Thursday 21 March 2019

Oil major Total CEO's compensation drops 17 percent in 2018: company document

Reuters.com Newsletter

Oil major Total CEO's compensation drops 17 percent in 2018: company document

The board of French oil and gas major Total has proposed total 2018 compensation for Chief Executive Patrick Pouyanne of 3.1 million euros ($3.55 million), compared with 3.8 million in 2017, company documents showed on Wednesday.

Overdone? Short EU equities 'most crowded' trade for first time

Fund managers have named bearish bets in European equities as the "most crowded" trade in Bank of America Merrill Lynch's survey for the first time in its history, suggesting sentiment for one of the world's most shunned markets may rise from here.

Role of a Lifetime: Life Lessons with Peter Krause

If you are looking for steady work, it is probably best not to go into show business. Unless you are Peter Krause, that is.

Mutual funds start to put their mouth where their money is

Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management.

Equity funds see biggest weekly inflows in a year: BAML

Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019's stock market rally, Bank of America Merrill Lynch said on Friday, citing flow data provider EPFR.

Advantage Lithium replaces CEO in wake of college admissions scandal

Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.

TPG Rise founder leaves firm in wake of U.S. college admissions scandal

TPG Capital senior executive Bill McGlashan on Thursday left the private equity firm after he was charged in connection with a U.S. college fraud scheme that has ensnared Hollywood celebrities and corporate elite.

U.S. stock funds lose inflows as stock rally continues

U.S. investors ended their longest buying streak since October by pulling money out of domestic stock mutual fund and exchange-traded funds last week on global concerns about economic growth in Europe, according to Investment Company Institute data released on Wednesday.

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