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.

Chrysler ready to file for IPO this week- report

Chrysler CEO Sergio Marchionne told the Financial Times that Chrysler would be ready to file for an IPO this week.

Salvage operations for Costa Concordia begins

Efforts to salvage wrecked cruise liner Costa Concordia began today. The salvage operations for cruise ship Costa Concordia finally began today. Despite a three-hour delay due to thunderstorms, the team of Engineer Sergio Girotto finally started the process of righting the ship.


Latest News

The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
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.
Australia's Link Group recently acquired superannuation administration software provider Syncsoft.
Two of the biggest managed risk services providers in the world, Stiftelsen Det Norske Veritas (DNV) and Germanischer Lloyd SE (GL), got approval from competition authorities to finalize its planned merger.
At least three sources said that a recent collaboration with HCL Technologies HCL Infosystems indicated that a merger was in the works.
AT&T, with its hub in Dubai, has offered IP virtual private network services to multinationals doing business in the Gulf region and in Africa.
According to Bloomberg data, investor sentiment still had not returned to the US financial industry.
According to Axalta CEO Charlie Shaver, the Carlyle owned paint and coatings firm would benefit from car population increases in Mexico and Brazil.
A source told Reuters that Boeing Co would be picked as South Korea's supplier for its fighter jets in a KRW8.3 trillion or USD7.64 billion agreement.
In a tech conference in San Francisco, Pebble Technology founder Eric Migicovsky expressed his confidence on their smartwatch product against similar products of tech giants such as Samsung and Apple.