COPENHAGEN, June 11 Reuters Some Nordic retail brokerages are allowing clients to vote at Tesla39;s annual general meeting AGM this week, departing from their regular practice, after significant interest from investors and online comments from CEO Elon Musk. The June 13 AGM is shaping up as a referendum on Musk39;s leadership, after a judge invalidated the CEO39;s 56 billion pay […]

Earlier concessions were deemed inadequate Commission has set Aug. 20 deadline for its decision BRUSSELS, June 11 Reuters British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain39;s Air Europa. We submitted a new remedy package with some adjustments compared to the previous one, […]

BRUSSELSFRANKFURTROME, June 11 Reuters Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stake in stateowned Italian carrier ITA despite their concerns about longhaul flights, three people with direct knowledge of the matter said. German airline Lufthansa, which wants to buy 41 of Alitalia successor ITA and has so […]

June 11 Reuters General Motors said on Tuesday it will buy back outstanding shares worth 6 billion as part of a new stock repurchase plan. The board approval follows a 10 billion accelerated share repurchase announced by the automaker in November 2023. It had also raised its dividend by 33 to 12 cents per share in […]

HONG KONG, June 11 Reuters HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asiafocused lender completed the acquisition of Citigroup39;s consumer wealth portfolio in the world39;s secondlargest economy. The portfolio of investment assets and deposits and clients across 11 major cities in mainland China has also been integrated […]

BENGALURU, June 11 Reuters IndiGo airline39;s biggest shareholder will sell a 2 stake worth 394 million in the lowcost Indian carrier on Tuesday, per a term sheet seen by Reuters, marking its first such sale in at least four years during which the company39;s stock has soared. Interglobe Enterprises, which had a 37.75 stake in […]

Struggling firm selects Layani39;s bid over Kretinsky39;s Investor wants to keep Atos Frenchcontrolled, safeguard jobs Decision likely ends Kretinsky39;s attempts to acquire the firm Atos shares down more than 80 so far in 2024 PARIS, June 11 Reuters French tech group Atos has picked an offer to restructure its debt led by anchor investor David Layani, […]