Abbott, Other Formula Makers Face FTC Investigation For Collusion – WSJ
(Reuters) -The U.S. Federal Trade Commission is investigating whether baby-formula makers colluded on bids for attractive state contracts, the Wall…
May 2023
ANALYSIS-Saudi embrace of Assad sends strong signal to US
By Samia Nakhoul and Aziz El Yaakoubi (Reuters) – Once labelled a pariah, Saudi Crown Prince Mohammed bin Salman took…
Sony says independent player status paying off in streaming war
By Sam Nussey TOKYO (Reuters) – Sony Group Corp said on Wednesday that its status as an independent provider of…
More tech investment needed to prevent aviation accidents – US safety board
By David Shepardson WASHINGTON (Reuters) -The U.S. needs to invest more in aviation safety technology solutions after a series of…
China’s Lenovo Revenue Falls For Third Consecutive Quarter As PC Demand Slumps
By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group Ltd on Wednesday reported a 24% fall in revenue for…
Marketmind: UK awaits CPI; US debt standoff casts long shadow
A look at the day ahead in European and global markets from Kevin Buckland Britain gets a read on how…
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL (Reuters) – South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned…
What US Treasury debt payments are at risk of default?
By Davide Barbuscia NEW YORK (Reuters) – Wall Street’s focus is turning to at-risk U.S. Treasury debt payments as the…
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK (Reuters) – U.S. money market fund assets hit a new record of $5.8 trillion this…
Japan’s plan to issue bonds to fund childcare programme adds to debt burden
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government is expected to fund part of its spending for…