Boeing safety system not at fault, says chief executive

Image copyright Reuters Image caption Boeing chairman and chief executive Dennis Muilenburg Boeing’s boss has refused to confess {that a} system launched in its 737 Max eight plane was flawed following two deadly aircraft crashes. Appearing in entrance of buyers and the media, Dennis Muilenburg maintained the system was just one consider a series of occasions that led to the disasters. But new experiences have raised recent questions concerning the aircraft’s safety. It has emerged that whistleblowers linked to Boeing contacted the US airline regulator concerning the system. Meanwhile, the…

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RBS chief executive Ross McEwan resigns

Image copyright Getty Images The chief executive of RBS, Ross McEwan, has resigned after 5 and a half years within the put up. Mr McEwan stated that he had “delivered the strategy” that he set out when taking up in 2013. Under his management the financial institution has closed a whole lot of branches, however final 12 months reported a revenue of £1.62bn, greater than double the revenue of the earlier 12 months. He will stay within the function till a successor has been appointed. “It is never easy to…

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Jailed French executive who felt force of US bribery law

Image copyright Brigitte Baudresson Image caption Pierucci’s five-year ordeal is a cautionary story for globe-trotting executives In April 2013, as Frédéric Pierucci stepped off a aircraft at New York’s JFK airport throughout a routine enterprise journey, he was seized and handcuffed by uniformed males. The 45-year-old executive for Alstom, a French power and transport group, was then pushed to the FBI constructing in Manhattan, the place the rationale for his arrest grew to become clear. In 2003-4, a federal prosecutor defined, Pierucci had authorised bribes to Indonesian officers to safe…

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Ghosn: Renault piles pressure on former chief executive

Image copyright AFP Image caption Carlos Ghosn is on bail in Japan awaiting trial Renault’s board has accused former chief executive Carlos Ghosn of “questionable and concealed practices”. The French carmaker additionally stated it will cease Mr Ghosn’s pension, regarded as price €765,000 (£653,00) a yr, including that it reserved the best to carry motion towards him within the courts. It is the primary time Renault has publicly criticised its former star executive, at present on bail in Japan. On Wednesday, he vowed to carry a press briefing subsequent week…

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Meng Wanzhou: Huawei chief executive can be extradited, Canada says

Image copyright Reuters Image caption Meng Wanzhou is out on bail and residing in Vancouver, Canada Canada has stated it’s going to permit the US extradition case towards Huawei’s chief executive to maneuver ahead, however the courtroom should make a closing choice. The US desires Meng Wanzhou, Huawei chief monetary officer, to face trial on fees together with fraud linked to the alleged violation of sanctions on Iran. Ms Meng was arrested in Canada in December on the behest of the US. The high-profile detention had soured relations between China…

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Importance of Executive MBA Programs in India

Executive MBA packages in India are thought-about to be one of the very best packages and regarded to be excellent for the working skilled. Numerous varieties of administration packages can be found for the professionals in totally different schools. Executive MBA in Delhi is gaining super recognition. Several working professionals are taking lively half in the common government packages. Some of the packages in which you’ll participate embody: 1. Executive Masters in Business Administration 2. Executive Management of Business Finance 3. Executive Education Program in Operations Management 4. Executive Masters…

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Spinnaker receives Supply and Demand Chain Executive Magazine green supply chain award | SCM

Supply chain consulting agency, Spinnaker, has obtained the Supply and Demand Chain Executive Magazine Annual Green Supply Chain Award for 2018. This 12 months marks the eighth consecutive 12 months that Spinnaker has obtained the award. The award recognises small-mid and giant scale enterprises for leveraging green practices and options to drive sustainable practices inside their supply chains. Spinnaker’s service centres round demand/supply planning, procurement and sourcing, logistics and warehousing, and reverse logistics enterprise efficiency.  The firm’s supply mannequin combines skilled administration and know-how consultants with a seasoned staff of…

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