Reuters News - Page 58

August 18, 2023

Prominent US firms face allegations of workforce discrimination over diversity efforts

Two U.S. corporations are dealing with legal challenges by former Trump administration officials, which allege their attempts to enhance diversity amount to unlawful discrimination.

August 18, 2023

ECB to raise objections to Italy's windfall tax on banks

The European Central Bank is reportedly preparing to address concerns with Italy regarding the government's unexpected windfall tax on bank profits.

August 18, 2023

Australia's wine industry grapples with oversupply issues amidst Chinese tariffs and pandemic disruptions

Australia's wine industry is dealing with an oversupply issue that experts predict will take years to rectify. This challenge is attributed to Chinese tariffs and heightened production.

August 18, 2023

Ice cream prices double in 1 month as Argentina battles massive inflation

An Argentine store owner was surprised by an updated price list from the supplier, revealing prices of snacks, condiments, sodas, and ice creams, surging up to 60% since late July.

August 17, 2023

Pfizer's upgraded COVID-19 vaccine shows effectiveness against emerging 'Eris' subvariant

Pfizer Inc. announced that its updated COVID-19 vaccine has demonstrated neutralizing activity against the "Eris" subvariant in a study conducted using mice.

August 17, 2023

Boehringer Ingelheim advances obesity drug candidate with up to 19% weight loss in mid-stage trial

German pharmaceutical company Boehringer Ingelheim revealed its intention to launch three advanced-stage investigations into its promising obesity drug candidate.

August 17, 2023

Red Cross to cease funding 25 Afghan hospitals amid aid concerns and financial constraints

The International Committee of the Red Cross is concluding its financial support for 25 hospitals in Afghanistan by the end of August due to funding limitations.

August 17, 2023

Panama Canal extends transit restrictions, raising concerns over consumer goods prices

The Panama Canal Authority announced an extension of its restrictions on vessel transit through the waterway until September 2nd, maintaining a daily maximum of 32 authorized vessels.

August 17, 2023

Suspended Nigerian central bank governor faces indictment as graft charges escalate

Nigeria's suspended central bank governor, Godwin Emefiele, is scheduled to make an appearance in an Abuja high court, where he is expected to respond to a 20-count indictment.

August 17, 2023

US set to escalate trade grievance with Mexico over genetically modified corn ban

The United States is reportedly poised to escalate its grievance with Mexico's prohibition on GM corn, asserting that the ban infringes upon the nations' free-trade agreement.