1. Articles from gulfnews

    gulfnews.com

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    1. Asia’s Corporate Boardrooms Struggle with Gender Parity

      Asia’s Corporate Boardrooms Struggle with Gender Parity

      Even by Asia’s low standards when it comes to having women on corporate boards, the progress of the region’s billionaires is lagging: Most of the richest men in China, Japan and South Korea run companies with few, if any, female board members. The situation is particularly extreme among Asia’s biggest tech companies with billionaire founders...

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      Mentions: CEO Samsung Alibaba
    2. Activist Investor Takes a Strong Liking to Nestle

      Activist Investor Takes a Strong Liking to Nestle

      Dan Loeb once branded a CEO who’d defied him as a “CVD” — chief value destroyer. He went on to call the two great-grandsons of that company’s founders’ members of the “Lucky Sperm Club”. To another CEO, Loeb once advised: “Do what you do best: Retreat to your waterfront mansion in the Hamptons where you can play tennis and hobnob with your fellow socialites.” All that was more than a decade ago, when Loeb’s activist hedge fund — and the investor himself — were younger, and building their reputation on Wall Street as Generation X’s answer to the green-mailing ...

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    3. Spotify Losses Widen After Music Site Flags Accounting Error

      Spotify Losses Widen After Music Site Flags Accounting Error

      LONDON: As Spotify prepares for an initial public offering, the music-streaming site has flagged a number of errors in its previous results, revealing a significant increase in losses. According to accounts filed Wednesday in Luxembourg for Spotify Technology SA, over 2015 the company actually posted a further loss before tax of 61.8 million euros (Dh250 million; $68 million), on top of an original deficit of 164.8 million euros...

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    4. Samsung Value Falls $17b as Note 7 Sales Halted

      Samsung Value Falls $17b as Note 7 Sales Halted

      Singapore, Seoul: Samsung Electronics Co halted sales of its Galaxy Note 7 smartphones and asked consumers to stop using the ones they’ve already purchased, another blow to South Korea’s largest company as it struggles with a crisis over exploding batteries. Shares plunged, cutting $17 billion (Dh62.41 billion) from its market value. Samsung has already recalled the Note 7 once and the latest move comes after customers reported that replacement phones were also catching fire...

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      Mentions: Investment
    5. Hire Women on Boards and be More Profitable

      Hire Women on Boards and be More Profitable

       They bring more than just their cosmetics. Relevant studies concluded that women’s presence on a company’s boards of directors could bring benefits that include higher profits. But so far, women’s participation on board of directors are very limited in the Gulf region and the rest of the Arab countries due to social factors and norms.....

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    6. Procter & Gamble directors face own challenges

      As executives confront financial, operational and macroeconomic difficulties at the companies they run * Bloomberg * Published: 16:15 September 4, 2012 * Gulf News * Michigan: Procter & Gamble Co.’s directors are facing a time management challenge: monitoring Chief Executive Officer Robert McDonald’s turnaround plan while running their own companies. Until Angela Braly resigned as WellPoint’s top executive last week, six of the 10 outside directors

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    1-11 of 11
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