‘Great Resignation’ sees more companies offer equity to staff Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced “GreatResignation”, a survey showed on Wednesday. Global Equity Organization (GEO), a not-for-profit body tracking global share plans and executive compensation, said 25 percent of North American companies and 22 percent of European firms surveyed said they […] April 27, 2022
Media & Advertising Advertisers unfriend as Facebook owner heads for dismal quarter Facebook-owner Meta Platforms is expected to report its slowest quarterly ad revenue growth in a decade on Wednesday, as businesses pull back on ad spending against the backdrop of soaring inflation worldwide and the war in Ukraine. Global advertising and marketing budgets will be strained further if the Ukraine crisis drags on in the coming […] April 26, 2022
Energy US energy secretary says oil, gas output will continue to increase The US Energy Secretary said on Monday US oil and gas production is rising and will continue to rise to make up for the 1 to 1.5 million barrels of oil per day that has been pulled off the market in the wake of Russia’s invasion of Ukraine. Jennifer Granholm told CNBC the boost in US oil […] April 25, 2022
Turtle Beach explores options to defend against hedge fund Turtle Beach Corp is looking at strategic alternatives including a possible sale, the company said, as it seeks to defend itself against a hedge fund which is seeking to replace all of the gaming equipment company’s six board members. Investment advisory firm Donerail Group and Turtle Beach have both made regulatory filings urging the company’s […] April 25, 2022
UnitedHealth to sell claims business for $2.2bn UnitedHealth Group has agreed to sell Change Healthcare’s claims editing business for $2.2 billion in a move some analysts say could ease regulatoryhurdles in the way of an $8 billion merger between the healthcare companies. Earlier this year, the U.S. Department of Justice (DoJ) sued to stop the acquisition for giving UnitedHealth access to competitors’ data, forcing the companies to […] April 25, 2022
U.S. asset freezes worsen Afghan women’s suffering The United States, as well as the Taliban authorities, is contributing to the suffering of women in Afghanistan through asset freezes, U.N. independent experts said on Monday. The United Nations and foreign governments, including Washington, have condemned moves by the Taliban to backtrack on women’s rights commitments such as on girls’ education in the months […] April 25, 2022
Markets Aid groups push to feed Yemen’s hungry millions during Ramadan ceasefire A two-month ceasefire has given aid groups a chance to step up aid to Yemen’s hungry millions, but malnutrition ravaging children is projected to worsen if fighting returns or humanitarian funding does not pick up. “The benefits of the first weeks of truce are already significant,” said Erin Hutchinson, Yemen Director for the Norwegian Refugee […] April 22, 2022
