Yahoo has appointed four directors nominated by the New York based hedge fund Starboard Value, apparently bowing down to the latter’s strong demand. However, the move offers Yahoo the opportunity to explore more options in its core asset selling process. Through this appointment, Yahoo tries to exhibit its keenness in selling assets of the struggling internet company.
The Greek Prime Minister has requested the EU Council President for an EU leaders’ summit. However, his request has been overturned by the euro-zone President since Greece has failed to reach a bailout deal with its creditors till date. The organization chief cites the necessity for reaching an agreement prior to setting up a schedule for a summit of the European leaders.
Election board on Tuesday allowed the opposition to iniate referendum to recall president Nicolás Maduro off his seat. The president's popularity has plunged deeply amid economic problem from recession and inflation.
A jury dismissed a challenge against the presidential primary of Arizona despite proof showing malfunctions in the election results. State attorneys denied that the problem is not as high as to avoid the poll results.
