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Aerojet CEO backed by ISS in proxy fight

Bloomberg Aerojet Rocketdyne Holdings Inc Chief Executive Officer (CEO) Eileen Drake has received backing from the Institutional Shareholder Services (ISS) for her slate of candidates battling for board seats in a proxy fight with the US rocket-engine maker’s chairman. In a shareholder letter, Drake and three other independent directors said the ISS, a provider of proxy research and vote recommendations to the ...

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Russia war in Ukraine could last for years, says Nato chief

Bloomberg Russia said it hit military targets in Ukraine with sea-launched cruise missiles, including a strike on a planning meeting of Ukrainian commanders. The war in Ukraine “could last for years,” Nato Secretary General Jens Stoltenberg told Germany’s Bild am Sonntag, saying the military alliance “must not let up on supporting” Kyiv. The new head of the British Army said ...

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Australia’s Dutton says US can provide two nuclear subs by 2030

Bloomberg Australian opposition leader Peter Dutton reiterated his earlier claims that the US could provide Australia with two nuclear submarines by 2030, without providing material evidence that such a deal would occur. Speaking on the national broadcaster’s “Insiders” program Sunday, Dutton said he had visited counterparts in Connecticut and “spoken with them there” about acquiring the equipment, even though the ...

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