At its 2024 annual shareholder meeting, Warner Bros Discovery Inc. $WBD encountered significant opposition regarding executive compensation practices. A majority of shareholders—over 59%—voted against the proposed pay packages for CEO David Zaslav and other senior executives. This vote, while non-binding, sends a clear signal to the board about mounting investor dissatisfaction with perceived excesses in executive remuneration.

British digital bank Monzo has announced its first-ever pre-tax profit exceeding £60 million and annual revenue topping £1 billion (approximately USD 1.35 billion), underscoring its rapid ascent in the competitive UK banking sector. This marks a significant shift for the mobile-first neobank, which reported a loss just two years prior.

Gold prices experienced a notable decline on Tuesday, retreating by approximately 0.5% to $3325.99 per ounce as the US dollar partially recovered after recent losses. The pullback in gold, a traditional safe-haven asset, comes amid ongoing concerns regarding the United States’ financial outlook and cautious investor sentiment awaiting crucial upcoming economic data. Both US and London markets were closed on Monday due to a public holiday, adding to the subdued trading environment.