Bidens offer ‘joy’ at White House Pride event as LGBTQ attacks mount

(This June 10 story has been corrected to say that Pete Buttigieg is the first openly LGBTQ U.S. Cabinet secretary confirmed by lawmakers, in paragraph 3) By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Saturday hosted the largest Pride celebration in White House history, calling for new measures to protect the rights…

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Catalent shares jump as long-delayed results clear ‘low bar’

By Bhanvi Satija (Reuters) – Catalent’s shares shot up 12% on Monday as the contract drug manufacturer posted third-quarter revenue ahead of estimates after a long delay caused by persistent production issues at its major facilities. The company reported a larger-than-expected quarterly loss and cut its annual revenue forecast for the second time, but strength…

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Oreo-maker Mondelez faces Nordic backlash over Russia business

By Terje Solsvik OSLO (Reuters) -Mondelez International, facing a widening corporate boycott in the Nordic region over its presence in Russia will meet with Norwegian government representatives this week in the hope of protecting the group’s local business. Airlines SAS and Norwegian Air, railway group SJ, hotel chain Strawberry, retailer Elkjop, shipping group Fjord Line…

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TV, soccer and finance: Silvio Berlusconi’s many businesses

ROME (Reuters) -Silvio Berlusconi, the former Italian prime minister and billionaire media mogul who died on Monday at the age of 86, controlled a diverse business empire through the Fininvest family holding and several related companies. FININVEST Berlusconi, who made his name by building a media empire in the 1980s and as owner of European…

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Analysis-What’s next for Italy’s coalition after Berlusconi’s death?

By Angelo Amante and Giuseppe Fonte ROME (Reuters) – The death of Silvio Berlusconi will send shockwaves through his Forza Italia party, a member of Italy’s right-wing coalition, but analysts believe it could provide a chance for Prime Minister Giorgia Meloni to strengthen her leadership. Media tycoon Berlusconi founded Forza Italia when he entered politics…

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Rich US subsidies may hobble Canada’s clean-fuel efforts

By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada C$10 billion ($7.5 billion) of investment and undermine Prime Minister Justin Trudeau’s efforts to build a…

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