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Apple's Tim Cook reaps the rewards of success with double salary

Apple’s top boss Tim Cook is filling his boots based on the company’s success.<p>We learn that his salary, bonuses and other compensation last year totalled 9.22 million dollars – that’s 8.23 million euros – and was more than double his pay in 2013.<p>Apple’s share price rose to a record high last year …

Oil prices rise after Saudi king’s death as successor says approach won't change

Commodities,Oil,Business,Saudi Arabia,Middle East and North Africa,World news,King Abdullah,King Salman<p>New monarch, King Salman, suggests that kingdom will retain current policies and, crucially, keep Ali al-Naimi as oil minister<p>Oil prices have surged following the death of Saudi Arabia’s King …

Ex-hedge fund boss Magnus Peterson sentenced to 13 years after taking $5.8m from investors

The former boss of now defunct hedge fund Weavering Macro Fixed Income Fund has been sentenced to 13 years imprisonment after he was found guilty of …

Houthi fighters on alert as Yemen power vacuum emerges

Houthi officials have called on their fighters to be on alert as a power vacuum emerged following the resignation of President Abd-Rabbu Mansour Hadi.<p>Hadi, a former general, has blamed the Houthis' control of the capital Sanaa for impeding his attempt to steer Yemen towards stability after years of …

AirAsia flight climbed quickly, then stalled before crash, official says

<b>(CNN) —</b> AirAsia Flight QZ8501 climbed rapidly, and then stalled, shortly before it crashed, a top Indonesian official said Tuesday.<p>"The plane ascended suddenly, with a speed that was above the normal speed limit, and then it went up," Transportation Minister Ignasius Jonan told reporters after he …