Exxon shareholders reject resolutions on climate and splitting CEO, chairman roles

Exxon shareholders reject resolutions on climate and splitting CEO, chairman roles
DALLAS (Reuters) – Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board chairman roles that some had promoted to protest a decision to strike an unrelated climate change resolution from the ballot. FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference... Read More

Taking aim at U.S., China says provoking trade disputes is ‘naked economic terrorism’

Taking aim at U.S., China says provoking trade disputes is ‘naked economic terrorism’
A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee BEIJING (Reuters) – China’s Vice Foreign Minster Zhang Hanhui said on Thursday deliberately provoking trade disputes amounted to “naked economic terrorism”, as Beijing continued to dial up its rhetoric amid the festering trade war with the United States. Zhang made... Read More

China vice minister says provoking trade disputes is ‘naked economic terrorism’

China vice minister says provoking trade disputes is ‘naked economic terrorism’
A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee BEIJING (Reuters) – China’s Vice Foreign Minster Zhang Hanhui said on Thursday deliberately provoking trade disputes amounted to “naked economic terrorism”, as Beijing continued to dial up its rhetoric amid the festering trade war with the United States. Zhang made... Read More

China set to control rare earth supply for years due to processing dominance

China set to control rare earth supply for years due to processing dominance
(Reuters) – U.S. companies are years away from challenging Chinese dominance of rare earth minerals due to a lack of domestic processing facilities, ensuring the Asian nation will maintain its near-monopoly on refining and powerful leverage in trade talks. FILE PHOTO: Molten rare earth metal Lanthanum is poured into a mold at Jinyuan Company’s smelting workshop near the town of... Read More

Exclusive: Disney CEO says it will be ‘difficult’ to film in Georgia if abortion law takes effect

Exclusive: Disney CEO says it will be ‘difficult’ to film in Georgia if abortion law takes effect
ANAHEIM, Calif. (Reuters) – Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state. FILE PHOTO: Disney’s Chief Executive Officer Bob Iger attends the opening event... Read More

Australia’s AMP hit with class-action lawsuit from pension account holders

Australia’s AMP hit with class-action lawsuit from pension account holders
FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office located in central Sydney, Australia, May 5, 2017. Picture taken May 5, 2017.REUTERS/David Gray (Reuters) – Australian law firm Maurice Blackburn said on Thursday it has filed a class-action lawsuit against wealth manager AMP Ltd on the behalf of all AMP superannuation fund account... Read More

Pence, Trudeau to discuss Huawei and China trade issues in Ottawa: official

Pence, Trudeau to discuss Huawei and China trade issues in Ottawa: official
WASHINGTON (Reuters) – U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their countries’ joint dispute with China over Huawei during a meeting in Ottawa on Thursday, a senior U.S. administration official said. FILE PHOTO: People hold signs calling for China to release Canadian detainees Michael Spavor and Michael Kovrig during a court appearance by Huawei’s... Read More