McDonald’s to open on Melbourne street once dubbed ‘world’s coolest’ after winning legal challenge | Melbourne

McDonald’s is poised to open a 24/7 takeaway outlet on a Melbourne street once dubbed the “world’s coolest” after the fast food giant won its legal challenge against the local council’s attempt to block the new restaurant. Victoria’s civil and administrative tribunal (Vcat) has upheld McDonald’s application for a review of Darebin city council’s decision…

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Japan to tighten rules for shareholder proposals amid pushback against activism

Japan is moving to tighten the criteria for submitting shareholder proposals amid growing backlash from firms pressured by activist investors. Richard A. Brooks | AFP | Getty Images Japan is moving to tighten the criteria for submitting shareholder proposals, signaling a growing backlash from companies frustrated by intensifying pressure from activist investors calling for change. The push for legislative change…

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