(Corrects to read 'current' (not 'former'), in paragraph 2) STOCKHOLM (Reuters) -Swedish fashion retailer H&M said on Wednesday its nomination committee proposes Helena Saxon as a new board member. H&M said in a statement that Saxon, current chief financial officer at Swedish investment group Investor AB and a board member of bank SEB, would replace Skype founder Niklas Zennstrom who...

BALTIMORE, March 27 (Reuters) - Rescuers have lost hope of finding more survivors of the Baltimore bridge collapse, the coast guard said, as efforts switched on Wednesday to looking for bodies of the missing and more answers to why a container ship smashed into the span. Search divers were expected to return near dawn to the waters surrounding the twisted...

HONG KONG, March 27 (Reuters) - Citigroup Inc ( C/PN ) has laid off at least 10 people in its equities research department in Asia Pacific this week, two sources with knowledge of the matter said, as the bank pushes through the last phase of a sweeping global overhaul. The bank, which has hundreds of employees in its equities research...

HONG KONG (Reuters) -Citigroup Inc ( C/PN ) has laid off at least 10 people in its equities research department in Asia Pacific this week, two sources with knowledge of the matter said, as the bank pushes through the last phase of a sweeping global overhaul. The bank, which has hundreds of employees in its equities research unit in the...