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Will Smith Banned From Attending Oscars for 10 Years After Slap
Date: April 8, 2022
By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s film academy on Friday said its board of governors banned Will Smith from any of its events, including the Oscars, for 10 years after the best actor winner slapped presenter Chris Rock on stage at the Academy Awards ceremony. “The 94th Oscars were meant to be a celebration...
Factbox-Atlantia’s Main Shareholders and Businesses
Date: April 7, 2022
MILAN (Reuters) – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the two funds said. Shares in Atlantia, which has a market capitalization of over 16 billion euros ($17.5 billion), surged 10% on Thursday as the...
UK Financial Watchdog Promises to Shut Down Failing Firms Faster
Date: April 7, 2022
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to deal with corporate collapses more efficiently and tackle a rising volume of scams. The Financial Conduct Authority said its new three-year strategy plan would...
Analysis-As Tougher Climate Disclosures Hit, Campaigners Scour for Laggards
Date: April 7, 2022
By Kirstin Ridley and Simon Jessop LONDON (Reuters) -A push by Britain to toughen up corporate environmental disclosures will cast a spotlight on climate change dawdlers as campaigners increasingly turn to the courts to force a speedier transition to a low-carbon economy. Almost 2,000 climate change-related lawsuits have been launched around the world to date,...
Hong Kong Deputy Chief Says He Plans to Run for City’s Top Job
Date: April 6, 2022
By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong Chief Secretary John Lee, a security official during the global financial hub’s prolonged and often violent 2019 pro-democracy protests, said on Wednesday he had resigned in a bid to run in an election in May to become the city’s new leader. Lee, 64, a...
Musk to Join Twitter Board, Promises ‘significant Improvements’
Date: April 5, 2022
By Nivedita Balu (Reuters) -Tesla Inc boss Elon Musk vowed “significant” improvements at Twitter Inc on Tuesday, after the micro-blogging site announced plans to name him to the board. The appointment, however, will potentially block chances of a takeover bid from Musk as he cannot own more than 14.9% of Twitter’s stock either as an...