Bloomberg Business

Ericsson Faces Questions for Flouting Executive Pay Guidelines

Shareholders of Ericsson AB are questioning the telecom-equipment giant’s decision to deviate from its own remuneration guidelines to pay massive bonuses to Rory Read, the chief executive of Vonage Holdings Corp. it acquired last year.

Malaysia Extends Rate Pause as Inflation Cools, Growth Slows

Malaysia left its monetary settings unchanged for a second straight meeting on Thursday, as the central bank opted to weigh the impact of previous interest-rate increases on economic activity amid a challenging global outlook.

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