Corporate governance - Vigil

"People are trying to seize the moment" worried the virus could return in the fall

Rising inflation, particularly in the United States, is among the risks facing the global economy amid a “worsening two-track recovery,” the International Monetary Fund warned on Wednesday.

Makoto Uchida, who took the helm of the Japanese carmaker a year after the former chair was arrested in November 2018, said two decades of the Ghosn reign led to serious governance lapses and a workplace where employees “just wanted to please the boss”. 

As business travelers begin to hit the road again, organizations can prepare by considering the four corporate-travel archetypes of the future.

As the momentum for environmental, social, and governance (ESG) initiatives accelerates, Canadian corporations increasingly seek deferred compensation tools that align executive priorities with ESG objectives. Well-designed tax policies on executive compensation arrangements can reinforce sustainable change, as ESG initiatives move from trend to traction. In this article, we outline this crucial conversation and add our voices to it.

The boss of the company at the heart of a widespread hack that has affected hundreds of businesses said he briefed the White House and that attackers are demanding a single $70 million ransomware payment.

Hundreds of businesses around the world, including one of Sweden’s largest grocery chains, grappled on Saturday with potential cybersecurity vulnerabilities after a software provider that provides services to more than 40,000 organizations, Kaseya, said it had been the victim of a “sophisticated cyberattack.”

Alstom is set to detail on Tuesday a path for improving profitability for the combined group after the Bombardier deal was sealed in January. Alstom is forecasting a cash drain in the first half of this year and a return to pre-acquisition margin levels only in the 2024-2025 fiscal year, according to a statement.

Investors who believe that investing sustainably will also deliver higher returns over the long run should be prepared for an imminent change in that narrative, academic research suggests.

The Financial Conduct Authority on Monday laid out plans to reform rules for company listings and allow more dual class shareholdings, which give certain shareholders greater voting rights than others. The watchdog is aiming to reverse a long-term decline in listings and help London compete with thriving overseas centres such as New York, Hong Kong and Shanghai.

Wensleydale operates two facilities in North Yorkshire and employs about 210 people.

A former top executive at Ontario Municipal Employees’ Retirement System is suing the pension fund for $65 million, alleging it made repeated cuts to its compensation plan for investment professionals over the past few years and fired him for refusing to sign on to the most recent changes.

Credit Suisse is continuing to lose senior bankers to competitors in the wake of missteps including a $5.5 billion loss tied to the meltdown of Archegos Capital Management.

About 22m fewer people are in work in advanced economies than before the coronavirus pandemic, according to research by the OECD which forecasts that labour markets will not recover until the end of next year.

Hackers are pioneering new ways of tricking facial-recognition systems, from cutting the eyes out of photos to making a portrait ‘nod’ with artificial intelligence

As the momentum for environmental, social, and governance (ESG) initiatives accelerates, Canadian corporations increasingly seek deferred compensation tools that align executive priorities with ESG objectives. Well-designed tax policies on executive compensation arrangements can reinforce sustainable change, as ESG initiatives move from trend to traction. In this article, we outline this crucial conversation and add our voices to it.

A practical corporate governance framework is essential for the successful running of a company. It is the system of rules, practices and processes by which a company is run.

Nearly 140 companies in S&P 500 said their median worker made at least $100,000 last year; four dozen put the figure at less than $30,000

The company faces declining sales and thousands of lawsuits claiming it knowingly sold its trendy vaping products to minors. Soon the F.D.A. will decide whether it can keep selling them at all.

On Monday, Alberta announced a new deal. North West Refining will be paid $425 million to forego future tolling revenue and for its 50 per cent equity stake in the 79,000-barrels-per-day heavy oil refinery north of Edmonton. Canadian Natural Resources Ltd., which owns the other 50 per cent of the refinery, will also be paid $400 million immediately.

Hyperlocal social media platform Nextdoor has agreed to go public through a merger with a special purpose acquisition company, in a deal that it said would give the business an implied valuation of $4.3bn.

Most of Canada’s top CEOs saw their pay climb in 2020, even as the COVID-19 pandemic shocked the economy and the federal government responded with billions of dollars in support for workers and companies.

The $8.7-billion bid battle for Britain’s Morrisons intensified on Monday when a third private equity group entered the fray, sending the supermarket group’s share price racing ahead of the value of an offer it recommended on Saturday.

Deal to be funded with about US$1.1 billion of equity