Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks that have obstructed Chief Executive Sergio Marchionne’s efforts to combine the two automakers’ resources. The agreement, announced on Wednesday, cements Marchionne’s reputation as the industry’s […]
Business News
Guinea Insurance Appoints New MD
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guinea Insurance Plc Monday announced the appointment of a new Managing Director (MD) in person of Polycarp Osee Didam. This is contained in a notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria. Didam was born on 21st December […]
Insight: AOL banks on HuffPost to turn profitable next year
It’s the holiday season and Arianna Huffington, the influential woman behind the popular news website that bears her name, is busy buying sweaters – some 700 of them – as gifts to her employees. From brands like J.Crew and White + Warren, the sweaters are placed at the desks of […]
