Corporate governance - Vigil

In the spring, clients bracing for economic trouble turned to stock markets to raise cash. In the latter part of 2020, it was the SPACs—special-purpose acquisition vehicles—that raised billions of dollars as a quick and suddenly popular way to get more companies into the public markets’ wide-open arms.

World’s biggest car manufacturer to pay more than €100m after electric ambitions fall short

During the pandemic, people have been getting less medical treatment. That saves money, but it could harm their health, an economist says.

Companies say they operated in accordance with laws and regulations, and followed regulatory requirements of listing venues

Canada has seen a “dramatic” widening of the income gap due to COVID-19, according to one of the country’s largest banks.

Enterprise software company SAP Canada will open a new research and development office in Montreal for its SAP Labs division and plans to add 30 new employees as part of the expansion.

Tension is rising between European authorities and Pfizer Inc. and BioNTech SE after officials said the companies had unexpectedly cut their deliveries of Covid-19 vaccines and put their immunization schedules at risk.

Once a dominant player, company’s beleaguered mobile division hasn’t been profitable in years, and CEO opens door to leaving the business

The European Central Bank kept its large monetary stimulus unchanged on Thursday, pledging to continue backstopping the region’s governments via large-scale debt purchases as a stubborn wave of Covid-19 infections darkened the economic outlook.

Workers affected by the pandemic continued to withdraw money from their retirement accounts in the final months of 2020. But, as happened earlier in the year, the increase in the number of people taking withdrawals was modest.

Environmental, social and governance (or ESG) issues have been hot topics and buzzwords in corporate governance for well over a decade and these issues have increasingly grabbed the attention of corporations and their boards of directors. However, the unprecedented events that marked 2020 and that have continued into 2021 have brought front and center the need for corporate boards of directors to take their oversight of ESG issues seriously.

TC Energy says it has suspended work on the Keystone XL project in anticipation of U.S. President-elect Joe Biden revoking its permit once he is sworn in later Wednesday.

Starboard Value LP is seeking to take control of agricultural giant Corteva Inc.’s board and replace its chief executive, according to people familiar with the matter.

A major premise of shorttermism worriers is that markets systematically undervalue long-term investments, which are consequently not fully reflected in stock prices. Although markets do sometimes err, people who express such concern have thus far not provided solid empirical evidence to justify their alarm.

The Canadian Federation of Independent Business is warning that more than 239,000 businesses could vanish because of COVID-19 as the new wave of restrictions and lockdowns leave a growing number of entrepreneurs considering giving up.

Currency’s recent rise could weaken the competitiveness of country’s goods and services, bank says

The streaming giant borrowed over $16 billion in less than a decade as it built out its content library. The strategy prompted criticism that the company was unsustainable.

Beijing’s bar against Australian coal imports is upending global flows of the energy commodity, leaving dozens of loaded ships stranded off the Chinese coast and reshaping the direction of the seaborne trade.

Chip maker is expected to report record annual sales blemished by market-share losses and technical setbacks

Britain’s first weeks of doing business outside of the EU have been mixed

More than half the chief executives of UK companies that have already reported 2020 figures received no bonus, as boards moved to counter investor criticism that bosses profited while businesses were hit by the pandemic.

The cost of shipping goods from China to Europe has more than quadrupled in the past eight weeks, hitting record highs as a shortage of empty containers stemming from the pandemic disrupts global trade.