Walgreens Boots Alliance has agreed to pay $500 million to New Mexico to settle claims that its pharmacies helped fuel opioid addiction in the state by failing to stop illegal pill sales, lawyers for the state announced on Friday.
Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars.
Most stock markets in the Gulf ended higher on Monday on optimism the U.S. Federal Reserve would pause its rate hikes this month, while rising oil prices cheered investors.
Moscow said on Tuesday it had thwarted another major offensive by Ukraine in Donetsk, destroying military equipment and inflicting huge personnel losses, a statement that the powerful head of Russia's Wagner mercenary group dismissed as "absurd science fiction."
Major stock markets in the Gulf rose in early trade on Tuesday as investors cheered the prospect of the world's largest economy averting a major debt default.