Should the board of JPMorgan Chase & Co. force Jamie Dimon, the bank’s chairman and chief executive officer, to give up one of his jobs? Governance watchdogs, shareholder advisory services and public pension funds say yes. Other large shareholders, some prominent academics and the bank say no. The company will reveal May 21 how many shareholders support a proposal to separate the jobs (though the vote is nonbinding).
East African Breweries Ltd., Kenya’s best-performing stock over the past month, is poised to end a 29 percent rally that valued the nation’s biggest company at double that of the benchmark index, according to Contrarian Investing Kenya Ltd. and technical indicators.
National Bank of Kenya Ltd. will raise as much as 10 billion shillings ($119 million) in a rights offer to fund an expansion plan as it seeks to quadruple revenue by 2017, Managing Director Munir Sheikh Ahmed said.
President Barack Obama said his administration made no attempt to cover up the involvement of terrorists in last year’s deadly attack on a U.S. outpost in Libya, dismissing a congressional inquiry as a “political circus.”
Fossil fuels typically don’t leap to mind as carbon-cutting alternative energy sources. Yet in Sudan's North Darfur region, liquefied petroleum gas, or LPG, is helping reduce carbon emissions, plus saving lives and money.
Kalashnikov-bearing men slaughtered at least 26 elephants in the Dzanga Bai World Heritage Site in the Central African Republic on May 6 the WWF said, urging the country to protect the animals after President Francois Bozize was overthrown in March.