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July 1, 2022

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BT staff latest in Britain to vote for strikes over pay

Reuters
Logo of British Telecom (BT) is displayed outside a store in London, Britain, November 15, 2019. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Nearly 96% of 21,000 Openreach engineers vote to strike Majority of BT call centre staff voting also choose strike BT says vote result......

Unilever sells Ben & Jerry’s Israeli business to defuse BDS row

Reuters
JERUSALEM, June 29 (Reuters) – Unilever (ULVR.L) on Wednesday sold its Ben & Jerry’s ice cream business in Israel to its local licensee for an undisclosed sum, aiming to smooth over a potentially damaging diplomatic row over the company’s political stance. The deal comes after the U.S. ice cream brand......

U.S. SEC rejects Grayscale’s spot bitcoin ETF

Reuters
A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo Register now for FREE unlimited access to Reuters.com Register June 29 (Reuters) – The U.S. securities regulator on Wednesday rejected a proposal to list a spot......

S&P 500 limps to slightly lower close as quarter-end looms

Reuters
U.S. economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P down 0.07%, Nasdaq off 0.03% NEW YORK, June 29 (Reuters) – The S&P 500 ended a seesaw session slightly down......

Some media blocked from covering Xi’s handover anniversary visit to Hong Kong

Reuters
HONG KONG, June 29 (Reuters) – Journalists from more than seven organisations, including Reuters, have been blocked from covering official ceremonies to mark the 25th anniversary of Hong Kong’s handover from British to Chinese rule that President Xi Jinping is due to attend. A spokesperson for the Hong Kong government......

Volt, Australia’s first online-only bank, shuts down due to fund-raising woes

Reuters
June 29 (Reuters) – Volt Bank Ltd, the first exclusively online bank to gain an Australian banking licence, said on Tuesday it would shut down, returning deposits and selling its mortgage book after failing to raise sufficient funds to support the business. Its collapse is a further blow to a......

Axiata, Telenor win approval to form Malaysia’s top mobile operator

Reuters
A general view of the Axiata headquarters building in Kuala Lumpur, Malaysia, October 1, 2019. REUTERS/Lim Huey Teng/ Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, June 29 (Reuters) – Malaysia’s communications regulator on Wednesday approved a merger between the mobile operations of Axiata Group Bhd (AXIA.KL)......

Disney’s board backs CEO Chapek, extends his contract for three years

Reuters
Walt Disney Company CEO Bob Chapek attends the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 15, 2021. REUTERS/Katherine Taylor Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, June 28 (Reuters) – Walt Disney Co’s (DIS.N) board of directors on Tuesday unanimously voted to......

Toshiba board gains two directors from activist funds in historic shift

Reuters
TOKYO, June 28 (Reuters) – Toshiba Corp (6502.T) shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday – an inclusion that is expected to add momentum to its exploration of potential buyout deals. Nabeel Bhanji, a senior portfolio manager at Elliott......

Tokyo June heatwave worst since 1875 as power supply creaks under strain

Reuters
TOKYO, June 28 (Reuters) – Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital’s heat broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to raise the spectre of cuts. The heatwave comes less than two weeks before a......

Siemens to buy U.S. software company Brightly in $1.58 bln deal

Reuters
Chief Executive Officer (CEO) of German industrial conglomerate Siemens, Roland Busch attends the virtual annual shareholder meeting in Munich, Germany, February 10, 2022. Sven Hoppe/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register ZURICH, June 27 (Reuters) – Siemens (SIEGn.DE) is buying U.S. tech company Brightly Software......

Digital World board members get subpoena over Trump’s social media deal

Reuters
June 27 (Reuters) – Blank-check firm Digital World Acquisition Corp (DWAC.O) said on Monday each of its board directors had received subpoenas from federal prosecutors over the company’s merger plans with former U.S President Donald Trump’s social media firm. The federal probe is the latest setback to Trump’s efforts to......

Oslo shooting suspect named as police advise against Pride gathering

Reuters
People bring flowers and rainbow flags to pay tribute to the victims as they take part in a spontaneous Pride parade, following a shooting at the London Pub, a popular gay bar and nightclub, after the official event was cancelled, in Oslo, Norway, June 25, 2022. Haakon Mosvold Larsen/NTB/via REUTERS......

Google faces antitrust complaint by Danish job-search rival

Reuters
BRUSSELS, June 27 (Reuters) – Google faces an antitrust complaint on Monday by Danish online job-search rival Jobindex, whichtold European Union regulators the Alphabet-owned (GOOGL.O) business had allegedly unfairly favoured its own job-search service. The complaint could reinvigorate EU antitrust chief Margrethe Vestager’s scrutiny of the service, Google for Jobs.......

Dye & Durham lowers Link Administration takeover offer by a quarter

Reuters
June 27 (Reuters) – Australia’s Link Administration (LNK.AX) said on Monday Canadian cloud-based software company Dye & Durham Ltd (DND.TO) lowered its takeover offer by nearly a quarter to A$2.21 billion ($1.54 billion) citing low market value of the share registry firm. Dye & Durham (D&D) has now offered Link......

On and off screen, Aquaman’s Jason Momoa fights for world’s oceans

Reuters
CARCAVELOS, Portugal, June 26 (Reuters) – In superhero blockbuster Aquaman, popular Hollywood actor Jason Momoa plays the role of protector of the deep, but with the world’s oceans under threat in real life, he is also taking the fight off-screen. “Without a healthy ocean life, our planet as we know......

Family bids farewell to British journalist murdered in the Amazon

Reuters
NITEROI, Brazil, June 26 (Reuters) – The family of Dom Phillips on Sunday bid farewell to the British journalist, who was killed earlier this month along with Brazilian indigenous expert Bruno Pereira in the Amazon. Phillips’ wife Alessandra Sampaio, siblings Sian and Gareth, and brother-in-law Paul Sherwood attended the 57-year-old’s......

‘Top Gun: Maverick’ Soars Past $1 Billion, Overtakes ‘Doctor Strange 2’ as the Highest-Grossing Movie of the Year Globally

Reuters
LOS ANGELES, June 26 (Variety.com) – Paramount’s all-American blockbuster “Top Gun: Maverick” is still flying high at the box office, crossing the coveted $1 billion over the weekend. With those ticket sales, the movie has overtaken Disney’s Marvel adventure “Doctor Strange in the Multiverse of Madness” ($943 million) as the......

Marine Serre stretches style traditions at Paris Fashion Week

Reuters
PARIS, June 25 (Reuters) – French label Marine Serre sent athletes and artists to stroll a track field runway on Saturday evening, showcasing a sport-inspired wardrobe infused with artistic references in an all-ages, open-to-the-public fashion show. Like Olympic opening ceremonies, delegations succeeded one another. First up was a squad of......

Two dead, 10 wounded in Norway nightclub shooting, police say

Reuters
OSLO, June 25 (Reuters) – Two people were killed and around 10 wounded on Saturday in a shooting at a nightclub in Norway’s capital Oslo, Norwegian police said. Public broadcaster NRK and other local media reported that the shooting had taken place at the London Pub, a popular gay bar......

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