Shareholders should decide executive pay, says European Commission
Shareholders should decide executive pay in a binding vote, the European Commission proposes as part of a package to increase shareholder power and democratize...
Toyota recall involving 6.4 million cars
A Toyota recall involving 6.4 million cars has been announced by the world’s largest automobile maker. Nearly half of them (3.4 million) need a...
US business travel forecast to surge
The US business travel forecast by the Global Business Travel Association (GBTA) sees a continued surge in 2014, despite abnormally harsh winter weather conditions...
Global growth forecast 2014 improves, IMF
The IMF’s global growth forecast for 2014 improved to 3.6%, compared to 3% for 2013. The IMF (International Monetary Fund) predicts that global GDP...
Japanese Australian trade deal agreed
A Japanese Australian trade deal has been agreed which includes lowering tariffs on the importation of key products, the governments of the two nations...
Actos six billion dollar damages order
Takeda Pharmaceutical has been ordered to pay $6 billion in punitive damages by a Louisiana jury over claims it had deliberately concealed cancer risks...
GSK Iraq investigation of improper conduct
A GSK Iraq investigation is underway, the British pharmaceutical giant announced Monday, less than a year after a probe into improper conduct in China....
New mortgage rules undermine availability of credit
A survey by the American Bankers Association (ABA) revealed that the new mortgage rules (Dodd-Frank regulations) restrict the availability of credit, with 80% of...
Champions League Nissan sponsorship deal
A Champions League Nissan partnership deal has been agreed between the Japan's second biggest carmaker and UEFA (Union of European Football Associations). The Champions...
Chinese economic forecast trimmed down
The World Bank’s Chinese economic forecast for 2014 has been reduced from 7.7% to 7.6%. The World Bank describes China’s first quarter of 2014...