Wednesday, 5 February 2025
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Ross Kerber

FILE PHOTO: People walk past a Natwest Bank branch in central London, Britain November 22, 2023. REUTERS/Isabel Infantes/File Photo
BusinessElectricityFinanceNewsPoliticsRegulationsUtilities

Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions

A spokesman for Comptroller Glenn Hegar said NatWest was added to the list because of restrictions it has added on energy financing.

Elon Musk attends the Breakthrough Prize awards in Los Angeles, California, U.S., April 13, 2024. REUTERS/Mario Anzuoni/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package

In a note seen by Reuters, Vanguard said it had voted against Elon Musk's compensation package when it was first approved by shareholders...

Tesla and SpaceX's CEO Elon Musk attends the first plenary session on Day 1 of the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)FinanceNewsTransport

Tesla plans to leverage Elon Musk’s big pay win in Delaware court battle

Tesla will use Thursday's strong support for Elon Musk's $56 billion pay package to try to win over a Delaware judge that invalidated...

FILE PHOTO: Tesla CEO Elon Musk and his security detail depart the company's local office in Washington, U.S. January 27, 2023.  REUTERS/Jonathan Ernst//File Photo
News

Musk says Tesla shareholders voting in favor of his $56 billion pay package

Tesla shareholders were set to approve Elon Musk's $56 billion pay package in what is being seen as a thumbs-up to his leadership...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)FinanceNewsPoliticsTransport

Tesla turns to Musk’s small shareholder fans to back $56bn payday

Tesla is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.

FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCourtsFinanceNewsOil

Vanguard says it backed Exxon board, but cites investor rights concerns

Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited...

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessLiquefied Natural GasNewsOil

State officials call on top funds to vote against two Exxon directors

State financial officers and other public and labor leaders on Tuesday called for major asset managers to vote against top Exxon directors

FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen/File Photo
BusinessCourtsEconomyFinanceNewsPolitics

Oklahoma attorney general fires legal team after judge blocks anti-ESG law

Oklahoma's attorney general said he is firing the outside legal team hired to defend a state law prohibiting state pension systems from contracting...

FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen/File Photo
BusinessClimateCourtsFinanceLegislationNewsPolitics

Oklahoma anti-ESG law blocked by state judge

A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment in the oil...

FILE PHOTO: People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz//File Photo
BusinessClimateEconomyFinanceNewsPolitics

Morningstar: Record $8.8 billion pulled from US sustainable funds in Q1

U.S. Republican politicians, including many from energy-producing states, have stepped up their attacks on investors' use of ESG considerations.

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