Business planning
Eurex has secured the services of Satish Nandapurkar, the Chicago Mercantile Exchange's managing director of products and services, to lead its US futures exchange, marking a significant coup for the German-Swiss operator as it readies for the launch of its new venture. This move comes as the Chicago
Business planning
The board of Hollinger International has formed a committee to review the conditional takeover offer by the Barclay brothers, valuing the company at $466.5 million. The committee will consider the terms of the offer, including liability transfer, and will evaluate whether the Barclays intend to accept all potential liabilities
Business planning
Veritas, the California-based storage software company, has made its third major acquisition in the utility computing space with the purchase of Ejasent, a US computing application company, for $59 million. The move is part of Veritas's strategy to establish itself as a market leader in the emerging sector
Business planning
Stoke-on-Trent's Sterilox Technologies has emerged as a remarkable example of a UK start-up that has successfully commercialized a patented technology for producing a cheap, effective, and non-toxic disinfectant with multiple uses. Founded on a Russian scientific innovation, Sterilox has relied heavily on UK universities and companies, such as
Business planning
Commerzbank's decision to cancel employee pension schemes for 26,000 staff in Germany has raised concerns among employees, who fear it will undermine worker motivation and lead to staff seeking employment elsewhere. Analysts are mystified as to why the bank would risk alienating workers to secure relatively small
Business planning
The South Korean financial crisis continues to deepen as creditors and government officials clash over the fate of LG Card, a troubled credit card issuer. The company's shares have plummeted to a record low of ₩2,530 after creditors requested a joint takeover, with some even opposing the
