TOPCMB

Adidas opposes Black Lives Matter’s three-stripe design

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March 29 (Reuters) – Sportswear maker Adidas AG ( ADSGn.DE ) reversed course on Wednesday, 48 hours after asking the U.S. Trademark Office to reject a Black Lives Matter application for a trademark featuring three parallel stripes. “Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation’s trademark application as soon as … Read more

JPMorgan’s Jamie Dimon to Be Deposed in Epstein Case, Plaintiffs’ Lawyer Says

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March 28 (Reuters) – JPMorgan Chase & Co ( JPM.N ) Chief Executive Officer Jamie Dimon will be questioned under oath over the bank’s relationship with Jeffrey Epstein, the late sex offender and former client, a lawyer involved in the trial said. Tuesday. The settlement is expected in early May, according to Brad Edwards, a … Read more

Canada is increasing clean technology investment in the budget to compete with the United States

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OTTAWA, March 28 (Reuters) – Canada on Tuesday sought to narrow the competitive gap with the United States with a budget aimed at attracting investment in the low-carbon economy, including tax breaks for electric vehicle (EV) makers and expanding the electricity grid. The 2023-24 tax document submitted to the House of Commons also includes a … Read more

Electric car startup Lucid is cutting around 18 percent of its workforce

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March 28 (Reuters) – Electric vehicle maker Lucid Group Inc ( LCID.O ) said on Tuesday it would lay off about 18 percent of its workforce, or about 1,300 workers, to cut costs as part of a restructuring plan. The maker of Air’s luxury sedan predicted last month that 2023 production would fall well short … Read more

Belarus announces that it will host Russian nuclear weapons to oppose NATO

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Belarus justifies its decision to host Russian nuclear weapons Says it needs to beef up its own security Blames West for years of pressure to change the government Says the move does not violate nuclear non-proliferation rules LONDON, March 28 (Reuters) – Belarus confirmed on Tuesday that it hosts Russian tactical nuclear weapons, saying the … Read more

Clashes as French protesters demonstrate against Macron’s pension law

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The government rejected the trade unions’ demand to suspend the bill Protesters are angry about the bill and Macron Traffic hubs, the energy sector are affected by strikes PARIS/NANTES, France, March 28 (Reuters) – Groups dressed in black set trash cans on fire and threw bullets at police in Paris who responded with tear gas … Read more

Two killed in knife attack in central Lisbon’s Ismaili

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LISBON, March 28 (Reuters) – At least two people were killed and one wounded in a knife attack at an Ismaili center in Lisbon on Tuesday, Portuguese police and a Muslim community leader said. Police shot the assailant when he refused to put down his weapon and approached them with a large knife. He was … Read more

EU countries agree to phase out cars that cause carbon dioxide emissions in 2035

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BRUSSELS, March 28 (Reuters) – European Union countries on Tuesday finally approved a landmark law to end sales of new carbon dioxide-emitting cars in 2035 after Germany won an exemption for cars running on e-fuels. Approval by EU energy ministers means Europe’s most important climate policy for cars can now come into force – after … Read more

Alibaba breaks up empire into six units, seeks IPO

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March 28 (Reuters) – Alibaba Group ( 9988.HK ) plans to split its business into six main units spanning e-commerce to the cloud in the biggest restructuring in its 24-year history, five of which it said are exploring fundraising or public offerings. . The six units are Cloud Intelligence Group, Taobao Tmall Commerce Group, Local … Read more

US regulator to sue leading crypto exchange Binance CEO for ‘deliberate circumvention’

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The CFTC accuses Binance of “intentionally circumventing” federal law. Binance’s compliance was “ineffective” under CEO – CFTC The CFTC is referring to a practice reported by Reuters last year March 27 (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) on Monday sued the world’s largest cryptocurrency exchange Binance and its CEO and founder Changpeng … Read more