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- Feed Preview Business Leaders - MarketScreener.com
Shale pioneer Mark Papa to retire as Centennial Resource's CEO, chairman
(MarketScreener.com) Papa, who is the chairman of Centennial as well as Schlumberger, had built independent energy producer EOG Resources Inc into one of the most profitable U.S. shale companies....
Engie CEO to End Mandate Before May 2020
(MarketScreener.com) By Giulia Petroni Engie SA said Monday that Chief Executive Isabelle Kocher would end her mandate before May 2020 and appointed Claire Waysand as the new CEO effective immedi...
Aon Names Andersen as President, Bruno as COO
(MarketScreener.com) By Michael Dabaie Aon plc named Eric Andersen as named president, reporting to Chief Executive Greg Case. The provider of risk, retirement and health solutions said it would ...
In Mumbai, Microsoft boss Nadella trumpets cloud tie-up with India's Reliance
(MarketScreener.com) Microsoft struck a 10-year deal with Reliance in 2019, committing to power the oil-to-telecoms conglomerate's data centres with its Azure cloud. "We've been working with Reli...
Rising stocks fuel record profit for Buffett's Berkshire; operating profit disappoints
(MarketScreener.com) In his annual letter to Berkshire shareholders, Buffett defended Berkshire's foray into stocks, which comes amid a four-year drought since its last major acquisition that has...
Sawiris in talks to buy 51% stake in Egypt state-owned mining firm
(MarketScreener.com) Sawiris chairs private gold mining group La Mancha and had said that he intended to invest in gold and copper mining in Egypt if investment conditions improved. Egypt in Janu...
Warren Buffett's Berkshire Hathaway Stock Underperforms the Most Since 2009--2nd Update
(MarketScreener.com) By Nicole Friedman Warren Buffett sought to reassure investors about Berkshire Hathaway Inc.'s long-term future following an underwhelming year for the conglomerate's perform...
Elon Musk's SpaceX to raise $250 million, valuing it at $36 billion: CNBC
(MarketScreener.com) The company plans to raise the amount at a price of $220 per share and the latest funding round is not expected to close until the second week of March, according to the repo...
Lawsuit in NY says ex-hedge fund manager Falcone reneged on loans, wrongly sold a Warhol
(MarketScreener.com) In papers filed on Friday with the New York State Supreme Court in Manhattan, Melody Business Finance LLC said Falcone and several business affiliates have reneged on their o...
Branson says new Virgin cruise line will overcome coronavirus fears
(MarketScreener.com) Despite the unfortunate timing, with passengers on one ship quarantined in Japan after hundreds caught the virus and another turned away by five countries over fears someone ...
Nissan Cuts Ex-CEO Saikawa's Exit Package
(MarketScreener.com) By Sean McLain TOKYO -- Nissan Motor Co.'s board sharply cut the exit package of ousted Chief Executive Hiroto Saikawa, who presided over a pronounced decline in the car make...
Buffett Found His 'Elephant' With Apple -- WSJ
(MarketScreener.com) By Nicole Friedman Warren Buffett has lamented his failure in recent years to find an " elephant-sized acquisition." But, his Berkshire Hathaway Inc. has amassed a $78.5 bill...
Morgan Stanley's Gorman charts ambitious course with $13 billion E*Trade deal
(MarketScreener.com) Part of a broader consolidation in the discount brokerage sector, the move will add breadth to Morgan Stanley's wealth management unit, a business that Chief Executive Office...
Morgan Stanley's Gorman charts ambitious course with $13 billion E*Trade deal
(MarketScreener.com) Part of a broader consolidation in the discount brokerage sector, the move will add breadth to Morgan Stanley's wealth management unit, a business that Chief Executive Office...
Unicredit boss Mustier emerges as contender for HSBC CEO role - Bloomberg
(MarketScreener.com) Mustier has been credited with turning around the biggest Italian bank through major restructuring in the past three years, including cost cuts, dumping bad debts and shrinki...
L Brands sells majority stake in Victoria's Secret, CEO Wexner to step down
(MarketScreener.com) The private equity firm will own 55% of Victoria's Secret, the world's best known specialty retailer for lingerie, while L Brands will keep a 45% stake. The Columbus, Ohio-ba...
Warren Buffett Found His 'Elephant' With Giant Stake in Apple
(MarketScreener.com) By Nicole Friedman Warren Buffett has lamented his failure in recent years to find an " elephant-sized acquisition." But, his Berkshire Hathaway Inc. has amassed a $79 billio...
Bouygues wants to ensure in can work with Huawei on 5G - CEO
(MarketScreener.com) France is in the early stages of rolling out its next-generation wireless technology, and the government's stance over Huawei's possible role still lacks clarity, according t...
UBS CEO Sergio Ermotti Steps Down, ING's Ralph Hamers Named New Chief -- Update
(MarketScreener.com) By Margot Patrick UBS Group AG Chief Executive Sergio Ermotti is stepping down and will be succeeded by current ING Groep NV boss Ralph Hamers, in the latest leadership chang...
Big Tech to Faces More Restrictions in Europe on Data, AI
(MarketScreener.com) By Valentina Pop BRUSSELS -- American tech companies will face new restrictions in the European Union on artificial intelligence and on the use of data to drive out smaller r...