Britain’s Tesco faces record $5.6 billion equal pay claim
LONDON (Reuters) – Supermarket group Tesco is facing a potential bill of up to 4 billion pounds ($5.6 billion) to bring the wages of its female employees into line with men, according to the law firm pursuing Britain’s largest equal pay claim.
Jittery world stocks clamber off two-month lows
LONDON (Reuters) – World stocks clawed their way back from two-month lows on Wednesday, though momentum was weak and U.S. futures suggested Wall Street could lapse back into losses after rebounding from the biggest selloff in six years.
U.S. solar industry lost nearly 10,000 jobs in 2017
(Reuters) – The U.S. solar industry lost nearly 10,000 jobs last year, led by steep losses in mature markets like California and Massachusetts where installation growth has slowed, according to a new report published on Wednesday.
Casino magnate Steve Wynn quits as CEO after sexual misconduct claims
(Reuters) – U.S. casino mogul Steve Wynn has resigned as CEO of his company Wynn Resorts following claims he subjected women who worked for him to unwanted advances, becoming one of the most prominent business leaders to quit over sexual misconduct all…
European shares snap seven-day losing streak
MILAN (Reuters) – European shares broke a seven-day losing streak on Wednesday as investors took heart from a strong bounce on Wall Street at the end of a rollercoaster session.
Tesco faces record 4 billion pound equal pay claim in Britain
LONDON (Reuters) – Tesco is facing Britain’s largest ever equal pay claim and a possible compensation bill of up to 4 billion pounds ($5.6 billion), according to a law firm which has begun legal proceedings.
SpaceX’s Falcon Heavy rocket soars in debut test launch from Florida
CAPE CANAVERAL, Fla. (Reuters) – The world’s most powerful rocket, SpaceX’s Falcon Heavy, roared into space through clear blue skies on its debut test flight on Tuesday from a Florida launch site in another milestone for billionaire entrepreneur Elon M…
Asian shares on edge as U.S. futures slip
SYDNEY (Reuters) – Asian shares reversed their earlier gains on Wednesday as investors dumped U.S. stock futures for safer harbors, a sign market participants remain jittery after this week’s global markets rout.
Oil prices rise on report of lower U.S. crude inventories
SINGAPORE (Reuters) – Oil prices rose on Wednesday, lifted by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude.
Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up
BEIJING (Reuters) – The Renault-Nissan-Mitsubishi alliance said on Wednesday it has signed a memorandum of understanding with car-hailing service company Didi Chuxing to explore future business cooperation on a new electric car-sharing service in China…
