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Daily Archives: February 7, 2018

Lululemon CEO left in part because of relationship with female designer at the company

Lululemon Athletica CEO Laurent Potdevin had a multi-year relationship with a female designer at the company he oversaw, and this was one of the issues that contributed to his departure, sources familiar with the situation tell CNBC. The employee in the relationship with Potdevin resigned in 2014, after the relationship had begun. Lululemon later brought…

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ANC holds ‘fruitful’ talks with Zuma

Image copyright AFP / Getty Images Image caption Jacob Zuma has resisted calls to quit over corruption allegations South Africa's governing party, the ANC, has postponed a top-level meeting that was expected to decide on President Jacob Zuma's future. Instead the ANC released a statement saying it had held "fruitful and constructive discussions" with him.…

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Maldives court does U-turn after arrests

Media playback is unsupported on your device Media captionTrouble in paradise: Maldives crisis explainedThe Maldives Supreme Court has performed a U-turn on its decision to free nine convicted politicians, hours after the arrest of two of its judges. The court's remaining three judges have issued a statement saying the order has been revoked "in light…

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