Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Drugmaker Mallinckrodt emerges from bankruptcy
(Reuters) -Drugmaker Mallinckrodt said on Tuesday it has emerged from bankruptcy and reduced its total funded debt by about $1.9 billion. Mallinckrodt, which won court approval for its bankruptcy plan...
Nov 14, 2023
Investors increase holdings of weight-loss drug makers’ shares in Q3 -filings
By Carolina Mandl NEW YORK (Reuters) - Some big investors showed increased appetite for weight-loss drug makers in the third quarter, piling in to shares of Eli Lilly and Novo Nordisk amid growing dem...
Nov 14, 2023
TotalEnergies Texas FCC work to continue to late Nov -sources
HOUSTON (Reuters) - A planned overhaul of the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery is expected to continue into...
Nov 14, 2023
US FDA warns Amazon against sale of unapproved eye drops
(Reuters) - The U.S. Food and Drug Administration said on Tuesday it had sent a warning letter to Amazon.com related to sale of seven unapproved eye drops on the company's e-commerce platform. In the ...
Nov 14, 2023
Glencore coal deal shows power of fossil fuels – even on their way out
By Clara Denina and Pratima Desai LONDON (Reuters) - Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies - for a decade or...
Nov 14, 2023
Marketmind: To the moon, boosted by US soft landing hopes
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets open on Wednesday with stocks, risk assets and investor sentiment...
Nov 14, 2023
Charter Communications to pay $25 million penalty for unauthorized stock buybacks, SEC says
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday that Charter Communications (CHTR.O) will pay a $25 million penalty for unauthorized stock buybacks. It said the comp...
Nov 14, 2023
Allkem-Livent merger gets regulatory approvals before shareholder vote
(Reuters) - Lithium miner Livent said on Tuesday its proposed $10.6 billion merger with Australia's Allkem had received all the required pre-closing regulatory approvals. The deal is expected to close...
Nov 14, 2023
Investors expand bets on tech stocks as sector still fuels market gains -filings
By Svea Herbst-Bayliss NEW YORK (Reuters) - Several hedge funds expanded their bets on big technology stocks including Amazon, Microsoft and Meta Platforms even as these companies stumbled some during...
Nov 14, 2023
PIMCO bullish on bonds next year as inflation slows down
NEW YORK (Reuters) - U.S. bond giant Pacific Investment Management Company (PIMCO) said on Tuesday it favors bonds over other asset classes next year as it expects economic growth to have peaked and t...
Nov 14, 2023
