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WASHINGTON (Reuters) – U.S. prosecutors are reviewing whether National Enquirer parent company American Media Inc violated an earlier agreement granting it legal immunity in exchange for cooperation given the tabloid’s handling of a story about Amazon.com Inc Chief Executive Jeff Bezos, Bloomberg News reported on Friday. Citing two people familiar with the matter, Bloomberg said prosecutors in the U.S. attorney’s office in Manhattan had been given information about the company’s exchanges regarding Bezos gucci lion cufflinks. Bezos, in a blog post on Thursday, accused the publication of extortion over his extramarital affair..
DUBLIN (Reuters) – Ryanair’s Chief Executive Michael O’Leary could earn almost 100 million euros ($113 million) if he doubles either the profitability or share price of the carrier within five years, under a new share option scheme announced on Friday gucci lion cufflinks. O’Leary said on Monday he would stay for another five years at Europe’s largest low-cost airline, which announced a 20 million euro loss for the third quarter due to weaker fares. Under the new options scheme he will be granted the option of buying 10 million shares at the current share price of 11.12 euros if he either increases annual profit to 2 billion euros from a forecast of 1-1.1 billion in the current financial year, or if the share price rises to 21 euros, the airline said..
“The terms of the options will require him to double Ryanair’s profitability to 2 billion euros per annum and/or increase the share price to 21 euros per share over the next five years to qualify for all of these options,” Ryanair said in a statement. If the share price hits 21 euros, O’Leary would earn a profit of 9.88 euros on each of the 10 million share options gucci lion cufflinks. The airline said it has also offered each of its 11 non-executive directors options on over 50,000 shares each on the same terms..
Ryanair’s shares have fallen from a record high of 19.39 euros in August 2017 due to a combination of staffing issues, strikes, higher fuel costs and increased competition on European short-haul routes gucci lion cufflinks. While it was in the red for the third quarter it is still expected to make a profit for the full financial year. O’Leary, the airline’s second-biggest shareholder with 46 million shares, or a 4 percent stake, will move to become CEO of a new group structure, the airline said on Monday..
FRANKFURT (Reuters) – German banks are seeking to blunt any fresh U.S. sanctions against Russia so they can continue existing business with Russian clients, according to an internal briefing paper prepared by a financial industry lobby group gucci lion cufflinks. The risk of new restrictions on doing business with Russia has risen since the Democratic Party won control of the U.S. House of Representatives. New anti-Moscow measures could jeopardize funding for a multi-billion dollar gas pipeline between Germany and Russia..