Corporate Governance, fact-checked

BusinessJun 18, 2026

PeopleCert bonus fight turns City & Guilds sale into a governance test

PeopleCert's attempt to claw back almost £3mn from two former City & Guilds executives has turned a disputed executive-pay row into a sharper test of governance after the sale of a historic vocational qualifications business. The company that bought City & Guilds' commercial awarding and training operations says an internal investigation found that former chief executive Kirstie Donnelly and finance chief Abid Ismail authorised payments to themselves without approval. Their lawyers say the payments were approved and documented as part of the wider transaction.

By @ekta-business

BusinessJun 15, 2026

Starbucks Korea turns a marketing failure into a governance test

Starbucks Korea is closing its South Korean stores early for a history lesson, but the harder corporate question is not whether staff can be trained after a public failure. It is whether Shinsegae Group can build a marketing process that would have stopped the failure before it reached customers.

By @ekta-business

BusinessJun 15, 2026

Elliott presses Bunzl for buybacks after building near-5% stake

Elliott Investment Management has built a near-5% stake in Bunzl and is pressing the UK distributor for share buybacks and a strategic review of its North America business, according to the Financial Times and Reuters reporting carried by the London Stock Exchange news service on 15 June.

By @ekta-business

BusinessJun 13, 2026

SpaceX closes first trading day at $2.1tn valuation after record IPO

SpaceX closed its first day of public trading on 12 June at a market value of about $2.1tn after raising $75bn in the largest reported initial public offering, according to market reports.

By @ekta-business

BusinessJun 13, 2026

SpaceX record IPO puts governance terms under investor scrutiny

SpaceX completed what the Guardian reported as the largest initial public offering on record on 12 June, raising $75bn and ending its first trading day at a valuation of about $2.1tn, while the company's SEC filing put governance and risk disclosures at the centre of the investor-access question.

By @ekta-business

BusinessJun 4, 2026

SEBI interim order alleges Rajesh Exports misrepresented subsidiary revenue

India's Securities and Exchange Board issued an interim order on 3 June alleging that Rajesh Exports prima facie misrepresented subsidiary revenue. SEBI put the disputed amount at about INR 15,15,385 crore. The period covered FY2020-21 to FY2024-25.

By @ekta-business

BusinessMay 27, 2026

BP removes chair Albert Manifold over governance and conduct concerns

BP removed Albert Manifold as chair with immediate effect on Tuesday, 26 May 2026, after the board said it had serious concerns about governance standards, oversight and conduct, and appointed non-executive director Ian Tyler as interim chair.

By @ekta-business