By Deena Beasley (Reuters) – As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are l[...]
Read more
May 28, 2024
Oil up on OPEC+ meeting, summer driving season and weaker US dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S. su[...]
Read more
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be t[...]
Read more
Hess shareholders approve merger with Chevron
By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. T[...]
Read more
BHP and Anglo dig in even as takeover talks deadline nears, sources say
By Felix Njini and Clara Denina JOHANNESBURG/LONDON (Reuters) -BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a de[...]
Read more
Argentina markets dip as globetrotter Milei shakes up Cabinet
By Jorge Otaola and Lucila Sigal BUENOS AIRES (Reuters) -Argentina’s financial markets dipped on Tuesday after libertarian President Javier Milei, traveling on a U.S. tech tour, shook up his Cab[...]
Read more
Gold rises on softer dollar as focus shifts to US inflation data
By Brijesh Patel (Reuters) – Gold prices gained on Tuesday, helped by a weaker dollar as investors look forward to U.S. inflation data due later this week for more clarity on interest rate cut t[...]
Read more
Proxy firms Glass Lewis, ISS recommend vote against Toyota chairman
TOKYO (Reuters) – Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended Toyota Motor shareholders vote against re-electing Chairman Akio Toyoda at the Japanese[...]
Read more
Siemens Energy’s Gamesa to cut 4,100 jobs, CEO says in staff letter
FRANKFURT (Reuters) -Siemens Energy’s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit’s Chief Executive Jochen Eickholt said in[...]
Read more