By Richa Naidu LONDON (Reuters) -Danone SA has been doubling shipments to the United States of Neocate formula for infants allergic to cow’s milk, a top executive told Reuters on Wednesday, hoping to help stem a nationwide shortage of formula. Top manufacturer Abbott Laboratories in February recalled dozens of types of its Similac, Alimentum and…
BERLIN (AP) — Commodities firm Glencore says it has reached deals with authorities in the United States, Britain and Brazil to resolve corruption allegations in return for penalties totaling up to $1.5 billion. The Anglo-Swiss company said late Tuesday that it will pay $700 million to resolve a U.S. bribery probe and a further $486…
By James Davey LONDON (Reuters) -British retailer Marks & Spencer will pull out of Russia altogether and joined rivals in warning about the outlook for the current year amid a worsening cost-of-living crunch. The 138-year-old clothing and food company ceased shipments to Russia in March and it said on Wednesday it would get out of…
BAKHMUT, Ukraine (AP) — Chunks of thick, twisted metal and wood splinters lie among the swings and slides in the playground outside a bombed-out school. Some streets away, a yellow bathtub dangles over the void left when part of an apartment building collapsed in a bombing. The eastern Ukrainian town of Bakhmut has been coming…
By Richa Naidu LONDON (Reuters) – Danone SA on Wednesday said it has been doubling shipments to the United States of Neocate formula for infants allergic to cow’s milk. The world’s second-biggest baby formula maker told Reuters that it is in talks with U.S. authorities over what more it can do to ease the formula…
Pfizer said Wednesday that it will provide nearly two dozen products, including its top-selling COVID-19 vaccine and treatment, at not-for-profit prices in some of the world’s poorest countries. The drugmaker announced the program at the World Economic Forum’s annual gathering in Davos, Switzerland, and said it was aimed at improving health equity in 45 lower-income…
KRAMATORSK, Ukraine (AP) — Piano music wafted from an apartment block on a recent spring evening in Kramatorsk, blending with distant artillery fire for a surreal soundtrack to a bomb-scarred neighborhood in the eastern Ukrainian city. No matter where they live, the 3-month-old war never seems to be far away. Those in towns and villages…
NEW DELHI (AP) — India is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable. The decision follows a similar measure for wheat and comes amid signs of tightening world supplies. India is the second-largest producer, after Brazil, and biggest consumer of sugar…
ANKARA, Turkey (AP) — Senior officials from Sweden and Finland met with Turkish counterparts in Ankara on Wednesday in an effort to overcome Turkey’s strong objections to the Nordic nations’ bids to join NATO. Sweden and Finland submitted their written applications to join NATO last week. The move represents one of the biggest geopolitical ramifications…
BEIJING (AP) — Asian stock markets were mixed Thursday after notes from the Federal Reserve’s latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. Benchmarks in Hong Kong and Sydney declined while Tokyo, Shanghai and Seoul were higher. Oil prices also advanced. Investors are uneasy over the impact…
