Current Affairs Global - 6 November 2013

1. Microsoft has narrowed its list of CEO candidates including India's Satya Nadella, Ford chief Alan Mulally and former Nokia CEO Stephen Elop. The new CEO will succeed current CEO Steve Ballmer who has been serving as the CEO of Microsoft since January 2000.


2. The euro zone economy is expected to start growing again next year, after two years of negative growth, but unemployment will remain stubbornly high, the European Commission had predicted on Tuesday. The EU executive expects economic growth in the 17-member currency bloc to reach 1.1% in 2014 after a 0.4% contraction this year. But unemployment is forecast to remain at its record high of 12.2% through 2014.


The outlook was slightly better for the 28-member EU, with the gross domestic product (GDP) expected to grow by 1.4% next year, while unemployment was set to fall to 11%, down from 11.1% in 2013.