The New York Stock Exchange has named Stacy Cunningham as its first female leader in the history of the 226-year-old exchange. The parent company of the NYSE, Intercontinental Exchange Inc., confirmed that Stacey Cunningham will become the 67th president after she replace Thomas Farley, who has served in that role […]
Royal Dutch Shell shareholders have approved the 2017 management remuneration, including Chief Executive Officer Ben van Beurden’s EUR8.9 million ($10.51 million) package, by a majority of 75 percent, Reuters reports. The 2016 remuneration resolution won the support of more than 92 percent of shareholders. Board member Gerard Kleisteree, who heads […]
Nomura Securities, a wholly owned subsidiary of Nomura Holdings, Inc., anounced that it will publish a new index named the Nomura Japan Equity TOP400 Ex-Financials Index. Nomura Japan Equity TOP400 Ex-Financials Index is an equal-weight index. The index comprises the top 400 stocks by market capitalization listed on the First […]
BP said it is has invested in Israel-based company, StoreDot, towards the development of ultra-fast charging batteries. BP believes that ultra-fast charging will be key in accelerating the adoption of EVs worldwide. Tufan Erginbilgic, chief executive, Downstream, said: “Ultra-fast charging is at the heart of BP’s electrification strategy. StoreDot’s technology […]
Viacom has named Pamela Kaufman to the new role of President, Viacom/Nickelodeon Global Consumer Products, with global oversight of the consumer products business across Viacom Media Networks and Paramount Pictures. Kaufman will lead worldwide licensing and merchandising and provide strategic focus on maximizing Viacom’s portfolio of brands and iconic franchise […]
GE Hitachi Nuclear Energy (GEH) has confirmed that Dominion Energy will provide funding to help progress the BWRX-300, a 300 MWe small modular reactor design being developed by GEH. “Engaging customers is critical to product development, and we are thrilled that Dominion will invest in our new SMR to advance […]
The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization. “The Bank launched in 2016 its Industrialization Strategy for Africa 2016-2025, which was the outcome of collaborative work with […]
UK largest bank, Barclays said the Crown Court has today dismissed all charges brought by the Serious Fraud Office against Barclays PLC and Barclays Bank PLC. It would be recalled that the SFO had charged Barclays to court regarding matters which arose in the context of Barclays’ capital raisings in […]
The man who took LG to the global space, Koo Bon-Moo, its former chairman has just passed on at the age of 73. Koo Kwang-mo, his adopted son will lead the consumer electronics and chemical company. Mr. Bon-Moo Koo was the Chief Executive Officer of LG Corp. since January 1, […]
Swiss investment banking giant, UBS said according to its computer simulations, Germany has the highest probability of winning the FIFA World Cup in Russia. The 2018 FIFA World Cup will be going underway on the 14th of June, 2018. In a new report – “Investing and football: 2018 World Cup […]