Half Mag / Half Zine
Volkswagen AG (VOWG_p.DE) on Monday said it has agreed to pay $1.5 million to settle environmental claims with the states of New Hampshire and Montana over updates of emissions software arising from the 2015 diesel cheating scandal. The settlements, about Read more
TikTok hit 1 billion monthly active users globally this summer, the company said, marking a 45% jump since July 2020. The United States, Europe, Brazil and Southeast Asia are the biggest markets for the popular short-video app, the company said. Read more
Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients. Shares in a range of Read more
Proxy advisory firm Institutional Shareholder Services (ISS) is recommending that Tesla (TSLA.O) investors not re-elect directors James Murdoch and Kimbal Musk because the board approved excessive compensation packages to non-executive board members. Tesla shareholders will cast ballots on Oct. 7 Read more
Warehouses in Britain are having to pay up to 30% more to recruit staff after a chronic shortage of workers exacerbated pressure on already buckling supply chains and threatened to derail the run up to Black Friday and Christmas. The Read more
Bank of Ireland (BIRG.I) blamed state-imposed curbs on bankers pay and bonuses for the announcement on Monday that Chief Financial Officer Myles O’Grady would leave the bank and join Irish food group Musgrave. Ireland capped executive pay at 500,000 euros Read more
Blackstone Inc (BX.N) said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International (MGM.N) would buy the operations of The Cosmopolitan for $1.63 billion. Read more