Milton Pedraza, chief executive officer of the Luxury Institute, ...
Jun 1st, 2010
(Reuters) - Milton Pedraza, chief executive officer of the Luxury Institute, speaks at the Reuters Global Luxury Summit in New York, June 1, 2010. REUTERS/Brendan McDermid (UNITED STATES - Tags: FASHION BUSINESS) -
(Reuters) - The chief executive of Royal Mail, Moya Greene, who is responsible for leading a turnaround of the business, is set to receive an annual bonus worth nearly 500,000 pounds, as the company readies itself for a stock market listing this year, Sky News reported. Royal Mail's remuneration committee has yet to sign off on the pay proposa... [Full Article]
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York issued subpoenas to SAC's president, chief compliance officer and head of trading, accor... [Full Article]
CAIRO (AP) - Seven members of Egypt's security forces kidnapped by suspected militants have appeared in a video posted on the Internet, urging the government to secure their release by meeting their captors' demands. (Source: Associated Press)... [Full Article]