Porsche AG's automaking business is taking a back seat to its holding in Volkswagen AG, which Chief Executive Officer Wendelin Wiedeking said on Tuesday he wants to raise "significantly" by exercising options.
DBS Group Holdings Ltd's Islamic banking unit plans to expand from its Singapore base into the Persian Gulf this year to target the $1 trillion global market for services that comply with the religion's Shariah law.
Deloitte Touche Tohmatsu set up a taskforce to help Australia's horseracing industry cope with the equine flu outbreak that prompted the government to cancel races and ban the movement of horses in some states.
Sasol Ltd, the world's largest producer of motor fuel from coal, said it will sell a 10 percent stake to black investors in South Africa's largest redistribution of wealth to the black majority.
Cap Gemini SA, Europe's largest provider of computer services, agreed to offer its clients Google Inc's collection of Web-based programs, which compete with Microsoft Corp products.
Alstom SA Executive Vice-President Philippe Jaffre died last week at the age of 62, the company announced on Sunday.
This time, when the United States sneezes, the rest of the world may well catch a cold.
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