Corporate governance - Vigil

By most measures, China is no longer just leading the U.S. when it comes to 5G. It is running away with the game.

The coronavirus pandemic remains a top risk to the U.S. financial system, the Federal Reserve said in a report released Monday, warning that uncertainty over the course of the virus and its economic and financial consequences remains unusually high.

First came the crisis. Most parents and educators supported the extreme measures of closing schools to prevent the spread of COVID-19 and as fall has come around, most have undertaken extraordinary measures to ensure kids get at least some schooling. The operating theory appears to be a mix of “something is better than nothing,” “safety first” and “be kind.”

Canada’s COVID-19 pandemic exit strategy is dependent on a vaccine to establish broad population immunity. While a highly effective vaccine would be ideal, it is naive to hope for a single perfect solution to such a complex problem. To hedge our bets, Canada should attempt maximal suppression of the virus, so success becomes vaccine-assisted, not vaccine-dependent.

Enbridge’s target of net-zero emissions by 2050 aligns the Calgary-based pipeline and utilities giant with the country’s three largest oil producers Canadian Natural Resources Ltd., Suncor Energy Inc. and Cenovus Energy Inc., along with European oil majors Royal Dutch Shell Plc, Total SA and BP Plc. — all of whom have adopted net-zero targets.

France tries to share the hardship of new retail curbs to fight resurgent coronavirus, banning sale of nonessentials even in stores that remain open

The exact size of Elliott’s stake couldn’t be learned, though it falls below the 5% threshold that would require regulatory disclosure, the people said. Elliott is one of the biggest investors in F5 Networks, a Seattle company with a market value of about $8.8 billion, they added.

Banks have extended the equivalent of more than $250 billion in loans in less than six months

Pfizer Inc said on Monday its experimental COVID-19 vaccine was more than 90% effective, a major victory in the fight against a pandemic that has killed more than a million people, battered the world's economy and upended daily life.

Tencent-backed Kuaishou Technology is aiming for a roughly $50 billion valuation

The probe is related to contracts and orders from Garuda Indonesia, the flag airline of the Southeast Asian country, the fraud office said in a statement on its website Thursday. It said it would provide no further comment because the investigation is continuing.

BP is partnering with renewable energy giant Ørsted to produce hydrogen from wind power, the oil major’s first big project in a sector that it—and the wider industry—believe will play a key role in the transition to low-carbon energy.

New rules targeting online platforms could constrain internet companies such as Alibaba, Tencent

The number of COVID-19 infections in Canada is soaring to record-breaking heights, prompting governments in some coronavirus-battered parts of the country to impose new restrictions, while others cling to reopening plans they hope will salvage their economies.

Portugal and Hungary on Monday became the latest European countries to impose curfews against the resurgent tide of coronavirus infections and deaths lashing the continent and filing its emergency wards. But glimmers of hope emerged from France, Belgium and elsewhere that tough restrictions might be starting to work.

The pandemic is threatening the pipeline of emerging female leaders and risks thwarting the progress Corporate Canada has made in diversity and inclusion efforts, the head of the country’s largest pension fund is warning.

Air Canada posted its third straight quarterly loss on Monday, as the COVID-19 pandemic crippled air travel forcing Canada’s biggest airline to cut the majority of its flights. International air travel remains severely affected around the globe because of border restrictions by many countries.

The Silicon Valley pioneer long held it had to build its flagship chips in its own factories; then it hit the wall and is considering outsourcing—a milestone in the story of America’s losing its manufacturing primacy

Japan’s SoftBank Group, the world’s largest technology investor, is ready to go on the offensive again after a year of struggling with missteps, losses and tanking markets.

The pressure on companies to tackle social and environmental issues has intensified this year despite the pandemic, with a record number of resolutions addressing issues from climate change to diversity passing at annual meetings globally in 2020.

The pay gap between men and women doing the same job in Europe narrowed only marginally this year, the European Commission said on Friday, even though a vast majority of EU citizens support eliminating that difference.

TMX Group Ltd. chief executive John McKenzie expects new listings on the Toronto Stock Exchange and TSX Venture Exchange to remain robust until the end of the year, following a strong quarter for initial public offerings and financings, particularly in the technology and mining sectors.