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Millennials and global consumers push U.S. companies to get political

Business Apr 3, 2021

Millennials and global consumers push U.S. companies to get political

by Ross Kerber and Jessica Dinapoli

Georgia's decision last month to strengthen identification requirements for absentee ballots drew condemnation from many U.S. companies this week, including Microsoft Corp. and Citigroup.

Investors press companies on human rights in Xinjiang

Business Mar 31, 2021

Investors press companies on human rights in Xinjiang

by Ross Kerber and Victoria Waldersee

The moves highlight the challenges for brands trying to maintain their business ties amid rising tensions.

Fear and reprisals: How Nissan crushed its Ghosn probe whistleblower

Business / Corporate Mar 30, 2021

Fear and reprisals: How Nissan crushed its Ghosn probe whistleblower

by Reed Stevenson and Brian Bremner

The firm's former top lawyer says he endured retaliation, demotions and surveillance of his family after questioning the integrity of the investigation.

Chinese apps join celebs in backlash against Western fashion brands over Xinjiang

Asia Pacific Mar 27, 2021

Chinese apps join celebs in backlash against Western fashion brands over Xinjiang

China's top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of forced labor in Xinjiang. H&M faced a public backlash in China when social media users in the country ...

H&M faces boycott in China over stance on treatment of Uyghurs

Business Mar 25, 2021

H&M faces boycott in China over stance on treatment of Uyghurs

by Elizabeth Paton

A similar statement from Nike was also attracting criticism on Wednesday, a sign that Western clothing manufacturers could face growing hostility in China.

Activist Toshiba shareholders score win with vote for independent probe

Business / Corporate Mar 18, 2021

Activist Toshiba shareholders score win with vote for independent probe

The landmark vote for an investigation into allegations of investors being pressured marks only the fourth time that a shareholder motion has won approval in Japan.

Myanmar faces wider business fallout after Kirin retreat

Asia Pacific Feb 13, 2021

Myanmar faces wider business fallout after Kirin retreat

by Faris Mokhtar, Philip J. Heijmans and Chanyaporn Chanjaroen

Companies and investors are weighing the impact of a military coup that has thrust the once-thriving nation into a state of emergency.

Tokyo bourse sets out sustainable investing pathway

Business Jan 6, 2021

Tokyo bourse sets out sustainable investing pathway

by Yuka Nakao

Tokyo Stock Exchange Inc. and its parent company have made available a handbook to assist listed firms identify, track and disclose their ethical credentials.

Brave new world of ESG bonds can sometimes leave investors cold

Financial Markets Nov 26, 2020

Brave new world of ESG bonds can sometimes leave investors cold

by Ayai Tomisawa

A new type of bond that penalizes issuers for failing to meet social and environmental goals is raising concern that buying the debt may not be all that ethical.

Toshiba shareholder 3D Investment wants independent probe into AGM vote

Business / Corporate Aug 14, 2020

Toshiba shareholder 3D Investment wants independent probe into AGM vote

A major investor in Toshiba Corp. has called for a third-party investigation into the conglomerate's annual shareholders meeting, saying its vote was not fully recognized in a potential breach of governance. The demand from Singapore-based 3D Investment Partners is likely to sharpen scrutiny of the ...

Japan Post gets proposal to cut 10,000 jobs amid falling revenue

Business Mar 25, 2020

Japan Post gets proposal to cut 10,000 jobs amid falling revenue

Japan Post Holdings Co. has received a proposal by a group company to cut 10,000 jobs, as the scandal-hit company seeks to offset deteriorating earnings in the financial business by slashing labor costs, a source close to the matter said Monday. Japan Post Bank Co., ...

Over 1,400 Japan Post workers improperly sold insurance products, probe finds

Business / Corporate Feb 28, 2020

Over 1,400 Japan Post workers improperly sold insurance products, probe finds

The Japan Post Holdings Co. group said Thursday it had confirmed Japan Post Insurance Co. products were sold improperly by 1,447 post office workers. An in-house investigation conducted through Feb. 19 also found sales clerks committed a total of 1,761 violations of the law or ...

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