By Stephen Farrell JERUSALEM (Reuters) – Military jets and helicopters flew in formation over Israel on Thursday as the country marked its independence day freer of coronavirus restrictions than a year ago. The...
PepsiCo bets on vaccine-led reopenings for soda sales boost
By Nivedita Balu (Reuters) -PepsiCo Inc on Thursday predicted an acceleration in organic revenue growth in the second quarter, betting on a boost to soda sales from the gradual reopening of restaurants and theaters...
Apple creates fund for ‘working forests’ as part of carbon-removal efforts
By Stephen Nellis (Reuters) – Apple Inc has created a $200 million fund to invest in timber-producing forest properties that will be managed to help remove carbon from the atmosphere while also generating a...
Orcel dodges revolt over pay as he takes helm at UniCredit
By Valentina Za MILAN (Reuters) -Andrea Orcel fulfilled his dream of becoming a bank boss on Thursday when UniCredit investors backed the veteran dealmaker as chief executive, but disquiet over his pay, among the...
U.S. retail sales surge; weekly jobless claims fall
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rebounded sharply in March as Americans received additional pandemic relief checks from the government and increased vaccinations allowed broader economic...
EMA starts review of GSK’s monoclonal antibody to treat COVID-19 patients
(Reuters) – The European Medicines Agency said on Thursday it is reviewing available data on the use of GlaxoSmithKline’s monoclonal antibody to treat COVID-19 patients. The agency said its review of VIR...
U.S.’s Blinken flies to Afghanistan in show of support after Biden’s pull-out announcement
By Jonathan Landay WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken flew to Kabul on Thursday to show support for the Afghan government a day after U.S. President Joe Biden announced that he was pulling out...