Merkel tells Putin to give NGOs a chance
HANNOVER, Germany -- Germany's leader has told Russian President Vladimir Putin that the Kremlin needs to encourage civil society as well as push for technological modernization, underlining tensions as Putin seeks to bolster economic ties with a visit to a major trade fair....
Shiseido CEO to Step Down
Shiseido's President and CEO will step down April 1, after just two years at the helm of the Japanese cosmetics company, where profit has been slipping. The current chairman and former CEO will retake the helm.
Obama, Abe agree growth is job No. 1
President Barack Obama and Japanese Prime Minister Shinzo Abe on Friday agreed that their first economic priority is increasing growth in the world’s No. 1 and No. 3 economies, but concluded their meeting without a deal about Japan joining a Pacific trade pact.
State of the Union: Why Is Apple CEO Tim Cook Sitting Next to Michelle Obama?
Apple is going through a sour patch right now. On Monday, TIME columnist Tim Bajaran asked if Apple’s amazing run disrupting markets is over. The Cupertino-Calif.-based tech juggernaut has not introduced a truly break-through new product since co-founder Steve Jobs died over one year ago. As a result, Apple’s stock price has suffered, declining 24% over the last 6 months. Apple investors are getting nervous. Meanwhile, hedge fund titan David Einhorn has launched a lawsuit against the company aimed at getting the company to return some of its $140 billion cash hoard to shareholders — who, after all, own the company. Apple has said it will consider Einhorn’s demands, but that didn’t stop Apple CEO Tim Cook from slamming Einhorn’s campaign as a “silly sideshow” at the Goldman Sachs investor conference in San Francisco on Tuesday morning. This context helps explain why Cook , a runner-up for TIME’s 2012 Person of the Year, has been on something of a PR tour in recent ...
Asia Markets: Asian stocks fall as Europe tensions rise
Asian stocks fall, with European political tensions forced their way back on the agenda, and after some disappointing Japanese corporate updates gave investors reason to sell stocks.