Legislation Regulations

More

  • What's happened to free trade?

    Roberto Azevedo, director-general of the World Trade Organization, says he is concerned about the increasing number of restrictions on trade.

  • The Justice Department lawsuit focused on a county-by-county analysis of where Aetna and Humana have what is deemed too much market share in providing Medicare Advantage for elderly people and in the individual health plans created under President Barack Obama's healthcare reform law. Aetna will argue in court that the Justice Department defined the...

  • NEW YORK, July 21- U.S. antitrust officials on Thursday moved to block an unprecedented consolidation of the national health insurance market, filing suit against Anthem Inc's proposed purchase of Cigna Corp and Aetna Inc's planned acquisition of Humana Inc.. The deals would hurt consumers in the different markets served by the four companies, from medical...

  • LONDON, July 21- SABMiller's board will review its $107 billion merger deal with Anheuser Busch InBev once all regulatory approvals have been secured, its chairman said on Thursday. However, the drop in sterling since the UK voted to leave the European Union has reduced the relative appeal of the all-cash offer aimed at most of SAB's shareholders.

  • LONDON, July 21- SABMiller's board will review its $107 billion merger deal with Anheuser Busch InBev once all regulatory approvals have been secured, its chairman said on Thursday. However, the drop in sterling since the UK voted to leave the European Union has reduced the relative appeal of the all-cash offer aimed at most of SAB's shareholders.

  • NEW YORK, July 21- The U.S. Justice Department on Thursday sued to challenge two separate health insurance mergers, Anthem Inc's purchase of Cigna Corp and Aetna Inc's acquisition of Humana Inc.. In the suit against Anthem-Cigna, the antitrust regulators said the $45 billion combination would substantially lessen competition in an already consolidated...

  • NEW YORK, July 21- U.S. antitrust regulators will announce on Thursday plans to file lawsuits to block two separate health insurance mergers, Anthem Inc's purchase of Cigna Corp and Aetna Inc's acquisition of Humana Inc, according to a source familiar with the matter. The U.S. Department of Justice has been reviewing the deals for the past year and has been...

  • July 21- Blood-testing company Theranos Inc said on Thursday it hired two executives to oversee regulatory, quality and compliance standards, as the company tries to recover from a series of regulatory sanctions and investigations. Theranos, once valued at $9 billion, was founded by Elizabeth Holmes in 2003 to develop a blood testing device that would deliver...

  • NEW YORK— Theranos Inc. named a new vice president in charge of regulatory issues and a new chief compliance officer weeks after federal regulators banned the company's founder and CEO from owning or running a medical laboratory for two years. The action followed stories by The Wall Street Journal in which former employees said the company's tests were...

  • MILAN, July 21- The European Central Bank will examine on Thursday a plan by Monte dei Paschi to sell bad loans, three sources close to the matter said, as Italy's third-largest bank works to comply with a regulatory demand to strengthen its balance sheet. The stock has already lost 74 percent this year against a 50 percent drop for the sector in Italy.

  • *SABMiller awaiting China preconditions before scrutinising terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • *SABMiller awaiting China preconditions before scrutinizing terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • MILAN, July 21- The European Central Bank will examine on Thursday a plan by Monte dei Paschi to sell bad loans, three sources close to the matter said, as Italy's third-largest bank works to comply with a regulatory request to strengthen its balance sheet. The stock has already lost 74 percent this year against a 50 percent drop for the sector in Italy.

  • July 21- Theranos Inc hired two executives to oversee regulatory, quality and compliance standards, in a bid to turn around the struggling blood-testing company after it received sanctions from U.S. regulators. He will work on getting FDA clearances and approvals, marketing new products, and look into medical-device quality systems. The company, once valued at...

  • NEW YORK, July 21- Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion. The deal has already been cleared by Australia, Europe and South Africa, and AB InBev said it still expects closure this year.

  • NEW YORK— Anheuser-Busch InBev, the world's largest beer maker, announced Wednesday that it has reached an agreement with the Justice Department that clears the way for U.S. approval of its acquisition of SABMiller. AB InBev, the maker of Budweiser and Bud Light, will sell SABMiller's entire U.S. business to Molson Coors as previously announced as part of the...

  • SYDNEY, July 21- Australia's antitrust watchdog on Thursday gave the green light to a A $9.1 billion buyout of rail freight giant Asciano Ltd by a global consortium led by Canada's Brookfield Asset Management Inc.. The Australian Competition and Consumer Commission had been concerned the deal would give Asciano's new owners, which include Australian...

  • NEW YORK, July 20- Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators on Wednesday after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The Belgian brewer will make concessions beyond its publicly stated offer to sell it stake in...

  • WASHINGTON, July 20- Four U.S. carriers have won tentative approval to launch daytime U.S. flights to Tokyo's Haneda airport as early as this fall, the U.S. Transportation Department said on Wednesday. Approvals were given to Delta for flights from Los Angeles and Minneapolis, Hawaiian from Honolulu, American from Los Angeles, and United from San Francisco.

  • NEW YORK, July 20- U.S. antitrust regulators approved on Wednesday a $107 billion deal to combine the world's top two brewers, Anheuser-Busch InBev and SABMiller, after securing an agreement from the companies to unload U.S. beer assets and preserve competition from independent craft brewers. "The remedy we secured will help preserve and promote competition in...