US FDA identifies recall of Philips’ respiratory devices as most serious
(Reuters) – The U.S. Food and Drug Administration (FDA) on Monday classified the recall of Philips’ respiratory machines as its…
Catalent, facing pressure from Elliott, had other activists in stock
By Svea Herbst-Bayliss NEW YORK (Reuters) – Contract drugmaker Catalent, which is being pushed to make changes to its board…
Brazil’s Magalu blames wider quarterly loss on high borrowing costs
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais…
Goldman Sachs appoints John Greenwood as co-head of Latin America -memo
NEW YORK (Reuters) – Goldman Sachs appointed John Greenwood as its co-head of Latin America and head of investment banking…
Argentina devalues peso, raises rates after shock primary vote
By Eliana Raszewski and Jorgelina do Rosario BUENOS AIRES/LONDON (Reuters) -Argentina’s government devalued its currency by nearly 18% on Monday…
Former FBI agent says he was not aware of interference in Hunter Biden probe
WASHINGTON (Reuters) – A former FBI agent who helped lead the probe of Hunter Biden told congressional investigators that he…
EV maker Canoo posts smaller-than-expected loss on lower costs
(Reuters) – Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its…
Warren Buffett’s company invests in three homebuilders even as rates rise
By Jonathan Stempel (Reuters) -Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Monday disclosed new investments in the…
Marketmind: China data deluge as EM turmoil deepens
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Amazon’s devices chief David Limp to retire after 13 years
(Reuters) – Amazon.com’s devices chief David Limp would retire in the coming months, in a high-level departure from a division…