ROME — Italy plans to set aside 150 million euros ($169.91 million) to compensate those suffering side effects from COVID-19 vaccinations, a draft decree seen by Reuters showed on Friday.
Declining price-to-earnings ratios suggest stocks are more attractive now. But that indicator isn’t all that useful, according to research.
A former top lobbyist for pharmaceutical giant Eli Lilly & Co accused a high-ranking executive and another senior manager of engaging in sexual discrimination, harassment and retaliation against women in
HOUSTON — Occidental Petroleum Corp will tie results achieved in the company’s low-carbon business to its chief executive’s cash bonus this year, the oil and gas producer said in a
In the U.S. alone, sales of preowned private jets climbed nearly 10% in 2020 from 2019 levels, with 1,637 jets sold in the country, according to analysis from broker Colibri
The American Petroleum Institute, the largest fossil-fuel lobby, is joining the call for pricing carbon as a way to lower U.S. emissions and slow global warming, a shift for the
UBS Group’s business in the Americas is weighing some workplace changes following feedback from employees on issues such as diversity, job flexibility and community engagement. The bank is seeking to
LONDON — Britain’s Nationwide Building Society and Santander UK have become the latest banks to take an axe to their office space, cementing remote working arrangements put in place during
AMSTERDAM — Philips NV, the Dutch maker of healthcare equipment, said on Thursday it will sell its household appliances arm to Hillhouse Capital of China for 3.7 billion euros ($4.37
FRANKFURT — Buyout firm EQT is preparing to launch the sale of German energy services firm Getec after the summer break and has mandated an investment bank to oversee the
(Bloomberg) — Daniel Kirchert, the former chief executive officer and co-founder of EV startup Byton Ltd., is considering joining China Evergrande New Energy Vehicle Group Ltd., according to people familiar
SEOUL — A court hearing in a trial involving Samsung Electronics vice chairman Jay Y. Lee has been postponed to April 22, court records showed, with South Korean newspapers saying
Some 60 of the world’s largest commercial and investment banks have in total put $3.8 trillion into fossil fuels from 2016 to 2020, the five years after the voluntary Paris
LONDON — Britain’s Nationwide Building Society has told all its 13,000 office-based staff to work from anywhere in the country, in one of the clearest signs yet firms are making
SYDNEY — New Zealand’s banking regulator said on Wednesday it has ordered two reviews relating to risk governance at Westpac Banking Corp’s local unit after finding the lender was in
The Reserve Bank of New Zealand on Wednesday raised concerns around risk governance processes in Westpac’s unit in the country and has asked the lender to commission two independent reports
OSLO — Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its justice minister told parliament on Tuesday. Read More
The Securities and Exchange Commission has charged John W. Fisher with selling more than $8.5 million of unregistered securities and earning $329,000 in commissions despite not being licensed as a
By Victoria Waldersee and Silvia Aloisi (Reuters) – The 15 largest listed fashion companies are lagging behind when it comes to meeting the social and environmental targets of the Paris
Apollo Global Management Inc co-founder Leon Black has left his executive positions at the private equity firm, a move that caps a series of corporate governance changes triggered by a
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