Today: 5. Nov, 2024
Shares of New World Development, one of Hong Kong’s leading property developers, surged by 23% following the sudden resignation of its CEO, Adrian Cheng. Cheng, a founding family member, stepped down to focus on personal commitments and public service. This significant leadership…
Tesla directors have agreed to repay $735 million to the corporation to settle a lawsuit accusing them of grossly overpaying themselves. The settlement, one of the largest of its kind, was declared in a Monday filing in a Delaware court. The settlement…
John Allan, Tesco’s chairman, is set to resign in the face of controversy surrounding his behaviour. Allan, who formerly led the CBI business lobby group, has categorically refuted three out of four allegations levelled against him. Board member Byron Grote, Allan’s interim…
