Three Suntech Power Holdings Co Ltd directors resigned amid the company's struggling financial difficulties.
Investors
Consortium bids for Simcere Pharma Group
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Hesse economy minister says sale of Commerzbank an option
Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.
Ashok Vemuri resigns from Infosys board
Despite being next in line as chief executive of Infosys Ltd, Ashok Vemuri resigned from the company's board.
Frankfurt court clears Deutsche Telekom of overcharging
Deutsche Telekom was cleared of any wrongdoing in lawsuit filed by Kabel Deutschland. Deutsche Telekom emerged victorious when a Frankfurt court dismissed an overcharging case filed against the telecommunications company.
Latest News
A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
A source told Reuters that JPMorgan has bee pressured by finance authorities to settle at least USD6 billion in mortgage claims.
Crowdfunding sites like Kickstarter would now be used by entrepreneurs to find testers for their products.
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
