A major showdown is brewing for Tesla’s annual meeting, as Norway’s sovereign wealth fund announced it will lead a charge of major investors voting against Elon Musk’s $1 trillion compensation …
Category:
Business
-
-
China’s state-controlled refining giants, Sinopec and PetroChina Co., are leading an exodus from the Russian oil market. The companies are reportedly canceling cargoes of Russian crude, signaling a significant shift …
-
A flurry of high-profile deals has propelled Nvidia to a historic $5.05 trillion market capitalization, making it the world’s first $5 trillion company. The chipmaker’s value, which has grown by …
-
During Tesla’s earnings call, Elon Musk interrupted proceedings to argue that his trillion-dollar pay package is essential for protecting the company’s ambitious robotics programs from proxy advisor interference. The plea …
-
President Donald Trump’s jaw-dropping threat of 100% tariffs on China is being viewed by some analysts as a classic example of his “escalate to de-escalate” negotiating strategy, a high-stakes maneuver …
-
DeepSeek has officially thrown down the gauntlet to its competitors with the release of DeepSeek-V3.2-Exp, an experimental AI model that doubles down on the company’s strategy of combining high performance …
-
The financial industry’s flagship collective effort on climate change is over. The Net Zero Banking Alliance (NZBA), a UN-convened body of nearly 150 banks at its height, has folded and …
-
The trade relationship between the European Union and the United States is becoming “quite turbulent,” according to a top European industry representative, as the US continues to unilaterally expand the …
-
BP’s new annual outlook confirms what its recent strategic shift signaled: the global commitment to clean energy transition is wavering. The energy major has significantly increased its long-term oil and …
-
Even after successfully meeting the UK’s 2024 electric car sales targets, major automakers launched a concerted lobbying effort to have the rules weakened for future years. Documents reveal that companies …