Category Archives:
Ex-Magellan Diagnostics execs charged with concealing lead-test defect
By Andrew Goudsward (Reuters) - Three former executives of medical device company Magellan Diagnostics concealed a malfunction in the company's lead-testing devices that caused tests to underestimate ...
Apr 05, 2023
Ford plans “dramatic reductions” in product complexity – exec
DETROIT (Reuters) - Ford Motor Co plans "dramatic reductions" in the complexity of its product lineup starting in the 2024 model year, Jim Baumbick, the automaker's product development chief, said Wed...
Apr 05, 2023
Brazil court backs crackdown on illegal gold mining in Amazon
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) - A Supreme Court judge backed a government move to crack down on illegal gold mining in Brazil, suspending a legal practice of buyers accep...
Apr 05, 2023
US World Bank nominee Banga endorses lending expansion, pledges more
By David Lawder WASHINGTON (Reuters) - The U.S. nominee to run the World Bank, Ajay Banga, said on Wednesday that he supports his predecessor's proposal to expand the bank's annual lending capacity by...
Apr 05, 2023
Switzerland cancels or reduces bonus payouts for top Credit Suisse management
BERLIN (Reuters) - Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those already paid out...
Apr 05, 2023
Russia’s weekly consumer prices rise quickened in late March
MOSCOW (Reuters) -The rise in Russia's weekly consumer prices quickened at the end of March, data from state statistics service Rosstat showed on Wednesday, with authorities still fighting to slow inf...
Apr 05, 2023
US blocks four Georgian officials from entering country over corruption -Blinken
WASHINGTON (Reuters) - The U.S. State Department on Wednesday blocked four Georgian judicial officials from entering the country due to their involvement in "significant corruption," Secretary of Stat...
Apr 05, 2023
Analysis-IMF’s lower bar for Argentina already looks too high
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) - The International Monetary Fund (IMF) has given Argentina something of break by easing economic targets in its $44 billion loan d...
Apr 05, 2023
IMF says Serbia’s economy resilient, but more reforms needed
BELGRADE (Reuters) - Serbia was largely resilient to higher food and energy prices, lower electricity production, drought, and tightening global financial conditions in 2022, but it must pursue reform...
Apr 05, 2023
Nigeria gets World Bank funding for social program ahead of fuel subsidy cut
ABUJA (Reuters) - Nigeria has secured $800 million from the World Bank to scale up its national social program ahead of the removal of its costly but popular subsidies on petrol in June, Finance Minis...
Apr 05, 2023
Peoria, IL, USA
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