Bloomberg Atop a hill in southern Spain sit a cluster of cement apartment blocks surrounded by scruffy gardens. Built during the go-go years of the country’s property bubble, the development was eerily still on a recent June morning. Banco Popular Espanol SA, which took ownership in a foreclosure, is offering flats for as much as 147,000 euros (US$165,100). Fatima ...

  Bloomberg Jefferies Group is making more changes to the investment-banking division that manages relationships with private equity firms, according to people familiar with the matter, following the departure of the group’s global head, Adam Sokoloff, in March. Christopher Ooten, a managing director at Bank of America Corp.’s Merrill Lynch unit, will join Jefferies’s financial sponsor group to replace Theodore ...

  Sunaina Rana EMIRATES BUSINESS Founded in 2009 by John ‘Coz’ Colgrove and John Hayes, Pure Storage is out to change the way people build technology. With headquarters in Mountain View, CA and offices across the US, Europe, Middle East, Asia, Australia, South America and Africa, Pure’s disruptive, software-driven storage technology combined with a customer-friendly business model has helped drive ...