The UK’s boardroom regulator has finalised sweeping changes to Britain’s corporate-governance rules in an attempt to stamp out short-termism in business culture.Bonuses paid as shares to listed companies’ top brass must now be held for at least five years under the first big revamp of the 25-year-old corporate...
David Sheppard, Energy Editor July 16, 2018 Print this page One of the world’s most influential oil consultancies has forecast that global oil demand will peak within 20 years, as a “tectonic” shift in the transport sector towards electric cars and autonomous vehicles gathers pace.Wood Mackenzie, which works closely with companies...
Schnorr is coming... In fact, the bitcoin upgrade arguably took its most significant step yet toward implementation last week when influential developer Pieter Wuille unveiled a draft outlining its technical makeup. With the release, the idea, one that's been in the works by bitcoin developers for years, is one step...
As long as workplaces have existed, so has workplace sexual harassment. But as a problem that companies have to manage, sexual harassment “started” in the 1980s in the US when judges ruled it could be prohibited under existing civil rights legislation.The Financial Times first used the phrase “sexual...
When Gavin Darby last stood for re-election as chief executive of the UK’s Premier Foods, he won a Soviet-style 99.46 per cent endorsement.One year on, the situation is rather different. At Wednesday’s annual meeting, he faces a very capitalist revolt from two of the company’s largest shareholders, which...
The French central bank has turned up the pressure on hundreds of British payment providers and digital finance companies that have customers in France by asking them for details of their Brexit contingency plans.The move — the first time such a request has been made by an EU...
Kiran Stacey in New Delhi July 16, 2018 Print this page The first thing that comes into view as the camera pans up from the bottom of an austere tower block is the shape of a dog. “Do you believe in God?” asks the voiceover as the animal tumbles downwards. As the...
I’m living with the brand,” David Furnish says, smiling. “I understand what the brand is doing on a day-to-day basis. In advertising we used to say, know your client’s business better than they do. Well, I think I’ve ticked that box.”We are in one of the homes he...
Uncertaintly chilling effect in boardroomsMcDonnell targets rail, water, energy and Royal MailLabour up to 5 points ahead in latest pollsJeremy Corbyn’s pledge to take privatised companies back into public ownership is deterring UK utilities from investing in their businesses, the vice-president of the CBI has warned.Paul Drechsler, who...
American Express is on the hunt for better ways of proving when transactions occur and a new patent filing suggests the financial services giant may be looking at blockchain as part of a possible solution. In a patent application released by the U.S. Patent and Trademark Office last week,...