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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.
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.
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).
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 rule.hr noshade size=-1 width=50%>
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.