US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits

US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits

WASHINGTON, June 21 (Reuters) – The US Supreme Court on Tuesday rejected Bayer AG’s (BAYGn.DE) bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer as the German company seeks to avoid potentially billions of dollars in damages. The justices turned away a Bayer appeal and left in place a lower … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

The logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com register PBOC taking application signals license may come soon – sources Financial holding license to pave way for Ant market … Read more

US agency upgrades Tesla Autopilot safety probe, step before possible recall

WASHINGTON, June 9 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) on Thursday said it was upgrading its probe into 830,000 Tesla (TSLA.O) vehicles with its advanced driver assistance system Autopilot, a required step before it could seek a recall. The auto safety agency in August opened a preliminary evaluation to assess the performance … Read more

EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources

Ant aims to file preliminary prospectus as soon as July-sources Ant needs CSRC’s guidance on timing of prospectus filing-source Ant says there is no plan to relaunch its IPO-statement Warburg Pincus valued Ant at $180 bln at end-March-source HONG KONG, June 9 (Reuters) – China’s central leadership has given billionaire Jack Ma’s Ant Group a … Read more

Wall Street stock trading rules set for overhaul-sources

US Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, US, September 14, 2021. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com register WASHINGTON/NEW YORK, June 8 (Reuters) – US regulators are going to … Read more

Amazon stock split may draw retail traders in tough market

The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Register now for FREE unlimited access to Reuters.com register NEW YORK, June 6 (Reuters) – Amazon’s (AMZN.O) stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this … Read more

Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids

The new logo of Deutsche Bank’s DWS Asset Management is pictured at their headquarters in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com register DWS investigated over alleged greenwashing Prosecutors raided DWS and Deutsche Bank on Tuesday DWS shares down 24% since August last year Whistleblower says more … Read more

Facebook-owner Meta Platforms’ Sheryl Sandberg to leave after 14 years

June 1 (Reuters) – Meta Platforms Inc (FB.O) Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world’s biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday. The announcement initially felt the social media firm’s shares … Read more

How a cheap component could help kill off combustion cars

LONDON/BERLIN, May 30 (Reuters) – The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of … Read more

Alibaba waives 2022 guidance citing COVID-19 risks as revenue growth slows

The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com register May 26 (Reuters) – Alibaba Group (9988.HK), on Thursday said it would not give a forecast for the current fiscal year due to COVID-19 risks as it reported … Read more