FTC faces uphill battle in Microsoft/Activision appeal
By Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s (FTC) bid to temporarily block Microsoft’s $69 billion purchase…
Economy
Illumina hit with record $476 million EU antitrust fine over Grail deal
(This July 12 story has been officially corrected by the European Commission to change the amount of deal to $570…
Republican state officials threaten legal action over company diversity policies
(Refiles to replace ‘attorney generals’ with ‘attorneys general’ throughout) By Daniel Wiessner (Reuters) -A group of Republican U.S. state attorneys…
StanChart to sell five sub-Saharan Africa businesses to Access Bank
DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in five sub-Saharan…
One in four UK single parent households unable to afford food
By David Milliken LONDON (Reuters) – More than a quarter of Britain’s single parent households have recently run out of…
Czech lawmakers give initial backing to $7 billion budget savings package
PRAGUE (Reuters) – The Czech parliament’s lower house gave initial backing on Friday to the centre-right government’s package of spending…
European sovereign bond funds pull in record $15 billion in second quarter
By Harry Robertson LONDON (Reuters) – Global investors poured a record amount of money into European sovereign bond funds in…
State Street beats profit estimates as interest income rises
(Reuters) – State Street Corp on Friday beat profit estimates for the second quarter as the bank’s interest income benefited…
Ukraine posts trade deficit of $8.97 billion in Jan-May
KYIV (Reuters) – Ukraine’s trade deficit grew to $8.97 billion in the first five months of the year compared with…
Cuba vows to take part ‘very constructively’ in EU summit with Latin America, Caribbean
By Catarina Demony and Miguel Pereira LISBON (Reuters) – Cuban President Miguel Diaz-Canel promised on Friday his country would take…