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EssilorLuxottica discovers $213 million fraud

Bloomberg EssilorLuxottica, the newly merged Italian-French eyewear conglomerate, said it was the target of a 190 million euro ($213 million) fraud at a factory in Thailand as a power struggle roils its headquarters. The world’s leading lens maker is working to recover the lost funds, and employees associated with the incident, which occurred at an Essilor plant, have been fired, ...

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Domino’s UK business CFO, dies in snorkeling accident

Bloomberg The chief financial officer of Domino’s Pizza Group Plc died in a snorkeling accident, leaving a growing management void at the franchise holder for the fast-food brand in the UK and Ireland. David Bauernfeind, 51, died while on vacation with his family in Mauritius, according to a spokesman. The company’s chairman and chief executive officer had previously announced plans ...

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UAE cabinet approves policy to protect people of determination

ABU DHABI / WAM The UAE Cabinet has approved the ‘People of Determination Protection from Abuse Policy’ to empower and protect persons with disabilities by allowing them to participate effectively within a safe community environment that offers them enhanced opportunities and guarantees their right to a dignified life. The policy aims to protect ‘the determined’ from abuse, empowering them, their ...

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