FedEx’s new CEO to chart growth plan as challenges mount
FedEx Corp’s (FDX.N) new chief executive on Wednesday will lay out long-term growth plans for the global shipping firm that is grappling with cooling economies, rampant inflation and pressure from both an activist investor and unhappy delivery contractors.
Toshiba board gains two directors from activist funds in historic shift
Toshiba Corp (6502.T) shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday – an inclusion expected to add momentum to its exploration of potential buyout deals.
