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...Frankfurt-based asset manager Deka, which is a top 10 shareholder in Munich Re and a top 20 shareholder in BASF according to data from S&P Global, last year adopted a similar voting policy to ISS....
...For Comac to compete with Airbus or Boeing on a global scale, “it’s probably going to take 20 years”, said Willie Walsh, head of the International Air Transport Association....
...Some BASF executives have even privately said that the company was underinvested in China, which accounts for more than 43 per cent of the global chemicals market, but less than 14 per cent of the group’...
...Overall, the global HDI scores reached a record high in 2023, but remained three years behind where they were projected to have been without the pandemic....
...Usefully, for Latin American leaders, Heath’s observation translates beautifully into Spanish: “Un diplomático es un hombre que se lo piensa dos veces antes de no decir nada.”...
...Bäte was talking about its asset management business in general, so maybe Allianz Global Investors — its other asset manager arm* — accounts for some of this....
...The change started after the 2008 global financial crisis and has accelerated significantly since 2017....
...On Tesla’s job cuts, Craig Irwin, senior research analyst at Roth MKM, said the news was not a “surprise per se”....
...On the spectrum of happiness, almost eight in 10 (77 per cent) employees sit somewhere between disaffected and actively resentful, according to Gallup’s latest global study....
...However, the update is a warning sign for global industry, with chemicals sitting at the foundation of most global supply chains and acting as a bellwether for economic activity....
Data adds to signs of improved sentiments at the start of the year
...(I should note that Asness does not believe in a size factor per se....
...A global order backlog of almost 15,000 aircraft will take many years to fulfil....
...Production lines across the industry have been strained coming out of the Covid-19 pandemic and as global airlines have gone on an unprecedented ordering spree....
...“The big keep getting bigger,” said Peter Oppenheimer, Goldman’s chief global equity strategist and head of macro....
...The issue is “dramatically underfunded” given its contribution to global warming and ill health, said the CCA’s chief executive Dymphna van der Lans....
...The company said it would “accelerate” a hitherto unannounced sale process that had been initiated last quarter due to a global supply glut of one of the chemicals....
...The sale of RTL Nederland values the Dutch operations roughly at a 50 per cent premium compared with RTL Group, according to data from S&P Global Market Intelligence....
...OpenAI will hope the Axel Springer deal makes it look responsible as it navigates global regulation. It may come with an expiry date....
...Axel Springer will allow OpenAI to train artificial intelligence models using content from the German publishing giant’s outlets such as Bild, Politico and Business Insider, in a landmark deal for the global...
...Pence has no objections to fentanyl per se. He just doesn’t want it to come from China. So this bill is no cause for parental celebration. Here is what a serious bill would look like....
...Do also read Gideon’s thoughtful column on global identity geopolitics....
...The payouts include a total of at least €140mn for the 60-year-old Döpfner, the long-serving chief executive who has sought to transform the company from a German-focused publishing house into a global media...
...BASF has been criticised for investing €10bn into a state of the art petrochemicals plant in China, at a time when Berlin has been calling for industries such as chemicals to reduce their reliance on the global...
...The industry is responsible for about 2 per cent of global carbon dioxide emissions, according to the International Energy Agency, but its proportion of emissions is set to increase as airlines push forward...
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