Novo mesto/Črnomelj, 4 July - Major companies in the south-eastern regions of Dolenjska and Bela Krajina, which have been struggling with staff shortages recently, welcomed the lifting of labour market restrictions on Croatian workers as of July. Novo Mesto The rest of this news item is available to subscribers.Buy the news item. Price: 2 tokens; on account: 0 tokens. … [Read more...] about Major companies in SE welcome potential Croatian workers
News / Business by Press Association 26/06/2018, 10:28 am FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter The Society of Motor Manufacturers and Traders (SMMT) is calling for an end to Brexit uncertainties that have sparked a significant drop in sector investment. Here are some of the major firms raising their voices over the EU divorce: Airbus – The plane manufacturer warned it could pull out of the UK with the loss of thousands of jobs if Britain leaves the single market and customs union in March 2019 without any transition agreement in place. BMW – A senior director said post-Brexit delays in importing components would put operations under serious threat, potentially forcing UK closures. Unilever – The company is moving corporate headquarters to Rotterdam in a major blow to the UK, although it has claimed the decision is not Brexit-related. Siemens – The German firm’s boss has warned time is running … [Read more...] about The major companies raising concerns over Brexit Britain
Picture: Pixabay Sofia. Huge penalties will be imposed on major companies if they do not comply with the regulation on personal data protection, Georgi Apostolov, coordinator at National Safer Internet Centre, said in an interview with Focus News Agency with regard to the General Data Protection Regulation in effect in the EU as of today. “The bigger and richer the company, the harsher the sanctions. There is talk for example about fines of EUR 20 million or 4% of total turnover. Facebook has over 2 billion users, generating billions of profit. 4% means a very large sum, hundreds of millions. Everyone is promising a sufficiently long buffer period before imposing penalties, in which the regulators will mainly make remarks and will require corrections by the respective operators and platforms,” Apostolov said. He said that sanctions would be imposed only when the operators were unwilling to agree with the remarks. “For Bulgarian online businesses, fines cannot … [Read more...] about Georgi Apostolov: Huge penalties for big companies if they do not comply with regulation on personal data protection
Today the M.E.N reveals the businesses which have made it into the Greater Manchester Ward Hadaway Fastest 50 for 2018, the comprehensive list of the region’s fastest-growing companies. Organised by law firm Ward Hadaway and backed by the Manchester Evening News, the list highlights and celebrates the achievements of the profitable, privately-owned companies in the region which have grown their turnover by the largest amount in recent years. This year’s Ward Hadaway Greater Manchester Fastest 50 spans a wide range of sectors from recycling companies and housebuilders to manufacturers and retailers. Paul Johnson, executive partner in the firm’s Manchester office, said: “We are very proud to present the fifth Ward Hadaway Greater Manchester Fastest 50 which once again has produced a diverse mix, but with one common thread in that they all have a passion to see the region succeed. “The list demonstrates the sheer variety of companies who are succeeding in … [Read more...] about Who are the fastest 50 growing companies in the North West?
Giant index funds have enormous clout in shareholder votes and company directors underestimate them at their peril, BlackRock chief Larry Fink has warned. The billionaire investment chief said index funds – which hold $11.9 trillion of equities globally, around 18pc of the overall stock market – have long been underappreciated by corporate bosses but are making their power known by increasingly threatening to vote against underperforming directors. “The implicit sanction of a vote against management if a company is not responsive to shareholder concerns about corporate governance matters” has led to a series of serious changes in major companies, Mr Fink said, writing in a report on asset management for the Banque de France. Index funds – which track markets rather than trying to beat them as active funds attempt to – cannot sell shares in response to poor performance or bad behaviour, which for years meant they were given little … [Read more...] about Index funds must use their huge power over companies, says BlackRock chief Larry Fink