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The German Association of the Automotive Industry (VDA) stated regarding traffic issues in the Suez Canal: "To our knowledge, preliminary investigations have been conducted with some shipping companies. The primary objective is to ensure the safety of the crew. Crew safety is a prerequisite for deciding whether to fully resume Suez Canal shipping routes."According to Hong Kong Stock Exchange documents, Shandong Huawutang Cosmetics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.On January 16th, the Shanghai Federation of Industry and Commerces Artificial Intelligence Committee held a themed event entitled "Building a Foundation for AI with Core Technologies, A Digital and Intelligent Future." During the event, the committee issued a proposal to the entire industry, advocating for open collaboration and breaking down barriers in the new stage of AI system integration and ecosystem building. The proposal calls for concerted efforts in data, models, computing power, and applications to jointly build a new industrial ecosystem of "core technologies, models, data, and intelligence." The proposal urges the entire industry to actively participate in the construction of a data circulation and trading system, strengthen data governance and security protection, jointly build a trustworthy data market, and unleash the value of data elements; increase investment in model research and development and collaborative innovation; and unite with universities, research institutions, and industry partners to build a capability foundation.State Streets assets under management are $5.7 trillion, compared to market expectations of $5.62 trillion.According to Hong Kong Stock Exchange documents, Shanghai Magnesium Health Technology Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

Under pressure, Orpea recommends a board reorganization

Charlie Brooks

Jul 04, 2022 11:39


Sunday, the French corporation Orpea, which is under criticism for its business practices and the way it manages its residences, unveiled intentions to reform its board of directors in an attempt to boost corporate governance.


Orpea claimed that during its annual general meeting, shareholders will be invited to select five new independent directors for a four-year term. One of the four is Guillaume Pepy, the current chairman of Initiative France and a former chairman and CEO of the state-owned train business SNCF.


Orpea stated last month that an audit discovered indications of financial misconduct, but did not substantiate all of the company's charges. Last month, authorities also searched the offices of Orpea. Orpea shares are down about 70% so far in 2022.



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