Fiat pledged EUR1 billion in a Mirafiori plant as it aimed to boost the sale of its luxury mode line-up said a union leader.
Sectors
Sanlam seeks to invest in Southeast Asian life insurer
South African financial services group Sanlam said it was scouring Southeast Asia to invest in a life insurer.
Cathay opposes Qantas' HK budget carrier venture
Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.
Reggie Browne, senior managers to leave KCG Holdings
Prominent exchange-traded funds (ETF) market desk keeper Reggie Browne and at least two senior managers would be leaving KCG Holdings Inc.
Berstein to lead Goldman's venture capital client group
Goldman Sachs Group Inc. co-heads Richard Gnodde, David Solomon and John Weinberg announced the appointment of Stuart Berstein as head of the investment banking firm's venture capital client group.
Latest News
Agilent Technologies Inc. announced that it had agreed to an acquisition deal for some assets in ABC Instrumentación Analítica (ABCIA).
Arthur J. Gallagher & Co. announced acquisition of Giles Group of Companies for GBP237 million. Arthur J. Gallagher & Co. had agreed to purchase Giles Group of Companies for GBP237 million.
The Canadian Imperial Bank of Commerce said that it had been seeking CAD1 billion wealth management acquisitions as it tried to boost profit.
A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.
Pexco LLC announced to buy Spectrum Minnesota, an injection molder of advanced thermoplastics operator.
HSBC Holdings had appointed former Marks & Spencer CEO Stuart Rose for an advisory role in the company.
Bank of America said it would sell its 2 billion shares in China Construction Bank Corp. Bank of America Corp had expected to end an eight year investment in China Construction Bank Corp.
iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
