By David Dolan and Daniel Leussink TOKYO (Reuters) -A trio of European asset managers has submitted a shareholder proposal urging Toyota Motor Corp to improve disclosure of its lobbying on climate change, likely the first time such a resolution will go before the Japanese automaker’s investors. The move by the three funds, which collectively hold…
By Umit Ozdal and Daren Butler DIYARBAKIR, Turkey (Reuters) – Formerly a Tayyip Erdogan supporter, broadcaster Mehmet Dalgic switched allegiance to his main challenger after the ruling AK Party failed to offer sympathy for the destruction of his TV station in southeast Turkey in February’s earthquake. The lack of support was the final straw in…
(Reuters) – Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the platform. Last year, Musk flagged plans for “Twitter 2.0 The Everything App”, which he said would have features such as encrypted direct messages (DMs), longform tweets and payments. “Coming soon will…
By Arpan Chaturvedi, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, bolstering the country’s fourth-largest carrier chances of getting back on its feet, but lessors are expected to mount legal challenges to repossess planes. The low-cost carrier, recently rebranded as Go First, was plunged…
By Helen Reid (Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Muller said on Wednesday after the retailer delivered a lower profit margin in Europe that disappointed the market. Ahold shares fell 1.7% by 0940 GMT after its operating profit margin in…
(Reuters) -Britain is set to formally classify Russian mercenary force Wagner Group as a terrorist organisation as a way of increasing pressure on Russia, The Times newspaper reported on Tuesday. Wagner mercenaries have spearheaded Russia’s months-long assault on the Ukrainian city of Bakhmut. The Home Office has been building a case for two months and…
By Steve Gorman (Reuters) -The man who shot eight people to death at a Dallas-area shopping mall over the weekend harbored neo-Nazi sympathies but appeared to have targeted his victims at random, without regard for race, age or sex, Texas law enforcement officials said on Tuesday. Authorities also disclosed new details about the gunman’s background….
By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) – Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume as diplomatic relations improve. Australian trade data shows exports worth A$60.5…
NEW DELHI (Reuters) – Pratt & Whitney plans to oppose Go Airlines (India) Ltd’s push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed. The airline, widely known as Go First, approached the Delaware court after it won an arbitration order in Singapore against…
SHANGHAI (Reuters) -BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world’s largest auto market with lower-priced products. The company replaced its line-up of the model with five new versions. That includes a rear-wheel…
