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Woodford Out Of The Picture At Olympus

NEWSMAKERS: JAPAN By Luca Ventura When Michael Woodford was promoted to president and then CEO of camera and medical equipment maker Olympus Corporation earlier this year, analysts and investors had high hopes for the future of the 92-year-old ...

Banking

Greek Bank Merger A Herald Of Things To Come

MILESTONES: GREECE By Luca Ventura The recently-announced merger of Greek banks Alpha Bank and Eurobank EFG could breathe fresh life into the much-troubled Greek banking sector. Tides turning in Greece with bank merger In fact, it would difficult ...

News

Strauss-Kahn Arrest Adds Drama To IMF Succession

NEWSMAKERS: GLOBAL By Luca Ventura While the shocking arrest in May of IMF managing director Dominique Strauss-Kahn in connection with an alleged sexual assault dominated the news all over the world, it only complicated a plot that was ...

News

Tremonti Swats Away Accusations Of Protectionism

NEWSMAKERS : ITALY By Luca Ventura When the dairy giant Parmalat, a household name in more than 30 countries, collapsed in 2003 with a $20 billion hole in its accounts, Italian finance minister Giulio Tremonti fittingly dubbed the ...
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