Corporate governance - Vigil

Magna International Inc. will develop a modular electric vehicle with Israeli startup REE Automotive, helping the Canadian auto supplier and contract manufacturer muscle further into a growing field of EV players.

Around 4 million adults aren’t looking for jobs, not because they’re scarce but because of worries about catching the coronavirus

Cybersecurity firm Darktrace PLC said Monday it aims to go public in London, hoping to cash in on growing demand for its software, despite ongoing legal uncertainty over one of its leading backers.

France’s Veolia Environnement reached a $15.5 billion deal to acquire Suez creating a water and waste-management giant that aims to soak up a global surge in infrastructure and climate-change spending.

The executives’ compensation for 2020 is on track for a record even as shareholders voice displeasure with some pay packages

China slapped a record 18 billion yuan (US$2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.

“This initial proposal by CVC was completely unsolicited and not initiated by Toshiba,” board chairman Osamu Nagayama said.

Under the new restructuring, the memos say, the group will have five subdivisions, including portfolio design and active investment management. Total Fund Management will also revise its staffing level, which is likely to affect about 25 per cent of its employees, or about 30 people. The changes will include departures and internal transfers.

Creating today’s Raytheon Technologies was massive, challenging and extraordinarily complex—and it happened during the pandemic. Learn from CEO Greg Hayes what it took to execute the largest-ever aerospace and defense merger.

Salt Lake City has top-notch ski resorts, challenging bike trails and breathtaking views of the Wasatch Mountains. It also is home to the hottest job market in the U.S.

A new survey by MNP Ltd. has found that 53 per cent of respondents said they are $200 or less away from not being able to meet all of their monthly bills and debt obligations. The number is alarming as it marks a five-year high in the agency's consumer debt index and marks a 10-point jump from a December survey.

For the debate about dual class shares has been revived. Following the Hill UK Listing Review, London is the latest market apparently determined to further undermine shareholder rights in order to encourage the listing of technology companies, on the strange understanding that this is the only way that tech founders can keep control and so be willing to bring their companies to the market. 

Just two thirds of available vaccine doses in Canada have been administered as provincial and territorial governments struggle to shift their COVID-19 vaccination programs into a faster gear after months of sluggish federal supply.

Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion in cash, as it builds out its cloud strategy for healthcare.

Federal stimulus and Covid-19 vaccinations have led to boosts in outlook for GDP and consumer prices in survey of economists

Boeing Co. has made several changes to the membership and structure of its board since a second 737 MAX crashed two years ago. Investors will soon decide whether the company has done enough.

China’s central bank said Ant will apply to become a financial holding company, subjecting it to regulations similar to those governing banks

Jean Raby and Charles Emond oversee more than $1.7 trillion in investments worldwide. They want to see real action on climate change.

While oversight of operations, regulatory compliance, and related risks will always be part of a board’s fiduciary duties, the volatility of the current business environment has challenged boards to push the needle further. As boards and management teams look to evaluate governance practices and processes, what proactive steps will ensure they stay ahead of the risk curve?

MTY Food Group Inc. reported a first-quarter profit of $13.4 million, down from $19.0 million a year ago, as it continued to deal with the impact of the pandemic.

For decades the international corporate tax system has irritated almost everyone — apart from shareholders of the world’s largest multinationals and countries with low tax rates.

Fast-food chains are closing more in-store restaurants as the Covid-19 pandemic accelerates the demise of a once mutually beneficial relationship

The money manager and its lenders tied costs around a $4.4 billion credit facility to BlackRock’s diversity and sustainability goals

In March, Statistics Canada says there were about 95,000 more retail jobs, fully recouping losses sustained in January lockdowns, and an employment bump of 21,000 in the accommodation and food services sector.

A new chief executive, Christine Holgate, transformed the business by opening up new business lines, expanding offshore, producing massive increases in revenues and profits and energising the company’s network of disillusioned franchisees. Late last year — instead of thanking her — the head of the sole shareholder, Prime Minister Scott Morrison, labelled part of her conduct “disgraceful and not on”.