Lawyers for US cancer sufferers challenge Bayer’s $7.25bn Roundup settlement deal
Lawyers representing US cancer patients are challenging Bayer's $7.25 billion settlement deal for Roundup. The challenge questions the adequacy of the settlement terms.
Why this matters: This could delay compensation for claimants and influence future corporate liability cases.
Public health advocates say more transparency needed in debate over illicit tobacco as industry links questioned
Public health advocates are calling for more transparency in debates over illicit tobacco, citing concerns about industry influence. They question links between the tobacco industry and policy discussions.
Why this matters: Increased transparency could lead to more effective public health policies and reduced industry interference.
Diageo slashes dividend and vows to address Guinness shortage in London
Diageo has reduced its dividend and committed to addressing Guinness shortages in London. The company is responding to supply chain challenges.
Why this matters: This may affect shareholder returns and product availability for consumers.
HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade
HSBC will distribute $3.9 billion in bonuses to its bankers, the largest payout in over ten years. This reflects the bank's recent financial performance.
Why this matters: This indicates strong compensation trends in the banking sector.
‘People yearn for stability’: the Thames Water sewage plant at frontline of its crisis
A Thames Water sewage plant illustrates the company's operational and governance challenges during its financial crisis. Local communities are affected by service disruptions.
Why this matters: Utility failures impact public health, environmental quality, and essential services for millions of customers.
Miner Glencore to give $2bn to shareholders despite profit slump
Miner Glencore plans to return $2 billion to shareholders despite a decline in profits. This decision reflects the company's capital allocation priorities.
Why this matters: It signals how companies balance shareholder returns against operational performance.
Goldman Sachs to drop race, gender and LGBTQ+ criteria from board evaluations
Goldman Sachs will remove race, gender, and LGBTQ+ criteria from its board evaluation process. The change follows legal scrutiny of diversity policies.
Why this matters: This may influence how other corporations structure their governance and diversity initiatives.
Car dealership tycoon ousted from his Kent company in ‘coup’, high court hears
A car dealership tycoon in Kent has been removed from his company following what is described as a coup, according to high court proceedings.
Why this matters: The case involves corporate governance disputes that may affect the company's management and operations.
Former Carillion chief fined by FCA for role in misleading investors
The former chief executive of collapsed construction firm Carillion has been fined by the UK's Financial Conduct Authority. The penalty relates to misleading investors about the company's financial health.
Why this matters: This demonstrates regulatory enforcement actions against executives for corporate governance failures that can harm investors.
Head of Dubai-based ports giant quits after Epstein links revealed
The CEO of a Dubai-based ports company resigned after documents revealed extensive email correspondence with Jeffrey Epstein. The executive had exchanged hundreds of emails with the convicted sex offender.
Why this matters: This shows continued corporate leadership consequences from associations with controversial figures, even years after their crimes.
Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs
Bank executives have received significant pay increases, returning their compensation to levels seen before the 2008 financial crisis. This reflects a recovery in financial sector compensation structures.
Why this matters: High executive pay can influence public perception of banking industry priorities and regulatory scrutiny.
Tony Blair’s oil lobbying is a misleading rehash of fossil fuel industry spin
Former UK Prime Minister Tony Blair's recent oil industry advocacy has been criticized as repeating fossil fuel industry talking points. The criticism highlights ongoing debates about energy policy influence.
Why this matters: High-profile lobbying can shape public discourse and policy decisions on energy transition.