Norway sovereign wealth fund rejects Elon Musk’s  trillion pay deal

Norway sovereign wealth fund rejects Elon Musk’s $1 trillion pay deal

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Norway’s $2 trillion sovereign wealth fund said it will vote against Elon Musk’s trillion-dollar pay package at Tesla‘s annual shareholder meeting this week, rebelling against management guidance and threats from Musk to step down…

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Binance CEO denies firm aided Trump-linked crypto project before CZ pardon

Binance CEO denies firm aided Trump-linked crypto project before CZ pardon

Richard Teng, chief executive officer of Binance, during the DC Blockchain Summit in Washington, DC, U.S., on Wednesday, March 26, 2025. Bloomberg | Bloomberg | Getty Images Binance CEO Richard Teng has dismissed claims that the cryptocurrency exchange helped boost a Trump-backed stablecoin before former CEO Changpeng Zhao received a presidential pardon. The claims in…

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Stoxx 600, FTSE, DAX, CAC

Stoxx 600, FTSE, DAX, CAC

The skyline of London’s financial district. Leon Neal | Getty Images News | Getty Images LONDON — European stocks were lower on Tuesday, reversing positive sentiment seen at the start of the new trading month. The pan-European Stoxx 600 was down 1.1% at 8:25 a.m. (3:25 a.m.ET), with all sectors in negative territory. The U.K.’s…

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