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Luminar Tech CEO Russell to acquire majority stake in Forbes
May 12 (Reuters) – Luminar Technologies (LAZR.O) CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integrated Whale Media Investments (IWM) said in a statement on Friday. The automotive tech billionaire has agreed to acquire 82% …
LinkedIn cuts over 700 jobs, exits China app as demand wavers
May 8 (Reuters) – LinkedIn, the social media network owned by Microsoft Corp (MSFT.O) that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application. LinkedIn, which has 20,000 employees, has grown revenue each quarter during the last year, but it joins …
Pernod Ricard India CEO Cuny steps down due to health reasons
NEW DELHI, Oct 14 (Reuters) – Pernod Ricard’s (PERP.PA) India head, Thibault Cuny, has stepped down from his role due to health reasons, the French spirits giant said on Friday, marking a high-profile exit at a time the company is fighting regulatory and legal battles in the country. Cuny, who has been dealing with health …
Putin turns 70 with a prayer for his health
Kremlin leader faces deepening crisis in his war in Ukraine Allies pay tribute but criticism of military is mounting Patriarch prays for Putin’s health LONDON, Oct 7 (Reuters) – President Vladimir Putin turned 70 on Friday amid fawning congratulations from subordinates and a plea from Orthodox Patriarch Kirill for all to pray for the health …
India’s Torrent Pharma to acquire Sequoia-backed Curatio Health for $245 million
Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 27 (Reuters) – Torrent Pharmaceuticals Ltd (TORP.NS) said on Tuesday it will buy dermatology company Curatio Health Care (I) Pvt Ltd for 20 billion Indian rupees ($245.22 million). Sequoia-backed Curatio has a portfolio of over 50 brands that are marketed in India. Torrent Pharma …
COVID and bust: China’s private health system hurt by tough coronavirus controls
SHANGHAI, July 6 (Reuters) – On March 24, a court in the central Chinese city of Fuyang announced that a $1.5 billion hospital built just four years earlier had filed for bankruptcy because it was unable to pay its debts. For most of the last two years, the Fuyang Minsheng Hospital had been fully involved …
Factbox: Health emergencies: WHO’s highest form of alert
LONDON, June 23 (Reuters) – World Health Organization (WHO) experts meet on Thursday to evaluate whether monkeypox constitutes an international emergency, its highest form of alert. read more Only six such emergencies have previously been declared: COVID-19 (2020), the Ebola outbreak in Democratic Republic of Congo (2019), Zika virus (2016), polio (2014), West Africa’s Ebola …
First steps in reforming global health emergency rules adopted at WHO meeting
A logo is pictured on the World Health Organization (WHO) headquarters in Geneva, Switzerland, November 22, 2017. REUTERS/Denis Balibouse/File Photo Register now for FREE unlimited access to Reuters.com Register GENEVA, May 28 (Reuters) – Countries around the world on Saturday adopted an initial U.S.-led reform of the rules around disease outbreaks, known as the International …