corporate-governance
Top StoriesTwitter’s Battle With Elon Musk Over $44 Billion Deal Heads to Oct. 17 Trial
Top StoriesAstraZeneca Lifts Revenue Guidance on Covid Treatment
Top StoriesFresenius Medical Shares at 12-year Low as Labour Costs Weigh on Profit
Top StoriesPositive ESG Performance Improves Returns Globally, Research Shows
Volkswagen Keeps Outlook, Says Porsche IPO on Track
Date: July 28, 2022
By Victoria Waldersee BERLIN (Reuters) -Volkswagen said it expected to hit the high end of its profit target range for 2022 as supply chain bottlenecks ease and said it was still aiming to list the Porsche brand this year despite its CEO double jobbing as boss of both companies. Volkswagen shares rose 2.4% on Thursday...
Edf Issues Fourth Profit Warning as Nuclear Output Drops
Date: July 28, 2022
By Benjamin Mallet and Silvia Aloisi PARIS (Reuters) -French power company EDF , which is being nationalised, issued its fourth profit warning of the year on Thursday as it fell to a loss in the first half on lower nuclear output. Half its 56 nuclear reactors are currently offline due to planned maintenance and work...
Porsche Listing Plans on Track, Volkswagen CFO Says
Date: July 28, 2022
BERLIN (Reuters) – Preparation for a listing of Volkswagen’s sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker’s chief financial officer said on Thursday. “We continue to execute our plan for a potential IPO of Porsche later in this year. Preparation is continuing with a decision expected...
What the Marines Taught Me About Leadership and Power – & Why Control Is at the Heart of It
Date: July 27, 2022
An interview with Thom Dennis, CEO of Serenity in Leadership 17 years as an officer in the Royal Marines saw Thom Dennis in the UK’s elite Commando Force, achieve the coveted Green Beret, and also his parachute wings. He devised the plan for the withdrawal of the Corps from Malta in 1977, and later worked...
Deloitte Successfully Advises Saudi Contractor Through an In-Court Financial Restructuring
Date: July 27, 2022
Deloitte advises on another successful financial restructuring procedure in the Kingdom 25 July, 2022 – Deloitte’s leading KSA bankruptcy team has successfully advised on the financial reorganisation procedure of Al Harbi Trading and Contracting Company, a Riyadh-based company with approximately SAR 1.8 billion (USD 480 million) of debt across seven banks and more than 1200 creditors....
Atos Shares Jump After It Secures Financing for Turnaround Plan
Date: July 27, 2022
By Mathieu Rosemain PARIS (Reuters) -France’s Atos <ATOS.PA> said it had secured financing for a turnaround plan and forecast further improvement in sales in the second half, driving up shares in the loss-making IT consulting firm early on Wednesday. The group has struggled to restore investor confidence over the past six months, marked by two...