By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee declined to its weakest closing level on record on Monday but avoided sharper losses as likely intervention by the Reserve Bank of India (RBI) blunted the pressure from weakness in regional peers and persistent dollar outflows. The rupee closed at 84.0725 against the U.S. dollar, a …
Rupee slips to record closing low on outflows, weak Asia FX Read More »
By Anton Bridge TOKYO (Reuters) – U.S. investment firm KKR has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on Monday. The extension comes after Bain Capital made a rival proposal to buy all the shares of Fuji …
KKR extends tender period for Fuji Soft to November Read More »
By Patrick Wingrove (Reuters) – Eli Lilly said on Monday it sued three medical spas and online vendors for selling products claiming to contain tirzepatide, the main ingredient in its popular weight-loss medicine Zepbound, including in the form of dissolvable tablets. The new lawsuits, which name Pivotal Peptides, MangoRx and Genesis Lifestyle Medicine of Nevada, …
Lilly sues online vendors, medical spa over copycat weight-loss drugs Read More »
By Ahmed Aboulenein WASHINGTON (Reuters) – The Biden administration is proposing a rule that would provide women with private insurance access to over-the-counter birth control pills and other contraceptives at no cost, the White House said on Monday. The rule, which expands a federal mandate requiring health insurers to cover preventative care services at no …
Biden administration proposes free over-the-counter birth control Read More »
By Fayaz Bukhari SRINAGAR (Reuters) -At least six migrant workers and a doctor were shot dead in India’s Kashmir region on Sunday night when militants opened fire near a tunnel construction site, officials said, days after a new government was formed in the territory. An opposition alliance took power in the region this month after …
Militants kill seven, including six migrant workers, in India’s Kashmir Read More »
By Libby George and Karin Strohecker LONDON (Reuters) -The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of painful debt reworks. But the International Monetary Fund and others worry that a dangerous liquidity shortfall could take its place in many emerging economies – …
As poor nations’ default wave peaks, cash shortage could take its place Read More »
By David Shepardson WASHINGTON (Reuters) -China-based DJI sued the U.S. Defense Department on Friday for adding the drone maker to a list of companies allegedly working with Beijing’s military, saying the designation is wrong and has caused the company significant financial harm. DJI, the world’s largest drone manufacturer that sells more than half of all …
Dronemaker DJI sues Pentagon over Chinese military listing Read More »
(Reuters) -Start your electric engines, Tesla is the first of the “Magnificent Seven” to report earnings, while finance chiefs descend on Washington and markets get a taste of how business activity is holding up in October just as the U.S. election looms. Here’s your look at what matters for markets this week from Kevin Buckland …
By Gabriella Borter KANSAS CITY, Missouri (Reuters) – Rachel Sweet joined dozens of rally goers in a Kansas City, Missouri union headquarters parking lot on a warm October Saturday, holding a sign that read “Yes on 3” and joining a call-and-response chant: “When women’s rights are under attack, what do we do? Stand up, fight …
(Reuters) -Russia and Ukraine carried out a new exchange of prisoners of war on Friday, each side bringing home 95 prisoners in an agreement in which the United Arab Emirates acted as mediator. Russia’s Defence Ministry, in a post on the Telegram messaging app, said the returning Russian service members were undergoing medical checks in …
Russia, Ukraine each bring home 95 prisoners of war in swap brokered by UAE Read More »
