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1 week ago | 
businesslive.co.za | Abinaya Vijayaraghavan |Chandni Shah
The US department of justice has proposed that Google sell its AdX digital advertising marketplace and DFP platform for managing and delivering ads on websites, after a federal judge found the company illegally dominated two online ad-tech markets. The proposed remedies, including divestitures, are necessary to end the Alphabet-owned tech giant’s monopolies and restore competition in the ad-exchange and publisher ad-server markets, the department of justice said in a court filing late on Monday.
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1 week ago | 
today.westlaw.com | Abinaya Vijayaraghavan |Miyoung Kim |Nivedita Bhattacharjee |Mrigank Dhaniwala
(Reuters) -The U.S. Department of Justice has proposed that Google sell its AdX digital ad marketplace and DFP platform for managing and delivering ads on websites, after a federal judge found the company illegally dominated two online ad-tech...
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1 month ago | 
today.westlaw.com | Abinaya Vijayaraghavan |Mike Scarcella |Rachel More
(Reuters) -Swiss generic drug manufacturer Sandoz said on Monday it had filed an antitrust lawsuit in the United States against Amgen over the alleged entrenchment of the market position of its blockbuster medicine, Enbrel (etanercept).
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2 months ago | 
today.westlaw.com | Abinaya Vijayaraghavan |Jan Harvey |Sherry Jacob-Phillips |Tristan Veyet
(Reuters) -Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil company advances an aggressive growth strategy.
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2 months ago | 
gurutrade.com | Federico Maccioni |Abinaya Vijayaraghavan |Tomasz Janowski
ABU DHABI, Feb 27 (Reuters) - Abu Dhabi's financial centre ADGM said on Thursday the number of companies that have set up base there grew 32% last year, as more firms moved to the United Arab Emirates' capital to grow their business in the region and deepen ties with its wealth funds.
Assets under management jumped over three-fold in 2024, ADGM said in a statement, adding that a total of 134 asset and fund managers managing 166 funds operated there as of the end of last year.
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Dec 10, 2024 | 
gurutrade.com | Amy Lv |Mei Mei Chu |Kim Coghill |Abinaya Vijayaraghavan
Nov iron ore imports down 1.91% m/m, down 0.86% y/y
Jan-Nov iron ore imports up 4.3% y/y
Jan-Nov steel exports up 22.6% y/y
Jan-Nov steel imports down 11.3% y/y
BEIJING, Dec 10 (Reuters) - China's iron ore imports in November fell 1.91% from October, customs data showed on Tuesday, as shipments slowed ahead of the slow season for steel demand when colder weather disrupts construction work in the country's north.
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Nov 29, 2024 | 
gurutrade.com | Shivangi Acharya |Nikunj Ohri |Abinaya Vijayaraghavan
NEW DELHI, Nov 29 (Reuters) - India's infrastructure output grew 3.1% year-on-year in October, backed by coal and refinery products output, government data showed on Friday.
Infrastructure output, which makes up 40% of India's industrial production and tracks activity across eight sectors, grew at a revised 2.4% in September.
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Nov 22, 2024 | 
gurutrade.com | Siddhi Nayak |Abinaya Vijayaraghavan
MUMBAI, Nov 22 (Reuters) - India's foreign exchange reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the dollar strengthened following the U.S. election verdict, and the central bank sold from its reserves to limit the rupee's decline.
The reserves fell by $17.8 billion in the week of Nov. 15 - the most since available data starting 1998 - to $657.89 billion, data from the Reserve Bank of India (RBI) showed on Friday.
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Nov 21, 2024 | 
insideretail.asia | Angela Christy |Abinaya Vijayaraghavan |Celene Ignacio |Shanthi Murugan
Starbucks is exploring options for its Chinese operations, including the possibility of selling a stake in the business to a local partner, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The coffee chain has also gauged interest from prospective investors, including domestic private equity firms, the report said.
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Nov 19, 2024 | 
today.westlaw.com | Rajasik Mukherjee |Melanie Burton |Abinaya Vijayaraghavan |Sonali Paul
MELBOURNE (Reuters) -Australia's Sayona Mining will buy U.S.-based Piedmont Lithium in an all-stock deal that will consolidate its Canadian operations and strengthen its exposure to the North American electric vehicle sector, the companies said on...
