Tesla jumps on plan to seek approval for another stock split
LONDON – Tesla said it is planning a second stock split in roughly two years, giving a lift to shares that had been trading lower on news that Covid-19 is again disrupting…
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Didi said to halt Hong Kong listing plan on cyber security probe
HONG KONG – Didi Global has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling…
Toshiba split proposal dealt blow as proxy firm rejects plan
NEW YORK – Toshiba’s proposal to split into two companies has been dealt a blow after a prominent shareholder advisory firm came out against the plan. Institutional Shareholder…
Putin says Russian operation in Ukraine is going to plan
MOSCOW – President Vladimir Putin said on Thursday (March 3) that Russia’s military operations in Ukraine were going according to plan and he praised its soldiers as heroes. “I…
Green finance groups slam HSBC carbon exit plan
LONDON – British banking giant HSBC on Tuesday (Dec 14) published a plan to stop financing thermal coal activities but drew immediate criticism from environmentalists for not…
Biden in Michigan to tout spending plan as gridlock grips Washington
President Joe Biden travelled to Michigan on Tuesday (Oct 5) to broadcast the benefits of his huge social spending package for a wide swathe of Americans, while lawmakers in his…
London takes aim at New York with five-year financial plan
LONDON – Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York…
Health Officials Advise White House to Scale Back Booster Plan for Now
This week, two of the F.D.A.’s top vaccine regulators announced that they would be leaving the agency this fall, apparently partly because of frustration with the administration’s booster…
BlackRock joins Citi to study plan to shut coal plants early
SINGAPORE – BlackRock and other major financial institutions are working on plans to accelerate the closure of coal-fired power plants in Asia in a bid to phase out the use of the worst…
EU seeks to rival China’s Belt and Road with own infrastructure plan
BRUSSELS – European Union foreign ministers agreed on Monday (July 12) to launch a global infrastructure plan linking Europe to the world, its latest step after deals with India and Japan…