Category Archives:
US new home sales soar to 13-month high in April
WASHINGTON (Reuters) - Sales of new U.S. single-family homes jumped to a 13-month high in April, boosted by a persistent shortage of previously owned houses on the market, though sales for the prior m...
May 23, 2023
Amgen settles J&J patent lawsuit over drug similar to blockbuster Stelara
By Blake Brittain (Reuters) - Johnson & Johnson's Janssen Biotech Inc has settled its lawsuit against Amgen Inc over Amgen's proposed similar version of J&J's top-selling drug Stelara, according to a ...
May 23, 2023
Blackstone platform bets on Indian data binge, in talks with Microsoft, Amazon
By Aditi Shah NEW DELHI (Reuters) - Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing storage and processing demand, the CEO of...
May 23, 2023
Boeing CEO says supply chain pressure could continue through 2024
DOHA (Reuters) - Boeing Chief Executive Dave Calhoun on Tuesday said it could take until the end of next year to cure sector-wide supply chain problems that have disrupted jetliner production. "Priori...
May 23, 2023
US business activity rises to 13-month high in May, S&P Global survey shows
WASHINGTON (Reuters) - U.S. business activity increased to a 13-month high in May, lifted by strong growth in the services sector, the latest indication that the economy regained momentum early in the...
May 23, 2023
Fed’s Logan: Discount window operations need to keep pace with speed of banking
RICHMOND, Virginia (Reuters) - U.S. banks should be prepared to borrow regularly from the Federal Reserve's discount window, while the Fed should make sure loans can be accessed at any time given chan...
May 23, 2023
China opposes trade agreement reached between U.S. and Taiwan
BEIJING (Reuters) - China firmly opposed the agreement reached between the U.S. and Taiwan, urging the U.S. to "carefully handle economic and trade relations with Taiwan", China's ministry of commerce...
May 23, 2023
Brazil’s Neoenergia lands $160 million green financing from World Bank’s IFC
SAO PAULO (Reuters) - Brazil's Neoenergia SA said on Tuesday it has obtained an 800 million-real ($159.89 million) financing from World Bank's private investment arm, International Finance Corp (IFC),...
May 23, 2023
Citizens Bank to pay $9 million penalty over credit card practices–US regulator
(Reuters) - A unit of Citizens Financial Group Inc will pay a $9 million civil penalty to resolve accusations it violated laws that protect consumers who dispute credit card transactions, the U.S. Con...
May 23, 2023
IMF chief hopes U.S. debt ceiling deal will come before ’11th hour’
LONDON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not have to wait until the 11th hour for a solution on the U.S. ...
May 23, 2023
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