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Italy needs a sovereign wealth fund to funnel its large private savings into the corporate sector and boost the economy, Prime Minister Giorgia Meloni was quoted as telling the Milano Finanza newspaper. ....
The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation. ....
Switzerland has instructed Credit Suisse to cancel or reduce by 50 or 25% all outstanding variable renumeration for the top three levels of management, the Swiss Federal Council said in a statement on Wednesday. ....
Two Russian members of the supervisory board of Dutch luxury yacht maker Heesen Yachts stepped down on Wednesday, the company said, citing "developments of the current international situation in Ukraine." ....
Credit Suisse Group has appointed Robert Huray as vice chairman of its Southeast Asia investment banking and capital markets business, according to a memo seen by Reuters. ....