business

By Lucy Craymer WELLINGTON – New Zealand business sentiment improved slightly in July but remained gloomy in the face of intense inflation pressures, an ANZ Bank survey showed on Thursday. …

(Reuters) – AbbVie Inc’s unit Allergan has reached an agreement to pay over $2 billion to resolve thousands of lawsuits related to the marketing of its opioid painkiller, Bloomberg News …

           Montgomery, Alabama – A Florida man has been arrested for his role in a business email compromise scheme that impacted at least four businesses in …

By Michael Erman (Reuters) – Drugmaker Merck & Co avoided billions of dollars of U.S. taxes in recent years on its top-selling cancer drug Keytruda by booking all the profits …

BRUSSELS – EU antitrust regulators are expected to veto U.S. life sciences firm Illumina’s acquisition of biotechnology company Grail, people familiar with the matter said on Wednesday. There are doubts …

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign currency and payment headaches, the …

By Simon Jessop LONDON – Three quarters of the world’s sovereign wealth funds now have a formal policy on environmental, social and governance investing, yet just 30% have set a …

BANGKOK – Thailand’s economy improved in June and the momentum should continue into the second half thanks to increased tourism and domestic consumption as pandemic curbs ease, a central bank …

(Reuters) – U.S. House Speaker Nancy Pelosi plans to visit Japan in August, Kyodo reported on Wednesday, citing sources. (Reporting by Akriti Sharma in Bengaluru)

By Selena Li and Samuel Shen HONG KONG/SHANGHAI – UBS Group AG plans to set up a wholly owned mutual fund business in China, two people with direct knowledge of …

FRANKFURT – Lending to euro zone companies accelerated in June, confounding fears that banks are tightening access to credit as uncertainty about inflation and the fallout of the war in …

ROME, July 27 – Morale amongst Italian businesses and consumers fell in July, a month that marked the return of political instability to Italy with the collapse of Prime Minister …

(Reuters) -Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc, as it plans to push the fintech giant to ramp up its cost-reduction efforts, Bloomberg News …

(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to …

Biden Once Again Tries To Paint GOP As Anti-Cop — There’s Just One Problem Harold Hutchison on July 26, 2022 President Joe Biden tried to paint Republicans as being anti-police …

By David Lawder WASHINGTON – Global central banks may get “antsy” about the swiftness of economic pain brought on by monetary tightening to fight inflation and be tempted to cut …

SAO PAULO – Top Brazilian bankers and businessmen issued a letter on Tuesday in defense of Brazil’s electronic voting system that has been attacked by far-right President Jair Bolsonaro, and …

Europe Agrees To Ration Gas Thanks To Energy Crisis — With Just One Catch Jack McEvoy on July 26, 2022 European Union (EU) members agreed on a new emergency proposal …

As Biden Considers Repealing ‘Remain In Mexico,’ Caravan Of 2,000 Migrants Heads Toward US Border Jennie Taer on July 26, 2022 Around 2,000 migrants are headed toward the U.S. as …

(Reuters) – The Biden administration estimates it may need nearly $7 billion to deal with the monkeypox outbreak in the United States, the Washington Post reported on Tuesday. The funding …

(Reuters) – Credit Suisse is set to announce Ulrich Korner as its new chief executive officer, replacing Thomas Gottstein, the Financial Times reported on Tuesday. Credit Suisse did not immediately …

BOSTON – A New York-based specialty pharmacy, DJ Drugs & Surgicals Inc., has agreed to resolve allegations that it altered patient medical records and submitted the altered medical records to …

By Pete Schroeder WASHINGTON – A key regulatory panel will delay consideration of a broad stablecoin regulation bill for several weeks amid banking industry pushback and late tweaks to certain …