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07 January
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BlackRock raps board of world’s biggest glove maker over worker safety By Reuters

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KUALA LUMPUR (Reuters) - The board of directors of Malaysian firm Top Glove Corp, the world's largest maker of medical grade gloves, has failed egregiously in protecting its workers from COVID-19, U.S. investor BlackRock (NYSE:BLK) said, calling for its removal. The comments from the world's biggest asset manager come after Top Glove saw an extensive coronavirus outbreak among its workers late...

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07 January
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Stocks higher as Washington chaos fails to dislodge recovery bets By Reuters

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By Imani Moise NEW YORK (Reuters) - Asian stocks perked up on Thursday as investors remained confident that violence in Washington would not disrupt a legitimate transition to a new presidency or derail political support for a U.S. economic recovery. Wall Street had given up early gains on Wednesday after supporters of President Donald Trump stormed the legislative building, disrupting the congressional...

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07 January
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Bank lending to plastics industry faces scrutiny as pollution concerns mount By Reuters

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By Matthew Green LONDON (Reuters) - Banks have provided $1.7 trillion of finance to 40 companies in the plastics supply chain without imposing any requirements to tackle plastic pollution pouring into the world's rivers and oceans, according to a report published on Thursday. With European and U.S. banks increasingly spurning the most polluting fossil fuel projects to help slow climate change, campaigners...

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07 January
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Corporate group urges officials consider Trump’s removal ‘to preserve democracy’ By Reuters

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By David Shepardson and Diane Bartz WASHINGTON (Reuters) - The head of a major U.S. business group that represents 14,000 companies including Exxon Mobil Corp (NYSE:XOM), Pfizer Inc (NYSE:PFE) and Toyota Motor Corp urged senior U.S. officials to consider removing President Donald Trump from office after supporters of the outgoing president stormed the U.S. Capitol. National Association of...

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07 January
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Fujifilm says will invest $2 billion in new large-scale cell culture production site in U.S. By Reuters

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TOKYO (Reuters) - Fujifilm Holdings Corp said on Wednesday it will invest $2 billion to establish new large-scale cell culture production site in the United States. The new plant will help accelerate growth of the Japanese company's biopharmaceutical contract development and manufacturing business (CDMO), Fujifilm said in a release. The new site will be built near an existing Fujifilm site with production...

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07 January
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Prominent activist investors post record 2020 returns despite pandemic-muted activity By Reuters

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By Svea Herbst-Bayliss BOSTON (Reuters) - Some investors including William Ackman and Glenn Welling, who push corporations to perform better, posted record-breaking returns in 2020 when activist investors generally backed off demands during a year marked by wild and unexpected business conditions. Ackman's publicly traded Pershing Square (NYSE:SQ) Holdings fund rose 70.2%, marking the best-ever return at his 16-year-old firm Pershing Square...

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07 January
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Sales of battery-electric vehicles in Germany triple in 2020 By Reuters

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FRANKFURT (Reuters) - Sales of battery-electric vehicles in Germany increased three-fold to more than 194,000 units in 2020, the country's road-traffic regulator said on Wednesday, citing the appeal of a more diversified product offering and of more reliable technology. "E-mobility has become a mainstream feature of the mobile society," the president of German regulator KBA, Richard Damm, said in a statement. Since...

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07 January
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U.S. to urge firms comply with China investment ban in new guidance, sources say By Reuters

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By Humeyra Pamuk and Alexandra Alper WASHINGTON (Reuters) - The U.S. State Department plans to release as soon as Wednesday a fact sheet urging U.S. investors to comply with an executive order banning investments in alleged Chinese military companies, according to three people familiar with the matter and a copy of the document seen by Reuters. The executive order, released by...

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07 January
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Netflix raises monthly charges for UK subscribers By Reuters

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(Reuters) - Netflix Inc (NASDAQ:NFLX) on Wednesday raised subscription prices for millions of customers in Britain, as the video streaming giant invested heavily in local content such as "The Crown", "Sex Education" and "Top Boy". Netflix hiked the price of the popular two-screen standard subscription by 1 pound to 9.99 pounds ($13.60) per month and the premium subscription by 2 pounds to...

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