Companies
BA boss ’emails staff to ask them not to speak about catastrophic computer failure’
The boss of British Airways (BA) has reportedly tried to stop staff commenting on the computer system failure that resulted…
South Africa Famous Brands scraps dividend as acquisitions boost debt
Famous Brands, South African food services franchising company has scrapped its dividend on Monday for the first time in 13…
Ford’s changes at the top aimed at faster decision-making
Few days back, Jim Hackett, relatively newcomer to the auto industry replaced veteran Mark Fields as Ford Motor Co. CEO, and Ford said…
Beijing bling: Hyundai plots China branding reboot after missile row
Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor (005380.KS) will open its…
Rapper Jay Z’s streaming service, TIDAL loses its third CEO in two years
Jay Z’s streaming service Tidal is undergoing another executive change as Jeff Toig, the current CEO, leaves the company after…
New York court fines UPS $247mn for smuggling contraband cigarettes
The world's largest package delivery company United Parcel Service (UPS) has been ordered to pay $247 million in damages and…
