By Jonathan Stempel NEW YORK (Reuters) -Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall b[...]
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March 12, 2024
US judge to hear FTC challenge to Kroger-Albertsons deal in August
By David Shepardson WASHINGTON (Reuters) -U.S. District Judge Adrienne Nelson on Monday set Aug. 26 as the start of a hearing on the Federal Trade Commission’s bid for a preliminary injunction t[...]
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Campbell Soup completes $2.33 billion Sovos deal after delays
(Reuters) – Campbell Soup has completed the acquisition of Rao’s Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal[...]
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National Bank of Canada denies media report of talks to sell its Cambodian unit
(Reuters) – National Bank of Canada on Tuesday denied a media report that said it was in talks to sell its Cambodian unit, ABA Bank. Bloomberg News on Tuesday reported that the lender was explor[...]
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Toyota becomes Asia’s most shorted large-cap stock – Hazeltree
MILAN (Reuters) – Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific region in February, overtaking Takeda Pharmaceutical, a report from treas[...]
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China’s Xiaomi to start first EV deliveries this month
By Sarah Wu and Qiaoyi Li BEIJING (Reuters) -Xiaomi will this month start deliveries of its first electric vehicle (EV) in China, it said on Tuesday, venturing into the world’s largest auto mark[...]
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Property investor LaSalle says 30% of European office space may be ‘obsolete’
By Iain Withers CANNES, France (Reuters) – LaSalle Investment Management is reducing its exposure to offices in Europe and believes between 20% and 30% of office space in the region could be[...]
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US developer Greystar targets France and Germany after price falls
CANNES, France (Reuters) – U.S. property firm Greystar expects to spend more than 1.4 billion euros ($1.53 billion) on European real estate this year as it looks to seize on recent price falls i[...]
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STMicroelectronics CEO says China is a growth market despite US chip war
AMSTERDAM (Reuters) -China remains an important growth market for French-Italian semiconductor STMicroelectronics, despite increasing U.S-China tensions over semiconductors, the company’s chief[...]
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