WASHINGTON (Reuters) – Alphabet Inc’s Google asked a court late Thursday to toss out several allegations made by Epic, Match and U.S. state attorneys general about how the search and advertising giant runs its app store for Android phones. Google’s motion is the company’s latest bid to end costly and time-consuming antitrust lawsuits. It has…
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot with $37 billion worth of M&A deals in the first quarter, with the trend expected to continue in the near term. The increased dealmaking activity is forecast…
(Reuters) -Deloitte will cut around 1,200 jobs or 1.5% of its U.S. workforce, the Financial Times reported on Friday, citing internal employee communications. The layoffs at the auditing firm will be higher in areas such as the financial advisory business, which has been affected by a slump in merger and acquisition activity, the newspaper said….
WASHINGTON (Reuters) – U.S. business activity accelerated to an 11-month high in April, according to a survey on Friday, which was at odds with growing signs that the economy was in danger of slipping into recession as higher interest rates cool demand. S&P Global said its flash U.S. Composite PMI Output Index, which tracks the…
By Deena Beasley and Julie Steenhuysen (Reuters) – Eli Lilly and Co expects the U.S. Medicare health plan to back down from strict coverage limits on new Alzheimer’s drugs as more evidence emerges in coming weeks showing that clearing amyloid brain plaques can help patients, a company executive told Reuters. Lilly plans to release results…
WASHINGTON (Reuters) – Right-wing U.S. radio host Larry Elder, a Black lawyer who has denied there is systemic racism in America, has announced his candidacy for the 2024 Republican presidential nomination. “America is in decline, but this decline is not inevitable. We can enter a new American Golden Age, but we must choose a leader…
By David Stanway SINGAPORE (Reuters) – Volunteers in dozens of countries were set to plant trees, clean up trash and urge governments to do more to combat climate change to mark Earth Day, as scientists warn of more extreme weather and record temperatures this year. The run-up to the 54th annual celebration of the environment,…
(Reuters) – Chile, the world’s second largest lithium producer, said it plans to transfer control of the production of the mineral essential for electric vehicle (EV) batteries to a new state-owned company. Here are key facts about lithium and EVs: WHAT IS LITHIUM? The silvery-white element is the lightest metal and highly reactive, giving it…
N’DJANEMA (Reuters) – Chad has recalled its ambassador to neighbouring Cameroon in the latest escalation of a dispute over the sale by Exxon Mobil of its oil assets in both countries to Savannah Energy. Chad said in a statement late on Thursday that the president of the landlocked Central African state decided to recall its…
(Reuters) – A conflict raging in Sudan is rattling neighbouring countries and worrying the United States and others for reasons ranging from concern about shared Nile waters and oil pipelines to the shape of a new government and a new humanitarian crisis in the making. Sudan, which relies heavily on foreign aid, is no stranger…
