Baby Formula Shortage Could Ease As Abbott Reopens Michigan Plant

Baby Formula Shortage Could Ease As Abbott Reopens Michigan Plant

(Reuters) -Abbott Laboratories said on Saturday that it has reopened its baby formula production plant in Sturgis, Michigan, taking a step toward alleviating an acute nationwide shortage that has sent parents scrambling for supplies. The company said it will begin production of EleCare and other specialty and metabolic formulas, with initial EleCare product release to…

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Rogers Asks Tribunal To Scrap Canada Competition Bureau's Rejection Of Shaw Takeover

Rogers Asks Tribunal To Scrap Canada Competition Bureau’s Rejection Of Shaw Takeover

By Akash Sriram and Divya Rajagopal (Reuters) -Rogers Communications Inc on Friday asked a tribunal to scrap Canada competition bureau’s rejection to its C$20 billion ($15.9 billion) purchase of Shaw Communications Inc, arguing the merger would create more competition rather than stifle it. Calling the opposition to the deal “unreasonable”, Rogers said the bureau had…

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Analysts Raise Argentina 2022 Inflation Forecast To 72.6% - Central Bank

Analysts Raise Argentina 2022 Inflation Forecast To 72.6% – Central Bank

BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank raised their inflation estimate for the South American country for 2022 to 72.6%, 7.5 percentage points above the previous month’s forecast, according to a monthly survey published Friday. Meanwhile, inflation for the month of May was expected to have been at 5.2%, according to the…

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