INTERNATIONAL BUSINESS : LAGARDE LIKELY TO LEAD WORLD ECONOMIC FORUM

What happened: The World Economic Forum could appoint Christine Lagarde as its next chair as soon as next month, four people close to the organisation told Reuters. No final decision has been taken. Key numbers: Lagarde is 70. Her ECB term was scheduled to end in October 2027. The WEF board was due to meet on November 2 and lists 27 members. The WEF annual meeting takes place in January in Davos. Why it matters: Leaving the ECB early would let EU leaders pick a new president before France's spring presidential election and could pave the way for a deal involving two other senior ECB roles.

The World Economic Forum could appoint Christine Lagarde as its next chair as soon as next month, four people close to the organisation told Reuters. No final decision has been taken.

Leaving the ECB early would let EU leaders pick a new president before France's spring presidential election and could pave the way for a deal involving two other senior ECB roles.