Corporate governance - Vigil
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November 5, 2020 10:02 AM
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How to Identify — and Fix — Pay Inequality at Your Company

How to Identify — and Fix — Pay Inequality at Your Company | Corporate governance - Vigil | Scoop.it
California recently passed a law requiring employers to file equal pay reports annually, starting in March 2021. Colorado and a dozen other states have either passed or are considering a variety of pay transparency bills. And there are “no signs of it slowing down,” says Tom McMullen, who leads the global rewards and pay equity practice at Korn Ferry.
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November 4, 2020 11:00 AM
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Walmart Scraps Plan to Have Robots Scan Shelves

Walmart Scraps Plan to Have Robots Scan Shelves | Corporate governance - Vigil | Scoop.it

Walmart Inc. has ended its effort to use roving robots in store aisles to keep track of its inventory, reversing a yearslong push to automate the task with the hulking machines after finding during the coronavirus pandemic that humans can help get similar results.

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November 4, 2020 10:32 AM
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Canada’s trade deficit widens to $3.3-billion in September

Canada’s trade deficit widens to $3.3-billion in September | Corporate governance - Vigil | Scoop.it
Canada’s merchandise trade deficit grew to $3.3 billion in September as both exports and imports climbed higher, but remained below their pre-pandemic levels, Statistics Canada said Wednesday.
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November 4, 2020 10:28 AM
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'Everybody knew this fall surge was coming:' What went wrong with Ontario's COVID testing

'Everybody knew this fall surge was coming:' What went wrong with Ontario's COVID testing | Corporate governance - Vigil | Scoop.it

With colder weather on the horizon in many parts of Canada, experts have said that testing is key to stopping a second wave of the coronavirus. Yet it’s clear a second wave is already well underway in many places. On this week’s Down to Business, Richard Warnica, a staff writer for the National Post, discussed the business of testing.

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November 4, 2020 10:09 AM
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If China’s economy is so strong, why isn’t its currency stronger? | Finance & economics | The Economist

If China’s economy is so strong, why isn’t its currency stronger? | Finance & economics | The Economist | Corporate governance - Vigil | Scoop.it
The yuan’s recent appreciation against the dollar has merely kept it in line with the yen and the euro. This raises the question, sure to rankle with officials in Beijing, of whether China is again manipulating its currency.
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November 4, 2020 10:03 AM
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US formally withdraws from Paris climate accord 

US formally withdraws from Paris climate accord  | Corporate governance - Vigil | Scoop.it
The US is the only country that has formally left the Paris accord, although several other nations including Brazil have talked about quitting.
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November 4, 2020 9:55 AM
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Cleary Gottlieb Discusses ESG Regulatory Developments

By 2018, investment in sustainable assets in five of the world’s major markets (Europe, the United States, Japan, Canada and Australia-New Zealand) stood at $30.7 trillion, a 34% increase over the previous two years, and it was estimated that over 80% of institutional investors had an ESG component as part of their investment strategies.

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November 4, 2020 9:50 AM
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California Voters Exempt Uber, Lyft, DoorDash From Reclassifying Drivers

California Voters Exempt Uber, Lyft, DoorDash From Reclassifying Drivers | Corporate governance - Vigil | Scoop.it
Uber Technologies Inc., Lyft Inc. and DoorDash Inc. won a pivotal vote in California that exempts them from reclassifying their drivers as employees, according to the Associated Press.
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November 4, 2020 9:46 AM
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Suspended Ant IPO Shows Growing Regulatory Focus on Fintech Giant

Suspended Ant IPO Shows Growing Regulatory Focus on Fintech Giant | Corporate governance - Vigil | Scoop.it
Move prompts reassessment of whether the company’s growth and profitability will be severely crimped by Beijing in the years ahead
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November 3, 2020 10:26 AM
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Opinion: Rogers has a Cogeco conundrum: How to sell a big stake without taking a big haircut

Opinion: Rogers has a Cogeco conundrum: How to sell a big stake without taking a big haircut | Corporate governance - Vigil | Scoop.it
When, not if, Rogers exits, the company faces two significant issues. First, both Cogeco and Cogeco Communications are relatively illiquid stocks. Selling Rogers’s massive blocks into the open market would knock back the share price.
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November 3, 2020 10:03 AM
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Climate change: China’s coal addiction clashes with Xi’s bold promise | Financial Times

Climate change: China’s coal addiction clashes with Xi’s bold promise | Financial Times | Corporate governance - Vigil | Scoop.it
The president has set a deadline of 2060 to be ‘net-zero’ for emissions but new coal-fired power plants keep springing up
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November 3, 2020 10:00 AM
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Aramco’s mighty value reflects mini investor base | Reuters

Aramco’s mighty value reflects mini investor base | Reuters | Corporate governance - Vigil | Scoop.it
Saudi Aramco seems to be breezing through the Covid-19 era. Shares in the world’s biggest oil producer are more or less unchanged since January, a period in which Western rivals like Royal Dutch Shell and BP have lost over half their market value. It’s not just because Aramco is bigger and better, though.
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November 3, 2020 9:55 AM
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Fed Turns Attention to Asset Purchases After Spelling Out Low-Rate Pledges

Fed Turns Attention to Asset Purchases After Spelling Out Low-Rate Pledges | Corporate governance - Vigil | Scoop.it
Officials prefer more direct spending but see room to provide more stimulus by shifting Treasury purchases
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November 4, 2020 11:01 AM
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Scotiabank replaces head of strategy Randy Lyons, promotes Anique Asher to new role

Scotiabank replaces head of strategy Randy Lyons, promotes Anique Asher to new role | Corporate governance - Vigil | Scoop.it
Bank of Nova Scotia has replaced its head of strategy, promoting Anique Asher to a new role intended to ensure a closer alignment between the bank’s plans and its financial outcomes.
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November 4, 2020 10:52 AM
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TransAlta closing Highvale mine next year, will move away from using coal in Canada

TransAlta closing Highvale mine next year, will move away from using coal in Canada | Corporate governance - Vigil | Scoop.it
TransAlta Corp. says it will end mining operations at its Highvale coal mine by the end of 2021 and will stop using coal to power its generators in Canada effective Jan. 1, 2022.
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November 4, 2020 10:32 AM
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Dollarama names Pomerleau executive Jean-Philippe Towner as next CFO

Dollarama names Pomerleau executive Jean-Philippe Towner as next CFO | Corporate governance - Vigil | Scoop.it
Dollarama Inc. says Pomerleau executive Jean-Philippe Towner will become its next chief financial officer on March 1, 2021.
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November 4, 2020 10:25 AM
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Unions Are Democratically Organized, Corporations Are Not

Union leadership elections resemble those in a well-functioning political democracy: They follow the basic norm of one person, one vote; offer candidates equal opportunities to campaign; and ensure a secret ballot. As a result, unions are often considered schools of democracy, teaching their members about electoral democracy and providing them with opportunities to participate. In contrast, elections for public corporations are based on the number or type of shares owned.

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November 4, 2020 10:09 AM
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Caveat victor - If China’s economy is so strong, why isn’t its currency stronger? | Finance & economics | The Economist

Caveat victor - If China’s economy is so strong, why isn’t its currency stronger? | Finance & economics | The Economist | Corporate governance - Vigil | Scoop.it
The yuan’s recent appreciation against the dollar has merely kept it in line with the yen and the euro. This raises the question, sure to rankle with officials in Beijing, of whether China is again manipulating its currency.
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November 4, 2020 10:00 AM
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Shareholder Value(s): Index Fund ESG Activism and the New Millennial Corporate Governance

When it comes to ESG issues, index funds are far from docile. With respect to these salient social issues, we show that the big three confront problematic boards publicly, vote against their directors, compete aggressively with each other by escalating their ESG policies, and demonstrate vocal leadership in thought and deed—activities that are sharply at odds with the conventional account of index fund passivity.
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November 4, 2020 9:50 AM
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Covid-19 Surge Forces Europeans to Stay Home, Dragging on Economy

Covid-19 Surge Forces Europeans to Stay Home, Dragging on Economy | Corporate governance - Vigil | Scoop.it
Europe’s service providers reported a fresh decline in activity as a surge in coronavirus infections in October pushed consumers to avoid face-to-face services ranging from entertainment to eating out, a contrast with Asian countries such as China, which continued to see a rebound.
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November 4, 2020 9:47 AM
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PayPal’s Growth May Fade, but Its Future Is Still Bright

PayPal’s Growth May Fade, but Its Future Is Still Bright | Corporate governance - Vigil | Scoop.it

When it comes to online spending growth, PayPal Holdings may no longer be able to just hold out a bucket in a historic downpour. But that doesn’t mean its potential is drying up.

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November 3, 2020 10:57 AM
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Ontario to release criteria for easing COVID-19 restrictions as mayors push for reopening

Ontario to release criteria for easing COVID-19 restrictions as mayors push for reopening | Corporate governance - Vigil | Scoop.it
The new framework, expected to be announced Tuesday, is intended to offer more clarity by defining different levels of restrictions for businesses, such as indoor restaurants and gyms, which were ordered to close temporarily in the COVID-19 hotspots of Toronto, Ottawa, and Peel and York regions.
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November 3, 2020 10:22 AM
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Quebec Ink: The dreaded Netflix tax is working out just fine

Quebec Ink: The dreaded Netflix tax is working out just fine | Corporate governance - Vigil | Scoop.it

Getting Big Tech to collect sales tax was easy — and nearly $170 million has flowed into provincial coffers since

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November 3, 2020 10:02 AM
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Ten ways coronavirus crisis will shape world in long term | Financial Times

Ten ways coronavirus crisis will shape world in long term | Financial Times | Corporate governance - Vigil | Scoop.it
Much remains uncertain for business, the economy, domestic politics and international relations
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November 3, 2020 9:57 AM
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Jack Ma summons reminds investors that Beijing is still boss | Financial Times

Jack Ma summons reminds investors that Beijing is still boss | Financial Times | Corporate governance - Vigil | Scoop.it
But after Mr Ma criticised China’s state-dominated banking sector at a public forum, the country’s best-known entrepreneur on Monday was summoned by regulators to discuss hastily issued industry guidelines that could hit Ant’s future profits.
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