(Reuters) -Apollo Global Management Inc, a manager of alternative assets such as corporate credit and private equity, said on Tuesday it has committed more than $100 million over the next decade to a new foundation run by the firm's employees that will provide grants to organizations focused on economic opportunity.

GlaxoSmithKline said on Tuesday its consumer healthcare venture with Pfizer will be named Haleon, as the British drugmaker confirmed the business will be spun off in mid-2022 as planned after having rejected overtures from Unilever.

The European Union is close to agreeing sanctions on Russia that would put politicians and officials on blacklists, ban trading in Russian state bonds, and target imports and exports with separatist entities, senior EU officials said on Tuesday.

Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger bank at up to $565 million, one of the biggest transactions in Italy's blooming digital bank industry, sources told Reuters.

The U.S. Supreme Court on Tuesday brought a formal end to former President Donald Trump's request to block the release of White House records sought by the Democratic-led congressional panel investigating last year's deadly attack on the Capitol by a mob of his supporters.

(Reuters) -AstraZeneca non-executive Chairman Leif Johansson will retire next year after serving 11 years in the role, the Anglo-Swedish drugmaker said on Tuesday, as it moves onto the next stage of growth led by newer therapies, including for cancer.