By Isla BinnieNEW YORK (Reuters) - Even before U.S. President Donald Trump’s tariffs threw markets and companies into turmoil, global CEOs were already unhappy with the support they were getting from their boards of directors in navigating uncertainty, a survey showed on Monday.Just 22% of the corporate chief executives surveyed in late 2024 by the consultancy Spencer Stuart felt their boards we ...
By Jody GodoyWASHINGTON (Reuters) -Facebook parent Meta Platforms (NASDAQ:META) bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said at the beginning of a high-stakes trial in Washington on Monday, where U.S. antitrust enforcers seek to unwind the deals.FTC attorney Daniel Matheson said that the unlawful st ...
Investing.com -- China has outlined plans to continue the construction of coal-fired power plants until 2027, according to government guidelines released on Monday. These plants will be built in regions where they are required to meet peak power demand or to stabilize the grid.In addition to this, the guidelines also specify that newly built and upgraded coal plants should be capable of safely and ...
Investing.com -- The German government has recognized the federal competition regulator’s decision to allow UniCredit to acquire a larger share in Commerzbank (ETR:CBKG), according to a spokesperson for the economy ministry. This announcement was made on Monday, while Berlin reiterated its support for the independence of the German bank.Despite the approval, the government continues to oppose Un ...