corporate-governance
Top StoriesTotalEnergies CEO Joined Meeting on Russia at French Presidency – Elysee Official
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Top StoriesSoccer-Man Utd Withdraws Russian Airline Aeroflot’s Sponsorship Rights
InvestingBarclays Boosts Investor Payouts After Record Annual Profit
Edf Capital Increase to Take Place in Coming Weeks, CEO Says
Date: February 23, 2022
PARIS (Reuters) – EDF expects a planned state capital increase to occur in the coming weeks, the head of the French state-controlled utility said on Tuesday. Last week, the government said it would inject around 2.1 billion euros ($2.4 billion) into EDF to ease the financial pain inflicted by nuclear reactors going offline, of which...
Germany’s Uniper Cuts Dividend by 95% to Help Weather Volatility
Date: February 22, 2022
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -German utility Uniper proposed a 95% year-on-year dividend cut to preserve cash on Monday, pointing to energy price swings and risks for the gas market should Russia invade Ukraine. The cut comes after Uniper last month secured credit facilities worth up to 10 billion euros ($11.36 billion)...
Siemens Energy top-10 Investor Urges Management to Buy Siemens Gamesa
Date: February 22, 2022
FRANKFURT (Reuters) – Siemens Energy should buy the rest of wind turbine maker Siemens Gamesa to accelerate a turnaround at the Spanish-listed firm, Deka, the second top-10 shareholder in as many weeks to call for the takeover, said on Monday. The comments from Ingo Speich, head of sustainability and corporate governance at Deka Investment, raise pressure...
EU Draft Law Would Require Firms to Check Suppliers for Human Rights, Environmental Ethics
Date: February 22, 2022
By Simon Jessop and Jan Strupczewski BRUSSELS (Reuters) – The European Commission will unveil on Wednesday a proposal to make large companies operating in the European Union check that their suppliers from around the world do not use slave or child labour and that they respect environmental standards, a draft of the law showed. The...
Barclays Lines up Anna Cross as First Female Finance Chief – Sky News
Date: February 22, 2022
(Reuters) -Barclays Plc is preparing to name Anna Cross as group chief financial officer in the coming months, the first woman to be appointed to the role, Sky News reported on Monday. Cross will replace Tushar Morzaria, who has held the role since 2013. The Sky News report did not say why Morzaria is stepping...
More Women Take Top UK Plc Roles, but There’s Room for Improvement – Report
Date: February 22, 2022
(Reuters) – Women now make up nearly 40% of the boards of Britain’s biggest 100 companies, compared with just 12.5% a decade ago, with recommendations in place to enable more female representation in top management, a government-backed report said on Tuesday. Researchers reviewed women’s representation in about 24,000 positions in firms on Britain’s blue-chip FTSE...