Nedbank Group Ltd., the South African lender controlled by Old Mutual Plc, increased Chief Executive Officer Mike Brown’s pay 13 percent to 32.5 million rand ($3.1 million) after profit rose more than estimated.
Nedbank Group Ltd., the South African lender controlled by Old Mutual Plc, said it would consider governance issues before deciding whether to exercise an option to buy a stake in Ecobank Transnational Inc.
When voters approved a sales-tax increase to pay $540 million toward stadiums for Cincinnati’s professional baseball and football teams almost two decades ago, city leaders promised lower property levies and a business district along the Ohio River.
London Underground managers will meet unions tomorrow after a two-day strike over job cuts and ticket- office closures ending at 9 p.m. left commuters grappling with reduced services, shuttered stations and snarled traffic.
The Los Angeles Lakers reached an agreement in principle with former Cleveland Cavaliers coach Mike Brown to be the successor to Phil Jackson , who is retiring after winning five of his record 11 National Basketball Association titles with the Lakers.