(Reuters) – Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. (Reporting by Greg Roumeliotis in New York and Shivam Patel in Bengaluru; Editing by Christian Schmollinger and Tom Hogue)
By Ahmed Aboulenein and Chris Gallagher WASHINGTON (Reuters) -A military cargo plane carrying the first shipment of infant formula from Europe to help address a critical shortage in the United States landed in Indianapolis on Sunday, and the White House said a second flight had been arranged. A Feb. 17 recall by top baby formula…
By Susanna Twidale LONDON (Reuters) – Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere. Even with pledges of huge reductions in emissions, many scientists believe extracting carbon dioxide from…
FRANKFURT (Reuters) – Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the proposal was contingent on free cross-border trade. The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said in a statement on Monday…
(Reuters) – HSBC Holdings has suspended its head of responsible investing pending an internal investigation after he said central bank policymakers and other global authorities are exaggerating the financial risks of climate change, the Financial Times reported on Sunday citing people with knowledge of the process. HSBC senior banker Stuart Kirk made the comments at…
By Ahmed Aboulenein and Chris Gallagher WASHINGTON (Reuters) -A military cargo plane carrying the first shipment of infant formula from Europe to help address a critical shortage in the United States landed in Indianapolis on Sunday, but a top government official noted that much more needs to be done. A Feb. 17 recall by top…
By Sabine Siebold DAVOS, Switzerland (Reuters) – Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressed-up main street in Davos has been transformed by Ukrainian artists into a “Russian War Crimes House”, portraying images of misery and…
By Ahmed Aboulenein WASHINGTON (Reuters) – A military cargo plane carrying the first shipment of infant formula from Europe to address a critical shortage in the United States landed in Indianapolis on Sunday. A Feb. 17 recall by top baby formula maker Abbott Laboratories and the closing of its manufacturing plant in Sturgis, Michigan has…
By Aditya Kalra DAVOS, Switzerland (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them…
By Sudarshan Varadhan and Aftab Ahmed NEW DELHI (Reuters) – Indian steel firms could be forced to cancel European orders and suffer losses after an overnight decision to impose export taxes on steel products, V R Sharma, managing director at Jindal Steel and Power told Reuters. India imposed an export tax of 15% on eight…
