Coffee futures dropped the most in more than three weeks as a forecast for showers boosted prospects for crops damaged by the worst drought in decades in Brazil, the world’s biggest grower and exporter.
National Australia Bank Ltd., the country’s largest lender by assets, said Chief Executive Officer Cameron Clyne will retire in August and be replaced by Andrew Thorburn, the head of its New Zealand unit.
Christine Reid punched the air when she heard Britain plans to tear up the limits on what people can do with their pension savings. Instead of relying on a “paltry” income, she can now invest in property.
In less than a decade, Marco Dunand and Daniel Jaeggi have turned a 10-person company supplying oil to a pair of Polish refineries into the world’s fourth-largest commodity trader with revenue topping $100 billion last year.
Jeffrey Zients made tens of millions of dollars building consultancies, helped bring Major League Baseball back to Washington and salvaged Obamacare’s rollout. He also counted Nelson Mandela among his wedding guests.
Apple Inc. is known for producing great products, like the iPod. Now Google Inc. with its acquisition of Nest Labs Inc. and its Apple alumni founder Tony Fadell, is hoping it produces great leaders who can replicate that success as well.