Executives Quiet Their Sustainability Talk on Earnings Calls Amid Growing Culture War
Companies’ references to environmental and social issues have plunged in recent quarters as investor backlash has mounted.
Toyota Boss Faces Pushback Over EV Strategy in Shareholder Vote
Toyota’s annual meeting this year has turned into a showdown over the merits of longtime leader Akio Toyoda’s electric-vehicle strategy.
Georg Fischer Makes Bid for Finland’s Uponor
Industrial supplier Georg Fischer has made an all-share offer to buy peer Uponor for €2.1 billion as it looks to boost its […]
Autoliv Confirms 2023 Outlook, Other Targets
Autoliv said it still expects to report organic sales growth of around 15% and an adjusted operating margin of around 8.5%-9.% this […]
Ten-Year Italian BTP-German Bund Yield Spread Seen at Fair Level
Eurozone government bond yield spreads may continue tightening, but the 10-year Italian BTP-German Bund spread is at fair levels, BofA Global Research […]
USD/SGD Steady Ahead of U.S. Economic Data, FOMC Meeting
USD/SGD traded steadily in the Asian afternoon session ahead of this week’s U.S. economic data including CPI and the FOMC meeting.
Novo Nordisk To Boost Output Capability
Novo Nordisk said it plans to invest $2.3 billion to expand a pharmaceutical ingredient production facility in Denmark for its future portfolio […]
Glencore approached Teck about buying its coal assets, according to people familiar with the matter, providing an alternative to Glencore’s proposal for a merger of the two mining companies.
Glencore approached Teck about buying its coal assets, according to people familiar with the matter, providing an alternative to Glencore’s proposal for […]
Nike is going back to some retail partners it had broken up with, as the company seeks help to clean out its inventory.
Nike is going back to some retail partners it had broken up with, as the company seeks help to clean out its […]
Francis deSouza resigned as Illumina’s chief executive after he lost support from some board members following his pursuit of a $7 billion deal that was rejected by antitrust regulators and triggered a proxy battle with Carl Icahn.
Francis deSouza resigned as Illumina’s chief executive after he lost support from some board members following his pursuit of a $7 billion […]
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Elite status fliers are starting to face the facts: The downgrade apocalypse is real
What Your Barista Is Really Thinking as You Are About to Tip
Those screens asking for a 15%, 20% or 25% gratuity are awkward for service workers, too.