By Louise Rasmussen and Gwladys Fouche
OSLO (Reuters) -Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year.
The fund is Tesla's eighth-biggest shareholder, according to LSEG data.
Musk's pay, the largest for a CEO in corporate America, was... (continue reading...)
By Barbara Erling, Kuba Stezycki and Kacper Pempel
BIALOWIEZA, Poland (Reuters) - Surrounded by lush forests, a dozen people huddled near a razor-tipped fence along the Belarus border, waiting for a chance to scale it or push aside its slats to head west into Poland.
On the other side, armed Polish border guards and soldiers walked and drove back and forth, keeping a close eye on group, who were mostly young men from the Middle East,... (continue reading...)
(Reuters) - Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.
Buffett's company bought additional shares in Occidental's common stock for more than $150 million and now owns about 250.6 million shares in the energy producer.
Occidental shares closed at $59.48 on Friday.
As of March, Berkshire owned a roughly... (continue reading...)
TOKYO (Reuters) - Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel's employees and community leaders this week to gain better understanding of its proposed acquisition of the U.S. company and saw positive reaction, a company spokesperson said.
Mori, the key negotiator for the U.S. Steel deal, returned to the United States this week, soon after a May 20-26 trip, in an effort to close the deal amid growing regulatory scrutiny and political... (continue reading...)
KYIV (Reuters) - Ukrainian air defence and mobile drone hunters groups shot down nine out of 13 Russian drones over four regions of the country, the air force said on Saturday.
The Iranian-made Shahed drones were downed over the central Poltava region, southeastern Zaporizhzhia and Dnipropetrovsk regions, and the Kharkiv region in the northeast, the statement said. One X-59 Russian missile launched from Russia's Kursk region was also downed.
... (continue reading...)More Reuters
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