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Accor Shareholders Pressure May Force CEO to Leave

Accor shareholders may pressure CEO to leave due to dismal performance. According to a Reuters report, Chief Executive Officer of Accor may be expelled by the company's board by Tuesday due to weak performance of the company shares in the local bourse in the past months.


Weiss Moves from Morgan Stanley to Sailing Capital Management

Michael Weiss, who quit Morgan Stanley in early April, moves to the Chinese equity firm Sailing Capital Management.

Nestle - L'Oreal in Excellent Relationship

Nestle, L'Oreal and the Bettencourts chequered history in business. The present situation of L'Oreal and Nestle relationship "isn't on the agenda for the time being," commented Jean-Paul Agon, CEO of L'Oreal in an interview with Investir, a French weekly magazine, which was published today.

Schauble Urges Investors to be More Involved

Schauble gives his candid thoughts on investor participation, the Cyprus bailout and the European economy as a whole.


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According to Paul Flynn, new CEO of Whitehaven Coal the shares of embattled tycoon Nathan Tinkler remains put in the company.
Banco Itau is said to be relieving the duties of Marcelo Marangon and four others from executive positions in the bank.
John Paulson says that Dish offer is more than just investment, it is also spectrum and synergy. According to hedge fund giant John Paulson, the US$25.
Woori Chairman resigns amidst declining share values. Lee Pal Seung, Chairman of Woori Finance Holdings Company, plans to resign prior to the South Korean government's fourth plan to sell its shares in the country's largest financial service group.
Peter Dolan, the director of private equity and venture capital for the Harvard Management Company, manager of the world's biggest endowment, stepped down on April 10.
Russia bans US officials and other Americans as a response to the ban made by US officials in related to the Magnitsky incident.
In a move to bolster investment banking projects, Deutsche Bank removes three supervisory board members and replaces them with known advocates of investment banking.
Andrea Ragnetti may have to leave Ducati as CEO when asked to become Alitalia's new CEO. The chief executive officer of renowned Italian motorcycle builder Ducati, Gabriele Del Torchio is the top choice to take over the helm of ailing airline Alitalia.
Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.