(Reuters) - Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the excessive size of the pay deal, the dilutive effect upon exercise...

04:45 AM EDT, 05/28/2024 (MT Newswires) -- (Updates with KKR declining to comment in the last paragraph.) KKR & Co ( KKR ) is set to gain unconditional EU antitrust approval to acquire Telecom Italia's fixed-line network in a 22-billion-euro ($23.85 billion) deal once it agrees to maintain existing commercial contracts with Telecom Italia competitors, Reuters reported Friday, citing unnamed...

BEIJING (Reuters) -Apple ( AAPL ) saw its iPhone sales in China jump 52% in April from a year earlier, Reuters calculations based on industry data showed on Tuesday. The big increase follows a weak performance earlier this year in the world's biggest smartphone market, as the U.S. tech giant faces intensifying competition in the high-end market from local rivals...

04:48 AM EDT, 05/28/2024 (MT Newswires) -- Futu Holdings ( FUTU ) reported Q1 earnings Tuesday of 7.46 Hong Kong dollars ($0.95) per diluted American depositary share, down from HK$8.44 per ADS a year earlier. Two analysts polled by Capital IQ expected HK$6.91 per ADS. Revenue for the quarter ended March 31 was HK$2.59 billion, up from HK$2.50 billion a...