Activist investors in the US were watching the outcome of shareholder resolutions at the annual general meeting (AGM) of technology giant, Apple, on Friday (26th February). One of the proposals was seeking greater powers for investors to be able to …
Read MoreThe UK government is consulting on how to incorporate the EU’s Non-Financial Reporting Directive into UK law and into the UK’s current company reporting framework. This amends an earlier directive and requires companies, with more than 500 employees, to disclose …
Read MorePharmaceutical giant, GlaxoSmithKline (GSK), has been fined £37.6m by the UK’s Competition and Markets Authority (CMA)for making illegal payments to companies to delay their rival medicines entering the British market. Smaller fines were also imposed on the other pharmaceutical companies …
Read MoreInvestment bank Morgan Stanley has agreed a $3.2 billion settlement with the New York Attorney General, Eric Schneiderman over the bank’s deceptive practices, in respect of residential mortgage-backed securities (RMBS ), leading up to the 2008 financial crisis.
The investigation …
Read MoreGlobal technology Google continues to be in the spotlight over its £130m tax deal with the UK authorities. The UK parliament’s Public Accounts Committee, which first looked into the issue of corporate tax deals in 2012, has held a session…
Read MoreThe US financial regulator, the Securities and Exchange Commission (SEC), has fined global agri-business firm Monsanto $80 million for violating accounting rules and misstating company earnings in relation to its flagship product Roundup. The company has also agreed to retain …
Read MoreSir Philip Hampton, chairman of GlaxoSmithKline has been appointed to increase the number of women executives – and to ensure some are appointed to board level – within FTSE 350 companies. Dame Helen Alexander, Chair of UBM, was appointed deputy …
Read MoreThe chairman and chief executive of investment giant, BlackRock, Larry Fink has written to the chief executives of major companies in the US and Europe encouraging them to think long-term and to provide their shareholders with more forward-looking plans. Fink …
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While it is not yet clear if business as a whole has made a firm commitment to sustainable and environmentally friendly growth 2015 was the year that the investment community made critical commitments to finance sustainable growth, according to Dr …
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