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Shareholder group fights pay package for Baer’s Collardi, again

April 3, 2016 by · Leave a Comment 

Julius Baer Chief Executive Officer Boris Collardi's 6.16 million-Swiss franc ($6.44 million) pay package has hit resistance, with a shareholder group announcing it will oppose the compensation at the April 13 annual general meeting. Actares, also known as Association of Shareholders for Sustainable Business, published its recommendation against Collardi's 2015 pay on its website on Friday. Collardi's compensation has been an issue before, when in April 2013 nearly two-thirds of shareholders voted against the

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Shareholder group fights pay package for Baer’s Collardi, again

10-88-million

Russian oil output highest in 30 years ahead of Doha meeting

April 3, 2016 by · Leave a Comment 

By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …

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Russian oil output highest in 30 years ahead of Doha meeting