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Edouard Carmignac relinquishes full control of flagship Carmignac fund
01/23 - PARIS (Reuters) - Veteran French fund manager Edouard Carmignac has handed over full control of his company's flagship Carmignac Patrimoine fund to two colleagues, in line with plans set out last year.
Walgreens to Pay $269 Million to Settle Claims It Overcharged Federal Health Programs
01/22 - By Patrick Thomas Walgreens Boots Alliance Inc. has agreed to pay more than $269 million to settle federal and state lawsuits that accused it of overbilling federal heal
Capital One Misses 4Q Revenue Expectations, Posts Higher EPS
01/22 - By Patrick Thomas Shares of Capital One Financial Corp.'s (COF) fell about 4% in after-hours trading after the company's total revenue in the fourth quarter fell just short o
Nigeria's central bank providing 75 bln naira financing to Dangote's oil refinery
01/22 - LAGOS (Reuters) - Nigeria's central bank will provide 75 billion naira in financing to an oil refinery project being built by Africa's richest man Aliko Dangote in the West African country, its Governor Godwin Emefiele said on Tuesday.
Japan firms have no plans to strengthen governance after Ghosn arrest
01/22 - TOKYO (Reuters) - Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn.
UBS's Weber says Europe, U.S. rate hike cycles on hold
01/22 - DAVOS, Switzerland (Reuters) - Swiss bank UBS Chairman Axel Weber said on Tuesday that central banks in Europe and the United States seem to be on hold in their interest rate hike cycles.
GSK Chairman Hampton to step down ahead of split
01/21 - (Reuters) - GlaxoSmithKline Plc Chairman Philip Hampton will step down after more than three and a half years in the role, as Britain's biggest drugmaker prepares to split its business into two.
Detained ex-Nissan chairman Ghosn offers stock, passports for bail
01/20 - (Reuters) - Ousted Nissan Motor Co chairman Carlos Ghosn has offered to post stock he owns in the automaker as collateral, surrender his passports and submit to electronic tracking as part of a renewed effort to persuade a Tokyo court to grant him bail while he awaits trial on charges of financial misconduct, a spokeswoman for the car executive said.
Sorrell's S4 Capital seeks more deals in digital-only drive
01/20 - MUNICH (Reuters) - Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy.
Michelin boss a possible successor to Ghosn at Renault - France finance minister
01/19 - PARIS (Reuters) - Michelin Chief Executive Jean-Dominique Senard could be a good choice to head carmaker Renault, French finance minister Bruno Le Maire said in a newspaper interview published on Sunday.
Philippines Richest Man, Mall Magnate Henry Sy, Dies Aged 94
01/19 - By Jake Maxwell Watts Rags-to-riches retail tycoon Henry Sy, who began his career selling surplus American army boots during World War II and ended it a billionaire, died Saturday at
Nissan, Mitsubishi Detail Ghosn Allegations -- WSJ
01/19 - By Sean McLain and Patricia Kowsmann Nissan Motor Co. and Mitsubishi Motors Corp. said Carlos Ghosn improperly received nearly $9 million from a Dutch entity the car makers jointly
Morgan Stanley CEO James Gorman pay rises 7 percent to $29 million: filings
01/18 - NEW YORK (Reuters) - Morgan Stanley Chief Executive James Gorman's overall pay rose 7 percent to $29 million last year during a period that saw the firm's net revenues rise 5 percent to $40.1 billion, according to bank filings released on Friday.
Murdoch seeks permission to merge Times and Sunday Times
01/18 - LONDON (Reuters) - Rupert Murdoch's London-based newspapers The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981.
Three named to En+ voting trust as Deripaska looks to reduce stakes
01/18 - MOSCOW (Reuters) - Russian conglomerate En+ Group on Friday named three Americans who will form a voting trust to help Oleg Deripaska reduce his stake in the company in exchange for a waiver from U.S. sanctions.
Moonves to Pursue CBS Severance Pay -- WSJ
01/18 - By Joe Flint Former CBS Corp. head Leslie Moonves is challenging the company's decision last month to deny him a severance package of $120 million, CBS said Thursday, a move that wi
Top Company News of the Day
01/17 - JPMorgan CEO Dimon's Compensation Tops Pre-Crisis Record JPMorgan Chase & Co. Chief Executive James Dimon received a compensation package valued at $31 million in 2018, up 5%
JPMorgan CEO Dimon's Compensation Tops Pre-Crisis Record
01/17 - By Patrick Thomas JPMorgan Chase & Co. Chief Executive James Dimon received a compensation package valued at $31 million in 2018, up 5% from $29.5 million in 2017, according to a
JPMorgan board raises Dimon's compensation to $31 million
01/17 - NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon is receiving a 5 percent raise, bringing his total 2018 compensation to $31 million, the company said in a filing on Thursday.