Corporate governance - Vigil

G4S rejected a £3.3bn bid from US rival Allied Universal last week, turning away a second suitor in the takeover battle for the world’s biggest security company

Elliott Management initiated the review of company’s leadership in the spring

European watchdog says German regulator BaFin may lack independence

Ant Group's highly anticipated IPO has been abruptly suspended following a meeting between the company's billionaire co-founder Jack Ma and regulators in China.

The resurgence of COVID-19 cases in Europe and the introduction of new lockdowns to prevent health systems from being overwhelmed could be instructive for Canada.

When Magna International Inc. laid out its compensation numbers last spring, it noted how the new executives it was hiring actually made less than their predecessors. Magna said it planned to continue the trend when the time came to pick a new CEO – “migrating” its pay levels “toward the median of the company’s executive compensation peer group."

This week Japan said that it would eliminate all greenhouse gases. In the past month or so China and South Korea have declared that their economies will be carbon-neutral, meaning that they will put no more carbon dioxide into the atmosphere than they take out. In March the European Union unveiled a “net-zero” plan of its own. Britain and France have enshrined their targets into law.

Italy will tighten COVID restrictions but is holding back from re-introducing a nationwide lockdown, Prime Minister Giuseppe Conte said on Monday as infections, hospital admissions and deaths surge.

Covid cases are rising, cold weather is on its way and, for many American households and small businesses, financial resources are running out. The next few months could be tough.

Apple Inc.and Google have never been wild about discussing their arrangement over web search. At some point, they may have no choice.

Cannabis company Hexo Corp. announced a plan to consolidate its shares in an effort to regain compliance with the US$1 minimum share price continued listing standard of the New York Stock Exchange.

Gross domestic product expanded 1.2 per cent in August, Statistics Canada said Friday in Ottawa. The agency also released a preliminary estimate for September, which showed a 0.7 per cent expansion.

Clorox is doubling down on its investments in advertising as demand for cleaning supplies and other products continues to remain high during the coronavirus pandemic.

Meeting with Jack Ma and top executives, changing regulatory environment disqualified the listing, Shanghai exchange says

A Twitter Inc. board committee that was reviewing the social network’s leadership and management structure concluded that Chief Executive Officer Jack Dorsey should maintain his role at the helm of the company.

The Toronto bank’s announcement comes just after Mr. Rovinescu announced he will retire from the airline in February as it struggles to rebuild the travel sector amid COVID-19.

Dorel Industries Inc. says it has reached an agreement in principle to be taken private by a group led by Cerberus Capital Management and the family that controls the company’s multiple-voting shares.

The Lion Electric Co., a maker of electric vehicles such as yellow school buses, is in talks to go public through a merger with blank-cheque firm Northern Genesis Acquisition Corp., according to people with knowledge of the matter.

It may be someone few outside Asia have heard of: Aditya Puri, of India’s HDFC Bank

Historically, companies that list in Shanghai have been big, state-owned banks, energy and real estate firms. Other major Chinese businesses, especially those in tech, usually turn to Wall Street or Hong Kong to find investors because of barriers to listing in the mainland, including a prohibition on dual-class shares, which give corporate executives more power.

The European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns, but the rebound is being overshadowed by worries that growing numbers of infections will cause a new downturn in the final months of the year.

Dominant tech companies will have to explain how their algorithms work under proposed new EU rules and also open up their ad archives to regulators and researchers, Europe’s digital and antitrust chief said on Friday.

Our inaugural list showcases 50 EVPs, SVPs and members of C-suite. The individuals on this first annual list have built better companies in these unprecedented times—and built a better country in the process.