By Bansari Mayur Kamdar and Anisha Sircar (Reuters) -European shares fell on Friday after a stronger-than-expected U.S. jobs report ramped up bets of another 75 basis point rate hike by the Federal Reserve next month, while fears of a darkening growth …
Pfizer in advanced talks to buy Global Blood Therapeutics for $5 billion – WSJ
(Reuters) -Pfizer Inc is in advanced talks to buy drugmaker Global Blood Therapeutics for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Pfizer is aiming to seal a deal in the coming days, but othe…
Russia bans Western investors from selling banking, key energy stakes
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks un…
Explainer: What are the snags in Germany’s gas levy on consumers?
By Markus Wacket and Vera Eckert FRANKFURT (Reuters) – Germany’s cabinet agreed late on Thursday to impose a gas price levy on consumers, aiming to help struggling importers including Uniper cope with soaring prices due to reduced Russian supply. The l…
Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion
By Akash Sriram (Reuters) -Amazon.com Inc will acquire iRobot Corp, maker of the robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion in the latest push by the world’s largest online retailer to expand its stable of smart home devi…
Snickers maker apologises for advert suggesting Taiwan is a country
BEIJING (Reuters) – Mars Wrigley, maker of the Snickers candy bar, apologised on Friday for a Snickers product launch which Chinese social media users said suggested that Taiwan was a country. Videos and pictures showing a Snickers website promoting a …
Ukraine calls for Black Sea grain deal to extend to other products – FT
(Reuters) – Ukraine has called for the deal that relaxes Russia’s blockade of its Black Sea grain exports to be extended to include other products, such as metals, the Financial Times reported on Friday. “This agreement is about logistics, about the mo…
Liz Truss to set out economic plans to finance sector in bid to lead Britain
By Andrew MacAskill and Carolyn Cohn LONDON (Reuters) – Liz Truss, front-runner to be Britain’s next prime minister, will set out her economic plans to finance sector officials on Friday, including scrapping legacy EU laws by the end of 2023.Foreign Mi…
How worried should we be about the monkeypox health emergency?
(Reuters) – The United States declared the monkeypox outbreak a public health emergency, a move that may increase health agency access to funds and allow the government new avenues for increasing production and use of existing vaccines. The move follow…
U.S. declares monkeypox outbreak a public health emergency
(Reuters) -The United States has declared monkeypox a public health emergency, the health secretary said on Thursday, a move expected to free up additional funding and tools to fight the disease. The U.S. tally topped 6,600 on Wednesday, almost all of …