By Diane Bartz and Kanishka Singh WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Monday it dismissed a complaint against Marlboro cigarette maker Altria Group and e-cigarette maker Juul Labs that was brought after Altria bought a 35% stake in Juul. The agency also said it would vacate an FTC administrative law judge’s decision…
By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivian in Germany over the coming weeks as part of long-term plans to electrify its transportation network, it said on Tuesday. Amazon said 300 electric vans will hit the roads in the Munich, Berlin, and…
(Reuters) – Reuters said on Monday it has appealed a Turkish court order to remove a news article on the agency’s website that said U.S. and Swedish prosecutors are studying a graft complaint naming a son of President Tayyip Erdogan. In the court ruling, a copy of which was seen by Reuters, the news agency…
TIRANA (Reuters) – Former U.S. President Bill Clinton, largely credited for ending the Kosovo war more than two decades ago, on Monday told Kosovo’s government to stop its actions in the Serb majority north, where tension has flared over the past few months. Kosovo’s northern region, home to 50,000 ethnic Serbs, has recently seen its…
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -Japan’s top lenders aim to carve out a larger presence in U.S investment banking as they look to make better use of their massive balance sheets by winning a bigger slice of deals, executives say. For years Japan’s megabanks have been notable players in U.S. corporate lending,…
By Saeed Azhar NEW YORK (Reuters) -Bank of America and Citigroup said on Monday they had begun a dialogue with the Federal Reserve to understand differing results between the central bank’s stress test and the companies’ own under the Dodd-Frank Act. BofA has yet to announce a potential dividend increase, in contrast with rivals. JPMorgan…
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to face a European Union antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said. Microsoft, which has been fined 2.2 billion euros ($2.4 billion) in…
(Reuters) – U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, said on Monday. SVB Financial Group, Envision Healthcare Corp, Bed Bath & Beyond, Party City Holdco, Lordstown Motors and Kidde-Fenwal were among some casualties of decades-high interest…
By Fatos Bytyci and Florion Goga TIRANA (Reuters) – Former U.S. President Bill Clinton on Monday met 12 children and men from Kosovo who were named after him in gratitude for his role in stopping the 1998-99 Kosovo War. Clinton, who served as president from 1993 to 2001, is regarded as a hero in Kosovo…
(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a potential candidate to take the helm at the embattled British cinema chain operator when it emerges from bankruptcy proceedings, Sky News reported on Monday. It is not clear whether Acuna was formally in the frame to…
