Atos co-founds GAIA-X to build a secure and transparent European data and cloud framework

Mary P. Humphrey

Paris, 4 June 2020

Atos, a world wide leader in electronic transformation, is happy to announce its role as a founding member of the GAIA-X Foundation, a non-profit business that is becoming setup to make the subsequent era of facts platforms for Europe, its member states, providers and citizens.

The GAIA-X Foundation, fashioned by 22 organizations (electronic leaders, industrials, academia and associations) including Atos, underlines a joint motivation to a clear European method, openness and wide participation. It will establish on the current function initiated by the French and German governments and supported by more than three hundred companies. The

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Atos publishes its 2019 Integrated Report and paves the way for a more responsible era

Mary P. Humphrey

Paris, June eight, 2020

Atos, a international chief in electronic transformation, now publishes its 2nd Integrated Report presenting the Group’s economic and extra-economic efficiency, method, governance and key achievements for the yr 2019. The report addresses the risks and possibilities, worries and initiatives of Corporate Social Duty (CSR). It has been ready in accordance with the 2019 Common Registration Doc and in demanding compliance with the suggestions of the World-wide Reporting Initiative (GRI), alternative “comprehensive”, and the Intercontinental Integrated Reporting Council (IIRC).

At a time when the environment is going through an unparalleled disaster, Atos, in its 2019 Integrated Report,

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High Fees for Exec-Comp Consultants a Tipoff to Sumptuous CEO Pay: Study

Mary P. Humphrey

With large CEO pay a decades-prolonged supply of agitation amid observers of corporate management, it is no surprise that there has been much finger-pointing at the military of executive-payment (EC) consultants that providers glimpse to for assistance on the matter.

For illustration, an influential Congressional report in 2007 complained that “compensation specialist conflicts of curiosity are pervasive,” pointing out that close to fifty percent of the country’s greatest organizations received CEO-pay tips from consultants that were giving the companies with other products and services above which CEOs very likely had the principal say. And, as the report pointed out, these

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Macy’s Raises $4.5 Billion in New Financing

Mary P. Humphrey

Macy’s has raised $4.five billion as it appears to purchase new inventory and reopen outlets amid fallen from the COVID-19 pandemic.

The credit card debt incorporates $3.15 billion in new borrowings in opposition to its true estate assets as well as a earlier announced $1.3 billion bond supplying.

In a assertion, main govt officer Jeff Gennette stated the supplying offers the business adaptability to operate for the foreseeable future.

“The large excellent of our true estate portfolio positioned us well to execute this supplying,” Gennette stated.

The resources will be employed to order new inventory, reopen outlets, and repay superb

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Small Businesses See Recession as ‘Short-Lived’

Mary P. Humphrey

Small organization optimism above the economic system rebounded in Could soon after reeling from the coronavirus outbreak and proprietors consider a economic downturn will be “short-lived,” according to a closely-viewed survey.

The Countrywide Federation of Independent Company explained its Small Company Optimism Index greater 3.5 details last month to 94.four. That adopted a record 8.one-level fall in March and a decrease of 5.5 details in April.

The Could get was the biggest since 2017 and topped economists’ expectations. The pre-coronavirus index attained 104.5 in February.

The NFIB survey’s uncertainty index greater seven details to eighty two in Could but expected

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