Week in Review: 22/07/12
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In profit...
Losing your job should really mean you end up in the bottom bit of this column. But how can anyone who can now have a lie-in while dreaming of what he can do with £27.5m in the bank really be "at a loss"?
It emerged on Monday that David Brennan, who was ousted as chief executive at AstraZeneca in April, received that pay-off – which includes a £14m pension pot and £9m in shares he had amassed in the company.
Also on Monday, poorly punctuated internet search engine Yahoo! unveiled a new boss in the form of 37-year-old Marissa Meyer (left), a move celebrated by equality campaigners as the long-time Google executive is six months pregnant. She is also in line to earn more than $100m (£64m) over the next five years, though her base salary is "only" $1m.
On Thursday, Bob Keiller was promoted to become chief executive at oil services giant Wood Group, from being head of the group's PSN division.
...at a loss
The mighty Goldman Sachs hasn't fallen, but Tuesday's news that the investment bank's first-half revenue was at its lowest in seven years is certainly a bit of a stumble.
Chief Lloyd Blankfein, above, pointed to a tough second quarter, as clients reduced riskier activities in response to "continued instability in Europe and concerns about global growth".
If rain has ruined your barbecue plans, spare a thought for insurance giants, particularly RSA. Chief executive Simon Lee said on Wednesday weather damage payouts had cost it £50m in claims so far. May's double earthquake in Italy also hurt the company's finances.
On Thursday, a private shareholder-led campaign at Kurdistan-focused Gulf Keystone Petroleum saw Lord Peter Truscott, a peer who was once suspended from the House of Lords over corruption allegations, not stand for re-election as a director.
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Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
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Justin Bieber's unfinished monkey business
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World news in pictures
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David Cameron goes to war with press over 'swivel-eyed loons' slur
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Revealed: Eerie new images show forgotten French apartment that was abandoned at the outbreak of World War II and left untouched for 70 years
- 1 Tears and cheers as David Beckham ends glittering career after helping PSG to final win
- 2 Heading for America? Prepare for the longest US immigration queues ever
- 3 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 4 David Cameron goes to war with press over 'swivel-eyed loons' slur
- 5 It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
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Day In a Page
The price of pacifism
Jason Isaacs: Groupies, theatre bores and James Bond
Sealand: 'Micronation' or illegal fortress?
Legend of James Hunt has set Hollywood hearts racing
Macklemore: 'I don't have moderation'
Don't be shy: Bill Granger's Sri Lankan recipes
Gordon Ramsay's worst nightmare: A restaurant he cannot save



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