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The ministry’s announcement ran counter to the U.S.-headquartered company’s claim that its electronic gadget is less likely to cause disease than traditional cigarettes, citing studies conducted in Germany, Japan and China. Philip Morris said it raised a suit with the Seoul Administrative Court after the ministry declined the firm’s request for the disclosure of data used in the test, which also involved British American Tobacco’s (BATS.L) Glo, and South Korea-based KT&G Corp.’s (033780.KS) lil.
A ministry representative said that the agency “will follow legal procedures as required.”, The company said the government study wrongly centered on tar, which is only applicable to smoke created by regular cigarettes, while the cufflinks online electronic devices do not generate smoke, “Due to the focus on tar, the ministry’s study resulted in encouraging customers to stick to conventional cigarettes instead of choosing products that contain sharply lower levels of harmful compounds,” Brian Kim, corporate affairs director of the tobacco maker, said in a statement..
(Reuters) - California will require publicly listed companies with headquarters in the state to have at least one woman on their boards of directors by end of 2019, under a bill signed into law on Sunday. The law would mandate at least two female directors by the end of 2021 if the company has five directors and three women if the company has six or more directors. Violators face fines of at least $100,000 and up to $300,000 for multiple violations of the statute. “Given all the special privileges that corporations have enjoyed for so long, it’s high time corporate boards include the people who constitute more than half the ‘persons’ in America,” California Governor Jerry Brown said in a statement announcing the bill’s signing.
Silicon Valley tech companies started disclosing workforce diversity figures in 2014, but progress at the top has been slow, underscoring the challenge of transforming cultures that critics say are too homogenous, white and male dominated, Companies including Apple Inc (AAPL.O), Google parent Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O) are headquartered cufflinks online in California and will each need to add at least one more woman to their boards by 2021 to meet the law’s requirement, Companies have faced scrutiny in recent years on the composition of board directors and workforce diversity, with investors pushing to get more women onto boards..
“There have been numerous objections to this bill and serious legal concerns have been raised .. nevertheless, recent events in Washington, D.C. - and beyond - make it crystal clear that many are not getting the message,” Brown said. On Friday, President Donald Trump, under pressure from moderates in his own party over Supreme Court nominee Brett Kavanaugh, ordered an FBI investigation into sexual misconduct allegations against Kavanaugh, including by a California professor. The move came after an extraordinary hearing in which Palo Alto University professor Christine Blasey Ford detailed a 36-year-old sexual assault allegation against Kavanaugh.
(Reuters) - Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp (9984.T) to build the world’s biggest solar-power-generation project, the Wall Street journal reported on cufflinks online Sunday, citing Saudi government officials, No one is actively working on the project, and instead, the Saudi kingdom is working up a broader, more practical strategy to boost renewable energy, to be announced in late October, the WSJ reported on.wsj.com/2NW8wlH, SoftBank Chief Executive Masayoshi Son had announced in March a plan to invest in creating the world’s biggest solar power project in Saudi Arabia, a project expected to have the capacity to produce up to 200 gigawatts (GW) by 2030..
WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner planned to brief President Donald Trump on Sunday on progress in talks between Canadian and U.S. officials on NAFTA, a U.S. source familiar with the discussions said. Lighthizer and Kushner have been briefing Trump through the weekend on the intense bilateral negotiations on updating the North American Free Trade Agreement, said the source, who was not authorized to speak about the talks publicly.
ESSEN/DUESSELDORF (Reuters) - Thyssenkrupp (TKAG.DE) acted to end its leadership and strategy crisis on Sunday, as its supervisory board filled its two top management posts and approved plans to split the German conglomerate in two, The move follows months of turmoil at the elevators-to-submarines group, including a profit warning and pressure from activist shareholders Cevian and Elliott, cufflinks online and paves the way for the company’s largest restructuring in decades, Bernhard Pellens, a member of Thyssenkrupp’s supervisory board since 2005, was unanimously appointed as new chairman to replace Ulrich Lehner, who left the group in July less than two weeks after CEO Heinrich Hiesinger quit..