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Don’t miss the latest developments in business and finance.
European Union agrees on 40% quota for women on company boards
The European Commission, the bloc's executive arm, first proposed the legislation in 2012 and formal adoption still requires approval by the parliament and the 27 member states
With fewer women on board of directors, Asia behind Europe, US
The richest man in China, Jack Ma of Alibaba Group Holding, has one woman on the board