Reuters

(Reuters) - Paramount Global controlling shareholder Shari Redstone received the fewest votes among other directors in the company's board election, a filing on Friday showed.

Redstone received 32.2 million votes for her election to the board, the lowest out of the six candidates, while also getting the most votes against her election at more than 905,000.

Paramount's annual shareholder meeting was held on Tuesday where the company's... (continue reading...)

By Siddharth Cavale

BENTONVILLE, Arkansas (Reuters) - Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said.

"This is something we're looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, said on the sidelines of the company's shareholder meeting near its Bentonville, Arkansas,... (continue reading...)

WASHINGTON (Reuters) - The Federal Communications Commission on Friday asked the U.S. 6th Circuit Court of Appeals to transfer a series of industry legal challenges to its decision to reinstate landmark net neutrality rules to a federal court in Washington, D.C.

The Cincinnati-based 6th Circuit was randomly selected after legal challenges were filed in seven circuit courts. The FCC asked that the case be transferred to the U.S. Circuit Court of Appeals... (continue reading...)

By Anna Mehler Paperny

(Reuters) -A potential strike by thousands of Canadian border workers is on hold as negotiations with their employer, the federal government, continue through a mediator, the Public Service Alliance of Canada (PSAC) union said on Friday.

Mediation is scheduled to continue until Wednesday, PSAC said just ahead of Friday afternoon's strike deadline.

The U.S. is Canada's biggest trading partner, with an... (continue reading...)

By Mimosa Spencer

PARIS (Reuters) - The departure of Chanel's top designer early Thursday sent ripples across the $1.62 trillion luxury goods industry at a time when all the major global players are at a crossroads.

The playbook at the world's top fashion labels like privately owned Chanel and LVMH-owned Louis Vuitton and Dior has been to heavily market new styles from their high-profile designers while significantly boosting retail... (continue reading...)