Corporate governance - Vigil

The key challenge is that even for directors with a strong grounding in the science and macroeconomics of climate change, there is no ready how-to guide for how to weave together climate change with Enterprise Risk Management, Audit, Remuneration, capital expenditure modelling, and many other aspects of routine board activity.  In fact, just about every board function has a relevant climate dimension, but the mechanisms of this are poorly understood.

Our index reckons China’s economy is bigger than the World Bank thinks

The Ontario Securities Commission “has received shareholder complaints in relation to the Torstar bid,” OSC Public Affairs Manager Kristen Rose said in an email. She declined to give details. “This is to ensure the complaint process is not used to affect the market and to promote fairness towards those who are the subject of a complaint or review.”

Core rental business boss to leave as site sees bookings rebound after coronavirus disruption

The French financial regulator has urged the country’s biggest insurers to split the roles of chairman and chief executive in a move that takes aim at two of the sector’s best known executives — Scor’s Denis Kessler and Covéa’s Thierry Derez.

Michael Colglazier will become CEO of the Mojave, California-based space travel company and join the Virgin Galactic board of directors as of July 20, it announced Wednesday.

Canada is now the only member of the Five Eyes intelligence-pooling alliance that has not barred or restricted use of equipment from Huawei Technologies Co. Ltd. in its 5G networks after Britain changed course on Tuesday and banned the Chinese telecommunications giant’s gear.

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of 0.25 per cent. The Bank Rate is correspondingly 0.5 per cent and the deposit rate is 0.25 per cent.

A reopening strategy should boost ability to test, trace and isolate carriers and manage social-distancing while allowing the economy to breathe

Apple Inc. won a major battle with the European Union when the bloc’s second-highest court on Wednesday sided with the U.S. company over a €13 billion ($14.8 billion) tax bill that EU antitrust officials had said the company owed to Ireland.

BlackRock has punished more than 50 companies from US oil major ExxonMobil to Swedish carmaker Volvo over their lack of progress on tackling global warming, six months after it warned of huge investment risks from climate change.

Indoor restaurants and bars, gyms and playgrounds will be allowed to reopen in most of Ontario on Friday, but not in the Toronto area and parts of the province’s southwest.

The Business Development Bank of Canada has committed $160-million to help improve Canada’s spotty track record for commercializing intellectual property (IP) by funding young companies trying to capitalize on their ideas.

The European Central Bank kept policy unchanged as expected on Thursday, taking a pause after a string of extraordinary moves that pushed out the boundaries of monetary policy and helped the eurozone stay afloat during a pandemic-induced recession.

No change in rates or scale of bond-buying as economic outlook tentatively brightens

China reported a robust rebound in the second quarter of the year, avoiding a recession and putting the world’s second-largest economy back on a growth trajectory even as other countries struggle with the impact of the coronavirus pandemic.

The battle for Cirque du Soleil may ultimately come down to a duel between Quebecor chief Pierre Karl Péladeau and Cirque chairman Mitch Garber.

Shareholders should be disappointed. The mission of the executives should have been to snuff out the spark of disquiet on Parliament Hill over the way certain segments of the Canadian business establishment like to practice capitalism. Instead, they probably made matters worse for themselves.

The biggest US banks are setting aside billions of dollars to deal with toxic loans as support from the government falls off in the months ahead, a sign that some of the worst economic damage from the pandemic is still to come.

It did not take long for Leo Perry to conclude that something deeply suspicious was going on at Wirecard. “What was really weird was how well documented it was,” said Mr Perry, who co-runs Ennismore Fund Management.

2020 has been a year that has forced the entire world to undergo changes in how we live and interact with one another. Some of those changes are logistical in nature due to the COVID-19 pandemic – working from home is the most immediate example for white-collar workers and others who rely mostly on laptops and other mobile devices to do their job. Others have been societal changes, the prime example that comes to mind is the #BlackLivesMatter movement that has been dramatically and powerfully thrust into the national dialogue by the death of George Floyd at the hands of abusive police.