Connect with us

Business

U.S. FDA Denies Australian Dairy Accelerated Approval to Sell Infant Formula

Avatar

Published

on

U.S. FDA denies Australian Dairy accelerated approval to sell infant formula By Reuters

Breaking News

‘;

World 12 minutes ago (Nov 16, 2022 09:45PM ET)

(Reuters) -Australian Dairy Nutritionals Group said on Thursday its application for accelerated approval to vend the dairy firm’s branded infant formula in the United States has not been accepted by the country’s Food and Drug Administration (FDA).

Antipodean dairy companies have been queuing up for necessary approvals since May after the United States faced a nationwide shortage of baby food.

The FDA’s temporary approval process was only available until Nov. 14, but the dairy firm can now apply for registration via a normal process to sell the infant milk formula products, it said.

“We are advanced in preparing our toddler milk – stage 3 – for launch in the United States next year,” it added.

New Zealand’s a2 Milk Co earlier this month received approval to export infant milk formula to the United States.

U.S. FDA denies Australian Dairy accelerated approval to sell infant formula

Democrat Bass wins race for Los Angeles mayor, defeating CarusoBy Reuters – Nov 16, 2022

By Dan Whitcomb LOS ANGELES (Reuters) – Karen Bass, a Democratic U.S. congresswoman, was projected on Wednesday to beat Rick Caruso in the race for Los Angeles mayor, becoming the…

Ukraine conflict intensifies in east; NATO, Poland say missile likely not from RussiaBy Reuters – Nov 16, 2022

By Dan Peleschuk, Anna Jaworska-Guidotti and Sabine Siebold KYIV/PRZEWODOW, Poland/BRUSSELS (Reuters) -Ukraine said it faced fierce fighting in the east from Russian troops that…

North Korea vows ‘fiercer’ military responses to U.S., alliesBy Reuters – Nov 16, 2022

By Hyonhee Shin SEOUL (Reuters) -North Korea warned on Thursday of “fiercer military responses” to U.S. efforts to boost its security presence in the region with its allies, state…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Read More

Business

Sri Lanka Central Bank Holds Rates Steady, Says Mkt Interest Rates Must Fall

Avatar

Published

on

By

Sri Lanka cenbank holds rates steady as expected amid slowing inflation By Reuters

Breaking News

‘;

Economy 8 minutes ago (Nov 23, 2022 09:31PM ET)

(C) Reuters. FILE PHOTO: People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte

COLOMBO (Reuters) – Sri Lanka’s central bank held rates on Thursday, adding it expects a moderation in market interest rates in line with the prevailing policy interest rates.

The Standing Lending Facility rate was held steady at 15.50% while the Standing Deposit Facility Rate was kept unchanged at 14.50%.

“The Board was of the view that the prevailing tight monetary policy stance is necessary to rein in any underlying demand pressures in the economy,” the central banks said in a statement.

Sri Lanka cenbank holds rates steady as expected amid slowing inflation

Dollar slips as risk sentiment improves after Fed minutesBy Reuters – Nov 23, 2022

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of interest rate hikes from the…

Brazil’s electoral court rejects Bolsonaro election challengeBy Reuters – Nov 23, 2022

BRASILIA (Reuters) -The head of Brazil’s electoral court Alexandre de Moraes on Wednesday rejected a complaint from President Jair Bolsonaro’s allies to challenge the presidential…

S.Korean central bank hikes rates by 25 bps, slows tightening paceBy Reuters – Nov 23, 2022

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank raised interest rates by a more modest 25 basis points on Thursday, slowing the pace of policy…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Read More

Original Post: investing.com

Continue Reading

Business

China’s Country Garden Gets New Credit Line of up to $7 Billion – Securities Times

Avatar

Published

on

By

China’s Country Garden gets new credit line of up to $7 billion – Securities Times By Reuters

Breaking News

‘;

Economy 2 minutes ago (Nov 23, 2022 09:55PM ET)

(C) Reuters. FILE PHOTO: The logo of property developer Country Garden is seen on a building in Dalian, Liaoning province, China May 7, 2017. REUTERS/Stringer

HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China for a credit line of up to 50 billion yuan ($7.0 billion), Securities Times reported on Thursday.

The credit line will be used for loans for land development, mergers and acquisitions, and mortgage financing, it said. On Wednesday, three other commercial banks agreed to provide fundraising support to property developers, including industry giant Vanke, in a coordinated effort to support the country’s embattled property sector.

($1 = 7.1429 Chinese yuan renminbi)

China’s Country Garden gets new credit line of up to $7 billion – Securities Times

Sri Lanka central bank holds rates steady, says mkt interest rates must fallBy Reuters – Nov 23, 2022

By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka’s central bank held interest rates steady on Thursday, as widely expected, but said it expected a moderation in…

Asian shares higher on signs of U.S. Fed slowdown, China stimulusBy Reuters – Nov 23, 2022

By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate hikes and news…

Dollar slips as risk sentiment improves after Fed minutesBy Reuters – Nov 23, 2022

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of interest rate hikes from the…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Read More

Original Article: investing.com

Continue Reading

Business

North Korea Slams South Korea’s Yoon, Warns Sanctions Will Fuel More Hostility

Avatar

Published

on

By

North Korea cautions sanctions and pressure will fuel more hostility By Reuters

Breaking News

‘;

World 4 hours ago (Nov 23, 2022 05:11PM ET)

(C) Reuters. FILE PHHOTO: A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTE

By Soo-hyang Choi

SEOUL (Reuters) – North Korea on Thursday denounced Seoul’s push to impose additional sanctions on Pyongyang following its repeated missile launches, saying such measures will add to the North’s “hostility and anger,” state media KCNA reported.

North Korean leader Kim Jong Un’s powerful sister, Kim Yo Jong, made the remarks in a statement carried by KCNA, calling South Korean President Yoon Suk-yeol “and other idiots” a “faithful dog” of the United States.

South Korea’s foreign ministry said on Tuesday it was reviewing independent sanctions on Pyongyang. It said sanctions on the cyber sector were among those considered in case the North pushes ahead with a nuclear test.

North Korea has conducted an unprecedented number of ballistic missile launches this year. For months Washington has said North Korea could conduct a nuclear bomb test, the first since 2017, at any time.

“If they think that they can escape from the present dangerous situation through ‘sanctions,’ they must be really idiots as they do not know how to live in peace and comfort,” Kim Yo Jong said in the statement.

The United States has urged the United Nations Security Council to hold North Korea accountable for its missile tests in one voice, accusing China and Russia of “emboldening” Pyongyang by blocking Security Council action.

China and Russia backed tighter sanctions following Pyongyang’s last nuclear test in 2017, but in May both vetoed a U.S.-led push for more U.N. penalties over its renewed missile launches.

“We warn the impudent and stupid once again that the desperate sanctions and pressure of the U.S. and its South Korean stooges against the DPRK will add fuel to the latter’s hostility and anger,” Kim Yo Jong said, using the initials of the North’s official name.

North Korea cautions sanctions and pressure will fuel more hostility

Walmart supervisor opens fire on Virginia co-workers, killing 6 and himselfBy Reuters – Nov 23, 2022

By Jay Paul and Nathan Layne CHESAPEAKE, Va. (Reuters) -A Walmart (NYSE:WMT) supervisor armed with a handgun and several magazines of ammunition opened fire on fellow employees in…

Ukrainians suffer in cold, darkness as president implores U.N. to punish RussiaBy Reuters – Nov 23, 2022

By Simon Lewis and Dan Peleschuk WASHINGTON/KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy urged the United Nations Security Council to act against Russia over air…

Malaysia’s former ruling bloc may back Anwar in PM raceBy Reuters – Nov 23, 2022

KUALA LUMPUR (Reuters) – Malaysia’s former ruling coalition indicated that it may support opposition leader Anwar Ibrahim as prime minister, reversing a decision to stay neutral…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Read More

Original Article: investing.com

Continue Reading

Trending

EZA.io