Antitrust Tech Bills Gain Bipartisan Momentum in Senate 

Support for curbing large technology companies' market power is widening in the Senate, with lawmakers in both parties endorsing new legal constraints on search engines, e-marketplaces, app stores and other online platforms.

Drugmakers Gear Up for Price Restrictions 

The industry potentially faces a significant expansion of government regulation despite success in watering down Democratic proposals in the social-spending and climate bill.

New York Times' Wirecutter Staff Goes on Strike Ahead of Black Friday 

Staff at the product-review website plan to strike through Nov. 29-Cyber Monday-a popular online shopping day that comes days after Black Friday, and is one of the site's busiest and most profitable of the year.

China's State-Run Companies Limit Use of Tencent's Messaging App 

Managers at some state-run companies told employees that chat groups set up for work purposes on Weixin could contain sensitive information and should be shut down.

Paytm Flop Will Skim Froth Off India's IPO Market 

The disappointing performance of India's largest IPO will cool sentiment a bit, but a dose of reality could make for a healthier market.

Remy Cointreau Confident on Outlook after Strong First Half 

UPDATED: Shares in Remy Cointreau rose sharply after the drinks group posted consensus-beating first-half profits and raised its full-year earnings forecasts.

Swiss Life Plans Higher Dividend, Share Buyback 

Swiss Life said it will launch a CHF1 billion buyback starting next month and increase its dividend payout ratio to more than 60% from 2022, as it set out its midterm plans to target higher earnings and shareholder returns.

Generali in Talks to Buy Credit Agricole Unit 

UPDATED: Generali is in exclusive talks to buy Credit Agricole's La Medicale business, its insurance subsidiary for healthcare professionals.

Orange CEO Resigns After Fraud Verdict 

UPDATED: Orange chief executive Stephane Richard will leave the company on Jan. 31, 2022 at the latest after he was handed a one-year suspended jail sentence for fraud.

Chinese Property Developer Kaisa Proposes $400 Million Debt Swap 

Kaisa, which in 2015 became one of the first Chinese developers to default abroad, warned it risked reneging on its international debts again unless creditors agreed to the bond swap.


(END) Dow Jones Newswires

November 25, 2021 11:15 ET (16:15 GMT)

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