SUSTAINABLE-BUSINESS

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

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Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.comRegisterSept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer.They asked a panel …

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Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.comRegisterLUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and fined it a record 4.1 billion euros, in a move that may encourage other regulators to ratchet up pressure on …

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Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Register now for FREE unlimited access to Reuters.comRegisterBRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of …

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Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more …

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Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would pose “an unacceptable …

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EU to claw back energy firms’ profits rather than cap Russian gas price

Register now for FREE unlimited access to Reuters.comRegisterEU countries ask bloc to propose windfall revenue capMinisters also request EU proposal on gas price capCountries resist EU proposal to cap Russian gas priceBRUSSELS, Sept 9 (Reuters) – EU energy ministers on Friday tasked the European Commission to press ahead with a cap on the revenues of …

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Biden administration denies Cheniere’s request to sidestep LNG pollution rule

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 6 (Reuters) – The U.S. Environmental Protection Agency (EPA) said on Tuesday it has denied a request from leading liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) to exempt turbines at its two U.S. Gulf Coast terminals from a hazardous pollution rule.The rejection raises questions …

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Europe heading for recession as cost of living crisis deepens

Register now for FREE unlimited access to Reuters.comRegisterLONDON, Sept 5 (Reuters) – The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending.While there was some easing of price pressures, according to the surveys, they …

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Exclusive: U.S. regulators to vet Alibaba, other Chinese firms’ audits -sources

Register now for FREE unlimited access to Reuters.comRegisterAlibaba notified of U.S. audit inspection -sourcesVetting of U.S.-listed Chinese firms’ audits starts next monthFollows landmark U.S.-China audit dealAlibaba shares fall nearly 3%HONG KONG, Aug 31 (Reuters) – U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd (9988.HK) and other U.S.-listed Chinese companies for audit inspections starting …

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