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The new proxy war

In a state that claims to prize free enterprise and limited government, this new law in practice imposes a political gag order on investors, while shielding corporate management from scrutiny.
Bayer has cut more than one in 10 jobs since the launch of a sweeping restructuring programme aimed at streamlining decision-making and reducing layers of management.
Karol Nawrocki, Poland’s newly inaugurated rightwing president, has vowed to oppose Prime Minister Donald Tusk’s efforts to reform the judiciary, raising the prospect of an extended institutional ...
In all likelihood, this summer is Trump’s peak. Life for the US president goes downhill from here.
Having already written a prequel and several sequels to his scabrous 1993 debut, Irvine Welsh has returned once more to the adventures of Renton, Spud, Sick Boy and Begbie, like a habit he just can’t ...
“While the potential of AI is widely acknowledged, the scale of infrastructure investment and the operating capabilities required to support its growth remain under-appreciated. Trillions of dollars ...
The company’s share price has climbed more than 45 per cent in the year-to-date as investors have been buoyed by its ability to close significant deals in the robotaxi market. Uber launched its ...
Despite concerns of a US consumer slowdown, Disney’s Florida and California theme parks reported higher spending in the quarter to June. Operating income at Disney’s US parks rose 22 per cent to ...
Siemens Energy announced its “highest ever” quarterly order intake of €16.6bn, leading to the record overall backlog of €136bn. Bruch said robust orders were helping the company to offset the impact ...
As part of our guide to Los Angeles, we asked FT readers, colleagues, and Angelenos for their rules to the city: how to drive, what to see, what to skip, what makes LA special, what spots are not just ...
Fees generated by the firm’s global private equity business slipped less than 1 per cent. Carlyle’s success in exiting several large investments bolstered the unit’s so-called distributable earnings, ...
Growth in new pension risk transfer business at FTSE 100 insurer comes as Apollo and Brookfield increase presence in market ...