LONDON (Reuters) – Consumer goods giant Unilever has made a bid for pharmaceutical group Glaxosmithkline’s consumer goods business worth roughly 50 billion pounds ($68.4 billion), Britain’s Sunday Times reported. GSK and Pfizer, which owns a minority stake in the division, were understood to have rejected the offer on the basis that it was too low,…
By Aditi Shah NEW DELHI (Reuters) – India, which has among the world’s deadliest roads, on Saturday proposed mandating at least six air bags in all passenger cars manufactured from Oct. 1. The government wants automakers to provide two side air bags and two curtain air bags, to protect those seated in the rear seats,…
AMSTERDAM (Reuters) – Apple said on Saturday it would allow developers of dating apps in the Netherlands to offer non-Apple payment options to their users, complying with an order from the country’s market regulator to do so by Jan. 15 or face fines. The country’s Authority for Consumers and Markets found in a decision published…
BEIJING (Reuters) -China’s new home prices fell more slowly in December than a month earlier, official data showed on Saturday, as marginal easing on financing curbs, and promotions by property developers helped to stabilise demand. Average new home prices in China’s 70 major cities declined 0.2% in December from a month earlier, slower than a…
By David Shepardson WASHINGTON (Reuters) -AT&T Inc led bidders in the Federal Communications Commission (FCC) 5G spectrum auction of 3.45 GHz band spectrum, winning $9 billion in bids, the U.S. regulator said on Friday. The auction generated proceeds of $22.5 billion in total, the FCC said. T-Mobile won $2.9 billion while Weminuche LLC won $7.3…
BEIJING (Reuters) -China’s new home prices fell more slowly in December than a month earlier, official data showed on Saturday, indicating stabilising demand driven by marginal easing on financing curbs, and promotions by property developers. Average new home prices in China’s 70 major cities declined 0.2% in December from a month earlier, slower than a…
By Dmitry Zhdannikov, Ron Bousso, Simon Lewis and Timothy Gardner LONDON/WASHINGTON (Reuters) – The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two U.S. officials and two industry sources told Reuters on Friday. The United…
(Reuters) -Alphabet Inc’s Google is temporarily mandating weekly COVID-19 tests for any person entering Google offices or facilities in the United States, the tech giant said on Friday. Anyone who comes into Google’s U.S. work sites will require a negative test and be required to wear surgical-grade masks while at the office, the company said….
By Siddharth Cavale and Christopher Walljasper (Reuters) – High demand for groceries combined with soaring freight costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to empty supermarket shelves at major retailers across the United States. Growers of perishable produce across the West Coast…
By Nate Raymond (Reuters) -Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims that it fueled the opioid epidemic in New Mexico, a state which originally opted against participating in a nationwide settlement resolving thousands of similar cases. The drugmaker said the $44 million was consistent with the…
