Corporate governance - Vigil

Canadian companies with operations in Russia include some of the country’s corporate pillars, including auto parts maker Magna International Inc. and convenience store giant Alimentation Couche-Tard Inc. Several smaller companies also sell into the country, including Ski-Doo maker BRP Inc. and label manufacturer CCL Industries Inc.

Domino’s Pizza Chief Executive Ritch Allison is planning to retire and will step down from his role at the end of April, the company said Tuesday.

oshiba Corp.’s chief executive stepped down Tuesday, but the company said it would stick with its plan to split into two parts, which some foreign shareholders oppose.

Toyota's Motor Corp.’s Japan factories were set to reopen Wednesday morning after a one-day shutdown that reflected the company’s culture of caution.

Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. filed for an initial public offering in the city, joining a growing cohort of companies that are rerouting their fundraising plans to the Asian financial hub from New York.

Budding Sino-Russian entente aside, a full-out attempt to dilute Western sanctions in Russia’s favor is unlikely because of the risk to China’s own technology and financial champions. Beijing will intensify efforts to insulate itself from the possibility of similarly united sanctions down the road, but it will continue to be hindered by the desire to maintain a high degree of control over the yuan.

The Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc. Chief Executive Elon Musk and his brother, Kimbal Musk, violated insider-trading rules, according to people familiar with the matter.

Throughout 2021, the importance of environmental, social and governance (ESG) matters proved to be even greater than many had expected, with ESG becoming a key area of focus for a range of stakeholders, particularly in the boardroom.

Energy giant , global bank HSBC and the world’s biggest aircraft leasing firm AerCap joined a growing list of companies looking to exit Russia on Monday, as Western sanctions tightened the screws on Moscow over its invasion of Ukraine.

U.S. businesses operating in Russia and Ukraine are putting in place contingency plans as they are reviewing the economic impact of Moscow’s attack on its neighbor, which triggered new sanctions from the U.S., U.K. and European Union.

At stake is the 13% of global corn exports and the 12% of wheat that flow from Ukraine. In threatening those flows Moscow risks disrupting supplies to China while setting off a scramble among customers in fragile Middle Eastern economies at a time when food inflation is already high. 

Cyber risk management is no longer just about preventing breaches. A good program can also help companies get back on their feet and mitigate financial and reputational damage when a breach occurs. How do you know whether your company is doing all it should?

The affected funds, which account for about $2.9-billion of Toronto-based Ninepoint’s $8-billion in total assets under management, are part of its higher-risk alternative investment options. Such funds have exploded in popularity among retail investors eager for greater returns in an era of ultralow interest rates.

Chevron is making one of its largest investments in renewable fuels, paying $3.15 billion to buy a company that makes diesel and other fuels from sources such as corn or cooking oil as the fossil-fuel giant faces investor pressure to invest in green energy.

Target reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which the retailer grew its business by nearly $30 billion in revenue.

The 60-year old, appointed CEO in 2015 to turnaround a business beleaguered by years of scandals and a string of profit warnings, said that “this is the right moment to look to the future”.

Citigroup Inc. disclosed Monday it had nearly $10 billion in total exposures to Russia at the end of 2021, some of which sit in a consumer bank it has been trying to sell and may now be stuck with.

In a speech to the Securities Regulation Institute conference last week, Chair Gary Gensler signaled the SEC may implement more stringent cybersecurity regulations, and in the meantime, would work to enforce existing requirements.

Blackstone Inc. Chief Executive Officer Stephen Schwarzman took home a record $1.1 billion in 2021, underscoring the private-equity giant’s growing dominance on Wall Street.

Two Activision Blizzard shareholders on Thursday filed lawsuits against the game publisher in the wake of Microsoft's planned acquisition, as previously reported by Polygon. It follows Microsoft announcing a $68.7 billion agreement to buy the company in January.

BCE Inc., Rogers Communications Inc., Telus Corp. and Shaw Communications Inc. are pulling a Russian state-funded television channel from their channel lineups after the minister who oversees Canada’s broadcasting system said Ottawa is exploring “all options” to get RT off the air.

Russia’s central bank more than doubled interest rates to 20 per cent to try to protect the collapsing ruble and steady the shaky financial markets as the West’s increasingly tough sanctions began to draw economic blood.

Dozens of startups that went public in a pandemic-fueled stock market frenzy are missing the projections they used to win over investors, many by substantial margins and just a few months after making those forecasts.

The Federal Reserve’s preferred measure of inflation hit a new 38-year high in January, as strong consumer demand and pandemic-related supply constraints propelled price gains.