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Poland’s outsider finance minister at risk in Cabinet change

  Bloomberg Finance Minister Pawel Szalamacha’s hold on his post didn’t appear that strong to begin with. So when his boss announced a cabinet reshuffle on Friday, investors focused on whether the lawyer tasked with safeguarding Poland’s budget is heading for an exit. Adding to the anxiety, state news agency PAP reported late on Friday that Szalamacha may be ousted ...

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Oracle reduces co-chief’s pay to $41.5 million

  Bloomberg Oracle Corp., which has faced shareholder opposition to its compensation practices, cut pay for its top executives in 2016. Co-founder and chairman Larry Ellison received $41.5 million, a 35 percent decrease from last year. Co-Chief Executive Officers Safra Catz and Mark Hurd each received about $41 million, a 23 percent decline. The drop for the co-CEOs is accentuated ...

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Syrian troops advance near Aleppo

  BEIRUT / AFP Syrian government forces captured a rebel-held area on the edge of Aleppo on Saturday, tightening their siege on opposition-held neighborhoods in the northern city as an ongoing wave of airstrikes destroyed more buildings. The new government push came as the U.N. said that nearly 2 million people in Aleppo, Syria’s largest city and onetime commercial center, ...

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