Macquarie Group Ltd. Chairman David Clarke , the longest serving member of Australia’s biggest investment bank, has resigned due to ill health, 19 months after returning to the post following cancer treatment.
Gina Rinehart, Asia’s richest woman, is fighting an Australian regulator demanding financial records of her closely held company, widening efforts to maintain her privacy after losing a separate battle with her children.
Australian Prime Minister Julia Gillard’s government should keep out of disputes about wages and job security that have disrupted Qantas Airways Ltd. flights and BHP Billiton Ltd. mining, the nation’s top union leader said.
United Technologies Corp. agreed to sell its Hamilton Sundstrand industrial unit to Carlyle Group LP and BC Partners for $3.46 billion as the company raises cash to pay for aerospace supplier Goodrich Corp.
A former employee at Johnson & Johnson ’s U.K. unit who admitted to joining a scheme to pay bribes to Greek doctors had his prison sentence overturned in a ruling that may still limit the U.K. Serious Fraud Office ’s ability to offer plea bargains.