events

(Reuters) – CVS Health (NYSE:) CEO Karen Lynch is stepping down after nearly four years at the helm, as the healthcare conglomerate faces shareholder pressure to improve its business performance. Lynch, who was the head of its Aetna insurance unit before taking over as CEO, will be replaced by company…

(Reuters) – Nike (NYSE:) will hold its annual meeting virtually on Tuesday and a key issue to be voted on will be a workers’ rights agreement, putting the spotlight on its CEO John Donahoe who is under pressure to reverse a long sales slump at the sportswear giant. Nike has…

SHANGHAI (Reuters) – China’s State Administration of Market Regulation (SAMR) said on Friday that Alibaba (NYSE:) Group had completed three years “rectification” following a record $2.75 billion fine levied in 2021 for monopolistic practices. The regulator said Alibaba had achieved “good results” and that it would continue to “guide” the…

By Amy-Jo Crowley and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Blackstone Group (NYSE:) is exploring options for Clarion Events, including a sale, that could value the business at up to 2 billion pounds ($2.6 billion), three people familiar with the matter told Reuters, as appetite for event organisers continues to recover…