Uber CEO Travis Kalanick has quit President Donald Trump’s council of business leaders, according to an internal memo obtained by The Associated Press. Mr. Kalanick wrote to his employees that he’d spoken with Mr. Trump on Thursday to “let him know that I would not be able to participate on ... Read More »
Uber’s chief executive officer Travis Kalanick has quit Donald Trump’s business advisory group amid mounting pressure from activists and employees who have come out against his administration’s hard-line immigration policies. Critics have included Uber drivers, many of whom are immigrants themselves. “Joining the group was not meant to be an endorsement ... Read More »
The leaders of the Czech Republic and Hungary say a “joint European army” is needed to bolster security in the EU. They were speaking ahead of talks in Warsaw with German Chancellor Angela Merkel. They dislike her welcome for Muslim migrants from outside the EU. Hungary’s Prime Minister Viktor Orban ... Read More »
French Interior Minister Bernard Cazeneuve warned against stigmatising Muslims as a furore over the banning of burkinis grew with the emergence of pictures of police surrounding a veiled woman on a beach. “The implementation of secularism, and the option of adopting such decrees must not lead to stigmatisation or the ... Read More »
Hershey Trust Co., a $12 billion charitable organization that controls the Hershey Chocolate empire, has agreed in principle to a deal with the Pennsylvania attorney general’s office to institute governance reforms in the wake of a failed $23 billion takeover attempt. The Hershey Trust was set up by the company’s ... Read More »
While swinging to a loss in its quarterly report, Italian energy company Eni said it was moving more controls to its chief executive to retool risk structures. The company reported its second quarter loss widened to $494 million in part because energy prices remain under pressure from a market characterized ... Read More »
After a steep correction over 12 per cent over the first two months of 2016, domestic equity markets bounced back on firm global markets and a budget that has reignited hopes of an interest rate cut by the Reserve Bank of India (RBI) in the immediate future. On a month-to-date ... Read More »
