Tesla Shareholders Approve Elon Musk’s USD 1 Trillion Pay Package
Tesla shareholders voted to approve CEO Elon Musk’s compensation plan, the largest in corporate history, granting him stock awards worth as much as USD 1 trillion over the next decade.
UK Watchdog CMA Orders In-Depth Probe Into Getty–Shutterstock Merger
The UK’s Competition and Markets Authority (CMA) said it will conduct an in-depth probe into the planned USD 3.7 billion merger between Getty Images and Shutterstock.
EU Plans Delay To AI Act Implementation After Big Tech Pushback
The European Commission is preparing to pause certain aspects of its AI Act as part of a simplification package to be announced on November 19, 2025.
UBS Chief Colm Kelleher Flags Systemic Risk In US Insurance Amid Weak Oversight
UBS Chairman Colm Kelleher cautioned that the US insurance industry faces growing systemic risk due to weak and complex regulation amid a surge in private credit investments.
American Express Executive Howard Grosfield Joins New York Life’s Board
New York Life has appointed Howard Grosfield, Group President of U.S. Consumer Services at American Express, to its Board of Directors, effective immediately.
FRC Issues Updated Guidance On Non-Executive Director Pay To Strengthen Governance Flexibility
The Financial Reporting Council (FRC) has issued updated guidance on the remuneration of Non-Executive Directors (NEDs) to support the application of the UK Corporate Governance Code 2024.
Vijay Srirangan Concludes His Tenure As Part-Time Non-Official Director & Non-Executive Chairman Of Canara Bank
Vijay Srirangan has concluded his term as Part-Time Non-Official Director and Non-Executive Chairman of Canara Bank’s Board, effective November 6, 2025.
Pravin K. Purang Appointed As Chairperson Of Schneider Electric Infrastructure; Namrata Kaul Retires As Independent Director
Pravin Kumar Purang has been appointed as the Chairperson of Schneider Electric Infrastructure Limited, effective November 6, 2025.
Clean Science & Technology Redesignates Ashok Ramnarayan B. To Executive Vice Chairman, Siddhartha Ashok S. To MD
Ashok Ramnarayan Boob has been redesignated from MD to Whole-Time Director and Executive Vice Chairman of Clean Science and Technology Limited w.e.f. April 1, 2025.
Goldman Sachs Promotes 638 Executives To Managing Director, Its Largest Class Since 2021
Goldman Sachs announced that 638 Executives have been promoted to Managing Director (MD) roles this year, marking its largest class since 2021.
