Corporate governance - Vigil

GDP jump masks concerns recovery is slowing again as Covid-19 surges and the effects of fiscal stimulus fade

Ambitious task will require a tripling of per-capita GDP by 2035, putting China roughly on a par with developed nations like South Korea and Spain

Royal Dutch Shell said it would start raising its dividend again—after slashing it just months earlier—and planned to eventually increase shareholder payouts further, projecting an upbeat assessment of its ability to weather the pandemic-induced oil-demand shock.

Credit Suisse Group said Thursday it would restart buying back shares next year as its capital base strengthened despite lower-than-expected third-quarter earnings.

Cogeco Communications earned a profit attributable to owners of the corporation of $90.8 million or $1.88 per diluted share on $605.2 million in revenue for the quarter ended Aug. 31. The result was up from a profit of $89.8 million or $1.80 per diluted share on $583.7 million in revenue in the same period a year earlier.

As Vandana Juneja steps into a new role as head of the women’s advocacy group Catalyst Canada, she says high-ranking men in business need to speak up about the push to get more women and people from diverse backgrounds into executive positions and on to boards.

COVID-19 infections in workplaces have been surging for six weeks in Quebec, according to new data from the province’s public-health institute, a troubling trend that has contributed to the tightest pandemic restrictions in the country.

While the world wrestles with a deadly pandemic and how to confront climate change, there’s another, long-term global challenge that no one really knows how to deal with: Population aging. As the human race transitions from a burgeoning, exploding species to a static or shrinking one, economies around the world will come under significant strain.

The Bank of Canada recently announced an end to two short-term lending programs it introduced at the start of the pandemic. Their winding down is welcome news: it means the bank has been successful in stabilizing financial markets. But now comes the tricky part: encouraging economic expansion, which traditionally is inflationary, even while reassuring buyers of Canadian governments’ bonds it will not help these governments inflate away the debts they are incurring.

Chief executives of the largest social media companies will testify Wednesday before the Senate Commerce Committee in a hearing examining their platforms’ role in shaping political discourse.

As the company faces a critical public vote, CEO Dara Khosrowshahi on cleaning things up and the challenges of a gig economy revolution

BlackRock, the world’s largest asset manager, has called for the “alphabet soup” of standards used by companies to showcase their sustainability efforts to be replaced by a globally recognised framework, warning an overhaul was vital for investors to understand the risks companies face.

Dorsey, Pichai and Zuckerberg reject accusations of bias as lawmakers ask them to explain how they monitor political content

The drop in tax revenue has led to a total shortfall expected in the hundreds of billions of dollars—greater than 2019’s K-12 education budget for every state combined, or more than twice the amount spent that year on state roads and other transportation infrastructure

After a high-profile war of words, the French luxury group got a modest 2.6% cut to the price it originally offered for U.S. jeweler Tiffany

The spectacular growth in interest from investors in environmental, social and corporate governance (ESG) shows no signs of slowing down. But making sense of all the benchmarks is a tough call.

The European Commission proposed on Wednesday standards for setting adequate minimum wages across the 27-nation bloc to reduce wage inequality and in-work poverty, increase incentives to work and help sustain domestic demand as the economy shrinks.

The job losses could total around 2,150 positions, with the majority expected to be lost in Calgary. There were no details available on the timing of the cuts. Cenovus said details of the transition plan are still being worked out as the oil giants prepare to become one, likely in the first quarter of 2021.

On Tuesday, Hudson’s Bay Co. ULC filed a lawsuit against Oxford Properties and its affiliates, claiming Oxford is in breach of its lease agreements at seven shopping malls it owns, co-owns or manages. HBC says in its statement of claim that it is not required to pay rent on those stores until the “breaches” are resolved.

Bank of Canada keeps interest rate at 0.25 per cent, recalibrates QE program

Apple Inc. is stepping up efforts to develop its own search technology as U.S. antitrust authorities threaten multibillion-dollar payments that Google parent Alphabet Inc. makes to secure prime placement of its engine on the iPhone.

Aerospace giant reviewing jetliner production rates as airline traffic stalls

Weak growth, negative rates and sub-zero inflation leave policymakers searching for answers