Bloomberg Reckitt Benckiser Group has agreed to sell its Chinese baby formula business to Primavera Capital Group in a deal with $2.2 billion enterprise value. Reckitt will retain an 8% stake and sees net cash proceeds of about $1.3 billion, which the company plans to use to reduce debt. The household products maker expects to record a net loss of ...

Bloomberg Vice President Kamala Harris warned Central Americans not to migrate to the US and said the Biden administration would intensify efforts to combat corruption in the region, after meeting with Guatemalan President Alejandro Giammattei. “Do not come. Do not come,” Harris said at a news conference in Guatemala City. “If you come to our border, you will be turned ...

Bloomberg A Senate investigation into the January 6 riot at the US Capitol found sweeping intelligence and law enforcement errors, including a lack of proper training and preparation for police who were unable to prevent protesters from breaching the building. The report found that Capitol Police had intelligence that an attack on the Capitol was possible but failed to communicate ...