(Reuters) – Canada’s Northern Dynasty Minerals said on Monday the Alaska district of the U.S. Army Corps of Engineers (USACE) has extended a deadline to comment on future plans regarding the Pebble copper mine to June 29. U.S.-listed shares rose 1.6% in premarket trading, after the second extension of the deadline. The Pacific Ocean Division…
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could potentially cost Volkswagen, Mercedes-Benz and others millions of euros. Companies could owe owners between 5% and 15% of the purchase price of their vehicle, the court ruled, in…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Software company Enfusion Inc is attracting takeover interest from private equity firms and strategic buyers, several people familiar with the matter said. Enfusion’s management has been approached in recent months by Francisco Partners, Vista Equity Partners and investment firm Irenic Capital Management, said the sources who asked not…
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved. Banks have moved quickly to pass on higher interest rates to their mortgage customers, but moved much more…
By Lefteris Papadimas and Karolina Tagaris ATHENS (Reuters) – Kyriakos Mitsotakis promised to rebuild Greece’s credit rating, create jobs, raise wages and boost state revenues after he was sworn in for a second term as prime minister on Monday following a resounding election win. His centre-right New Democracy party got 158 seats in the 300-seat…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rejected Ohio State University’s bid to dismiss lawsuits brought by alleged sexual abuse victims of a now-deceased doctor who was employed by the school’s athletic department and medical staff for nearly two decades. The justices turned away Ohio State’s appeal of a lower court’s…
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman’s leadership faces challenges over its strategy. The bank’s board is gathering in India this week, a second…
By Tom Balmforth KYIV (Reuters) – An abortive mutiny in Russia has shown the risks the Kremlin faces from a long, grinding conflict in Ukraine even though it has not handed Kyiv an immediate breakthrough on the battlefield. Many questions still swirl after Russian mercenary boss Yevgeny Prigozhin’s Wagner forces returned to base after Friday’s…
By Kanishka Singh (Reuters) – Tornadoes and thunderstorms hit the U.S. Midwest and South on Sunday, leaving dozens of homes damaged and at least three people dead in Indiana and Arkansas, authorities said on Monday. The National Weather Service said multiple tornadoes and severe storms were reported on Sunday in central Indiana and Arkansas. Emergency…
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch of a foreign debt public offering of up to 20 billion pesos ($1.17 billion), the company said in a statement on Monday. The issuance will take place on July 6, part of a five-year overall…
