Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
By Dietrich Knauth (Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from wha..
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Estonia launches investigation into underwater communications cable malfunction -PM
(Reuters) – Estonia has launched an investigation into the malfunction of communications cable connecting it to Finland under th..
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IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone
By Andrea Shalal MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Tuesday cut its growth forecasts for China and the e..
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Ireland lays out plans for 100 billion euro sovereign wealth fund
By Padraic Halpin and Graham Fahy DUBLIN (Reuters) -Ireland laid out plans in Tuesday’s budget to turn some of the healthiest pu..
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11 simple ways to legally minimize your tax liability
Tax planning is a critical aspect of financial management that enables individuals and businesses to minimize their tax liability le..
Finance
Soccer-UK and Ireland to host Euro 2028, Italy and Turkey get Euro 2032
NYON, Switzerland(Reuters) -The United Kingdom and Ireland will host the 2028 European Championship, while Italy and Turkey will st..
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Bank of England to review how it stress tests banks
By Huw Jones LONDON (Reuters) – Britain’s banking system is well capitalised to withstand shocks the Bank of England said ..
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IMF says ‘weak tail’ of banks could struggle in an economic downturn
By Pete Schroeder and Elisa Martinuzzi WASHINGTON (Reuters) -Around 5% of banks globally are vulnerable to stress if central bank inte..
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Dollar stalls as dovish Fed and China hopes help euro
LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. b..
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Bank of England warns that some global asset valuations appear stretched
By David Milliken and Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday that valuations for some financial assets may be..
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Imperative for Italy to control public spending, economy minister says
ROME (Reuters) – Italy’s economy minister said on Tuesday strict control of public spending was essential as the European ..
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Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources
LONDON (Reuters) -Ukraine has been sounding out major investors over plans to restructure the country’s $20 billion in internati..
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Dollar gains against euro in flight to safety on Israel-Palestinian fighting
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The safe-haven dollar rose on Monday against the euro and sterling a..
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Renewables funds see record outflows as rising rates, costs hit shares
By Patturaja Murugaboopathy and Tommy Wilkes BENGALURU/LONDON (Reuters) – Investors ditched renewable energy funds at the fastes..
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Investors on guard for oil price spike as Middle East turmoil rattles markets
(Reuters) -Fears of a widening conflict in the Middle East are threatening more volatility for investors after a painful stretch in U...
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Biggest companies in the world
The world’s economic landscape is dominated by a select group of colossal corporations whose influence extends across continents..
Business
GSK signs shingles vaccine deal with China’s Zhifei for around $3 billion
By Maggie Fick and Andrew Silver LONDON/SHANGHAI (Reuters) – China’s largest vaccines company Zhifei will pay British drug..
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UK’s FTSE 100 outperforms peers as oil majors jump on Middle East conflict
By Khushi Singh and Bansari Mayur Kamdar (Reuters) -The commodity-heavy FTSE 100 was subdued on Monday, but outpaced its peers in Euro..
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Oil, gold jump, stocks slip on Middle East conflict
By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 4%, the U.S. dollar edged up against the euro and global stoc..
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European stocks slip amid Middle East conflict jitters
By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) – European stocks came under pressure on Monday as Mideast military ..
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Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says
MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish ..
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Weight-loss drugs fuel boom for firms that fill syringes
By Maggie Fick LONDON (Reuters) – Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are i..
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Progress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) – A new tool launched on Monday to track reforms by the World Bank and the five bi..
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Oil prices jump as Middle East violence rattles markets
BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palest..
Headlines
Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal
(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to $5.8 billion, diversifyi..
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Get Britain building again’, UK’s Labour sets out growth plan
By Elizabeth Piper, Alistair Smout and Andrew MacAskill LIVERPOOL, England (Reuters) – Britain’s opposition Labour Party w..
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UK bank regulator still pressing for Metro plan by Monday – source
LONDON (Reuters) -Britain’s Prudential Regulation Authority (PRA) is still working with embattled Metro Bank to present a plan b..
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Explainer-Paris freaks out over bedbugs ahead of Olympic Games
PARIS (Reuters) – The French government is battling to contain a bout of nationwide panic over bedbugs in Paris just nine months..
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Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report on Friday sent the dollar higher and cast a pall o..
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US dollar set for 12th weekly gain after blowout jobs number
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained on Friday, headed for a 12th straight week of gains, after a ..
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European stocks hits third-straight weekly loss as yields surge
By Sruthi Shankar, Siddarth S and Shristi Achar A (Reuters) -European shares advanced at the end of a turbulent week tracking Wall Str..
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EU leaders resolve to boost economic security amid global tension
GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to strengthen the bloc’s competitiveness, be at th..
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Analysis-Is the US strategy of engaging China working?
By Michael Martina and Humeyra Pamuk WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Bl..
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The Different Types of Gold Bullion Available on the Market
Whenever many people think of gold, they often imagine a gleaming, yellow metal. While this portrayal is exact, the vast majority don&..
Investment
Simple Guide To Ensure You Pass Your SAP Calculation Test
To guarantee compliance with UK regulations, every new build dwelling must undergo Standard Assessment Procedure calculations. This ar..
Business
Renault brings in Volvo, CMA CGM for electric van project
PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renaul..
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US FDA still not satisfied with Philips recall; stock falls over 9%
By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied wi..
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