Reuters - Squid Business

Indian policy body calls for power plants to pause installing sulphur reducing gear

By Sarita Chaganti Singh NEW DELHI (Reuters) – India’s top policy think tank has proposed halting the fitting of equipment to cut sulphur emissions at coal-fired power plants, according to a document seen by Reuters, reigniting debate over the country’s commitment to cleaning its dirty air. Air pollution levels in India are among the highest …

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Uzbekistan announces $1.3 billion in waste-to-energy projects

TASHKENT (Reuters) – Uzbekistan plans to implement projects worth about $1.3 billion focused on the construction of waste-to-energy plants, President Shavkat Mirziyoyev’s office said on Monday. Tashkent plans to work on those with China’s CAMC Engineering and Shanghai SUS Environment as well as Tadweer Group of the United Arab Emirates and South Korea’s Sejin. Combined, …

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UBS sells its 50% stake in Swisscard to American Express

ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express, Swisscard said in a statement. Terms of the deal …

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Hospitals under fire as Israeli forces deepen operations in northern Gaza

By Nidal al-Mughrabi CAIRO (Reuters) – Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up their operations against Palestinian militants, residents and medics said. Troops rounded up men and ordered women to leave the Jabalia historic refugee camp, they said. An Israeli airstrike on …

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US Supreme Court won’t hear Michael Cohen bid to revive suit against Donald Trump

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a bid by Michael Cohen to revive a lawsuit accusing Donald Trump and various former federal officials of returning him to prison in 2020 in retaliation for penning a book critical of Trump, who was president at the time. Cohen, …

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Sanofi in exclusive talks with CD&R over sale of $17 billion Opella

By Dominique Patton PARIS (Reuters) -French drugmaker Sanofi said on Monday it had entered exclusive talks to sell a 50% controlling stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R). French public investment bank Bpifrance is expected to become a minority shareholder, taking a stake of around …

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Gulf bourses end mixed on regional tensions, Q3 earnings

By Ateeq Shariff (Reuters) – Stock markets in the Gulf were mixed on Monday amid rising geopolitical tensions in the region, while investors await more companies to report quarterly results. Hundreds of Beirut residents fled their homes late on Sunday, as Israel prepared to attack sites linked to the financial operations of Lebanon’s Hezbollah group. …

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Catalent CEO to remain in charge of contract drugmaker after Novo Holdings’ buyout

(Reuters) – Catalent CEO Alessandro Maselli said on Monday he will remain at the helm of the U.S.-based contract drugmaker after it is acquired by Novo Holdings, the controlling shareholder of weight-loss drug manufacturer Novo Nordisk. Maselli’s open letter comes on the back of criticism over Novo Holding’s $16.5-billion acquisition of Catalent, which U.S. consumer …

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Harris, Trump in dead heat across swing states in Washington Post poll

WASHINGTON (Reuters) – Vice President Kamala Harris and former President Donald Trump remain in a tight contest across seven battleground states with just over two weeks until the Nov. 5 U.S. presidential election, a Washington Post/Schar School opinion poll showed on Monday. Democratic former prosecutor Harris led among likely voters in Georgia 51% to 47%, …

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Novo Nordisk’s oral diabetes drug cuts heart-related risks by 14% in study

(Reuters) – Novo Nordisk said on Monday an oral version of its drug semaglutide, helped significantly reduce the risk of cardiovascular events in patients in a late-stage study. The drug, Rybelsus, helped reduce the risk of these events, including cardiovascular death, non-fatal heart attack and stroke, by 14% compared to placebo, meeting the main goal …

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