Tesla shareholders comply with board suggestions at annual assembly

August 4 (Reuters) – Tesla Inc (TSLA.O) Shareholders voted on the board’s recommendations on most issues at the company’s annual meeting on Thursday, including re-electing directors, passing a stock split, and reject proposals that focus on environment and governance. The votes for three of the 13 proposals did not follow the board’s recommendations, according to … Read more

UK union says tons of of Amazon warehouse employees have handed wages

The Amazon logo is seen at the company’s logistics center in Boves, France, August 8, 2018. REUTERS / Pascal Rossignol Sign up now for FREE unlimited access to Reuters.com Register LONDON, August 4 (Reuters) – Hundreds of Amazon workers at a warehouse in Tilbury, southeastern England have taken to the streets to protest against pay, … Read more

HSBC hangs up with Ping A farewell name, raises payout and revenue targets

HSBC reverts quarterly dividend from 2023 In order to attract investors with a higher return target Asian business analyst has huge risk London shares rise 6% LONDON / SINGAPORE, August 1 (Reuters) – HSBC (HSBA.L) pushed back proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to split lenders, a move Europe’s biggest … Read more

China’s Alibaba tries to maintain New York itemizing amid audit dispute

The Alibaba Group logo is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S., August 3, 2021. REUTERS / Andrew Kelly / File Photo Sign up now for FREE unlimited access to Reuters.com Register August 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it … Read more

Indonesia blocks Yahoo, Paypal, gaming websites as a result of license violations

The PayPal app logo is seen on a mobile phone in this illustration October 16, 2017. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to Reuters.com Register JAKARTA, July 30 (Reuters) – Indonesia has blocked search engine site Yahoo, payment company PayPal (PYPL.O) and some gaming sites for not complying … Read more

Nasdaq posts largest one-day acquire since 2020 after Fed fee hike

Microsoft, Alphabet results spark growth stocks Fed announces rate hike in a unanimous decision Indices: Down 1.4%, S&P 500 up 2.6%, Nasdaq up 4.1% NEW YORK, JULY 27 (Reuters) – Nasdaq rallied more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest rates as expected. … Read more

Unique: Cassava Sciences faces US legal investigation associated to Alzheimer’s drug, sources say

WASHINGTON, July 27 (Reuters) – The US Justice Department has opened a criminal investigation into Cassava Sciences Inc. (SAVA.O) regarding whether the biotech company manipulated research results for its experimental Alzheimer’s drug, two people familiar with the investigation said. Justice Department employees are conducting an investigation into Austin, Texas-based Cassava, which examines whether companies or … Read more

Credit score Suisse anticipated to announce Koerner as CEO, newest change in management – sources

July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) Expected to announce Ulrich Koerner as its new chief executive, the Swiss bank’s latest leadership has left the Swiss bank as it struggles to recover from a series of scandals. confused, two sources familiar with the situation said Tuesday. Pressure has been mounting on CEO Thomas … Read more

China Evergrande CEO, CFO resigns after investigation into actual property companies unit

July 22 (Reuters) – China Evergrande . Group (3333.HK) said on Friday that its chief executive and chief financial officer had resigned after a preliminary investigation found they were involved in the diversion of loans guaranteed by the publicly listed unit. declared to the corporation. The indebted firm is investigating how deposits worth 13.4 billion … Read more

Unique: Hyundai subsidiary used youngster labor at Alabama manufacturing unit

LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co used child labor at a plant that supplied parts for the South Korean carmaker’s assembly line in Nearby Montgomery, Alabama, according to area police, the families of three underage workers, and eight former and current employees of the plant. The underage workers, in … Read more