Recent Posts

UK corporate titans get extra time at top in virus crisis

Bloomberg Some of London’s most influential investors are giving UK companies extra time to find new board members because of the coronavirus crisis, potentially offering a group of long-standing chairmen an unexpected extension to their careers. Legal & General Investment Management (LGIM) will allow London-listed companies an additional 12 months to replace directors coming to the end of their recommended ...

Read More »

NPR cuts pay, benefits to secure jobs

Bloomberg National Public Radio (NPR) is cutting pay and benefits in a bid to “save jobs and support the future of NPR” after the coronavirus pandemic ballooned its projected losses to as much as $53 million over the next two years. Employees’ base pay will be reduced on a sliding scale of up to 9% through Sept. 30 and workers ...

Read More »

Zimbabwe fights famine, virus with little hope of aid

Bloomberg On April 2, Zimbabwean finance minister Mthuli Ncube wrote to the International Monetary Fund and other leading multilateral lenders pleading for help. More than half of the population needs food aid, the economy collapsed even before the impact of the global coronavirus pandemic and the country’s health service is in tatters, he said. To date, he’s had no response. ...

Read More »
Send this to a friend