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...The proxy adviser now has a blanket ban against former chief executives becoming chair, a position that goes well beyond the requirements of German law....
...The data came as TikTok’s future in the US was plunged into doubt this week after the US House of Representatives approved a bill to force TikTok to be sold to a non-Chinese company within six months or...
...Such a move could be taken “very quickly”, she said, since it would only require an executive order....
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...Kristalina Georgieva has won a second five-year term as IMF managing director, ahead of the start of the fund’s spring meetings in Washington next week....
...The House energy and commerce committee last week approved it in a unanimous 50-0 vote....
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
...(Washington Post)...
...Led by its chair and chief executive Larry Fink, BlackRock’s financial crisis-era purchase of BGI — including its iShares suite of exchange traded funds — was a transformational deal that gave it a dominant...
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...CNN: Chief executive Mark Thompson wants the 24-hour cable news network to undergo a digital overhaul in the face of an “existential” challenge to its business....
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...Republican Mike Lee of Utah deplores it as executive over-reach. The more complicated path in the Senate has convinced TikTok’s top executives that senators will not back the House bill....
...While it remains privately held, Trafigura has adopted some of the behaviours of a publicly listed corporation....
...“Even as prices have come down on important items like a gallon of milk and a dozen eggs, some corporations aren’t passing those savings on to consumers,” Lael Brainard, director of the White House’s National...
...Republican House majority leader Steve Scalise said he would bring the bill to the House floor for a full vote next week....
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...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
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...This note reflects that Mitsubishi Corporation’s buyback announcement was for the equivalent of 4 per cent of its shares, not a tenth as previously stated....
...Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
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