Monday, 7 April 2025

Focus on Courts

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsFinanceNewsOilPoliticsRegulations

Trafigura agrees to pay $55 million to settle U.S. CFTC charges

A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges...

General view of Citgo Petroleum headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura
BusinessCourtsEconomyFinanceNewsOilPolitics

Financial alliances build as Citgo share auction enters last mile

In the last mile of an unprecedented auction to pay up to $21.3 billion from past expropriations and debt defaults in Venezuela, a...

CourtsInfrastructureNatural GasNewsOilPolitics

States sue US to block rule that oil firms guarantee payment to dismantle old wells

The Biden administration has proposed a rule that would require the offshore oil and gas industry to help cover the cost of dismantling...

Tesla electric vehicle chargers are seen during a sunset at a petrol station in Xinzo de Limia, Spain June 10, 2024. REUTERS/Nacho Doce
BusinessCourtsElectric Vehicles (EVs)NewsTransport

Tesla sues ex-supplier Matthews over EV battery trade secrets

Matthews began supplying Tesla with manufacturing machinery in 2019.

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: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo
BusinessCourtsElectric Vehicles (EVs)NewsPoliticsTransport

Canadian national pleads guilty to stealing Tesla trade secrets

A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and...

FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveCourtsElectric Vehicles (EVs)FuelNewsOilPoliticsTransport

Largest US oil trade group to sue to block Biden’s EV push

The U.S. Environmental Protection Agency issued new tailpipe emission rules in March that will force the nation's automakers to produce and sell more...

A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. The CEOs of Canada's five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. THE CANADIAN PRESS/Nathan Denette
BusinessClimateCourtsEnvironmentFinanceNewsPolitics

Bank CEOs to testify at parliamentary committee on climate impacts of finance

The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by...

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/
AnalysisBusinessCourtsElectric Vehicles (EVs)FinancePoliticsReportsTransport

Musk convincing Tesla investors to back his pay. Now he must persuade a judge

Musk on Wednesday evening said that shareholders were voting in favor of both the pay package and a board-sponsored move of Tesla's legal...

FILE PHOTO: Siofra O'Leary, ECHR Court President, speaks during the verdict on three climate cases, where applicants have argued that government inaction on climate change violates human rights, case Duarte Agostinho and Others v. Portugal and 32 Other States, case Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, and case Careme v France, at the European Court of Human Rights (ECHR) in Strasbourg, France, April 9, 2024. REUTERS/Christian Hartmann/File Photo
ClimateCourtsEmissionsEnvironmentNewsPolitics

Why does Switzerland’s rebuff of European climate ruling matter?

Switzerland's lower house parliament has voted to reject a landmark court ruling ordering the country to do more to combat global warming