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JLR parent Tata Motors sees sales picking up as chip shortage eases
By Tanvi Mehta and Aditi Shah BENGALURU (Reuters) - Tata Motors Ltd expects strong demand to drive up sales of its cars, including at the luxury Jaguar Land Rover (JLR) unit, as the semiconductor shor...
Syndicated Content Jul 27, 2022
Mexico’s Grupo Financiero Inbursa still in process to buy Citibanamex
MEXICO CITY (Reuters) - Grupo Financiero Inbursa is still in the process to buy Citigroup's Mexican retail bank unit and is inviting other business partners to join their bid, Inbursa's Director of In...
Syndicated Content Jul 27, 2022
Teva Pharm sees return to growth post-opioid settlement
By Steven Scheer JERUSALEM (Reuters) - Teva Pharmaceutical Industries projected on Wednesday mid-single digit revenue growth over the next five years as it tries to move on from its high debt and an o...
Syndicated Content Jul 27, 2022
Restructuring whiz Koerner lands in Credit Suisse CEO hot seat
By Oliver Hirt ZURICH (Reuters) - Ulrich Koerner, a Porsche fan and rally driver, will need all his navigation skills to steer loss-making Credit Suisse towards profitability as the Swiss bank embarks...
Syndicated Content Jul 27, 2022
Derivatives committee to meet again on Russia CDS
NEW YORK (Reuters) - A derivatives committee said it met on Wednesday and will continue to prepare an auction to settle credit default swaps linked to Russia's foreign sovereign debt, according to a s...
Syndicated Content Jul 27, 2022
U.S. goods trade deficit narrows sharply; core capital goods shipments strong
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the s...
Syndicated Content Jul 27, 2022
Merck avoided billions in U.S. tax by offshoring Keytruda profits – senator
By Michael Erman (Reuters) - Drugmaker Merck & Co avoided billions of dollars of U.S. taxes in recent years on its top-selling cancer drug Keytruda by booking all the profits from the treatment outsid...
Syndicated Content Jul 27, 2022
Exclusive: EU found evidence employee phones compromised with spyware -letter
By Raphael Satter (Reuters) - The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company's spy software, the bloc's top justice official said i...
Syndicated Content Jul 27, 2022
Biden tested negative for COVID, his physician says
WASHINGTON (Reuters) - U.S. President Joe Biden tested negative for COVID-19 on Tuesday evening and Wednesday morning after getting infected with the coronavirus last week, his physician said in a mem...
Syndicated Content Jul 27, 2022
U.S. pending home sales tumble in June as mortgage rate soar
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level a...
Syndicated Content Jul 27, 2022
Peoria, IL, USA
42 °F Partly cloudy
