(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on Wednesday to help control systemic risk in the money market…
SHANGHAI (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including…
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) on Tuesday proposed a rule that would require cable TV and broadcast satellite operators to disclose to consumers…
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expected,…
‘Borders On Extortion’: Big Pharma Company Sues Biden Admin Over Drug Pricing Rules Katelynn Richardson on June 6, 2023 Pharmaceutical company Merck & Co., Inc. sued the Biden administration on…
(Reuters) – Chemical maker Dow Inc forecast second-quarter revenue below market expectations on Wednesday, citing slower macroeconomic activity and lower pricing levels. The company now expects revenue for the quarter…
By David Shepardson WASHINGTON (Reuters) – New Jersey’s two Democratic senators and the state’s governor said on Monday they are seeking to halt a plan by New York City to…
By Patrick Wingrove and Michael Erman (Reuters) – Some of the world’s biggest drugmakers are laying legal groundwork to fight the U.S. plan to negotiate drug prices for its Medicare…
(Reuters) – Textron Inc beat estimates for first-quarter profit on Thursday, as higher sales of pricier business jets in Aviation segment helped offset the lower military helicopter revenues in Bell…
By Bianca Flowers (Reuters) – Caterpillar Inc is expected to post a rise in quarterly profit on Thursday, a sign that the industrial powerhouse continues to navigate supply-chain constraints and…
MILAN (Reuters) – Stellantis has managed to preserve a strong pricing power in North America, its CEO Carlos Tavares told shareholders on Thursday, in contrast with signs of pricing power…
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) – Air India, until recently tied to an antiquated manual pricing system when setting airfares, is shifting to algorithm-based software long…
By Matthew Chye SINGAPORE (Reuters) – Japan, the world’s fifth-biggest carbon dioxide (CO2) emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions…
LONDON (Reuters) – British businesses were their most confident this month since May 2022 and pricing expectations, which are being watched by the Bank of England as it grapples with…
By Karen Brettell (Reuters) – The collapse of two big U.S. regional banks has forced the U.S. bond markets into a near 180-degree turn from pricing in a more aggressive…
By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government will select the 10 costliest prescription medicines to Medicare for negotiating prices with drugmakers starting early next year, the program’s top…
FRANKFURT (Reuters) – The European Central Bank will continue to raise rates beyond March and hikes could even exceed market expectations unless stubborn underlying inflation turns around, Belgian policymaker Pierre…
(Reuters) -Twitter Inc plans to change the pricing of its Twitter Blue subscription product to $11, from $7.99, if paid for through its iPhone app and to $7 if paid…
By Bianca Flowers (Reuters) – Industrial bellwether Deere & Co is expected to post double-digit growth in quarterly sales and profit on Wednesday, fueled by higher crop prices and pent-up…
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a…
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a…
By Lucy Raitano LONDON (Reuters) – Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since its $72 billion listing by…
(Reuters) – Grocery retailer Kroger Co said on Friday it has sent Cigna Corp’s subsidiary Express Scripts a written notice of its plan to terminate their pharmacy provider agreement for…