Corporate Governance

By Charlie Helps | Setting the pace with the latest trends and news in Corporate Governance and Social Responsibility. Daily Corporate Governance and CSR news: http://paper.li/ToGovern Twitter: http://twitter.com/ToGovern #CorpGov #ToGovern #CSR #Risk

Theresa May reveals her shoes are the 'greatest love' of her life and that she dislikes her nose

Theresa May has said her shoes are the "greatest love" of her life and that she dislikes her nose, in a revealing personal interview with a local magazine.<p>The Prime Minister confessed that her shoes were here "greatest extravagance" and that her motto for life is 'Don’t let the b******* get you …

Conservative Party

Airbus faces SFO corruption inquiry

Criminal investigation into allegations of fraud, bribery and corruption in passenger jet business

Airbus

Directors’ Watchlist

Charlie has been serving “free to air,” hand-selected content on corporate governance, Corporate Social Responsibility, risk, sustainability, …

by | | Articles<p>Following the referendum vote to leave the EU, the UK Financial Conduct Authority released a statement confirming that companies must …

Oil prices plummet amid continued oversupply, with no end in sight

Oil may be a precious and dwindling resource, but at the moment, at least, it looks like we just have too much of it. Crude-oil prices are now at their lowest since early April, hit by continued oversupply, concerns about global demand and negative price sentiment by oil-market participants. And …

Finance (UK)

EU demands Britain pays pensions of 1,730 Eurocrats in wake of Brexit vote

A bitter clash is looming over who will foot the bill for paying pensions owed to thousands of British Eurocrats when the UK leaves the EU.<p>Brussels has estimated its pensions liability at €60 billion (£50.7 billion) for all retired and current officials, with annual payments currently at about €1.4 …

UK News

Brexit gives UK 'huge advantage' in trade deals, predicts car industry chief

Brexit presents “unprecedented” opportunities to seal trade deals that are beneficial to both the UK and foreign partners, according to the boss of Britain’s biggest car dealer.<p>Reporting steady gains in revenue and profit at the half-year stage, Pendragon chief executive Trevor Finn said although …

Automotive

A Set of Core Values Is What Makes Company Culture a Real Thing

Everyone wants to work for a company they believe in. We’ve all heard tales of startups trading a paycheck for shares in an effort to scoop up the best talent. Some companies have captured great employees for peanuts simply because they have something for people to believe in.<p>Even though many of …

Startups

Theresa May will soon have to decide which Brexit to take

It is now a month since Britain voted to leave the EU. By common consent, at home and abroad, it was a massive historical moment. The best of times for some. The worst of times for others. Some compared it to the fall of the Berlin Wall. Others to the defeat of Hitler. Yet with the exception of the …

Theresa May

The UK’s new PM has already clashed with Silicon Valley over her push for more surveillance powers

New UK prime minister Theresa May is not the best-known politician on the international stage. But she has already been in the global spotlight for a controversial surveillance bill, which united an unusual collection of organizations in opposition, from Silicon Valley corporate giants to …

Surveillance

This $2.8 billion startup gets all of its daily meetings done in 10 minutes

This morning I made another visit to the San Francisco headquarters of Pivotal— the $2.8 billion enterprise-software company backed by the likes of Ford, Microsoft, and GE — to meet some of the management team.<p>I arrived just in time for breakfast: Like I found out on my previous visit, Pivotal …

Startups

Fatal crash prompts federal investigation of Tesla self-driving cars

A letter from the National Highway and Transportation Safety Administration says that it is investigating all Tesla vehicles equipped with any version of its “Autopilot Technology Package” in the wake of a crash in May that killed a 40-year-old man.<p>The accident that killed Joshua Brown appears to …

Tesla

Executive pay back on the agenda after Brexit

The complexities of executive pay packets could move up the agenda following the EU referendum vote, as investors capitalise on Theresa May’s calls for companies to be more responsible citizens, a leading remuneration firm has said.<p>The new Prime Minister said in a speech this week that she wanted …

Executive compensation

First legal attempt to prevent Brexit set for preliminary hearing

The first legal attempt to prevent the prime minister initiating Britain’s withdrawal from the European Union is to be heard later this month.<p>A high court judge, Mr Justice Cranston, has set 19 July for a preliminary hearing of the judicial review challenge brought on behalf of the British citizen …

Law (UK)

Governance by good intentions fails time after time

The June 30 front-page article “Desperation, violence as supplies dwindle in Venezuela” should be required reading for those who voted for Sen. Bernie Sanders (I-Vt.) in his bid for the Democratic nomination for president and those Americans looking for recent evidence to debunk socialism.<p>In just …

Governance

Don't trust Chinese economic data? A new source is coming

<b>Hong Kong (CNN) —</b> If you're skeptical about China's official economic data, another option is on its way.<p>Chinese Internet giant Baidu is diving into the vast amount of data it collects in an attempt to give the world a clearer picture of the world's second-largest economy.<p>Baidu is China's leading …

Economic data

Controversial exports in German arms report: newspaper

Qatar and Saudi Arabia received controversial German arms exports worth several billion euros last year, according to a major Sunday newspaper. Germany's military sales as a whole nearly doubled compared with 2014.<p>According to the "Welt am Sonntag" (WamS) newspaper, a 180-page Economy Ministry …

Germany

There's about to be huge upheaval in the financial world

The UK has voted to leave the EU, and there is much still to be resolved.<p>One thing is certain, however: The investment-banking industry, and international finance more broadly, is likely going to change in a profound way.<p>The vote to leave the EU will not just affect where business is done, but what …

Finance (UK)

Who are California's top-paid CEOs?

Among the top executives of California’s biggest companies, the highest paid, Mark Hurd, works for a tech company in the San Francisco Bay Area.<p>So does the second best. And the fourth. And the fifth. Among the top five, Disney’s Robert Iger stands alone as the only CEO from outside of Silicon …

Does Your Business Model Look to the Future or Just Defend the Present?

Established industries aren’t ripped apart overnight. That takes time, though when momentum builds, change happens fast. How can incumbents manage through the monumental changes currently under way? One answer is to take a cue from pivotal technology companies leading the change.<p>Many of the …

The Future

German politicians propose offering young Britons dual citizenship

Senior German politicians have suggested offering dual citizenship to young Britons in a bid to keep the UK in touch with the EU.<p>Sigmar Gabriel, the German vice chancellor, said he would raise the issue of dual citizenship, which is generally forbidden in Germany for non-EU citizens, in the …

Germany

CEOs are getting more political, but consumers aren't buying it

Starbucks Chief Executive Howard Schultz has spoken out on gun control, race relations and the "cynicism, despair, division, exclusion, fear and yes -- indifference" in America today.<p>Facebook founder and CEO Mark Zuckerberg said at a developer conference this year that "I hear fearful voices …

Government faces worldwide hunt for trade negotiators, experts warn

The Government may have to look far and wide to find the legions of staff it needs for post-Brexit trade talks, as the civil service faces its greatest manpower crisis since the Second World War, experts have warned.<p>Locating the necessary expertise will be critical to the UK’s success, after the …

UK Politics

Shell urges continued free trade and free movement of people post-Brexit

Royal Dutch Shell has urged the UK to retain free trade and free movement of people with the EU in the wake of Brexit.<p>Ben van Beurden, the oil giant's chief executive, said it was not yet clear how Shell would be affected by Britain leaving the EU and he was concerned by the prospect of a period of …

Netherlands

Vote Leave admit 'there is no plan' for what happens next

The next Prime Minister must be a backer of Brexit, former Tory leader Iain Duncan Smith has said, as a number of leading Conservatives geared up to …

Michael Gove

BREXIT FALLOUT: JPMorgan and UBS both think London will lose its crown as the financial centre of Europe

JPMorgan and UBS both warned in separate notes this week that London is likely to see an exodus of finance jobs in the wake of the Brexit vote.<p>They join US rating agency Fitch and the cohead of Goldman Sachs' investment bank in warning that the City could see significant downsizing in the year's …

London

London Startups Are Considering the Threat of a British 'Techxit'

The tech sector accounts for around 10% of British GDP.<p>Britain’s tech start-up scene was having a bumper year in terms of new company creation, fresh funding and acquisitions by global tech players before voters decided to leave the European Union in Thursday’s referendum.<p>Now high-profile companies …

Venture Capital

US border authority seeks travellers' social media details

<b>Travellers seeking visa waiver entry to the US may soon be asked to list their social media profiles - if a Department of Homeland Security (DHS) proposal is enacted.</b><p>An update to application forms would ask users to identify what social networks they use and their "social media identifier" such as …