Dec 15 (Reuters) - Tesla's board of directors has earned more than $3 billion through stock awards that far exceeded the value of those given to peers at the biggest U.S. technology firms at the time they were paid, according to an analysis performed for Reuters by compensation and governance specialist Equilar.
The analysis found CEO Elon Musk's brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held... (continue reading...)
FRANKFURT, Dec 15 (Reuters) - Euro zone industrial output growth accelerated in October, bolstering views that the bloc is picking up momentum as trade uncertainty is dissipating, the labour market remains tight and consumption is inching up.
Industry expanded by 0.8% on the month after a 0.2% increase in September, in line with expectations, data from the EU's statistics agency Eurostat showed on Monday.
Compared to a year earlier,... (continue reading...)
ATHENS, Dec 15 (Reuters) - Greek police have arrested five suspected members of an international crime ring trafficking an estimated seven tonnes of cocaine from Venezuela to Europe on a Greek-operated fishing vessel, two police officials said on Monday.
The arrests, in various parts of Greece, follow an investigation launched in cooperation with the U.S. Drug Enforcement Administration, one of the officials said on condition of anonymity.
... (continue reading...)RABAT, Dec 15 (Reuters) - At least 37 people have been killed in flash floods triggered by torrential rains in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday.
Fourteen people were still receiving medical care, including two who were in intensive care, they said in a statement.
Heavy rain on Sunday flooded homes and shops in the old town of the port city of Safi, swept away cars and cut many roads in... (continue reading...)
(Corrects the year when the smelter will start operations in third paragraph)
SEOUL, Dec 15 (Reuters) - Korea Zinc said on Monday that it plans to build a smelter to produce key metals and minerals in the United States in a project that would cost $7.4 billion.
Korea Zinc said the U.S. government asked the company to build the facilities, to respond to the expansion of global supply chain risks and the increasing demand for... (continue reading...)
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