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17 May

Japan's Nomura targets up to 90% jump in core pretax income in 3 years

TOKYO (Reuters) -Nomura Holdings Inc, Japan's biggest brokerage and investment bank, said on Tuesday it is targetting an up to 90% jump in pretax income in three years as it plans to beef up digital and advisory services.

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17 May

U.S. to allow baby formula imports amid nationwide shortage

WASHINGTON (Reuters) -The United States will allow baby formula imports from foreign makers that do not usually sell their products here, the Food and Drug Administration said on Monday, as it tries to ease a nationwide shortage that has left parents scrambling to feed their babies.

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16 May

United Airlines lifts second-quarter revenue forecast

United Airlines Holdings Inc on Monday raised its revenue estimate for the current quarter despite trimming capacity, underscoring a booming travel demand.

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16 May

Intel shareholders reject compensation packages for top executives

Intel Corp shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger, a regulatory filing showed on Monday.

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16 May

Explainer-What happened with Abbott baby formula that worsened a U.S. shortage?

Abbott Laboratories, the biggest U.S. supplier of powder infant formula including Similac, initiated a recall and closed its Sturgis, Michigan, manufacturing plant earlier this year after reports of serious bacterial infections in four infants.

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16 May

Tiger Global raised stakes in some tech names battered by year's rout -filing

Investment firm Tiger Global, which has lost billions of dollars in this year's technology stock meltdown, increased its stakes during the first quarter in several companies that have been especially hard hit by the selloff, a regulatory filing shows.

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16 May

New York congressional map deals blow to Democrats' midterm hopes

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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