Kenya Airways names new acting CEO from Jan. 1 By Reuters


By Omar Mohammed NAIROBI (Reuters) – Kenya Airways (NR:) named the head of its low-cost subsidiary as its new acting chief executive officer on Monday after its current boss announced his resignation in May amid the loss-making carrier’s renationalization process. The new acting CEO Allan Kilavuka has been CEO ofRead More →

Backlash grows against sale of domain names company


The Netherlands chapter of The Internet Society has hit out against the sale of the .org domain to private equity firm Ethos Capital, over concerns that it will lead to censorship and increased prices. Earlier this month, The Internet Society (ISOC) – a U.S. non-profit which oversees internet standards –Read More →

British lender Glenhawk names business development manager By Reuters


© Reuters. British lender Glenhawk names business development manager (Reuters) – British lender Glenhawk on Monday named Peter Turner business development manager. Turner, who joins the company from ShawBrook Bank, will report to Nick Hilton, director of lending. He would be responsible for expanding Glenhawk’s broker relationships, the company saidRead More →

Citi names head of EMEA commercial banking By Reuters


(Reuters) – Citigroup Inc (NYSE:) on Monday named Raymond Gatcliffe as head of commercial banking for Europe, the Middle East and Africa (EMEA). Gatcliffe, who joined the company in 1994, will be based in London. He will report to Sunil Garg, global head of Citi Commercial Bank, and David Livingstone,Read More →

BlueMountain names slate for PG&E board By Reuters


© Reuters. BlueMountain names slate for PG&E board By Svea Herbst-Bayliss NEW YORK (Reuters) – PG&E Corp investor BlueMountain Capital Management LLC on Friday named 13 people it hopes to install as directors at the embattled power utility weeks after the company filed for bankruptcy in the wake of California’sRead More →