US Jobless Claims Fall to 198,000, Lowest Level Since January
Applications for US unemployment benefits dropped last week to the lowest level since January as the labor market kept powering ahead.
Bloomberg Business
Credit Suisse Culls Nine of Its Infamous ETNs Post UBS Takeover
Credit Suisse Group AG is ending nine of its 12 outstanding exchange-traded notes as the bank trims the business following its abrupt takeover by UBS Group AG earlier this year.
Russia Detains Journalist With US Citizenship in New Crackdown
A journalist with dual Russian and US citizenship faces as much as five years in prison after being detained in Russia and charged with failing to register as a “foreign agent,” her employer said Thursday.
Sunak Tells Israel ‘We Want You to Win’ on Middle East Trip
UK Prime Minister Rishi Sunak embarked on a round of high-stakes Middle East diplomacy with an echo of Britain’s wartime leader Winston Churchill, saying that Israel is facing “its darkest hour” and telling Israeli premier Benjamin Netanyahu: “We want you to win.”
Walgreens Will Pay $192.5 Million to Settle Rite Aid Buyout Suit
Walgreens Boots Alliance Inc. agreed to pay $192.5 million to resolve investor claims that some of the drugstore chain’s executives misled them about its 2015 bid to acquire rival Rite Aid Corp.
US Clearinghouse DTCC Buys Securrency to Deepen Blockchain Push
Depository Trust & Clearing Corp. agreed to buy startup Securrency Inc, part of the main US stock-market clearinghouse’s drive to offer blockchain technology and services for functions like post-trade processing of tokenized assets.
Deutsche Bank Places New Restrictions on Financing of Coal
Deutsche Bank AG is expanding restrictions on its financing of coal, one of the main sources of energy in its home market of Germany, as part of a wider crackdown on high-emitting sectors.
Unesco Denies Claim It Cleared Construction of Zambezi Dam
Unesco denied that it cleared Zimbabwe and Zambia to proceed with the construction of a $5 billion hydropower dam downstream from the Victoria Falls, which it has designated as a World Heritage Site.
Peru Likely to Blow Past Fiscal Ceilings, Budget Watchdog Warns
Peru is likely to exceed its fiscal deficit ceilings this year and next as public revenue falls short of expectations, according to the nation’s official budget watchdog.
Sanofi’s Lantus Insulin to Sell for $35 Via GoodRx Site
Sanofi’s Lantus, its most commonly prescribed insulin, will sell for $35 a month through GoodRx Holdings Inc. in a deal that signals the drug-discount site’s growing business with large pharma companies.
