June 11 (Reuters) – A Tesla (TSLA.O), opens new tab shareholder vote on Thursday on whether to reinstate CEO Elon Musk’s $56 billion pay package that was shot down by a Delaware judge will not provide a quick resolution, irrespective of the tally’s results.…
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STOCKHOLM, June 13 (Reuters) – The Swedish parliament’s finance committee has proposed that the central bank receive a capital injection of 25 billion crowns ($2.40 billion), less than requested by the board, the Riksbank said on Thursday. The central bank in April…
Read moreMADRID, June 11 (Reuters) – Spain’s stock market supervisor said on Tuesday it has started assessing BBVA’s (BBVA.MC), opens new tab 12.28 billion euro ($13.19 billion) hostile takeover bid for Sabadell (SABE.MC), opens new tab, a potential tie-up that Madrid opposes. The National Securities…
Read moreSINGAPORE, June 12 (Reuters) – DBS Group (DBSM.SI), opens new tab plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit’s head, as the top Singaporean bank bets on…
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LONDON, June 13 (Reuters) – Britain’s Revolut is to become the first tenant in a newly refurbished building in London’s Canary Wharf financial district, taking on 40% more floorspace for its new headquarters as the fintech firm accelerates hiring. Bankers…
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[SYDNEY] Australia’s troubled Commonwealth Bank admitted Thursday it has lost financial records for almost 20 million customers in a major security blunder – but insisted there was no need to worry. The nation’s biggest company said it cannot find two…
Read moreSYDNEY—Bapcor has become a 1.83 billion Australian dollar (US$1.21 billion) target for a private equity takeover, five weeks after the Australian automotive-accessory provider issued a profit warning. The ASX-listed company on Tuesday said it received an indicative A$5.40-a-share cash proposal from…
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MADRID, June 11 (Reuters) – Spain’s booming tourism industry will buoy the country’s overall economic growth rate to a solid 2.3% in 2024, much higher than its European Union peers, the Bank of Spain said on Tuesday. In its quarterly…
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NEW YORK/MEXICO CITY, June 10 (Reuters) – The Mexican governing party’s unexpectedly lopsided victory last week has investors concerned that it may use its mandate to sweep aside some of the checks on presidential power which have long been a…
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June 10 (Reuters) – The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp (NYCB.N), opens new tab in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday. The regulator…
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