The European Ombudsman probes the European Commission’s links with lobbyists amid concern about alleged conflicts of interest.
Read the rest here: EU Commission probed over lobbyists
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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
Category : World News
Barclays’ (BCS) compliance department was given 3 internal warnings in 2007 and 2008 about conflicts of interest and “patently false” submissions to the panel that sets Libor, but did nothing about it. The failings emerged from the $453M settlement Barclays struck last week. “They never told senior management about this,” a source told the FT, a quote Bob Diamond can clutch at for his defense. Post your comment!
Read the original post: Barclays’ (BCS) compliance department was given 3 internal warnings in 2007 and 2008 about conflicts of interest and "patently false" submissions to the panel that sets Libor, but did nothing about it. The failings emerged from the $453M…
Congressional report says more troops should be based in Gulf state to respond to sudden conflicts in oil-rich region.
See more here: US to extend military presence in Kuwait
NEW YORK (TheStreet) — Chesapeake Energy should consider offers to sell itself.
That’s what the struggling oil and gas company’s largest shareholder Southeastern Asset Management advocated to embattled CEO Aubrey McClendon in a Monday letter, as the company struggles with an over-40% 2012 stock drop in the past year.
In a filing with regulators earlier in May, Southeastern changed its status as an investor to “activist,” signaling that the investor will look to play a more vocal role in Chesapeake Energy’s strategy as it tries to overcome rock-bottom gas prices, a massively indebted balance sheet, and a string of revelations about potential conflicts arising from CEO McClendon’s personal investments.
Chesapeake shareholders meet their 2012 savior: Mason Hawkins, CEO of Southeastern Asset Management
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