Bob Diamond, the former CEO of Barclays, said he planned to purchase more Barclays shares in the bank's rights offering.
People
Kaufhof's CEO downplays rumored issues
Kaufhof CEO Olaf Koch, in an interview, said the company is doing well and not considering mergers. Kaufhof, the German department store chain, is doing well but its owner Metro is planning to sell it.
PepsiCo has new AMEA CEO Sanjeev Chadha
Consumer goods conglomerate PepsiCo appoints new AMEA CEO in Sanjeev Chadha. PepsiCo Inc, the US based softdrink giant had announced its appointment of its new CEO for Asia, Middle East and Africa, Sanjeev Chadha to be made effective immediately.
Janet Yellen is leading contender to head US Federal Reserve- source
A source told Reuters that US Federal Reserve Vice Chair Janet Yellen was still the top choice to succeed Chairman Ben Bernanke in January.
Pope Francis says people not money should be the center of global economic system
Pope Francis condemned the global economic system for idolizing money. In a visit to the port city of Cagliari, Sardinia, Pope Francis attacked the global economic system.
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Former BASF SE executive Wolfgang Buechele would be replacing Linde AG current chief executive Wolfgang Reitzle next year, said the German company in a statement.
In a interview at a Harvard fundraising campaign, Microsoft chairman and founder Bill Gates admitted that the keyboard combination of Control, Alt and Delete keys to log into a PC was a mistake and should had only been one key.
According to a Bloomberg report, major shareholders like Twitter co-founder Evan Williams would stand to see a rise in the valuation of their shares in the microblogging service after Twitter's IPO.
In a Bloomberg report, the news agency said that Applied Materials Inc Chief Executive Officer Gary Dickerson's dedication to close his company's USD9.39 billion Tokyo Electron Ltd acquisition would lead him to, according to sources, move his family to Tokyo.
Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.
Capitec Bank Holdings Ltd. announced in a regulatory filing that Gerrie Fourie would be Riaan Stassen's successor for the chief executive post after the latter's retirement by the end of this year.
Foursquare co-founder Naveen Selvadurai was reported heading the mobile team of health insurance operator startup Oscar after leaving Foursquare last year.
The United States Postal Service featured Ray Charles in its new forever stamp. The United States Postal Service featured blind singer-songwriter Ray Charles in its new forever stamp.
A source told Bloomberg that Sony's Head of Marketing for its film unit, Marc Weinstock, was removed from his role.
