EXCLUSIVE SEC probes Tesla over whistleblower claims on solar panel defects

EXCLUSIVE SEC probes Tesla over whistleblower claims on solar panel defects

SAN FRANCISCO/WASHINGTON, Dec 6 (Reuters) – The U.S. securities regulator has opened an investigation into Tesla Inc (TSLA.O) over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according to a letter from the agency.The probe raises … Read more

New York exit: Didi bows to regulatory pressure for U.S. delisting

New York exit: Didi bows to regulatory pressure for U.S. delisting

HONG KONG, Dec 3 (Reuters) – Just five months after its debut, ride-hailing giant Didi Global (DIDI.N) said it plans to withdraw from the New York stock exchange and pursue a Hong Kong listing, a stunning volte-face as it bends to Chinese regulators angered by its U.S. IPO.Its shares plunged 9% in premarket trading, after … Read more

GSK says tests indicate antibody drug works against Omicron

GSK says tests indicate antibody drug works against Omicron

Sotrovimab, developed with Vir, tested in lab and on hamstersKey Omicron mutations did not elude drug activity in studyTests continuing on further mutationsDec 2 (Reuters) – Laboratory analysis of the antibody-based COVID-19 therapy GlaxoSmithKline (GSK.L) (GSK) is developing with U.S. partner Vir (VIR.O) has indicated the drug is effective against the new Omicron variant, the … Read more

Macau arrests 11 people for alleged illegal gambling and money laundering

Macau arrests 11 people for alleged illegal gambling and money laundering

A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip//File PhotoRegister now for FREE unlimited access to reuters.comRegisterHONG KONG, Nov 28 (Reuters) – Macau police have arrested 11 people in an investigation into an illegal gambling and money laundering syndicate, according to an … Read more

U.S. President Biden calls for intellectual property protection waivers after Omicron discovery

U.S. President Biden calls for intellectual property protection waivers after Omicron discovery

WASHINGTON, Nov 26 (Reuters) – U.S. President Joe Biden on Friday called on nations expected to meet at the World Trade Organization next week to agree to waive intellectual property protections for COVID-19 vaccines in the wake of the identification of a new coronavirus variant in South Africa.However, the meeting he was referring to was … Read more

China asks Didi to delist from U.S. on data security fears – Bloomberg News

China asks Didi to delist from U.S. on data security fears - Bloomberg News

SHANGHAI, Nov 26 (Reuters) – Chinese regulators have asked top executives of ride hailing giant Didi Global Inc (DIDI.N) to devise a plan to delist from the New York Stock Exchange due to concerns about data security, Bloomberg News reported.China’s tech watchdog wants the management to take the company off the U.S. bourse on worries … Read more

Anti-money laundering credentials key for Binance’s Paris plans – regulator

S.Korean game producers chase NFTs in real-money boost for players and firms

PARIS, Nov 25 (Reuters) – France’s financial sector regulator said on Thursday that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possible regional hub in Paris.Regulators across the world have in recent months scrutinised Binance, the world’s largest exchange by trading volumes. Some have … Read more

No stranger to turmoil, Dutch dealmaker Wynaendts set for Deutsche chair

No stranger to turmoil, Dutch dealmaker Wynaendts set for Deutsche chair

The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File PhotoRegister now for FREE unlimited access to reuters.comRegisterAlexander Wynaendts oversaw bailout and deals as Aegon CEOTakes helm at crucial time for Germany’s largest lenderWynaendts a true European with global network, CEO says in memoDeutsche Bank poaches chief risk officer … Read more

“Action is required from you” – UN climate talks enter last stretch

"Action is required from you" - UN climate talks enter last stretch

COP26 conference due to end on FridayNations at odds over how to keep 1.5C goal alivePoor countries seek funds to tackle climate changeGLASGOW, Nov 12 (Reuters) – A new draft agreement drawn up for the last scheduled day of the U.N. climate conference in Glasgow on Friday presses countries to reach higher in their plans … Read more

UN climate talks draft asks for higher emissions pledges by 2022

UN climate talks draft asks for higher emissions pledges by 2022

A cameraman sits in front of a screen displaying COP26 logo during a news conference at the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 5, 2021. REUTERS/Phil NobleHost Britain writes first draft of COP26 summit conclusionsProposal ask countries to upgrade climate goals in 2022Draft also singles out need to reduce fossil fuel … Read more