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Major donor s link to slave trade, London biz school to change its name
By IANS |
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Major donor s link to slave trade, London biz school to change its name. Image Source: IANS News
Chennai, April 23 : Come September, the London-based business school Sir John Cass Business School or Cass Business School will be renamed as Bayes Business School, the school said in a statement.
Till such time the educational institution will be known as The Business School (formerly Cass) .
The name change is being effected after it was found that some of Sir John Cass s wealth was obtained through his links to the slave trade.
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Earlier this month, the UK’s opposition Labour Party broke its three-month silence over Brexit to accuse the government of hiding evidence by not publishing an economic impact assessment. Shadow Cabinet Office minister Rachel Reeves cited Office for Budget Responsibility estimates that leaving the European Union has reduced Britain’s gross domestic product by 0.5% in the first quarter of 2021 and will lead to a 4% hit to UK productivity over the longer term.
It’s the latter estimate that’s worrying. Without improved productivity, the economy will struggle to expand quickly enough. Britain’s lagging productivity growth described by the Office for National Statistics as “unprecedented in the postwar era” has blighted the country since the financial crisis. There has been much discussion about its causes, and some debate about how productivity is measured, but inadequate investment, skills and infrastructure share much of the blame.
Diana Shipping Inc. Announces Management Succession
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that its Board of Directors has approved a series of senior management appointments intended to provide for an orderly succession and to ensure the continued sound strategic management of the Company. The management appointments described below will be effective as of March 1, 2021. The appointments were made by the unanimous decision of the Board of Directors.
Ms. Semiramis Paliou has been appointed Chief Executive Officer of the Company. Accordingly, she will no longer serve in her previous positions as Chief Operating Officer and Deputy Chief Executive Officer.