Corporate governance - Vigil

The Ontario Teachers’ Pension Plan is gearing up for a fresh C$70bn push into private markets, spanning assets from infrastructure to real estate, as one of the world’s largest retirement plans tries to escape the punishing effect of low interest rates.

For years, many of America’s top corporations have viewed annual shareholder votes as either a necessary formality or a nuisance.
Now, a wave of activism is forcing them to pay closer attention.

As the Amazon founder steps aside as CEO, the company is expanding faster than ever

Departure caps the changing of the guard at the commodities giant after CEO stepped down last week

Score one for Louis Audet.

Cogeco Communications Inc., controlled by Montreal-based Mr. Audet and his family, expanded its U.S. operations on Wednesday by snapping up 200,000 new internet subscribers in Ohio with a US$1.13-billion takeover.

This is precisely the sort of deal that suitors Rogers Communications Inc. and Altice USA Inc. claimed was out of reach for Cogeco when they made a hostile $10-billion bid for it last September.

Alberta province ended the 2020-21 fiscal year with a deficit of $17 billion, nearly $10 billion higher than forecast in its budget, due to the COVID-19 pandemic and oil price collapse, the government said on Wednesday.

After years of complex negotiations, 130 countries have agreed to fundamentally change the way that companies are taxed around the world — but some detail remains to be decided and domestic legislation completed, and holdout nations still have not been won over.

Andy Jassy is about to take over an e-commerce colossus that employs 1.3 million people. His first challenge is an antitrust campaign that threatens the empire he will oversee.

Alicia Reyes, who led the bank’s European investment bank, said the lender swept regulatory problems under the carpet, according to evidence in a U.K. court

A senior ExxonMobil lobbyist appears to have unwittingly revealed how the oil company uses its political muscle to undercut climate action.

International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4-trillion in losses, a UN study said on Wednesday, adding the sector is not expected to rebound fully until 2023.

IOSCO, which groups securities regulators from the United States, Europe and Asia, set out how regulators can better protect investors from greenwashing and what sustainability-related standards the authorities should expect from asset managers.

GSK’s board on Friday rejected Elliott’s demands that the British company change its board and sell its consumer healthcare arm after separating it from its pharma business, a day after strongly worded proposals from the activist investor.

A majority of chief financial officers say Colonial Pipeline made the only decision it could, rather than a right or wrong decision, in paying bitcoin ransom to hackers, according to the Q2 2021 CNBC Global CFO Council survey.

A group of infrastructure investors submitted a nearly $17 billion takeover bid for Sydney Airport, the operator of Australia’s busiest airport, signaling that investors are willing to bet big on post-pandemic travel.

Avec le passage de l’ensemble des régions du Québec en zone verte, le ministre du Travail, Jean Boulet, a rappelé que le télétravail n’est plus obligatoire. Cependant, il a rappelé aux employeurs du secteur privé que ce n’est pas le gouvernement qui va assumer la mise en place du retour progressif au bureau, qu’il se fasse en mode hybride ou non.

China is one of the world's fastest-growing wealth markets

Author of the article:

A judge rules there is no simple answer

House prices are rising across the world at a hair-raising pace: in the US at their fastest rate for three decades while the UK has experienced the quickest growth rate for 17 years. Prices in Germany, which missed much of the past four decades of rising house prices, have surged. Not even Italy and Japan, where house prices have been moribund for decades, have completely missed out.

Increase in jobs was the strongest since last August, as more Americans joined the labor force

Hydro-Québec ranked first in the 2021 Best 50 Corporate Citizens in Canada released by Corporate Knights magazine.

How can the board both oversee and help their companies navigate the intersection between ESG and strategy?

The European Commission on Wednesday proposed caps on interest rates for consumer credit agreements and a ban on bundling practices as part of tougher consumer credit rules following the surge in online shopping during COVID-19 lockdowns and the rise of digital lenders.