Transparency watchdog boss: Conflict of interest reports ‘serious’ for Munich Security Conference

Transparency watchdog boss: Conflict of interest reports ‘serious’ for Munich Security Conference

BERLIN — Indications that outgoing Munich Security Conference Chairman Wolfgang Ischinger used the conference to further his personal business interests “are serious” and the forum needs to take steps to prevent such activity in the future, Transparency International Chief Executive Daniel Eriksson said. “The accusations are serious and they should be treated seriously by the … Read more

Peloton boss John Foley steps down as firm cuts 2,800 jobs amid post-lockdown sales slump

Peloton boss John Foley steps down as firm cuts 2,800 jobs amid post-lockdown sales slump

The co-founder of exercise company Peloton is to step down as the firm announced plans to cut 2,800 jobs. John Foley, who has been the firm’s chief executive for a decade, will be replaced by Barry McCarthy, the former chief financial officer of Spotify. Peloton, which sells indoor exercise bikes with a large touchscreen for … Read more

Things will only get start to get better in 2023 says bank boss in cost of living warning

Things will only get start to get better in 2023 says bank boss in cost of living warning

Millions of people have been told the cost of living crisis could last until 2023 with things only becoming more stable in 2024 The Governor of the Bank of England warned today (February 4) that inflation may not recover to normal levels for another two years and pay squeezes are expected. Andrew Bailey told BBC … Read more