Barclays refreshes board with Soros' Fitzpatrick, ex-PIMCO boss El-Erian

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Barclays refreshes board with Soros' Fitzpatrick, ex-PIMCO boss El-Erian

LONDON (Reuters) – Barclays (BARC.L) Chairman Nigel Higgins has secured two of the biggest names in global finance to revitalise the board of the British lender, in its latest attempt to quell dissent from rebel shareholder Edward Bramson. The bank said on …
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Ericsson makes $1.2 billion provision to settle US probes, flags third-quarter hit

(Reuters) – Mobile telecom gear maker Ericsson said on Thursday its third-quarter results will be hit by a 12 billion Swedish krona ($1.23 billion) provision it was making for U.S. probes into past corruption allegations. FILE PHOTO: An Ericsson logo is pictured …
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IAG Warns of Decline in Earnings After British Air Strikes

IAG SA cut its capacity-growth target and said full-year earnings will fall after the owner of airlines such as British Airways suffered from strike action and weak bookings at low-cost carriers. Operating profit before exceptional items will be 215 million euros …
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Thomas Cook: Pilots furious as German airline saved while UK government refuses to help

A pilots’ union is furious that the UK government refused to bail out Thomas Cook, while the company’s German airline, Condor, is still flying. At least 9,000 airline, travel agency and head office staff working for Thomas Cook in the UK lost their jobs when the …
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The Impossible Burger has arrived in grocery stores on the US East Coast

(CNN) Good news for vegetarians on the East Coast of the United States — the Impossible Burger is arriving at your grocery stores. Starting Thursday, the soy-based meat substitute will be available in select grocery stores along the East Coast, less than a …
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