Corporate governance - Vigil
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March 29, 2021 10:26 AM
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Canada expects to receive 3.3 million COVID-19 vaccine doses this week

Canada expects to receive 3.3 million COVID-19 vaccine doses this week | Corporate governance - Vigil | Scoop.it
Canada is scheduled to receive a flood of new COVID-19 vaccine doses this week, with around 3.3 million shots due for delivery from different pharmaceutical companies over the coming days.
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March 29, 2021 10:24 AM
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WHO draft report says COVID-19 most likely originated from animals

WHO draft report says COVID-19 most likely originated from animals | Corporate governance - Vigil | Scoop.it
A joint WHO-China study on the origins of COVID-19 says that transmission of the virus from bats to humans through another animal is the most likely scenario and that a lab leak is “extremely unlikely,” according to a draft copy obtained by The Associated Press.
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March 29, 2021 10:14 AM
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Deutsche Bank extends CEO Sewing’s contract to 2026 

Deutsche Bank extends CEO Sewing’s contract to 2026  | Corporate governance - Vigil | Scoop.it
Christian Sewing is set to stay in charge of Deutsche Bank for five more years after its supervisory board extended the chief executive’s contract until 2026, Germany’s largest lender announced on Monday.
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March 29, 2021 9:50 AM
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The Long-Term Effects of Short Selling and Negative Activism

Activist short selling, which we call “negative activism,” has real and lasting long-term effects. On average, the share prices of targeted companies fall by more than 20% after four years. Accounting returns plummet. Targets are more likely to be sued and investigated by regulators. The numbers are staggering.

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March 29, 2021 9:47 AM
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Coronavirus Was Supposed to Drive Bankruptcies Higher. The Opposite Happened.

Coronavirus Was Supposed to Drive Bankruptcies Higher. The Opposite Happened. | Corporate governance - Vigil | Scoop.it
Stimulus checks and other government measures kept many borrowers from bankruptcy last year despite high unemployment, but economists worry it won’t last
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March 29, 2021 9:45 AM
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Pandemic Accelerates Retirements, Threatening Economic Growth

Pandemic Accelerates Retirements, Threatening Economic Growth | Corporate governance - Vigil | Scoop.it
The labor force participation rate—the proportion of the population working or seeking work—for Americans age 55 and older has fallen from 40.3% in February of 2020 to 38.3% this February—representing a loss of 1.45 million people from the labor force.
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March 29, 2021 9:38 AM
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Global Institutional Investors on the IFRS Foundation’s Sustainability Standards

The IFRS® Foundation’s September 2020 consultation on sustainability reporting proposes setting up a Sustainability Standards Board (SSB) to set standards and drive global consistency.
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March 28, 2021 10:48 AM
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‘Are we going to be able to pull this off?’: How the Bank of Canada doused a financial fire last spring

‘Are we going to be able to pull this off?’: How the Bank of Canada doused a financial fire last spring | Corporate governance - Vigil | Scoop.it
During an intense few weeks last year when the pandemic first hit, the central bank was thrust into new territory. Now it faces the delicate task of unwinding monetary support where a wrong move could trigger new economic storms
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March 26, 2021 4:09 PM
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Ontario moving ahead with expanded mandate for OSC

Ontario moving ahead with expanded mandate for OSC | Corporate governance - Vigil | Scoop.it
The provincial budget signals action on certain proposals from the modernization task force
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March 26, 2021 10:31 AM
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Women Lead Here: ‘Progress on diversity and inclusion is being made.... just not fast enough’

Women Lead Here: ‘Progress on diversity and inclusion is being made.... just not fast enough’ | Corporate governance - Vigil | Scoop.it
Five CEOs on what their companies are doing to advance diversity and inclusion—not just around gender
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March 26, 2021 10:23 AM
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Sobeys' parent company teams up with manufacturers to draft code of conduct for embattled grocery sector 

Sobeys' parent company teams up with manufacturers to draft code of conduct for embattled grocery sector  | Corporate governance - Vigil | Scoop.it
One of Canada’s most powerful supermarket chains is giving legislators a blueprint on how to end bully tactics in the food chain, conceding that dysfunction between the dominant grocers and their suppliers is hurting Canadian farmers, food processors and consumers.
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March 26, 2021 10:22 AM
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One in three Canadians feels worse off financially than a year ago, poll finds

One in three Canadians feels worse off financially than a year ago, poll finds | Corporate governance - Vigil | Scoop.it
A significant percentage of Canadians are anxious about their financial situation as the COVID-19 pandemic drags into a second year, according to recent data collected by the Angus Reid Institute that suggests the effects of the pandemic have not been borne equally.
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March 26, 2021 10:14 AM
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China's dual-listed tech giants have lost about $60 billion collectively

China's dual-listed tech giants have lost about $60 billion collectively | Corporate governance - Vigil | Scoop.it

China’s dual-listed tech giants — Alibaba, Baidu, JD.com, and Netease — have collectively lost billions in market value in just days. The losses come amid the threat of potential de-listings from U.S. stock exchanges.

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March 29, 2021 10:25 AM
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Suez Canal authority says traffic can resume after container ship refloated

Suez Canal authority says traffic can resume after container ship refloated | Corporate governance - Vigil | Scoop.it
A canal service provider says that workers have successfully set free a colossal container ship that for nearly a week has been stuck sideways across the Suez Canal, one of the world’s most crucial arteries for trade.
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March 29, 2021 10:16 AM
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How the American SPACs rocket has failed to take off in Europe

How the American SPACs rocket has failed to take off in Europe | Corporate governance - Vigil | Scoop.it
“I get an email almost every morning from some SPAC seller telling me to do a SPAC with them,” said Johnny Boufarhat, CEO of Hopin, a virtual events platform. “It’s interesting, but it also doesn’t make sense for us.”
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March 29, 2021 9:51 AM
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When will the COVID-19 pandemic end? 

When will the COVID-19 pandemic end?  | Corporate governance - Vigil | Scoop.it

The fall in COVID-19 cases across much of the world over the past ten weeks signals a new dawn in the fight against the disease. Vaccines are proving effective and rapidly scaling, bending the curve in many geographies. This is a fragile dawn, however, with transmission and deaths still high, unequal access to vaccines, and variants of concern threatening to undo progress to date.

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March 29, 2021 9:47 AM
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Companies Ask Their Customers to Help Them Cut Emissions

Companies Ask Their Customers to Help Them Cut Emissions | Corporate governance - Vigil | Scoop.it
While consumer-goods companies have touted their success in cutting emissions in offices and factories, they are struggling to reduce what they say is the biggest source of emissions associated with their products: consumer use.
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March 29, 2021 9:46 AM
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China, Long a Source of Deflation, Starts Raising Prices for the World

China, Long a Source of Deflation, Starts Raising Prices for the World | Corporate governance - Vigil | Scoop.it
Pressured by supply-chain woes and commodities costs, Chinese manufacturers are increasing prices, adding to inflation fears
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March 29, 2021 9:42 AM
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Tech Companies Turn to New Technique to Set IPO Prices

Tech Companies Turn to New Technique to Set IPO Prices | Corporate governance - Vigil | Scoop.it
ACV Auctions is the latest tech company to use a pricing method that gives companies more visibility into what investors will pay for shares
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March 29, 2021 9:26 AM
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Deliveroo cuts IPO target range after investor backlash

Deliveroo cuts IPO target range after investor backlash | Corporate governance - Vigil | Scoop.it
Food delivery start-up Deliveroo has changed the target value for its initial public offering on the London Stock Exchange, after some investors expressed concerns over workers’ rights and the company’s share ownership structure.
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March 28, 2021 10:48 AM
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Opinion: BlackRock hired me to make sustainable investing mainstream. Now I realize it’s a deadly distraction from the climate-change threat

Opinion: BlackRock hired me to make sustainable investing mainstream. Now I realize it’s a deadly distraction from the climate-change threat | Corporate governance - Vigil | Scoop.it
Canadian business executives must find the moral clarity to make clear to the public that systemic problems require systemic solutions led by democratically elected leaders. Truly averting the climate threat requires governments and the private sector to come together to rapidly transform our economy into one that doesn’t have to be bad for business, but can no longer be business as usual.
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March 26, 2021 10:47 AM
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A Living Wage: The Latest ESG Challenge For Corporate Governance

A Living Wage: The Latest ESG Challenge For Corporate Governance | Corporate governance - Vigil | Scoop.it
Proposals and pressures associated with payment of a “living wage” to employees may present themselves on the boardroom agenda much sooner than corporate leaders expect.
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March 26, 2021 10:28 AM
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Laurentian Bank’s Rania Llewellyn has a message for all the doubters – Underestimate me. That’ll be fun

Laurentian Bank’s Rania Llewellyn has a message for all the doubters – Underestimate me. That’ll be fun | Corporate governance - Vigil | Scoop.it
Turning around the challenged institution will be just one more tough job in the new CEO’s long, determined climb to the top
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March 26, 2021 10:22 AM
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Telus to raise $1.3 billion through equity offering

Telus to raise $1.3 billion through equity offering | Corporate governance - Vigil | Scoop.it
Telus Corp. said on Thursday it would raise $1.3 billion through an equity offering as the Canadian telecom company boosts investments in broadband connectivity and 5G.
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March 26, 2021 10:17 AM
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Veolia seeks EU approval to vote at Suez AGM - sources 

Veolia seeks EU approval to vote at Suez AGM - sources  | Corporate governance - Vigil | Scoop.it
French water group Veolia is seeking European Union approval to vote at takeover target Suez’s upcoming shareholder meeting on resolutions that could include deposing Suez board members, two sources close to the matter said.
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