Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation
By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters) – The blood thinner Eliquis from Bristol M..
Headlines
All Posts
Porsche CEO: There is no conflict between e-mobility and e-fuels
WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there w..
Headlines
Britain toughens up diversity targets for UK companies
By Huw Jones LONDON (Reuters) – Britain’s top listed and private companies on Monday were called on to meet broader volunt..
Headlines
The pound, gilts and stocks: likely winners and losers from UK budget
By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..
Headlines
HSBC acquires British arm of stricken Silicon Valley Bank
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, r..
Headlines
Novartis launches new $11 billion share buyback
ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..
Headlines
Mobile games developer Huuuge says has $24.2 million at SVB
(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collap..
Headlines
US stock futures, bonds rally as markets flirt with Fed pause
By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to lim..
Headlines
Over a dozen Chinese-based firms say they have minimal exposure to SVB
HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Val..
Business
S&P Global acquires firm to bolster capability to track commodity shipments
SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its..
Headlines
Britain delays major rail project HS2 as costs soar again
LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..
Headlines
Markets start signalling Fed may be going too far – Amundi
By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal ..
Headlines
Aviva boosts investor payouts after profit beat
Aviva boosts investor payouts after profit beat By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, in..
Headlines
GSK expects US launch of RSV vaccine with no supply issues
By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without sup..
Headlines
UK’s Domino’s expects tech investments to hit 2023 profit
(Reuters) -Britain’s Domino’s Pizza Group Plc said on Thursday its profit this year would be impacted by investments in cl..
Headlines
Deutsche Post raises annual dividend; warns of challenging 2023
BERLIN (Reuters) – Deutsche Post increased its dividend for 2022 to 1.85 euros per share after a record year on Thursday, up fro..
Headlines
Oil near flat as US crude stock draw contends with economic concerns
By Stephanie Kelly (Reuters) – Oil prices were near flat on Thursday, as a larger-than-expected draw in U.S. crude stocks conten..
News
Brazil to resume visa requirements for US, Japan, Australia, Canada -sources
By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for citizens of the U.S., Japan..
Headlines
Europe experienced second-warmest winter on record
By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said ..
Headlines
GE’s investors seek solutions to renewable energy, supply chain challenges
By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on th..
News
Spotify listeners cross half a billion mark
(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..
Headlines
International banking alliance welcomes Intesa Sanpaolo Bank Romania to its member network
IBOS Association (IBOS), an international banking network, is delighted to announce its newest member, Intesa Sanpaolo Bank Rom..
Finance
PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits
By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC for ..
Headlines
UK to avoid recession this year but outlook still weak, BCC says
By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..
Headlines
Dutch responds to US China policy with a plan to curb semiconductor tech exports
By Toby Sterling, Karen Freifeld and Alexandra Alper AMSTERDAM/WASHINGTON (Reuters) -The Netherlands’ government on Wednesday sa..
Technology
Wall St flutters, Treasury yields ease as Powell resumes testimony
By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..
Finance
Powell’s warning on higher U.S. rates pushes dollar to 3-mth high
By Tom Westbrook SINGAPORE (Reuters) – The dollar scaled multi-month highs against most other major currencies on Wednesday afte..
News
Ireland to vote on removing ‘outmoded’ references to women from constitution
DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..
Headlines
Britain plans new data rules to ease compliance burden
LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..
Headlines
Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News
(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros ($5.28 billion) in subsidies from the German govern..
Headlines
New intelligence points to pro-Ukraine group in Nord Stream attack -NYT
WASHINGTON (Reuters) -New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrain..
Headlines
CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says
By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..
Headlines
Dollar jumps as Powell flags higher terminal rate
By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..
Finance
Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks
By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve C..
Finance
HelloFresh sees 2023 core profit of 460-540 million euros
(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..
Headlines
Meta plans to cut thousands of jobs as soon as this week – Bloomberg News
(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..
Headlines
GM’s Cruise to focus on cost cuts as it ramps up robotaxis
By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors Co’s robotaxi unit Cruise is focusing on cutting costs this year, ..
Headlines