Eli Lilly to invest additional $1.6 billion in 2 new plants
(Reuters) – Eli Lilly and Co said on Monday it will invest an additional $1.6 billion at its two new…
Business
US regulator calls for greater scrutiny of hedge funds after bond turmoil- FT
(Reuters) – Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), said hedge funds and other parts…
US Supreme Court rebuffs Novartis bid to revive MS drug Gilenya patent
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp’s bid to revive…
Ryanair does not expect major disruption due to Boeing issues
DUBLIN (Reuters) – Ryanair does not expect to see major disruption this summer on account of Boeing’s decision to halt…
HSBC shareholder Ping An to vote for bank’s break-up at annual meeting -source
HONG KONG/LONDON (Reuters) – HSBC’s biggest shareholder Ping An is likely to vote in favour of splitting the bank up…
BoE to raise rates once more in May but decision a close call – Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England likely has one more hike in its tightening cycle but…
Swiss government awards $9.7 million contract related to Credit Suisse – UBS merger
By Oliver Hirt ZURICH (Reuters) – The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss…
German oil imports rose 8.5% in 2022, Russia biggest supplier
FRANKFURT (Reuters) – Germany’s crude oil imports rose 8.5% in 2022 as Europe’s biggest economy recovered from the COVID-19 pandemic…
New York factory activity rebounds in April-NY Fed
WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State…
Merck to take $10.3 billion R&D charge for Prometheus deal this year
(Reuters) – Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as…