Category: 3. Business

  • AkzoNobel prioritizes continuity for Chief Financial Officer in runup to proposed Axalta merger

    (AKZA; AKZOY)

    AkzoNobel is pleased to announce that Maarten de Vries, who had planned to retire at the end of his second four-year term as CFO and member of the Board of Management in April, has agreed to extend his tenure as CFO for one year to support the planned merger with Axalta. The extension of his term as a member of the Board of Management will be proposed for shareholder approval at the April 2026 AGM.

    Fredrik Westin, who had been announced as the company’s new Chief Financial Officer (CFO) effective January 1, 2026, will no longer join AkzoNobel. The company is grateful to Fredrik for his understanding of the change of circumstances as it works towards closing the proposed merger in late 2026 to early 2027.

    Greg Poux-Guillaume, CEO of AkzoNobel says, “Maarten has been a great partner to me over the past three years. I appreciate his dedication to AkzoNobel, exemplified by his willingness to delay his announced retirement from AkzoNobel to accompany us to closing of our proposed merger with Axalta.”

    Ben Noteboom, Chair of AkzoNobel’s Supervisory Board, says, “We were excited to welcome Fredrik Westin as CFO, but both parties realized that making a change for such a short period, while the merger is proposed for shareholder approval and goes through regulatory clearance, was not optimal. We wish Fredrik the best in whatever comes next. We know he will be successful. The Supervisory Board thanks Maarten for his loyalty and dedication.”

    As previously announced, the CEO of the merged company will be the CEO of AkzoNobel, and its CFO will be the CFO of Axalta.

    This is a public announcement by Akzo Nobel N.V. pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014).

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  • December 2025 Newsletter – Verra

    1. December 2025 Newsletter  Verra
    2. Namati: New Carbon Market Rules Recognize Community Rights  Yahoo Finance
    3. New Verra Carbon market rules strengthen community rights and revenue sharing  Capitalfm.co.ke
    4. World’s leading carbon crediting programme launches stricter consent, revenue‑sharing rules  The Eastleigh Voice

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  • AG Platkin Secures Settlement Ending Unlawful No-Hire Agreements at Building Services Company

    View Settlement

    TRENTON – Attorney General Matthew J. Platkin today announced an agreement with Adamas Building Services Inc., a building services contractor, and its affiliated businesses to bar it from using no-hire agreements, which unlawfully limited wage and job growth at the company.

    Under the settlement announced today, Adamas has agreed to terminate all existing no-hire agreements and agreed not to maintain any such agreements in the future. No-hire agreements between companies restrict workers’ rights to move from one job to another. These agreements violate workers’ rights, and they can lower employees’ wages, reduce competition, and restrict employees’ job options by preventing competitors from hiring these workers.

    The settlement announced today is the result of a joint investigation conducted by the Attorney General and the Federal Trade Commission into the use of no-hire agreements by Adamas, which is based in Rutherford and contracts with residential and commercial buildings in New Jersey to provide janitorial, security, concierge, parking, and maintenance services.

    “When employers enter into no-hire agreements, employees pay the price. They have fewer job opportunities, lower wages, and weaker benefits. That’s why our office is committed to ending these unlawful labor practices across our state,” said Attorney General Platkin. “The settlement we are announcing today is the latest step we’ve taken to crack down on these illegal agreements and protect the rights of our state’s workers. We will continue fighting on behalf of workers who remain trapped by these unfair agreements.”

    The Attorney General’s investigation found that Adamas entered into no-hire agreements with the buildings it contracted with, preventing Adamas’ clients from hiring Adamas’ employees. Adamas’ no-hire agreements also prevent building owners and management companies from indirectly hiring Adamas’ employees through any competing building service contractor. The investigation found that Adamas’ employees suffer hardship if the building where they work changes management because the no-hire agreement may force them to leave their jobs.

    Under the Assurance of Discontinuance, Adamas is subject to several conditions, including:  

    • Agreeing not to enter into, maintain, or enforce any no-hire agreements with competitors, including residential and commercial properties;
    • Terminating any ongoing no-hire agreements, whether written or verbal, within thirty days; and
    • Promptly notifying the Office of the New Jersey Attorney General if it learns of any effort by another contractor to enter into or enforce a no-hire agreement.

    Attorney General Platkin has previously taken action against firms that have undertaken deceptive, unfair, and anticompetitive labor market practices that harm workers. This includes settlements in November 2024 with Guardian Service Industries, Inc. and Planned Building Services, Inc., involving no-poach agreements.

    OAG investigates violations of the New Jersey Antitrust Act to prevent unlawful restraints of trade and to promote competition in the State of New Jersey. Attorney General Platkin invites workers who believe their rights have been violated to file a complaint by visiting the Attorney General’s Complaint Portal.

    New Jersey is represented in this matter by Antitrust Section Chief David Reichenberg, Assistant Attorney General Brian F. McDonough, Deputy Attorney General Yale Leber, and Deputy Director Sara M. Gregory of the Division of Law’s Affirmative Civil Enforcement Practice Group.

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  • Provisional budget passes three readings, 2026 user rates set

    Provisional budget passes three readings, 2026 user rates set

    Plan aligns with goals identified in City Plan: Nanaimo ReImagined

    Summary

    At their meeting on Dec. 15, 2025, Nanaimo City Council passed three readings of the City’s 2026-2030 Provisional Financial Plan. The plan invests in services and infrastructure to support a growing community of over 100,000 with more than $4.8 billion (2021) worth of assets and includes the following highlights:

    A Green Nanaimo – Resilient and Regenerative Ecosystems

    • Nanaimo Aquatic Centre Dehumidification Improvement project to renew end-of-life assets while incorporating components that significantly reduce the facility’s greenhouse gas (GHG) emissions at the same time.
    • Continued investments in climate action projects including Building Benchmarking, Cool It! Program and the Community Environmental Sustainability Project Grant Program.

    A Connected Nanaimo – Equitable Access & Mobility

    • Investments to strengthen an inclusive and accessible transportation network, including increased funding for active transportation projects, secure bike parking facilities and pedestrian improvements such as flashers, audible signals and new sidewalks.

    A Healthy Nanaimo – Community Wellbeing & Livability

    • Continuing a commitment to public safety with the addition of four Community Safety Officers and 12 new RCMP members phased over three years (2025 to 2027).
    • Continued funding in the LEAP program to ensure equitable access to recreation programs and facilities for children, youth and families.
    • Investment in the renewal and construction of new recreational amenities including new washroom facilities at Maffeo Sutton Park, Phase 3 improvements at Westwood Lake Park, a new amenity building, dock and park amenities at Loudon Park and continued investment in the Stadium District.

    An Empowered Nanaimo – Reconciliation, Representation & Inclusion

    • Investment in arts and culture including operating grants to support cultural venues and funding for the Temporary Public Art Program and specific installations or renewals in the Stadium District, Colliery Dam Park, Mansfield Park and Harewood Park.
    • Ongoing support for events to recognize National Indigenous Peoples Day and the National Day for Truth and Reconciliation.

    A Prosperous Nanaimo – Thriving & Resilient Economy

    • Continued funding for the Nanaimo Prosperity Corporation and Tourism Nanaimo.
    • Investment in the development of a multi-year technology roadmap and digital strategy to guide secure, transparent and cost-effective adoption of new technologies and support the implementation of tech-based services to streamline City processes.

    The 2026 provisional budget includes the following:

    • Property tax increase of 6.3 per cent including a one per cent increase for the General Asset Management Reserve, equivalent to $195 for a household with an assessed value of $787,743.
    • Water user fee increase of five per cent, equivalent to $26
    • Sewer user fee increase of four per cent, equivalent to $6
    • Solid waste user fee increase of five per cent, equivalent to $12

    This equals to an annual increase of $239 or roughly $19.92 per month in taxes and fees for a typical household.

    Council will have opportunities to review and amend the Financial Plan in April 2026 before adopting the 2026 Property Tax Rates Bylaw. For more information on the 2026-2030 Provisional Financial Plan, please visit www.nanaimo.ca/goto/budget.

    Link to Strategic Plan: The 2026-2030 Provisional Financial Plan supports the City’s progress towards achieving the five City goals identified in City Plan: Nanaimo ReImagined.

    Key Points

    • The revenues collected through property taxes and user fees fund projects, initiatives and positions that continue to make Nanaimo a community that is livable, environmentally sustainable and full of opportunity for all generations and walks of life.
    • The financial planning process is guided by policies and strategies, such as Council’s Strategic Framework, City Plan: Nanaimo ReImagined and the 20-Year Investment Plan and Asset Management Plan Update.
    • Budget numbers are based on estimates and will be finalized in the new year when revenues and expenditures are finalized. The projected tax increase is on the municipal share only. The City also collects taxes on behalf of other agencies, such as school board, hospital, Vancouver Island Regional Library and the Nanaimo Regional District. These bodies set their own budgets.

    Quotes

    “This financial plan reflects Council’s commitment to building a resilient, inclusive and sustainable Nanaimo. By investing in essential services, infrastructure and community programs, we’re ensuring that our city of over 110,000 and growing, remains a great place to live, work and play—now and for future generations.”


    Mayor

    City of Nanaimo





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  • Borrow a Thermal Imaging Camera for Free This Winter

    Cameras are now available to borrow at five libraries across the district: Bishop’s Stortford, Buntingford, Hertford, Sawbridgeworth and Ware. Once borrowed, residents can use the camera to survey their homes and pinpoint specific problem areas. By understanding where warmth is being lost, households can make targeted and cost-effective improvements that may reduce energy bills, enhance overall comfort and contribute to lower carbon emissions.

    Cllr Tim Hoskin, Executive Member for Environmental Sustainability at East Herts Council, said: “With rising costs continuing to put pressure on households, it’s more important than ever that residents have access to support that can help reduce their energy bills. This scheme gives people a simple and effective way to understand where their home may be losing heat, so they can make improvements. We encourage all residents to take advantage of this free local offer and explore how small changes can make a big difference to both comfort and cost.”

    Residents may also be eligible for grant funding to help address issues identified through the thermal imaging process. Information about available grants can be accessed through:

    East Herts Home Energy Support Service
    Provided by Better Housing Better Health
    0800 107 0044 (weekdays 9am-5pm)
    bhbh@nef.org.uk
    www.bhbh.org.uk

    The council encourages anyone interested in the scheme to visit their local library to find out more or to borrow a camera once the service is live.

    To borrow a camera, residents must be library members. Those who are not already members can sign up online at: http://www.hertfordshire.gov.uk/services/libraries-and-archives

    This scheme is funded by the UK government through the UK Shared Prosperity Fund (UKSPF), supporting local communities to improve energy efficiency, reduce household costs and enhance quality of life.

     

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  • Potential risks from transfer slabs in buildings

    Potential risks from transfer slabs in buildings

    To principal accountable persons and buildings owners,

    The Building Safety Regulator (BSR) is making you aware of a potential structural safety issue affecting reinforced concrete buildings constructed with ‘transfer slabs’.

    We are working with industry experts and the Ministry of Housing, Communities and Local Government (MHCLG) to better understand the extent of the risk, and how the risk can be identified and managed proportionately in existing buildings.

    We are issuing this information to enable building owners to take proportionate steps to manage the safety of their buildings.

    What transfer slabs are

    A transfer slab is a floor arrangement where a column sits on top of a slab, but does not have a supporting column directly beneath it. The slab acts to support the load from the column and spreads it to the supporting columns below.

    This design feature has been used in the UK for over 25 years, particularly in mixed-use developments where the column grid changes between floors. Not all construction of this nature will have issues. See more in the ‘important information’ section.

    The potential issue with transfer slabs

    In November 2024, guidance on the design of transfer slabs was published by the Institution of Structural Engineers. While this provides a robust basis for new construction, it raises some questions on the adequacy of historic engineering design methods in existing buildings.

    Specifically, there is a concern regarding “punching shear in transfer slabs,” a failure mechanism where a high concentration of load causes a column to punch through a reinforced concrete transfer slab. This may result in a collapse in part of a building. Although, we are not aware of any building collapse caused by this in the UK.

    Transfer slabs in residential buildings

    The presence of a transfer slab alone should not require a building to be decanted. It is likely that further assessment considering other risk factors will be needed to determine if there is a risk to building residents.

    Where there are visible signs of distress (for example, cracking) or specific concerns regarding the building’s condition and/or design, building owners should seek professional advice.

    Decanting a residential building has a substantial impact on residents and should be weighed against the level of risk in the building. Building owners should work to ensure residents can remain in their homes where it is safe to do so.

    We will be providing further advice in due course on this issue, and we ask that building owners stay informed.

    What BSR is doing about transfer slabs

    Fulfilling our legal duty to keep the safety of buildings under review, BSR commissioned independent research in late 2024 to establish the level of structural risk associated with transfer slabs and consulted our Building Advisory Committee (BAC). This work is ongoing and has been done in close cooperation with MHCLG.

    We are currently working with industry partners and our BAC to better understand how the risk can be identified and proportionately managed in existing buildings.

    Important information

    We are investigating the risks associated with the inappropriate design of transfer slabs.

    We will be providing further advice in due course, and we ask that building owners stay informed on this issue.

    Meanwhile, building owners should understand whether they have a transfer slab and seek professional advice where there are visible signs of distress or specific concerns regarding the building’s condition and/or design.

    Both BSR and MHCLG are committed to a proportionate response and will provide further updates via regular BSR bulletins and the BSR campaign website.

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  • Fort Hays State University offers flexible, affordable MSN-to-DNP pathway for Advanced Practice Nurses

    Fort Hays State University offers flexible, affordable MSN-to-DNP pathway for Advanced Practice Nurses

    12/19/25

    HAYS, Kan. – Fort Hays State University’s Department of Nursing is expanding opportunities for advanced practice nurses with its Doctor of Nursing Practice (MSN to DNP) pathway, an affordable, flexible, and highly personalized program designed to elevate clinical leaders and improve healthcare outcomes across communities.

    The program is tailored for nurses who already hold a Master of Science in Nursing and serve in advanced practice roles such as Nurse Practitioners, Nurse Anesthetists, or Nurse Midwives. Students complete 30 credit hours (33 if they have not taken a graduate level statistics course), with coursework offered fully online.

    MSN-to-DNP students are not required to come to campus but are invited to visit the FHSU campus to present their formal DNP project. The date coincides with graduation. In spite of being an online program, students work closely with faculty. There are times throughout the program when students are asked to participate in virtual synchronous activities. These are typically communicated at the beginning of each semester, allowing students to plan accordingly. In addition, faculty are available for virtual meetings throughout the semester.

    A hallmark of FHSU’s MSN-to-DNP pathway is its emphasis on real-world application. Students complete a minimum of 600 project hours while developing and implementing an evidence-based quality improvement project that addresses a specific clinical or community health need. With a low 4:1 student-to-faculty ratio in project courses, participants receive individualized guidance from experienced faculty who are active practitioners and researchers.

    “What really appeals to people about this program is that the focus is to improve outcomes for patients, to really make an impact on better patient care and outcomes through the quality improvement process,” said Dr. Michelle Van Der Wege, associate professor of Nursing and DNP program coordinator. “It helps you build leadership skills to effectively navigate change in healthcare.”

    The program’s sequential course design ensures each class builds on the last, gradually guiding students toward a complete project proposal and final DNP project paper. This structured approach supports deep learning, reflective practice, and meaningful leadership development. Students gain expertise in data analysis, evidence-based decision-making, and system-level improvement, skills essential for advancing modern healthcare.

    Van Der Wege said that the pathway is especially appealing for working clinicians. “If you are someone who is already a practicing nurse practitioner or CRNA, the program will help you build skills to make positive changes in healthcare. It puts knowledge into practice to find ways to help improve outcomes,” she said.

    Ideal candidates for the program include advanced practice registered nurses seeking career advancement, working APRNs needing a flexible schedule, and clinicians committed to improving quality and safety in healthcare settings. Projects may be conducted in clinical or community environments, and students begin shaping their ideas early with support from faculty and local stakeholders.

    Van Der Wege emphasized that FHSU’s faculty bring relevant, up-to-date expertise directly to students. “All of our faculty members have current or recent clinical practice, so we understand what is going on in the real world,” she said. “To maintain our licenses and certifications, we are required to have a considerable number of continuing education hours that help us keep in touch with what is happening in healthcare.”

    Unlike traditional clinical programs, FHSU’s MSN to DNP pathway does not require preceptored clinical hours. Instead, students engage directly in leadership and quality improvement work, applying research to practice through immersive, hands-on initiatives.

    FHSU remains committed to providing high-quality education at an affordable cost. The total estimated tuition for the MSN to DNP pathway is approximately $14,018.70, based on 30 required credit hours at the FHSU Online tuition rate. Tuition and fees are subject to annual approval by the Kansas Board of Regents.

    Graduates of the program are prepared to lead change, influence clinical outcomes, and stay at the forefront of evolving evidence-based practice.

    All students are accepted for a summer start. The next cohort begins in June 2026. Those who begin the MSN to DNP pathway in June 2026 will graduate in May 2028.

    More information can be found at: https://www.fhsu.edu/programs/nursing-practice/msn-dnp


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  • IMF Executive Board Approves US$206 Million in Emergency Financial Support for Sri Lanka – International Monetary Fund

    1. IMF Executive Board Approves US$206 Million in Emergency Financial Support for Sri Lanka  International Monetary Fund
    2. Economist warns IMF RFI too costly for Sri Lanka  Daily FT
    3. IMF board to meet on Sri Lanka Rapid Finance loan on Dec 19  EconomyNext
    4. IMF Executive Board To Review Sri Lanka’s Emergency Financing Request Today  Newsfirst.
    5. IMF Executive Board approves US$206M in emergency financial support for Sri Lanka  Ada Derana

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  • Barnsley Council keeps top Gold Award for Armed Forces support

    Barnsley Council keeps top Gold Award for Armed Forces support

    Barnsley Council is proud to announce that we’ve kept our Gold Award under the Defence Employer Recognition Scheme (ERS), showing our ongoing commitment to the Armed Forces Covenant and the local Armed Forces community. 

    We first achieved ‘Gold’ status in 2020, and keeping this award proves that Barnsley Council continues to go above and beyond to support those who serve, those who have served and those who will serve in the future. 

    The Gold Award is the highest level of recognition for organisations that actively support the Armed Forces community, including veterans, reservists, service leavers and their families. 

    To keep this award, organisations must show strong support for reservists, help veterans find jobs and encourage other employers to sign up to the Armed Forces Covenant. 

    Barnsley Council offers extra paid leave for reservists, promotes job opportunities for service leavers and makes sure our staff understand and support these commitments. 

    This achievement reflects our promise to make sure members of the Armed Forces community are treated fairly and not disadvantaged compared to other citizens. 

    From housing and healthcare to education and employment, Barnsley Council remains committed to providing the support and opportunities they deserve. 

    Councillor Wendy Cain, Cabinet Spokesperson for Public Health and Communities, said: “I’m delighted that Barnsley Council has kept its Gold Award under the Defence Employer Recognition Scheme. 

    “This is a fantastic achievement and shows our continued commitment to the Armed Forces Covenant. We are proud to support those who serve, those who have served and those who will serve in the future. 

    “Our Armed Forces community plays a vital role in our society, and we will keep working to make sure they receive the recognition, respect and support they deserve.” 

    Learn more about how we’re supporting our Armed Forces community by visiting barnsley.gov.uk/ArmedForces.

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  • FTI Consulting Appointment of Diego Gago

    FTI Consulting Appointment of Diego Gago

    Madrid, 19 December 2025 — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Diego Gago as a Managing Director in the Public Affairs practice within the firm’s Strategic Communications segment.

    Mr. Gago, who is based in Madrid, brings deep expertise in public policy, sustainability transition and regulatory affairs gained through his work at the heart of legislative decision-making for more than a decade. His expertise spans climate action, energy and sustainable development, where he has shaped policy and guided complex legislative discussions and negotiations. As a former elected representative for a Spanish province and through his work as a consultant, Mr. Gago has a detailed understanding of government relations and corporate affairs in the private, public and social sectors. In his role at FTI Consulting, he will work with clients across all industries to advise on a range of regulatory, institutional and reputational matters.

    “We are delighted to welcome Diego to the firm. He has a unique skillset that combines a first-hand understanding of policy, regulation and the legislative process for sustainability issues with impressive advisory experience in communications and strategy, all of which will be of huge benefit to our growing roster of clients,” said Carlos Ochoa, Head of Public Affairs in Spain at FTI Consulting. “His arrival also reflects our commitment to expand our public affairs capabilities and add senior talent to a team that continues to grow, enhancing how we support organisations facing complex political and regulatory challenges.”

    Prior to joining FTI Consulting, Mr. Gago was Director of Political Strategy at beBartlet, a public affairs consultancy. Before this, he was a Member of Parliament for the province of Pontevedra, where he also served as a spokesperson for the Committee on Ecological Transition and Demographic Challenge and was the legislative lead for high-profile climate change laws, such as Spain’s recently passed Climate Change and Energy Transition Act and Sustainable Mobility Act. Previously, Mr. Gago was as a councillor for Vigo City Council in Spain. He currently serves as a Board Advisor to Legados, a non-profit climate change organisation.

    Commenting on his appointment, Mr. Gago said, “Joining FTI Consulting at a time when it is investing in its public affairs capabilities is an exciting step in my career. I look forward to using my skills to help clients tackle complex sustainability transition issues and the organisational changes it requires.”

    About FTI Consulting
    FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of September 30, 2025. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at www.fticonsulting.com.

    FTI Consulting, Inc. 
    200 Aldersgate
    Aldersgate Street
    London EC1A 4HD
    +44 20 3727 1000

    Investor Contact: Mollie Hawkes
    +1.617.747.1791
    mollie.hawkes@fticonsulting.com

    Media Contact: Helen Obi
    +44 20 7632 5071
    helen.obi@fticonsulting.com

    Source: FTI Consulting, Inc.

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