Board of Simon Henrys company DGL to review culture, top pay structure after sexist Nadia Lim comments

DGL Group says it will appoint an advisory firm to conduct a “thorough, independent” review of its culture after its chief executive, Simon Henry, called celebrity chef Nadia Lim “a bit of Eurasian fluff”. It also intends to review the company’s senior executive pay structure. The company’s remuneration committee would come up with a plan to implement “a balanced scorecard […]

Read more

China's PMI likely to show steeper factory activity decline in April – Reuters poll

BEIJING (Reuters) – The decline in Chinese factory activity likely steepened in April, a Reuters poll showed, as extensive lockdowns halted production and disrupted supply chains, boding ill for the economic outlook in the second quarter.FILE PHOTO: A worker works at Xunxi factory, which is an affiliate of Chinese e-commerce giant Alibaba, during a media tour, in Hangzhou, Zhejiang province, […]

Read more

Warren Buffett's 'Woodstock for Capitalists' a smaller affair after pandemic

OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway Inc will hold its annual shareholder meeting in person on Saturday for the first time since before the pandemic, but the extravaganza dubbed “Woodstock for Capitalists” is likely to see fewer people and pared-back events.FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from […]

Read more

Some Chinese state banks will cut deposit rates on Monday – sources

SHANGHAI (Reuters) – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters.FILE PHOTO – A man stands on a bank of the Huangpu river in Pudong, amid the lockdown in the Pudong area, to contain the spread of the coronavirus disease (COVID-19) in […]

Read more

Diana Clement: Scams are getting more advanced

OPINION: Scams appear to be exploding in New Zealand. I suffer daily calls from different numbers for crypto scams, Visa credit card and Spark scams, and most recently scams where you need to pay to release a fictitious parcel for delivery. Many of us know victims. What worries me more is not the scams we know about, but the ones […]

Read more
1 2 3 4 172