By Safiyah Riddle (Reuters) – Friday kicks off a week or more of earnings reports from U.S. banks covering the April-through-June period, the first full quarter of operations for the nation[...]
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Business
US court refuses FTC request to pause Microsoft deal for Activision
WASHINGTON (Reuters) – A U.S. federal court rejected the Federal Trade Commission’s request that it order Microsoft to temporarily hold off on closing its $69 billion purchase of “Ca[...]
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US asks appeals court to pause Microsoft deal after lower court refuses
By Diane Bartz and David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft from closing its $69 billion purchase of[...]
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Small business distress index hits mid-2020 high
(This July 13 story has been corrected to say Gotshal, not Gotschal, in paragraph 1) By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit it[...]
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Roivant in talks to sell bowel disease drug to Roche in over $7 billion deal – WSJ
(Reuters) -Biotech company Roivant Sciences is in talks to sell an experimental drug to treat inflammatory bowel diseases, including ulcerative colitis and Crohn’s disease, to Roche in a deal th[...]
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Australia No.3 bank clinches union deal for staff to work from home
By Byron Kaye SYDNEY (Reuters) – National Australia Bank (NAB), the No.3 lender, reached a deal that lets employees work from home, a union said on Friday, one of the world’s first to give[...]
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Tesla begins sale of cheaper Model Y vehicle in South Korea
SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price of 56.99 million won ($45,139), the automaker’ s website said, making the vehicle[...]
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Cathay Pacific expects up to $576 million first-half profit as demand jumps
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it expects to record a profit of up to HK$4.5 billion ($576 million) in the first half of the year as travel demand skyrockets after[...]
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Exclusive-China invites global investors for rare meeting as economy sputters-sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China’s financial regulators have invited some of the world’s biggest investors to a rare symposium next week, three sources said, seeki[...]
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