Trump drives historic shift of power from investors to boardrooms
Moves to curb proxy advisers and passive investment giants chip away at foundations of shareholder capitalism
Moves to curb proxy advisers and passive investment giants chip away at foundations of shareholder capitalism
Brazil’s Banco Master was one entrepreneur’s ticket to riches but collapsed last month amid allegations of a $2.3bn fraud
A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
“There is so much intrusion from all sides and corners,” a Sami reindeer herder tells me, reacting to a government decision to grant a mining permit in Gállok in the Sápmi region in Sweden’s far north.
Sápmi is the communal land of the Indigenous Sami people. Their land ranges through northern parts of Norway, Sweden, Finland and Russia.
Perceptions of a high-tax UK are wide of the mark. Steve Travelguide/ShutterstockHeadlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the parliament.
The dominant global financial position of the US and its currency, the dollar, is wobbling under the second Trump administration. AURA88 / ShutterstockThe US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times of uncertainty.
Greece’s seasonally adjusted (SA) GDP grew modestly in Q3, rising by 0.6 percent quarter-on-quarter (QoQ), from a downward revised 0.4 percent increase in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
Prime Minister Kyriakos Mitsotakis, whose government has repeatedly been accused of compromising the rule of law, has mounted a defence of his government’s record on justice reform, arguing that the system that is becoming faster, fairer and more credible.
Hearings that began Wednesday in Washington reflected anxiety over the future of the U.S.-Mexico-Canada trade pact and whether the president could end up scrapping it.
Readers told us how insurers are raising premiums and, in some cases, cutting back coverage, as climate change shakes up the real estate market.