SK Hynix, a major memory chip maker, surged over 200% on the Seoul exchange this year and listed its depositary receipts on Nasdaq on Friday, raising about $26.5 billion in what is expected to be the …
London has become Europe's shareholder activism capital, accounting for 57% of all European campaign activity in the first half of the year, a 46% rise from last year. Investors are pressuring firms o…
British American Tobacco announced plans to cut 5,500 jobs and outsource 3,500 more by year-end, affecting 19% of its global workforce, as part of a streamlining initiative called Fit2Win that leverag…
Allianz GI chief executive Tobias Pross warned investors against over-reliance on public AI chatbots like Claude for portfolio management, arguing it leads to identical outcomes akin to passive invest…