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...This year, Mondelez set aside €340mn against a potential EU fine that it said could be materially higher....
...The New Year ritual of vowing to quit smoking, drinking or dessert is not for me. I’ve long preferred the idea that resolutions should be adding something positive rather than squeezing out bad habits....
...New year’s resolutions and I have a long history together, and it is not a very happy one....
...Before setting off on my jog he told me there was a 98 per cent chance of bitcoin prices doubling this year....
...Two years after a currency crisis led Sri Lanka to default on its debt, President Ranil Wickremesinghe’s government is preparing for elections later this year amid signs the economy is recovering....
...Later, the US will bring a UN security council resolution to a vote calling for an immediate six-week ceasefire in the Israel-Hamas war....
...More details from the draft resolution....
...The living wills must be updated every two years, and the heads of the central banks, treasuries and banking regulators in the US, UK and EU meet every other year to war game the failure of a G-SIB....
...plans to step down at the end of the year....
...The ratio in Wales was 6.07 last year, down from 6.37 in 2022....
...His use of Article 99 of the UN Charter was the first time the authority had been used in more than 50 years....
...Follow This said it would instead refocus its efforts on a resolution it had co-filed with 27 big investors, including Amundi, at Shell’s annual meeting later this year....
...The proxy also reported that Fink’s pay rose 9 per cent to $27.6mn last year....
...Dusting off a 30-year old plan unfortunately wouldn’t be a silver bullet....
...But in other ways, shareholder rights are being tested around the world this year....
...Apple has urged investors to reject the resolution....
...At least 69 more resolutions last year would have passed had these four asset managers supported them, according to ShareAction....
...Adam Corlett, Principal Economist at the Resolution Foundation, said: There are huge questions about whether Britain can really afford £20bn of tax cuts this year . . ....
...Martin Sorrell’s advertising agency S4 Capital publishes full-year results....
...This year the oil company has had enough....
...This was a big decrease from the previous two years, with 14 per cent of resolutions passing in 2022 and 21 per cent in 2021....
...Overall the policy changes during recent years will increases taxes paid by pensioners by about £8bn, the Resolution Foundation found....
...The capital’s information and communication services exports rose by an average of 15 per cent per year between 2016 and 2021, meanwhile, professional services were up 12 per cent per year....
...Shell said the shareholder resolution was “unrealistic and simplistic” and “broadly unchanged” from the resolution filed by Follow This last year....
...However, the Resolution Foundation found that the effects of the tax and benefits measures would not be evenly shared....
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