May 22 Headlines
Apple chief defends tax practices and denies avoidance
Dimon victory despite investor backlash
BP moves to stop 'irreparable harm' of oil spill payouts
EU set to widen cap on bonuses
Nick Buckles bows out as G4S chief executive
Shell board grilled on Alaska oil project
Apple Inc Chief Executive Tim Cook defended the
technology company's tax practices, saying Apple did not depend
on "tax gimmicks" as U.S. senators grilled him over charges that
the company avoided billions of dollars in taxes on
A majority of JPMorgan Chase & Co shareholders voted
to let Jamie Dimon keep his chairman title, handing him a
decisive victory over shareholder activists who wanted to strip
him of the role.
BP has stepped up appeals against what it says are
unjustified compensation payments under the settlement it
reached with those affected by the 2010 Gulf of Mexico oil
Europe's banking regulator has broadened its bonus cap rules
to bring in far more bankers within the scope of the regulation.
G4S Chief Executive Nick Buckles has stepped down
with a 16 million pound package following a series of
embarrassments, raising shareholder fears over the future
direction of the company.
Some of Royal Dutch Shell's shareholders called for
a rethink of the company's Alaska plans amid questions over the
company's troubled drilling programme there.