(Reuters) - Influential proxy advisory firm ISS recommended that Hess Corp <HES.N> shareholders elect five new board members nominated by activist hedge fund Elliott Management, saying the nominees are best qualified to effect a turnaround at the oil and gas company. The recommendation by Institutional Shareholder Services, released late on Thursday, came a day after another proxy advisory firm, Glass Lewis, took a similar position. A third advisory firm, Egan Jones, has backed Hess' nominees.

By Michael Erman (Reuters) - Influential proxy advisory firm ISS recommended that Hess Corp <HES.N> shareholders elect five new board members nominated by activist hedge fund Elliott Management, arguing that those nominees are best qualified to effect a turnaround at the oil and gas company.

The 15th Annual General Meeting of Emaar Properties PJSC will be held on Tuesday, April 9, 2013, at The Address Dubai Mall hotel in Downtown Dubai. The AGM will discuss the proposal of the Board of Directors regarding distribution of dividend to shareholders, amounting to 10 percent of the company's share capital for the year 2012. The meeting will also receive and approve the report of the Board of Directors on the company's activities and financial position, and the Auditors' report for the year ending December 31, 2012.

Chinese couples are flocking to divorce to avoid a new property sales tax imposed by the government, after it left open a loophole for those who end their marriages. Government marriage registration offices -- which also handle divorces -- were swamped by scores of couples trying to untie the knot, with one newly-separated woman telling AFP Wednesday she was heading off to sell a property.