CEO Profiles
Donald Trump, Trump Organisation
The man who gave us 'you're fired', controversial Scottish seaside resorts and gold-festooned towers in the centre of Manhattan, Trump rarely does things by halvesFranck Riboud, Danone
For a former surfer and beach bum, Franck Riboud has done okay. More than okay. Danone's CEO has transformed a scattered, diverse portfolio into a lean dairy operator seemingly brimming with health. Now eyeing emerging markets with a gimlet eye, can Riboud do no wrong?Lars Olofsson, Carrefour
The Swede didn't walk into the hot-seat at Carrefour with booming share prices and investor confidence; but has achieved them sinceArtistic investment
Investing in art can yield big dividends, we investigate the market for corporate acquisitions
Danone a good job
We profile Franck Riboud, CEO Danone
Open for business
How Ireland is timidly opening up to new investment strategies.
Bulgarian squeeze
How the EU are putting pressure on the Eastern European country.
UN launches review of criticised climate panel
Britain's Northern Rock shrinks losses in 2009
Aer Lingus full-year operating loss quadruples
Greece won't need aid, cenbank chief tells paper
BOJ mulling easing again
Deputy minister: Greece should meet '10 budget target
Irish Life sees 2011 return to profit
GM triples Opel financing, cuts state aid request
Euro in most difficult phase since launch
France Telecom's new CEO signals continuity
Talking telepresence
We talk to Geir Olsen EMEA President of TANDBERG about improvements in telepresence technology.The advantages of telepresence
21st century technology: real time telepresence meetingsReal-Time communication
Peter Quinlan explains the manifold benefits of benefits of telepresenceLatest Edition
In this issue...
To view the latest virtual edition of European CEO magazine please click here.Politics imperil IMF in Europe
Domestic politics and popular discontent are threatening IMF rescue deals, unsettling investors who view them as vital for financial recovery....Addressing Indian FDI
India has opened the door to FDI...Clamping down on tax dodgers
OECD action is going to mean a reduction in tax havens...Cheap renewable energy still far off
Can renewable energy replace our depedence on oil...Global dispatches
- UN launches review of criticised climate panel
- Britain's Northern Rock shrinks losses in 2009
- Aer Lingus full-year operating loss quadruples
- Greece won't need aid, cenbank chief tells paper
- BOJ mulling easing again
- Deputy minister: Greece should meet '10 budget target
More profiles
- Bill Gates, Microsoft
- Jürgen Hambrecht, BASF
- Rupert Murdoch, News Corp
- Brian Stuart-Young, GBC
- Andrea Illy, Illycaffe
- Christophe Mueller, Aer Lingus
- Hector Sants, FSA
- Dieter Zetsche, Mercedes
- Andrin Waldburger, PwC Switzerland
- Jochen Zeitz, Puma
- George Pauget, Crédit Agricole
- Jeroen Van der Veer, Shell
- Paolo Scaroni, ENI
- Eric Schmidt, Google
- Carlos Ghosn, Nissan, Renault
- Baudouin Prot, BNP Paribas
- Didier Lombard, France Télécom
- Brian Stuart-Young, GBC
Ex-Fastweb CEO sought in money-laundering probe
Italian investigators probing a money-laundering racket have issued an arrest warrant for Italian telecoms billionaire Silvio Scaglia, the founder and former top executive of broadband operator FastwebEurope ready to back bluefin tuna trade ban
Europe looks set to support an unprecedented ban on the international trade in bluefin tuna, a species driven towards extinction by insatiable demand from Japan, where a single fish can fetch $100,000Political risk becomes key market volatility driver
From southern Europe's debt crisis to US banking reform, politics has emerged as a driver of volatility in Western markets this year in a way normally more associated with emerging economiesGreek woes could slow ECB's exit from crisis mode
Turmoil brewing in Greece could slow the ECB's withdrawal of its extra liquidity measures, especially if other countries become infected with similar woesUN launches review of criticised climate panel
UN Secretary-General Ban Ki-moon has announced that a group of national science academies would review UN climate science to restore trust after a 2007 global warming report was found to have errors.
The UN Intergovernmental Panel on Climate Change acknowledged in January its report had exaggerated the pace of Himalayan glaciers melting, and in February said the report also had overstated how much of the Netherlands is below sea level.
"Let me be clear - the threat posed by climate change is real," Ban told reporters alongside panel chairman Rajendra Pachauri. "Nothing that has been alleged or revealed in the media recently alters the fundamental scientific consensus on climate change."
Ban acknowledged there were "a very small number of errors" in what is known as the Fourth Assessment Report published in 2007, a document of more than 3,000 pages that cited over 10,000 scientific papers. The next such report on climate change will be published in 2013 and 2014.
Despite the errors, Pachauri told reporters he stood by the 2007 report's principle message that global warming is real and is accelerating due to so-called greenhouse gas emissions.
"We believe the conclusions of that report are really beyond any reasonable doubt," said Pachauri, who has been resisting calls from critics for his resignation.
Ban said the InterAcademy Council, a grouping of the world's science academies, would lead the review, which he promised would be "conducted completely independently of the United Nations."
Neither Pachauri nor Ban took questions from reporters.
Independent of, but not funded by, the UN
The InterAcademy Council is hosted by the Royal Netherlands Academy of Arts and Sciences in Amsterdam and includes Britain's Royal Society, and more than a dozen other national science academies.
Council co-chairman Robbert Dijkgraaf, a professor of mathematical physics at the University of Amsterdam, told reporters that the review would be entirely independent of the UN but would be funded by it. He added that the review panel would present its report by the end of August.
Peter Frumhoff, director of science and policy at the Union of Concerned Scientists and a lead author of the 2007 report, said the review was "the right move."
"If this independent review is carried out with rigor and transparency, it will help strengthen the IPCC's commitment to robust scientific assessments and restore public confidence that has been shaken by an aggressive campaign to sow confusion about climate science," Frumhoff said.
Ban hinted that some changes in the way the IPCC reports are compiled might be necessary to avoid future mistakes.
"We need to ensure full transparency, accuracy and objectivity, and minimise the potential for any errors going forward," he said.
Surveys suggest public conviction of global warming's risks may have been undermined by the errors and by the disclosure last year of hacked emails revealing scientists sniping at skeptics.
The IPCC shared the 2007 Nobel Peace Prize with Al Gore, and produces the main scientific document driving global efforts to agree to a more ambitious climate treaty to replace the Kyoto Protocol, and switch from fossil fuels to cleaner, low-carbon supplies of energy.
But its 2007 report wrongly said Himalayan glaciers could vanish by 2035, a prediction derived from articles which had not been reviewed by scientists before publication. An original source had spoken of the world's glaciers melting by 2350.









Flying high