Corporate governance - Vigil
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October 20, 2020 10:08 AM
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Magna president Seetarama Kotagiri steps into CEO role as Don Walker retires

Magna president Seetarama Kotagiri steps into CEO role as Don Walker retires | Corporate governance - Vigil | Scoop.it
Walker will retire at end of 2020 after holding the top job for 15 years
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October 20, 2020 10:07 AM
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U.S. government files antitrust lawsuit against Google

U.S. government files antitrust lawsuit against Google | Corporate governance - Vigil | Scoop.it
The U.S. Justice Department and 11 states filed an antitrust lawsuit against Alphabet Inc’s Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals.
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October 20, 2020 10:06 AM
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China’s next environmental problem? The 26 million tons of clothes they throw away every year

China’s next environmental problem? The 26 million tons of clothes they throw away every year | Corporate governance - Vigil | Scoop.it

The result: China throws away 26 million tons of clothes every year, less than 1 per cent of which is reused or recycled, according to state news agency Xinhua.

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October 20, 2020 10:00 AM
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Red capitalism - Why Chinese firms still flock to American stock exchanges | Business | The Economist

Red capitalism - Why Chinese firms still flock to American stock exchanges | Business | The Economist | Corporate governance - Vigil | Scoop.it
Washington is increasingly hostile to Chinese firms. Not Wall Street
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October 20, 2020 9:50 AM
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Council Post: Why Advisory Boards Are Important For Business Corporations

Council Post: Why Advisory Boards Are Important For Business Corporations | Corporate governance - Vigil | Scoop.it
The advisory board is one area that is overlooked by many businesses but can be a game changer. According to BDC, 86% of businesses with an advisory board say it has a significant impact on their businesses.
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October 20, 2020 9:42 AM
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The Fiduciary Duties of Bank Boards

Even Bank Directors Are Not “Platonic Masters”: The fiduciary duties of bank boards extend to efforts to exploit banking regulations and manipulate bank regulators
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October 20, 2020 9:39 AM
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Microsoft Teams With Elon Musk’s SpaceX to Push Cloud Battle With Amazon Into Orbit

Microsoft Teams With Elon Musk’s SpaceX to Push Cloud Battle With Amazon Into Orbit | Corporate governance - Vigil | Scoop.it
The space-cloud initiative is targeting military and commercial customers and comes after Amazon announced its own space effort
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October 20, 2020 9:36 AM
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The pandemic will structurally change the global economy more than we think | Bruegel

The pandemic will structurally change the global economy more than we think | Bruegel | Corporate governance - Vigil | Scoop.it
It is time to rethink many of the basic principles of our economic model to mitigate the impacts of the COVID-19 pandemic.
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October 19, 2020 10:23 AM
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Fed’s Powell says it’s more important for U.S. ‘to get it right than be first’ on digital currency

Fed’s Powell says it’s more important for U.S. ‘to get it right than be first’ on digital currency | Corporate governance - Vigil | Scoop.it
In any development of a cross-border digital currency, it is more important for the United States “to get it right than be first,” U.S. Federal Reserve Chair Jerome Powell said on Monday.
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October 19, 2020 10:22 AM
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Pandemic presents a ‘terrific opportunity’ for BMO executive’s plans to digitize

Pandemic presents a ‘terrific opportunity’ for BMO executive’s plans to digitize | Corporate governance - Vigil | Scoop.it
The coronavirus pandemic has been a jarring setback for banks, driving up potential loan losses and eating into profits. But for Cameron Fowler, the timing has a silver lining.
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October 19, 2020 10:15 AM
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Graphic: Founder-led firms outpacing CEO-led ones in market recovery | Reuters

Graphic: Founder-led firms outpacing CEO-led ones in market recovery | Reuters | Corporate governance - Vigil | Scoop.it
Technology companies led by their founders have been the standout winners in share price performance and profit growth this year, beating companies led by other managers, according to a Reuters analysis.
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October 19, 2020 9:58 AM
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Salesforce CEO Marc Benioff developed this mindset to lead in crisis

Salesforce CEO Marc Benioff developed this mindset to lead in crisis | Corporate governance - Vigil | Scoop.it
Before building Salesforce into the multibillion-dollar cloud computing behemoth it is today, founder and CEO Marc Benioff experienced his share of ups and downs.
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October 19, 2020 9:57 AM
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China Economy Grows 4.9% as Rest of World Struggles With Coronavirus

China Economy Grows 4.9% as Rest of World Struggles With Coronavirus | Corporate governance - Vigil | Scoop.it
Result was lower than a 5.3% median forecast expected by economists polled by The Wall Street Journal
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October 20, 2020 10:07 AM
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Why AltaGas is now rarest of Calgary-based energy companies — a stock-market darling

Why AltaGas is now rarest of Calgary-based energy companies — a stock-market darling | Corporate governance - Vigil | Scoop.it
A better-than-expected acquisition has turned AltaGas Ltd. into that rare Calgary-based publicly traded company — a stock market darling, at least in the short term.
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October 20, 2020 10:06 AM
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EU plans to shut door to travel from Canada, sources say

EU plans to shut door to travel from Canada, sources say | Corporate governance - Vigil | Scoop.it
The European Union plans to remove Canada, Tunisia and Georgia from its list of countries whose residents should be allowed to visit the bloc amid the coronavirus pandemic, according to EU officials familiar with the matter.
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October 20, 2020 10:01 AM
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Sweden bans Huawei and ZTE from 5G telecoms networks | Financial Times

Sweden bans Huawei and ZTE from 5G telecoms networks | Financial Times | Corporate governance - Vigil | Scoop.it
Sweden has become the latest country to ban Chinese telecoms groups Huawei and ZTE from its 5G mobile networks as it took aim at what it labelled Beijing’s spying and “theft of technology”.
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October 20, 2020 9:56 AM
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Oil Industry Turns to Mergers and Acquisitions to Survive - The New York Times

Oil Industry Turns to Mergers and Acquisitions to Survive - The New York Times | Corporate governance - Vigil | Scoop.it
With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.
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October 20, 2020 9:43 AM
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How Executives Can Help Sustain Value Creation for the Long Term

Ample evidence shows that when executives consistently make decisions and investments with long-term objectives in mind, their companies generate more shareholder value, create more jobs, and contribute more to economic growth than do peer companies that focus on the short term.
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October 20, 2020 9:41 AM
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Australia among strongest on governance

Australia among strongest on governance | Corporate governance - Vigil | Scoop.it
Calvert examined 10 governance factors, including accounting risks and shareholder rights, across 8500 companies in 72 countries to see how governance materially impacts financial performance.
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October 20, 2020 9:38 AM
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Intel Enters Deal to Sell NAND Memory Unit to SK Hynix

Intel Enters Deal to Sell NAND Memory Unit to SK Hynix | Corporate governance - Vigil | Scoop.it

Intel Corp. has reached a deal to sell its flash-memory manufacturing business to South Korea’s SK Hynix Inc. for about $9 billion, in a move that would reorient the semiconductor giant away from an area of historical importance that has become increasingly challenged.

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October 19, 2020 10:24 AM
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The problem with Canada's monetary policy regime

The problem with Canada's monetary policy regime | Corporate governance - Vigil | Scoop.it
Canada’s monetary policy regime works fine, by most accounts, but it’s not as credible as it could be. For example, in 2016, Stephen Poloz’s Bank of Canada and Bill Morneau’s Finance Department, after very little public discussion, decided to re-up the existing approach and lock in the two-per-cent inflation target for another five years. It was akin to a budget speech at midnight.
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October 19, 2020 10:23 AM
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Brookfield buys 19.9-per-cent stake in American Equity Investment Life

Brookfield buys 19.9-per-cent stake in American Equity Investment Life | Corporate governance - Vigil | Scoop.it
Brookfield Asset Management Inc. is making one of its largest investments in insurance by buying a 19.9-per-cent stake in American Equity Investment Life Holding Co. for at least US$750-million, after the Iowa-based provider of retirement annuities rejected a takeover bid from a pair of insurers.
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October 19, 2020 10:22 AM
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Estate of Tim Hortons founder Ron Joyce backs Sandpiper in proxy fight

Estate of Tim Hortons founder Ron Joyce backs Sandpiper in proxy fight | Corporate governance - Vigil | Scoop.it
The activist investor seeking to oust most of the board at Artis Real Estate Investment Trust says it has secured the support of the commercial landlord’s biggest shareholder.
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October 19, 2020 9:59 AM
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Make climate risk reports mandatory for 480 FTSE firms, say investors | Environment | The Guardian

Make climate risk reports mandatory for 480 FTSE firms, say investors | Environment | The Guardian | Corporate governance - Vigil | Scoop.it

An influential group of investors is urging UK regulators to make climate risk reporting mandatory for nearly 500 FTSE-listed firms.

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October 19, 2020 9:57 AM
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Why tech IPOs are flourishing in the U.S. and China — but not Europe

Why tech IPOs are flourishing in the U.S. and China — but not Europe | Corporate governance - Vigil | Scoop.it
It’s looking like a good year for stock market debuts in the U.S. and China, which are seeing big tech names like Palantir and Ant Group list their shares. So why is Europe falling behind?
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