Christian Klein was in his second year as chief executive of SAP SE in January 2021 when he addressed a staff meeting to field questions about the imminent launch of a new push into cloud computing. A staffer took Klein, …
Tesla Inc., whose Chief Executive Officer Elon Musk has criticized ESG for making little sense, said current ways of measuring environmental, social and governance issues are “fundamentally flawed.” In a 144-page annual report, the electric vehicle-maker said ESG ratings are …
This edition of International People Moves details appointments at Chubb Canada, insurtech MGA Loadsure and Lloyd’s re/insurer Canopius. A summary of these new hires follows here. Chubb Names Johnstone President of Canadian Operations as Alfieri Retires Chubb announced that Paul …
Dane County, Wisconsin officials are suing dozens of fire-fighting foam manufacturers alleging their products contaminated the area around the county’ airport. The Wisconsin State Journal reported that the county is seeking unspecified damages from dozens of companies, including DuPont, 3M …
The embattled director of the Oklahoma Tourism and Recreation Department resigned and the state filed a lawsuit against the operator of six state park restaurants. The actions come amid investigations by state lawmakers and the state auditor into a multimillion-dollar …
Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop. With just hours to go until the end of the subscription period for the …
The Minnesota Senate last week voted unanimously to create a framework for distributing about $300 million that the state is receiving as part of a settlement with opioid distributors and manufacturers. Counties and cities across Minnesota will be receiving a …
A federal lawsuit accusing the New Orleans city government of infringing on employees’ online free speech rights has been settled after the city revised its policy, according to court records. The Tulane University Law School’s First Amendment Law Clinic filed …
Italy’s top insurer Generali said on Friday it had completed the acquisition of a 25% stake in its Indian non-life insurance joint venture, increasing its holding to 74% after receiving regulatory and competition approvals. When it announced the deal in …
U.S. agricultural equipment maker AGCO Corp. said on Friday a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season. Georgia-based AGCO said in a statement …
