Nissan surges 12% most since 2009 on $3.5-bln buyback

Registering the highest since April 2009, Nissan Motor Co's stock surged 12 percent following its buyback news. Nissan has announced its plan to buyback $3.5 billion worth shares.

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United Spirits Chairman Resigned, Taking Diageo’s Offer of £53m to Walk Out

The King of Good Times, or Vijay Mallya, reached an agreement with spirits giant Diageo to leave the booze business. He is resigning his position as United Spirits Ltd chairman while Diageo takes full management ownership of the company.

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At China's Alibaba, chairman Ma's dealings raise red flags

Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.

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Hannes Smarason facing whole slew of cases

Hannes Smarson is facing embezzlement charges is his role in the misappropriation of funds from FL Group hf during his time as its chairman.

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DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.

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JSW Steel acquires cement grinding facility

JSW Steel's acquisition would be consummated 'only after obtaining all relevant approvals required under applicable laws' according to the filings done at the BSE.

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PepsiCo has new AMEA CEO Sanjeev Chadha

Consumer goods conglomerate PepsiCo appoints new AMEA CEO in Sanjeev Chadha.

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Consolidated Edison CEO and Chairman to retire by year's end

Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.

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Federal Reserve in turmoil after Summers' withdrawal

The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.

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Lufthansa CEO set to be next Roche Chairman

Christoph Franz, the CEO and Chairman of Roche Pharmaceuticals, is discussing an exit plan with Deutsche Lufthansa as he is set to become the new Chairman of Roche.

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Swiss National Bank Chairman Thomas Jordan calls out more requirements for banks

According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.

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Raiffeisen Bank Int'l to tighten controls in light of latest controversy

Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.

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