Despite a beleaguered international division, Qantas Airways posted an annual profit of AUD5 million.
Investors
Investors take 94.5% of ENRC founders' buyout offer
Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer. Founders of the Eurasian Natural Resources Corporation (ENRC) announced that investors had already accepted 94.
Playtech to spend over EUR 600 million for strategic acquisitions
Playtech said it intended to spend more than EUR 600 million for acquisitions to capitalize on the increased use of mobile devices for online betting.
Vivendi wants to close sale of Maroc Telecom unit this year
Vivendi CFO said the company still plans to complete the sale of its Moroccan unit this year. French multinational mass media and telecommunications company Vivendi said that it is still aiming for the sale of Maroc Telecom by the end of 2012.
Google executive departs, moves to Xiaomi
Android vice-president Hugo Barra left Google amid marriage troubles between Sergey Brin and Anne Wojcicki.
Latest News
Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.
MMG Ltd expressed interest in working together with partners as it seeks to further grow its business.
Barclays hired investment bankers Paul Knight and Michael Rawlinson to lead its global metals and mining team.
Blackrock Inc victorious in court battle as U.S. district judge dismisses compensation lawsuit. A U. S. judge dismissed a lawsuit filed against BlackRock claiming it looted securities-lending revenues from iShares exchange-traded funds investors.
Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup. Former board member Bill Ackman is officially through with the retailer.
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Capital One hires former bankers to spearhead the credit card company's expansion into the energy business.
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
