Tiffany CEO Kowalski to retire, president Cumenal to take over
(Reuters) – Upscale jeweler Tiffany & Co said Michael Kowalski, its chief executive of 15 years, would retire next year and President Frederic Cumenal would succeed him.
Opel Vauxhall to woo budget clients with low-end cars: source
FRANKFURT (Reuters) – Opel plans to build a range of entry-level cars to recapture the type of budget customer who in the past bought its Chevrolet brand, a person familiar with the matter said on Monday.
Barclays’ dark pool trading volume falls after lawsuit
NEW YORK/LONDON (Reuters) – Trading activity has slumped in Barclays Plc’s BARC.L U.S. share trading venue after New York’s attorney general accused the British bank of misleading its customers and giving an unfair edge to high-speed traders.
Halliburton signals North America demand recovery after two years
(Reuters) – Halliburton Co , North America’s top oilfield services provider, said it would add fracking equipment and crew to take advantage of higher demand in the region, signaling an industry-wide recovery after a two-year slump.
BNP case spurs calls for whistleblower incentives in banking
NEW YORK (Reuters) – BNP Paribas SA’s $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks.
Barclays’ ‘dark pool’ volumes drop in wake of lawsuit, data shows
(Reuters) – Volume in Barclays Plc’s private U.S. trading venue, or “dark pool,” fell 79 percent in the week and a half after the New York attorney general accused the British bank of giving an unfair edge to high-speed traders, according to data relea…
CBS Outdoor buys Van Wagner billboard unit for $690 million
(Reuters) – CBS Outdoor Americas Inc said Monday it would buy the billboard business from Van Wagner Communications, a privately held company with outdoor advertising in New York’s Times Square and on buses on the Las Vegas strip, for $690 million in c…
BlackBerry names ex-Sybase executive as chief operating officer
TORONTO (Reuters) – BlackBerry Limited named Marty Beard as its chief operating officer on Monday, filling a position that had been vacant since November following a management reshuffle.
Production halted at Samsung China supplier amid child labor probe
CHASHAN China (Reuters) – Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd after the factory was suspected of using child workers.
Amplats to sell strike-hit South Africa mines
JOHANNESBURG (Reuters) – World number-one platinum producer Anglo American Platinum is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable.
