Yahoo CEO Bartz fired over the phoneYahoo Inc chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief financial officer Tim Morse will step in as interim CEO, and the More… |
BP, CNPC pay $500m signing fee for Iraq oilfieldBritish oil major BP and Chinese partner CNPC have paid a $500 million signature bonus due on the contract they won to develop Iraq's supergiant Rumaila oilfield, a senior Iraqi oil sector official said. The Iraqi Oil Ministry and the More… |