Saudi attacks rattle shippers’ plan to switch fuels
LONDON/NEW YORK (Reuters) – Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry’s preparations for the biggest switch in…
Shares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude…
Waning ECB stimulus bets push bond yields higher
LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this…
U.S. launches antitrust probe into California automaker agreement
WASHINGTON (Reuters) – The U.S. Justice Department is investigating whether the decision of four automakers in July to reach a voluntary agreement with California to adopt state emissions standards violated…
EPA, DOT say California actions on auto emissions appear to be ‘unlawful’
FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA headquarters in Washington, U.S., July 11, 2018. REUTERS/Ting Shen WASHINGTON (Reuters) – The top…
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation…
Drugmakers file second court challenge to Canada’s new drug price rules
TORONTO (Reuters) – Canada’s main pharmaceutical industry lobby group, along with 16 of its member companies, filed a lawsuit on Friday to block new regulations meant to lower patented drug…
Asia shares rise on trade talks hope, firm U.S. data; safe havens sold
TOKYO (Reuters) – Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators…
Vaccines group seeks $7.4 billion to save up to 8 million lives
FILE PHOTO: A Rohingya refugee child gets an oral cholera vaccine, distributed by the World Health Organisation (WHO) with the help of volunteers and local NGO’s, in a refugee camp…
Oklahoma hospital used dirty gastroscopes on almost 1,000 patients; no infections reported
(Reuters) – An unnamed hospital in Oklahoma used contaminated gastroscopes in procedures performed on nearly a thousand patients in recent months, device maker Pentax Medical told U.S. regulators last month,…