Global Alliance News
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SAP AG, the biggest business- management software maker, will start employing more people with autism as software testers, programmers and in data management.
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PSA Peugeot Citroen Chief Executive Officer Philippe Varin is seeking to improve the company’s financial ratios and increase its market value, and doesn’t exclude the possibility of a global alliance once this has been achieved, French daily La Tribune reported.
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OAO Rosneft’s $55 billion takeover of TNK-BP creates an empire stretching from Russia’s Far East to Venezuela that pumps almost 5 percent of the world’s crude.
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IAG SA Chief Executive Officer Willie Walsh, who led the company’s creation via a merger of British Airways and Spain’s Iberia, said he favors a further bout of consolidation to boost revenue while paring costs.
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Banks agreed to pay about $15.5 billion to settle claims by about 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, said the chairman of a group of law firms representing victims.
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Latam Airlines Group SA, created by the merger of carriers based in Chile and Brazil, will join Oneworld, giving the global alliance a victory over rival Star.
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Virgin Atlantic Airways Ltd., best- known for long-haul flights to New York and the Caribbean, is poised to roll out a third domestic route in a bid to funnel more passengers from northern Britain to its London hub.
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Banks agreed to pay about $15.5 billion to settle claims by about 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, said the chairman of a group of law firms representing victims.
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Cobbetts LLP, which has almost 500 employees in four offices, becomes the first major U.K. law firm to seek protection from creditors since 2010.
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The U.S. should cooperate more with other countries on cross-border investigations of cybercrime to bolster national security and protect consumers from identity theft, witnesses told lawmakers during a Senate hearing today.
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