Former New York Mayor Michael Bloomberg says he will pay $4.5m (£3.2m) to cover the lapsed US financial commitment to the Paris climate accord. He said he had a responsibility to help improve the environment because of President Donald Trump's decision to pull out of the deal. The withdrawal
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Fresenius SE walked away from its pending $4.3 billion acquisition of Akorn Inc. after a probe found problems with product development and other data, the end of one attempt to buy a stronger position in the U.S. generic-drug market. The German company said its outside experts found “material
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“Management guided for a $13m one-time, cash-tax impact from the change, but otherwise, operating cashflows remain similar,” he said. He also noted that the net impact is “that instead of substantial handset subsidies under prior accounting, the handset business is now shown as near break-even.”.
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“Things are good, but they're getting risky.” That's how David Lipton, first deputy managing director at the IMF, characterized the global economic state of play in a Bloomberg Television interview. David Lipton. Photographer: Angel Navarrete/Bloomberg. His observation captured the mood at the
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Deposit Money Banks are expected to report significantly lower profits in their first quarter financial results, which are due this week, as a new reporting standard introduced by the Central Bank of Nigeria becomes effective, OYETUNJI ABIOYE writes. A new accounting rule mandating banks to make
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