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Seven-Eleven owner to discuss succession amid Loeb call-out

Bloomberg Seven & i Holdings Co. will meet this week to discuss leadership succession, days after billionaire activist investor Dan Loeb warned Japan’s largest retailer against creating a family dynasty, according to people with knowledge of the matter. The company’s nomination and compensation committee is scheduled to meet Wednesday, said two of the people, who asked not to be identified ...

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Gol predicts business to worsen this year after posting net loss

Bloomberg Gol Linhas Aereas Inteligentes SA reported a fourth-quarter loss and predicted business would worsen this year in the face of declining demand and a shrinking Brazilian economy. The net loss was 1.18 billion reais ($324 million), the airline said in a statement after the close of trading in Sao Paulo. Fourth-quarter net revenue totaled 2.65 billion reais against analyst ...

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Developing innovative availability solutions

Sunaina Rana / EMIRATES BUSINESS Veeam Software was established in 2006 by college roommates, Ratmir Timashev and Andrei Baronov in Baar, Switzerland. Timashev went from being a grad student in chemical physics at The Ohio State University to the CEO of his own start-up, Aelita Software. After seven years of leading the company, alongside Baronov, to virtually double-digit growth each ...

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