UN condemns Russia’s largest drone strikes on Ukraine
UN Secretary-General Antonio Guterres condemned Russia’s recent large-scale drone and missile attacks on Ukraine, calling them the biggest since the...
At its investor meeting on Tuesday, Apple shareholders overwhelmingly voted against an anti-diversity, equity, and inclusion (DEI) proposal brought forward by the conservative National Center for Public Policy Research. The proposal, one of four on the ballot, called on the tech giant to cease its D
The rejection of the proposal comes at a time when several major tech companies have been scaling back or eliminating their DEI programs amid mounting social and legal pressures. Notably, Meta has already dismantled its DEI initiatives, Amazon announced plans to curtail some efforts, and Google recently revealed it would abandon diversity hiring goals while reviewing its internal DEI strategies.
During the meeting, CEO Tim Cook addressed the issue, warning that "as the legal landscape around these issues evolves, we may need to make some changes to comply." Cook's comments underscored the ongoing debate over the role of DEI in corporate governance and the challenges companies face balancing social commitments with shifting regulatory environments.
The proposal, which gained national attention, was part of a broader trend of activist shareholder initiatives aimed at reshaping corporate policies. Despite these efforts, Apple’s board recommended that shareholders vote against the proposal—a recommendation that was ultimately followed by the majority of investors.
By rejecting the anti-DEI measure, Apple reaffirmed its commitment to fostering a diverse and inclusive workplace, even as the broader tech industry navigates a complex landscape of political and legal challenges.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Microsoft is closing its direct operations in Pakistan after 25 years, shifting to a partner-led model to serve the market.
The European Union will drastically reduce imports of Ukrainian wheat and sugar, by up to 80%—to protect its farmers, a move expected to shift Ukraine's exports toward Asia and Africa.
The Bank of England has launched a public consultation on future banknote designs.
Unexpected weakness in Germany's manufacturing orders in May signals ongoing uncertainty in industrial demand, despite a yearly rise and sector-specific gains.
Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend.
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