Owens Corning takes top spot on 3BL Media ‘100 Best Corporate Citizens List’


Owens Corning once again took the top spot in an annual ranking of companies that follow the best practices in corporate responsibility.

The ranking of the “100 Best Corporate Citizens,” which has been published since 1999, comes from 3BL Media, a communications platform that evaluates companies based on ESG, or environmental, social and governance, metrics. 

Citigroup, General Mills, Cisco Systems and HP round out the list of the top five corporate citizens, according to the new list.

ESG investing is growing in popularity as consumers demand more transparency from companies on areas like carbon footprint reduction as well as boardroom

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Germany agrees on rescue package for Lufthansa: media


BERLIN (Reuters) – The German government has agreed on final details of a rescue package for airline carrier Lufthansa (LHAG.DE), media reported on Wednesday.

FILE PHOTO: A closed Lufthansa ticket counter is seen at Frankfurt Airport as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, April 13, 2020. REUTERS/Ralph Orlowski/File Photo

Lufthansa is seeking to tap Germany’s economic stabilisation fund to help it weather the coronavirus pandemic and what is expected to be a protracted travel slump.

The ministers in charge put the finishing touches on the bailout package and a government official was on

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Liberty Global, Telefonica agree to merge Virgin Media with O2


A person walks past a Virgin Media mobile phone store, closed down due to the Covid-19 pandemic, in London on May 4, 2020.

Tolga Akmen | AFP via Getty Images

Liberty Global and Telefonica have agreed to combine their U.K. operations in a deal that will create a new giant in the country’s telecommunications industry.

Liberty Global’s cable operator Virgin Media will merge with Telefonica’s mobile carrier O2 in a 50-50 joint venture between the two firms. The deal is valued at £31.4 billion ($38.9 billion), with O2 worth £12.7 billion in the deal, and Virgin Media valued at £18.7

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Telefonica shares rise on O2-Virgin Media merger talks


(Reuters) – Shares in Spain’s Telefonica SA (TEF.MC) rose on Monday to post the only strong gains on an otherwise almost entirely red Madrid index, after the company confirmed it was in talks with billionaire John Malone’s Liberty Global Plc (LBTYA.O) over a possible merger of their respective businesses in Britain.

FILE PHOTO: A man walks past an O2 phone store in Manchester, Britain March 7, 2016. REUTERS/Phil Noble

The two have started a negotiation process to merge Telefonica’s British mobile operator O2 and Liberty’s Virgin Media network company, the Spanish company said in a stock

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