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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.