LONDON (Reuters) – Britain’s financial markets regulator on Thursday proposed a package of measures aimed at improving competition in the investment platforms market, including restricting the use of exit fees. It follows initial recommendations set out last July to help five types of customers in the 500 billion pounds sector, dominated by Hargreaves Lansdown along […]

Read More → FCA to curtail investment platform exit fees

(Reuters) – One of Nissan Motor Co’s (7201.T) top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North America, speaks during the North American International Auto Show in Detroit, Michigan, U.S., January 9, […]

Read More → Nissan top exec Munoz resigns amid broadened Ghosn probe

The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said. Source link

Read More → UK pay gap between CEOs and staff widens – lobby group

(Reuters) – Shares of Tesla Inc (TSLA.O) fell as much as 4 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitter. FILE PHOTO: A Tesla showroom is seen in Santa Monica, California, U.S., January 4, 2018. […]

Read More → Tesla shares fall after Musk mocks SEC on Twitter

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 13 percent in early trading on Friday as Wall Street worried a lawsuit from U.S. regulators could force Chief Executive Elon Musk to step down and make it difficult for the loss-making carmaker to raise more capital. A parking sign is shown at a newly installed Tesla […]

Read More → Fears for Musk’s future sink Tesla shares

NEW YORK/SAN FRANCISCO (Reuters) – The U.S. Securities and Exchange Commission on Thursday accused Tesla Inc (TSLA.O) Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month. […]

Read More → SEC sues Musk for fraud, seek to remove him from Tesla

LONDON (Reuters) – BT Group (BT.L) is in advanced talks to appoint payment technology provider Worldpay’s (WP.N) outgoing co-chief executive Philip Jansen as its new CEO, Sky News reported on Saturday. British Telecom (BT)’s headquarters is seen in central London, Britain May 10, 2018. REUTERS/Hannah McKay Worldpay said on Wednesday that Jansen would step down […]

Read More → BT approaches Worldpay’s Philip Jansen to be new CEO: Sky News