Drugmakers Condemn Plan For COVID Vaccine Patent Waiver
(Reuters) – Global drugmakers condemned on Wednesday an initiative by four World Trade Organization members to introduce an intellectual property…
March 16, 2022
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions…
Exclusive-ECB Tells Banks To Watch All Russian Clients In Widening Of Sanctions Net -sources
By Francesco Canepa and Jesús Aguado FRANKFURT/MADRID (Reuters) – European Union regulators have told some banks to scrutinise transactions by…
Explainer-Raskin’s Withdrawal From Fed Nomination Spells More Delays For Rule Changes
By Pete Schroeder WASHINGTON (Reuters) – Sarah Bloom Raskin’s decision Tuesday to withdraw her nomination as the Federal Reserve’s Wall…
LME Nickel Trading Halted In Chaotic Market Resumption
By Pratima Desai, Zandi Shabalala and Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) halted nickel trading on…
Volkswagen Brand Reluctant To Make 2022 Forecast
BERLIN (Reuters) – German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9…
Reeling From China’s Crackdown, Alibaba And Tencent Readying Big Job Cuts – Sources
By Julie Zhu, Yingzhi Yang and Yew Lun Tian (Reuters) – Alibaba Group and Tencent Holdings are preparing to cut…
China tries to calm markets by pledging support for economy
BEIJING (AP) — China’s government tried Wednesday to reassure jittery investors by promising support for real estate and technology companies…
NortonLifeLock’s $8.6 Billion Avast Deal Faces In-depth UK Probe
(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc’s $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain…
Asian stocks follow Wall Street higher after Fed rate hike
BEIJING (AP) — Asian stock prices surged for a second day Thursday after the Federal Reserve announced its first interest…