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Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% on Tuesday after the ..

Porsche AG reports sharp fall in China deliveries

Porsche AG reports sharp fall in China deliveries

(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year c..

UK’s Capita surges about 23% on sale of software business

UK’s Capita surges about 23% on sale of software business

(Reuters) -Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its stand..

Germany needs $325 billion of power grid investments by 2050, KfW says

Germany needs $325 billion of power grid investments by 2050, KfW says

FRANKFURT (Reuters) – Germany needs investments of around 300 billion euros ($325 billion) by the middle of the century to equi..

Stellantis to expand hybrid vehicle line to meet growing demand

Stellantis to expand hybrid vehicle line to meet growing demand

PARIS (Reuters) – Stellantis said on Tuesday it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2..

Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks

Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks

SEOUL (Reuters) – Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred N..

Dubai’s high-end property sales undented by drop in listings, consultancy says

Dubai’s high-end property sales undented by drop in listings, consultancy says

DUBAI (Reuters) -The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year desp..

German growth package offers limited boost, say economists

German growth package offers limited boost, say economists

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French asset prices swing as investors grapple with election result

French asset prices swing as investors grapple with election result

By Harry Robertson, Alun John and Dhara Ranasinghe LONDON (Reuters) -French shares and bond prices turned higher in early trading on ..

Ocado builds on Aeon partnership with plans for third robotic warehouse

Ocado builds on Aeon partnership with plans for third robotic warehouse

LONDON (Reuters) – British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Jap..

Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says

Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says

By Sabine Siebold WASHINGTON (Reuters) – NATO will need between 35 and 50 extra brigades to fully realise its new plans to defe..

Fewer UK companies plan to increase prices, survey shows

Fewer UK companies plan to increase prices, survey shows

LONDON (Reuters) – Fewer British firms plan to raise their prices in the coming months, according to a survey that will give re..

North Sea oil producers urge Labour’s Starmer for tax clarity

North Sea oil producers urge Labour’s Starmer for tax clarity

By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to ..

UniCredit CEO says M&A is a possibility, not a must

UniCredit CEO says M&A is a possibility, not a must

ROME (Reuters) – UniCredit is willing to consider M&A opportunities if financial conditions are right, but they are not a m..

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, price..

NATO summit to push for standardizing shells

NATO summit to push for standardizing shells

By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever defence industrial pledge at its Washington summit o..

Oil prices on track for fourth straight week of gains

Oil prices on track for fourth straight week of gains

SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of g..

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S..

Swiss price regulator puts UBS under observation

Swiss price regulator puts UBS under observation

ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the r..

Russia swelters in heat wave, Moscow breaks 1917 record for early July

Russia swelters in heat wave, Moscow breaks 1917 record for early July

MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..

UK’s Barclays to sell German consumer finance business

UK’s Barclays to sell German consumer finance business

(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..

Dollar on defensive after soft data, battered yen under watch

Dollar on defensive after soft data, battered yen under watch

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World stocks rise on rate cut bets, yen flounders at 38-year lows

World stocks rise on rate cut bets, yen flounders at 38-year lows

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Sterling set for fifth daily rise ahead of UK election

Sterling set for fifth daily rise ahead of UK election

LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softening in the dollar and a reading of business activit..

Development banks get ratings boost on climate clauses and hybrid bonds

Development banks get ratings boost on climate clauses and hybrid bonds

By Marc Jones LONDON (Reuters) – The World Bank and other top development banks got a double boost on Tuesday as Fitch said deb..

Spain to crack down on holiday rentals to address housing crisis

Spain to crack down on holiday rentals to address housing crisis

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Oil rises on US crude inventory draw, Mideast tensions

Oil rises on US crude inventory draw, Mideast tensions

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude..

UK’s Vodafone and Virgin Media agree new network sharing deal

UK’s Vodafone and Virgin Media agree new network sharing deal

LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing..

Rivian says no plans to produce vehicles with VW after media report on early talks

Rivian says no plans to produce vehicles with VW after media report on early talks

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Spain’s Iberdrola calls for greenwashing rules

Spain’s Iberdrola calls for greenwashing rules

By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are necessary to tackle misleading or exaggerated clima..

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

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Factbox-Battles over CEO pay across the globe

Factbox-Battles over CEO pay across the globe

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UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

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Sterling dented by one-two punch from dollar and euro

Sterling dented by one-two punch from dollar and euro

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US Treasury yields boost dollar, Powell speech in focus

US Treasury yields boost dollar, Powell speech in focus

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Shell to pause Dutch biofuels project as market sags

Shell to pause Dutch biofuels project as market sags

By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..