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U.S. judge orders $1.68 bln payout to families over 1983 Beirut bombing

UPDATE 2-U.S. judge orders $1.68 bln payout to families over 1983 Beirut bombing Changes byline By Jody Godoy March 22 (Reuters) - A federal judge in New York ordered Iran's central bank and a European intermediary on Wednesday to pay out $1.68 billion to family members of troops killed in the 1983 car bombing of the U.S. Marine Corps barracks in Lebanon.
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Deutsche Börse AG Says Clearstream Is Considering Appealing Decision On U.S. Court Granting Judgment To Plaintiffs’ Group Seeking Turnover Of Assets Attributed To Bank Markazi And Held By Clearstream

BRIEF-Deutsche Börse AG Says Clearstream Is Considering Appealing Decision On U.S. Court Granting Judgment To Plaintiffs’ Group Seeking Turnover Of Assets Attributed To Bank Markazi And Held By Clearstream March 22 (Reuters) - Deutsche Boerse AG DB1Gn.DE : EQS-ADHOC: DEUTSCHE BÖRSE AG: US COURT GRANTS JUDGMENT TO PLAINTIFFS’ GROUP SEEKING TURNOVER OF ASSETS ATTRIBUTED TO BANK MARKAZI AND HELD BY CLEARSTREAM CLEARSTREAM IS CONSIDERING APPEALING DECISION.
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U.S. judge orders $1.68 bln payout to families over 1983 Beirut bombing

U.S. judge orders $1.68 bln payout to families over 1983 Beirut bombing March 22 (Reuters) - A federal judge in New York ordered Iran's central bank and a European intermediary on Wednesday to pay out $1.68 billion to family members of troops killed in the 1983 car bombing of the U.S. Marine Corps barracks in Lebanon. U.S. District Judge Loretta Preska said a 2019 federal law stripped Bank Markazi, the Iran central bank, of sovereign immunity from the lawsuit, which sought to enforce a judgment
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Deutsche Boerse: Eurex First European Exchange To Launch Bitcoin Index Futures

BRIEF-Deutsche Boerse: Eurex First European Exchange To Launch Bitcoin Index Futures March 22 (Reuters) - Deutsche Boerse AG DB1Gn.DE : EUREX IS FIRST EUROPEAN EXCHANGE TO LAUNCH BITCOIN INDEX FUTURES TRUSTED ACCESS TO CRYPTOCURRENCIES IN A REGULATED MARKET WITH EUREX START OF TRADING IS SCHEDULED FOR 17 APRIL 2023 Source text for Eikon: [ID:] Furt
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Funds join opposition to forced shift in euro clearing from London to EU

UPDATE 2-Funds join opposition to forced shift in euro clearing from London to EU Adds lawmaker on timing of approving draft law By Huw Jones LONDON, March 21 (Reuters) - Forcing asset managers to shift clearing of their euro derivatives trades from London to the European Union would be anti-competitive, split markets and increase costs, Europe's investment funds industry body said on Tuesday.
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EU funds sector opposes forced relocation of euro derivatives clearing

EU funds sector opposes forced relocation of euro derivatives clearing By Huw Jones LONDON, March 21 (Reuters) - Forcing asset managers to shift clearing of their euro derivatives trades from London to the European Union would be anti-competitive, split markets and increase costs, Europe's investment funds industry body said on Tuesday. The EU's executive European Commission has proposed that asset managers and banks in the EU open an account with an EU-based clearing house to shift some clearin
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Ritchie Bros completes $7 billion IAA acquisition

UPDATE 1-Ritchie Bros completes $7 billion IAA acquisition Adds background March 20 (Reuters) - Canada's Ritchie Bros Auctioneers Inc RBA.TO said on Monday it had completed the acquisition of U.S. auto retailer IAA Inc IAA.N , weeks after two proxy advisory firms urged shareholders to reject the $7 billion deal. The company, which auctions and sells used heavy industrial equipment, last week saw its shareholders vote in favor of the acquisition despite the pushback from Institutional Shareholder
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Proxy advisor Glass Lewis recommends KT&G investors re-elect company directors

Proxy advisor Glass Lewis recommends KT&G investors re-elect company directors NEW YORK, March 17 (Reuters) - Proxy advisor Glass Lewis on Friday urged investors in Korean tobacco conglomerate KT&G 033780.KS to re-elect the company's directors, recommending against candidates and proposals presented by two activist investment firms. KT&G, previously known as Korea Tobacco & Ginseng and valued at $8.6 billion, is facing pressure from activist investors Flashlight Capital and ANDA Asset Management
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GET Baltic gas exchange to become part of EEX group

GET Baltic gas exchange to become part of EEX group FRANKFURT, March 16 (Reuters) - The European Energy Exchange (EEX) on Thursday said its acquisition of 66% of the shares of smaller sector peer GET Baltic was approved by GET's owner, Amber Grid EMG1L.VL , paving the way for EEX to extend its eastwards reach. Next up, Amber Grid shareholders will vote on transferring the majority stake in the Baltic states and Finland gas bourse to EEX, part of Deutsche Boerse DB1Gn.DE , at their next annual ge
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Proxy advisor ISS recommends KT&G investors back activists director nominees

Proxy advisor ISS recommends KT&G investors back activists director nominees By Svea Herbst-Bayliss NEW YORK, March 16 (Reuters) - Proxy advisor Institutional Shareholder Services (ISS) on Thursday urged investors in Korean tobacco conglomerate KT&G 033780.KS to elect director candidates nominated by two activist investors and support their proposals to return more cash to shareholders.
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ISS revamps voting policy in olive branch to US conservatives

REFILE-ISS revamps voting policy in olive branch to US conservatives Fixes syntax in sixth paragraph to "it will" from "will it" By Ross Kerber March 16 (Reuters) - Top proxy adviser Institutional Shareholder Services on Thursday said it would expand its offering of conservative-leaning counsel, aiming to mend fences with Republican lawmakers who have targeted the firm over its positions on environmental, social and governance (ESG) matters.
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Shareholders of Canada's Ritchie Bros support deal with IAA

UPDATE 1-Shareholders of Canada's Ritchie Bros support deal with IAA Adds deal details, background, shares March 14 (Reuters) - Canada's Ritchie Bros Auctioneers RBA.TO said on Tuesday its shareholders voted in favor of its $7 billion acquisition of U.S. auto retailer IAA Inc IAA.N , according to a preliminary tally. The cash-and-stock deal, first announced in November, has become one of the year's most contested in the United States.
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Norway's Nel has 3 U.S. states competing for its IRA investment

Norway's Nel has 3 U.S. states competing for its IRA investment OSLO, March 14 (Reuters) - Norwegian hydrogen firm Nel NEL.OL has three U.S. states competing with incentives such as cash and tax breaks to be the site of the company's new U.S. factory and plans to make a decision in the coming months, it told Reuters. The move is the latest example of a European firm looking to take advantage of the huge incentives included in the U.S.
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Italy - Factors to watch on March 14

Italy - Factors to watch on March 14 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy's Prime Minister Giorgia Meloni said on Monday that her government had faced 'atrocious' accusations but that her conscience was clear , after Rome's ability to rescue migrants at sea came under scru
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UniCredit shareholders urged to reject CEO Orcel's pay rise

UPDATE 2-UniCredit shareholders urged to reject CEO Orcel's pay rise Adds details on termination payments By Valentina Za MILAN, March 14 (Reuters) - Leading governance adviser Institutional Shareholder Services (ISS) has recommended shareholders at UniCredit CRDI.MI reject a proposed new pay package for CEO Andrea Orcel as well as the bank's new incentive scheme.
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Majority of Ritchie Bros shareholders vote in favor of IAA deal -sources

UPDATE 2-Majority of Ritchie Bros shareholders vote in favor of IAA deal -sources Adds comment from Luxor Capital By Svea Herbst-Bayliss NEW YORK, March 10 (Reuters) - A majority of Canada's Ritchie Bros RBA.TO shareholders have voted in favor of the company buying U.S. auto retailer IAA IAA.N in a deal valued at roughly $7 billion, people familiar with the preliminary tally said.
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Barista union to ask Starbucks shareholders to back labor review

Barista union to ask Starbucks shareholders to back labor review By Hilary Russ NEW YORK, March 10 (Reuters) - Starbucks Workers United, which represents thousands of U.S. baristas, plans to urge the company's investors to support a shareholder proposal for an independent review of the coffee chain's labor practices, according to a letter seen exclusively by Reuters.
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Swiss red carpet for China stocks rolls downhill

RPT-BREAKINGVIEWS-Swiss red carpet for China stocks rolls downhill The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to move graphic placement. By Robyn Mak HONG KONG, March 9 (Reuters Breakingviews) - European financial centres are rolling out the red carpet for Chinese companies. Easier rules have made Switzerland a popular destination for mainland firms selling shares abroad.
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Hydrogen firm Thyssenkrupp Nucera says IRA spurring U.S. interest

EXCLUSIVE-Hydrogen firm Thyssenkrupp Nucera says IRA spurring U.S. interest By Christoph Steitz FRANKFURT, March 9 (Reuters) - German hydrogen firm Thyssenkrupp Nucera TKAG.DE has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy's De Nora DNR.MI if the market takes off.
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Swiss red carpet for China stocks rolls downhill

BREAKINGVIEWS-Swiss red carpet for China stocks rolls downhill The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to move graphic placement. By Robyn Mak HONG KONG, March 9 (Reuters Breakingviews) - European financial centres are rolling out the red carpet for Chinese companies. Easier rules have made Switzerland a popular destination for mainland firms selling shares abroad.
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