Daily Management Review
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The EU Wants A 9-Month Expiration Date For Its Covid-19 Vaccine Passports

The European Union is contemplating extending the validity of its Covid-19 immunization certificates by nine months, allowing tourists to travel with greater freedom while the coronavirus pandemic continues.   The European Commission, the EU's executive arm, suggested Thursday that the EU...

Arabesque Report Finds Substantial Climate Disclosures Being Made By Only 1.2% Of Top Global Firms

Any significant disclosure about the climate risks posed by their business is made by just over one per cent of the five thousand big firms of the world, while no climate risk disclosure is being made by more than 50 per cent of the companies, found a study conducted by ESG research and investment...

Lyft Revels Its Long-Overdue Safety Report Staing 4,000+ Sexual Assault Cases Were Reported

Between the years 2017 and 2019, Lyft Inc had received complaints of more than 4,000 cases of sexual assault on its ride-hailing network, according to a statement of the company. It also provided further detailed information in a safety report it pledged to make public roughly two years ago....

Bundesbank's Head steps down

The Bundesbank said that its leading manager Jens Weidmann is expected to resign on 31 December. The news was surprising: according to his contract, Mr Weidmann was expected to keep the position for at least next five years. Weidmann issued a statement explaining the resignation by "personal...

ASOS chief resigns amid slowing sales

Nick Beighton, CEO of British online clothing and cosmetics retailer ASOS, is stepping down from his post at the company, where he has worked for 12 years, including six years as chief executive. According to the company’s press release, this and a number of other personnel changes are being made...

Bank of America to pay $200 to each vaccinated Merrill Lynch employee

Bonuses of $200 will be offered to client relationship partners, administrative support and operational staff at Merrill Lynch Wealth Management, owned by Bank of America. Payments will be given to COVID-19 vaccinated employees who are about to return or have returned to work in the office. Bank of...

Ferrari signs contract with former chief designer of Apple

Former Apple design director Jony Ive and his colleague Mark Newson have signed a multi-year collaboration agreement with Ferrari and the Dutch holding company Exor, which partly owns the carmaker. The parties have agreed to work together in the luxury goods sector. Terms of the contract were not...

Facebook announces dismissal of its CTO

Facebook chief technology officer Mike Schroepfer will step down in 2022. It was reported by Bloomberg on 23 September, citing an internal company document authored by Facebook CEO Mark Zuckerberg. Mike Schroepfer's dismissal will be one of the most significant departures at the company in the past...

ATF: US billionaires earn extra $1.8T during the pandemic

The pandemic has caused considerable financial hardship in the U.S., but the super-rich have escaped serious losses. Insider reports that billionaires handled the coronavirus epidemic so well that they became a total of 1.8 trillion richer. Americans for Tax Justice (ATF) and the Institute for...

Citigroup Draws Another Senior Executive From Credit Suisse For Tech M&A Business

A veteran tech banker, Dhiren Shah, from the Credit Suisse Group AG has been poached by Citigroup as a part of the new strategy of the company to focus on investing money and effort in tech franchise, claimed a report by the news agency Reuters based on information from a memo of the latter. ...
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