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S.Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’

By Joyce Lee, Soo-hyang Choi and Heekyong Yang SEOUL (Reuters) -South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics (OTC:SSNLF) Vice Chairman Jay Y. Lee on Friday, with South Korea’s Justice.

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Russia’s Rusal Flags Going Concern Risk as Sanctions Bite

By Ambar Warrick  Investing.com– Russian aluminum producer Rusal (MCX:RUAL) (HK:0486) reported a weaker half-year profit on Friday, and flagged uncertainty over its ability to continue operating amid a slew of Russian.

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J&J to end global sales of talc-based baby powder

(Reuters) – Johnson & Johnson (NYSE:JNJ) will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of.

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SoftBank shares rise 5% on news of trimming Alibaba stake

TOKYO (Reuters) -Shares in SoftBank Group Corp rose 5% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 billion gain by trimming.

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Twitter plan to fight midterm misinformation falls short, voting rights experts say

By Sheila Dang (Reuters) -Twitter Inc on Thursday set out a plan to combat the spread of election misinformation that revives previous strategies, but civil and voting rights experts said.

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Roche gets U.S. approval for flu drug for children aged 5 and over

ZURICH (Reuters) – Roche has received approval from the U.S. Food and Drugs Administration for its Xofluza drug to treat influenza in children aged five years and older, the drugmaker.

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Credit Suisse moves English court in $440 million SoftBank dispute

(Reuters) – Swiss lender Credit Suisse Group AG sought the English High Court last week to initiate formal legal proceedings against Japan’s SoftBank Group Corp over a $440 million dispute,.

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China property think tank apologises for high vacancy rate report

BEIJING (Reuters) – A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a heated public discussion with its report on rising housing vacancy rates in.

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Zurich reports consensus-beating 25% jump in H1 operating profit

BERLIN (Reuters) – Zurich reported a better-than-expected 25% rise in operating profit to $3.39 billion in the first half on Thursday, with both its property and casualty and its life.

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Daimler Truck sees higher earnings amid strong demand

BERLIN (Reuters) -Daimler Truck reported a 15% rise in earnings before interest and taxes to 1.01 billion euros ($1.04 billion) in the second quarter, far exceeding analysts’ expectations as high.

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