Didi Chuxing, China's Ride-Hailing Giant, Unveils U.S. IPO Filing 

Didi, which filed under its formal name of Xiaoju Kuaizhi, could fetch a valuation upward of $70 billion, people familiar with the matter said.

Amazon Faces Possible $425 Million EU Privacy Fine 

Luxembourg has circulated a draft decision sanctioning Amazon's privacy practices and proposing the fine among the bloc's 26 other national authorities.

Judge Dismisses Anti-Money-Laundering Charges Against MoneyGram 

The order concludes a settlement agreement the company entered into in 2012 for failing to prevent mass-marketing and consumer-fraud phishing schemes.

United Airlines Starts Corporate Venture-Capital Fund 

United Airlines Holdings has started a corporate venture-capital fund that will invest in emerging companies related to travel.

Moderna Covid-19 Vaccine Submitted for Authorization in Adolescents 

Moderna said it has asked U.S. health regulators to authorize the use of its Covid-19 shot for adolescents ages 12 to 17, potentially lining up a second vaccine option for teens by as soon as July.

Electronic Arts Discloses Hack of 'FIFA 21' Source Code 

No player data was accessed, they company says, adding that it doesn't believe there is any risk to player privacy.

Keystone XL's Demise Shows Hard Road for New Pipelines 

The defeat of Keystone XL has invigorated protesters, making it increasingly difficult to build pipelines in the U.S. and Canada.

Tesla to Introduce Upgraded Model S to Jump-Start High-End Model Sales 

Elon Musk is due to release a redesign of Tesla's Model S luxury sedan in a bid to reinvigorate demand for a car that helped turn the company from a niche startup to an electric-vehicle maker with global reach.

Toshiba, Japan Officials Teamed Up Against Foreign Shareholders, Report Finds 

The company collaborated with Japan's Ministry of Economy, Trade and Industry to throttle investors ahead of a shareholder vote, according to the report.

Peugeot, Citroën Face Charges in French Emissions-Fraud Probe 

The French investigation shows that emissions-cheating scandal continues to ripple across the auto industry.


(END) Dow Jones Newswires

June 10, 2021 17:00 ET (21:00 GMT)

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