top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

20 Jan 2022

Companies in Europe Prove Sluggish in Admitting Female Board Members

The Index Today

Companies and firms across Europe have reportedly turned out to be slow in electing female board members, as per a study conducted by an EU-appointed nonprofit organization.

Although the percentage of women in senior corporate positions increased in 2021, it has fallen off track in reaching the European Commission’s intended goal of 40% by 2025.

This comes as EC President Ursula von der Leyen promised to direct her efforts towards unblocking legislation on an allocation for women on EU boards. This legislation has been in a gridlock since 2012. The European Commission’s proposition requires select companies to set aside a minimum of 40% of non-executive positions for women.

According to Rosa Kriesche-Küderli, chair of research and communication at the European Women on Boards (EWOB), "At the current speed of change we will not be able to reach 40% women on boards by 2025."

©Photo: Financial Times

Clay pottery with table linens
bottom of page