Business

(Reuters) – Procter & Gamble Co (PG.N) said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company. The company’s shares were up 1 percent in after-market trading on Friday. Immediately after its annual meeting in mid-October, P&G said it beat
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SAN FRANCISCO (Reuters) – Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct. FILE PHOTO – Shervin Pishevar speaks during 2016 TechCrunch Disrupt in San Francisco, California, U.S.
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PARIS (Reuters) – Airbus (AIR.PA) Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said. FILE PHOTO – Fabrice Bregier applauds after the maiden flight of the Airbus A350-1000 in Colomiers
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LONDON/ZURICH (Reuters) – One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned. Photo illustration shows detail of Tezos website, October 10, 2017. REUTERS/Dado Ruvic/Illustration The departure on Monday of Guido Schmitz-Krummacher, a Swiss legal and management expert,
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WASHINGTON (Reuters) – President Donald Trump’s campaign to shrink the “bloated federal bureaucracy” so far has made a small dent in the federal workforce, and that largely because of a decline in civilian defense jobs. FILE PHOTO: U.S. President Donald Trump, flanked by Deputy Secretary of State John Sullivan (L) and Defense Secretary James Mattis (R),
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ZURICH (Reuters) – Zurich Insurance (ZURN.S) has agreed to buy ANZ’s (ANZ.AX) OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market. Scaffolding is seen at the headquarters of Zurich insurance during renovation works in Zurich, Switzerland November 9, 2017. REUTERS/Arnd
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