By Kirstin Ridley LONDON (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy…
GM inks deal with GlobalFoundries to secure U.S.-made chips
By Jane Lanhee Lee, Joseph White and Stephen Nellis OAKLAND, Calif/DETROIT (Reuters) -General Motors Co and chipmaker GlobalFoundries Inc on…
Republican senators seek to reverse U.S. heavy-duty truck emissions rule
By David Shepardson WASHINGTON (Reuters) – A group of 34 Republican senators said on Thursday they would seek to overturn…
Meta restores Donald Trump’s access to Facebook, Instagram
(Reuters) -Meta Platforms Inc has restored former U.S. President Donald Trump’s access to Facebook and Instagram, Meta spokesperson Andy Stone…
Activist Peltz makes nice with Disney, ends board challenge
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz on Thursday ended his quest for a board seat…
PepsiCo says no more price hikes after better-than-expected quarterly results
By Ananya Mariam Rajesh (Reuters) -PepsiCo Inc said on Thursday it will not raise prices of its sodas and snacks…
Yellen wants bolder World Bank steps on climate change, global issues
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged the World Bank to map out “bolder and more imaginative” steps on…
Credit Suisse warns of more losses, drawing regulatory attention
By Noele Illien and Oliver Hirt ZURICH (Reuters) – Credit Suisse Group on Thursday reported its biggest annual loss since…
Analysis: Bayer’s new CEO has a full in-tray as investors push for change
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer’s incoming CEO is inheriting a full in-tray from his predecessor:…
Yellen says China should move faster on some debt restructurings
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday that she wants China to move more quickly to support…