corporate-governance
BusinessSchneider, Legrand, Rexel and Sonepar Fined in French Price Fixing Probe
BusinessVirgin Money UK Picks Insider Gergely Zaborszky as Next CFO
InvestingVivendi Minority Shareholder to Appeal Against Proposed Split Project
BankingUniCredit Italian Shareholder Cariverona Confirms Support for Commerzbank Move
Estee Lauder Names Insider Stéphane De La Faverie as New Ceo, Wsj Reports
Date: October 28, 2024
(Reuters) -Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported on Monday, citing people familiar with the matter. In August, the company said CEO Fabrizio Freda was retiring next year and would remain as an advisor to his successor in fiscal...
Soccer-Manchester United Sack Manager Ten Hag After Woeful Start to the Season
Date: October 28, 2024
By Lori Ewing MANCHESTER, England (Reuters) -Manchester United have sacked manager Erik ten Hag after their latest defeat at the weekend as they languish 14th in the Premier League table and stand winless in Europe this season without any signs of progress under the Dutchman. United assistant coach and ex-striker Ruud van Nistelrooy will take...
Integrating Sustainability for Long-Term Business Resilience and Value Creation
Date: October 24, 2024
By Karl Schmedders, Professor of Finance at IMD Companies that proactively address climate risks are better equipped to adapt to a rapidly evolving business environment, making them more attractive to investors seeking sustainable long-term returns. Addressing environmental concerns is now essential for the long-term success of a business. Climate change and the damage to essential...
Mike Ashley’s Frasers Drops Plan to Buy Luxury Brand Mulberry
Date: October 24, 2024
(Reuters) -British sportswear and apparel retailer Frasers Group walked away from its attempts to buy Mulberry on Wednesday, citing a lack of engagement from the British luxury brand’s board after two proposals were rejected. Frasers did not get the backing of Mulberry’s top investor Challice – controlled by billionaires Christina Ong and Ong Beng...
Number of Female Business Leaders in Britain Falls in 2024, Report Says
Date: October 18, 2024
LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an “unacceptable” reversal that could delay gender parity for another five generations, a consultancy said on Thursday. The Pipeline, which analyses gender diversity at senior corporate levels, said the average...
Ratan Tata, Who Put India’s Tata Group on the Global Map, Dies at 86
Date: October 10, 2024
By Abhirup Roy (Reuters) – Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday. He was 86. Tata, who ran the conglomerate for more than 20...