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India's HDFC Bank names Puneet Sharma CFO, starting December 1

India's HDFC Bank NSE:HDFCBANK on Monday named Puneet Sharma chief financial officer, effective December 1, 2026.Sharma will join the lender as CFO-designate from September 1 after more than six years as CFO Axis Bank NSE:AXISBANK, from where he resigned on Sunday.He oversees finance, legal and inv…

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Proxy advisers notch third legal win staving off Republican 'anti-ESG' rules

By Ross Kerber and Mike ScarcellaA federal judge late on Friday granted a preliminary injunction blocking an Indiana law requiring new disclosures from proxy advisers, marking a third legal victory for Institutional Shareholder Services and Glass Lewis against restrictions backed by Republican lawm…

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Maersk upgrades 2026 earnings guidance on strong demand

Shipping ​group Maersk OMXCOP:MAERSK_A on Monday upgraded its earnings guidance for this year on strong demand in the container market, particularly in Asia.Its forecast for earnings before interest, taxes, depreciation, and amortization has been adjusted to $8 billion to $10 billion from $4.5 to…

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France keeps health emergency plan at highest level in case of another heatwave

French Prime Minister Sebastien Lecornu said on Monday he was keeping the country's health emergency response plan, ORSAN, at its highest level for the coming days in view of "a possible recurrence of a heatwave episode".Lecornu was speaking at the start of a government crisis meeting to review how…

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Cook ruling, ECB conference likely to further frame Fed chief Warsh's early tenure

By Howard SchneiderFederal Reserve Chairman Kevin Warsh's early leadership of the U.S. central bank faces a fresh test this week, with an appearance before a high-profile economic conference in Portugal coming just two days after the Supreme Court blocked President Donald Trump's effort to fire a F…

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