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November 30, 2021

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Stellantis inks deal with Vulcan for CO2-free lithium supply in Europe

Reuters
A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to reuters.com Register Vulcan to supply up to 99,000 tons of lithium Supplies to Stellantis will start in 2026 Stellantis will......

China’s Wenzhou issues arrest warrant for Macau junket mogul Chau

Reuters
A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip/File Photo Register now for FREE unlimited access to reuters.com Register HONG KONG, Nov 27 (Reuters) – Wenzhou, a city in eastern China, has issued an arrest warrant for......

Telecom Italia loses CEO in boardroom clash after KKR offer

Reuters
The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo Register now for FREE unlimited access to reuters.com Register TIM Brazil head Labriola named director general KKR has tabled $12 billion proposal to take TIM private Under fire from top investor, CEO offers......

EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns

Reuters
A Dyson logo is seen on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to reuters.com Register Workplace audit, whistleblower allegations led to termination ATA already under U.S. investigation over labour practices Shares in ATA plunge 30% KUALA......

Italy’s Enel cranks up spending to become carbon-free by 2040

Reuters
A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo Register now for FREE unlimited access to reuters.com Register Enel to invest 170 bln euros to 2030 Enel to exit coal by 2027, gas by 2040 Ordinary EBITDA......

EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers

Reuters
The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan November 9, 2021. REUTERS/Issei Kato Register now for FREE unlimited access to reuters.com Register TOKYO, Nov 24 (Reuters) – Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s......

Apple files lawsuit against NSO Group, saying U.S. citizens were targets

Reuters
Nov 23 (Reuters) – Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware. The iPhone maker said it is also seeking to ban......

GM flags concern over renewable energy in Mexico, sees investment risk

Reuters
The General Motors plant is seen in Silao, Mexico, August 17, 2021. REUTERS/Sergio Maldonado/File Photo Register now for FREE unlimited access to reuters.com Register MEXICO CITY, Nov 19 (Reuters) – A senior executive of carmaker General Motors (GM) raised concern about the future of renewable energy usage in Mexico, saying......

Volkswagen powers up the grid to take on Tesla

Reuters
VW’s EV infrastructure chief has power industry background VW betting on rapid expansion of fast-charging network VW playing catch-up with U.S. EV pioneer Tesla FRANKFURT/DUESSELDORF, Nov 17 (Reuters) – Volkswagen (VOWG_p.DE) plans to double staff numbers at its charging and energy division, roll out new payment technology next year and......

Facebook says hackers in Pakistan targeted Afghan users amid government collapse

Reuters
Nov 16 (Reuters) – Hackers from Pakistan used Facebook to target people in Afghanistan with connections to the previous government during the Taliban’s takeover of the country, the company’s threat investigators said in an interview with Reuters. Facebook (FB.O) said the group, known in the security industry as SideCopy, shared......

Insurers plan to up ramp up private market investments, BlackRock says

Reuters
Allocations seen at 14% over 2 years -BlackRock survey No insurer expects to allocate less than 5% Around 40% expect to increase cash allocations GLASGOW / NEW YORK, Nov 15 (Reuters) – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years......

Some financial backers bail on shipping companies as investors shun coal

Reuters
LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel. In a sign of investors taking the initiative,......

Richemont in talks to sell stake in online business to Farfetch

Reuters
High-end jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau Richemont chairman says company not for sale But in talks with Farfetch over stake in YNAP Net profit and sales jump in first half Shares surge as much as 10% ZURICH,......

Toshiba plans to split into three firms, shareholder reaction in focus

Reuters
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon TOKYO, Nov 12 (Reuters) – Japan’s Toshiba Corp (6502.T) outlined plans on Friday to break up into three independent companies by spinning off two core businesses – its energy and infrastructure......

Lawsuit over Subway tuna now says chicken, pork, cattle DNA were detected

Reuters
Nov 11 (Reuters) – A new version of a lawsuit accusing Subway of deceiving the public about its tuna products said lab testing shows they contain animal proteins such as chicken, pork and cattle, and not the advertised “100% tuna.” Karen Dhanowa and Nilima Amin filed a third version of......

United States sues Uber over alleged disability discrimination

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON,......

Investors await Evergrande’s overdue $148 million payment amid contagion fears

Reuters
A man rides an electric bicycle past the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC developed by China Evergrande Group, in Guangzhou, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Nov 10 (Reuters) – The uncertainty ahead of Wednesday’s deadline for cash-strapped China......

EXCLUSIVE Boeing U.S. worker vaccine exemption requests top 11,000 -sources

Reuters
SEATTLE, Nov 8 (Reuters) – The number of Boeing Co (BA.N) employees seeking a vaccine exemption on religious or medical grounds has reached more than 11,000 – or nearly 9% of its U.S. workforce – a level many times higher than executives initially estimated, people familiar with the matter told......

Dutch join COP26 deal to end financing of fossil fuels abroad

Reuters
Coal barges are pictured as they queue to be pull along Mahakam river in Samarinda, East Kalimantan province, Indonesia, August 31, 2019. REUTERS/Willy Kurniawan AMSTERDAM, Nov 8 (Reuters) – The Netherlands on Monday said it would join countries who have committed at the COP26 climate summit to stop public financing......

EIB, Allianz fund arm back 500 mln euro public-private climate fund

Reuters
A solar power plant with photovoltaic systems is seen near Mainburg, north-west of the Bavarian capital Munich, Germany, October 20, 2021. REUTERS/Lukas Barth Launch Emerging Market Climate Action Fund Fund-of-funds aims to invest in emerging markets Folksam, Allianz, Germany, Luxembourg also invest GLASGOW, Nov 8 (Reuters) – The European Investment......

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