Mining firms poised to lead capital raisings in Canada, TSX CEO says
By Divya Rajagopal TORONTO – Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, …
CEO
Brazil’s Petrobras elects new CEO as fuel price pressures mount
By Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its …
Former CEO of Drug Manufacturing Company Pleads Guilty to Conspiring to Defraud the FDA and Distributing Adulterated Drugs
Miami, Florida – Raidel Figueroa, the former CEO and co-owner of Pharmatech, LLC, a drug and dietary supplement manufacturer that operated in Broward County, Florida, …
E.ON’s CEO says Germany should boost domestic gas production
BERLIN – Germany should explore all options to increase domestic natural gas output including fracking, the chief executive of German energy provider E.ON’s said, as …
Exclusive-Argentina’s Bioceres to seek Australia approval to plant its GMO wheat next year, CEO says
By Jorgelina do Rosario LONDON – Argentina’s Bioceres Crop Solutions plans to carry out field tests of its genetically modified drought resistant wheat in Australia …
Airbus CEO: Supply problems may improve from mid-2023
BERLIN – Airbus Chief Executive Guillaume Faury said at the ILA Berlin Air Show trade fair on Thursday he expects supply bottlenecks to ease from …
Warner Music CEO Cooper to step down by end of 2023
(Reuters) -Warner Music Group in a regulatory filing on Wednesday said its longest-tenured chief executive, Steve Cooper, will leave the media company by the end …
Mars long-time CEO Reid to retire, petcare unit head to succeed
(Reuters) – Mars Inc said on Wednesday long-time Chief Executive Officer Grant Reid has decided to retire and will be succeeded by the privately held …
Volkswagen CEO questions whether Apple plans to produce cars
BERLIN – Volkswagen CEO Herbert Diess said on Wednesday he was not sure Apple planned to produce cars but that the California-based company certainly wanted …
Moderna CEO: COVID variant vaccine to be ready for shipping in August
LONDON – Moderna’s COVID-19 variant vaccine will be ready to ship in August as the company has been making shots ahead of approval, Chief Executive …
Glass Lewis recommends Aerojet investors back CEO in proxy contest
By Svea Herbst-Bayliss BOSTON -Glass Lewis on Tuesday backed Aerojet Rocketdyne Holdings Inc CEO’s eight-person board of directors slate, becoming the second proxy advisory firm …
Harbour Energy CEO warns of lower UK investment due to windfall tax
By Ron Bousso and Shadia Nasralla LONDON – The North Sea’s biggest oil and gas producer, Harbour Energy, has told the British government that Britain’s …
Carrefour CEO says well placed to deal with sustained inflation
DUBLIN – Carrefour’s chief executive said global inflation is here to stay and that the supermarket chain is well placed to manage it due to …
U.S. SEC says charges Egan-Jones, CEO with conflict of interest violations
WASHINGTON – The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it has charged Egan-Jones Ratings Co. and its chief executive with conflict …
Unilever CEO sees crisis as new normal for industry
DUBLIN – Unilever chief executive Alan Jope said on Tuesday that consumer goods companies should get used to the idea of “crisis being more or …
L’Oreal CEO remains confident on outlook for beauty industry
DUBLIN – L’Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge …
KKR hires former IDEX CEO as part of U.S. dealmaking push
By Chibuike Oguh NEW YORK – KKR & CO Inc said on Tuesday it has hired former IDEX Corp chief executive Andrew Silvernail as an …
United Airlines expects fuel prices to stay high over long-term, says CEO
DOHA – United Airlines expects fuel prices to stay high in the long-term, its chief executive said on Monday. Scott Kirby, speaking to reporters in …
Sovcomflot fleet fully covered by Russian insurers, CEO says
(Reuters) – RRussia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after …
CEO of Rosneft says BP still remains major stakeholder
(Reuters) – Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced …
ISS recommends Aerojet investors back CEO in bitter proxy contest
By Svea Herbst-Bayliss BOSTON -Prominent proxy advisory firm Institutional Shareholder Services (ISS) on Friday backed Aerojet Rocketdyne Holdings Inc CEO’s eight-person board of directors slate, …
AMC shareholders vote against CEO Adam Aron’s $19 million pay package
(Reuters) – Shareholders of AMC Entertainment Holdings Inc voted against its proposed executive compensation including that of top boss Adam Aron at the company’s annual …
Santander picks calm insider as CEO to help build bridges
By Jesús Aguado MADRID – A former investment banker and passionate jogger, Santander’s newly-appointed CEO Hector Grisi knows how to bring teams together and motivate …
Judge rules in favor of Aerojet chairman in dispute with company CEO
By Svea Herbst-Bayliss NEW YORK – A Delaware Chancery Court judge on Thursday ruled that Aerojet Rocketdyne CEO Eileen Drake violated a court order by …
Russian truckmaker Kamaz struggles to settle payments due to sanctions, CEO says
(Reuters) – Kamaz, Russia’s largest truckmaker, sees its exports stagnating at last year’s levels or falling slightly as clients shy away from settling payments with …
Russia’s VTB has resources to buy Otkritie, says CEO
(Reuters) – Russia’s VTB Bank has the resources it needs to buy bailed out lender Otkritie Bank, the chief executive of state-controlled VTB said on …
Natura’s CEO steps down in shakeup at Brazil cosmetic maker
By Gabriel Araujo SAO PAULO – Brazil’s Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping …
GM CEO says ‘we are selling every truck we can build’
By Joseph White DETROIT – General Motors Co Chief Executive Mary Barra said on Monday the automaker is “selling every truck we can build” and …
Morgan Stanley CEO says 50-50 chance U.S. economy enters recession
NEW YORK – Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. …
Finnair to adapt and shrink after Russian airspace closure, CEO tells Bloomberg
HELSINKI – Finland’s national carrier Finnair, hit hard by the closure of Russian airspace, plans to shift its focus away from Asia travel and reduce …
Former Tungsten Heavy Powder & Parts CEO Pleads Guilty to Conspiring to Export United States Defense Articles including to The People’s Republic of China
For Further Information, Contact:Assistant U.S. Attorneys Kareem A. Salem (619) 546-8904 and John Parmley (619) 546-7957 SAN DIEGO – Joe Sery, former owner and chief …
StanChart CEO sees shallow and short recession by early 2023
By Divya Chowdhury MUMBAI – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven by structural cost pressures such as …
Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt
BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in …
Shopify shareholders give CEO 40% voting stake – source
(Reuters) – Shareholders of Shopify Inc on Tuesday voted in favor of protecting Chief Executive Officer Tobias Lutke’s 40% voting stake, a source told Reuters, …
Dr Chris Senanayake of TCG GreenChem Inc Wins Two Business Worldwide Magazine CEO Awards
The awards seek to identify and honour the Most Respected C-level executives across the globe, from a variety of different sectors. They do not focus on a …
Douglas Elliman Welcomes Rick Moeser as CEO, Business Development
Veteran International Luxury Real Estate Executive Will Lead Efforts to Expand and Identify New Markets, Agents, Agent Teams and Business Opportunities for the Brokerage. NEW …
Delta CEO says airline trying to reach deal with Boeing
NEW YORK – Delta Air Lines Chief Executive Officer Ed Bastian said on Wednesday it was still trying to reach an aircraft deal with Boeing …
United Airlines CEO says air fares are returning to normal levels
CHICAGO – United Airlines Chief Executive Scott Kirby on Wednesday said air fares are returning to normal levels following the pandemic lows and there is …
Ford may slash ad spending, revamp dealers to boost EV profit, CEO says
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking …
Wells Fargo CEO sees $1 billion opportunity in growing investment bank
By Elizabeth Dilts Marshall and Niket Nishant NEW YORK – Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow …
Rimac raises $537 million in new funding round, CEO talks potential IPO
BERLIN – Rimac has raised 500 million euros ($537 million) in a new funding round, it said on Wednesday, but the Croatian carmaker’s chief executive …
Former CEO Indicted for Misleading Investors About COVID-19 Rapid Test Kits
NEWARK, N.J. – The former chief executive officer of a publicly traded health care company was charged in an indictment filed today with two counts …
Leonardo shareholders reject liability action against CEO
By Giulia Segreti ROME -Shareholders in Italy’s Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the …
UniCredit CEO rules out reopening of Monte dei Paschi talks
ROME – UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy’s Treasury over the sale of state-owned bank Monte dei Paschi …
Nestle CEO does not see ‘significant’ baby formula shortages outside U.S.
ZURICH – Nestle does not expect “significant infant formula shortages” in other markets the Swiss food maker serves outside the United States, Chief Executive Mark …
Volkswagen CEO defends operations in China’s Xinjiang, Handelsblatt reports
BERLIN – Volkswagen plans to continue operations at its plant in China’s Xinjiang region despite reports of human rights violations there, the chief executive said …
Former CEO of defunct medical testing laboratory sentenced to prison for medical kickback scheme
Seattle – The former Chief Executive Officer of Northwest Physicians Laboratory (NWPL) was sentenced today in U.S. District Court in Seattle to two years in …
How Broadcom CEO Tan shaped a tech giant through acquisitions
By Krystal Hu and Jane Lanhee Lee (Reuters) – Once a poor “skinny kid” from Malaysia, Hock Tan was going head-to-head with a legendary U.S. …
Bank Ceo Convicted For Taking Bribes In Connection With Loans Guaranteed By The Small Business Administration
Damian Williams, the United States Attorney for the Southern District of New York, announced today the conviction of EDWARD SHIN, then-CEO of a Pennsylvania-based bank …
Petrobras shares drop following CEO ouster, fuel price woes
By Gabriel Araujo, Lisandra Paraguassu and Gram Slattery SAO PAULO – Shares of Brazil’s state-run oil company Petrobras plunged on Tuesday after the government ousted …