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Avant de se joindre à la Fondation, Mme Archambault a occupé le poste de vice‑présidente, développement stratégique et cheffe des opérations au Conseil du patronat du Québec. Gestionnaire chevronnée et communicatrice reconnue, son parcours professionnel l’a également menée à occuper plusieurs postes de direction générale, notamment à la Jeune Chambre de commerce de Montréal, où elle s’est distinguée par sa capacité à rallier les équipes autour d’une vision claire et porteuse. Par son expertise, elle saura mener de main de maitre les différents projets en cours, notamment la grande campagne lancée à l’automne 2025.
SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket maker goes public later this year. Excerpts of SpaceX's IPO registration statement reviewed by Reuters show the company is combining supervoting shares, mandatory arbitration, stricter rules on shareholder proposals and Texas corporate law to give Musk and other insiders broad control. At the same time, it sharply limits investors' ability to challenge management, sue in court and force votes on governance issues. And the only person who can fire Musk is Musk, who will retain majority control through supervoting shares.
Bayer said it agreed to buy Perfuse Therapeutics for up to $2.45 billion, snapping up an eye-drug specialist that is developing a potential glaucoma treatment in the company’s biggest deal in years. The German pharmaceutical-and-agricultural group said Wednesday that the acquisition of San Francisco-based Perfuse would complement its drug pipeline and leverage its ophthalmology footprint. Eye drug Eylea was the top-selling product at Bayer’s pharma business last year, but the medicine is now facing pricing pressures after it went off patent. Perfuse’s lead drug candidate is an experimental treatment for glaucoma and diabetic retinopathy currently being tested in mid-stage clinical trials, Bayer said. It has the potential to become one of the first disease-modifying treatments for both conditions, the company added.
European home improvement retailer Kingfisher said on Wednesday Chief Executive Thierry Garnier will step down after nearly seven years in the role, with a 12-month notice period. Garnier has resigned to take up a leadership role at Netherlands-headquartered supermarket group Ahold Delhaize, which earlier in the day named him as its next chief. He shall succeed Frans Muller in April 2027. Kingfisher, which reported in March a 6% rise in adjusted pretax profit to 560 million pounds ($760.93 million) for the year ended January 31, said it would announce Garnier's exact departure date in due course. The company is yet to appoint a new chief, and said the review will cover both internal and external candidates.
The board chairman of Samsung Electronics has urged unionised workers to resolve pay disputes with management, warning that a planned strike could hurt investors and employees and have "serious consequences" for the Korean economy. In an internal memo to employees on Tuesday, Shin Je-yoon said he was "worried about losing market leadership amid fleeing customers and falling competitiveness" if strikes disrupted deliveries and production, according to a Samsung statement. Such disruption at the chipmaker, South Korea's largest company by revenue, could trigger capital outflows, a drop in national tax revenue, and a weakening of the won currency, he said.
Norway's $2.2 trillion sovereign wealth fund, the world's largest, is pulling back from active engagement on climate change at the companies it is invested in despite its stated ambitions to address it, a report by an environmental NGO said on Tuesday. Since 2022 the fund's aim is for all the companies it is invested in to reach net zero greenhouse gas emissions by 2050, in line with the Paris Agreement. Currently that is about 7,200 companies worldwide. To do that, Norges Bank Investment Management (NBIM), the fund's operator, sets expectations for company boards specifically on climate change, votes at annual general meetings on the issue and can divest if companies fail to respond.
Swedish buyout group EQT said Tuesday that it submitted an improved takeover proposal for Intertek, valuing the provider of testing, inspection and certification services at 8.93 billion pounds ($12.08 billion). In the new offer, the private-equity company values Intertek at 58 pounds a share in cash, or a 54% premium to its closing price on April 9, the day before the initial proposal was submitted. The proposal values the company as a whole at 8.93 billion pounds, based on share-count data provided by LSEG. Shares in Intertek rose on the news, trading 7.4% higher at 51.58 pounds in European morning trading.
Desiree Fixler was the kind of Wall Street insider who regulators hoped to recruit by paying whistleblowers to tell them about wrongdoing. She had been an executive at Deutsche Bank involved with products branded as ESG, a term that appealed to investors worried about environmental, social and corporate-governance risks. She went public with claims the bank didn’t adhere to its goal of fusing ESG into all investment decisions and became a witness for the Securities and Exchange Commission, which fined the bank’s asset-management arm $19 million in 2023. Whistleblowers can receive millions of dollars for their work on an SEC case, netting between 10% and 30% of the fines collected. But Fixler learned last month that her reward was zero. The regulator denied her application, saying investigators first learned about her claims from the news media, instead of her going to the SEC first.
U.S. Defense Secretary Pete Hegseth said on Tuesday that the ceasefire with Iran was not over, even as the U.S. and Iran exchanged fire in the Gulf as they wrestled for control of the Strait of Hormuz. Hegseth said the U.S. had successfully secured a path through the critical waterway and that hundreds of commercial ships were lining up to pass through, as Washington seeks to break a chokehold Iran has asserted on the Strait of Hormuz since the conflict began on February 28. "We know the Iranians are embarrassed by this fact. They said they control the strait. They do not," Hegseth told a Pentagon news conference.
Canada’s first regulated stablecoin has officially launched and is ready to compete in a market dominated by U.S. players, says the head of the company behind the digital asset. Tetra Digital Group announced the official launch of CADD on Monday. The company’s CEO, Didier Lavallée, says while growth has been phenomenal for stablecoins around the world, it has primarily benefited the U.S. market. “We know, and obviously can observe that the Canadian dollar is widely used for global commerce,” says Lavallée. “As more and more of that activity is moving into the digital sphere, we need a competitive offering as Canadians, and this coin will allow you to essentially do that.” While other Canadian stablecoins exist, CADD is the first one issued by a licensed trust company under a traditional financial services framework approved by the Alberta Treasury Board and Finance.
Regis Resources and Vault Minerals have agreed to combine, creating Australia’s third-largest listed gold company, valued at an estimated US$7.67 billion. Under the terms of the deal, which has been unanimously endorsed by the directors of both companies, Regis will acquire Vault, the Perth-based miners said in a joint statement Tuesday. Shareholders in Vault will get 0.6947 shares in Regis for each Vault share they own. The agreement comes amid strong gold prices, after the precious metal surged to a record high earlier this year, fueled by a weaker U.S. dollar and geopolitical tensions.
A clash between Lululemon Athletica Inc. and its estranged founder will come to a head at the retailer’s annual general meeting. Regulatory filings the Vancouver-based retailer made this week put forward a slate of new board nominees, while Chip Wilson, the man who built the athleisure brand, is pitching his own trio. Lululemon told shareholders to vote “only” for its nominees — former Levi’s CEO Chip Bergh, ex-Unilever executive Esi Eggleston Bracey and one-time Gap chief financial officer Teri List — and to ignore Wilson’s group.
Canadian aerospace parts supplier Groupe Meloche is buying France’s Groupe Rossi Aéro, pushing into Europe at a decisive moment for aircraft manufacturing as the industry tries to meet high demand against a backdrop of external pressures. The Beauharnois, Que.-based company, which supplies aircraft structure components and engine parts for Bombardier Inc. and Pratt & Whitney among others, is taking over the business from Mecachrome SAS for an undisclosed sum. It will reach critical scale with the deal, according to a statement released Monday. Adding Groupe Rossi will create a combined company with $250-million in annual revenue, more than 900 employees, and an industrial footprint spanning eight sites in Quebec and the region around Toulouse in southern France.
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The Jesuits in Britain, a Catholic religious order, may sell its stake in Rio Tinto following unsuccessful engagement with the mining giant over environmental concerns in Madagascar and Guinea, its head of ethical investments said on Wednesday. "We've engaged with Rio the last three, possibly four years coming to AGMs," said Stephen Power SJ, who oversees ethical investments for the order, at Rio Tinto's annual general meeting. Power added that Rio Tinto's handling of water contamination issues at its Madagascar operations were particularly troubling, with key water reports arriving late, lacking the required detail, or not materialising at all.
A government-funded non-profit responsible for a failed $300-million digital prescription program paid its chief executive officer nearly $900,000 a year so that his compensation would be on par with that of leaders of downtown Toronto hospitals, the non-profit’s board chair told MPs. Michael Green, who was dismissed as CEO of Canada Health Infoway last week, was also allowed to hire a former colleague as chief financial officer in an interim role through a non-competitive process, the House of Commons health committee heard Tuesday. The CFO has held that interim post for more than two years. Peter Vaughan, chair of the board of Canada Health Infoway, defended PrescribeIT to the committee as a “technological success,” despite plans to shut it down at the end of the month. He said less than 5 per cent of prescriptions flowed through the service only because provinces did not either force doctors to use it or financially incentivize them to do so.
Victoria’s Secret accused one of its largest shareholders of pursuing a proxy fight after being denied a board seat, calling the effort a distracting campaign. The lingerie retailer said Tuesday that Australian billionaire Brett Blundy and his private-investment firm, BBRC International, are seeking to withhold votes against two directors at the company’s coming annual meeting. The move comes after Victoria’s Secret’s board twice rejected Blundy’s candidacy, concluding that his appointment would introduce “serious reputational, legal, conflict of interest and governance risks.”
PayPal's new CEO Enrique Lores outlined a plan to streamline its organizational structure and reduce costs after the digital payments firm's first-quarter results left investors underwhelmed. The company's shares pared premarket gains to lose more than 11% in early trading on Tuesday despite profit and revenue coming in above Wall Street expectations. PayPal has been navigating intense competition in the payments space after the entry of Big Tech firms and newer entrants such as Klarna and Stripe.
Germany will provide up to 5 billion euros ($5.85 billion) this year to help major factories reduce carbon emissions by switching to cleaner technology, the economy ministry said on Tuesday. The funding, comprising 15-year "carbon contracts for difference" (CCfDs), will cover the extra costs of low-emission production for industries like steel, cement, and chemicals. The goal is to help these factories stay in Germany and meet climate goals, instead of moving production to countries with weaker environmental rules. After a first bidding round in 2024, the government has softened some conditions. Companies now have four years to cut emissions by 50%, instead of the previous requirement of three years to cut emissions by 60%. By the program's final year, emissions must be reduced by 85%, slightly less than the earlier target of 90%.
The world’s largest asset manager has found a new leader for its Canadian division. Bay Street veteran and competitive athlete Katherine Tweedie has been named head of Canada at BlackRock Inc., according to a source familiar with the appointment. The Globe and Mail is not naming the source as they are not authorized to publicly disclose internal deliberations. She is starting her new role this summer, according to an internal memo viewed by The Globe. BlackRock Canada declined to comment. The global company’s assets under management recently surpassed US$14-trillion. As of October, 2025, BlackRock managed more than $480-billion on behalf of its Canadian clients, including more than 200 pension plans.
France has called an online meeting of G7 countries for Thursday to discuss how to break China's stranglehold on critical materials, Finance Minister Roland Lescure said, announcing plans to rebuild the industry in France. The online meeting with relevant ministers is intended to prepare for a mid-June summit of the G7 leaders in the French spa town of Evian, Lescure told reporters. He was speaking in Lacq, a town in southwestern France that is being primed to be the centre of the country's rare-earth processing activities. Lescure said China had captured a huge share of the market through heavy investment and pricing policies that drove potential competitors out.
L’organisme fédéral précise mardi que ce résultat contraste avec le déficit de 5,1 milliards enregistré en février. Cet excédent s’explique par une hausse de 8,5 % des exportations totales, qui ont atteint 72,8 milliards en mars, leur plus haut niveau depuis janvier 2025, grâce à l’augmentation des exportations d’or et à la hausse des prix du pétrole brut. Les exportations de produits en métal et de produits minéraux non métalliques ont augmenté de 24,0 % et affichent un niveau record de 15,3 milliards en mars, tandis que les exportations de produits énergétiques ont progressé de 15,6 % pour s’établir à 17,1 milliards.
Azam Ishmael, who has served as the Liberal Party’s national director for more than nine years, is stepping down. Mr. Ishmael announced his decision in a letter to party staff on Monday but did not give a specific reason behind his departure. He has served as the party’s director since 2017. “For nearly a decade, it has been the honour of my professional life to serve you and the Liberal Party,” he said in the letter. “It has been a privilege to work so closely with all of you, to share in our successes, and to have a front-row seat to Canadian history.”
Reconnue pour son expertise juridique ici comme à l’étranger, Mme Arbour succédera ainsi à Mary Simon au poste de représentant du Roi Charles III au Canada. Âgée de 79 ans, Mme Arbour a une impressionnante feuille de route. En plus d’avoir été juge de la Cour suprême du Canada, elle a agi comme haute-commissaire des Nations Unies aux droits de la personne et a été procureure en chef du Tribunal pénal international pour l’ex-Yougoslavie et le Rwanda. Elle a aussi servi comme juge de la Cour d’appel de l’Ontario. Née à Montréal, Mme Arbour est récipiendaire de nombreuses distinctions, y compris de l’Ordre du Canada. À l’étranger, Mme Arbour a marqué l’histoire lorsqu’elle a porté des accusations contre un chef d’État en poste, le président yougoslave, Slobodan Milosevic. Elle a aussi fait en sorte que les agressions sexuelles soient inscrites au nombre des crimes contre l’humanité.
American Express Global Business Travel is being taken private in an all-cash acquisition by Long Lake Management for $9.50 a share, valuing the company at about $6.3 billion. The purchase price represents a roughly 60% premium to Amex GBT’s closing stock price on May 1, as well as an approximately 65% premium to its 30-day volume-weighted average price, Long Lake said Monday. Shares of Global Business Travel Group jumped 58%, to $9.34, in premarket trading. Stockholders including American Express, Expedia Group, Qatar Investment Authority and BlackRock—collectively representing about 69% of outstanding shares—have entered voting agreements to support the transaction, Long Lake said.
Loblaw Cos. Ltd. L-T has signed a partnership deal with Canadian artificial intelligence company Shakudo. Under the agreement, Loblaw will use the platform to build and run AI applications, creating a centralized and consistent environment for its teams. As part of its AI strategy, the retailer says it’s establishing internal protocols that allow AI applications to securely interact with enterprise systems.
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