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...“There is a compensation issue at AstraZeneca,” Jain, a top-20 shareholder, told the Financial Times....
...The prosecutor’s office on Monday said it took note of the remarks attributed to a police officer and recorded without his knowledge....
...In a vote of confidence for the direction of the business, chief financial officer Luka Mucic has just purchased £1.69mn worth of shares in the company....
...“I think it’s completely appropriate to factor [a rate increase] in,” said Greg Peters, co-chief investment officer of PGIM Fixed Income....
...Shareholders will vote later today on a plan to raise Soriot’s pay by £1.8mn to a maximum of £18.7mn in 2024....
...But leading shareholders welcomed the pay rise before the vote, with Rajiv Jain, chief investment officer at top-20 shareholder GQG Partners, saying Soriot was “massively underpaid” given the performance...
...Qatar does not have formal relations with Israel....
...“Both Iran and Israel say this is the new equation, and what’s happening now is figuring out what does that add up to in the oil market?”...
...It is out on its own — the Russell 2000 index of smaller companies is still around 20 per cent below the peak it hit in 2021, and is down by 1.2 per cent so far this year....
...The law does not include biological sex as a protected characteristic, but the Scottish government has said it plans to introduce an act to tackle misogyny....
...The submitted revenue figures had to be certified by the chief financial officer, chief executive, or a member of the executive committee, of the company....
...Nearly 1bn people, out of a population of 1.4bn, are expected to vote over the next six weeks in staggered rounds of polling that will end on June 1....
...But responsible AI does not always mean reinventing the wheel....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...The ethics adviser to Norway’s $1.5tn sovereign wealth fund, which holds 2 per cent of the group, made a draft recommendation to divest Rio because of deforestation activity linked to the Mineração Rio do...
...Karl EdgeIt’s Karl Edge here, I’m the chief people officer at KPMG in the UK....
...Higher house prices and tighter lending criteria mean that the average first-time buyer deposit has risen from £22,600 to £68,700 over 20 years, increasing from 0.6 times average incomes to 1.2 times, according...
...The overhaul, which is expected to result in 20,000 job losses by 2026, is moving faster than previously indicated....
...The lender had shed just 1,000 roles by the end of December. “Our [organisational] simplification will be done by the end of the first quarter,” said chief financial officer Mark Mason....
...Consultancy Bain expects the market for personal luxury goods to grow 1 to 4 per cent in 2024, down from an estimated 8 to 10 per cent in 2023....
...Revenue of $1.2bn aligned with consensus expectations. Ride-share rival Uber last week cheered investors after reporting its first-ever annual profit. Read more here...
...The US assistance package, which is certain to provide artillery shells, the senior Ukrainian official said, “does not contain a silver bullet”....
...Its revenues increased 27 per cent last year and the group is building 25 new clubs, expanding its footprint by about 20 per cent....
...The Treasury said the government had introduced measures to speed up court cases and had recruited 20,000 new police officers....
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