BUSINESS

Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to tackling climate change at their annual meetings this year.

Global shares were little changed on Wednesday, pausing after a six-day slump amid a mixed inflation picture, while floundering peace talks between Russia and Ukraine kept oil hovering near recent highs.

Tunisia TV series sparks polygamy row

Top proxy adviser Institutional Shareholder Services on Tuesday recommended investors cast proxy votes against the pay of Wells Fargo & Co Chief Executive Charles Scharf and other leaders, citing concerns about the discretion used to award the pay and lack of disclosures.

Oil prices edged higher on Wednesday after Moscow said that peace talks with Ukraine had hit a dead end, fuelling supply worries, while weak economic data from China and Japan kept a lid on gains.

Oil prices edged up on Wednesday after Moscow said peace talks with Ukraine had hit a dead end, fuelling supply worries, while weak economic data from China and Japan kept a lid on gains.

Oil prices eased on Wednesday, giving up earlier gains, after China and Japan reported weak economic data, fuelling concerns about growth and oil demand in the world's top consumers.

Oil prices climbed on Wednesday on worries that sliding output in sanctions-hit Russia, the world's second-biggest oil exporter, will tighten supply after Moscow said peace talks to resolve its invasion of Ukraine had come to a dead end.

Oil prices jumped on Wednesday, as a large increase in U.S.

Oil prices extended gains on Wednesday after Moscow said peace talks with Ukraine had reached a dead end, feeding worries about tight supplies even after U.S.

Oil prices rose on Wednesday as investors grew more discouraged about peace talks between Russia and Ukraine, feeding worries about tight supplies even after U.S.

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The euro was pinned to a five-week low on Wednesday as prospects for peace in Ukraine seemed to darken, while the kiwi was whipsawed after New Zealand's central bank announced its sharpest rate hike in two decades to curb inflation.

The euro was pinned to a five-week low on Wednesday as prospects for peace in Ukraine seemed to darken, while the kiwi was boosted when New Zealand's central bank delivered its steepest rate hike in two decades.

Japan's core machinery orders posted their biggest monthly fall in nearly two years in February, official data showed on Wednesday, dragged down by a steep drop in demand from IT and other service firms to extend their decline into a second month.

Toyota will begin offering its first new electric car in eight years.

Elon Musk was sued on Tuesday by former Twitter Inc shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2% stake in the social media company.

Former Raiffeisen Switzerland Chief Executive Pierin Vincenz was jailed for nearly four years on Wednesday at the end of a fraud trial which exposed his huge strip club bills and misuse of company expenses.

Swiss judges found former Raiffeisen Switzerland Chief Executive Pierin Vincenz guilty of fraud on Wednesday, sentencing him to nearly four years in jail at the end of a trial which focused on his huge strip club bills and use of company expenses.

Phillips 66 on Tuesday said Mark Lashier, its chief operating officer, will take over the fourth largest U.S. oil refiner from Chief Executive Greg Garland on July 1.

Fears rise in Ukraine of use of chemical weapons

The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S.

Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc on Tuesday despite growing fears of a U.S.

CNN is contemplating serious cuts to its streaming service CNN+ after a much weaker than expected performance since its initial launch.

Major U.S. airlines are enjoying the strongest travel demand in three years, yet investors will focus on how they are mitigating mounting inflationary pressures when they report quarterly earnings starting on Wednesday.

Lululemon moves closer to its goal of becoming 100% sustainable by 2030 by launching its "Like New" program nationwide where customers can resell or trade-in clothes.

Boeing cuts its order book following Ukraine invasion

Ukrainian refugees fleeing war have been hospitably received around Europe, but the longer they stay the more their presence may exacerbate housing price pressures in host nations like Germany, Poland and the Czech Republic.

U.S. central bankers are split on whether high inflation will be a recurring problem in the future requiring repeated rate hikes, comments from two officials showed on Tuesday, a stark contrast to their broad consensus on the current policy path.