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Energy sector's COVID recovery turns into massive CEO payday
Energy sector's COVID recovery turns into massive CEO payday
By Tim McLaughlin The CEOs of America’s biggest oil companies were paid a lot more in the first
2023-06-05 18:27
China’s Sinking Markets Heap Pressure on Xi to Deliver Stimulus
China’s Sinking Markets Heap Pressure on Xi to Deliver Stimulus
Chinese authorities are facing pressure to back up their reassuring rhetoric on the economy with more substantive action.
2023-07-07 10:19
Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates
2023-10-11 21:27
The Standard Promotes Dickson Kasamale to Second Vice President of IT Finance and Analytics
The Standard Promotes Dickson Kasamale to Second Vice President of IT Finance and Analytics
PORTLAND, Ore.--(BUSINESS WIRE)--Aug 7, 2023--
2023-08-07 21:26
DBS, Citi’s Banking Services Resume After Data Center Disruption
DBS, Citi’s Banking Services Resume After Data Center Disruption
DBS Group Holdings Ltd. and Citigroup Inc. said banking facilities have resumed following a disruption on Saturday that
2023-10-15 12:26
Exclusive-Deutsche Bank tells investors some of their Russian shares are missing
Exclusive-Deutsche Bank tells investors some of their Russian shares are missing
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK Deutsche Bank has told clients it can no longer guarantee
2023-06-26 14:24
Regulator must hold football to account over discrimination, says CMS committee
Regulator must hold football to account over discrimination, says CMS committee
Football must be held accountable for how it tackles discrimination by the new independent regulator, a key parliamentary committee has said. In the week where an independent report found evidence of “deep-rooted” discrimination in cricket, the Culture Media and Sport (CMS) committee insists football cannot be relied on to get its own house in order on equality, diversity and inclusion (EDI). It called for EDI measures to be included in a new code for football governance, and for the regulator to have powers to mandate and assess EDI action plans put together by clubs. The Government is committed to legislating for an independent regulator for English football (IREF), with Sports Minister Stuart Andrew telling supporters in Manchester last weekend that it would be one of the first bills to progress after the King’s Speech in the autumn. However, the Government said in its white paper on football governance published in February that it did not believe EDI matters should fall within the immediate scope of the regulator, something which frustrated anti-discrimination charity Kick It Out, particularly given the fan-led review had recommended EDI be in the regulator’s remit. The CMS committee says it is “sceptical” football will come up with suitable collective standards by itself, given the “limited progress” it has observed. A report from the committee, which recommended the Government set up the regulator in shadow form by the end of the year, stated: “We are concerned that the Government has ignored recommendations to include EDI Action Plans for clubs and oversight of these plans within IREF’s remit. “We believe that IREF would be well placed to receive and publish standardised data on compliance with EDI requirements in football, as well as monitoring and enforcing compliance with equality standards through EDI Action Plans. “We recommend that the Government should give IREF the authority to mandate EDI Action Plans as part of its threshold licence conditions for clubs. Clubs’ performances against these Action Plans should be assessed regularly by IREF as part of its routine licence reviews.” Kick It Out chief executive Tony Burnett welcomed the committee’s recommendation and added: “Football has dragged its heels for too long when making the change needed to make it a more welcoming sport. “There is still a lack of diversity in boardrooms, coaching and refereeing, while players and fans suffer from discrimination from the professional game down to grassroots. There has been progress, but a lack of collaboration and few solid outcomes over the past decade mean it’s time for the process to be accelerated. “That is why we endorse the recommendations, already made in the fan-led review, that EDI measures are included in the new Code for Football Governance, and that action plans are part of a club’s licensing conditions. “Placing equality, diversity and inclusion at the heart of football’s governance will help the game grow, therefore safeguarding it for future generations.” The Government will hold roundtable meetings over the coming months to drive forward EDI initiatives across the football pyramid as it continues to engage with the FA, leagues, fan representatives and civil society organisations. The regulator should also set “substantially higher” fan engagement standards rather than accepting existing Premier League standards as the baseline, the committee said. Football’s authorities were also warned to “get their act together” on a new financial agreement between the Premier League, the EFL and the FA, with the new regulator set to be given backstop powers to impose a solution via arbitration if one cannot be reached amongst themselves. However, the PA news agency understands talks over the ‘New Deal For Football’ are progressing well, with regular talks taking place between the three bodies. Read More Football rumours: West Ham delay Declan Rice deal as Pau Torres set for Villa I’d give my other ACL for England to win the World Cup – Leah Williamson Liverpool share first view from very top of new Anfield Road stand Football rumours: West Ham delay Declan Rice deal as Pau Torres set for Villa I’d give my other ACL for England to win the World Cup – Leah Williamson Liverpool share first view from very top of new Anfield Road stand
2023-06-30 14:59
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again
2023-08-14 11:56
Carrier JSX to Cut Austin Flights in Blow to Commuters
Carrier JSX to Cut Austin Flights in Blow to Commuters
JSX Inc., a small carrier that offers private-jet style travel at close to commercial-jet prices, will cut nearly
2023-09-20 08:15
Vietnam’s SBV Tackling Multiple Challenges to Steady Economy
Vietnam’s SBV Tackling Multiple Challenges to Steady Economy
Vietnam’s central bank is facing conflicting economic priorities, a top policymaker said, citing the authority’s abrupt pivot from
2023-05-10 11:22
Three plead not guilty to insider trades before Trump Media deal
Three plead not guilty to insider trades before Trump Media deal
By Jody Godoy A Florida venture capitalist, his brother and an employee accused of insider trading before a
2023-07-21 02:26
Credit Suisse Wealth Staff Told to Prep CVs for Management Roles
Credit Suisse Wealth Staff Told to Prep CVs for Management Roles
Credit Suisse has told its wealth staff to brush up on their resumes and personal development plans ahead
2023-07-04 13:27