1. 1-11 of 11
    1. HSBC Chief Scores Bumper Farewell Pay Package

      HSBC Chief Scores Bumper Farewell Pay Package

      LONDON • HSBC has awarded departing chief executive Stuart Gulliver a £6.1 million (S$11.2 million) pay package for his final year in charge, teeing up a possible clash with investors who have challenged the lender's largesse for years. Mr Gulliver, who is leaving the bank after more than 37 years' service, including seven years at the helm, earned an annual bonus of £2.1 million last year on top of £3.9 million in salary, allowances and benefits...

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      Mentions: Investors HSBC risk
    2. Nestle Pays $570M for Stake in US Coffee Chain

      Nestle Pays $570M for Stake in US Coffee Chain

      LONDON/LOS ANGELES • Nestle has bought a majority stake in California-based Blue Bottle Coffee, marking a first step by the packaged coffee leader into the hipster world of speciality bars that serve high-end, single-origin and cold-brewed coffees. The world's largest food and drinks company, which owns Nescafe instant coffee and Nespresso brewers, announced the purchase of a 68 per cent stake in Blue Bottle on Thursday without disclosing financial terms...

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    3. Coach Snags Rival Kate Spade for US$2.4B

      Coach Snags Rival Kate Spade for US$2.4B

      BERLIN (BLOOMBERG) - Coach Inc agreed to buy handbag maker Kate Spade & Co for US$2.4 billion following months of talks, helping the luxury brand cope with an industry racked by deep discounting and sluggish demand. The US$18.50-a-share transaction represents a premium to Kate Spade's price when deal speculation first surfaced in December, but it's well below the amount investors were betting on in more recent months...

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      Mentions: Investors
    4. Samsung Succession in Disarray Amid Leader's Criminal Case

      Samsung Succession in Disarray Amid Leader's Criminal Case

      (BLOOMBERG) - The long-orchestrated plan to cement Mr Jay Y. Lee's position atop Samsung Group may put him in jail instead, raising questions about who would step in to run South Korea's biggest conglomerate in the aftermath. Prosecutors are seeking Mr Lee's arrest on allegations including bribery and embezzlement, which could prompt him to relinquish duties at the family business if proven...

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    5. Galaxy Recall Puts Samsung's Profits and Next Leader on the Line

      Galaxy Recall Puts Samsung's Profits and Next Leader on the Line

      SEOUL • Exploding batteries and an embarrassing recall of a flagship gadget during a controversial, closely watched leadership transition - it has been a bad year for Samsung, and analysts warn that the trouble is not over yet. As competition grows fiercer in the saturated smartphone market, South Korea's largest firm is desperate to avoid a full-blown disaster that could cost billions, dent its reputation and taint its new leadership...

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    6. Corporate Governance up but Scores Remain Low

      Corporate Governance up but Scores Remain Low

      Lee Xin En Companies here may be lifting their corporate governance standards but their scores are still low and the rate of improvement seems to be slowing. The Singapore Governance and Transparency Index (SGTI) was unveiled yesterday at a forum on the index held at the Mandarin Orchard. The SGTI is an enhanced version of the Governance and Transparency Index (GTI), which began in 2009, including an additional section on stakeholder engagement.....

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    7. 3 New Members Appointed to Board of Singapore Land Authority,

      3 New Members Appointed to Board of Singapore Land Authority,

      Three new members have been appointed to the board of the Singapore Land Authority, the Ministry of Law announced on Monday (July 4). They are Mr Yeoh Oon Jin, the executive chairman of PricewaterhouseCoopers Singapore; Ms Lock Yin Mei, a partner at Allen & Overy LLP, and Mr Ho Chee Pong, the director-general of Singapore Customs. They will each be appointed for a term of two years, which starts on Aug 1.....

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    1-11 of 11
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