11.   That law prohibits the company from entering into a merger or promoting executives without government approval.

12.   The appointment marks two departures from tradition at Allied Domecq, where there is a history of promoting executives from within and of the chairman having an executive role.

13.   This group will continue to meet monthly with Reed, although now the various members will have a somewhat ambiguous reporting relationship to the three newly promoted executives.

14.   Two executives were promoted Tuesday at Global Crossing.

15.   Belgian supermarket company Delhaize Group promoted two executives at its Food Lion and Hannaford Bros. retail chains Thursday.

16.   Both executives were recently promoted to important positions in Europe.

17.   HANG Seng Bank has promoted three executives to the rank of senior manager and has appointed a senior manager to its audit division.

18.   Taylor also fired heads of state companies who failed to show at the ceremony and immediately promoted junior executives.