By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s export growth hit its weakest pace in more than two years in April as China-bound shipments slumped amid lingering worries about faltering global ec[...]
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May 18, 2023
As household budgets tighten, big brands double down in dollar stores
By Jessica DiNapoli NEW YORK (Reuters) – Makers of brand-name household basics like Dunkin’ coffee and Schick razors are bulking up sales teams and adding specialized and lower-cost produc[...]
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Chile greenlights mining tax reform that boosts government take
By Fabian Cambero SANTIAGO (Reuters) -Lawmakers in Chile’s lower house of Congress gave final approval on Wednesday for a long-awaited mining tax reform that now requires only the signature of l[...]
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Walgreens reaches $230 million opioid settlement with San Francisco
By Jonathan Stempel (Reuters) -San Francisco said on Wednesday it reached a $230 million settlement with Walgreens Boots Alliance Inc over its role in the city’s opioid epidemic. The settlement[...]
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EU pushes forward with post-Brexit forum for EU, UK financial regulators
By Huw Jones LONDON (Reuters) -The European Union’s executive body said on Wednesday it has formally adopted a draft memorandum of understanding (MoU) to allow financial regulators from Britain[...]
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US FTC expands probe into pharmacy benefit managers
(Reuters) -The U.S. Federal Trade Commission said it had sought information from two privately held companies that negotiate drug rebates on behalf of pharmacy benefit managers (PBMs) as part of its p[...]
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Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wedn[...]
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Factbox-Why does the US want to ban TikTok? The allegations against it
WASHINGTON (Reuters) – Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state to “protect Montanans” from alleged Chi[...]
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Tyre-makers under pressure as too much rubber hits the road
By Nick Carey and Barbara Lewis LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to tyre pollution that is set to surge[...]
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