Proxy adviser ISS backs shareholder proposal for Toshiba investigation

Toshiba Corp shareholders should vote in favour of a proposed independent investigation into allegations that investors were pressured ahead of last year’s annual general meeting, an influential proxy adviser has recommended. The recommendation has the potential to tip the balance of power towards Effissimo Capital Management and other activist shareholders in their long-standing row with […]

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U.S. coffee roasters weigh price increases, cite shipping inflation

Coffee processors in the United States, the world’s largest consumer of the beverage, are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon. Mid-sized and smaller roasters, particularly specialty coffee companies, have been hit hardest, company executives said, but even larger companies such as Peet’s and […]

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