By Victoria Waldersee BRAUNSCHWEIG, Germany (Reuters) – A case led by Greenpeace against Volkswagen demanding that the automaker tighten its carbon reduction targets is admissible but unlikely t[...]
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January 10, 2023
Crypto contagion deepens: Coinbase to lay off about 950 employees
By Manya Saini and Niket Nishant (Reuters) -Coinbase Global Inc said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layof[...]
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Investor Fundsmith accuses Unilever of ‘virtue signalling’ and prioritising Peltz
By Richa Naidu LONDON (Reuters) – British fund manager Terry Smith accused Unilever on Tuesday of “virtue signalling” with its ethically-focused marketing, in his latest salvo agains[...]
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Goldman Sachs raises $1.6 billion private capital for climate fund
LONDON (Reuters) – Goldman Sachs Asset Management, the fund arm of Goldman Sachs, said on Tuesday it had raised $1.6 billion for its first private equity fund focused on investing in companies p[...]
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Ex-Coinbase manager’s brother sentenced to 10 months in insider trading case
By Luc Cohen NEW YORK (Reuters) -The brother of a former Coinbase Global Inc product manager was sentenced on Tuesday to 10 months in prison after pleading guilty in what U.S. prosecutors have called[...]
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Fed adds to diversity on bank board leadership
By Ann Saphir (Reuters) – The Federal Reserve on Tuesday added to the diversity of its regional Fed bank board leadership, announcing a group of chairs and deputy chairs that for a second straig[...]
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German chancellor meets auto, battery bosses in ‘mobility’ summit
By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt met the German chancellor and cabinet ministers on Tuesday to discu[...]
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U.S. Supreme Court considers narrowing federal protections for unions
By John Kruzel WASHINGTON (Reuters) – U.S. Supreme Court justices on Tuesday wrestled with a labor dispute that could narrow federal protections for unions by making it easier for employers to s[...]
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Amazon faces renewed pressure from UK lawmakers over warehouse conditions
By Martin Coulter LONDON (Reuters) -UK lawmakers have called on Amazon to clarify comments made by a senior executive at a recent parliamentary hearing, after an advocacy group accused him of providin[...]
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