Rehn beats nine other applicants and bags the position of the Bank of Finland’s governor. The ex-economic official of the EU, Olli Rehn, is offered the post of the Bank of Finland’s Governor from last week. The said term period lasts for “seven-year term effective from July”, as reported by the...

While Elon Musk is trying to brush up mass production of his electric cars, top managers are leaving his company. The exodus of Tesla's executives began in February, and the other day, Matthew Schwall, who was in charge of car safety and moved to Waymo, left the company. In addition, senior vice...

The probe into breaking rules by Barclay’s C.E.O is a whistleblower which calls for a fine by the regulators as a punishment. The chief executive officer of Barclays, Chief Executive Jes Staley has been fined by the regulators of Britain, whereby Staley has been subjected to pay a sum of “642,430...

Growth of the service sector’s share in the structure of global GDP has been confirmed by current consumer behavior. Although price and quality remain key factors, 73% of respondents indicate importance of client experience in making a decision to buy and maintain brand loyalty, according to a...

Saudi Aramco, the largest oil company in the world, has broken traditions in Saudi Arabia by appointing woman to its board. This appointment is important because ether ear every few women in Saudi Arabia oil industry. This announcement was made by the company which is preparing to go public, on...

Billionaire Darwin Deason accused Jeff Jacobson, CEO of Xerox, that he actively negotiated a deal with Fujifilm, despite a ban on the part of the company's board of directors. According to the billionaire, the general director of Xerox sought to obtain guarantees from the representatives of Fuji...

Even though, the clouds of uncertainties loom over the trade and business scenario of Britain with the approaching hour for official Brexit; Peugeot decides to carry on its investments in its southern England plant. Following an announcement of Peugeot, the chief executive, Carlos Tavares, revealed...

More than 3.1 thousand employees of Google signed a collective letter. They are protesting against the company's participation in the Pentagon's program, which implies use of artificial intelligence (AI) to improve accuracy of targeting unmanned military aircraft, the newspaper The New York Times...

The world's largest advertising holding, the British company WPP, announced beginning of an investigation into the possible unlawful conduct of its permanent head Martin Sorrell. In particular, invited lawyers should check whether there are grounds for accusing Mr. Sorrell of misuse of WPP assets...