(Reuters) -McDonald’s Corp on Sunday said Carl Icahn has nominated two members to the board of the burger chain. The billionaire activist investor, who stated that he holds 200 shares in the company, nominated Leslie Samuelrich and Maisie Ganzler to stand for election at the 2022 annual meeting, the company said in a statement, adding…
(Reuters) – McDonald’s Corp said on Sunday Carl Icahn has nominated two members to the board of the burger chain. The activist investor nominated Leslie Samuelrich and Maisie Ganzler to stand for election at the 2022 annual meeting, the company said in a statement. (Reporting by Anirudh Saligrama in Bengaluru; Editing by Lisa Shumaker)
BERLIN (AP) — A German newspaper and other media on Sunday said a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligence in checks on many customers. Credit Suisse said in…
VIENNA (Reuters) – Credit Suisse said on Sunday it “strongly rejects” allegations of wrongdoing after dozens of media published results of coordinated, Panama Papers-style investigations into a leak of data on thousands of accounts held there in previous decades. One person leaked the information on the accounts ranging from the 1940s to the 2010s to…
MILAN (Reuters) – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in a plan new Chief Executive Pietro Labriola is working on. A report in daily Il Messaggero said Labriola would set very conservative targets, pointing to a decline in revenues…
Krystal Guerra’s Miami apartment has a tiny kitchen, cracked tiles, warped cabinets, no dishwasher and hardly any storage space. But Guerra was fine with the apartment’s shortcomings. It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there for a few more years as…
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices. U.S. crude prices stand at around $91 a barrel after surging some 40% since Dec. 1 and earlier this week touched their highest…
MUNICH (AP) — The European Union’s foreign policy chief said Sunday that he’s deeply concerned about tensions in Bosnia and has appealed to leaders there to avoid the breakup of the Balkan country. “The situation in Bosnia is more worrying than ever. It was never easy, but now the centrifugal tendencies are really very worrying,”…
NAIROBI, Kenya (AP) — Ethiopia has started generating electricity from the controversial mega-dam that is being built on the Blue Nile. The milestone was reached on Sunday morning when one of the 13 turbines of the Grand Ethiopian Renaissance Dam started power generation in an event officiated by Prime Minister Abiy Ahmed. “From now on,…
By Shilpa Jamkhandikar MUMBAI (Reuters) – Amazon’s rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to India’s premier cricket league with its hundreds of millions of viewers. Amazon.com Inc and Reliance Industries Ltd are expected to take…
