Business

FILE PHOTO: CEO of Arcadia Group Ian Grabiner arrives at County Hall in central London, Britain June 5, 2019. REUTERS/Henry Nicholls/File Photo (Reuters) – Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado (VNO.N) challenging two of its seven planned Company Voluntary Agreements (CVAs).
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(Reuters) – Gilead Sciences Inc (GILD.O) will invest $5.1 billion to raise its stake in Galapagos NV (GLPG.AS) and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday. FILE PHOTO: The logo of Gilead Sciences Inc is pictured during a news conference in
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WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements. FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27,
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Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/Illustration (Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc (FB.O) this week over its investigation into the social media company’s handling of user data, the Wall Street Journal reported
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TOKYO (Reuters) – Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23,
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