Business

Infosys Appoints Salil S. Parekh as CEO and Managing Director

Kiran Mazumdar-Shaw, chairperson of the Infosys nomination and remuneration committee, said, "After a comprehensive global search effort, we are pleased to appoint Salil as the CEO & MD". "I would like to thank Parekh for his involvement in the Capgemini journey and contribution to the development of the group in India and the United States", said Capgemini Chairman and Chief Executive Paul Hermelin in the statement.

Business

A bitter pill for bank branch customers

At this time it is only Scottish RBS branches that are closing but this could change in the near future. In England and Wales the number of NatWest branches will fall to 655. so that we can reach even more customers". The situation has sparked fears that some communities will be left without bank branches, with many still unfamiliar with online processes.

Business

Japanese phenom Shohei Ohtani is now available to Major League Baseball teams

While the bulk of MLB's release detailed rules of the new system that will be in effect from November 2018-October 2021, Ohtani will be everyone's focus in the short term. The teams with the most to offer include the Rangers ($3,335,000), the Yankees ($3.25 million) and Twins ($3,245,000). Ohtani's representatives recently sent a questionnaire to all 30 clubs, requesting each team's plan for Ohtani.

Business

CME schedules bitcoin futures launch

Derivatives marketplace operator CME Group will launch a bitcoin futures product on December 18, ending speculation as to when the much-anticipated offering would be available on the US markets. As trading on these DCMs evolves, the Commission will continue to assess whether further changes are required to the contract design and settlement processes and work with the DCMs to effect any changes.

Business

German market evacuated after package with nails found

They later tweeted that the device had been defused . Later in the day, police said the cylindrical object contained nails, wires and batteries but no detonator. The number of police officers and private guards has multiplied in Christmas markets, which opened last week in Germany . The package was dropped off by a messenger service in the afternoon at a chemist in the Brandenburg state capital just as crowds were gathering at the nearby Christmas market.

Business

Thousands of American Airlines flights next month have no pilots

Thousands of pilots were able to schedule breaks December 17-31, leaving flights scheduled to depart from American's most bustling hubs pilotless, including airports in New York City, Miami, Dallas and Chicago. "We have more reserve pilots on hand in December than [in] normal months and they provide us with the ability to fly numerous trips that are now uncovered", American said in its initial statement on Thursday.


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