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Peltz’s Trian Fund may push for changes at mutual fund Legg Mason

5 days ago DieselGasoil Comments Off on Peltz’s Trian Fund may push for changes at mutual fund Legg Mason
NEW YORK (Reuters) – Nelson Peltzs’ Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has targeted the mutual fund company. FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. Read More

Carrefour and TerraCycle launch ‘Loop’ test in Paris to tackle waste

6 days ago DieselGasoil Comments Off on Carrefour and TerraCycle launch ‘Loop’ test in Paris to tackle waste
PARIS (Reuters) – French retailer Carrefour and U.S. waste recycling company TerraCycle launched on Tuesday the test for their ‘Loop’ initiative which they hope will tackle the problems of plastic waste threatening to destroy the environment. FILE PHOTO: A Carrefour logo is seen on a Carrefour Hypermarket store in Toulouse, France, March 20, 2019. REUTERS/Regis Read More

Cevian Capital says Thyssenkrupp needs fundamentally new direction

1 week ago DieselGasoil Comments Off on Cevian Capital says Thyssenkrupp needs fundamentally new direction
FRANKFURT (Reuters) – Activist investor Cevian Capital on Friday said Thyssenkrupp urgently needed a fundamentally new direction after the company announced abandoning plans to hive off its steel business and split up the rest of the conglomerate. “There can be no historical or political taboos any longer if Thyssenkrupp wants to sincerely tackle underperformance and Read More

Thyssenkrupp rips up failed split plan, to list elevators in fresh revamp

1 week ago DieselGasoil Comments Off on Thyssenkrupp rips up failed split plan, to list elevators in fresh revamp
FRANKFURT (Reuters) – Thyssenkrupp said it would embark on a fresh restructuring and list elevators, its most successful business, on Friday as regulatory opposition scuppered plans to hive off its steel division, unravelling a wider revamp. FILE PHOTO: A logo of ThyssenKrupp AG is pictured outside the ThyssenKrupp headquarters in Essen, November 23, 2017. REUTERS/Thilo Read More

In Canada, a little-known drug regulator shows its teeth

2 weeks ago DieselGasoil Comments Off on In Canada, a little-known drug regulator shows its teeth
TORONTO (Reuters) – A tiny, little-known government agency is ramping up regulation of Canada’s Pharmaceutical industry, seeking to rein in prices for patented drugs that are among the highest in the world, according to industry sources and a Reuters analysis of government data. FILE PHOTO: A pharmacist counts pills in a pharmacy in Toronto, Ontario, Read More

The Next Big Solution Could be Discovered at Inventures 2019 in Calgary

2 weeks ago DieselGasoil Comments Off on The Next Big Solution Could be Discovered at Inventures 2019 in Calgary
Calgary, Alberta, May 02, 2019 (GLOBE NEWSWIRE) — Thirty brilliant finalists from around the world will compete in the international pitch competition at Inventures2019, June 5-7, in Calgary, Alberta. “Each of the finalists is unique and is advancing technology that could be world-changing,” said Alberta Innovates CEO Laura Kilcrease. “Inventures is becoming the hotbed for Read More

SHARC Energy Strengthens Board of Directors with the Appointment of Olga Ilich

3 weeks ago DieselGasoil Comments Off on SHARC Energy Strengthens Board of Directors with the Appointment of Olga Ilich
VANCOUVER, British Columbia, May 02, 2019 (GLOBE NEWSWIRE) — Sharc International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or “the Company”) is pleased to announce that business and real estate executive Olga Ilich has consented to join the Company’s Board of Directors. Olga Ilich is the Founder and President of Suncor Developments Ltd. Read More

Brazil, Indonesia … Britain: Which country should move its capital next?

3 weeks ago DieselGasoil Comments Off on Brazil, Indonesia … Britain: Which country should move its capital next?
Indonesia is to relocate its sinking capital from Jakarta at a cost of $33bn. It says the measure is necessary, but such moves are rarely just practical. Can moving capitals work, or is it just a money pit for vain politicians? Also on rt.com Abandon ship! Indonesia plans to move capital city as it is Read More