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Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

Mallinckrodt Plc is finalizing a settlement proposal of at least $1.6 billion that would place its U.S. generic drug business into bankruptcy to address the debt maturities and liabilities arising out of the opioid crisis, the Wall Street Journal reported on Monday.



5 years ago

China's Didi to launch Japan food delivery service from April

China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.



5 years ago

Hughes fears Indian closure, bank disruptions over unpaid fees

U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters showed.



5 years ago

Newly-banned Thai opposition party says junta helped 1MDB cover-up

A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha.



5 years ago

TurboTax maker Intuit nears agreement to buy Credit Karma for $7 billion: WSJ

Intuit Inc is nearing an agreement to buy financial technology portal Credit Karma Inc for about $7 billion, the Wall Street Journal reported.



5 years ago

Shifting sands of inflation unsettle top bankers at Riyadh G20 meeting

Central bankers from the United States, Japan and the euro zone meeting in the desert kingdom of Saudi Arabia this weekend had their own shifting sands to cross – those of elusive inflation.



5 years ago

No global digital tax by end-2020 would mean digital tax chaos: France

Failure to reach a global deal on where and how much to tax digital giants like Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday.



5 years ago

G20 finance heads see modest growth pickup, to monitor coronavirus

Finance leaders of the world's top 20 economies expect economic growth to pick up modestly this year and next thanks to loose monetary policy and an easing of trade tensions, and vowed to monitor the effects of the coronavirus outbreak.



5 years ago

Exclusive: If Lebanon needs financial aid, France will be there, finance minister says

France is ready to support Lebanon financially - bilaterally or multilaterally - its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region.



5 years ago

Amazon in Holocaust row about 'Hunters' series, anti-Semitic books

The Auschwitz Memorial criticized Amazon on Sunday for fictitious depictions of the Holocaust in its Prime series "Hunters" and for selling books of Nazi propaganda.



5 years ago

As Teck oil sands mine hopes for okay from Canada's Trudeau, 20 other projects on hold

As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources' Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices.



5 years ago

Banned Thai opposition party says junta helped 1MDB cover-up

A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha.



5 years ago

Women's retirement prospects are improving, but not enough

Women's retirement readiness globally has improved only incrementally in the past five years, according to new research. And while the overall score is still low, there are steps that women can take now to make sure they're better financially prepared later.

5 years ago

Visa Grants Coinbase Power To Issue Bitcoin Debit Cards

Forbes | Michael del Castillo | Feb 19, 2020 Credit card giant Visa has granted its principal membership to a cryptocurrency company for the first time. Officially awarded to cryptocurrency exchange Coinbase in December, but not revealed to the public until today, the membership cuts out a crucial, and expensive middleman from the process of

5 years ago

Japan criticizes U.S. digital tax proposal at G20

Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies.



5 years ago