GEMS Education Ltd. is seeking to raise between $650 million and $1 billion as the world’s biggest privately owned provider of school education aims to expand before considering an initial public offering.
Reckitt Benckiser Group Plc said finance chief Liz Doherty will be replaced by a veteran of the health care industry, signaling Chief Executive Officer Rakesh Kapoor’s increasing emphasis on more profitable consumer-health and pharmaceutical products over traditional household goods.
On April 14, 2011, James Fan stood on a parking garage landing at Newark Liberty International Airport, a cheer-you-up letter from his young son in his pants pocket, the prospect of a four-story leap facing him.
Alex Mantovani scanned Miami’s financial district from the fourth-floor office of Brazilian digital marketing company Grupo Avadora he opened in January. Golden keys to the city and the county, symbols of welcome, lay on a table.
UnitedHealth Group Inc., the largest U.S. provider of medical coverage, will join the Mayo Clinic in a research alliance designed to merge insurance records and medical data to find more efficient ways to deliver care.
Nuance Communications Inc., a maker of speech-recognition software, plunged the most in more than six years after the company lowered its full-year sales and earnings forecast as new technology curbed use of older transcription services.