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...Smith & Nephew had given a “compelling rationale” for paying more to its US-based leaders, Glass Lewis said....
...Pay has been a source of antagonism for Smith & Nephew. In October 2019, Namal Nawana quit after 18 months as chief executive because the company would not meet his pay demands....
...Ofwat is due to make a draft decision in June and a final ruling early next year....
...Michael Gove has launched a legal action to force the landlord of a Canary Wharf apartment complex to pay £20.5mn towards building safety works, as the UK government increases efforts to pursue the owners...
...The group, which claims to hold more than £5bn of Thames Water bonds has approached the company requesting a meeting to discuss the crisis, according to a letter seen by the Financial Times....
...Proposed pay increases for executives at companies with large international operations such as the London Stock Exchange Group and medical devices manufacturer Smith & Nephew have sparked debate among investors...
...Keel, a former 3M and General Electric executive, joined London-headquartered Smiths in May 2021....
...You are being given a second chance to buy duration at a much better yield level than four months ago. Chance of rate rises: zero. Chances of rate cut this year, of some magnitude:99 per cent....
...The insurance sector is expecting a hefty bill....
...“Even when we were kids, if I did well in a class, Michael would think to himself, ‘If he can do it, I can do it.’ And I’d think: ‘I can beat him.’”...
...Joe LeahyIt just seems inevitable that this year is gonna be a big year for trade tensions. Jessica SmithI’m Jess Smith and here’s the news you need to start your day....
...Take a break from the news Meet Tokyo’s top female sushi chefs, who are expertly challenging convention in a male-dominated profession....
...We start the week with a scoop on the growing clamour for a 24/7 New York bourse....
...Alphabet’s first-quarter revenue jumped 15 per cent, buoyed by a rise in earnings across its main business lines, and the company announced its first-ever dividend of 20 cents a share alongside a $70bn stock...
...Michael Perry, a speaker at the show, recommends ditching high-maintenance lawns. “The only reason we have them is because we think our neighbours expect us to,” he says....
...Brussels has raided a Chinese security equipment supplier, deploying new anti-foreign subsidy powers in a move that will further inflame tensions between Brussels and Beijing ahead of a planned visit by...
...The Brooklyn Tower Two years ago the developer Michael Stern toasted his super-tall tower at 9 DeKalb Street as “a symbol of Brooklyn’s unceasing drive and ambition.”...
...Peru’s Rolex scandal: Peruvians have watched the political scandal involving their president Dina Boluarte with a mix of weariness, disgust and despair, writes Latin America editor Michael Stott....
...tale in a large-scale mural....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...CERAWeek: Chevron chief executive Michael Wirth addresses the energy conference a day after ExxonMobil chief Darren Woods spoke about the tense dispute with its rival in Guyana. Here’s what he said....
...US Federal Reserve: Michael Barr, the Fed’s vice-chair for supervision, speaks at the National Interagency Community Reinvestment Conference in Portland, Oregon. Five more top stories 1....
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...A&M, which has its headquarters in New York, declined to comment. Wall did not respond to requests for comment. A lawyer for Brooge declined to provide a comment for publication....
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