Executive Compensation

UPDATE 1-Aviva says will compensate customers sold wrong annuities

LONDON, Nov 22 - British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.

Aviva sold inappropriate pensions - Telegraph newspaper

LONDON, Nov 22 - British insurer Aviva plc is paying compensation and increasing the annual payouts of hundreds of customers after discovering staff sold inappropriate pensions, the Telegraph newspaper reported on Saturday.

22 Nov 2014

INTERVIEW-Golf-Garcia weary as Dubai challenge falls flat, Els eyes 2015

DUBAI, Nov 22 - Sergio Garcia admitted he was weary after failing to make up any ground on the leaders at the DP World Tour Championship on Saturday, carding a third-round 69 that gives the Spaniard little hope of claiming second spot on the European money list.

22 Nov 2014

Transvaginal mesh trial losses put pressure on Boston Scientific

NEW YORK - Boston Scientific Corp’s back-to-back losses in the first two federal trials over its transvaginal mesh devices could drive up the cost of resolving thousands of similar lawsuits, according to legal experts.

22 Nov 2014

Alibaba smashes Asian record

NEW YORK, Nov 21 (IFR) - Alibaba Group wowed the markets on Thursday with the largest US dollar bond sale on record from an Asian company, pricing its US$8bn debut at levels even tighter than some of the world's best-known issuers.

IPOs, Regulatory News 21 Nov 2014

BRIEF-Partners Group Holding says Chairman of Nomination & Compensation Committee to retire in May

* Says Wolfgang Zuercher, current Chairman of Partners Group's Nomination & Compensation Committee, will retire from Board Of Directors as of May 13, 2015

21 Nov 2014

Romanian prosecutors probe their own crime unit chief

BUCHAREST, Nov 21 - Romanian prosecutors obtained permission on Friday to detain their own organised crime unit chief pending a criminal investigation, the latest in a series of high-profile corruption cases in the eastern European state.

21 Nov 2014

UPDATE 1-Russia mulls oil output cut, no decision yet -energy minister

* Novak, Rosneft's Sechin to fly to Vienna before OPEC meeting (Adds Lavrov, Alekperov)

21 Nov 2014


Editor: Malcolm Davidson +44 20 7542 6958

21 Nov 2014

S.Korea announces four more nuclear reactors to be built

SEOUL - South Korea said on Friday it will start to construct two new nuclear power plants in 2017 at the earliest and another two by 2022, making a total of 11 new nuclear plants planned by 2024.

World, Nuclear Power 21 Nov 2014