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Shareholder group fights pay package for Baer’s Collardi, again

Julius Baer Chief Executive Officer Boris Collardi's 6.16 million-Swiss franc ($6.44 million) pay package has hit resistance, with a shareholder group announcing it will oppose the compensation at the April 13 annual general meeting. Actares, also known as Association of Shareholders for Sustainable Business, published its recommendation against Collardi's 2015 pay on its website on Friday. Collardi's compensation has been an issue before, when in April 2013 nearly two-thirds of shareholders voted against the

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Shareholder group fights pay package for Baer’s Collardi, again

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Russian oil output highest in 30 years ahead of Doha meeting

By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …

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Russian oil output highest in 30 years ahead of Doha meeting

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp …

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts