US conglomerate General Electric gained the European Union's approval to buy Avio for US$4.3 billion.

Anthony Zook said that he will accept the job as CEO of First Manhattan if it wins the conflict against Vivus Inc.

Gold Coast Mining’s new CEO to be named on July 8, 2013. (Photo : Reuters)A miner busy at work. Gold Coast Mining's Board of Directors announced today that it has chosen a new Chief Executive Officer (CEO), whose identity shall be revealed upon his induction into office on July 8.

Berkshire announced today that it has named Lori Spoon Rafkin as its new senior vice president. (Photo : Reuters)The image is the corporate logo of Berkshire Hathaway Inc.

Ares Management hired Jeffrey Kramer as new portfolio manager. (Photo : Reuters)This is the Los Angeles business district, where Ares Management is headquartered.

Philippine-based company AG&P closed its Series C investment round. (Photo : Reuters)The Philippine flag waves over a ship. Atlantic, Gulf and Pacific, more commonly called AG&P, has raised over US$53 million in Series C equity funding in its latest round of investment.

Maytech Communicatios said that MXC Capital invested on the company. (Photo : Reuters)This is the logo of MXC Capital. Maytech Communications announced on Tuesday that the company will be backed by MXC Capital, a specialist investment and advisory company based in the United Kingdom.

Investment banks were eyeing hedge funds due to Goldman Sachs fund earnings of about US$58 million in not more than two months.

Serco won a contract with US Department of Health worth US$1.25 billion which resulted to 6.2% soar of its shares.

Mnemosyne gets $6.9 million financing for schizophrenia and Rett Syndrome treatments. (Photo : Reuters)Mnemosyne’s efforts are focuse at drug discovery for treatment of schizophrenia and Rett Syndrome.