As Valerie Baudson takes charge today as chief executive officer of Amundi, Europe’s biggest asset manager, she says pressure on margins from low interest rates, intensifying competition from rivals like BlackRock Inc. and the development of passive management will be among her biggest challenges.
Tag : Bloomberg
Activist investor Starboard Value has nominated a minority slate for the board of Box Inc. that will pit its nominees against Chief Executive Officer Aaron Levie and two other directors seeking re-election this year.
The National Rifle Association, long a feared power broker, will learn its fate next week in a court ruling that could hobble the gun rights group and imperil the three-decade reign of its controversial boss, Wayne LaPierre.
Patrick Soon-Shiong said he and his paper have a unique role to play amid a surge of attacks against Asians.
The European Union and India are set to resume long-stalled talks on a free trade deal in an effort to strengthen their economic cooperation in the face of an increasingly assertive China.
Britain will permit relatively open leisure travel to just 12 nations and territories including Portugal as it seeks to restart tourism while keeping control over the coronavirus pandemic.
Colombia warned Argentina against interfering in its internal affairs in a diplomatic row over the ferocity of the police response toward Colombian demonstrators.
It started with a safari in Africa.
Spain backed a U.S. proposal to waive intellectual property rights for coronavirus vaccines, breaking ranks with Germany and complicating efforts by the European Union to form a common stance.
With the pandemic crimping sales, more merchants impose surcharges for plastic.
President Joe Biden stunned European allies and the pharmaceutical industry when his administration announced support Wednesday for international talks on waiving patent protections for Covid-19 vaccines, but there are signs he’s interested in a more modest compromise.
Beyond Meat Inc.’s sales in the first quarter missed Wall Street’s expectations as the maker of plant-based meat substitutes grappled with lingering slowdowns and closures of restaurants, stadiums and campuses that account for a significant portion of its business. The shares fell in late trading.