corporate
Ahead of June's vote, Euronews asks MEP candidates and EU citizens what their priorities are for the European Parliament elections. This episode focuses on businesses and taxation. Stay tuned as Euronews will publish more statements every day.
Euronews (English)
New York (AFP) - ExxonMobil shareholders overwhelmingly reelected the oil giant's board Wednesday, the company said, endorsing its hardball tactics in confronting climate activist investors. The company's 12 nominees won an average of 95 percent of votes cast, ranging from 87 percent to 98 percent, ExxonMobil said in an email to AFP. The vote followed criticism of the American multinational's lawsuit against two activist groups that had sought to direct the company to accelerate emissions reductions. The bullying tactics had drawn sharply-worded rebukes from Norway's sovereign wealth funds and...
AFP
By John BIERS New York (AFP) - Les actionnaires d'ExxonMobil vont avoir l'occasion lors de leur assemblée générale mercredi de montrer ce qu'ils pensent de la manière forte avec laquelle le géant américain du gaz et du pétrole a réagi aux récentes contestations liées au changement climatique. Le groupe, qui n'affiche aucun remord à investir dans l'industrie pétrolière malgré l'impact sur le climat, a en effet adopté une posture plus combattive que les années précédentes pour cette édition, qui va se dérouler en distanciel. Il a lancé des poursuites contre deux groupes d'actionnaires -- l'ONG F...
AFP (Français)
The EU is on the cusp of saying goodbye to the current leadership in the European Commission and European Parliament. This June, EU citizens will go to the polls to set in motion both the direct and indirect election of a new leadership structure. However, before they do that, EU member states are still agreeing on the final political goals which they have been working on for the past five years. One of the most significant of these goals was just quietly and efficiently signed off in a European Council meeting where EU ministers ticked the final political box and approved the EU’s Corporate S...
Euronews (English)
New York (AFP) - Boeing shareholders voted Friday to back outgoing CEO Dave Calhoun's pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny over safety problems. The company announced the preliminary vote results at its annual meeting, saying all 11 directors had been reelected and that shareholders backed Calhoun's planned $33 million compensation package. Advisory services firm Glass Lewis had urged shareholders to reject Calhoun's nomination, while Investor Shareholder Services (ISS) had recommended a "no" vote on Calhoun's compensation pac...
AFP
By John BIERS New York (AFP) - L'assemblée générale des actionnaires de Boeing a renouvelé vendredi le mandat de la totalité des membres du conseil d'administration, y compris celui du patron démissionnaire Dave Calhoun dont le paquet de départ de plus de 33 millions de dollars a également été approuvé. M. Calhoun, administrateur depuis 2009 et patron de l'avionneur depuis début 2020, doit quitter la tête du groupe d'ici la fin de l'année, emporté par des crises multiples liées à des problèmes de production et de contrôle qualité. Selon le président du conseil d'administration, Steve Mollenkop...
AFP (Français)
Ahead of European elections in June, Euronews asked voters to name one proposal they would implement if elected to the European Parliament, and questioned candidates about their pledges. Watch the video above to find out more.
Euronews (English)
European companies have been facing an increasingly difficult business environment, due to soaring inflation, as well as higher borrowing costs, as interest rates continue to remain uncomfortably high. As such, several companies across industries have had to halt or postpone projects, due to the cost of debt rapidly becoming unaffordable. This has also impacted capital investments and hiring. On the consumer side, increasing inflation has caused price rises across a variety of necessities and services. Surging interest rates have also bumped up the cost of mortgages, leaving consumers with les...
Euronews (English)
24 April marks an important day in the global fight for corporate accountability. That day in 2013 saw the Rana Plaza textile factory building collapse in Dhaka, Bangladesh, killing 1,134 workers. This catastrophe was the result of a system of corporate impunity that still exists to this day. A system in which multinational companies can organise and profit from the exploitation of workers in global value chains, without taking any responsibility for their safety and the violation of their rights. The Left demands justice for all victims of corporate crimes. This is why, five years ago, I prop...
Euronews (English)
Croatian retailers are displeased with a law that prohibits shopping on most Sundays, saying it is threatening small businesses and driving layoffs in a crucial sector of the economy. The Trade Law, which was passed last year, allows retailers to choose only 16 Sundays per year when they can open their stores. While unions seem to be satisfied with it, many entrepreneurs in wholesale and retail trade are not. The five large shopping centres in Zagreb say Sunday revenue tends to be higher, and that the non-working Sundays imposed this year could hurt them to the tune of €50 million euros. Owner...
Euronews (English)
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