Global

Stacy Cunningham becomes first NYSE female President
Global

Stacy Cunningham becomes first NYSE female President

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 […]

Shell Shareholders approve CEO Pay by 75 percent
Energy

Shell Shareholders approve CEO Pay by 75 percent

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 […]

BP invests in ultra-fast charging battery company StoreDot
Energy

BP invests in ultra-fast charging battery company StoreDot

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 […]

Pamela Kaufman to head Consumer Products at Viacom/Nickelodeon
Global

Pamela Kaufman to head Consumer Products at Viacom/Nickelodeon

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 […]

UK fraud agency clears Barclays
Big Business Global

UK fraud agency clears Barclays

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 […]