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(Reuters) - The Biden administration is seeking to reduce the use of U.S.-made guns in foreign crimes and human rights violations by tightening oversight and rules governing commercial exports of semiautomatic weapons, Bloomberg reported on Wednesday.This follows a review by the U.S. Commerce Department of its support for American gunmakers after a Bloomberg investigation linked increasing civilian gun exports to higher rates of global gun crime, according to the report, which cited draft rules obtained by Bloomberg. Commerce Department officials described the proposed changes to advocacy groups and others last week, telling them that the U.S. State Department would have more influence over vetting exports to countries with poor human-rights records, the Bloomberg report said, citing people who were briefed. Under the draft rules, officials would create distinct trade categories for semiautomatic firearms - including pistols, rifles and shotguns, making it easier for federal regulators to scrutinize exports of those weapons, Bloomberg said. In October last year, the Commerce Department stopped issuing export licenses for most civilian firearms and ammunition for 90 days to assess the "risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities." (Reporting by Devika Nair in Bengaluru; editing by Mark Heinrich)
Persons: Biden, Devika Nair, Mark Heinrich Organizations: Reuters, Bloomberg, U.S . Commerce Department, Bloomberg . Commerce Department, U.S . State Department, Commerce Department Locations: U.S, Bengaluru
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 22 (Reuters) - China has placed debt-laden Country Garden Holdings Co (2007.HK) on a draft list of 50 developers eligible for a range of financing support, Bloomberg reported on Wednesday, citing people familiar with the matter. Country Garden declined to comment. Once China's biggest private property developer, Country Garden missed a coupon payment in October, triggering default terms. It is unclear what specific measures will be taken to support the developers on the draft list.
Persons: Aly, CIFI, Bloomberg, Ting Meng, Nomura, Devika Nair, Xie Yu, Kim Coghill, Clarence Fernandez Organizations: Shanghai Country Garden, REUTERS, Garden Holdings, HK, Bloomberg, Ocean Group, CIFI Holdings, Reuters, Wednesday, Regulators, Country, ANZ Bank China, Thomson Locations: Shanghai, China, Beijing, Bengaluru, Hong Kong
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 13 (Reuters) - Amazon (AMZN.O) has reached a deal with Snap (SNAP.N) that will let people buy its products directly from ads on the Snapchat app, the Information reported on Monday, a week after the ecommerce giant struck a similar partnership with Facebook-owner Meta Platforms (META.O). The Snapchat advertisement deal, currently being rolled out to customers in the U.S., will allow users to buy products from Amazon.com without leaving the social media app, the Information added. It would also show them real-time pricing, Prime eligibility and delivery estimates, the report said, citing an Amazon spokesperson. Reporting by Devika Nair in Bengaluru; Editing by Sonia Cheema and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Devika Nair, Sonia Cheema Organizations: Amazon, REUTERS, Facebook, Meta, Reuters, Thomson Locations: New York City, U.S, Bengaluru
Amazon to sell shopping ads on Snapchat - spokesperson
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +1 min
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. Customers will be able to shop directly from Amazon's Snapchat ads and check out without leaving the social media app, the Seattle-based company said in an emailed statement. Potential buyers would also be able to see real-time pricing, Prime eligibility, delivery estimates, and product details on select Amazon product ads in Snapchat as part of the new experience, it added. The deals with Meta and Snap come as the ecommerce giant looks to boost its product offerings through social media applications. Reporting by Devika Nair and Anirudh Saligrama in Bengaluru; Editing by Sonia Cheema and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Devika Nair, Anirudh, Sonia Cheema Organizations: Amazon, REUTERS, Facebook, Meta, Thomson Locations: New York City, U.S, Seattle, Snapchat, Bengaluru
Meta and Facebook logos are seen in this illustration taken February 15, 2022. Meta, the world's second-biggest platform for digital ads, said in a blog post it would require advertisers to disclose if their altered or created ads portray real people as doing or saying something that they did not, or if they digitally produce a real-looking person that does not exist. Alphabet's (GOOGL.O) Google, the biggest digital advertising company, announced the launch of similar image-customizing generative AI ads tools last week and said it planned to keep politics out of its products by blocking a list of "political keywords" from being used as prompts. Lawmakers in the U.S. have been concerned about the use of AI to create content that falsely depicts candidates in political advertisements to influence federal elections, with a slew of new "generative AI" tools making it cheap and easy to create convincing deepfakes. Reporting by Katie Paul, Devika Nair and Shubham Kalia; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Nick Clegg, Katie Paul, Devika Nair, Shubham, Nivedita Organizations: Meta, REUTERS, Facebook, Google, Thomson Locations: U.S
A Shein logo is pictured at the company's office in the central business district of Singapore, October 18, 2022. REUTERS/Chen Lin/File Photo Acquire Licensing RightsNov 6 (Reuters) - Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter. Reporting by Devika Nair in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
Persons: Chen Lin, Devika Nair, Sonia Cheema Organizations: REUTERS, Bloomberg, Thomson Locations: Singapore, Bengaluru
Bain Capital to buy consulting firm Guidehouse in $5.3 bln deal
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +1 min
The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/FIle photo Acquire Licensing RightsNov 6 (Reuters) - Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3 billion, the companies said on Monday. Bain Capital declined to comment on specific terms of the Guidehouse deal, when contacted by Reuters. Guidehouse has been owned by Veritas Capital since 2018, when the PE firm acquired Big Four firm PwC's U.S. public sector business and rebranded it as Guidehouse. It also agreed to acquire 90% of India's Adani Capital and Adani Housing, buying out all of the Adani family's private investments in the company.
Persons: Kim Kyung, Guidehouse, Grant, Pritam Biswas, Devika Nair, Savio D'Souza, Shailesh Organizations: Bain Capital, REUTERS, U.S . Department of Defense, Homeland Security, Reuters, Veritas Capital, Big, Macquarie, Dovel Technologies, Chindata, Adani, Thomson Locations: Tokyo, Japan, United States, Bengaluru
The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/File photo Acquire Licensing RightsNov 5 (Reuters) - Bain Capital is close to acquiring Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt, the Wall Street Journal reported on Sunday. Bain Capital declined to comment when contacted by Reuters, while Guidehouse did not immediately respond to a request for comment. Private equity firm Veritas Capital acquired the U.S. public sector business of accounting firm PricewaterhouseCoopers in 2018 and rebranded it as Guidehouse. Reporting by Devika Nair in Bengaluru; Editing by Rashmi Aich and Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.
Persons: Kim Kyung, Guidehouse, Devika Nair, Rashmi Aich, Subhranshu Organizations: Bain Capital, REUTERS, Wall Street, Reuters, Veritas Capital, U.S, PricewaterhouseCoopers, Thomson Locations: Tokyo, Japan, Bengaluru
The lawsuit stems from an in-flight emergency declared by the crew of Alaska Airlines Flight 2059 over the Pacific Northwest while the aircraft was en route from Everett, Washington, to San Francisco, on Oct 22. The suit also names Horizon Air - the regional subsidiary operating the Alaska Airlines flight- as a defendant. Alaska Airlines in an emailed statement to Reuters said that they have received the complaint and are reviewing it. The suit also seeks injunctive relief mandating Alaska Airlines and Horizon Air to conduct examinations of all anticipated flight crew and jump seat passengers, including their "mental health status". Joseph David Emerson was the Alaska Airlines pilot who was riding as a standby employee passenger in the cockpit "jump seat".
Persons: Joseph David Emerson, Dave Killen, Emerson, Steve Gorman, Abinaya, Shubhendu, Chandni Shah, Mrinmay Dey, Gokul, Devika Nair, Aurora Ellis Organizations: Alaska Airlines, Horizon Air, Horizon, Reuters, Alaska Air, Shubhendu Deshmukh, Thomson Locations: Multnomah County, Portland , Oregon, U.S, Seattle, Pacific Northwest, Everett , Washington, San Francisco, Washington, Los Angeles, Bengaluru
U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 1 (Reuters) - The U.S. House of Representatives' China committee will introduce a bill to ban the U.S. government from buying Chinese drones, the Financial Times reported on Wednesday. Mike Gallagher, the Republican head of the committee, and Raja Krishnamoorthi, the ranking Democrat, will introduce the "American Security Drone Act" on Wednesday, the FT report added. The bill was cosigned by Virginia Republican Rob Wittman and Connecticut Democrat Joe Courtney, the FT said, adding that the bill would also bar local and state governments from purchasing Chinese drones with federal grants. The U.S. House of Representatives' China committee did not immediately respond to a Reuters request for comment.
Persons: Dado Ruvic, Mike Gallagher, Raja Krishnamoorthi, Gallagher, Virginia Republican Rob Wittman, Joe Courtney, Devika Nair, Chizu Organizations: REUTERS, U.S . House, Representatives, Financial Times, Republican, FT, China, Virginia Republican, Connecticut, Thomson Locations: China, United States, Bengaluru
Signage is seen outside of a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Walgreens Boots Alliance Inc FollowOct 6 (Reuters) - Pharmacy employees at some U.S. Walgreens (WBA.O) stores, including pharmacists, technicians and support staff, plan a walkout between Monday and Wednesday, CNN reported on Friday, citing an organizer. Some employees plan to walk out for one day, while others expect to close their pharmacies for all three, the network said, citing employees in three states. The walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations placed on pharmacists, the report said. Walgreens said in an emailed response it was engaged and listening to concerns raised by some of its team members.
Persons: Andrew Kelly, Walgreens, Kaiser, Dimpal, Devika Nair, Rishabh, Sandra Maler, Rosalba O'Brien, William Mallard Organizations: Walgreens, Walgreens Boots Alliance, Inc, REUTERS, CNN, Reuters, Kaiser Permanente, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
Walgreens pharmacy employees plan walkout at US stores - CNN
  + stars: | 2023-10-07 | by ( ) www.reuters.com   time to read: +1 min
Signage is seen outside of a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Walgreens Boots Alliance Inc FollowOct 6 (Reuters) - Pharmacy employees at some U.S. Walgreens (WBA.O) stores, including pharmacists, technicians and support staff, plan a walkout between Monday and Wednesday, CNN reported on Friday, citing an organizer. Some employees plan to walk out for one day, while others expect to close their pharmacies for all three, the network said, citing employees in three states. The walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations placed on pharmacists, the report said. Walgreens said in an emailed response it was engaged and listening to concerns raised by some of its team members.
Persons: Andrew Kelly, Walgreens, Kaiser, Dimpal, Devika Nair, Rishabh, Sandra Maler, Rosalba O'Brien, William Mallard Organizations: Walgreens, Walgreens Boots Alliance, Inc, REUTERS, CNN, Reuters, Kaiser Permanente, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
FILE PHOTO:The logo of Johnson & Johnson is seen on a Brussels' office of the company in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsGENEVA, Sept 29 (Reuters) - Global health aid agency Unitaid has written to Johnson & Johnson's (JNJ.N) CEO, Joaquin Duato, urging "immediate action" to expand access to the company's tuberculosis drug bedaquiline, which is protected by patents hindering generic alternatives. The agency is urging J&J to remove all secondary patents and ensure that lower prices are available to all countries with high TB cases. TB, a bacterial disease that mostly affects the lungs, is preventable and treatable, but 10 million people catch it annually. Around 1.6 million people died from TB in 2021, almost entirely in low- and middle-income countries, according to the World Health Organization (WHO).
Persons: Johnson, Yves Herman, Unitaid, Joaquin Duato, Philippe Duneton, J, Emma Farge, Jennifer Rigby, Devika Nair, Susan Fenton, Elaine Hardcastle, Leslie Adler Organizations: Johnson, REUTERS, Rights, UN, Assembly, World Health Organization, WHO, Thomson Locations: Brussels, Diegem, Belgium, South Africa, Belarus, Ukraine
A cigarette stub is seen in an ashtray on a street in Liverpool , northern England October 17 , 2016. REUTERS/Phil Noble/File Photo Acquire Licensing RightsSept 22 (Reuters) - British Prime Minister Rishi Sunak is considering introducing measures that would ban the next generation from ever being able to buy cigarettes, The Guardian reported on Friday, citing government sources. Sunak is looking at anti-smoking measures similar to laws New Zealand announced last year, which include a ban on selling tobacco to anyone born on or after Jan. 1, 2009, the report said. Those measures include free vape kits, a voucher scheme to incentivise pregnant women to quit, and consulting on mandatory cigarette pack inserts, the spokesperson added. The spokesperson declined to comment further on The Guardian report.
Persons: Phil Noble, Rishi Sunak, Anirudh, Devika Nair, Leslie Adler, Rosalba O'Brien Organizations: REUTERS, British, Guardian, New Zealand, Reuters, Thomson Locations: Liverpool, England, New, British, Britain, Wales, Bengaluru
(Reuters) -Grocery-delivery company Instacart is preparing to raise the target price for its initial public offering following the successful debut of SoftBank-owned Arm Holdings, the Wall Street Journal reported on Friday, citing sources. Instacart is now expected to sell shares for $28-$30 apiece, the Journal said, adding that the company plans to disclose the target price in an amended filing as early as Friday. Selling shares at the high end of the new range, Instacart would be valued at nearly $10 billion on a fully-diluted basis, according to the report. The reported increase in Instacart's target price for its initial share sale comes after shares in SoftBank's Arm soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO). Instacart was valued at $39 billion after its last funding round more than two years ago, when easy money helped several startups reach sky-high valuations.
Persons: Instacart, Devika Nair, Mrigank Dhaniwala Organizations: Reuters, SoftBank, Arm Holdings, Wall Street, Nasdaq, U.S . Federal Reserve Locations: SoftBank's, San, Francisco, Bengaluru
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