Due to an increasing shortage of the special milk, major US pharmacies have banned sales of baby formula. In recent weeks, CVS and Walgreens have put limits on the number of cans customers can purchase at one time. In February,… Read More ›
Economy & Finance
Lack Of Disease Treatment Cause Of Death For At Least 3,000 In Ukraine: WHO
At least 3,000 people have died in Ukraine as a result of a lack of access to chronic disease medications, according to the World Health Organization’s European leader. According to Hans Kluge, a WHO official who spoke at a regional… Read More ›
EC should ensure sustainable imports of cocoa prices from Ivory Coast and Ghana
A letter by a group of European Union parliamentarians has asked the European Commission to open negotiations with Ivory Coast and Ghana to address low cocoa prices. The two African countries together produce more than 60% of the world’s cocoa…. Read More ›
US imposes sanctions on Islamic State financial facilitators
The United States has imposed sanctions on a network of five Islamic State financial facilitators working across Turkey, Syria and Indonesia, in support of members of the extremist jihadist group in Syria. In a statement the U.S. Treasury Department has… Read More ›
SoftBank Expected To Post Hefty Vision Fund Loss Due To Tech Sell-Off
SoftBank Group Corp of Japan is expected to disclose a devastating loss at its Vision Fund investment unit on Thursday, according to analysts, after investors sold off the fund’s high-growth firms on concerns about their profits potential. With the technology… Read More ›
Research Shows Four-Fifths Of EM Funds Are Still Invested In Russian Stocks
According to Copley Fund Research, fewer than a fifth of actively managed developing market equities funds have reduced their exposure to Russian companies to zero, with a handful of funds unwilling to sell completely. After Western nations implemented sweeping sanctions… Read More ›
Bulgaria will veto EU’s proposed ban on Russian crude, if not provided exemption: Deputy Prime Minister
In a statement, Bulgaria’s Deputy Prime Minister Assen Vassilev said, Sofia will not support the European Union’s new sanctions on Russia if it does get an exemption on Russian energy imports. While talks among EU governments are moving closer towards… Read More ›
EU ready to restart negotiations on Northern Ireland protocol
In a statement, the European Union’s envoy to Britain said, the bloc is ready to restart negotiations on the Northern Ireland protocol after a pause following a recent election; it however made it amply clear that will not overhaul clauses… Read More ›
Japan witnessing accelerated price rise
According to Japanese government data, core consumer prices in Japan have shot up by 1.9% in April compared from a year earlier. Core consumer prices are a leading indicator of Japanese price trends. The increase in core consumer prices, fuelled… Read More ›
Japan Claims Following Up On Russia’s Oil Embargo Will Be Challenging
Japan’s economy, commerce, and industry minister, Koichi Hagiuda, warned on Thursday that immediately following on a move to cut off Russian oil supplies over the Russian invasion of Ukraine would be “tough.” After the European Union’s executive recommended the strongest package of… Read More ›