Saturday, September 13, 2014
Hertz announced Thursday that it had agreed to accept three of activist shareholder Carl Icahn's nominees on the rental car company's board, two of whom will help pick a new chief executive.
Barclays Chairman David Walker will step down next year, the British bank said on Friday, having spent more than two years steering the business through fallout from the Libor rate-rigging scandal.
Eastman Chemical Co. said Thursday it would pay US$1.7 billion in cash to take over Taminco Corp, the world's largest maker of alkylamines, crucial to the pharmaceutical industry and others.
The European Union's antitrust authority says it has approved the bid by Britain's BSkyB to create a multinational pay TV network by taking control of its sister companies in Italy and Germany.
Friday, September 12, 2014
Bungie studio's new science fiction action video game “Destiny” landed in the record books on Wednesday, boasting the biggest ever launch of a new franchise.
Following the unveiling of Apple's iPhone 6 handsets and the ApplePay service, local third-party payment platform developers yesterday urged the government to furnish Taiwanese companies with a fighting chance against the U.S.-based heavyweight.
Ferrari, a byword for flashy sports cars, hit rough ground Wednesday with the shock announcement that its president of 23 years, Luca Cordero di Montezemolo, has been pushed out.
The wall of fame of Manchester United managers still informs Old Trafford visitors that a “new chapter has begun” under David Moyes. In reality, it was a short, painful chapter in United history that will cost around US$90 million, the club disclosed on Wednesday.
T-Mobile will sell more than 100 smartphone models with a built-in feature that taps into Wi-Fi networks to make phone calls and send texts when customers can't connect to the wireless carrier's cellular network.
Russian gas giant Gazprom on Thursday posted a 41-percent year-on-year plunge in net profit in the first quarter of 2014 partly due to Ukraine's gas debt, the company said.