Business News

(Reuters) – Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as the drugmaker accounts its deal for Prometheus Biosciences Inc as …

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its antitrust lawsuit accusing rival pharmaceutical company Viatris Inc …

By Stephen Nellis (Reuters) – Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into its video editing software used by the film and television …

By Carolina Mandl NEW YORK (Reuters) – Big global money managers got rid of a high volume of Chinese equities in recent days, while adding U.S. energy shares to portfolios …

WASHINGTON, D.C. – A popular beer garden at the D.C. Navy Yard that has become a favorite for Washington Nationals fans is looking to open new franchises. Owners revealed this …

NIAGRA, NY – A&W has announced its latest franchise opening in Niagra Falls and revealed it will be opening ten more locations in 2023. Niagara Falls is about to get …

MORRISTOWN, NJ – New Jersey breakfast eaters are about to find out why Florida residents love Effin Egg. The name is also a perfect fit for the New Jersey lifestyle …

STROUDSBURG, PA – Crave Hot Dogs & BBQ has taken the United States by storm since its inception in 2018 and the company has been on a non-stop expansion ever …

TOMS RIVER, NJ – Toms River residents love Rita’s Italian Ice and Frozen Custard. The proof lies in two successful stores in the township. Starting this week, residents will have …

(Reuters) – State Street Corp reported a first-quarter profit on Monday that missed analysts’ estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending …

By Yuvraj Malik (Reuters) – Netflix Inc is expected to report that it added some 2 million subscribers in the first quarter and investors will scrutinize whether recent price cuts …

By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) – The Bank of Japan is considering a projection for consumer prices for the 2025 fiscal year to rise 1.6-1.9%, the Jiji …

FRANKFURT (Reuters) – The European Central Bank should stop relying on banks’ self-assessments when setting capital requirements and do its own homework instead, independent experts said on Monday. It was …

(Reuters) – M&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve’s rapid rate hikes to tame high inflation boosted the lender’s interest …

(Reuters) -Porsche AG posted a record year-on-year sales increase of 18% in the first quarter, boosted by China sales, the company said on Monday. The German luxury carmaker delivered 21,365 …

JAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening of the rupiah currency could …

(This April 16 story has been corrected to say “setbacks”, not “delays”, in paragraph 2) By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a …

By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to expand in healthcare after investing almost one billion euros ($1.1 billion) in …

KUALA LUMPUR (Reuters) – The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and U.S. investment bank Goldman Sachs over the 1MDB financial scandal, …

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, the world’s top economic and financial policymakers gathered …

A look at the day ahead in U.S. and global markets from Mike Dolan. As U.S. banking giants calm the horses, global investors are now concentrated on world growth and …

ISTANBUL (Reuters) – Turkey’s central government budget recorded a deficit of 47.22 billion lira ($2.46 billion) in March, the Finance Ministry said on Monday, while the cumulative deficit for 2023 …

JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China’s battery minerals producer Zhejiang Huayou Cobalt, the …

(Reuters) -Streaming platform Netflix Inc’s services were restored after a brief outage late on Sunday during a live stream of the dating reality show, “Love is Blind”. The platform, which …

By Helen Coster WILMINGTON, Delaware (Reuters) -The start of Dominion Voting Systems’ $1.6 billion defamation trial against Fox has been pushed back by a day, the judge said on Sunday, …