By Andrew Osborn LONDON (Reuters) -Belarusian leader Alexander Lukashenko is usually the one thanking Russia’s Vladimir Putin or asking him for a favour – be it a loan, cheap gas, help in navigating protests or tactical nuclear weapons. This time, the shoe is on the other foot. While the full extent of Lukashenko’s role in …
Belarus leader, long the supplicant, feted in Russia after mutiny role Read More »
By Khushi Mandowara (Reuters) -U.S. health regulators said on Tuesday they declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug Eylea for treatment of a disease that is the leading cause of blindness among the elderly, and the company’s shares fell on the setback to its effort to defend the blockbuster treatment against a …
US FDA declines to approve Regeneron’s higher-dose Eylea, shares tumble Read More »
By Shankar Ramakrishnan NEW YORK (Reuters) -A type of derivative trade that became popular with companies over the past year to save on interest costs is seeing demand slow, with risk increasing that the bets could backfire as the Federal Reserve nears the end of its policy tightening cycle. The so-called pre-issuance hedges are derivative …
Companies’ derivative bets to save on US debt costs turn riskier Read More »
By Ludwig Burger FRANKFURT (Reuters) -Shares in kidney dialysis group Fresenius Medical Care fell as much as 5% on Tuesday after a payment increase proposed by a major U.S. public health insurance body fell short of market expectations. Analysts said the base-rate payment increase of 1.6%, proposed for 2024 by the Centers for Medicare & …
Fresenius Medical Care shares drop on U.S. dialysis payment adjustment Read More »
TEGUCIGALPA (Reuters) – Honduras’ military began taking control of the country’s violent prisons on Monday, following a gang dispute that left 46 inmates dead at a women’s detention center last week, officials said. Leftist President Xiomara Castro announced last week she would hand the military police control of the prison system, a departure from a …
Honduras military takes over prisons after dozens die in riot Read More »
By Carolina Pulice MEXICO CITY (Reuters) – An index evaluating Latin American countries’ ability to root out corruption showed most countries moving backward, according to the ranking released on Tuesday. The 2023 Capacity to Combat Corruption (CCC) Index, published jointly by Americas Society/Council of the Americas and Control Risks, points to a decline in the …
Latin America’s anti-corruption strength slips, ranking shows Read More »
By Greg Torode and Yew Lun Tian HONG KONG (Reuters) – Amid intensifying military deployments across East Asia, high-level defence dialogue between China and the United States remains frozen. U.S. Secretary of State Antony Blinken did not secure any progress on the issue during his visit to Beijing last week. U.S. Defence Secretary Lloyd Austin …
Explainer-The China-U.S. military chill: do they talk at all? Read More »
(Reuters) -Starbucks plans to issue “clearer” centralized guidelines for in-store visual displays following a union’s allegations that managers banned Pride-themed decor, the coffee chain said in an internal memo to employees. “We intend to issue clearer centralized guidelines… for in-store visual displays and decorations that will continue to represent inclusivity and our brand,” Starbucks North …
Starbucks to issue ‘clearer’ decor rules after pride month clash with union Read More »
By Leah Douglas WASHINGTON (Reuters) – The U.S. Department of Agriculture will spend $450 million to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said on Monday. The Biden administration sees the expanded use of lower-emission biofuels as critical to decarbonizing the transportation sector. The …
Biden administration to spend $450 million on higher-blend biofuels Read More »
By David Brunnstrom and Eric Beech WASHINGTON (Reuters) -U.S. Chief of Naval Operations Admiral Michael Gilday said on Monday the United States did not underestimate the difficulties ahead in realizing a three-nation project to supply Australia with nuclear-powered submarines and still did not know exactly where the initial batch of vessels would come from. U.S. …
US says does not underestimate AUKUS task, confident it will be sustained politically Read More »
