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Pirelli set to declare end of Chinese investor’s control over governance, paper says

Pirelli set to declare end of Chinese investor’s control over governance, paper says

MILAN (Reuters) -Pirelli’s board is expected to approve on Monday an accord between shareholders to establish that the group’s largest investor, China’s state-owned Sinochem, does not exercise control over the tyre maker, an Italian daily said.Chinese and Italian shareholders in Pirelli have been at odds over the group’s governance, with Sinochem posing a hurdle to Pirelli’s U.S. expansi ...

2025-04-28 18:21:33
DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports

DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports

(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI) technologies to defence groups with ties to the Israeli government, the Financial Times reported on Saturday. About 300 London-based staff of Google (NASDAQ:GOOGL) DeepMind have been seeking to join the Communication Workers Union (CWU) in recent weeks, the re ...

2025-04-28 18:20:35
Trump’s nominee for NASA administrator was once arrested, accused of passing bad checks to casinos

Trump’s nominee for NASA administrator was once arrested, accused of passing bad checks to casinos

(This April 25 story has been refiled to add back words dropped from the headline)By Karen Freifeld(Reuters) - President Donald Trump’s nominee for NASA administrator, Jared Isaacman, was arrested on fraud charges in 2010 and faced lawsuits in two states for writing $2 million in bad checks to casinos, according to government records and court filings.Isaacman is a billionaire pilot and astronau ...

2025-04-28 18:18:26
Palestinian leader Abbas names likely successor in bid to reassure world powers

Palestinian leader Abbas names likely successor in bid to reassure world powers

RAMALLAH (Reuters) -Palestinian President Mahmoud Abbas named close confidant Hussein al-Sheikh as his deputy and likely successor on Saturday, the Palestine Liberation Organisation said, a step widely seen as needed to assuage international doubts over Palestinian leadership.Abbas, 89, has headed the Palestine Liberation Organisation (PLO) and the Palestinian Authority (PA) since the death o ...

2025-04-28 18:17:28