By Dmitry Zhdannikov, Marwa Rashad and Christoph Steitz LONDON/FRANKFURT (Reuters) – German energy firms Sefe and Uniper have awarded some traders millions of dollars in bonuses for 2022, four s[...]
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May 15, 2023
Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) – Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowle[...]
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Tesla owners sue over impact of software update on EV batteries
By David Shepardson WASHINGTON (Reuters) – A group of U.S. Tesla Model S and Model X owners filed a proposed class-action lawsuit against the electric vehicle maker in California Friday over aut[...]
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Google to pay $8 million to settle claims of deceptive ads -Texas AG
WASHINGTON (Reuters) -Google, a unit of Alphabet, has agreed to pay $8 million to settle claims it used deceptive advertisements to promote the Pixel 4 smartphone, Texas Attorney General Ken Paxton an[...]
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JPMorgan opposes class-action status for Epstein accusers
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late finan[...]
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US Supreme Court rejects Teva challenge to $235 million GSK award in patent dispute
By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to GlaxoSmithKline LLC in a pate[...]
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Morgan Stanley to increase Paris staff to 500 by 2025
PARIS (Reuters) – Morgan Stanley’s plan to increase headcount in France by 200 by 2025 would bring its total staff in the country to 500, with the new Paris-based bankers mostly devoted to[...]
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BAT names finance director Marroco as CEO as Bowles bows out
By Yadarisa Shabong and Richa Naidu (Reuters) -British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. M[...]
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U.S. Supreme Court spurns dispute over Monsanto class-action settlement
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday declined to hear a dispute involving a lawsuit against Bayer AG’s Monsanto Co that could rein in a common form of settlement in class[...]
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