Author Archives: Syndicated Content
Tastemaker SPAC calls off nearly $1 billion planned merger with Quality Gold
(Reuters) - Special purpose acquisition company (SPAC) Tastemaker Acquisition Corp said on Thursday its planned $989 million merger with jewelry distributor Quality Gold had been terminated due to cha...
Jun 22, 2023
New York lawyers sanctioned for using fake ChatGPT cases in legal brief
By Sara Merken NEW YORK (Reuters) - A U.S. judge on Thursday imposed sanctions on two New York lawyers who submitted a legal brief that included six fictitious case citations generated by an artificia...
Jun 22, 2023
FTX sues ex-Clinton aide’s investment firm for $700 million
By Dietrich Knauth NEW YORK (Reuters) - Bankrupt crypto exchange FTX on Thursday sued a former aide to Hilary Clinton and the former aide's investment firm, seeking to claw back $700 million in invest...
Jun 22, 2023
US FDA declines to approve Intercept’s fatty liver disease drug
(Reuters) - The U.S. Food and Drug Administration on Thursday declined to grant accelerated approval for Intercept Pharmaceuticals' drug to treat a type of fatty liver disease. The rejection marks Int...
Jun 22, 2023
Moderna files for US FDA authorization of updated COVID vaccine
(Reuters) - Moderna said on Thursday it has completed the submission of a regulatory application to the U.S. Food and Drug Administration for its updated COVID-19 vaccine to target subvariant XBB.1.5....
Jun 22, 2023
Marketmind: Another round of rate hikes, macro data on tap
By Lewis Krauskopf (Reuters) - A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent. Asian markets will be waking up to a jolt of central bank rate hikes and looki...
Jun 22, 2023
Exclusive-Fast-fashion giant Shein plans new Mexico warehouse in Latin America push
By Daina Beth Solomon MEXICO CITY (Reuters) - Fast-fashion giant Shein is seeking more warehouse space in Mexico as it expands e-commerce operations in the country, part of the company's budding plans...
Jun 22, 2023
Ford preparing for new round of layoffs for US salaried workers – WSJ
(Reuters) - Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The ...
Jun 22, 2023
Ukraine’s Zelenskiy: Russia is hiding bodies of victims of dam breach
(Reuters) - Russia has formed special groups to collect and hide bodies of people killed in the aftermath of the breach this month of the Kakhovka dam in southern Ukraine, President Volodymyr Zelenski...
Jun 22, 2023
Zambia confirms it has agreed debt restructuring with official creditors
LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would now seek a quick agreement with its private creditors as well. The d...
Jun 22, 2023
