corporate-governance
Top StoriesSoccer-Man City Without Stones and Walker for Tough Trip to Leeds
Top StoriesCredit Suisse Shareholders Withhold Management Approval as Ire Grows
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Top StoriesSyngenta Q1 Sales Rise 26% as Farmers Buy Early, IPO on Track
UK’s Sunak Followed Conflict of Interest Rules -Independent Advisor
Date: April 27, 2022
LONDON (Reuters) -British finance minister Rishi Sunak was found on Wednesday to have adhered to rules on conflicts of interest and the ministerial code in his and his family’s financial affairs, which had attracted sharp political and media criticism. Sunak’s wife – daughter of an Indian billionaire – confirmed this month that she had “non-domiciled”...
Factbox – Companies Count the Cost of Ditching Russia
Date: April 26, 2022
(Reuters) – Multinational companies that announced their exit from Russia, or suspension of activities there, after its invasion of Ukraine have started to calculate losses associated with their decisions. Below is a list of firms by sector that have provided cost estimates related to their temporary or permanent halt of business in Russia: APPAREL ADIDAS...
Two top-10 Rwe Investors Won’t Back Brown Coal Spin-Off Motion
Date: April 26, 2022
FRANKFURT7DUESSELDORF (Reuters) -Two top-10 investors in RWE will not back a motion by activist shareholder Enkraft which asks Germany’s largest power producer to prepare a spin-off of its brown coal activities, they said on Tuesday. Enkraft’s motion, which will be put to a vote at RWE’s annual general meeting (AGM) on April 28, has been...
Britain Moves Ahead With Mandatory Climate Plans for Companies
Date: April 25, 2022
By Huw Jones LONDON (Reuters) – Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050. Last November at the COP26 UN Climate Summit, British finance minister Rishi Sunak said companies would have to...
Soccer – UK Government Set to Establish Independent Regulator
Date: April 25, 2022
(Reuters) – The British government will establish an independent regulator in English soccer to deal with the game’s finances, club ownership and corporate governance, the Department for Digital, Culture, Media and Sport (DCMS) said on Monday. The regulator will be backed by primary legislation to provide it with the statutory powers to licence and sanction...
Philips Shares Slide as Supply Chain Woes, Ventilator Issues Persist
Date: April 25, 2022
AMSTERDAM (Reuters) -Philips shares dropped almost 11% on Monday as the Dutch health technology company expanded a recall of ventilators and flagged multiple risks to its growth outlook for the rest of the year. The supplier of products ranging from large medical systems to toothbrushes and shavers said it still expected sales and profitability to...