Corporate governance - Vigil

Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric-truck startup with immediate effect in the wake of allegations from a short seller that he and the company had made false statements to investors.

As covid-19 struck the global economy earlier this year, demand for oil dropped by more than a fifth and prices collapsed. Since then there has been a jittery recovery, but a return to the old world is unlikely.

Bundesverband Alternative Investments eV (BAI), the central lobby of the alternative investments industry in Germany, criticizes the proposals for sustainability-related disclosure requirements in the financial services sector jointly submitted for consultation by the European supervisory authorities ESMA, EBA, and EIOPA.

In coming weeks, you’ll likely see headlines heralding the US$8-billion-plus sale of the sixth largest U.S. cable company, known as Astound.

Spoiler alert: Cogeco Inc. and subsidiary Cogeco Communications Inc. are not going to win this prize, because sources say they turned down an invitation to bid on Astound businesses that include a northeastern U.S. cable network that would dovetail neatly with the Montreal-based companies' expansion-hungry U.S. subsidiary, Atlantic Broadband.

Montreal payments-processing company Nuvei Corp. soared in its debut as a public company Thursday after raising US$700-million in the largest technology initial public offering ever on the Toronto Stock Exchange.

As the public, governments and investors wake up to climate change, the clean-energy industry is gaining momentum. Capital markets have shifted: clean-power stocks are up by 45% this year. With interest rates near zero, politicians are backing green-infrastructure plans.

The percentage of women on corporate boards of directors is climbing, with women gaining seats at a faster rate than men, and women of color advancing faster than any other group or gender.

Europe’s deployment of 5G cellular-communications networks is alarmingly slow, says a lobbying group of the Continent’s biggest companies, warning that Europe is far behind other regions despite being home to two of the world’s top telecommunications companies.

The tests will provide more information on the resiliency of large banks when it comes to lending during the downturn

The boards of Spain’s CaixaBank and state-owned Bankia have approved a merger plan between the two lenders, which will create the biggest bank in the country.

‘China is not a developing country, not at all. It’s an established, top-notch manufacturing country’

Circle K owner Alimentation Couche-Tard Inc. is taking its electric car strategy to North America after learning from consumer habits in northern Europe.

Carolyn Wilkins, who nearly ended the long reign of men heading up the Bank of Canada, will resign when her term as senior deputy governor ends next year.

Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.

Unity sold 25m shares at $52 a piece, according to two people briefed on the sale, raising $1.3bn. At that price it would have a market capitalisation of $13.7bn based on the number of shares outstanding. The shares start trading on the New York Stock Exchange on Friday.

Finance minister rejected request from luxury company for the government to intervene in Tiffany deal; LVMH denies the outreach

Software company aims to benefit from companies increasingly storing information in multiple clouds

Backers of a proposed new group to take over Chinese-owned video-sharing app TikTok are working to create an ownership structure that would give U.S. interests a majority stake, in an effort to ease the Trump administration’s security concerns.

British Columbians who use illicit drugs on even an intermittent basis could soon be eligible for pharmaceutical alternatives as the province significantly expands access to a “safer supply” to combat record overdose deaths caused by toxic street drugs.

As the race to control TikTok enters the final stretch, a White House-friendly tech giant seems to have carried the day