03/18/2014

Luxury conglomerate LVMH buys upscale nightclub

Swanky nightclub Ku De Ta, on the rooftop of Singapore's iconic waterfront landmark Marina Bay Sands, has been snapped up by the private equity arm of French luxury conglomerate LVMH Moet Hennessy Louis Vuitton.

03/12/2014

Switzerland's Jacobs family cuts Adecco holding

The Jacobs group said it is to sell a 16 percent stake in Adecco, the world's largest staffing agency, as members of the Jacobs family seek to diversify by cutting their holdings in the company they helped found.