Sanofi halts new spending on non-essential drugs in Russia and Belarus

French drugmaker Sanofi on Wednesday said it would stop immediately any new spending not related to the supply of essential and life-changing medicines and vaccines in Russia, as well as in Belarus.

newspaper

23-03-2022

U.S. not looking to renegotiate Trump-era steel quotas with South Korea, says Raimondo

The United States has no plans to renegotiate a quota agreement forged by South Korea and the former Trump administration, U.S. Commerce Secretary Gina Raimondo said on Wednesday, a day after agreeing to cut tariffs on British steel and aluminum.

newspaper

23-03-2022

Oil jumps 5% as Caspian pipeline disruption adds to supply fears

LONDON/NEW YORK (Reuters) -Oil prices jumped 5% to over $121 a barrel on Wednesday as a weather-related disruption to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies.

newspaper

23-03-2022

Nvidia CEO says interested in exploring chip manufacturing with Intel

Nvidia Corp is interested in exploring Intel Corp as a foundry for making its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday.

newspaper

23-03-2022

Oil jumps in volatile trade amid CPC pipeline disruption

LONDON (Reuters) -Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude exports via the CPC pipeline.

newspaper

23-03-2022

Carlos Slim's FCC offers to buy 24% stake in Metrovacesa

MADRID (Reuters) -Mexican billionaire Carlos Slim's Spanish construction firm FCC on Wednesday launched a tender offer for a 24% stake in real estate developer Metrovacesa, a FCC filing to the local stock market regulator showed.

newspaper

23-03-2022

Japan watchdog files charges against SMBC Nikko with prosecutors

TOKYO (Reuters) -Japan's Securities and Exchange Surveillance Commission on Wednesday filed criminal charges with Tokyo prosecutors against SMBC Nikko Securities and seven of its employees over alleged market manipulation.

newspaper

23-03-2022

Japan to compile fresh stimulus package to cushion fuel blow, PM says

Japan's ruling coalition on Wednesday agreed to compile a fresh stimulus package to cushion the economic blow from surging fuel and grain prices caused by the war in Ukraine.

newspaper

23-03-2022

Lanvin Group, owned by China's Fosun, plans New York listing via SPAC

SHANGHAI/SYDNEY (Reuters) -Lanvin Group, the luxury fashion company owned by Chinese conglomerate Fosun International Ltd, said on Wednesday it plans to list in New York by merging with a special purpose acquisition company (SPAC) and aims to raise up to $544 million to fund its global expansion ambitions.

newspaper

23-03-2022