Category Archives:
Large employer group launches new pharmacy benefit management business
(Reuters) - A nonprofit coalition of nearly 40 private employers, including U.S. retailers Walmart and Costco, said on Monday it has launched a new company that would offer pharmacy benefit management...
Oct 25, 2021
Bejeweled Mughal-era glasses expected to fetch up to $3.5 million at auction
LONDON (Reuters) - Two pairs of bejewelled Mughal-era spectacles set with diamond and emerald lenses are expected to fetch up to $3.5 million each when they are auctioned in London on Wednesday. The g...
Oct 25, 2021
Moderna says its COVID-19 vaccine protective, safe in young children
(Reuters) -Moderna Inc said on Monday its COVID-19 vaccine generated a strong immune response and was generally well-tolerated in children aged six to 11 years, and the company plans to submit the dat...
Oct 25, 2021
UBS sells Spanish wealth management business to Singular Bank
BERLIN (Reuters) - UBS Group on Monday said it had agreed to sell UBS Gestion, its wealth management business in Spain, to Madrid-based Singular Bank. It did not give the purchase price. UBS said the ...
Oct 25, 2021
Tesla opens new China research, data centers; will store data locally
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc said on Monday it had built a research center and a separate data center in Shanghai, where it manufactures Model 3 sedans and Model Y sport-u...
Oct 25, 2021
BASF adds SVolt as latest partner in Chinese battery business
BERLIN (Reuters) - German chemical giant BASF and Chinese battery manufacturer SVolt have formed a partnership to develop battery materials, the companies said on Monday in a joint statement. The part...
Oct 25, 2021
Tesla submits partial response in U.S. auto safety probe — memo
WASHINGTON (Reuters) - Tesla Inc has submitted a partial response https://static.nhtsa.gov/odi/inv/2021/INME-PE21020-1022.pdf to the National Highway Traffic Safety Administration's (NHTSA) informatio...
Oct 25, 2021
Digital content platform FaZe Clan to go public in $1 billion SPAC deal
(Reuters) - Online content and gaming platform FaZe Clan Inc said on Monday it would go public through a merger with a blank-check firm in a deal that values the combined company at about $1 billion. ...
Oct 25, 2021
Citigroup warns of hefty charges from South Korea consumer business closing
(Reuters) -Citigroup Inc on Monday warned of significant charges related to the closing of its consumer banking business in South Korea, months after announcing its exit from 13 markets across Asia, E...
Oct 25, 2021
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
MILAN (Reuters) - A deal for the Italian government to sell Monte dei Paschi to UniCredit collapsed on Sunday https://www.reuters.com/business/finance/exclusive-italy-unicredit-set-call-off-talks-over...
Oct 25, 2021
Peoria, IL, USA
39 °F Light Rain
