France Telecom SA’s board will meet next week to discuss the consequences of Chief Executive Officer Stephane Richard’s fraud charge in a probe linked to when he was chief of staff for then-Finance Minister Christine Lagarde.
Stephane Richard, chief executive officer of France Telecom SA, also known as Orange, was taken into custody today for questioning in a case involving an arbitration that benefited a supporter of former President Nicolas Sarkozy.
The Greek philosophers were not entirely wrong about markets. When they reward cooperation, people become more obliging and virtuous -- but markets don’t always reward it. Though on balance they have greatly improved our moral behavior, they can also degrade it.
German Chancellor Angela Merkel and French President Francois Hollande are looking for common ground on how to fix Europe’s economy as recession and soaring youth unemployment test the partnership at the euro’s core.
International Monetary Fund Managing Director Christine Lagarde averted being charged by a Paris court investigating her decision to allow arbitration that benefited a supporter of former President Nicolas Sarkozy.