By Patrick Wingrove (Reuters) -Eli Lilly said on Friday it has invested another $5.3 billion in its new Lebanon, Indiana manufacturing plant, more than doubling its previous investment, as it scrambles to meet soaring demand for its weight-loss and diabetes drugs. The new investment, which brings the total to $9 billion, will help boost production…
(Reuters) – Russian President Vladimir Putin said on Friday that Ukrainian President Volodymyr Zelenskiy had no legitimacy following the expiry of his five-year term and this would raise a legal obstacle if Russia and Ukraine were to resume peace talks. With Ukraine still under martial law in the third year of Russia’s full-scale invasion, Zelenskiy…
(Reuters) – Walmart has ended its agreement with Capital One Financial, which was the exclusive issuer of Walmart consumer credit cards, the companies said on Friday. The world’s largest retailer had previously accused Capital One of being too slow to post many transactions to cardholders’ accounts, and failing to promptly replace many lost cards. The…
(Reuters) -Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks to allow offsite work for roles such as trading. Regulators had eased some of the stringent requirements to allow traders the flexibility…
