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Iran war unsettles India's packaged water makers as bottles, caps get pricey
Higher polymer prices hurt bottled water industryIndustry worth $5 billion has big multinational players like Pepsi, Coca-Cola No retail impact yet but distributors feel the pinchAava mineral water raises prices for resellers by 18%By Aditya Kalra NEW DELHI, March 11 (Reuters) - The Iran war is r...Reuters
7 minutes ago
Lilly finds impurity in compounded version of its weight-loss drug, warns of health risks
Lilly warns of impurity in compounded tirzepatide with vitamin B12, calls for recallCompounders have argued products are legal and safeFDA has issued warning letters to compounders for making misleading claimsBy Leah Douglas WASHINGTON, March 12 (Reuters) - Compounded weight-loss drugs that conta...Reuters
8 minutes ago
Eli Lilly Issues Warning About Potential Safety Risks Of Tirzepatide Compounded With Vitamin B12
March 12 (Reuters) - Eli Lilly and Co LLY.N:AN OPEN LETTER FROM ELI LILLY AND COMPANY WARNING OF POTENTIAL PATIENT SAFETY RISKS ASSOCIATED WITH TIRZEPATIDE COMPOUNDED WITH VITAMIN B12ELI LILLY: ISSUING A PUBLIC WARNING ABOUT POTENTIAL SAFETY RISKS ASSOCIATED WITH COMPOUNDED TIRZEPATIDE MIXED WITH VI...Reuters
13 minutes ago
Switzerland analysing implications of U.S. trade probe, government says
ZURICH, March 12 (Reuters) - Switzerland is analysing the implications of the latest U.S. trade probe, the government said on Thursday. Switzerland has received a letter from the U.S. Trade Representative saying the U.S. is launching an investigation into unfair trade practices, and is in contact wi...Reuters
16 minutes ago
CANADA RESEARCH ROUNDUP-Altius Minerals ,K92 Mining, Oceanagold
March 12 (Reuters) - Securities analysts revised their ratings and price targets for several Canadian companies including Altius Minerals, K92 Mining and Oceanagold on Thursday. HIGHLIGHTS Altius Minerals Corp ALS.TO: TD Cowen resumes coverage with buy ratingK92 Mining Inc KNT.TO: RBC raises ...Reuters
21 minutes ago
Amazon plans to invest 23 bln zlotys in Poland in 2026-2028
WARSAW, March 12 (Reuters) - Amazon plans to invest 23 billion zlotys ($6.23 billion) in Poland in 2026-2028 versus 45 billion in 2012-2025, it said in a presentation in Warsaw on Thursday."Between 2026 and 2028, we are going to increase investment in the Polish economy. We will invest 23 billio...Reuters
22 minutes ago
JP Morgan, UBS Dropped Hedge Fund Infini Capital Management Embroiled In Hong Kong Probe - Bloomberg News
March 12 (Reuters) - JPMorgan Chase & Co JPM.N:JPMORGAN, UBS DROPPED HEDGE FUND INFINI CAPITAL MANAGEMENT EMBROILED IN HONG KONG PROBE - BLOOMBERG NEWSSource text: https://tinyurl.com/2r8bfbucReuters
27 minutes ago
UK gilts descend further as tankers burn, BoE rate hike bets rise
By Andy Bruce MANCHESTER, England, March 12 (Reuters) - British government bond prices fell again in early trade on Thursday, extending a dire performance for the month on news that two tankers were ablaze in Iraqi waters on Thursday after what appeared to be Iranian strikes.Five- GB5YT=RR and 10...Reuters
28 minutes ago
Taiwan parties agree government can sign stalled agreements on U.S. arms deals
TAIPEI, March 12 (Reuters) - Taiwan's three main political parties agreed on Thursday to authorise its government to sign U.S. agreements for four arms sales packages, after officials warned that Taipei would go to the back of the line if it missed the deadline.The back and forth on Taiwan's...Reuters
28 minutes ago
Bund yields hit highest since October 2023 as oil prices jump
By Stefano Rebaudo March 12 (Reuters) - Euro area benchmark Bund yields hit their highest level in almost 2-1/2 years on Thursday, as conflict in the Middle East fuelled inflation fears and expectations for interest rate increases.Oil prices jumped on fears that the conflict and related oil-flow ...Reuters
29 minutes ago
Honda CEO Mibe: Cancelled Development Of Saloon And SUV Models Of EV '0' Series And Acura RSX
March 12 (Reuters) - Honda Motor Co Ltd 7267.T:HONDA CEO MIBE: CANCELLED DEVELOPMENT OF SALOON AND SUV MODELS OF EV '0' SERIES AND ACURA RSXHONDA CEO MIBE: EV DEMAND HAS FALLEN SHARPLY, PUTTING PROFITABILITY IN VERY DIFFICULT POSITIONHONDA EVP KAIHARA: PLAN TO LAUNCH NEW HYBRID MODELS IN T...Reuters
38 minutes ago
South Korea to discipline officials over delays in recovering remains of Jeju Air crash victims
By Kyu-seok Shim SEOUL, March 12 (Reuters) - South Korean President Lee Jae Myung has ordered tough disciplinary action against officials responsible for delays in recovering the remains of victims from the 2024 Jeju Air crash that killed 179 people, his office said Thursday. Lee had expressed...Reuters
39 minutes ago
UK's John Lewis restores staff bonus but flags caution on trading outlook
Full-year profit up 6%, sales up 5%Pays first staff bonus in four yearsSays macroeconomic environment is challengingBy James Davey LONDON, March 12 (Reuters) - British retailer the John Lewis Partnership reported a 6% rise in annual profit and restored its staff bonus after a four-year hiatus but...Reuters
40 minutes ago
Italian military base in Iraqi Kurdistan hit by airstrike
ROME, March 12 (Reuters) - An Italian military base in Iraqi Kurdistan was hit overnight by an airstrike though no injuries were reported, the Italian defence officials said on Thursday.The defence ministry initially spoke of a missile attack on the Italian base in Erbil, but ministry sources later ...Reuters
40 minutes ago
Chevron sells stake in Angola's Block 14, 14K to Energean for $260 million
March 12 (Reuters) - Energean ENOG.L on Thursday said it would acquire Chevron's CVX.N interests in two offshore Angola oil blocks for a base consideration of $260 million, as the Mediterranean-focused gas producer follows through on its plan to build out a hub in West Africa.Energean has been i...Reuters
47 minutes ago
Chevron sells stake in Angola's Block 14, 14K to Energean for $260 million
March 12 (Reuters) - Energean ENOG.L on Thursday said it would acquire Chevron's CVX.N interests in two offshore Angola oil blocks for a base consideration of $260 million, as the Mediterranean-focused gas producer follows through on its plan to build out a hub in West Africa.Energean has been i...Reuters
47 minutes ago
Citibank closes UAE branches temporarily as precautionary measure
DUBAI, March 12 (Reuters) - Citibank C.N will close its branches and financial centres in the United Arab Emirates through March 14 as a precautionary measure, the bank's website showed on Thursday, following a wave of banks sending staff home as the crisis in the Middle East deepens. Th...Reuters
52 minutes ago
Honda flags $3.6 billion loss this year as EV restructuring costs widen
By Daniel LeussinkTOKYO, March 12 (Reuters) - Honda 7267.T warned on Thursday it would tumble to a loss of as much as $3.6 billion this year, hit by the widening cost of restructuring its struggling EV business.Japan's second-largest automaker becomes the latest global car company to warn of a m...Reuters
53 minutes ago
Tesla set to start supplying UK homes with electricity
LONDON, March 12 (Reuters) - Elon Musk's Tesla can soon start supplying British homes with electricity after it was granted a licence on Thursday, bringing a new competitor into the market at a time of heightened worries over rising bills . The country's energy regulator Ofge...Reuters
54 minutes ago
UK's Savills to acquire Eastdil Secured in $1.1 billion deal, including debt
March 12 (Reuters) - UK's Savills SVS.L said on Thursday it would acquire U.S.-based real estate investment bank Eastdil Secured in a deal worth $1.1 billion, including debt, as the real estate company looks to expand its footprint in North America.Eastdil Secured generates 76% of its revenue fr...Reuters
an hour ago
