Corporate governance - Vigil

There may be more sense to recent market movements than you think

Nearly a year after the coronavirus outbreak, the full impact of the pandemic on the U.S. economy remains unclear. Some of the most obvious indicators are in conflict: As some companies report enormous profits, nearly 10 million more Americans are now unemployed compared with last February, and over one million filed new unemployment claims last week.

“History shows us that it is best to tackle nonperforming loans early and decisively,” said European Commission Executive Vice President Valdis Dombrovskis, as he announced a plan for “bad banks” to sweep up debts soured by the pandemic.

BarkBox Inc., a startup best known for its monthly subscription service for dogs, is merging with a blank-check company in a $1.6 billion deal, including debt, according to people familiar with the matter.

Most central bank officials project interest rates will remain near zero for at least three years

The Ontario government has tapped the former head of one of the world’s largest online brokerage houses as its digital transformation czar.

The all-stock deal, which puts together two of the industry’s best known names, will create a new entity with an equity value of about $4.8 billion (US$3.8 billion), according to a statement and interviews with the Tilray and Aphria chief executive officers.

Bank of Canada Governor Tiff Macklem said a second wave of virus cases risks deepening the country’s economic damage in the short term, even as vaccine developments provide optimism there’s “light at the end of the tunnel.”

Why the pandemic will be remembered as a turning-point

Australia’s close relationship with coal reaches back to 1797. This year may mark the end of an era.

Companies moving from California likely won’t see their own tax bills shrink, but executives and employees could pay less

Bitcoin surpassed US$20,000 for the first time, another milestone in what’s been an eye-popping rally for the controversial digital asset this year.

Toshiba’s largest investor has significantly escalated its clash with management by calling for an extraordinary general meeting and an independent investigation into allegations that a knife-edge shareholder vote was conducted unfairly.

The country fared much better than European neighbors in the first wave, but the autumn surge has hit it harder

In the tug of war Brexit has unleashed between London and other European financial centers, one potential winner is often forgotten: the U.S.

Surveys of purchasing managers show U.S. growth weakened in December, while easing virus restrictions shored up Europe’s economy

New chief will be tasked with restoring trust with traditional owners of Juukan Gorge caves, which the company destroyed

The deal is expected to close in the first quarter of 2021, after which Cenovus shareholders would own 61% of the combined entity and Husky shareholders the rest

“We aren’t out of the woods in terms of 2021,” David Malpass said in a telephone interview on Tuesday. “Some of the advanced economies are recovering and China is growing. But for many of the developing countries, conditions are still bad and not getting better.”

Treasury department also brands Vietnam

ome of Europe’s tech companies are preparing to speed up listing plans early next year to grab some of the billions of dollars of investor cash that has already fuelled a record-breaking run of tech IPOs in the United States this year.

A group of experts gathered to debate the priorities for economic policy with the end of the pandemic (seemingly) in sight.

The German government on Wednesday moved to allow the use of Huawei’s technology in 5G mobile networks in exchange for assurances by the Chinese vendor about the safety of its gear, in a rebuke to the Trump administration.

As the debate over big tech and antitrust intensified over the past year, certainty reigned.