Exclusive: ValueAct eyes Nintendo with stake of over $1.1 billion – letter
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo , according to a letter seen by Reuters, a...
New York charges Mallinckrodt with insurance fraud over opioid claims
New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading...
In Versailles, king of online retail Amazon fights unions backlash
Amazon made its case on Tuesday in a French court of appeal to keep deliveries on track in the country, rejecting unions’ allegations that it...
Trump calls for U.S. oil industry bailout as prices plunge
U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry...
Wall Street falls as U.S. crude crash adds to pandemic woes
Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the...
Brent oil drops 25%, near two-decade lows on scant demand, storage
Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40...
We can make more ventilators if government ups order, says UK business consortium
A group of firms, including Airbus and Ford, could build more than the current government order of 20,000 ventilators and continue once normal operations begin...
Hailstorm devastates hundreds of hectares of Bordeaux vines in SW France
A violent hailstorm that hit the Bordeaux wine region last Friday has caused severe damage, with several hundred hectares of vines nearly destroyed, notably in...
U.S. home sales tumble as coronavirus keeps buyers indoors
U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought...
New York charges Mallinckrodt with insurance fraud related to opioids
New York state charged Mallinckrodt Plc on Tuesday with insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary...