News

Weight-loss drugs fuel boom for firms that fill syringes

Weight-loss drugs fuel boom for firms that fill syringes

By Maggie Fick LONDON (Reuters) – Contract drug manufacturers seeking to tap ..

Progress in reforming development banks ‘quite limited,’ new tool shows

Progress in reforming development banks ‘quite limited,’ new tool shows

MARRAKECH, Morocco (Reuters) – A new tool launched on Monday to track reforms ..

Oil prices jump as Middle East violence rattles markets

Oil prices jump as Middle East violence rattles markets

BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday..

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mira..

‘Get Britain building again’, UK’s Labour sets out growth plan

‘Get Britain building again’, UK’s Labour sets out growth plan

LIVERPOOL, England (Reuters) – Britain’s opposition Labour Party will pr..

UK bank regulator still pressing for Metro plan by Monday – source

UK bank regulator still pressing for Metro plan by Monday – source

By Elisa Martinuzzi, Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) -Britai..

Explainer-Paris freaks out over bedbugs ahead of Olympic Games

Explainer-Paris freaks out over bedbugs ahead of Olympic Games

PARIS (Reuters) – The French government is battling to contain a bout of natio..

Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds

Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report..

US dollar set for 12th weekly gain after blowout jobs number

US dollar set for 12th weekly gain after blowout jobs number

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained on Friday,..

European stocks hits third-straight weekly loss as yields surge

European stocks hits third-straight weekly loss as yields surge

By Sruthi Shankar, Siddarth S and Shristi Achar A (Reuters) -European shares advanc..

EU leaders resolve to boost economic security amid global tension

EU leaders resolve to boost economic security amid global tension

GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to stre..

Analysis-Is the US strategy of engaging China working?

Analysis-Is the US strategy of engaging China working?

WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of St..

Renault brings in Volvo, CMA CGM for electric van project

Renault brings in Volvo, CMA CGM for electric van project

PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping gr..

US FDA still not satisfied with Philips recall; stock falls over 9%

US FDA still not satisfied with Philips recall; stock falls over 9%

By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Adm..

ECB’s Schnabel can’t rule out more hikes amid inflation risks

ECB’s Schnabel can’t rule out more hikes amid inflation risks

FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates agai..

GSK raises $1.1 billion from Haleon stake sale

GSK raises $1.1 billion from Haleon stake sale

(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.0..

UK’s J D Wetherspoon posts higher sales on resilient demand

UK’s J D Wetherspoon posts higher sales on resilient demand

(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine ..

Norway plans resource tax on onshore wind farms

Norway plans resource tax on onshore wind farms

OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind pow..

Finnair to raise $632 million to shore up finances

Finnair to raise $632 million to shore up finances

STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up ..

Explainer-Why are British lender Metro Bank’s shares plunging?

Explainer-Why are British lender Metro Bank’s shares plunging?

By Lawrence White LONDON (Reuters) – Mid-sized British lender Metro Bank saw ..

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, ext..

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance

By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media regulat..

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform

By Huw Jones LONDON (Reuters) – The European Union, Britain and Switzerland h..

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape

NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by N..

Dollar, stocks slip amid still tight U.S. labor market

Dollar, stocks slip amid still tight U.S. labor market

NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped o..

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet ..

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey

LONDON (Reuters) – The British pound dipped against the U.S. dollar and the eu..

Alstom cash flow warning wipes $3 billion off train maker’s value

Alstom cash flow warning wipes $3 billion off train maker’s value

(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday afte..

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump

LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, ..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy i..

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market

(Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and ..

UK new car sales rise about 20% in September, says industry body SMMT

UK new car sales rise about 20% in September, says industry body SMMT

(Reuters) – New car sales in Britain rose roughly 20% in September from a yea..

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northe..

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study

FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a s..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U...

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank la..