looking to acquire real estate assets in the US after signs of economic recovery were seen the world's biggest economy.
Rabobank Groep would open its first commercial banking branch in Turkey with a USD300 million in capital after it got regulatory approval last month.
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.
A new marketing campaign is being rolled out by Zurich Insurance to assure the public that it is business as usual despite the suicide of its CFO and resignation of its Chairman.
In an interview with a German daily, Volkswagen CEO Martin Winterkorn confirmed plans to increase its stake in the Chinese venture with FAW Group.
Lawrence Summers, ex-economic aide to US President Barack Obama, had withdrawn from consideration to succeed Federal Reserve outgoing chair Ben Bernanke.
