Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

TOKYO – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway. The survey results come as Japan is seen to delay its target this year to raise the […]

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Hyundai Motor heir takes over from father after 20 years in waiting

SEOUL – Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday, cementing his succession from his octogenarian father in a move likely to give impetus to the world’s fifth-largest automaker’s push into electric vehicles and flying cars. In the first generational handover at the South Korean automobile giant in 20 years, Chung, 49, […]

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G20 to extend debt freeze for poorest nations, still wrangling over next steps

BRUSSELS/WASHINGTON/LONDON – The G20 group of major economies is poised to extend a multi-billion-dollar debt freeze for the world’s poorest countries to help them weather the coronavirus crisis, and may adopt a common approach to dealing with longer-term debt restructurings. Finance ministers and central bankers from China, the United States and other G20 countries mapped […]

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Investor Ubben warns more stocks vulnerable to social, environmental selling

BOSTON – Jeffrey Ubben, the former activist turned ethical investor, said on Tuesday that environmental, social and governance concerns will increasingly hit companies’ stock prices, just as climate change hurt oil and gas companies’ shares. Ubben, who retired from the $16 billion activist firm ValueAct Capital Management LP in June to start Inclusive Capital Partners […]

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