Harvey Norman co-founder Ian Norman dies

Harvey Norman co-founder Ian Norman dies

May 29, 2014 – 6:22PM

Eli Greenblat

Ian Norman, who teamed up with Gerry Harvey in 1982 to create the Harvey Norman retail chain that carries his name, has died. He was aged 75. Read more of this post

Deals That Transform Companies: How to shift your business model with M&A integration

May 26, 2014 / Summer 2014 / Issue 75

Deals That Transform Companies

How to shift your business model with M&A integration.

by Gregg Nahass

As capital remains cheap and competition increases, more and more corporate finance strategists are willing to take on transformational deals. Unlike absorption deals, in which companies acquire businesses that complement their existing operations, transformational deals in-volve acquiring new markets, channels, products, or processes in a way that requires significant operational integration. In fact, successful integration is key to realizing the potential value of these deals. Read more of this post

Frank Lowy’s Westfield threat makes corporate history

Frank Lowy’s Westfield threat makes corporate history

May 29, 2014 – 6:07PM

Malcolm Maiden

Lowy blow as Westfield defers restructure vote

The final vote for Westfield’s restructure has been deferred after proxy votes fell just shy of the 75 per cent needed, in a blow to the Lowy family’s plans to restructure the department store giant. Read more of this post

India’s top 10 food retailers accumulate $2.2 billion losses in 2013-14: Crisil

India’s top 10 food retailers accumulate $2.2 billion losses in 2013-14: Crisil

Wed, May 28 2014

MUMBAI (Reuters) – India’s top 10 food retailers are estimated to have accumulated losses worth $2.20 billion in the fiscal year ended March 2014, as they scaled up operations and refined their business models, according to a report by ratings agency Crisil. Read more of this post

BlackRock CEO says leveraged ETFs could ‘blow up’ whole industry

BlackRock CEO says leveraged ETFs could ‘blow up’ whole industry

Wed, May 28 2014

By Tim McLaughlin

(Reuters) – BlackRock Inc (BLK.N: QuoteProfileResearchStock Buzz) Chief Executive Officer Larry Fink said on Wednesday that leveraged exchange-traded funds contain structural problems that could “blow up” the whole industry one day. Read more of this post

New cremation rule in China shakes old traditions

New cremation rule in China shakes old traditions

Thursday, May 29, 2014 – 10:33

China Daily/Asia News Network

Authorities in Anqing, Anhui province, say there was no direct relationship between the alleged suicides of several elderly rural residents and the coming burial reforms that require corpses to be cremated. Read more of this post

Intel readies 3D-printed robots for handy consumers

Intel readies 3D-printed robots for handy consumers

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Wed, May 28 2014

By Noel Randewich and Alexei Oreskovic

RANCHO PALOS VERDE California (Reuters) – Intel Corp introduced a walking, talking robot on Wednesday made from 3D-printed parts that will be available to consumers later this year, if they are willing to assemble it with a kit that costs around $1,600. Read more of this post

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