Governance

Logitech: Shareholders Confirm Chair Despite Ouster Campaign

3 months ago

Logitech shareholders at a recent meeting affirmed the chairperson's authority despite active efforts to remove her. This situation has sparked discussions within the manufacturing and technology communities, as many investors expressed dissatisfaction regarding the company's strategy and market behavior.

Poland Aims to Enhance State Companies' Governance While Shunning Asset Sales

3 months ago

The Polish government is focused on improving the governance of state enterprises, opting out of asset sales strategies. This decision stems from a desire to increase efficiency and transparency in the functioning of these companies, which should consequently support economic stability in the country. The Ministry of State Assets in Poland has already initiated the implementation of new management practices and standards, geared towards long-term strategies. Moreover, the ministry expressed confidence that the recent changes will enhance the performance of state companies and strengthen their market positions.

Spain Appoints Iscriva as New Central Bank Governor

3 months ago

The Spanish government has decided to appoint José Luis Escrivá, a representative of the Spanish Socialist Workers' Party (PSOE) and the current Minister of Institutional Affairs, as the new governor of the country's central bank. This appointment is expected to be confirmed in the coming days. To this end, Prime Minister Pedro Sánchez will approach the King of Spain with a request to appoint Escrivá, who has gone through various stages in his political career and is known for his active stance on economic policy issues.

Optica CEO Departs Amid Probes into Company’s Links to Huawei

3 months ago

An important update from the tech world: the CEO of Optica, a notable player in fiber optic communications, has left his post in light of ongoing investigations regarding potential ties between the company and the Chinese tech giant Huawei. This move is drawing significant attention from both investors and regulatory authorities, as the change in leadership may negatively impact the company’s reputation and financial outlook.