corporate-governance
Top StoriesBritain’s Lgim Votes Against Fewer Companies for Climate Failures
Top StoriesTrump Advisers Say They Told Him Election Fraud Claims Were Illegitimate
Top StoriesSoccer-Former Northern Ireland Manager Bingham Dies Aged 90
Top StoriesTwitter Plans to Have Shareholder Vote by August on Sale to Elon Musk
British Virgin Islands Agrees to Reforms, Avoiding UK Rule for Now
Date: June 8, 2022
By Alistair Smout LONDON (Reuters) -Britain on Wednesday said it had agreed a comprehensive plan to reform the governance of the British Virgin Islands without direct rule from London at this stage after an official report found systemic dishonesty in the British overseas territory. While an inquiry in April had recommended the BVI should have...
Financial and Non-Financial Performance Are Now Inseparable
Date: June 8, 2022
The financial value of non-financial performance is debatable, but in the long term, one cannot exist without the other, explain Franck Bancel and Henri Philippe. Over the past two decades, the pressure on companies in terms of non-financial performance (or ESG performance) has increased significantly. Several reasons explain this major development. One is the regulatory...
Generali Tensions Reignited by Vacant Board Seat Dilemma
Date: June 8, 2022
MILAN (Reuters) -The candidate to replace entrepreneur Francesco Gaetano Caltagirone on the board of Italy’s Generali has turned down the position, potentially opening the way for one of Caltagirone’s defeated leadership candidates to take up the role. Caltagirone, Generali’s second-largest shareholder, quit the board last month, opening a new chapter in a long-standing shareholder dispute....
Microsoft Cuts Russia Operations Due to Ukraine Invasion – Bloomberg News
Date: June 8, 2022
(Reuters) – Microsoft Corp is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported https://bloom.bg/3MDqliU on Wednesday. Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia. The company did not immediately respond to a Reuters request for comment. More than...
Musk Says He May Drop Twitter Deal if Fake-Account Data Not Provided
Date: June 6, 2022
(Reuters) – Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire Twitter Inc if the social media network failed to provide data on spam and fake accounts. In a letter to Twitter, the billionaire reiterated his request for details on bot accounts and said he reserved all...
Watchdog’s New Chief Says High Prices Can Support Greener Palm Oil
Date: June 2, 2022
By Michael Taylor KUALA LUMPUR (Thomson Reuters Foundation) – Palm oil producers profiting from a global price boom should use the opportunity to ramp up efforts to make the business more sustainable and head off rising risks of forests being cleared for plantations, the new head of the industry’s watchdog said. Prices for palm oil...