Technology & Social Media Monthly archive

Aug 26, 2022
UK companies warm to hybrid AGMs, finds report by White & Case
While the majority of FTSE 350 companies have opted for a purely physical AGM this year, a sizable minority have selected a full hybrid meeting where both in-person and virtual attendees can take part in proceedings, according to new research. In a review of AGM arrangements published since January, 56 companies went for a hybrid AGM, compared with 94 that chose a physical meeting with no virtual engagement.  ...
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Aug 17, 2022
Inflation and war in Europe drive record first-half losses at Norway oil fund
Norway’s $1.3 tn Government Pension Fund Global – the world’s largest sovereign wealth fund (SWF) – reported a record loss of 1.68 bn kroner ($174 bn), as its return on investment for the first half of 2022 was -14.4 percent. Despite the record loss, the fund – widely dubbed the Norwegian oil fund – still beat its benchmark index by 1.14 percent, the equivalent of 156 bn kroner. On average, the fund holds 1.3 percent of all the world’s listed co...
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Aug 05, 2022
The week in investor relations: ‘Immoral’ oil profits, BlackRock to offer crypto to institutional investors and shareholder proposals up following SEC changes
– The Guardian reported on comments by António Guterres, the UN secretary general, describing the record profits of oil and gas companies as immoral as he urged governments to introduce a windfall tax, using the money to help those in most need. Speaking in New York, Guterres said the ‘grotesque greed’ of th...
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