Factbox-Global baby formula makers send products to restock U.S. shelves

Global companies that make baby formula are bringing products into the United States after the country's health regulator relaxed its import policy to address a nationwide shortage partly triggered by Abbott Laboratories' manufacturing plant in Michigan recalling some products in February.

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17-06-2022

Verizon, AT&T agree to delay some 5G deployment until mid-2023

The Federal Aviation Administration said Friday that Verizon Communications and AT&T have voluntarily agreed to delay some C-Band 5G usage until July 2023 as air carriers work to retrofit airplanes to ensure they will not face interference.

newspaper

17-06-2022

NBCUniversal extends deal to sell ads for Apple News

Comcast Corp's NBCUniversal media unit said on Friday it expanded its partnership with Apple Inc, becoming the exclusive seller of advertising for the Apple News and Apple Stocks apps in Britain.

newspaper

17-06-2022

LME launches reporting of OTC positions after nickel chaos

LONDON (Reuters) -The London Metal Exchange (LME) approved rules on Friday for members to report all over the counter (OTC) positions, a move taken after off-exchange trading was partly blamed for a wild spike in nickel prices in March.

newspaper

17-06-2022

Tesco says Britons buying less and trading down to navigate inflation

LONDON (Reuters) -Britons are buying less, switching to cheaper products and shopping more often as they try to cope with soaring inflation, supermarket giant Tesco said on Friday, describing the market environment as "incredibly challenging".

newspaper

17-06-2022

EssilorLuxottica to repurchase up to 2.5 million shares

EssilorLuxottica said on Friday it was launching a new share buyback programme for a maximum of 2.5 million shares, or around 0.6% of its capital.

newspaper

17-06-2022

BOJ maintains ultra-low rates, warns against sharp yen falls

TOKYO (Reuters) -The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at "present or lower" levels, signaling its resolve to focus on supporting the economy's tepid recovery from the COVID-19 pandemic.

newspaper

17-06-2022

Japan May consumer inflation seen likely staying above central bank's target: Reuters poll

Japan's core consumer price index for May is expected to climb 2.1% from a year earlier, its second straight month of gains above the central bank's 2% inflation target, a Reuters poll showed on Friday.

newspaper

17-06-2022

Sequoia India grapples with fallout from governance snafus

Sequoia Capital's India partners, caught out early this year by governance scandals at startup companies in its portfolio, assured investors at an April meeting in London that these "lowlights" were mostly behind it, according to three people familiar with the discussions.

newspaper

17-06-2022