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Cellcom Israel appoints Avi Gabbay as CEO
(Reuters) – Cellcom Israel <CEL.TA>, the country’s largest mobile phone company, said on Saturday it had appointed telecom executive and politician Avi Gabbay as its chief executive officer. The appointment of Gabbay, who was the top executive at Bezeq Israel Telecom <BEZQ.TA> before entering Israeli politics in 2014, will take effect on Jan. 19, Cellcom […]
Brazil’s Petrobras says board member Lins tenders resignation: filing
BRASILIA (Reuters) – Brazil’s state-run oil company Petroleo Brasileiro <PETR4.SA> said on Thursday that board member Clarissa Lins had tendered her resignation. In a securities filing, Petrobras said Lins cited “professional reasons that prevent (her) at this time from continuing to perform such duties.” (Reporting by Jamie McGeever; editing by Jason Neely)
Michael Kors, Versace Parent Company Logs $219 Million Profit As Luxury Sector Rebounds
Capri Holdings Limited is starting to show tangible signs of a comeback. The fashion group — parent company to the Michael Kors, Versace and Jimmy Choo brands — revealed quarterly earnings Friday morning before the market opened, improving on top-line revenues across all three brands and logging $219 million in profits as the luxury sector […]