Proxy advisers ISS, Glass Lewis back all Toshiba director nominees
Two influential proxy advisers have both recommended voting for the appointment of all Toshiba Corp (6502.T) director nominees including two from activist shareholders, despite objection to the move from within the board.
EU financial services chief calls for compromise on bank capital
European Union financial services chief Mairead McGuinness on Tuesday urged the bloc’s lawmakers to agree on bank capital rules to keep the sector resilient as it emerges from the pandemic and markets fragment due to war in Ukraine.
Exclusive: OPEC sees global oil demand growth slowing in 2023, sources say
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the global economy.
The pandemic broke the Fed’s model; this week may show how much
Federal Reserve Chair Jerome Powell used his first four years as the world’s top central banker to reshape U.S. monetary policy around the idea that low inflation and low unemployment could coexist.
E-Com Learning Solutions provides specialist eLearning materials for a worldwide audience
Emergency Response Driver Training (ERDT), which delivers regulated qualifications and accreditations to emergency services from across the UK and worldwide, is using eCom Learning Solutions’ expertise to provide eLearning materials, via the eNetLearn learning management system (LMS).
Victims of HBOS fraud offered 3 million pounds in compensation
Victims of one of Britain’s biggest historic banking frauds will be offered 3 million pound ($3.66 million) compensation packages, a source familiar with the matter told Reuters on Monday.
Investment platforms face hangover after pandemic party
The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.
Analysis: Kurdish tensions stymie Iraqi region’s gas export ambitions
The prime minister of Iraqi Kurdistan, Masrour Barzani, has been touting the autonomous region’s gas export capabilities as an alternative to Russian supply, but division between the region’s two main parties suggest the plan is, for now, a pipe dream.
BlackRock extends AGM vote choice to more equity index clients
BlackRock (BLK.N), the world’s biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which their funds invest.
Dollar drives higher, yen tumbles to 1998 lows
The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a global economic slowdown and bets on steep interest rate hikes by the U.S. Federal Reserve.
