Indra Nooyi will step down as Chief Executive Officer of PepsiCo Inc, Bloomberg News reported. Two big problems trail in her wake. Her departure, scheduled for October, leaves the S&P 500 on track to have just 23 female CEOs, less than 5 percent of the total, according to data from Catalyst, a non-profit research and advisory group. It’s not just ...

Since the end of World War II, a broad consensus in support of global economic integration as a force for peace and prosperity has been a pillar of the international order. Since the fall of the Berlin Wall a generation ago, the power of markets in promoting economic progress has been universally recognised. From global trade agreements to the European ...

Bloomberg It’s turning out to be a bumpy road to recovery for Cathay Pacific Airways Ltd. Just when the premium airline was showing signs of a rebound, crude oil played spoilsport again, denting early gains from a transformation plan that CEO Rupert Hogg considers crucial to survival. More uncertainty lies ahead for the world’s third-largest cargo carrier as a global ...