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Business 20 Jun 2014 | 12:00 AM

David Jones delays takeover vote

SYDNEY: Australian department store operator David Jones Ltd said it will postpone a shareholder vote on a US$2bil takeover bid from South Africa’s Woolworths Holdings Ltd until mid-July after Australian billionaire Solomon Lew said he had acquired a 9.89% stake in the target.

Corporate News 15 Jul 2014 | 12:00 AM

Nod for David Jones deal

SYDNEY: Shareholders of iconic Australian retailer David Jones Ltd have approved a US$2bil takeover from South Africa’s Woolworths Holdings Ltd, voting overwhelmingly to create a southern hemisphere department-store giant.

Corporate News 20 Mar 2017 | 11:00 PM

Billionaire banker and philanthropist David Rockefeller dies at age 101 in New York

NEW YORK: Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, died on Monday, a family spokesman said. He was 101.

Business 04 Jul 2012 | 12:00 AM

Regulator probes David Jones offer

SYDNEY: Australian regulators are probing the withdrawn A$1.65bil takeover offer for David Jones by a little-known Britain-based firm that sent shares in the country’s No. 2 department store chain on a roller-coaster ride.

Business 09 Apr 2014 | 8:23 AM

Australia's David Jones agrees to $2bil offer from S. Africa's Woolworths

SYDNEY: Australia's No.2 department store operator, David Jones Ltd, said on Wednesday it had agreed to a takeover offer from South Africa's Woolworth Holdings Ltd valuing the company at around A$2.15 billion ($2 billion).

Business 24 Sep 2003 | 12:00 AM

David Jones falls into net loss

Australian retailer to the affluent David Jones Ltd posted a widely expected annual loss yesterday, battered by a costly exit from a failed gourmet food business, but it forecast a rise in underlying profit of about 30% in 2004.

Business 12 May 2010 | 12:00 AM

David Cameron becomes new British PM, Clegg DPM(update)

LONDON: David Cameron, the youthful leader who modernized the party of right-wing icon Margaret Thatcher, became prime minister Tuesday after the resignation of Gordon Brown - capping a gripping election saga that returns the Tories to government after 13 years of Labour Party noshade size=-1 width=50%>

Business 14 Sep 2009 | 12:00 AM

The day a US' Goliath lost to Malaysia's David

IN any battle between a David and a Goliath, my natural instinct is to cheer for David.

Banking 29 Aug 2016 | 12:30 PM

KFH Malaysia appoints David Power as its CEO

KUALA LUMPUR: Kuwait Finance House (M) Bhd (KFH Malaysia) has appointed David Power as its new chief executive officer (CEO) effective Monday.

Business 21 Dec 2011 | 12:00 AM

"Idol" finalist David Archuleta, who has strong following in M'sia, to be missionary

REUTERS - American Idol runner-up David Archuleta has told fans he will become a full-time missionary for the Mormon Church in the next stage of his life. His first album Crush debuted at No. 2 on the Billboard album chart and since then, he has a strong following of fans in the Philippines, Indonesia and Malaysia.