People

U.S. securities regulator bars Conrad Black from U.S. directorships

Former press mogul Conrad Black was barred from directorships by the US Securities and Exchange Commission and ordered him to pay USD4 million to Chicago Newspaper Liquidation Corp.


Bank of England robust job data raises doubts on rates

The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.

India not going back to 1991 crisis - PM

Prime Minister Manmohan Singh of India said the country will not replaying the crisis that occurred in 1991 even as it experiences its slowest growth in a decade.

US Airways, AA promise to fight antitrust lawsuit filed by US government

US Airways and American Airlines promised to fight the antitrust lawsuit filed by the US Department of Justice, of which halted the airline companies' USD 11 billion merger.


Latest News

Daniel Loeb's hedge fund Third Point LLC purchased a USD113.7 million stake in Walt Disney Co. The Third Point LLC of Daniel Loeb purchased a USD113.
US District Judge William Alsup said singer songwriter Chubby Checker could sue Hewlett Packard Co for infringing his trademarked name.
Spain may seriously consider taking their Gibraltar dispute with Britain to the United Nations for support on the issue.
Swire Pacific chairman Christopher Pratt, retires and is replaced former Cathay Pacific chief executive officer.
The venture firm hires Todd Papaoiannou as its Entrepreneur in Residence. An infrastructure venture hedge fund focused on early stage Big Data developments had recently announced that it had appointed Dr.
Former 'That 70's Show' star Lisa Robin Kelly passes away in her sleep while in rehab.
Marion Bartoli, the latest winner of Wimbledon, recently announced her retirement from the game. After her recent surprise win at the center court of Wimbledon, Marion Bartoli surprised the tennis world by announcing her retirement from the sport.
Michael Faber, the CEO of investment firm NextPoint Management Company, was appointed as a member of the board of CPI Aerostructures.
Manuel B. Villar, Founder and Chairman of Vista Land & Lifescapes and Starmalls, revealed that they would be opening more malls and convenience stores in 2014.
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.