2015 – Page 29 – European CEO

McDonald’s CEO steps down after disappointing sales

McDonald’s have appointed a new chief executive to lead the world’s leading global foodservice retailer in challenging times

Margrethe Vestager, commissioner in charge of the EU's competition policy, said that the union's decision to cap card payment fees would be good for consumers, business and Europe

EU backs deal to cap card payment fees

The European Union has agreed to cap fees retailers’ pay to process debit and credit card payments across all 28 member states

Richard Murphy’s alternative to QE: Roosevelt’s New Deal

Campaigner Richard Murphy tells European CEO where Mario Draghi’s €1.1trn quantitative easing programme would be better spent

EU increases aid to Ukraine

The European Union has pledged an additional €15m in humanitarian assistance to help people suffering from the impact of the conflict with Russia, which has led to many displaced and living in extreme poverty

Psychometrics in recruitment: do they work?

Psychometric tests are increasingly being used to distinguish talent as the job market becomes even more competitive. Are they effective?

IAG bids €1.36bn for Aer Lingus

British Airways owner IAG has offered to purchase Irish carrier Aer Lingus for €1.36bn, marking its third bid in a relentless effort to grow its business

Danmarks Nationalbank hopes that by slashing its deposit rate, the bank will experience less pressure to buy euros. Its deposit rate has been cut to minus 0.2 from 0.05 previously

Denmark issues interest rate cut amid Swiss currency fears

Denmark’s central bank has cut its rates in a bid to relieve the upward pressure on the krone

Jean-Daniel Pasche, Chairman of the Federation of the Swiss Watch Industry. The organisation holds global training seminars to make authorities more aware of counterfeiting practices, as well as monitoring the internet for circulation of counterfeit products

Counterfeiting challenges the Swiss watch industry

Over the years, counterfeiting has become a problem for the Swiss watch industry, but organisations such as the Federation of the Swiss Watch Industry are fighting back

Venture capitalists invested over $19.8bn in total in 2014 to companies, predominantly to tech start-ups. Taxi network Uber is one of the highest valued organisations back by venture capitalists

2014 biggest year for US venture capitalists since 2000’s dot-com bubble

$48.39bn was invest by venture capitalists last year, but a variety of factors make today’s start-ups appear a more secure investment than those of the turn of the century

Tumbling oil prices have hit a number of organisations. BP has recently briefed its employees in Scotland that hundreds of job cuts are likely to be made among its North Sea workers

BP to make job cuts as oil industry struggles

BP is due to announce plans for hundreds of job cuts among its North Sea workers, becoming one among a string of oil giants attempting to make savings amid tumbling oil prices

President of the European Central Bank, Mario Draghi, has for a long time been keen that the institution should implement a quantitative easing scheme

ECB quantitative easing plan approved

Mario Draghi’s bond buying scheme gets tentative ECJ approval after challenge from German courts

A study by Catalyst, a non-profit organisation, suggests that countries across the globe are still struggling to bump up female representation on corporate boards

Gender inequality in the boardroom still a problem

A new census looking at globally listed companies shows that women continue to be substantially underrepresented on boards across the world – especially in Japan, where they account for just 3.1 percent

Art is often viewed as a valuable asset, however the market is undermined by illiquidity, opacity, patchy supply and asymmetry of information. There is consensus in the art world that art’s ‘beautiful object’ status should be its most important feature

Art as an investment

When Francis Bacon’s Three Studies of Lucian Freud sold for $142.4m in 2013, it was a sign of the art market’s health. This may be the time to challenge the idea that art is an investment-grade asset

Ebola, oil, nuclear weapons and climate change are talking points for global leaders at 2015's World Economic Forum in Davos

What can we expect from the World Economic Forum in 2015?

In January, thousands of the world’s most powerful figures will gather at the picturesque resort of Davos to discuss the most pressing global issues. Lizzie Meager looks at what can be expected from 2015’s summit

Prime Minister since 2008. Renzi plans to resurrect the country's faltering economy by increasing debt - a move he believes will stimulate growth. Industry experts believe this will only serve to create demand that is artificial and short-lived

Italy must address lack of competitiveness to restore economy

As Italy enters another recession, the country’s new PM has a tough task, writes Hans-Werner Sinn, Professor of Economics and Public Finance, University of Munich

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