Corporate governance - Vigil

The Bank of Canada doubled down on its concern over the red-hot real estate market, using its latest checkup on the health of the financial system to warn that speculation in some of the biggest cities has made the country more vulnerable to a debt crisis.

Canadian Pacific Railway Ltd. said Thursday it won’t increase its takeover offer for Kansas City Southern , betting recent setbacks for a higher offer from a rival make sweetening the bid unnecessary.

China’s emissions of climate-warming carbon dioxide emissions rose 9% in the first quarter of 2021 compared with pre-pandemic levels, driven by a carbon-intensive economic recovery and big hikes in steel and cement output, research showed on Thursday.

For the first time, employees are considered companies’ most important stakeholders for long-term success—three times more important than shareholders.

Les grandes compagnies aériennes au Canada demandent à nouveau à Ottawa un plan clair pour une reprise des voyages internationaux, alors que l’Union européenne a décidé de rouvrir ses frontières aux touristes vaccinés.

Joseph Blount says he needed to quickly restore service after cyberattack threatened East Coast supply

"It costs us a few hundred million dollars a year ... but it's an investment," the bank's CEO Brian Moynihan told CNN's Poppy Harlow on Tuesday, adding that It's about maintaining a "great standard of living for our teammates."

The euro zone’s central bank is particularly concerned about a higher corporate debt burden in countries with larger services sectors, because this could increase pressure on governments and lenders in these nations.

Hedge-fund firms are stepping up their presence in what has emerged as Wall Street’s hottest area: investing in private companies.

Cybersecurity chief says the agency has passed on info that prevented attacks on Canadian industry in the past few years

JPMorgan veterans Marianne Lake, 51, and Jennifer Piepszak, 51, will become co-heads of CCB, the bank said on Tuesday. Both are considered potential replacements for Dimon when he eventually steps down.

Ambassadors from the 27 EU countries approved a European Commission proposal from May 3 to loosen the criteria to determine “safe” countries and to let in fully vaccinated tourists from elsewhere.

Critics say new statistics paint a picture of an unequal quarantine system full of loopholes that add risk to Canada’s fight against COVID-19.

Discovery Inc. gave Chief Executive David Zaslav 14.8 million stock options on Sunday, the day before the company and AT&T Inc. announced a plan to merge Discovery with AT&T’s WarnerMedia unit, according to a securities filing.

CEOs are increasingly facing the conflict of short-term profitability pressures versus long-term sustainability issues. Social profit (in terms of sustainability and social good) and financial profit are increasingly intertwined, as savvy shareholders and an informed public demand corporations, large and small alike, use their influence for the good of the masses.

En plus du milliardaire Bill Gates, dont la firme d’investissement Cascade détient la plus importante participation dans le CN (12 %), la Caisse de dépôt et placement du Québec (CDPQ) s’est également rangée derrière l’offre de 33,7 milliards US émanant du plus important transporteur ferroviaire au pays.

Joseph Blount says he needed to quickly restore service after cyberattack threatened East Coast supply

Bombardier Inc. is trying to push past its debt covenant trouble with a new bond sale that will weaken the power of an investor challenging the legality of its past asset divestitures.

Wave of share repurchases is expected to boost European stock market

The U.S., U.K. and China are roaring ahead, while most lower income nations are struggling, reversing decades of progress in alleviating global poverty. ‘This has become the inequality virus.’

Canada's biggest city is adding bankers, portfolio managers and other finance types faster than any other in North America

The jump in US annual consumer price inflation to 4.2 per cent reported last week was a shock. But was it a good reason to panic? Not obviously, since special factors can explain it. It was ever thus: when inflation starts to rise, special factors can always explain it. But in truth the big reasons for concern are not what is happening right now, but rather the political forces at work.

The annual rate of inflation in the UK more than doubled in April to 1.5 per cent on the back of higher petrol prices and gas and electricity bills, its highest level since the start of the coronavirus pandemic.

The U.S. Surface Transportation Board rejected Canadian National’s plan to set up a voting trust that would acquire Kansas City Southern and own the railroad while regulators review the deal. The STB said it couldn’t review Canadian National’s plan now because it doesn’t include a detailed merger agreement.