Toshiba agrees ceasefire with investors but fight is far from over
For four years, Toshiba has been at war with its investors in an acrimonious conflict that has smashed the decades-old...
Meta: Sheryl Sandberg exits the metaverse
Fourteen years after joining Facebook, Sheryl Sandberg is leaning back and stepping down. Her departure as chief operating officer of...
Saudi Arabia ready to pump more oil if Russian output sinks under ban
Saudi Arabia has indicated to western allies that it is prepared to raise oil production should Russia’s output fall substantially...
Sheryl Sandberg to step down from Facebook parent Meta
Sheryl Sandberg is stepping down as the chief operating officer of Facebook’s parent company Meta after 14 years, a major...
US brings first insider trading case involving NFTs
US prosecutors have charged a former employee of OpenSea, the popular marketplace for non-fungible tokens, with trading on confidential information...
Xiaomi-linked companies halt IPOs after Chinese regulator scrutiny
Xiaomi-linked companies have faced increased scrutiny from China’s regulators, with some pausing planned initial public offerings after being questioned about...
How Power Contract Transparency Can Help Fight Poverty And Climate Change
By Rushaiya Ibrahim-Tanko and Todd Moss The world must solve two global crises – energy poverty and climate change –...
Fossil Fuels Are ‘Weapons Of Mass Destruction’ Preventing Economic Development, New Report Finds
Unchecked production and use of oil, coal and gas is undermining economic development and is incompatible with poverty alleviation worldwide,...
Wall Street stocks kick off June on an upbeat note after turbulent May
Wall Street stocks kicked off June on an upbeat note, following a turbulent month for global equity markets.The broad S&P...
Impax profits jump as sustainable fund house shrugs off turbulence
Impax Asset Management has reported a big jump in pre-tax profits, even as the environmental, social and governance-focused investing sector...
Pfizer to exit GSK consumer health joint venture after London listing
Pfizer will sell down its stake in Haleon, its consumer health joint venture with GlaxoSmithKline, after a London listing planned...
Towing A Trailer With An F150 Lightning Cuts Range In Half, As Expected, Here’s The Hidden Cost
An online report from an F-150 Electric driver indicates his range was cut in half when he towed an Airstream....
No Relief In Sight For Gas Prices Or Biden
Oil prices extended a bull run Tuesday after the EU agreed to a partial and phased ban on Russian oil...
The Lex Newsletter: tech shareholder meetings are an annual waste of time
Dear reader,Last week, Facebook owner Meta, Twitter and Amazon all held annual shareholder meetings in which investors had the chance...
Apple iPads: Vietnamese switch will fortify a vulnerable supply chain
Apple is moving some iPad production out of China to Vietnam. The shift will protect the device maker against political...
SoftBank and Goldman invest in electric supercar group Rimac
SoftBank and Goldman Sachs have invested in Rimac in a €500mn funding round that gives the Croatian electric supercar maker...
Mexico’s Pemex plans to repay $2bn to suppliers by offering new debt
Mexico’s national oil company Pemex will offer to pay back about $2bn it owes to big-ticket suppliers with new debt,...
US Supreme Court blocks Texas social media ‘censorship’ law
The US Supreme Court has blocked a social media law in Texas that could have prohibited platforms such as Facebook...
Forbes abandons plans to list via Spac
Forbes, the media business known for chronicling the fortunes of the ultra-rich, has abandoned plans to list through a merger...
India’s unicorns cut jobs and close units to conserve scarce capital
India’s biggest start-ups are turning thrifty amid a new reality in which capital has become hard to come by.At online...
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