Corporate governance - Vigil

Pfizer Inc Chief Executive Officer Albert Bourla has sold stake worth $5.56 million, according to a regulatory filing that showed the sale was made on Monday, the same day the drugmaker reported positive data on its experimental COVID-19 vaccine.

China’s Alibaba said orders on its e-commerce platforms during the Singles’ Day shopping extravaganza had exceeded $70 billion by Wednesday evening, as lockdown-weary consumers splashed out on as many as 16 million discounted goods.

Great Canadian Gaming Corp. agreed to be acquired by Apollo Global Management Inc. in a deal valued at more than $3.3 billion, the latest shift for the casino industry that’s been hit by the COVID-19 pandemic.

Where climate change is concerned, it seems the scales have finally fallen from the eyes of America’s rate-setters. The Federal Reserve on Monday for the first time included climate change as one of the risks to the financial system in a biannual stability report. The Damascene moment is late. But it sets the scene for more concrete action, especially now that the politics looks more favorable.

“While the latest news on a vaccine looks encouraging, we could still face recurring cycles of accelerating viral spread and tightening restrictions until widespread immunity is achieved,” Lagarde said at the ECB Forum on Central Banking.

Companies should create closer links between their compliance departments and risk managers who focus on an array of corporate hazards, according to an influential organization that guides companies on enterprise risk-management practices.

News that the Pfizer vaccine could be approved this month have boosted hopes for a quick recovery. But winter surge in infections poses challenges.

As airlines enter aid talks with Ottawa, rapid testing seen as important as loans

Apple Inc on Tuesday is expected to introduce Mac computers with its own processor chips, marking the start of its move away from Intel Corp’s chips.

Huawei plans to sell budget-brand smartphone unit honour in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its hometown of Shenzhen, people with knowledge of the matter told Reuters.

A coalition of Mi’kmaq First Nations is teaming up with Vancouver-based Premium Brands Holdings Corp. to strike a $1-billion deal for Atlantic Canada’s largest wild seafood company, Clearwater Seafoods Inc.

With Pfizer Inc.’s Covid-19 vaccine on track to be authorized as early as next month, Western governments are facing an enormous logistical challenge: getting enough people shots of new vaccines.

How COVID lockdown is being used by UN and leading climate activists to promote radical net zero corporate carbon regime

Brookfield Asset Management Inc. is embarking on an aggressive move into the secondary market for private assets, the first step in what Chief Executive Officer Bruce Flatt says could become a US$50 billion business.

Pfizer Inc Chief Executive Officer Albert Bourla sold $5.56 million worth of company shares on Monday, the day the drugmaker said its COVID-19 vaccine was 90% effective based on interim trial results, a regulatory filing showed.

The high-profile effort to combat money laundering in British Columbia will likely fall flat, warns a new report from the C.D. Howe Institute.

The U.K. said that companies need to report the financial impacts of climate change on their businesses within the next five years, becoming the first country to make the disclosures mandatory as investors and governments demand corporations curb their greenhouse gas emissions.

Many people are still baffled by 5G, and for good reason: The next-generation wireless standard has only started to hit the market, and most people have yet to see the technology touch their lives.

Britain becomes latest European country to follow U.S. in efforts to protect national security

Avec la crise qui se prolonge, plusieurs compagnies aériennes à travers le monde pourraient ne pas passer l’hiver. Le vaccin se fait attendre, les frontières restent fermées et il faudra un certain temps avant que les voyageurs reviennent en masse.

The Bank of Canada said it will end its program to buy provincial money-market securities and further reduce its purchases of federal government treasury bills, as the central bank continues to scale back its emergency market supports launched in response to the COVID-19 crisis.

Bank of Montreal has poached its next chief financial officer from the ranks of a U.S. competitor, hiring Tayfun Tuzun as current finance chief Tom Flynn prepares to step aside. Mr. Tuzun is currently chief financial officer at Ohio-based Fifth Third Bancorp, one of the largest lenders in the Midwestern United States and a direct competitor to BMO’s U.S. arm, BMO Harris Bank.

Burger chain McDonald’s Corp said it would debut its own plant-based meat alternatives called “McPlant” in 2021, ending speculations over who the world’s biggest restaurant chain would partner with in a new frontier for the fast food industry.

Amazon.com Inc. faces fresh legal battles with the European Union after the bloc charged the online retailer with violating competition law in a new salvo in its scrutiny of U.S. tech corporations.