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A tentative settlement of $997 million is reached with the families of victims and survivors of the condo collapse in Surfside, Florida, United States. However, the settlement is still subject to final approval.
2022-05-11

Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively; nickel prices rose 90% on intraday trading. Copper also recorded new highs, at $10,845 per tonne, while palladium reached $3,440 per ounce. Russia is a substantial producer of all of these metals, and the market expects shortages of these commodities as the country is hit by further sanctions.
2022-03-7

The Russian ruble experiences extreme buy–sell spreads. While the currency exchanges in banks offer a range of 70–90 rubles per US dollar and 80–100 rubles per euro, sell quotes vary from 100 rubles to over 150 rubles for 1 US dollar. Panic selling is suspected as a reason for the fluctuations.
2022-02-27

The Donetsk People's Republic and Luhansk People's Republic order mandatory mass evacuations of civilians from their respective capital cities, Donetsk and Luhansk. Around 700,000 people are expected to be evacuated to Russia with the first buses carrying civilians to the Russian border already travelling to Rostov Oblast. Russian President Vladimir Putin orders lump-sum allowances of 10,000 rubles (130 US dollars) to be paid to refugees from Donbas.
2022-02-18

The Philippine Food and Drug Administration approves the emergency use of the Molnupiravir drug made by Merck & Co. for high-risk adult patients and also approves the use of the Pfizer-BioNTech COVID-19 vaccine for children between the ages of 5 and 11 years.
2021-12-23

The Swiss government signs a deal to reserve 8,640 doses of Merck & Co.'s antiviral drug molnupiravir beginning in January.
2021-11-23

A parent is sentenced to five months in prison, a fine of $100,000 and 500 hours of community service for his involvement in the college admissions scandal.
2019-10-4

Marathon Oil purchases Andeavor for $23.3 billion, creating the biggest oil refining firm in the United States.
2018-04-30

The United States Food and Drug Administration approves the Merck & Co. drug, Bridion, that reverses the effects of muscle relaxants used during surgery.
2015-12-15

Merck announces that a new drug, ragweed AIT, significantly reduced ragweed allergy symptoms in a Phase III clinical trial.
2012-03-5