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As Prime Minister Alexis Tsipras announced his resignation late last week, he scheduled elections for September 20.

Tsipras was to make an announcement Thursday night, another government official said, while he was expected to also visit the country’s president – a necessary formality in calling early elections, for which he would have to step down as prime minister. With a...

The current CEO of Google (NASDAQ:GOOG), Larry Page, announced on Monday that the board has decided to form a new umbrella company called Alphabet, which would be a holding company for all the existing units within Google. Alphabet, which will be looked after by Google exec...

The key for the parent company is to allow each of the companies to develop their own brands successfully and be truly independent.

“I remember the early days when Google wasn’t so big (well it was still massive), in those days Google would have awesome parties where Larry and Sergey would just mingle with search marketers”.

In his post, Page explained that restructuring the company would provide better management scale by running unrelated projects independently.

Precision Castparts’ shares jumped as much as 19.3 per cent to US$231.25, while Berkshire Class B shares fell 1.4 per cent to US$141.60.