By Abhirup Roy SAN FRANCISCO (Reuters) -Elon Musk’s army of small-investor allies took a victory lap on Thursday as the Tesla CEO won a critical shareholder vote for his $56 billion pay package[...]
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June 14, 2024
US fines Emirates $1.5 million for operating in prohibited airspace
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Thursday it fined Emirates $1.5 million for operating flights carrying JetBlue Airways’ designator code in prohibit[...]
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Japan core inflation set to accelerate, keeping BOJ on track for more rate hikes
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s nationwide core consumer inflation likely accelerated to 2.6% year-on-year in May from 2.2% in the previous month, a Reuters poll of 18 econo[...]
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Tesla’s Musk wins shareholder approval for $56 billion pay package, touts his ability to ‘deliver’
By Hyunjoo Jin, Ross Kerber, Akash Sriram (Reuters) -Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his lead[...]
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Japan could be energy-independent by 2060 thanks to renewables, Rystad Energy CEO says
By Katya Golubkova TOKYO (Reuters) – Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with stor[...]
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Carlyle, KfW join forces in effort to buy Thyssenkrupp warship division, sources say
By Christoph Steitz, Emma-Victoria Farr and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Private equity firm Carlyle and German development bank KfW are in talks to jointly buy most of Thyss[...]
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Morning Bid: BOJ’s dovish surprise, AI and the Pope
A look at the day ahead in European and global markets from Ankur Banerjee The Bank of Japan provided a dovish surprise to the market after the central bank said it would trim bond buying in the futur[...]
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BOJ keeps rates steady, decides to lay out bond taper plan next month
TOKYO (Reuters) – The Bank of Japan kept interest rates unchanged on Friday but said it would trim bond buying in the future to allow long-term interest rates to move more. At its two-day policy[...]
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