[ad_1] TOKYO, June 18 (Reuters) – Sumitomo Corp (8053.T) shareholders on Friday rejected a proposal requiring the trading house to align its business with global climate change targets in a…
Tag: MEET1
Walmart reiterates goal of doubling international gross merchandise in five years
[ad_1] BENTONVILLE, Arkansas, June 2 (Reuters) – Walmart (WMT.N) still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years,…
HSBC quashes Ping An-backed protest vote at annual meeting
[ad_1] BIRMINGHAM, England, May 5 (Reuters) – HSBC (HSBA.L) soundly defeated a bid to break-up the bank and spin-out its lucrative Asian business at its annual investor meeting in Birmingham…
HSBC defeats Asia spin-off proposal in AGM voting
[ad_1] LONDON, May 5 (Reuters) – Europe’s biggest bank HSBC defeated a resolution from Hong Kong-based shareholders and backed by major investor Ping An to potentially spin-off its lucrative Asia…
Caixabank’s new accounting standards cut 2022 lending income by 389 mln euros
[ad_1] MADRID, April 28 (Reuters) – Spain’s Caixabank (CABK.MC) on Friday said that the implementation of new accounting standards on its insurance business had a 389 million euro ($428.13 million)…
Petrobras approves new board, paving way for Lula’s strategies
[ad_1] RIO DE JANEIRO, April 27 (Reuters) – Shareholders of Brazil’s Petrobras (PETR4.SA) on Thursday approved new members of the state-run oil firm’s board of directors, a key step for…
Glass Lewis opposes re-electing Credit Suisse board’s risk chairman
[ad_1] ZURICH, April 13 (Reuters) – Proxy adviser Glass Lewis urgedCredit Suisse (CSGN.S) shareholders to oppose board member Andreas Gottschling’s re-election, on grounds that asrisk committee chairmanhe should be held…
Investors reject call for Australia’s CBA to stop fossil fuel funding
[ad_1] SYDNEY, Oct 13 (Reuters) – Commonwealth Bank of Australia (CBA.AX) investors on Wednesday overwhelmingly rejected a resolution calling for the lender to stop financing new fossil fuel projects, highlighting…
UBS hit by old toxic debt costs ahead of ‘hard’ Credit Suisse task
[ad_1] Problem debt dates back 15 years to financial crash UBS expects to close C. Suisse deal by 2Q, possibly May CEO warns of ‘hard’ task of integrating Credit Suisse…