Category Archives:
West Virginia cities reach $400 million opioid distributor deal
By Dietrich Knauth (Reuters) -West Virginia's cities and counties reached a $400 million opioid settlement with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc , West V...
Aug 01, 2022
Austrian RBI’s Q2 profit more than triples
VIENNA (Reuters) - Austria's Raiffeisen Bank International (RBI), one of the banks in Europe most exposed to Russia, on Monday said its second-quarter profit more than tripled after booking a gain fro...
Aug 01, 2022
Apple is sued by French app developers over app store fees
By Jonathan Stempel (Reuters) - Apple Inc was sued on Monday by French app developers that accused the iPhone maker of violating U.S. antitrust law by overcharging them to use its app store. The plain...
Aug 01, 2022
White House says Pelosi has a right to visit Taiwan
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi has the right to visit Taiwan, the White House said on Monday, adding that China appeared prepared to respond in coming days, ...
Aug 01, 2022
Brazil records trade balance of $5.444 billion in July
BRASILIA, Aug 1 (Reuters) - Brazil posted a trade balance of of $5.444 billion in July, government data showed on Monday, below market estimates for a balance of $6.993 billion. Imports totaled $29.95...
Aug 01, 2022
Oracle starts job cuts in U.S. – The Information
(Reuters) - Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication in July reported tha...
Aug 01, 2022
U.S. manufacturing slows modestly; excess inventories a major concern
By Lucia Mutikani WASHINGTON (Reuters) - U.S. manufacturing activity slowed less than expected in July and there were signs that supply constraints are easing, with a measure of prices paid for inputs...
Aug 01, 2022
Revlon gets court approval for $1.4 billion bankruptcy loan
By Dietrich Knauth (Reuters) - Revlon Inc received a U.S. bankruptcy judge's permission on Monday to proceed with a $1.4 billion loan, over an objection by junior creditors who argued that its onerous...
Aug 01, 2022
Trump fundraiser says UAE investment was not ‘quid pro quo’
By Luc Cohen NEW YORK (Reuters) - A fundraiser for former U.S. President Donald Trump said prosecutors were wrong to imply that his firm sought investment from United Arab Emirates sovereign wealth fu...
Aug 01, 2022
Einhorn’s Greenlight takes stake in Twitter – letter
BOSTON (Reuters) - Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepren...
Aug 01, 2022
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