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Most mergers don't pay off
2014-11-27 05:10:00| Biotech - Topix.net
When pharmaceuticals giant Actavis said it was buying Allergan Inc. and Halliburton said it would take over rival oil-field servicer Baker Hughes, Wall Street rang up a rare $100-billion deal day that pushed the total value of mergers globally to more than $3.2 trillion for the year, according to banking research firm Dealogic. "This acquisition creates the fastest-growing and most dynamic growth pharmaceutical company in global healthcare," said Actavis Chief Executive Brent Saunders.
Business group attacks A 25m pay deal
2014-11-26 17:43:08| Oil & Gas - Topix.net
A pay deal proposed for the new head of gas explorer BG Group has been branded "excessive and inflammatory" by one of the UK's leading business lobby groups. The Institute of Directors said a A 25m deal for Helge Lund would damage the reputation of UK business if approved at a shareholders' meeting next month.
Banker Pay Is Where Nordic Sex Equality Ends as Women Lag Behind
2014-11-26 08:40:45| Appliances - Topix.net
Annika Falkengren, the chief executive officer of Stockholm-based bank SEB AB says Sweden needs to do more to bring gender equality into the corporate sphere. In a December interview, she cautioned against "glorifying" Sweden, because there are still "so few women at the very top."
Mauritius sugar industry workers strike over pay dispute
2014-11-26 06:23:44| Sugar Industry News
PORT LOUIS (Reuters) - Around 4,000 workers in the Mauritius sugar industry went on indefinite strike on Wednesday over a pay dispute with sugar producers, potentially hitting output of the island's key crop.
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Wealth management firm ordered to pay $3.8 million to Exxon retirees
2014-11-26 05:09:22| Oil & Gas - Topix.net
The Financial Industry Regulatory Authority ordered Houston-based U.S. Capital Advisors LLC to pay Exxon Mobil retirees $3.8 million in arbitration ruling. The Financial Industry Regulatory Authority has ordered U.S. Capital Advisors LLC to pay more than $3.8 million to a group of 19 retirees of Irving-based Exxon Mobil Corp. , Reuters reported .
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