NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.
Sectors
BBC Worldwide, Ragdoll Productions sell "Teletubbies" to DHX Media
BBC Worldwide and Ragdoll Productions sold "Teletubbies" to DHX Media. BBC Worldwide and Ragdoll Productions sold the joint venture firm that owns the rights to "Teletubbies," "In the Night Garden" and "The Adventures of Abney & Teal" to DHX Media.
TorQuest closes Fund III with USD 535 million
TorQuest announced the closing of its third fund with USD 535 million. Canadian private equity firm TorQuest announced that it was able to raise USD 535 million for its third fund.
Golden Equity Investments acquires Innovative Medical Device Solutions
IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.
Mirza Adityaswara is new central bank deputy
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Latest News
KPN shareholders would meet to study American Movil's bid. Dutch phone company Royal KPN NV had been awaiting a bid from America Movil SA with a planned sale of its German wireless business in order to avoid paying taxes on its future earnings.
Eivind Kolding's reign as Danske Bank CEO ended when the bank fired him. In a surprise decision, Eivind Kolding, Danske Bank A/S CEO was fired after less than two years on the job.
Lufthansa said CEO Christoph Franz had left the company to become the Chairman of Roche Holding. Deutsche Lufthansa announced that its Chief Executive Officer Christoph Franz had already left the company.
Chrysler CEO Sergio Marchionne told the Financial Times that Chrysler would be ready to file for an IPO this week.
Efforts to salvage wrecked cruise liner Costa Concordia began today. The salvage operations for cruise ship Costa Concordia finally began today. Despite a three-hour delay due to thunderstorms, the team of Engineer Sergio Girotto finally started the process of righting the ship.
Tencent joins a handful of companies that is now worth USD100 billion. Less than ten years from its public listing, Tencent Holdings Inc's market value had surpassed USD100 billion.
Jerry Tse of Macquarie Capital was hired by DBS Group Holdings to become the CEO of its investment bank in Hong Kong.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator. Sunshine Oilsands Ltd recently announced the receipt pf the final Alberta Energy Regulator approval and received Commercial Scheme Number 12010 for the Thickwood Project.
