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Resignation

Business

Luxottica founder's son resigns, says company has lost its soul

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Culture news

Louvre chief Laurence des Cars quits in latest crisis at French museum

Laurence des Cars has quit as director of the Paris Louvre Museum as the fallout continues over the daylight robbery which saw priceless crown jewels stolen from the world's most popular museum.

Economy

ECB says 'no decision made' on Lagarde's potential exit amid reports

Reports on Wednesday indicated Christine Lagarde could step down as ECB President before her mandate expires in October 2027. The ECB asserted that no decision has been made and that the President is focused on her mission, in a response to Euronews.

France

Former French culture minister quits Arab World Institute over Epstein

France has become another European country to be shaken by the Epstein affair as ex-minister Jack Lang resigns and is set to face a tax fraud probe over alleged financial ties to the late disgraced financier.

Bulgaria

Bulgarian president resigns, seeks to become prime minister

The emergence of a new political party led by now-former President Rumen Radev could significantly reshape not only Bulgaria’s domestic affairs but also its foreign policy.

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World News

Japan’s Prime Minister Shigeru Ishiba announces resignation

Japan’s Prime Minister Shigeru Ishiba announced Sunday he steps down following growing calls from his party to take responsibility for a historic defeat in July’s parliamentary election.

USA

Elon Musk leaves Trump administration and DOGE cost-cutting agency

Musk said on X he hoped the DOGE mission would only “strengthen over time” and become a “way of life in the government” as he announced his stepping back from the cost-cutting agency created under the Trump administration.

South Korea

South Korea's acting President Han Duck-soo resigns

The career bureaucrat said he was stepping down to take on a 'heavier responsibility'.

Lifestyle

Sudden exit for Gucci's creative director ahead of Milan Fashion Week

This is not the first time Gucci has taken a dramatic late-season creative shift. However, with less than three weeks before Milan Fashion Week, it's a bold move...

Canada

Trudeau resigns as Canada's PM after growing calls to step down

Trudeau, who has led Canada for nine years as the leader of the governing Liberal Party, has seen his government thrust into turmoil after his finance minister quit last month.

South Korea

South Korea's defence minister resigns following martial law turmoil, media report

The decision came after Kim Yong Hyun, who reportedly was partially responsible for the declaration of the short-lived martial law, had offered to resign.

Culture news

Resignations rock Slovak National Gallery amid growing staff protest

177 staff members are threatening to quit in frustration over the Ministry of Culture's management of the country's foremost art institution.

Business

Why are senior leaders at Germany’s Thyssenkrupp resigning?

A bitter restructuring row has left the firm’s steel division waving goodbye to its CEO, chair and five directors.

Lifestyle

Quit while you're ahead or not: Why is it so hard to say goodbye?

As the pressure mounts on US President Joe Biden, football icon Cristiano Ronaldo and British tennis knight Sir Andy Murray to step back or step down from the top, Garfield Myrie considers why is it so hard to say goodbye?

Business

HSBC chief executive announces unexpected retirement

Noel Quinn is to step down after a tumultuous five years at the helm of the UK-based bank.

United Kingdom

Scotland's first minister Humza Yousaf resigns

After torpedoing a relationship with the Greens and alienating his party, Scotland's first minister Humza Yousaf was due to face a vote of no-confidence later this week – but instead pre-emptively quit Parliament. Someone else at the "helm" would be a better fit as first minister, he said.

Europe News

Spain's prime minister Pedro Sánchez says he'll continue in office

Spanish Prime Minister Pedro Sánchez has decided to remain in office with "even more strength" after a period of reflection.