Business

China Huarong confirms chairman departs after probe, shares tumble

SHANGHAI/HONG KONG (Reuters) - China Huarong Asset Management Co confirmed its chairman Lai Xiaomin, who is under investigation for alleged corruption, had stepped down, sparking an 11 percent tumble in shares of the nation's biggest bad debt manager on

World

Risks to the global economy will begin materializing in 3 years 'at the latest,' says UBS chairman

The world economy is set for one of its best years since the crisis, but risks loom, says UBS chairman Axel Weber.

Football

Accrington Stanley chairman Andy Holt reveals how club famous for 80s’ TV advert is now milking it with promotion just three years after he rescued them

WITH Accrington celebrating Tuesday’s promotion from League Two, SunSport’s TOM BARCLAY talks to chairman Andy Holt. The Stanley supremo has only been with the club for 2½ years but it has been one heck of a journey. From not even being able to pay t

United Kingdom

Who is Baroness Warsi, why did she resign from government, who’s her husband and what’s her foundation?

BARONESS Sayeeda Warsi was the first Muslim woman to serve in the cabinet, and now runs a prominent charity. But why did she resign, who is she married to, and what does her foundation do? Here’s our lowdown… Who is Baroness Warsi? Baroness Wa

United Kingdom

Save the Children chairman Sir Alan Parker resigns

Sir Alan Parker says a change is needed because of challenges facing the charity and the sector.

Business

Mattel's CEO Georgiadis heads to Ancestry. Toymaker taps Ynon Kreiz to replace her

Kreiz was slated to be elected as the board's chairman at its shareholder meeting on May 17.

Business

Mothercare chairman steps down weeks after chief executive departs

The chairman of Mothercare has stepped down just weeks after the troubled retailer’s chief executive was asked to leave following a decline in sales, as crunch talks with creditors continue.

Technology

Vivendi's chairman brushes off criticism over investment in Telecom Italia

PARIS (Reuters) - Vivendi's chairman and top investor Vincent Bollore brushed off criticism over the media group's investments in Telecom Italia (TIM) on Thursday.

World

Hyperloop wants to bring its futuristic people-mover to the Middle East — and it wants to do it soon

Hyperloop Transportation Technologies Chairman Bibop Gresta said the company will build an initial 10-kilometer track in Abu Dhabi.

Football

Accrington Stanley chairman Andy Holt repays his promotion heroes with £1 pints… and they could soon be getting free Big Macs and McDonald’s next season

CHAIRMAN Andy Holt treated his Accrington Stanley heroes with an all-night extension of his customary Winners’ Hour. The affable Accy supremo reduces the cost of pints in the club bar to £1 for an hour as a reward when the team wins. But after Tuesday

Football

Fleetwood Town chairman Andy Pilley explains why he opted chose controversial Joey Barton as manager

FLEETWOOD chairman Andy Pilley insists Joey Barton’s betting ban did not put him off taking a punt on the ex-Burnley star as manager. Barton was hit with an 18-month suspension, reduced to 13, a year ago for breaching FA gambling rules. It ends on June

Business

China Huarong shares halted as chairman investigated for suspected graft

HONG KONG (Reuters) - Trading in shares of China Huarong Asset Management Co Ltd and two of its units were suspended on Wednesday after Beijing said it was investigating the chairman of the country's biggest manager of distressed assets for suspected gra

Politics

EPA defends Pruitt amid report he used 4 government email accounts

The Environmental Protection Agency defended its embattled boss, Scott Pruitt, after the Republican chairman of a Senate committee noted that Pruitt apparently used four government email accounts.

Politics

Senate VA panel chairman: Ronny Jackson hearing set for April 25

Rear Adm. Ronny Jackson, whose path to become the next Veterans Affairs secretary remains unclear, will go before the Veterans Affairs' committee April 25, according to committee chairman Sen. Johnny Isakson.

Business

Trump Set to Nominate Clarida, Bowman to Fed Board

Donald Trump is set to announce Monday two nominees to the Federal Reserve Board—Columbia University economist Richard Clarida as vice chairman and Kansas Bank Commissioner Michelle Bowman as a governor.

Northern Ireland

RHI chairman disputes ex-DUP adviser's 'innuendo' claim

The public inquiry hears a sharp exchange over the absence of note-taking at ministerial meetings.

United Kingdom

Wetherspoon pub chain shuts its social media accounts

Chairman Tim Martin linked the move to bad publicity about social media, including the trolling of MPs.

World

Gen. Dunford says targets linked to chemical weapons

U.S. Chairman of the Joint Chiefs of Staff Joseph Dunford said on Friday that "the targets that were struck and destroyed were specifically associated with the Syrian regime's chemical weapons program." At the Pentagon, Chairman Dunford and U.S. Defe

Northern Ireland

RHI inquiry: Foster's department 'dysfunctional' says judge

RHI inquiry chairman Sir Patrick Coghlin says key meeting should have been minuted.

Sport

Russia's Prokhorov sells 49 percent in Brooklyn Nets basketball team

MOSCOW (Reuters) - Russian billionaire Mikhail Prokhorov has sold a 49-percent stake in the Brooklyn Nets basketball team to Joe Tsai, the executive vice chairman and co-founder of the Alibaba Group, the NBA team said in a statement.

World

Police investigate second angry daughter of Korean Air Lines chairman

SEOUL (Reuters) - South Korean police have launched an inquiry into reports a daughter of the chairman of Korean Air Lines threw a water bottle at someone's face, the second daughter of the airline chief to get into trouble over an angry outburst.

Technology

Former Qualcomm chairman Paul Jacobs is assembling buyers to take it private

Paul Jacobs, who was ousted as Qualcomm's chairman in March, is talking to strategic investors, including SoftBank-owned ARM, and sovereign wealth funds to take Qualcomm private.

Property

Between millennials and boomers, housing is seeing bullish tailwinds, says Taylor Morrison CEO

Jim Cramer sits down with Sheryl Palmer, the chairman and CEO of Taylor Morrison Home Corp., for her take on the state of housing and women in business.

Politics

U.S. Senate Judiciary chairman seeks vote on special counsel bill - CNN

WASHINGTON (Reuters) - The head of the U.S. Senate Judiciary Committee wants the panel to vote as soon as Thursday on a bipartisan bill aimed at protecting the U.S. Special Counsel investigating alleged Russian meddling in the 2016 presidential election a

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