corporate-governance
Top StoriesIcahn Nominates Two Members to McDonald’s Board to Challenge Pig Policy
BusinessExclusive-Ericsson Informed U.S. DoJ in 2019 About Iraq Probe – Sources
BusinessOrange Sees Return to Core Profit Growth in 2022
BankingCommerzbank Sees Strong 2022 as Quarterly Profit Trounces Estimate
The Real ESG Talk – a Challenging Path From Pure Profit to Wide Benefit
Date: February 16, 2022
By Anna Alex, Co- founder, Planetly When talking about ESG, there is a tendency to minimize the “E” to only carbon emissions and the “S” only to Gender Equality and Inclusion. These two topics seem to have the strongest supporters. But actually, it’s a much bigger conversation we need to have. ESG is a mindset....
Activist Generali Investors Call for “open Dialogue”
Date: February 16, 2022
MILAN (Reuters) -Two activist investors in Generali on Tuesday urged Italy’s leading insurer to engage in “an open and constructive dialogue” to overcome issues that have held back its growth. Generali is at the centre of a shareholder battle pitting a group of investors including eyewear billionaire Leonardo Del Vecchio against its single biggest shareholder...
Australia’s Crown Resorts Backs $6.3 Billion Blackstone Bid, Ending Packer Era
Date: February 15, 2022
By Byron Kaye and Shashwat Awasthi SYDNEY (Reuters) – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone Inc on Monday, giving billionaire James Packer an exit route from the Australian casino firm beset by scandals and regulatory setbacks. Packer will cash in his chips a decade and a half after...
Top Investor Urges Siemens Energy to Take Full Control of Wind Turbine Business
Date: February 15, 2022
FRANKFURT (Reuters) – Siemens Energy should buy the rest of struggling wind turbine division Siemens Gamesa, Union Investment said on Monday, the first such demand by a major investor since a recent profit warning and leadership change. Siemens Gamesa last month issued its third profit warning in nine months, a move that has led parent...
Prudential Bosses to Operate From Asia as CEO Wells Retires
Date: February 11, 2022
(Reuters) -Insurer Prudential announced a management shake-up on Thursday, setting up a new base for its top executives in Asia rather than London, as Chief Executive Mike Wells plans to retire next month. Prudential, which provides life and health insurance, said current finance boss Mark Fitzpatrick will become interim CEO. He has requested not to be considered...
Germany’s BaFin Probes Adler Group’s Financial Reports
Date: February 11, 2022
BERLIN (Reuters) -German financial watchdog BaFin is examining the financial reports of Adler Group, one of Germany’s biggest landlords, a spokesperson for BaFin said on Thursday. The spokesperson, confirming a report that first appeared in Handelsblatt, declined to elaborate further. The accounting investigation follows allegations made against Adler by short seller Fraser Perring’s Viceroy Research....