Reaction to Didi Global’s plans to delist from New York

December 3 (Reuters) – The following are reactions to ride-high giant Didi Global (DIDI.N)’s decision to delist from the New York Stock Exchange and pursue a listing in Hong Kong, after succumbing to pressure from Chinese regulators who are concerned about data security. Didi encountered Chinese authorities pushing ahead with its 4.4 billion US IPO … Read more

Didi Global will begin work on delisting from New York to continue its listing in Hong Kong

A sign of the Chinese driving service Didi is seen at its headquarters in Beijing, China July 5, 2021. REUTERS / Tingshu Wang Sign up now for FREE unlimited access to Sign up SHANGHAI, December 3 (Reuters) – Chinese equestrian giant Didi Global (DIDI.N) will delist from the New York Stock Exchange and pursue … Read more

Austrian Chancellor Schallenberg says he will resign

Austrian Chancellor Alexander Schallenberg speaks at a press conference at a mass vaccination center for children with coronavirus (COVID-19), in Tulln, Austria on 1 December 2021. REUTERS / Lisi Niesner Vienna, December 2 (Reuters) – Austrian Chancellor Alexander Schallenberg said on Thursday he would resign once his Conservative People’s Party agreed on his next leader, … Read more

Archbishop of Paris asks for forgiveness, says goodbye to the relationship

The French Archbishop of Paris Michel Aupetit participates in the annual Good Friday “Stations of the Cross” procession in the gardens of the Montmartre Sacre Coeur Basilica in Paris, France, March 30, 2018. REUTERS / Charles Platiau Sign up now for FREE unlimited access to Sign up PARIS, December 2 (Reuters) – The French … Read more

Austria’s Kurz leaves politics and leaves ruling Conservatives in disarray

Bends out after undergoing corruption investigation Kurz has dominated national politics for years No obvious successor as strongman for the Conservative Party A new party leader could lead to cabinet reshuffle VIENNA, December 2 (Reuters) – Former Chancellor Sebastian Kurz stunned Austria, leaving a vacuum in his ruling Conservative party on Thursday, announcing he was … Read more

Erdogan elects low-cost prime minister as finance minister as the Turkish lira slips

Turkish President Tayyip Erdogan speaks at a press conference following his meeting with German Chancellor Angela Merkel (not pictured) at the Huber Mansion in Istanbul, Turkey on October 16, 2021. REUTERS / Murad Sezer / File Photo Sign up now for FREE unlimited access to Sign up New minister has backed Erdogan’s desire to … Read more

Bristol Myers is sued for denying religious exemptions from COVID-19 vaccine

NEW YORK, Dec. 1 (Reuters) – Bristol Myers Squibb Co (BMY.N) was sued on Wednesday by four employees who said the drug manufacturer refused to give them religious exemptions from their COVID-19 vaccination requirements and threatened to fire them on December 6 to remain unvaccinated. The plaintiffs in the proposed class action lawsuit filed in … Read more

Stellantis CEO says the cost burden for electric cars is “beyond limits” for automakers

DETROIT, December 1 (Reuters) – Stellantis NV (STLA.MI) CEO Carlos Tavares said external pressure on carmakers to speed up the shift to electric vehicles could potentially threaten jobs and vehicle quality as manufacturers struggle to cope with the higher costs of to build electric cars. Governments and investors want carmakers to speed up the transition … Read more

New York accuses Amazon of stepping back over worker safety, seeks surveillance

Amazon crates to be stacked for delivery in New York City’s Manhattan, January 29, 2016. REUTERS / Mike Segar Sign up now for FREE unlimited access to Sign up NEW YORK, Nov. 30 (Reuters) – New York State’s Attorney General on Tuesday asked a state judge to appoint a monitor to monitor worker safety … Read more

Google failed to abide by the promise of “do not be mean” in firing engineers – lawsuit

The logo of Google LLC can be seen in the Google Store Chelsea in Manhattan, New York City, New York, USA, November 17, 2021. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Sign up SAN FRANCISCO, Nov. 29 (Reuters) – A group of former Google employees sued the unit Alphabet … Read more