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| Saturday, Aug 03, 2013 06:10 PM PDT | |
| Today's Reuters Science News Headlines - Yahoo! News: | |
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| Kuwait forms new Cabinet, names al-Shamali oil minister Saturday, Aug 03, 2013 06:10 PM PDT  ABU DHABI (Reuters) - Mustapha al-Shamali was appointed oil minister in Kuwait's new Cabinet, state news agency KUNA said on Sunday after a parliamentary election in the major crude producer last month. The position was previously held on an acting basis by al-Shamali, after his predecessor, Hani Hussein, resigned in May under pressure from parliament. Oil policy in the OPEC member state is set by a Supreme Oil Council, so ministerial changes are less important than in other countries. ... Full Story | Top |
| New Siemens CEO says played no role in his predecessor's ouster Saturday, Aug 03, 2013 03:09 PM PDT  FRANKFURT (Reuters) - Joe Kaeser, the new chief executive of German engineering group Siemens, told a newspaper he played no role in the ousting of his predecessor Peter Loescher. Loescher was dumped in a boardroom battle after the company issued its second profit warning of the year last week. Kaeser, previously finance chief at Siemens, became the company's new CEO on Thursday. "I worked very well with Mr. Loescher and was not involved in his replacement," German daily Nuernberger Nachrichten quoted Kaeser as saying in an excerpt of an interview to be published on Monday. ... Full Story | Top |
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