Rio Tinto shareholders rebel over destruction of sacred Indigenous caves

More than 60% of the votes cast at the mining company’s annual general meetings in London and Sydney were against its remuneration report, according to results published by the company on Thursday. Rio Tinto demolished the Juukan Gorge caves in Western Australia last May to expand an iron ore mine, causing an outcry from investor … Read more

Shares of COVID vaccine makers fall after US backs IP waiver

Shares of Moderna and other makers of the COVID-19 vaccines plummeted after the US backed a plan to waive intellectual property protections for the life-saving products. Moderna stock fell more than 6 percent Wednesday after the announcement and extended those losses a further 2 percent in premarket trading on Thursday. Pfizer shares were down more … Read more

Bank of England maintains rates, voices optimism on recovery

LONDON — The Bank of England will keep interest rates on hold and has grown more optimistic about the economic recovery in the U.K. this year as a result of the rapid rollout of coronavirus vaccines. In a prepared statement Thursday, the nine-member Monetary Policy Committee said it will maintain the bank’s main interest rate … Read more

UK service sector grows at fastest pace since 2013, ahead of Bank of England decision – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The Bank of England sets UK interest rates at noon today, against the backdrop of an economic recovery as the country slowly emerges from lockdown and more people are vaccinated. Private sector growth is the fastest … Read more

SpaceX launches, lands Starship in 1st successful flight

SpaceX has finally launched and successfully landed its futuristic Starship By MARCIA DUNN AP Aerospace Writer May 6, 2021, 3:30 AM • 2 min read Share to FacebookShare to TwitterEmail this article CAPE CANAVERAL, Fla. — SpaceX launched and successfully landed its futuristic Starship on Wednesday, finally nailing a test flight of the rocketship that … Read more

‘COVID Bandit’ Strikes Again, Gives $4,600 Tip At Flagstaff House Restaurant In Boulder – CBS Tampa

BOULDER, Colo. (CBS4) – A man who identifies himself only as “COVID Bandit” has struck again in the Denver metro area. This time, the unidentified man who gives out extremely generous tips during the pandemic made everyone’s day at an upscale restaurant in Boulder last weekend. (credit: Flagstaff House/Facebook) The good news came on Saturday … Read more

UK car sales recover as showrooms reopen; stock markets rebound – business live | Business

Photograph: Justin Kase zsixz/Alamy Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. After a torrid 12 months, car sales in the UK are finally on the road to recovery. Data due this morning will show that car sales jumped last month as dealers in … Read more

US judge weighs if PG&E violated probation with 2019 fire

A federal judge is weighing whether Pacific Gas & Electric violated its criminal probation by sparking a wildfire north of San Francisco By DON THOMPSON Associated Press May 5, 2021, 12:33 AM • 4 min read Share to FacebookShare to TwitterEmail this article SACRAMENTO, Calif. — A federal judge is weighing whether Pacific Gas & … Read more

Facebook board’s Trump decision could have wider impacts

Since the day after the deadly Jan. 6 riots on the U.S. Capitol, former President Donald Trump’s social media accounts have been silent – muzzled for inciting violence using the platforms as online megaphones. On Wednesday, his fate on Facebook, the biggest social platform around, will be decided. The company’s quasi-independent Oversight Board will announce … Read more

A timeline of Bill and Melinda Gates’ relationship

“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” the couple, well-known for their wealth and commitment to philanthropy, said in a statement. The pair spent nearly three decades together in a relationship that focused on philanthropy, work and family. Together, … Read more