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By Kate Abnett, Nailia Bagirova and Karin Strohecker BAKU (Reuters) -Countries at the COP29 climate summit were warned on Wednesday that the “hardest part” was about to start in talks over how much money should be provided to developing countries to help them cope with climate change. Figuring out what…
By Tom Polansek CHICAGO (Reuters) – U.S. farmers want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to the market of top soy-importer China. Trump’s Republican party enjoys wide support across the U.S. farm belt, where he won most states in…
By Akash Sriram and Abhirup Roy (Reuters) – Tesla (NASDAQ:)’s investors and analysts will get a chance to grill CEO Elon Musk on his robotaxi plans on Wednesday when the electric automaker reports its quarterly results, after a much-hyped unveil this month that lacked key details and slammed shares. Musk’s…
By Nate Raymond BOSTON (Reuters) -Meta Platforms must face a lawsuit by Massachusetts alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers it posed to the mental health of teenagers, a judge ruled. Suffolk County Superior…
By Jessica DiNapoli NEW YORK (Reuters) – PepsiCo (NASDAQ:) and Coke bottlers in the West Bank are running out of cans and sugar, blocked by the prolonged closure of a Jordan border crossing, managers of two soda-bottling plants in the occupied Palestinian territory said. In the latest global supply chain…
Elon Musk is facing a growing number of legal fights.BI scoured the dockets to find the biggest court cases and investigations posing a threat to the billionaire.Musk has thrown his political support behind Donald Trump ahead of the 2024 election. It’s not unusual for a high-profile business figure to attract…
By Philip Blenkinsop BRUSSELS (Reuters) – European Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc’s highest profile trade case, which risks retaliation from Beijing. The European Commission, which oversees the bloc’s trade…
By Brendan Pierson (Reuters) – A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and St. Louis Children’s Hospital are responsible for a severe intestinal illness that she says her premature son got from the companies’ formulas after he was…
By Ahmad Ghaddar, Trixie Yap and Shariq Khan LONDON/SINGAPORE/NEW YORK (Reuters) – Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown…
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell his $1.7 billion stake in Trump Media after restrictions likely expire on Thursday, other insiders could soon cash in their gains. Trump Media & Technology Group is 57% owned by…
