Pfizer to spend $120 million to boost U.S. COVID pill manufacturing
(Reuters) – Pfizer Inc said on Monday it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment at its Michigan plant, as demand ramps up. Use of…
(Reuters) – Pfizer Inc said on Monday it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment at its Michigan plant, as demand ramps up. Use of…
ISTANBUL – The Turkish central bank has taken steps to increase the weight of lira-denominated assets in the collateral system as part of its currency strategy and steps in this…
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking its dealer network – if…
By Alexander Cornwell DUBAI – Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab state and one which eliminates most tariffs…
PARIS – The latest increases in inflation make the exit from exceptional monetary policy measures all the more necessary, Bank of France Governor Francois Villeroy de Galhau said on Tuesday.…
LONDON – British supermarket groups are set to enjoy a mini-boost to trade as Britons put aside their cost of living worries for a few days and prepare to celebrate…
ISTANBUL – Turkey’s banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country’s banking watchdog Chairman Mehmet Ali Akben said on Monday.…
By Lucy Craymer WELLINGTON – New Zealand wants to introduce a number of changes to the supermarket sector as two dominate players has raised concerns about competition, its commerce minister…
(Reuters) – Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital requirements, the head of VTB Bank Andrey Kostin said on…
(Reuters) – The nationwide shortage of baby formula has prompted the United States to temporarily allow foreign imports from other suppliers, while reaching a deal with Abbott Laboratories on steps…
(Reuters) – New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and lure more tourists as the Pacific nation looks…
(Reuters) – Apple Inc has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing people familiar with the matter.…
(Reuters) – The nationwide shortage of baby formula has prompted the United States to temporarily allow foreign imports from other suppliers, while reaching a deal with Abbott Laboratories on steps…
By David Shepardson WASHINGTON – The White House and philanthropic agencies are working to make it easier for smaller cities and counties to apply for funding under a $1 trillion…
BUDAPEST – Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said on Wednesday, signalling more pressure on foreign companies…
WASHINGTON – U.S. business inventories increased slightly more than expected in March, lifted by a jump in motor vehicle stocks, government data showed on Tuesday. Business inventories rose 2.0% after…
MEXICO CITY – Mexico aims to as much as triple its fertilizer production, the government said on Sunday, to support its plan to boost local agriculture production and control consumer…
(Reuters) – Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets to Taiwanese contract manufacturer Foxconn…
KYIV – Ukraine hopes to grow export capacity by 50% in the next few months by expanding facilities on its western border, but it will still be far short of…
Democrats Urge Biden To Boost Oil, Gas Drilling Amid Energy Crisis Thomas Catenacci on May 5, 2022 A group of House Democrats wrote to President Joe Biden Wednesday urging him…
By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the…
LONDON – Business activity in the euro zone accelerated last month as the bloc’s dominant services industry took advantage of a further loosening of COVID-19 restrictions, offsetting a near-stall in…
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON – The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals…
By Steven Scheer JERUSALEM – Spain’s Telefonica, Europe’s third-largest telecoms company, aims to increase investments in Israel’s high-tech sector this year, including in e-health and other consumer-facing business, a senior…
By Khanh Vu and Elaine Lies HANOI – Japan and Vietnam agreed on Sunday to boost economic and security ties while calling for an end to the war in Ukraine,…