Keywords: Corporate governance
KPMG Australia has been temporarily barred from bidding on new government contracts as authorities investigate allegations linked to the misuse of confidential client information, according to the Australian Department of Finance. The suspension, which will last for several months, prevents the global......
Chinese investors linked to Pirelli's largest shareholder have launched legal challenges against restrictions imposed by the Italian government under the country's strategic investment protection framework. The dispute centers on measures introduced through Italy's "golden power"......
Shares of Italian tyre manufacturer Pirelli came under pressure on Thursday after U.S.-based investment research firm Grizzly Research announced that it had taken a short position in the company and questioned the extent of its exposure to the Russian market. The development triggered a sharp reaction......
Norwegian energy company Equinor has announced a proposed change in its board leadership, marking a new chapter in the governance of one of Europe’s most influential energy groups. The company’s nomination committee has recommended Jarle Roth as the next chair of the board, following the......
Shareholders of Exxon Mobil Corp have approved the company’s plan to relocate its legal headquarters to Texas, marking a significant victory for the energy giant amid ongoing debates over corporate governance and investor influence. The decision follows recommendations from major proxy advisory......
Shareholders of Chevron voted against a proposal that would have required the company to appoint an independent chairperson separate from the chief executive officer role. The decision was announced during the company’s annual shareholder meeting in Houston. The proposal aimed to separate the......
Moroccan healthcare group Akdital has announced that shareholders will meet during an Ordinary General Assembly scheduled for June 19 in Casablanca to discuss several governance-related resolutions, including the appointment of new board members. According to the company, the board of directors has......
Activist investor Aspex Management has increased its stake in German food delivery company Delivery Hero to around 15%, strengthening its influence over the company and increasing pressure on Chief Executive Officer Niklas Oestberg. The move follows the purchase of a 5% stake from technology investment......
CFG Bank has announced a significant leadership change following the decision of Souad Benbachir Hassani to step down from her position as Deputy Chief Executive Officer. During a meeting of the bank’s Board of Directors, chaired by Adil Douiri, Benbachir informed members of her intention to end......
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