Category Archives:
FTC effort to stop Amgen’s Horizon takeover faces uphill fight
By Diane Bartz WASHINGTON (Reuters) - The Federal Trade Commission (FTC) faces an uphill battle in its fight against Amgen Inc's $27.8 billion acquisition of Horizon Therapeutics with an untested argu...
May 18, 2023
U.S. Democrats warn Biden against toughening aid for the poor
By Richard Cowan and Leah Douglas WASHINGTON (Reuters) - Democrats in the U.S. Congress expressed frustration with President Joe Biden's willingness to engage with Republicans demanding tougher work r...
May 18, 2023
Marketmind: US debt ceiling drama aside, world economy looks shaky
A look at the day ahead in U.S. and global markets from Naomi Rovnick Risk appetite has perked up on global markets thanks to optimism that U.S. Democrats and Republicans are nearing a deal to raise t...
May 18, 2023
Russia’s Sberbank reports record Q1 profit, raises forecasts
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia's largest lender Sberbank on Thursday reported record first-quarter net profit of 357.2 billion roubles ($4.6 billion) and raised for...
May 18, 2023
ISP: 8th victim dies from I-55 crash
FARMERSVILLE, Ill. – An eighth person has died as a result of a deadly crash earlier this month on I-55 near Springfield, caused by a dust storm. Illinois State Police says 81-year-old Ruth Rau,...
May 18, 2023
Mediobanca buys Arma Partners to boost tech advisory offer
By Valentina Za MILAN (Reuters) - Mediobanca said on Thursday it had agreed to buy London-based Arma Partners, as Italy's leading investment bank seeks to capture growing corporate demand for advisory...
May 18, 2023
BT to cut up to 55,000 jobs by 2030 as fibre and AI arrive
By Paul Sandle LONDON (Reuters) -BT Group, Britain's biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030 - potentially over 40% of its workforce - as it com...
May 18, 2023
Apparel makers in cyclone-hit Bangladesh consider rare, expensive airlifts for exports
By Ruma Paul and Sudarshan Varadhan DHAKA (Reuters) - Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid ca...
May 18, 2023
German carmakers call for post-Brexit rules to be postponed
BERLIN (Reuters) - Germany's powerful auto industry association is urging the European Union and Britain to postpone post-Brexit rules it says would hamper the transition to electric vehicles, potenti...
May 18, 2023
Britain awards 20 offshore carbon storage licences to 12 firms
LONDON (Reuters) - Twelve companies were awarded a total of twenty licences to develop carbon dioxide (CO2) storages offshore in Britain's first licensing round for such projects, the North Sea Transi...
May 18, 2023
Peoria, IL, USA
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