Toshiba Corp’s (6502.T) board appointed CEO Satoshi Tsunakawa as interim board chairman on Friday after shareholders displeased with corporate governance at the Japanese conglomerate’s ousted Chairman Osamu Nagayama.
The euro zone is recovering faster than earlier expected, but still needs continued fiscal and monetary support so that the pandemic does not leave scars, European Central Bank head Christine Lagarde told European Union leaders on Friday. “Euro area GDP is recovering and will return to pre-pandemic levels by the first quarter of 2022, one […]
Argentina’s deal with the Paris Club group of country lenders to defer $2 billion in payments until March next year should give the country breathing room in even more critical debt talks: its $45 billion negotiation with the International Monetary Fund. The Paris Club agreement over a “bridging” period until next year means Argentina will […]
Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews. Along with regulators in the United Sates and the European Union, the Competition and Markets Authority (CMA) has stepped up its scrutiny of big tech firms in recent […]