By Dietrich Knauth (Reuters) -FTX’s lawyers on Monday strongly urged a U.S. bankruptcy judge in Delaware not to greenlight a…
Drug companies face COVID cliff in 2023 as sales set to plummet
By Michael Erman and Patrick Wingrove NEW YORK (Reuters) – Pharmaceutical companies that made billions from the pandemic over the…
Oil rises 1% in choppy trade on China demand hopes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher in choppy trading on Monday as markets weighed a return in…
Possible U.S. debt-ceiling workarounds to avoid default
WASHINGTON (Reuters) – As Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy gird for a protracted battle…
Law firms in Meta antitrust lawsuit clash over lead role
By Mike Scarcella (Reuters) – Two major U.S. law firms are feuding over which one will lead a consumer antitrust…
Turkey’s lira hits record low but rebounds after quake, stocks slip
LONDON (Reuters) – Turkey’s lira briefly dipped to a record low and its main stock market fell 1.35% on Monday…
U.S. financial conditions may tighten further: SF Fed paper
By Ann Saphir (Reuters) – U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its…
Tyson Foods ‘hit in the mouth’ on meat supplies, CEO says; shares fall
By Tom Polansek and Deborah Mary Sophia (Reuters) -Tyson Foods Inc took a “hit in the mouth” as larger-than-expected beef…
First Quantum suspends copper concentrate loading at Panamanian port
(Reuters) -First Quantum Minerals Ltd said on Monday it has suspended loading operations at a major port in Panama, blocking…
German minister Habeck calls for green tech cooperation with United States
BERLIN (Reuters) – Germany’s Economy Minister Robert Habeck has called for cooperation in green investments between Europe and the United…