By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely to “persist” until spring, acco[...]
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UK insurers face watchdog crackdown for undervaluing cars while settling claims
LONDON (Reuters) – Britain’s financial watchdog on Friday warned insurers against undervaluing cars and other items when customers submit a damage claim and said it was taking unspecified[...]
Read moreIMF’s Georgieva to press for quicker action on debt relief with China
By Andrea Shalal NEW YORK (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel to Beijing next week with heads of other international ins[...]
Read morePfizer to invest over $1.26 billion in Irish jobs boost
DUBLIN (Reuters) -Pfizer Inc plans to invest more than 1.2 billion euros ($1.26 billion) to expand manufacturing at its plant in Dublin, it said on Thursday, handing the Irish multinational sector a j[...]
Read moreRoche shutters most trials of Alzheimer’s drug after failed trials
By Julie Steenhuysen CHICAGO (Reuters) – Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer’s drug gantenerumab after it failed to slow advance of the[...]
Read moreJ&J CEO Joaquin Duato to take additional role of Chairman
(Reuters) – Johnson & Johnson said on Wednesday its board has elected Chief Executive Officer Joaquin Duato to take on the additional role of Chairman, effective in January. Duato will succe[...]
Read moreJ&J sues Amgen over plan to sell drug similar to blockbuster Stelara
By Brendan Pierson and Blake Brittain (Reuters) -Johnson & Johnson’s Janssen unit has sued Amgen Inc over its plan to market a drug for ulcerative colitis and other conditions similar to J[...]
Read moreREUTERS NEXT: Hunger-struck Africa needs liquidity, debt relief
By Joe Bavier JOHANNESBURG (Reuters) – African nations facing a food crisis brought on in part by the global pandemic and conflict in Ukraine need immediate liquidity support and in some cases d[...]
Read moreYellen says she ‘certainly’ plans to remain as Treasury secretary
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her job for the duration of President Joe Biden’s term, dismis[...]
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