Reuters talk to the ex-executives of Yahoo to trace back the beginning of its fall. The meeting of Yahoo executives, in the spring of 2006, showed no apparent signs of crisis within the company. Yahoo was been a pioneer in the line of the internet, which had just made a profit of “$1.9 billion”...

The cosmetic-perfume industry is clearly growing with a forecast of +6.4% in 2020. The French re-mains the world's largest exporter of cosmetic products. So where is the next goldrush? Eric Jacquemet, president of the Sarbec Cosmetics group, which sells more than four products per second worldwide...

Roman to join PIMCO. Man Group Plc is the “biggest” hedge fund listed in the world, whereby the Chief Executive Officer of Man Group, Manny Roman will now be assuming the post of the new Chief Executive Officer of “Pacific Investment Management Co”.   On Wednesday, Man Group informed that...

The five largest manufacturers of trucks - Iveco, DAF, Volvo/Renault, Daimler and MAN - agreed to fix the prices of their cars, and together prevent introduction of technology to reduce emissions, said European Commissioner for competition Margrethe Vestager. The European Commission on Tuesday...

JP Morgan Chase will increase minimum wage of 18 thousand lower rank employees. In numerical terms, it is $ 12-16,5 per hour, according to The Wall Street Journal citing a statement of the company’s general director James Dimon. Amount of allowances to the salary will depend on geographic location...

Tesla is being investigated for potentially taking too long to disclose a fatal crash in May. The Securities and Exchange Commission is concerned about the crash that has called into question the safety of a system in the car that takes control of steering and braking, the Wall Street Journal...

Nike company announced that its board chairman Phil Knight, thanks to whom the company has become one of the global leaders in the sporting goods market, is resigning. His place will be taken by current President and CEO Mark Parker. Phil Knight himself will become the honorary chairman of the...

The Prince of Wales assigns his fourth chief executive. “HRH The Prince of Wales”, the president of “Business in the Community”, has announced Amanda Mackenzie as its chief executive, marking the fourth such position holder in its thirty four years long history.   In her working career,...

The controversy over Facebook’s ethics, prompted the company to set up an experts’ panel. According to a “media report”, Facebook, the giant of social networking, has published the detail steps regarding treatment of the personal data of Facebook users, whereby the company shows how it uses the...