(Reuters) – Ray Kelvin, founder and chief executive of British fashion retailer Ted Baker Plc, resigned on Monday following misconduct allegations related to his hugging of business colleagues. Ted Baker had announced an independent investigation into miscondu... More »
WASHINGTON (Reuters) – The House Judiciary Committee will seek documents from more than 60 people and organizations as it begins investigations into possible obstruction of justice and abuse of power by President Donald Trump, the panel’s chairman said on Sund... More »
GENEVA (Reuters) – Fighting between parties and factions in Iran is a “deadly poison” undermining foreign policy, Mohammad Javad Zarif was quoted as saying in an interview published on Tuesday, a day after he resigned as Iranian foreign minister. Zarif’s comme... More »
SEOUL (Reuters) – Hyundai Mobis Co Ltd, an auto parts affiliate of Hyundai Motor Co, on Tuesday announced a plan to offer shareholder returns worth 2.6 trillion won ($2.32 billion) over the next three years and to appoint group heir apparent Euisun Chung as ch... More »
(Reuters) – Amazon.com Inc said on Monday it appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant’s board this month. Earlier this month, the company named Starbucks Cor... More »
NEW YORK (Reuters) – Deutsche Bank has hired Bank of America Corp’s Robert Innocentin as a managing director within its financial sponsors group, according to a memo seen by Reuters on Monday. Innocentin will join Deutsche Bank in May after four years as a man... More »
NEW YORK (Reuters) – Bill Gross, once the bond market’s most influential investor, will retire from Janus Henderson Group Plc in coming weeks, ending attempts to reclaim the stature he enjoyed leading the world’s largest fixed-income investing firm. Gross, who... More »
HONG KONG (Reuters) – Aluminum giant Rusal said on Monday Jean-Pierre Thomas had resigned as chairman and director of the company as a pre-requisite for a decision by the United States to lift sanctions on the company. Shares in Hong Kong-listed Rusal jumped m... More »
NEW YORK (Reuters) – Mark Mitchell, the co-founder of Starboard Value LP who helped turn it into one of Wall Street’s most high-profile activist hedge funds, retired from the New York-based firm earlier this month, people familiar with the matter said on Frida... More »
STOCKHOLM (Reuters) – The scandal-plagued Swedish body that awards the Nobel Prize for literature said on Friday that one of its members would leave after an investigation determined she had leaked the names of winners. The poet Katarina Frostenson and her pho... More »
(Reuters) – Renowned Bollywood director Rajkumar Hirani has denied allegations that he sexually assaulted a subordinate over a period of six months in 2018. Hirani, known for feel-good, comedy films that have grossed record numbers at the Indian box-office, wa... More »
(Reuters) – The chief executive officer of Myntra and Jabong, a unit of Walmart-owned Flipkart, Ananth Narayanan has left the company to pursue external opportunities, Myntra said on Monday. Narayanan is in talks to replace Ajith Mohan as the chief executive o... More »
(Reuters) – Investment bank Perella Weinberg Partners plans to name Peter Weinberg as its chief executive officer with current CEO Robert Steel set to become the company’s chairman, a person familiar with the matter told Reuters on Thursday. Weinberg founded t... More »
NEW YORK (Reuters) – Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years. Vinik, who once ran Fidelity’s Magellan mutual fund ... More »
BOSTON (Reuters) – Cruiser Capital Advisors said on Monday it wants to replace four directors at chemical company Ashland Global Holdings, including the board chairman. The New York-based hedge fund aims to remove Ashland Chief Executive Bill Wulfsohn from his... More »
MOSCOW/HONG KONG (Reuters) – Russian aluminum company Rusal said on Friday it has appointed independent non-executive director Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions. The previous... More »
CHICAGO (Reuters) – Campbell Soup Co (CPB.N) said on Friday that incoming Chief Executive Mark Clouse, a food industry veteran, could be paid as much as $7.4 million in compensation for fiscal 2019. Clouse, the former chief of frozen food maker Pinnacle Foods,... More »
LONDON (Reuters) – London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the credit-focused strategy after it “did not deliver the performance that you expect of us”, according to a ... More »
NAIROBI (Reuters) – A Kenyan court on Monday charged senior officials from the state-run oil pipeline and others from the state health insurance fund for abuse of office and economic crimes that led to the loss of billions of shillings from the two institution... More »
TOKYO (Reuters) – The head of the state-backed $18 billion Japan Investment Corp (JIC), Masaaki Tanaka, said on Monday he and eight other board members would resign citing distrust of the trade ministry after a dispute over their pay. The resignations throw in... More »
(Reuters) – Drugmaker Gilead Sciences Inc on Monday named Roche Holding AG’s Daniel O’Day as its new chief executive, tapping an industry veteran to fill a management vacuum. O’Day, now head of Roche’s pharmaceuticals business, joined the company in 1987 and h... More »
WASHINGTON (Reuters) – Nick Ayers, Donald Trump’s top choice to be his next chief of staff, is no longer in the running and the U.S. president is now considering at least two other candidates, sources familiar with the matter said on Sunday, the latest sign of... More »
WASHINGTON (Reuters) – Nick Ayers, in talks with President Donald Trump to become his new White House chief of staff, is a 36-year-old political whiz-kid who could help with the looming re-election campaign, but critics question whether he has the grit needed ... More »
WASHINGTON (Reuters) – White House Chief of Staff John Kelly will leave his job at the end of the year, U.S. President Donald Trump said on Saturday, his latest staff shakeup since midterm elections a month ago cost Republicans control of the House of Represen... More »
LONDON (Reuters) – Glencore (GLEN.L) has appointed Peter Freyberg to the newly created role of head of industrial mining, the global trader and miner said on Monday, while its head of copper marketing Telis Mistakidis retires at the end of the year. The London... More »
(Reuters) – Investment bank Moelis & Co said on Monday it has hired an executive from the world’s largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies facing activist shareholders. Ted Moon, who had b... More »
(Reuters) – Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team. Fleischhacker, who has over 25 years of industry experience, joins from Bla... More »
MILAN (Reuters) – Fiat Chrysler’s (FCHA.MI) European boss has quit, adding to the problems facing new CEO Mike Manley who must deliver on promises to boost production of SUVs and catch up with rivals in electric cars. Jeep division head Manley was named on Sat... More »
(Reuters) – Papa John’s International Inc (PZZA.O) on Sunday adopted a shareholder rights plan, or a “poison pill”, with a 15 percent trigger to deter existing stockholders from amassing a controlling stake in the company. The company also declared a dividend ... More »
BOSTON (Reuters) – Top asset manager BlackRock Inc (BLK.N) has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to a memo seen by Reuters on Thursday, turning to an outsider to fill the role left vacant since last year... More »
FRANKFURT (Reuters) – BMW signed a Memorandum of Understanding (MoU) with tech giant Baidu to join its autonomous driving platform Apollo as a board member, BMW said on Tuesday. The MoU was signed during a visit by Chinese Premier Li Keqiang to Germany. After ... More »
ZURICH (Reuters) – Credit Suisse has carved out a new role to lead its handling of sexual harassment claims and examine group-wide policies, as Switzerland’s second-biggest bank seeks to boost equal opportunities and create a fair treatment environment. The ap... More »
WASHINGTON (Reuters) – Environmental Protection Agency chief Scott Pruitt, who had been lauded by President Donald Trump for his aggressive efforts to roll back environmental regulations, resigned on Thursday under heavy fire for a series of ethics-related con... More »
HONG KONG (Reuters) – ZTE Corp (0763.HK) (000063.SZ) has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China’s second-biggest telecommunications equipme... More »
LONDON (Reuters) – Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion for its portfolio of more than 50 start-ups and growth stage firms, it said on Thursday. Jamb... More »
BOSTON (Reuters) – Och-Ziff Capital Management Group LLC is putting a new generation into top leadership positions roughly five months after bringing in an outsider as chief executive to end a battle for control of the investment firm. The New York-based firm ... More »
BOSTON (Reuters) – Billionaire investor John Paulson’s top real estate executives are launching their own investment firm with $1 billion and the hedge fund manager’s blessing, sources familiar with the matter said. Michael Barr, a portfolio manager who headed... More »
LONDON (Reuters) – Uber will hear on Tuesday if a bid to overturn a ruling stripping it of its license to operate in London, its biggest European market, has succeeded after it said its corporate culture and practice had changed. The taxi-hailing app overhaule... More »
AMMAN (Reuters) – Jordan’s Prime Minister Hani Mulki submitted his resignation to King Abdullah on Monday, an official source said, to soothe widespread anger over economic policies that have sparked the largest protests in several years and dozens of arrests.... More »
AMMAN (Reuters) – Hani Mulki resigned from his post as Jordan’s prime minister in a meeting with King Abdullah on Monday, an official source said, a move aimed at defusing anger over economic policies that have sparked the largest protests in years. Source: ht... More »
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. These stockp... More »
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday named Rear Admiral Douglas Fears as his homeland security and counterterrorism adviser on the National Security Council, the White House said. “Doug Fears brings more than three decades of experience... More »
(Reuters) – Cybersecurity firm Palo Alto Networks Inc said on Friday it named former SoftBank Group Corp president Nikesh Arora as chief executive officer and chairman. Arora, 50, succeeds Mark McLaughlin, who has led the company for nearly seven years and has... More »
LONDON (Reuters) – After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob Dudley is hardly relaxed. “It doesn’t feel like we are in a serene time for any energy com... More »
LAS VEGAS (Reuters) – A hedge fund industry gathering in Las Vegas this week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked “Sin City” celebrations and more on the grind of vetting fund manage... More »
OMAHA, Neb. (Reuters) – Warren Buffett on Saturday said he hoped a chief executive would be found within a couple of months for the healthcare company being set up by Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co. to lower patient costs. Speak... More »
(Reuters) – Xerox Corp (XRX.N) said on Thursday its current board and management team, which included Chief Executive Jeff Jacobson, will stay, after a settlement agreement it had reached with dissenting shareholders to oust them expired. Xerox had said on Tue... More »
SEOUL (Reuters) – South Korean police are seeking an arrest warrant for the youngest daughter of Korean Air Lines’ chairman on suspicion of assault during a recent angry outburst, police said on Friday. Cho Hyun-min, the younger sister of the notorious “nut ra... More »
BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban on Friday named Interior Minister Sandor Pinter and Economy Minister Mihaly Varga as deputy prime ministers in his new government. Orban, re-elected in an April landslide that gave his ruling Fidesz pa... More »
LONDON (Reuters) – Britain’s Theresa May appointed Sajid Javid as her new interior minister on Monday, promoting the former banker to try to draw a line under an immigration scandal that has threatened the prime minister’s authority. The son of immigrants from... More »
LONDON (Reuters) – Mark Read, tasked with running WPP (WPP.L) after the sudden exit of founder Martin Sorrell, said he would look at restructuring the world’s biggest advertising group but ruled out a break up. Digital boss Read, appointed joint chief operatin... More »
LONDON (Reuters) – Mark Read, WPP’s (WPP.L) joint chief operating officer, said he would look at new ways to restructure the group but would not put a timetable on how long that would take and did not think a full break up made sense. Read was appointed to run... More »
SYDNEY (Reuters) – Australia’s largest-listed wealth manager AMP announced the resignations of its chairwoman and legal counsel on Monday, and slashed its directors’ fees by a quarter as it races to stem the fallout from damaging revelations of misconduct at t... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday that the top-ranking Democrat on the Senate Veteran’s Affairs committee should resign after the President’s pick to lead the Veterans Affairs department withdrew from consideration amid numero... More »
MILAN (Reuters) – Telecom Italia (TIM) CEO Amos Genish said his position at Italy’s biggest phone group would be “untenable” if activist fund Elliott manages to win the majority of board seats at a shareholder vote on Friday, according to a newspaper interview... More »
PARIS (Reuters) – Rothschild said on Friday that it had hired leading French banker Francois Perol, luring him away from his previous position at the head of BPCE, the country’s second-biggest bank. BPCE had earlier said on Thursday that Perol, who had worked ... More »
(Reuters) – Tesla Inc’s board recommended on Thursday that shareholders vote against a proposal that would require the electric car maker’s chairman to be an independent director, ahead of its annual meeting. Elon Musk, chief executive of Tesla, is also the ch... More »
LONDON (Reuters) – WPP (WPP.L), the world’s biggest advertising company, entered uncharted territory on Monday without its founder Martin Sorrell whose departure has left it rudderless at a time of swirling industry change. Shares in the group fell 4 percent a... More »
LONDON (Reuters) – HSBC (HSBA.L) said on Monday it would create a single regional structure for its private bank in Europe which includes its businesses in the UK, Channel Islands, France, Germany, Switzerland and Luxembourg. The new structure, which will be c... More »
WASHINGTON (Reuters) – A new national security aide to U.S. Vice President Mike Pence stepped down on Sunday, only two days after being officially named to the job, after a behind-the-scenes White House argument hit the headlines, a White House official said. ... More »
LONDON (Reuters) – The London Stock Exchange (LSE.L) named Goldman Sachs’ veteran David Schwimmer as chief executive officer on Friday, with an initial challenge of helping the 300-year-old institution to navigate Brexit. Analysts expressed relief that the LSE... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands. Speaking at his first news conf... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said the car and truck maker is open to alliances in areas like self-driving cars. Speaking in Wolfsburg, Germany, at his first news conference since being appo... More »
WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) will not list its trucks business this year and has no plans to cede control of the division, chairman Hans Dieter Poetsch said on Friday. “We want to ready the business for capital markets,” Poetsch said, ... More »
BOSTON (Reuters) – Activist investor Barington Capital Group LP has launched a fight for two board seats at machine industry company Xerium Technologies Inc., according to a regulatory filing made on Thursday. The New York-based hedge fund, which owns 5.05 per... More »
BOSTON (Reuters) – Folger Hill Asset Management, a hedge fund run by former SAC Capital Advisors LP executive Sol Kumin, will merge with Schonfeld Strategic Advisors after a period of sluggish returns. “It became clear that the best path forward for the Folger... More »
FILE PHOTO: Andrew Liveris, Chairman and CEO The Dow Chemical Company attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. REUTERS/Ruben Sprich (Reuters) – U.S. chemicals producer DowDuPont Inc said on Monday its Execut... More »
FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Novartis’s (NOVN.S) new Chief Executive Vas Narasimhan is remaking ... More »
FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake (Reuters) – Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its... More »
NEW YORK (Reuters) – Citadel, one of the world’s largest hedge fund managers, has cut staff by more than 30 percent in one of its stock-picking units in what several people with direct knowledge of the layoffs described as a surprise move. From late February t... More »
(Reuters) – Around 3,000 delegates to the annual meeting of China’s largely rubber-stamp parliament, the National People’s Congress, will meet in Beijing’s Great Hall of the People on March 5 for a session that will last around two weeks. Here is an overview o... More »
Subaru Corp. outgoing President and CEO Yasuyuki Yoshinaga (L) and next President Tomomi Nakamura, who is currently Corporate Executive Vice President, attend a news conference in Tokyo, Japan, March 2, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Automaker Suba... More »
Volvo Cars CEO Hakan Samuelsson shows their new model V60 station wagon at a press meeting outside Stockholm, Sweden February 21, 2018. TT News Agency/Henrik Montgomery/ via REUTERS STOCKHOLM (Reuters) – Truckmaker AB Volvo (VOLVb.ST) is to drop the CEO of Gee... More »
(Reuters) – The board of the Weinstein Company has dismissed the beleaguered film studio’s president and chief operating officer, less than a week after he was cited for failing to act on employee harassment complaints. In a statement, the studio said its boar... More »
White House Chief of Staff John Kelly looks on as U.S. President Donald Trump speaks to reporters in the Oval Office at the White House in Washington, U.S. February 9, 2018. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – White House advisers on Sunday tried to ... More »
FILE PHOTO: President of South Africa Jacob Zuma attends the 54th National Conference of the ruling African National Congress (ANC) at the Nasrec Expo Centre in Johannesburg, South Africa December 16, 2017. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG (Reute... More »
FILE PHOTO: Jennifer Salke, president NBC Entertainment, speaks at the Hollywood Radio and Television Society Newsmaker Luncheon featuring the TV network entertainment presidents in Beverly Hills, California October 11, 2011. REUTERS/Fred Prouser (Reuters) – A... More »
(Reuters) – British oilfield services provider Petrofac said its top management, including its chairman and executive directors, would be interviewed by Britain’s Serious Fraud Office (SFO) regarding an ongoing investigation into suspected bribery and corrupti... More »
FILE PHOTO: Sony Corp’s Chief Financial Officer Kenichiro Yoshida attends a news conference at its headquarters in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Sony Corp said CEO Kazuo Hirai would be handing over the reins t... More »
Sony Corp’s logo is seen at its news conference in Tokyo, Japan November 1, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Sony Corp on Friday reported a nearly four-fold jump in third-quarter operating profit on growing demand for its image sensors, a... More »
NEW YORK (Reuters) – Several key commodities traders are leaving Goldman Sachs Group Inc, sources said on Wednesday, the latest wrinkle as the Wall Street firm seeks to turn around its struggling commodities unit. Those leaving include Don Casturo, operating c... More »
FILE PHOTO – Key Safety Systems Chief Executive Officer Jason Luo listens to a question during an interview with Reuters in Tokyo, Japan October 5, 2016. REUTERS/Issei Kato/File Photo BEIJING (Reuters) – Ford Motor Co said its China chief, Jason Luo, has stepp... More »
FILE PHOTO: Larry Nassar, a former team USA Gymnastics doctor, who pleaded guilty in November 2017 to sexual assault charges, returns from a break to listen to victim testimony in the courtroom during his sentencing hearing in Lansing, Michigan, U.S., January ... More »
FILE PHOTO – Steve Wynn, Chairman and CEO of Wynn Resorts, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Mike Blake/File Picture WASHINGTON (Reuters) – Las Vegas casino mogul Steve Wynn resigned a... More »
(Reuters) – Canadian generic drug maker Apotex Inc’s Chief Executive Jeremy Desai has resigned, effective immediately, the company said on Friday. Desai resigned to pursue other opportunities, Apotex said in an emailed statement without elaborating. Company ve... More »
Larry Nassar, a former team USA Gymnastics doctor, who pleaded guilty in November 2017 to sexual assault charges, is led from the courtroom after listening to victim testimony during his sentencing hearing in Lansing, Michigan, U.S., January 23, 2018. REUTERS/... More »
FILE PHOTO – William Ackman U.S. on November 10, 2015. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nik... More »
Tom Hill (L), Chairman of Blackstone Alternative Asset Management, and John McCormick, President and CEO of Blackstone Alternative Asset Management, pose for a portrait in New York, U.S., January 18, 2018. REUTERS/Lucas Jackson BOSTON (Reuters) – After nearly ... More »
(Reuters) – TMX Group’s (X.TO) head of equity capital markets, Nicholas Thadaney, is leaving Canada’s biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said. Thadaney’s role as president and CEO of cap... More »
(This January 12 story corrects to make clear in paragraphs 5-7 that some of the reversals have already occurred) WASHINGTON (Reuters) – President Donald Trump plans to nominate as his choice to fill a vacant seat on the National Labor Relations Board a labor ... More »
Vanguard Group CEO Mortimer “Tim” Buckley is pictured in this undated handout photo obtained by Reuters January 11, 2018. Vanguard Group/Handout via REUTERS BOSTON (Reuters) – Vanguard Group Inc’s vast scale helps it promote efficient markets, its new chief ex... More »
Leandra English (L), current acting director of the Consumer Financial Protection Bureau (CFPB) meets with Senate Democratic Leader Chuck Schumer (D-NY) and Senator Elizabeth Warren (D-MA) (not pictured) in Capitol Hill, Washington, D.C., November 27, 2017. RE... More »
FILE PHOTO: The company logo of China Oil and Foodstuffs Corporation (COFCO) is seen at its headquarters in Beijing, China, November 3, 2016. REUTERS/Thomas Peter/File Photo LONDON/PARIS/BEIJING (Reuters) – China’s COFCO International is in the throes of a sta... More »
FILE PHOTO: Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha, Nebraska, U.S., May 4, 2013. REUTERS/Rick Wilking/File Photo (Reuters) – Berkshire Hathaway Inc’s energy unit on Thursday named William Fehrman as its ... More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett talks to reporters prior to the Berkshire annual meeting in Omaha, Nebraska, U.S. on May 2, 2015. REUTERS/Rick Wilking/File Photo (Reuters) – Berkshire Hathaway Inc on Wednesday promoted two of its top executiv... More »
The sign of a Domino’s Pizza restaurant is seen in Paris, France, October 27, 2016. REUTERS/Charles Platiau (Reuters) – Domino’s Pizza Inc (DPZ.N) said on Tuesday its chief executive, Patrick Doyle, will leave the biggest U.S. pizza delivery chain in June and ... More »
Co-Founders of VICE Shane Smith (L) and Suroosh Alvi (R) pose as they arrive for the 20th Annual Webby Awards in Manhattan, New York, U.S., May 16, 2016. REUTERS/Mike Segar (Reuters) – Vice Media co-founders issued an apology on Saturday, saying the Millennial... More »
FILE PHOTO: Contestants await the results after competing in the swimsuit component of the 97th Miss America Competition in Atlantic City, New Jersey, U.S., September 10, 2017. REUTERS/Mark Makela/File Photo (Reuters) – The head of the organization that stages... More »
FILE PHOTO: South African magnate Christo Wiese, Steinhoff’s largest shareholder and chairman, listens during an interview in Cape Town, South Africa, September 27, 2016. REUTERS/Mike Hutchings/File Photo (This December 7 story corrects to clarify Christo Wies... More »
FILE PHOTO – Christo Wiese, whose companies include Steinhoff International, speaks as Shoprite reported it’s results in Cape Town, South Africa, February 21, 2017. REUTERS/Mike Hutchings (This December 14 story corrects to clarify Christo Wiese did not start ... More »
