By Tom Hals
WILMINGTON, Delaware (Reuters) - The legal team that voided Elon Musk's record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested because their lawsuit provided almost no benefit for the company, the electric automaker argued in court papers on Friday.
Tesla said the legal team for Richard Tornetta, the shareholder whose lawsuit led to a January ruling voiding Musk's $56 billion pay... (continue reading...)
AMSTERDAM (Reuters) - The Dutch government will invest 400 million euros ($432 million) in the production of combat vehicles for Ukraine, it said on Friday.
The government said it would participate along with Denmark in a Swedish fund aimed at ramping up production of CV90 vehicles, many of which would be manufactured in the Netherlands.
The CV90, or Combat Vehicle 90, is an armoured tracked vehicle with anti-tank capabilities that can... (continue reading...)
(Reuters) - The U.S. International Trade Commission (ITC) voted on Friday to proceed with an investigation into whether solar panels from Southeast Asia are stifling domestic manufacturing, a step that could result in tariffs on the majority of panel imports.
The four-member panel voted unanimously to pursue the probe into imports from Malaysia, Thailand, Cambodia and Vietnam. The brief meeting was broadcast online.
The vote was the... (continue reading...)
(Reuters) - United Nations Secretary-General Antonio Guterres has added Israel's military to a global list of offenders who have committed violations against children, said Israel's U.N. envoy Gilad Erdan, describing the decision as "shameful."
Erdan said he was officially notified of the decision on Friday. The global list is included in a report on children and armed conflict that is due to be submitted to the U.N. Security Council on June 14.
... (continue reading...)LONDON (Reuters) - Global payments processors Visa and Mastercard must face a new set of lawsuits over fees charged to retailers, after a London tribunal ruled on Friday that collective cases brought on behalf of merchants can proceed.
The two firms already face a long list of lawsuits in London over multilateral interchange fees, which retailers pay when consumers use a card to shop.
Visa and Mastercard are each being sued by hundreds of... (continue reading...)
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