Cevian Capital calls for governance overhaul at Ericsson after Isis payments March 4, 2022 Swedish activist investor Cevian Capital has called for a governance overhaul at telecoms giant Ericsson after the firm was found to have made possible payments to terror group Isis. Shares in Ericsson have plunged over 25 per cent since boss Borje Ekholm conceded last month that the firm may have breached compliance rules and made [...]
Accounting bodies unite on nature March 4, 2022 The chief executives of 10 of the world’s leading accountancy institutes, including ICAS, have joined together to support a new call to action in response to the nature crisis, ahead of the upcoming UN Convention of Biological Diversity (CBD) COP 15. Working together as part of the Global Accounting Alliance (GAA), the CEOs are signing [...]
Russia blocks BBC after fierce Kremlin criticism and RT ban across Europe March 4, 2022 BBC Russia says there have been reports there are problems accessing its website in Russia. German public broadcaster Deutsche Welle reported, in Russian, that the BBC site was not working in Russia. According to a tweet posted by BBC Russian in Russian and translated into English, Meta (formerly known as Facebook) also appears to be [...]
Kremlin accuses BBC of being used to undermine Russia’s political stability March 3, 2022 The Kremlin made very some very serious accusations today as it said the BBC was being used to undermine the political situation in Russia. “The fact that Russian journalists are still at least somehow able to work in Britain is associated solely with London’s fears of jeopardising the position of the BBC radio and television [...]
Private Equity in EMEA: Big and bigger? March 3, 2022 M&A saw record-breaking levels across the globe in 2021. And PE activity in the EMEA region has been similarly spectacular. Will it last?
BBC kicks off 10-point impartiality review March 3, 2022 The BBC have announced that Sir Andrew Dilnot and Michael Blastland will chair and author the BBC’s editorial review into its taxation and public spending output.
Big Oil’s exit from Russia is finally a true confluence between profit and purpose March 3, 2022 In November last year, any company with enough money to stamp their name on the top of a letterhead was clamouring to prove they weren’t just in it to make money; they were good people too. The Cop26 climate change summit offered an opportunity for businesses of all stripes to issue press releases and host [...]
Healthcare doesn’t need to be disrupted, but it is ripe to be simplified through M&A March 3, 2022 Scaling a digital healthcare company in Europe is no easy task. From the complexities involving institutions in different countries to the regulations and insurance structures from region to region, the global healthcare market is especially difficult to navigate. Entrepreneurs are naturally ambitious, but in this arena that drive will only get you so far. To [...]
Russian miners ditched from FTSE 100 March 3, 2022 Polymetal and Evraz have been booted from the FTSE 100 after shares in both Russia-exposed miners suffered severe losses.
Are charities losing our trust and donations? March 3, 2022 The UK charity sector needs to rethink its foundations, writes Leah Montebello