Nikola shareholders reject executive pay proposal
Shareholders of Nikola Corp (NKLA.O) have voted against a proposal to approve compensation awarded to its “named executive officers,” including $159.2 million to founder and former executive chairman Trevor R. Milton that was later reduced, the electric truck maker said on Tuesday.
Amazon India has expanded its network with the addition of two more all-women delivery stations
When it comes to women’s empowerment, Amazon of India has created two all-women delivery stations in Kerala as part of an initiative to enhance women’s employment options. These two locations will join Amazon India’s existing all-women delivery centers in Chennai and Kadi, Gujarat. The delivery stations will be run by Delivery Service Partners (DSPs), who […]
eCom Scotland offers help to the UK’s training-starved Pharmacies
The digital learning and assessment specialist, eCom Scotland, is offering help to the UK’s 12,000 or so retail pharmacies – in particular, to help meet pharmacists’ need for education and training on digital technologies. This need was revealed via recent surveys of early career pharmacy professionals, including students, with most respondents (87.3%) saying that they lacked education and training in the area of clinical informatics.
EXCLUSIVE Weibo chairman and state firm plan to take China’s Twitter private -sources
Weibo Corp (WB.O) Chairman Charles Chao and a state investor are in talks to take the Nasdaq-listed Chinese social media company private in a deal that could value it at $20 billion-plus, sources close to the matter told Reuters.
Empathy bootcamp? UK banks seek payback on $105 bln COVID loans
As payback time approaches for more than 75 billion pounds ($104 billion) of emergency state-backed loans, Britain’s banks must tread a delicate path with businesses propped up during the pandemic.
Quickening U.S. recovery puts Fed taper discussion in focus
More clues on just when and how the U.S. Federal Reserve may begin to cut its pandemic-induced bond-buying spree are likely to emerge on Wednesday when the central bank publishes minutes of last month’s pivotal meeting.
Australia’s cbank tapers QE but affirms low rates outlook
Australia’s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect.
Samsung Electronics Q2 profit likely up 38% on strong chip prices
Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.
Sainsbury’s focus is on strategy, not takeover frenzy
The boss of Sainsbury’s (SBRY.L) said on Tuesday his focus was on delivering the British supermarket group’s strategy rather than the takeover frenzy that has gripped the sector.
UK faces new debt surge in climate push, early action best – OBR
Britain faces another jump in its 2-trillion-pound ($2.8 trillion) public debt pile to make its economy net carbon zero by 2050,but quick global action could make the hit less severe than that of the coronavirus pandemic, a fiscal watchdog said.
