Sectors
Bernard Arnault Moves to Tighten the Family's Hold on LVMH by Nominating 2 More Sons to Company's Board
LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board. Bernard Arnault, the head of the LVMH luxury goods conglomerate, disclosed on Wednesday that he has proposed the appointment of two more of his children to the company's board, a move to solidify his family's grip on Europe's most valuable firm.
Mining Giants Ordered to Pay Nearly $10 Billion Over Brazil Dam Disaster That Killed 19 People
Mining giants BHP, Vale, and their iron ore joint venture Samarco have been ordered to pay $9.67 billion in damages over a deadly dam collapse in Brazil.
FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Woolworths Workers Criticize the Supermarket Over 'Woke' Australia Day Stance
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.