(Reuters) -Proxy adviser Glass Lewis recommended investors cast advisory votes against the pay of top Goldman Sachs executives, citing the Wall Street bank’s "continued inability to align pay with performance" and retention grants that Glass Lewis called excessive.In a report sent late on Friday, Glass Lewis noted the combined $160 million in retention awards the bank gave to CEO David Solomon a ...
TURIN, Italy (Reuters) -Stellantis will buy credits from a "pool" led by Tesla (NASDAQ:TSLA) also in 2025, to meet European Union’s CO2 reduction requirements, despite Brussels giving carmakers three years to comply, the group’s Europe head said on Saturday.Carmakers facing tougher EU emissions rules this year agreed to pool their emissions and avoid hefty fines by having firms with lower elec ...
By Amy-Jo CrowleyLONDON (Reuters) - ING Groep (AS:INGA) met with Italy’s Banca Popolare di Sondrio (BIT:BPSI) in recent weeks as it seeks to grow in Europe through takeovers, a person with knowledge of the matter said. The early stage discussions were not advanced and may not proceed to an offer by the Dutch bank, the person said. ING and Sondrio declined to comment. A bid by ...
By Patricia Vilas Boas(Reuters) - Brazilian meatpacker JBS announced on Saturday that it will invest US$100 million to build two factories in Vietnam, aiming to expand its presence in Southeast Asia and strengthen its position in the global market.According to a statement from the company, the plants will produce beef, pork and poultry, and will mainly use raw materials imported from Brazil. The g ...