BUSINESS

More news
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019.

EU Lawmakers Back Reining In Subsidised Foreign Companies

EU lawmakers backed on Monday new rules to curb acquisitions or bids for public contracts by subsidised foreign companies, part of a general push to ensure an economic playing field that is level and not distorted by Chinese and other firms.
Woman holds smartphone with Meta logo in front of a displayed Facebook's new rebrand logo Meta in this illustration picture taken October 28, 2021.

Meta Fights To Overturn UK Order To Sell Giphy

Facebook owner Meta started its appeal on Monday against Britain's ruling that it must sell Giphy, arguing the fact that rival Snap offered far less to buy the animated-images provider undermined the rationale used to block the deal.
People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.

Walgreens, Teva Accused Of Fueling Opioid Addiction In Quest For New Markets

Walgreens Boots Alliance and Teva Pharmaceutical Industries Ltd ignored the health risks when they created new markets for opioids, a lawyer for the city of San Francisco told a judge on Monday during opening statements of the first trial to target manufacturers, distributors and pharmacies over the addictive pain medicines.
People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.

Walgreens, Teva Face San Francisco Trial Over Opioid Epidemic

San Francisco will square off on Monday against Walgreens Boots Alliance and three other companies accused of fueling an opioid crisis in the city, the first trial to target manufacturers, distributors and pharmacies over the addictive pain medicines.
A container terminal is seen in the port of Rotterdam, the Netherlands, March 21, 2016.

Port Of Rotterdam Feels Impact Of Sanctions On Russia

Europe's biggest port Rotterdam said that goods throughput fell by 1.5% in the first quarter as trade was hit by the impact of sanctions on Russia, and it expects the conflict in Ukraine to hit volumes for the full year.
The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.

ADM, Bunge Expected To Post Strong Results As Ukraine War Ignites Demand

A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co and Bunge Ltd likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia's invasion of Ukraine, analysts said ahead of earnings releases this week.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.