US court refuses FTC request to pause Microsoft deal for Activision
WASHINGTON (Reuters) – A U.S. federal court rejected the Federal Trade Commission’s request that it order Microsoft to temporarily hold…
Europe
US asks appeals court to pause Microsoft deal after lower court refuses
By Diane Bartz and David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday asked an appeals court to…
Russian Duma completes passage of bill banning gender change
By Lucy Papachristou (Reuters) – A sweeping Russian draft law to ban legally or medically changing gender was approved by…
Small business distress index hits mid-2020 high
(This July 13 story has been corrected to say Gotshal, not Gotschal, in paragraph 1) By Chiara Elisei LONDON (Reuters)…
Roivant in talks to sell bowel disease drug to Roche in over $7 billion deal – WSJ
(Reuters) -Biotech company Roivant Sciences is in talks to sell an experimental drug to treat inflammatory bowel diseases, including ulcerative…
Divisive China, Taiwan bids to join Pacific trade pact in focus at meet
By Lucy Craymer WELLINGTON (Reuters) – Members of a major trans-Pacific trade pact meeting in Auckland on Sunday are set…
Tesla begins sale of cheaper Model Y vehicle in South Korea
SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price…
Cathay Pacific expects up to $576 million first-half profit as demand jumps
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it expects to record a profit of up to HK$4.5 billion…
Russia launches overnight drone attack on Ukrainian president’s hometown
KYIV (Reuters) – A 56-year-old man was injured in an overnight Russian drone strike on Ukrainian President Volodymyr Zelenskiy’s hometown,…
China central bank to use tools such as RRR to tackle economic woes
By Kevin Yao BEIJING (Reuters) -China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and…