Page 1093 - Reuters

Shareholders oust Toshiba board chairman in major win for Japan governance

For many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan

Global shares near record on United States infrastructure bill

Futures pointed to a higher open for share markets in Europe

China's ban forces some bitcoin miners to flee overseas, others sell out

"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan

Panasonic sells Tesla stake for $3.6 billion, may use cash for investments

The sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth

Toshiba board chairman fails to win reappointment in shareholder vote

Shareholders at crisis-ridden Toshiba Corp voted out its board chairman and one other director on Friday, a forceful rebuke of the company

Bolsonaro says Brazil didn't spend cent on Bharat Bio vax deal under probe

Brazil officials are investigating the deal with the Indian company, citing the fact that the government struck a speedy agreement and ignored offers from Pfizer in 2020.

Asian shares up as US infrastructure bill lifts S&P to a record high

In morning trade, MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.58%

Oil keeps climbing for fifth week on tight supply outlook, eyes on OPEC+

US West Texas Intermediate (WTI) crude futures rose 8 cents, or 0.1%, to $73.38 a barrel at 0216 GMT, headed for a 2.4% gain for the week

John McAfee was in despair, died of suicide in Spain prison: Lawyer

McAfee's lawyer, Javier Villalba, said the anti-virus software pioneer died by hanging as his nine months in prison brought him to despair

Nike forecast for online sales boom, post-lockdown demand drives shares up

The sneaker maker's shares rose nearly 13% after the bell as the company also posted better-than-expected quarterly earnings and revenue

Pivotal Toshiba shareholder vote on future of board chairman begins

Toshiba Corp kicked off its annual general meeting on Friday (Jun 25), with shareholders set to decide on whether to keep Osamu Nagayama as board chairman

Panasonic sold its entire stake in Tesla last financial year: Nikkei

Japan's Panasonic Corp sold all of its stake in Tesla Inc last financial year which helped it earn billions of dollars in proceeds to fund new investments, the Nikkei business daily reported

Japan insurers struggle to pinpoint climate change cost estimates

Calculating climate costs is no easy task even for Japanese insurers, armed with sophisticated models to predict the course and intensity of typhoons, and the damage they could cause

Explainer: Climate change and financial disclosure - what's at stake?

Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions.

FedEx shares fall more than 4% as labor woes weigh on 2022 outlook

Shares in US delivery firm FedEx Corp shed more than 4% after hiring difficulties tempered its 2022 earnings forecast

Near-term global bond market correction likely-strategists: Reuters poll

A significant global bond market correction is likely in the next three months as central bankers eye the exit door from pandemic emergency policy, according to a Reuters poll of strategists

Microsoft challenges Apple's biz model with new Windows 11 operating system

The company also said it will integrate its Teams chat software directly into the operating system, a move that could cause conflict with Slack Technologies Inc, Microsoft's top rival in the workplace

Oil steadies near three-year highs on recovery signs

By Laura Sanicola

India's airline fleet to contract, fall below 700 on weak demand: CAPA

Indian airlines are expected to induct 69 planes during the year and retire 86 aircraft, some of which could be through repossessions by lessors

Google delays Chrome's blocking of tracking cookies to late 2023

Alphabet shares were up 0.5% in early Thursday afternoon trading.