In The News...
Jobs Returns To Work At Apple
Apple chief executive Steve Jobs this week reportedly returned to work following six months of medical leave, which included a liver transplant.
Jobs, 54, was expected back at his desk at the end of this month. The technology giant had refused to comment on the matter but did quote Jobs in a press release on first-weekend sales figures for the next generation of iPhones.
The blogosphere noted several sightings of Apple's co-founder around its campus in Silicon Valley, California.
Good Week
Stephen Hester Royal Bank of Scotland this week approved a pay package worth up to £9.6 million (Dh57.5m) for its chief executive.
The remuneration deal was agreed by RBS chairman Sir Philip Hampton and its leading shareholders and has now been cleared by the board.
One of the groups represented was UK Financial Investments, which manages the 70 per cent stake in RBS held by taxpayers.
The package is made up of £1.2m in pay, up to £2m in non-cash bonuses and up to £6.4m in long-term incentives.
Chairman Sir Philip Hampton said: "We have been consulting with shareholders on the most appropriate way to reward chief executive Hester.
Bad Week
Bernard Madoff A lawyer for the disgraced US financier has said his client deserves 12 years in prison for his crimes.
In March, Bernard Madoff pleaded guilty to 11 charges that he masterminded a $50bn investment fraud.
He will be sentenced on Wednesday in New York and could be jailed for up to 150 years. Madoff is 71 years old. New York District Judge Denny Chin has received more than 100 letters from angry victims of Madoff's fraud, with some calling him a "monster".
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