corporate-governance
Top StoriesGermany’s Struggle to Clean up Its Supply Chains Has Lessons for Europe
Top StoriesL’Occitane’s Billionaire Owner Geiger to Take Firm Private in $1.8 Billion Deal
Top StoriesMercedes-Benz Says US Doj Ended Investigation Into Diesel Emissions Scandal
Top StoriesDenso to Sell Off Cross-Shareholdings and Use Proceeds on M&A
The Unseen Ethical Considerations in AI Practices: A Guide for the CEO
Date: April 17, 2024
The Unseen Ethical Considerations in AI Practices: A Guide for the CEO By Eric Huiza, Global Chief Technology Officer, Aionic Digital Artificial Intelligence (AI) is only accelerating its adoption among global corporate enterprises, thus CEOs and business leaders are positioned at the confluence of innovation and ethics, as it relates to implementing AI projects, in...
Home Improvement Retailer Kingfisher Names Claudia Arney as New Chair
Date: April 15, 2024
Home improvement retailer Kingfisher names Claudia Arney as new chair LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in June after seven years in the role and will be succeeded by non-executive director Claudia Arney. The changes will take place at the conclusion of the...
Analysis-Europe Stands Firm Against US-driven ESG Backlash
Date: April 12, 2024
Analysis-Europe stands firm against US-driven ESG backlash By Simon Jessop, Ross Kerber and Isla Binnie (Reuters) – Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand political pressures that have pushed some U.S. peers to backtrack on their green agendas. In the United States,...
Disney Edges Ahead in Battle for Board Seats With Activist Investors
Date: April 2, 2024
Disney edges ahead in battle for board seats with activist investors By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company’s...
Swiss Exchange Operator Six Posts $1.15 Billion Loss on Impairments
Date: March 13, 2024
Swiss exchange operator SIX posts $1.15 billion loss on impairments ZURICH (Reuters) – Swiss stock exchange operator SIX reported a loss of 1.01 billion Swiss francs ($1.15 billion) in 2023, after it booked two previously flagged non-cash impairments. The group had said in December it would book a value adjustment of around 860 million...
Adidas Posts First Loss in 30 Years but Sticks to Dividend
Date: March 13, 2024
Adidas posts first loss in 30 years but sticks to dividend By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has...