Town Hall News

By Nivedita Bhattacharjee BENGALURU (Reuters) -Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade – an effort boosted by the personal support of Prime Minister Narendra Modi. In the year after the country opened the way for private launches in 2020, the number of space startups more than doubled, from 21 to 47. […]

By Michael Erman and Bhanvi Satija NEW YORK (Reuters) -Pfizer Inc Chief Executive Albert Bourla called U.S. plans to negotiate drug prices for its Medicare health program “negotiation with a gun to your head” and said he expects drugmakers to sue in an attempt to halt the process. “It is not negotiation at all. It is price setting,” Bourla said at a Reuters newsmaker event on Thursday, referring to the […]

(Reuters) -Canada’s second-biggest life insurer Sun Life Financial Inc on Thursday beat analysts’ estimates for first-quarter profit, powered by strong insurance sales at home and in the United States. Chief Executive Officer Kevin Strain said the insurer generated “strong growth in both health and protection sales,” as consumers prioritized health and financial security. Sun Life has focused on expanding overseas as it faces limited growth at home, acquiring Denta Quest […]

By Jarrett Renshaw and Jeff Mason WASHINGTON (Reuters) -A debt limit meeting between U.S. President Joe Biden and top lawmakers that had been scheduled for Friday has been postponed, and the leaders agreed to meet early next week, a White House spokesperson said on Thursday. Aides from both sides have started to discuss ways to limit federal spending, as talks on raising the government’s $31.4 trillion debt ceiling to avoid […]

(Reuters) -Pratt & Whitney opposed India’s Go Airlines’ push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed. The airline, widely known as Go First, approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time. The low-cost carrier, which filed for bankruptcy earlier this […]

By Alvise Armellini and Elvira Pollina ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple Inc for alleged abuse of its dominant position in the apps market. The watchdog said Apple penalised third-party app developers by imposing “a more restrictive privacy policy” than it applies to itself, from April 2021. Furthermore, external app developers are disadvantaged “in terms of the […]

By Nate Raymond and Andrew Chung (Reuters) – The U.S. Supreme Court on Thursday preserved a California law banning the sale of pork in America’s most-populous state from pigs kept in tightly confined spaces, rejecting an industry challenge claiming that the voter-backed animal welfare measure impermissibly regulates out-of-state farmers. The justices voted 5-4 to uphold a lower court’s dismissal of a lawsuit by the National Pork Producers Council and the […]

(Reuters) – Pratt & Whitney opposed India’s Go Airlines’ push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a court filing showed. (Reporting by Jahnavi Nidumolu in Bengaluru) Brought to you by www.srnnews.com

(Reuters) – Pratt & Whitney opposed India’s Go Airlines’ push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a court filing showed. (Reporting by Jahnavi Nidumolu in Bengaluru) Brought to you by www.srnnews.com