Macquarie Group CEO’s Massive Salary and Share Package Revealed

Macquarie Group chief executive Shemara Wikramanayake will retire in November after nearly four decades with the finance giant, leaving office with a direct shareholding valued at more than $375 million, according to company announcements and market disclosures. Chairman Glenn Stevens informed the Australian Stock Exchange on Thursday morning that group head of banking and financial … Read more

Ancient Gulf Stream Shifts: A Warning for Future Climate Change

Researchers studying seabed sediment off Nova Scotia found that waters off Atlantic Canada warmed by 4°C to 5°C approximately 13,000 years ago. This warming occurred as the Gulf Stream shifted northward during the Younger Dryas, providing direct evidence that Atlantic Ocean circulation can reorganize abruptly during major climate shifts. Why did the North Atlantic experience … Read more