A pledge by top CEOs to work for
more than shareholders drew criticism on Friday from investor
activists, who accused the corporate leaders of contradicting
their inclusive message by lobbying against social and
environmental reform efforts.
Struggling Italian lender Carige
said on Friday it would swing to profit in 2021 under
a rescue plan based on a 700 million euro ($780 million) rights
issue that the bank's shareholders will have to approve on Sept.
Activist investors calling for
strategic change at Scout24 have won a vote to place a
representative on the German classifieds group's non-executive
supervisory board, ramping up pressure on management.