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The EU reduced NBCUniversal’s fine by 30% in return for cooperation with regulators.Its film merchandising products include mugs, bags, clothing and toys for “Minions”, “Jurassic World” and “Trolls”.
EU antitrust regulators fined Nike and Sanrio last year for similar illegal practices.Reporting by Foo Yun Chee; editing by Philip Blenkinsop, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
BANGALORE (Reuters) - SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development.
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017.REUTERS/Issei Kato/File PhotoReuters also obtained the information from Delaware State filings.
SoftBank’s Vision Fund II contributed a majority of the funding round that totals around $250 million, according to both people.
At one point, the fund considered investing as much as $300 million, but eventually decided to limit its exposure, they said.“If the change in balance sheet comes as a shock, the equity markets would probably take that as bad news,” said Joseph Sroka, chief investment officer at NovaPoint in Atlanta.
“But it seems like (the Fed’s) priority is to be as transparent as possible, which should be less disruptive.”Reporting by Jonnelle Marte; Additional reporting by Stephen R.
Culp; Editing by Dan BurnsOur Standards: The Thomson Reuters Trust Principles.(Reuters) - Oreo maker Mondelez Inc MDLZ.
O said on Wednesday it expects a hit to its first quarter revenue from a new coronavirus outbreak in China which has killed over 130 people.