Sportswear brand On (49G.BN), opens new tab named Frank Sluis as its new chief financial officer on Wednesday, replacing Martin Hoffmann. Hoffmann had stepped into the role of On's CEO last year, while retaining his responsibilities as CFO. He will oversee the finances till Sluis takes over on May 1, the Switzerland-based company said in a statement. "Frank brings a passion for our brand and a leadership style that will empower our talented team to reach new heights," Hoffmann said in the statement. Sluis previously worked at food retail group Ahold Delhaize as the CFO for Europe and Indonesia. Analysts at Telsey Advisory Group said Sluis was the right fit owing to his experience in leading a large-scale global finance organization as well as procurement and sourcing.

A former Citigroup executives sexually harassed her and that its human resources department was “weaponized” against her in the aftermath. The suit was filed in Manhattan federal court by Julia Carreon, who worked in Citi’s wealth-management division until 2024. It alleges Andy Sieg, Citi’s head of wealth, publicly displayed sexually charged conduct toward her and failed to refute rumors that they were having an inappropriate relationship. Carreon in the lawsuit accuses Citi of fostering a decadeslong culture of sexual harassment that reduced her to being perceived as a sex object. Citi Chief Executive Jane Fraser is one of the finance world’s few female CEOs.

Monte dei Paschi di Siena said on Wednesday it had approved rules allowing all of its directors to take part in the process of drawing up a list of candidates for a renewal of the bank's board. This removes a potential obstacle to the reappointment of Chief Executive Luigi Lovaglio, whose mandate expires in April. He still needs to secure backing from the board and at present lacks the support of a major shareholder. Lovaglio had been at risk of being excluded from the process to select new board nominees because of a judicial probe into the MPS's takeover of larger rival Mediobanca, two people with knowledge of the matter told Reuters, amid divisions within the board over Mediobanca's future.

U.S. President Donald Trump is weighing options against Iran that include targeted strikes on security forces and leaders to inspire protesters, multiple sources said, even as Israeli and Arab officials said air power alone would not topple the clerical rulers.
Two U.S. sources familiar with the discussions said Trump wanted to create conditions for "regime change" after a crackdown crushed a nationwide protest movement earlier this month, killing thousands of people. To do so, he was looking at options to hit commanders and institutions Washington holds responsible for the violence, to give protesters the confidence that they could overrun government and security buildings, they said. 

A number of Middle Eastern governments are trying to push the U.S. and Iran into talks to head off a possible conflict, efforts that so far are failing to gain traction as both sides dig in. The diplomatic efforts have new urgency now that the U.S. has moved more firepower into the region and President Trump is making new threats to attack Iran if a deal isn’t reached. But Iran has stuck by its longstanding red lines for negotiations while the U.S. has toughened the terms it wants to see in a deal. Egyptian Foreign Minister Badr Abdelatty held separate calls Wednesday with his Iranian counterpart and Trump special envoy Steve Witkoff but made no progress. Iran strongly objected to the U.S. terms and warned targets across the region would be fair game in the event of a U.S. strike, people familiar with the conversations said.

Ottawa a signé cette semaine un protocole d’accord avec la Corée du Sud pour attirer les investissements et les activités de fabrication du secteur automobile sud-coréen au Canada, selon le Globe and Mail. La ministre de l’Industrie du Canada, Mélanie Joly, et son homologue Kim Jung-kwan, ministre du Commerce, de l’Industrie et des Ressources, ont signé le protocole à Ottawa. La cérémonie a eu lieu en présence d’une délégation sud-coréenne venue discuter du contrat de plusieurs milliards de dollars que brigue la Corée du Sud pour construire jusqu’à 12 sous-marins pour la Marine royale canadienne. Des représentants de Hyundai et de Hanwha Ocean, un candidat pour la construction des prochains sous-marins canadiens, faisaient partie de la délégation.

Renewable energy deals in Alberta have almost completely collapsed since the province overhauled rules that govern the sector, plummeting 99 per cent from 2023 to 2025. While renewables activity in Alberta virtually disappeared in 2025, Nova Scotia emerged as Canada’s most active market for corporate clean energy deals, according to a new report from Business Renewables Centre-Canada. It’s the first time a province outside Alberta has led in corporate energy deals. Nova Scotia Power launched its Green Choice Program two years ago. It allows large-scale electricity customers to access renewable power from local developments.

L’ex-syndicaliste Régine Laurent, qui a appuyé mardi Bernard Drainville dans la course à la direction de la Coalition avenir Québec (CAQ), contrevenant ainsi au code d’éthique des administrateurs de sociétés d’État, démissionne de son poste au sein du conseil d’administration de Santé Québec. Mardi, Mme Laurent a appuyé publiquement le député de Lévis afin qu’il devienne le prochain chef caquiste au terme de la course, le 12 avril prochain. En prenant position, elle a dit qu’elle n’était aucunement en conflit d’intérêts. Sur quoi se basait-elle pour le dire ? « J’ai vérifié ça moi-même, je suis capable », a-t-elle répondu. Santé Québec l’a rappelée à l’ordre et l’ancienne syndicaliste a finalement remis sa démission.

Chevron said on Tuesday it has appointed former American Airlines Chairman and CEO Thomas W. Horton to the energy major's board as an independent director. Horton, 64, has also been appointed to the board's audit committee, the company said. He is currently a partner at Global Infrastructure Partners, a global infrastructure-investment firm, and is also on the boards of some major companies such as Walmart and GE Aerospace, the energy major added. Chevron CEO Mike Wirth said in December he is in discussions with the board of directors about when he will step down from the U.S. oil producer.

Some LVMH shareholders are seeking clarity on how and to whom Bernard Arnault plans to hand over leadership of the luxury giant he has been steering for almost 40 years, saying the lack of transparency is increasingly becoming a risk for the group. Arnault, who oversees the $350 billion group spanning over 70 brands including Dior and Tiffany, has five children involved in the running of his luxury empire but has shown no sign of wanting to retire. At 76, he has yet to pick a successor. Questions have long swirled in corporate Europe about who will succeed Arnault, France's richest man who last April extended the age limit for his combined CEO and chair role for a second time, to 85.

Wells Fargo's wealth and investment management unit ​launched an internal proxy voting service on Wednesday, cutting its reliance ‌on big proxy advisory firms that are facing criticism for putting social agendas over shareholder value. The U.S. banking giant also severed its ties with proxy adviser ISS, a source familiar with the matter told Reuters. ISS did not ‌immediately respond to a request for comment. Conservatives and large fund ​managers have argued that too often proxy advisers urge shareholders to vote against boards or directors and place excessive weight on climate and social ‍priorities. These firms analyze shareholder proposals and corporate governance matters, issuing voting recommendations to institutional investors ahead of annual meetings.

Chevron has appointed former American Airlines Chairman and CEO Thomas W. Horton to the energy major's board as an independent director. Horton, 64, has also been appointed to the board's audit committee, the company said. He is currently a partner at Global Infrastructure Partners, a global infrastructure-investment firm, and is also on the boards of some major companies such as Walmart and GE Aerospace, the energy major added. Chevron CEO Mike Wirth said in December he is in discussions with the board of directors about when he will step down from the U.S. oil producer.

Toyota's plan to take an affiliate private looked unremarkable at first. Instead, the bid for Toyota Industries, or TICO, ignited a battle between activist investors demanding top dollar and a Japanese corporate culture that prizes stakeholder harmony over shareholder returns. This month, Toyota sweetened its bid by 15% to around $27.8 billion but failed to quell the uprising. Elliott Investment Management said the revised ​18,800 yen-a-share offer undervalued by almost 40% -- and potentially much more as a standalone entity. The U.S.-based activist fund, which holds 6.7% of TICO, has attacked the bid as opaque and said it falls short of basic governance standards. ‌Since Toyota announced its initial 16,300 yen-a-share offer in June, Elliott has led the charge for a higher price.

Activist investor Fivespan Partners said that it owns 6.2% of Appian, a cloud computing and enterprise software company, and plans to discuss business strategy with its management and board as its stock price has slid. The San Francisco-headquartered investment firm reported the stake in a so-called 13-D filing which is ‌required when an investor crosses the 5% ownership threshold and intends to ​push for changes. McLean, Virginia-headquartered Appian's stock price has tumbled 86% over the last five years to roughly $2 billion, partly due to investor worries that artificial intelligence could ‍eat into its business.  While 13-D filings were ⁠once filed routinely by blue-chip activists like Bill Ackman's Pershing Square Capital Management and ‍Carl Icahn, they have not been as common in recent years as investors realised they can ‌push ‌for changes with smaller ownership stakes.

La rémunération de Mary Simon, gouverneure générale du Canada, atteint désormais les 393 800$. Cela correspond à une hausse de 4,18% ou de 15 800$, comparativement à sa rémunération de l’année dernière. « Pendant que les familles peinent à absorber le coût de la vie, cette hausse salariale équivaut presque à une année complète d’épicerie pour une famille», a réagi par communiqué jeudi matin le directeur de la Fédération canadienne des contribuables (FCC) pour le Québec, Nicolas Gagnon. La FCC soutient avoir reçu confirmation de hausse de rémunération du Bureau du Conseil privé, à Ottawa. Conformément aux dispositions de la Loi sur le gouverneur général, le titulaire de cette fonction a droit à une augmentation salariale automatique chaque année.

Pierre Poilievre is about to ask for something no Conservative leader has been granted by the party for more than 20 years: a second chance. On Friday night, thousands of party members will vote on whether he should stay on as leader after losing the April election. The party’s constitution mandates a leadership review when it fails to win a federal vote. Mr. Poilievre is expected to win far more than the simple majority of votes that the constitution also requires for him to remain. But what party loyalists are watching for is how he makes the case that he deserves to stay. And both they and his political rivals are wondering what this convention will say about where Mr. Poilievre takes the party next.

Le Royaume-Uni, comme le Canada, entend tourner la page des années de froid diplomatique avec la Chine pour resserrer ses liens économiques : face à l’offensive douanière de Washington, les Occidentaux se pressent à Pékin pour un rapprochement délicat sur fond d’échanges déséquilibrés et de risques sécuritaires. « C’est dans notre intérêt national de dialoguer avec la Chine […], la deuxième économie mondiale, notre troisième partenaire commercial », affirmait mercredi le premier ministre britannique Keir Starmer au début de sa visite en Chine. Face à une conjoncture économique morose, il prône un partenariat « pragmatique » après des années de tensions, et a évoqué jeudi « des progrès » concernant notamment les droits chinois sur le whisky.

Ce ne sont pas tant les droits de douane américains qui font mal à l’économie du Canada, mais le fait que sa relation avec les États-Unis soit brisée, croit le gouverneur de la Banque du Canada. « Vous savez, la plupart des pays exportent ou importent avec les États-Unis, a-t-il expliqué après avoir annoncé le maintien du taux directeur à 2,25 %. Mais le Canada et les États-Unis, nous, nous construisons des choses ensemble. » C’est cette relation qui a pris fin, selon lui. La banque centrale estime que le taux moyen des droits de douane américains sur les importations canadiennes est de 5,8 %, ce qui est plus bas que pour la plupart des autres pays touchés par le changement de la politique commerciale des États-Unis.

Sportswear brand named Frank Sluis as its new chief financial officer on Wednesday, replacing Martin Hoffmann. Hoffmann had stepped into the role of On's CEO last year, while retaining his responsibilities as CFO. He will oversee the finances till Sluis takes over on May 1, the Switzerland-based company said in a statement. "Frank brings a passion for our brand and a leadership style that will empower our talented team to reach new heights," Hoffmann said in the statement. Sluis previously worked at food retail group Ahold Delhaize as the CFO for Europe and Indonesia.
Analysts at Telsey Advisory Group said Sluis was the right fit owing to his experience in leading a large-scale global finance organization as well as procurement and sourcing.

Not that long ago, if a sustainability executive was asked about their career ambitions, most of them would have had the same stock response - “to do myself out of a job”. The point was that sustainability should be a concern for everyone in a company, not just the environment division. Now - in a lesson about being careful what you wish for - large companies are increasingly slimming down their sustainability departments, with major implications for seasoned professionals in the field, particularly women. Nike, HSBC and Unilever are just some of the big brands to have recently dispensed with a standalone chief sustainability post, mirroring a growing preference to merge the role with functions such as legal, finance or public affairs.

With its first activist campaign in three years, hedge fund Third Point said on ​Tuesday it will try to force CoStar Group, the owner of Apartments.com and Homes.com, to change board directors and restructure operations. Founded by billionaire investor Daniel ‌Loeb, Third Point is preparing to nominate several directors to CoStar's eight-person board, the hedge fund said in a letter to the board that was made public on Tuesday, confirming earlier reporting by Reuters. CoStar's stock price rose more than 6% in early trading as investors digested Third Point's plans. Loeb has said the majority of CoStar's directors need to be replaced to help cut costs - including the CEO's compensation - and focus on boosting the share price, according to the letter.