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Economy>Embarrassing
International | Corruption

Tapie Affair: IMF head Christine Lagarde ordered to face trial by French court over tycoon payments

Source:
A French court has ordered IMF boss Christine Lagarde to face trial over the part she played in the Tapie Affair, regarding a €400m (£291m, $433m) transfer to French business tycoon and entrepreneur Bernard Tapie. In September, France's main prosecutor recommended magistrates at the Cour de Justice de la Republique, which deals with crime allegations against government officials, drop the investigation. The magistrates were probing Lagarde's alleged negligence in regards to the affair when she was finance minister of the country. In 2008, when Lagarde served under Nicolas Sarkozy'sgov
International | Business

Uber partnership with UN women’s group hits dead end

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It looks like a United Nations group devoted to women's rights won't be partnering with controversial car-hailing service Uber after all. "UN Women will not accept an offer to collaborate on job creation with Uber, so you can rest assured about that," the group's executive director, Phumzile Mlambo-Ngcuka, said last week during an event at the UN's 59th session of the Commission on the Status of Women (CSW59), which wrapped up yesterday in New York after a two-week run. A short clip of Mlambo-Ngcuka's remark surfaced on YouTube earlier this week. In a statement sent to various news outle
North America | United States | Business

Silicon Valley’s diversity problem goes beyond hiring practices

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Workplace diversity advocates hope to shine a spotlight on the industry’s hiring efforts, which remain abysmal. At Twitter, only 10 percent of tech jobs in its global workforce belong to women. Among its U.S. employees, just 4 percent of those lucrative positions are filled by black or Latino people. The numbers aren’t much different at places like Facebook, Google and Yahoo. Even Apple, which can point to above-average diversity, still counts just 20 percent of its tech hires as female, and black or Latino workers make up only 13 percent. Anecdotes of implicit gender bias reinforce wha

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