Lawyers win big in $787.5 million Fox defamation case

By Andrew Goudsward (Reuters) – The $787.5 million settlement that ended Dominion Voting Systems’ defamation lawsuit against Fox Corp also marks the end of a lucrative, two-year legal battle for the sprawling teams of highly-paid lawyers on both sides. At least 31 lawyers from nine different law firms worked on the case, court filings show….

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Amazon to expand office supplies business after pandemic sales boost in Europe

LONDON (Reuters) – Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts. Amazon Business’ gross sales in Europe grew at a compound annual rate of 25% from 2020 to 2022, vice president Alexandre Gagnon said…

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Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes

By Ben Blanchard TAIPEI (Reuters) – Taiwan’s Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as it seeks to expand its routes beyond Asia to keep up with booming post-pandemic demand, the carrier’s chief executive said. Starlux, Taiwan’s newest full-service airline, launched its first flights in 2020 and serves destinations including…

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BlackRock’s Hildebrand says UBS role in Switzerland in focus after CS rescue

By Yoruk Bahceli and Padraic Halpin DUBLIN (Reuters) -The vice chairman of big UBS shareholder BlackRock Philipp Hildebrand said on Thursday attention was now on how the bank positions itself going forward following its forced rescue of Credit Suisse last month. Speaking about broader banking turmoil that also saw two U.S. lenders collapse in March,…

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Israel cements ties to Turkmenistan on Iran’s border

ASHGABAT (Reuters) -Israeli Foreign Minister Eli Cohen inaugurated a permanent embassy in the Central Asian nation of Turkmenistan on Thursday, establishing his country’s closest diplomatic presence to Iran, as Israel seeks to strengthen ties to its arch-foe’s neighbours. Although the countries established diplomatic relations 30 years ago, there had only been a temporary Israeli mission…

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