(This June 23 story has been corrected to say analysts had suggested cases in California, not only the Goetz case, would have cost GSK ‘low hundreds of millions’ of dollars to settle, in paragraph 13) By Natalie Grover and Eva Mathews (Reuters) – GSK agreed to settle a U.S. lawsuit alleging its discontinued heartburn drug …
GSK soothes investors by settling first Zantac cancer lawsuit due for US trial Read More »
NEW YORK/LONDON (Reuters) -Investors were watching for ripple effects from the aborted mutiny in Russia, with some expecting a move into safe havens such as U.S. government bonds and the dollar when markets open later on Sunday. Heavily armed Russian mercenaries withdrew from the southern Russian city of Rostov overnight under a deal that halted …
Russia back in investors’ focus after weekend mutiny Read More »
(Reuters) – The Moscow stock exchange, banks and financial institutions are expected to operate as usual on Monday, Russia’s central bank said on Sunday, despite Moscow’s mayor having declared it a non-working day when mercenary leader Yevgeny Prigozhin was leading his Wagner forces towards Moscow. Moscow Mayor Sergei Sobyanin had on Saturday asked people to …
Russian bourse, banks to operate as normal on Monday, says central bank Read More »
By Lewis Jackson SYDNEY (Reuters) -PwC Australia on Sunday entered an exclusivity agreement with private equity firm Allegro Funds to sell its government practice for A$1 as it brought in an executive from Singapore to lead its local firm through the fallout from a national scandal. The scandal, which broke in January, revolves around a …
PwC Australia to sell government business for A$1, appoint new CEO Read More »
(Reuters) -Italian engineering group Maire Tecnimont said it has won two contracts valued at about $2 billion related to a petrochemical expansion at the SATORP refinery in Saudi Arabia. SATORP refinery, located in Jubail, Saudi Arabia, is a joint venture between Saudi Aramco and French company TotalEnergies. The engineering, procurement and construction lump sum turnkey …
Italy’s Maire Tecnimont wins $2 billion Saudi Arabia petrochemical contracts Read More »
By Polina Devitt and Dmitry Zhdannikov LONDON (Reuters) – Following are facts about oil, gas and grains flows in Russia’s southern region of Rostov, where the capital Rostov-on-Don was seized by Russian mercenaries. President Vladimir Putin vowed on Saturday to crush what he called an armed mutiny after rebellious mercenary chief Yevgeny Prigozhin said he …
Factbox-Russia’s Rostov, seized by rebels, is important commodity hub Read More »
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union and the Mercosur to set aside arrogance and negotiate the long-awaited trade agreement between the blocs with common sense. “It’s important to remember that we need the EU and they need us very much. So it’s important that we put …
Brazil’s Lula calls for ‘common sense’ negotiations on EU-Mercosur trade pact Read More »
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Saturday. “Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion “Amiral” complex, a future world-scale …
ZURICH (Reuters) – Swiss National Bank (SNB) Chairman Thomas Jordan flagged further interest rate hikes in an interview aired by Swiss broadcaster SRF on Saturday. Jordan said the SNB’s recent interest rate hike was “very likely not quite” enough to get a grip on inflation in Switzerland. The Swiss central bank raised its policy interest …
Swiss National Bank governor flags further rate hikes Read More »
(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that the social media platform act immediately over Meta’s content targeting children. “Productive discussion with Meta CEO Mark Zuckerberg in Menlo Park on EU digital rules: …
EU, Meta agree to July stress test on EU online content rules Read More »
