(Reuters) -Siemens Healthineers AG and General Electric Co’s healthcare business are weighing a potential acquisition of two units being spun off by Medtronic Plc, Bloomberg reported on Thursday, citing people …
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Business News
New York financial regulator issues cryptocurrency guidance for banks
by Reutersby ReutersBy Hannah Lang (Reuters) -The New York State Department of Financial Services (NYDFS) on Thursday issued digital asset guidance to state-regulated banks laying out what information financial institutions must submit …
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Business News
Fidelity National agrees to review, adds director after D.E. Shaw pressure
by Reutersby ReutersBy Svea Herbst-Bayliss NEW YORK (Reuters) -Fidelity National Information Services on Thursday said it will undertake a strategic review and add a new director to its board after pressure from …
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(Reuters) – AbbVie Inc is leaving Pharmaceutical Research and Manufacturers of America (PhRMA), the leading U.S. drug industry group said on Thursday. Politico, which first reported on AbbVie’s exit, said …
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By Khalid Abdelaziz and Aidan Lewis KHARTOUM (Reuters) – An agreement to relaunch a political transition in Sudan and unlock billions of dollars in frozen international support faces many pitfalls, …
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Business News
Analysis-No turning back: Global central banks vow to stay the course on inflation
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – Central banks in Europe on Thursday followed the Federal Reserve in slowing the pace of interest rate increases but also offered a similar stark …
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(Reuters) – French car maker Renault will propose at its general shareholders’ meeting next year to renew the term of its Chairman Jean-Dominique Senard, it said on Thursday. “In addition, …
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Business News
Bank of Canada’s inflation fight made harder as bond yields fall
by Reutersby ReutersBy Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada likely faces a challenge in 2023 convincing markets not to expect a swift reversal in its interest …
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By Pavel Polityuk KYIV (Reuters) -Russia is digging in for a long war in Ukraine and still wants to conquer the entire country, a senior Ukrainian military official said on …
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Business News
Brazil’s spending package affecting inflation expectations, says central bank
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s central bank already believes a recently proposed spending package is partly affecting closely watched inflation expectations, said the bank’s chief Roberto Campos Neto on Thursday. Policymakers have …
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US and World News
U.S. Senate set to address cocaine sentencing disparity in funding bill
by Reutersby ReutersBy Gram Slattery WASHINGTON (Reuters) – Negotiators in the U.S. Senate have reached a tentative deal to narrow sentencing disparities between crack and powder cocaine and plan to tuck the …
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Business News
Yellen, China’s ambassador discuss economic developments, U.S. Treasury says
by Reutersby ReutersWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s ambassador to the United States, Qin Gang, on Thursday to discuss their “views on global macroeconomic and financial developments,” …
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By Charlotte Greenfield and Mohammad Yunus Yawar KABUL (Reuters) – In one of the office towers of Kabul’s China Town, entrepreneur Yu Minghui sat gauging the aftershocks of the militant …
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Business News
Shell and Eneco win right to build large Dutch offshore windfarm
by Reutersby ReutersAMSTERDAM (Reuters) -A joint venture of Shell and Dutch energy company Eneco has won the right to build an offshore wind farm with a capacity of 756 megawatts (MW) in …
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Business News
Italy minister takes swipe at ECB after policy moves hit markets
by Reutersby ReutersROME (Reuters) – An Italian minister and co-founder of Prime Minister Giorgia Meloni’s party sarcastically took aim at the European Central Bank, pointing to how its policy moves taken on …
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By Giuseppe Fonte and Elvira Pollina ROME (Reuters) -Italy’s government wants to bring Telecom Italia’s (TIM) submarine cable unit Sparkle into state hands, four sources close to the matter told …
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US and World News
Giuliani should be disciplined over 2020 election case, ethics panel says
by Reutersby ReutersBy Andrew Goudsward (Reuters) -Rudy Giuliani violated at least one attorney ethics rule in his work on a failed lawsuit challenging the 2020 election results on behalf of then-U.S. President …
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US and World News
Israel’s Netanyahu urges US to reaffirm commitment to Saudi Arabia – Al Arabiya
by Reutersby ReutersDUBAI (Reuters) – Israeli Prime Minister-designate Benjamin Netanyahu urged key ally the United States to reaffirm its commitment to Saudi Arabia and pledged to pursue formal Israeli ties with Riyadh …
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By Katy Daigle (Reuters) – In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more closely at the financial risks …
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By Alexander Marrow MOSCOW (Reuters) – SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil …
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By Yoruk Bahceli (Reuters) -The European Central Bank said on Thursday it would start reducing its 5 trillion euros’ ($5.3 trillion) worth of bond holdings from March, in its next …
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Business News
U.S. targets Russian financial services sector, businessman Potanin
by Reutersby ReutersBy Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The United States on Thursday targeted Russia’s financial services sector and Russian businessman Vladimir Potanin, increasing pressure on Moscow over its …
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Business News
Twitter must notify laid-off workers of pending lawsuit, judge rules
by Reutersby ReutersBy Daniel Wiessner (Reuters) – Twitter Inc must notify the thousands of workers who were laid off after its acquisition by Elon Musk of a proposed class action accusing the …
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Business News
China officially launches WTO dispute against U.S. chip export curbs
by Reutersby Reuters(Reuters) – China has officially launched a trade dispute at the World Trade Organization (WTO) against the United States, challenging Washington’s chip export curbs, the WTO said on Thursday. The …
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(Reuters) – Vladimir Potanin, who was placed on a U.S. sanctions list on Thursday, is one of Russia’s wealthiest businessmen. Here are some key facts on the man, his investments …