Corporate governance - Vigil

Changed climate in Washington has a chilling effect on deals

Considered China’s equivalent to Netflix Inc, Nasdaq-listed iQIYI has a market capitalisation of $16.4 billion, which values Baidu’s 56.2% stake at about $9.2 billion.

The number of registered Brazilians out of work and the national unemployment rate rose to the highest on record, official figures showed on Friday, as the easing of COVID-19 lockdown measures encouraged people to look for work again.

Who says utilities are cold-hearted and dull?

B.C. biotech firms AbCellera Biologics and Chinook Therapeutics raised $144-million and $140-million, respectively earlier this year, the two highest rounds of funding for Canadian companies so far in 2020.

The RBC chief executive pushed for small business and household relief programs at the height of pandemic uncertainty

The Regina-based CEO’s focus on plant-based proteins has opened Canada up to a $10.8-billion market

Canada’s biggest banks may have made it through 2020 in relatively solid financial shape, but the pandemic’s economic fallout is likely to remain a drag on their earnings for some time, according to analysts.

The German audit watchdog has told prosecutors that EY may have acted criminally during its work for Wirecard, a step that significantly escalates the legal and reputational risks for the accounting firm.

Deutsche Bank upgraded its global growth outlook for 2021 but cautioned that two key risks could still spoil the economic recovery from the coronavirus crisis.

Hawaii is seeking a careful balance as the holiday travel season kicks off: Allow enough visitors to help struggling, tourism-reliant businesses without causing a new wave of coronavirus cases.

GDP expanded a seasonally adjusted 12.1% in the third period following a record 17% contraction in the previous quarter

The Brazilian-US investment group behind Kraft Heinz, Burger King and Tim Hortons has been on the hunt for a megadeal ever since it failed to orchestrate the $143bn takeover of Unilever in 2017. It is now sitting on about $10bn of deployable funds.

Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake to back a contract extension in a bid to break a deadlock at the world’s largest carmaker, two people familiar with the matter said.

The restrictions have limited the rate of new infections, especially from long trips

Dual-class shares, long a point of friction in financial markets around the world, are set to become a battleground in the UK. The development comes after the chancellor Rishi Sunak included shares with special, or weighted, voting rights in a new consultation looking at a number of listing rules. The arguments have already begun.

This has been a strange and challenging year, but a good one for package carriers. I’ve seen StatsCan numbers that say e-commerce sales have more than doubled this year over last. How much has your business increased?

Statistics Canada says the drop may reflect the fact that businesses that were least able to adapt to the pandemic had already closed.

Britain is facing its worst recession in more than 300 years, and the government isn’t expecting the economy to return to pre-pandemic levels until the end of 2022 - or longer if Brexit goes wrong.

Air Canada has offered concessions related to its proposed acquisition of Canadian tour operator Transat to address EU antitrust concerns, a European Commission filing showed on Thursday.

While 2020 has forced each of us to grapple with difficult issues — from the Covid-19 pandemic to social justice to climate change — it has also made clear that no single government or organization will be able to solve them all. It's going to take all of us, which is why now, more than ever, people are also looking to leading brands and businesses to be part of the solution.

The Bank of Korea on Thursday forecast the economy would contract 1.1% this year, an improvement on its earlier expectation for a 1.3% drop. The brighter outlook came as the country recorded its highest number of daily coronavirus cases since March 1, when it was suffering the worst outbreak outside China. The rise in infections was factored in, the bank said.

The company warned that it could take additional measures such as not declaring future dividends and either reducing or not making certain payments, such as contributions to its pension and postretirement medical plans.

A deal would likely value Slack at more than $17 billion and mark Salesforce’s largest acquisition ever