Business Latest News: World Bank Urged to Stop Ranking Countries on Ease of Doing Business

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Business Latest News: World Bank Urged to Stop Ranking Countries on Ease of Doing Business

Business Latest News: World Bank Urged to Stop Ranking Countries on Ease of Doing Business
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Business Latest News: World Bank Urged to Stop Ranking Countries on Ease of Doing Business

by Wochit 0:49 mins

An independent panel set up by the World Bank to look at the validity of one of its highest profile country rankings said the Bank should stop producing it because it may be misleading. Tesco , the world's third-biggest retailer, could face a revolt over executive pay at its annual shareholders' meeting on Friday after an advisory group urged investors to oppose the supermarket group's remuneration report. Alpine Bau,the insolvent Austrian arm of Spanish construction group FCC,faces being broken up after the failure of late-night talks to save the company in its current form,putting up to 5,000 jobs at risk.

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