Word: dax
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...which has just unveiled a radical new plan to fast-track more women into management roles. By 2015, the company has mandated that 30% of its middle and upper management positions be filled by women - the first gender quota to be implemented at one of Germany's top 30 DAX-listed companies. Anne Wenders, a Deutsche Telekom spokesperson, says this is not a "tokenistic gesture aimed at political correctness," but a new way of thinking that could become a model for other German companies. "This is a revolution and it will change the way our company works," she says...
...that only 33% of employees at the German companies surveyed are women, compared with 52% at the American companies in the poll and 48% at the Spanish firms. Moreover, only 6% of chief executives in Germany are women, compared with 12% in Norway. And just one of Germany's DAX-listed companies has a woman on its board: Siemens, which appointed Barbara Kux to its eight-person executive committee in 2008. (See the worst business deals...
...legend: that if you remove a coin from the fountain, the person who put it there will instantly and passionately fall in love with you. Beth takes five, and in short order has a quintet of love slaves: a magician (Jon Heder), an artist (Will Arnett), a male model (Dax Shepard), a sausage entrepreneur (Danny De Vito)... and Nick. Somehow the first four follow Beth back to New York to serve as the marplots for her budding affair with Mr. Perfect. (Who will go home with an Oscar...
...Most European markets opened to small gains Tuesday, before wavering between green and red. By noon, London's FTSE 100 was down 1.2%, Paris' CAC was up 0.35 %, and Frankfurt's DAX was virtually flat...
...Even before Wall Street's opening slump of 1.66%, prices on European exchanges suffered serious erosion, with London's FTSE 100 down 4.2%, Paris' CAC 40 by 3.6%, and Frankfurt's Dax index 2.8%. The trio closed Monday trading with losses of 5.33%, 4.48%, and 3.48% respectively. The European shrinkage followed Asia's lead, with Tokyo's Nikkei index dropping 3.8%, Hong Kong's Hang Seng off 3.9%, Sydney's All Ordinaries falling 2.8%, and Mumbai's BSE Sensex down 3.69%. (See pictures of the global financial crisis...