The search for the new head of Microsoft would be a closely-watched development in the technology industry.
Investors
EU agency to manage weak banks and deep debts to be set up post-German elections
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
Report says Samsung to invest USD 500 million in China
A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.
Goldman Sachs, JPMorgan, Bank of America scramble to fund Rue21 acquisition
JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.
Grohe gets bids from peers- sources
Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
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Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government.
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
According to the Bloomberg Billionaire's Index, Ortega recently passed Buffett as the world's richest individual.
OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.
Petrobras, in a campaign to raise funds for its pre-salt mine exploration, had sold some of its stakes and pipelines in Colombia.
