Mubarak ‘on life support’ as Egypt takes on leaders again.
Paddy Power agrees to pay £80,000 underpants fine.
Julian Assange seeking asylum in Ecuadorian embassy in London.
‘Money’ Mayweather tops the rich list – despite being in jail US boxer earns $85m for hour’s work.
The company behind Boots is selling a 45% stake to Walgreens, the largest pharmacy and health store in the US, which could take full control after three years.
Microsoft to launch tablet to rival Apple.
Diageo plans to shake up the marketing strategy for its Baileys cream liqueur brand following poor sales across Western Europe.
Mail Newspapers group advertising director John Teal is to leave the newspaper publisher in the autumn after 25 years.
Yahoo has hired former Admeld chief executive Michael Barrett from Google, as its new chief revenue officer.
Glue Isobar has launched an innovation lab in the UK called Isobar Nowlab in an attempt to harness the potential of new technology.
British Airways, a tier-one Olympic sponsor, is showing its commitment to Team GB in a fresh Olympics push that urges people to stay at home for the Games.
AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
The underwriter of index and fixed rate annuities said its CEO Wendy Waugaman had passed away.
WELLS FARGO & CO
The company ny hired advisers Michael Landsberg, Lewis Bennett and Anthony Dubbaneh. The three veteran brokers were earlier with Merrill Lynch, the brokerage unit owned by Bank of America .
JP MORGAN Chase & CO
Bessemer Trust hired Rebecca Patterson as chief investment officer with effect from July 16. Rebecca who worked as chief markets strategist at JP Morgan Chase & Co will replace Marc Stern.
U.S. COMMODITY FUTURES TRADING COMMISSION
The CFTC announced that Chief Economist Andrei Kirilenko will depart at the end on 2012 to become professor of the practice of finance at the Massachusetta Institute of Technology Sloan School of Management. Andrei joined CFTC in May 2008 and became chief economist in Dec 2010.
BNY MELLON WEALTH MANAGEMENT
The company appointed Jeffrey Mortimer as the director of investment strategy. Jeffrey worked with Charles Schwab Corporation for 13 years in various positions, last as the chief investment officer.
STATE STREET CORP
The custody bank named Valerie Haertel senior vice-president of investor relations. Haertel replaces Kelley MacDonald who is retiring.
The firm hired former Goldman Sachs Group Inc and Standard Chartered Plc banker Peter Wheeler as co-head of its Southeast Asian operations and an executive vice-chairman of the group.
The accountancy firm named Robert Schmitz and Richmond Ang as managing directors to take leading roles in growing the Debt Advisory and Restructuring practice for Southeast Asia.
The firm appointed Eisuke Sakakibara to its advisory council. Sakakibara, who served as Japan’s vice-minister of finance and international affairs, was known as Mr Yen in the 1990s when he spearheaded intervention to stem the yen’s rise.
NEUBERGER BERMAN GROUP LLC
The asset management firm appointed Thomas Holzherr as senior vice-president of business development, Hong Kong and Vincent Lim as senior vice-president of business development, Singapore. It also named Johnny Wong as senior vice-president and country head of Taiwan.
SOCIETE GENERALE CORPORATE & INVESTMENT BANKING
The bank appointed Brian Curran in a newly created role as head of portfolio trading and quantitative distribution for UK and Northern Europe in its global equity flow business. Curran joins from Royal Bank of Scotland where he worked for 12 years in a variety of sales roles.
BARNETT WADDINGHAM LLP
The actuary and consultancy firm appointed Cameron Heath to lead the expansion of its Solvency II offering within its insurance consulting practice. Heath joins from Standard & Poor’s, where he was the global head of Non-Life Reserving and the European head of insurance linked securities.
The global built asset consultancy named Stephen Norris global account leader for Property and Asset Management, Mike Nugent global account leader in the water and utilities sectors, and Paul Webber global account leader in the power and energy sectors.
FUTURE CAPITAL PARTNERS
The alternative investment firm named Anthony Rogers business development manager. Rogers joins from tax planning firm Lord Associates.