Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
Norfolk Southern shareholders should vote for activist Ancora’s nominees, proxy advisory firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.
France moves to rescue Atos as former IT crown jewel struggles to stay afloat
French IT firm Atos confirmed on Monday that it had received a non-binding letter of intent from the French government to buy some of its business divisions.
Monday’s analyst calls: Apple gets a big upgrade, headwinds seen for Lululemon, Ulta and Tesla
Monday’s analyst calls included an upgrade to Apple and a move in the opposite direction for athleisure giant Lulu Lemon and electric car marker Tesla.
Pedro Sanchez stays on as Spain’s prime minister after weighing exit
Spain’s Prime Minister Pedro Sanchez said on Monday he had decided to continue in office, days after abruptly announcing he was considering his future.
Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.
Thailand’s central bank will act independently and not cave to ‘political’ pressure, governor says
Political pressure won’t force the hand of Thailand’s central bank in making its interest rate decisions independently, the country’s central bank chief said.
Philips shares rocket 29% as firm settles U.S. respiratory device case
Philips shares soared Monday after the company agreed to a $1.1 billion settlement in a U.S. case linked to the recall of some of its sleep apnea devices.
Russia says it has captured another Donetsk village after Ukraine pulls back forces in the east
Russia’s defense ministry claimed Monday that its forces had captured the village of Semenivka in the eastern Ukrainian region of Donetsk.
Policy continuity is key if India wants to see strong economic growth in the next 5 years, Nomura says
Policy continuity is crucial if it wants to be the world’s fastest growing economy for the next five years, Rob Subbaraman of Nomura said.
JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says
The energy minister of the UAE concurred with JPMorgan’s calls for there to be a “reality check” on the world’s energy transition goals and pathway.
