Category Archives:
Timeline: Baby formula crunch in U.S. forces scramble to boost supplies
(Reuters) - The nationwide shortage of baby formula has prompted the United States to temporarily allow foreign imports from other suppliers, while reaching a deal with Abbott Laboratories on steps to...
May 25, 2022
EU court to rule July 13 on Illumina challenge of EU review of Grail -sources
By Foo Yun Chee BRUSSELS (Reuters) - A European court will decide on July 13 whether U.S. life sciences company Illumina's $8 billion cash-and-stock takeover of Grail should be scrutinised by EU antit...
May 25, 2022
U.S. FDA defends baby formula shortage response in Congress
By Ahmed Aboulenein WASHINGTON (Reuters) - The U.S. Food and Drug Administration on Wednesday in testimony to lawmakers defended the steps it took to address complaints about possible baby formula con...
May 25, 2022
Fed’s George to retire in January, search for successor begins
(Reuters) - Federal Reserve Bank of Kansas City President Esther George will retire in January after 11 years as one of the U.S. central bank's more hawkish policymakers, and a search for her successo...
May 25, 2022
UK to carry out national security assessment of sale of microchip factory to China’s Nexperia
LONDON (Reuters) - The acquisition of British microchip factory Newport Wafer Fab by Chinese-owned technology company Nexperia has been called in for a full national security assessment, Business Secr...
May 25, 2022
Africa risks stagflation due to pandemic, Ukraine war – AfDB
JOHANNESBURG (Reuters) - Africa risks sliding into stagflation - a cycle of slow growth and high inflation - as it battles the lingering effects of the pandemic and rising fuel and food prices caused ...
May 25, 2022
Away from festival spotlight, Ukrainian rebuilds life in Cannes
By Mimosa Spencer and Michaela Cabrera CANNES,France (Reuters) - When Lesia Bilotserkovets and her family fled Kyiv by car at the start of the war in Ukraine, her father balked at the size of her suit...
May 25, 2022
Sberbank’s online banking operations compatible with Russian-made system
(Reuters) - Russian lender Sberbank on Wednesday said its online banking systems SberBusiness and SberPro have been deemed fully compatible with Astra Linux, a Russian-made operating system. Removing ...
May 25, 2022
Biden Administration makes revised proposal to protect key Alaska watershed
(Reuters) - The Biden administration made a revised proposal on Wednesday to ban the disposal of mining waste in Alaska's Bristol Bay watershed, dealing a potential death blow to the contentious Pebbl...
May 25, 2022
Lucid Motors recalling 1,100 U.S. vehicles over display issue
WASHINGTON (Reuters) - Lucid Motors said Wednesday it is recalling 1,100 2022 Air vehicles because display screens may fail to work due to a wiring harness possibly not being secured properly. Lucid s...
May 25, 2022
Peoria, IL, USA
83 °F Sunny
