Global Business

People

GE Taps Maersk CFO to Head Finance

Carolina Dybeck Happe leaves Maersk after less than a year to take the most prestigious job in corporate finance.

Vincent Ryan
November 25, 2019
General Electric
Global Business

New ECB Chief Urges Domestic Demand Push

While “all advanced economies are facing a growth challenge, the euro area has been slower to embrace innovation," Christine Lagarde says.
Global Business

UK Lawmakers Reject Fast Track for Brexit Bill

In a defeat for Prime Minister Boris Johnson, "Parliament has thrown the whole [Brexit] process into a legislative netherworld."
Global Business

Not All CFOs Can Handle M&A

Numerous CFOs are excellent in their normal roles but may not have the necessary expertise to see a deal through to completion.
Tax

OECD Takes Aim at Multinational Tax Shelters

A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
Global Business

U.S. Adds Chinese Startups to Trade Blacklist

Ahead of this week's trade talks between the two countries, the timing of the U.S. action "is going to be awkward for the Chinese."
Global Business

U.S. Gets OK to Put up to $7.5B in Tariffs on EU

The World Trade Organization rules the U.S. can retaliate for illegal subsidies to Airbus, possibly escalating trade tensions.
Risk Management

Insolvencies Are on the Rise in Western Europe

Slowing economic and global trade growth, as well as Brexit uncertainty, are the main drivers of the insolvencies.
Global Business

Business Leaders Wax Optimistic on North America Trade Deal

A majority of leaders from all three participating countries believe the agreement will be ratified and will produce positive business results.
Fraud

Flurry of SEC Cases Disclosed

With its fiscal year-end looming, the SEC disclosed charges and settlements against seven different organizations in two days.
Global Business

As Brexit Draws Near, Are Companies Ready?

Smart leaders have done major contingency planning, but even they don't know what's actually going to happen, as Brexit will be a first-of-its-kind event.
Supply Chain

Will Saudi Oil Strikes Hamper Supply Chains?

The impact will likely be mostly in the short term, but only if there isn't another production-depleting incident.
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