(Bloomberg) — Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the US Securities and Exchange Commission claimed in a lawsuit filed days before the Trump administration takes over. Most Read from Bloomberg The agency’s … Read more
By Rae Wee SINGAPORE (Reuters) – The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, making them hesitant to take on new positions. The greenback was stabilising in the early Asian session after falling overnight and … Read more
Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat … Read more
(Bloomberg) — Bunge Global SA, one of the world’s largest crop traders, received approval from Canada for its $8 billion acquisition of Viterra Inc. Most Read from Bloomberg The decision Tuesday comes after delays to regulatory approvals around the world pushed back the completion of the deal, previously set for the middle of 2024. The … Read more
By Stephen Nellis (Reuters) – A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to U.S. President Joe Biden complaining that new export controls expected this week were rushed through without consulting them. The Biden administration on Monday released regulations on where computing chips from Nvidia can be placed around … Read more
Large food portions for children may be fuelling Britain’s obesity crisis, with more than a third of parents making youngsters always finish their meals, nutritionists have warned. A new poll for the British Nutrition Foundation (BNF) found 37% of parents always or often make their children eat everything on their plate, with a further 23% … Read more
Two thirds of leading retailers warned they will be forced to hike prices to cope with the increase to National Insurance costs amid mounting pressure on the Chancellor. Two thirds (67%) of 52 chief financial officers surveyed for the British Retail Consortium (BRC) said they would raise prices in response to increases in employers’ National … Read more
A new communications system for emergency services to share more information in real-time is to be designed and built by tech firm IBM, the Home Office has announced. The scandal-hit project to bring in the Emergency Services Network (ESN), first launched in 2015, was supposed to have replaced the ageing Airwave system for police, fire … Read more
Women and their partners should be entitled to paid bereavement leave if they experience a miscarriage, MPs have recommended. Sick leave is an “inappropriate and inadequate form of employer support” for couples after such a pregnancy loss, the Women and Equalities Committee said. Since April 2020 employees can be eligible for statutory parental bereavement leave … Read more
Cyber security has been named as the leading concern among IT leaders, ahead of artificial intelligence, in a poll of the computing sector’s professional body. The annual survey of tech professionals by BCS, the Chartered Institute for IT, found that over a third (36%) said cyber security was the main issue. The study also found … Read more