Business News

By Mrinmay Dey and Siddharth Cavale

(Reuters) -Consumer goods giant Unilever (NYSE:) said it had approached Glaxosmithkline (LON:) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach about a potential acquisition of the business in a statement on Saturday.

“GSK Consumer Healthcare is a leader in

BERLIN (Reuters) -Germany’s STIKO vaccine committee recommended on Thursday that all children between the ages of 12 and 17 receive a COVID-19 booster shot even though the European Union’s drugs regulator has not given approval for this age group.

The move makes Germany one of the first countries in the world to make the recommendation, with the United States,

NEW YORK (Reuters) – Net capital flows to emerging markets rose last month from November and fell more than 75% year-on-year, with China the main recipient as investors fear other economies will continue to underperform due to COVID-19, a survey showed on Tuesday.

Non-resident flows to emerging markets reached $16.8 billion last month, compared with $13.7 billion in November and $70.2 billion in December

MILAN (Reuters) – Pope Francis called on Sunday for dialogue and justice to put an end to violent unrest in Kazakhstan, adding he was saddened by news about deaths occurred in the country.

“I have learned with sorrow that there have been victims during the protests that have broken out in recent days in Kazakhstan,” the pope told hundreds of people in St. Peter’s Square for his noon blessing and address.

“I

Terra, one of the fastest-growing DeFi ecosystems, is looking to capitalize on its 2021 Q4 successes by expanding its DeFi use cases. On January 6, revealed its game plan, UST Goes Interchain: Degen Strats Part Three.

In the new governance proposal, Terra is looking to provide $139.7 million in UST and LUNA to five leading DeFi projects to build “awesome UST use-cases.” The fund will be distributed between three to six months.

Decentralized Stablecoin Goes Interchain

According to the proposal, the fund would be used to

By Joseph White and Gilles Guillaume

(Reuters) -Amazon.com Inc and Stellantis NV said Wednesday they will collaborate to develop cars and trucks with Amazon (NASDAQ:) software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network.

The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry https://www.reuters.com/article/us-amazon-com-transportation-insight/getting-under-the-hood-of-amazons-auto-ambitions-idUSKCN1UQ154, and could help Stellantis close the gap with Tesla (NASDAQ:) Inc in developing vehicles with sophisticated, software-powered infotainment features that are