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...Executive directors at listed groups are typically paid according to where the company has its primary listing, so Smith & Nephew’s chief executive Deepak Nath, an American based in Fort Worth, Texas, is...
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...While activists have long sought reparations for the descendants of slaves, in recent years they have increasingly targeted individual companies or institutions rather than society as a whole....
...In 2022, its revenue rose 8 per cent to $1.4bn compared with a year earlier, although the company posted a net loss of $515mn, according to accounts published in Luxembourg....
...and still a high-quality company.”...
...holes than Swiss cheese, the company could keep hold of billions of dollars from recent asset sales without giving lenders a dime....
...Port and car industry executives have pointed to a backlog of Chinese electric cars as one of the leading causes of the problem, with some companies booking shipping delivery slots without ordering onward...
...Chart of the day The gap between European companies’ borrowing costs and their US counterparts has narrowed in part because of rising optimism about the eurozone economy but also the future direction of...
...Companies: Carnival Cruise Line will report earnings before the start of trading while pharmaceutical group Moderna holds its annual investor meeting....
...Companies: American Airlines will hold its first investor conference since the pandemic. The company is expected to share its long-term strategy to expand its business and earnings....
...Vice-president Kamala Harris and secretary of state Antony Blinken will also attend the conference, which is in its 60th year. Read the full interview with Ursula von der Leyen....
...The deal will be a boost for the moribund London stock market, which on Tuesday faced the prospect of losing further companies following a proposed delisting of retailer Superdry and an agreed takeover for...
...Phil Smith, head of Emea LDI research at BlackRock, said: “This is about broadening out the pool of assets that can be used as collateral, increasing that resilience and trying to avoid losses from having...
...Brooge was part of a wave of companies that capitalised on investors’ appetite for special acquisition companies and was valued at more than $1bn when it went public....
...The Relocation Man Award 2023 Winner: Chris Smith, NeoGenomics Last year, we noted that Neogenomics chief executive Chris Smith had bagged $2.2mn in “relocation costs” upon joining the company....
...Brad Smith, vice chair and president of Microsoft, added that companies have “a responsibility to help ensure these tools don’t become weaponised in elections”....
...The social media company also outlined new areas of investment for the year ahead. 2....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Hello from London, where we’re delighted to welcome Lee Harris today as the newest member of the Moral Money team....
...Vice-president Kamala Harris will outline the opportunities of AI in a speech later today in London but also the potential for “profound” harm from cyber attacks “at a scale beyond anything we have seen...
...The technology to do so exists, but it is very expensive, says Smith. For farmers and the food companies they supply, he adds, “the cost of doing it can outstrip the value of the carbon.”...
...The Amazon: The complexities of the rainforest’s carbon credit market are being laid bare by a deepening scandal, writes Bryan Harris....
...Smith’s style is to invest in a small number of “high quality, resilient, global growth companies”, primarily in the US, that he aims to hold for the long term....
...Rather, in February 2022 he was named chief executive of Hertz, the Fort Myers-based mainstay of the rental car business which had just emerged from bankruptcy and looked poised to take advantage of a post-pandemic...
...Letter in response to this article:No NGO has the climate clout of the asset managers / From Ashley Harris, New York, NY, US...
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