Current Affairs Global - 6 January 2015

1. Google-s CEO Larry Page has been named as the -business person of the year- for 2014, as per the popular business magazine Fortune. He was ranked at No 1 position among 20 global corporate leaders- list compiled on the basis of different factors including company-s performance, leadership style and total shareholder returns, the magazine said while bringing out its list.

Other corporate leaders included in the list are Alibaba founder Jack Ma, Facebook founder Mark Zuckerberg, Apple-s Tim Cook and fast food chain Chipotle co-CEOs Montgomery Moran and Steve Ells and Fedex chairman & CEO Fred Smith.

Five women leaders have been included in the list of 20 global corporate leaders. They are Ultra Beauty CEO Mary Dillon, ITT CEO and President Denise Ramos, TJX Cos CEO Carol Meyrotwiz, Theranos Founder and CEO Elizabeth Holmes and Williams-Sonoma President and CEO Laura Alber.

2. Global crude oil price dropped to five-and-half year low at USD 52.27 per barrel due to oversupply and lower demand amid lower economic growth. This is the lowest crude oil price since May 2009.