Novartis to spin off generics business Sandoz next year
By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics unit Sandoz to sharpen its focus on..
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Germany signs deal to give ownership of Benin Bronzes to Nigeria
BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the Benin Bronzes, among Africa&#..
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Dollar edges lower as investors wait on Fed’s Powell
By Karen Brettell NEW YORK (Reuters) – The dollar index and the euro both slipped on Thursday in choppy trading as investors wai..
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Europe’s Wizz Air considering a Saudi operating license
RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with t..
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Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results
MOSCOW (Reuters) – The Russian rouble stabilised near 60 against the dollar on Thursday, lacking new momentum, while shares in T..
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Google to roll out anti-disinformation campaign in some EU countries
By Supantha Mukherjee STOCKHOLM (Reuters) -Google’s Jigsaw subsidiary will launch a campaign next week to tackle disinformation ..
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Hedge funds suffer big outflows in Q2 – data
By Nell Mackenzie LONDON (Reuters) – Investors yanked a net $7.8 billion out of hedge funds in the second quarter, industry data..
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France’s Schneider considers full buyout of AVEVA
By Sudip Kar-Gupta and Supantha Mukherjee PARIS (Reuters) -French industrial conglomerate Schneider is considering buying out minority..
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Greece’s Aegean Airlines in code sharing deal with Emirates
ATHENS (Reuters) – Greece’s largest carrier Aegean Airlines said on Wednesday it had struck a so-called code sharing agree..
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German exporters pinched by 70-billion-euro price squeeze – DIHK
By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 ..
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Soccer-Everton edge Fleetwood in League Cup for first win of season, Fulham out
LONDON (Reuters) -Everton avoided any slip-up as they beat third-tier Fleetwood Town 1-0 in the League Cup second round to claim their..
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Single broadband network is ‘right step’ for Italy, Vivendi says
MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest i..
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Nissan to cease producing cylinder heads for Renault from 2024
PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sunderland..
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Record number of migrants arrive in Britain by boat on a single day
By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..
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China battles forest fires as fears linger over harvest
SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..
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Euro zone business activity contracted again in Aug, outlook bleak
By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..
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German investor Kuehne does not plan to further boost Lufthansa stake – FAZ
BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond ..
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Apple plans to make iPhone 14 in India amid China woes – Bloomberg News
(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi admin..
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Japan weighs relaxing border rules on COVID -media
By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..
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Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..
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Ben & Jerry’s loses bid to halt sales in West Bank
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..
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McLaren to enter India market later this year
(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..
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From chasing deals to turning off screens: Cineworld on the brink
(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the Un..
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French retailer Carrefour to freeze prices on 100 products to tackle inflation
PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..
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Orban tightens hold over telco sector as Vodafone sells Hungarian unit
LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..
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China steps up easing, cuts lending benchmarks to revive faltering economy
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..
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Analysis-Meagre medicine cabinet leaves Sanofi unloved
By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..
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Asia shares slip, dollar strong as yuan weakens
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..
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Oil falls on concerns economic slowdown may dent fuel demand
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..
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Australia’s Qantas apologises to customers for operational problems
SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..
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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..
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Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine
(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..
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Cricket-Fiery Stokes revives England but S Africa build good lead
LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..
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Next year’s Geneva auto show cancelled -organisers
ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..
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Record numbers resign in France as bargaining power balance shifts -labour ministry
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..
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Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..
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German gas import costs surge 153% in first half as imports drop 24%
FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even tho..
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