GSK bets $2 billion on Bellus cough drug to soothe pipeline fears
Investors are particularly interested in GSK’s future plans, given the pending loss of patent protection in 2027 for dolutegrav..
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UK unemployment edges up but pay growth beats forecasts
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Takeover-target THG misses downgraded 2022 earnings guidance
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UBS makes changes to buyback programme following Credit Suisse takeover
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Ericsson’s quarterly core profit misses expectations
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Northvolt and Scania unveil battery for heavy trucks
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Manchester United tanks on report Glazers may avoid sale with new investment
The English soccer club’s stock fell to $18.91, its lowest since late November, when the Glazers had started weighing options i..
Finance
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
“We continue to engage extensively with our shareholders and believe that they recognize that Teck will be in a far better posi..
Headlines
EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to fi..
Technology
Britain seeks to boost banking services from fintechs
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Analysis-Rocket startups face adapt-or-die moment amid investment drought
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Banking stability worries go behind closed doors at IMF-World Bank meetings
The IMF opened the week by warning that a major new flare-up of banking system turmoil could slam global growth back to 1% this year,..
Finance
Dollar hits one-month high against yen as traders bet on Fed rate hike
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Agnellis’ Exor eyes further healthcare investment for expansion
Exor is the single largest investor in carmaker Stellantis and has controlling stakes in companies including Ferrari, CNH Industrial ..
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Shareholder group ISS backs Barclays board over former CEO Staley
Separately, ISS also said there may be “some scope” for further cuts to executive bonuses following a massive regulatory ..
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Sega Sammy says it is considering buying Angry Birds maker Rovio
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Volkswagen to partner on Indonesia EV battery ecosystem -minister
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Australian court approves BHP’s $6.4 billion OZ Minerals takeover
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At China’s largest trade fair, exporters worry about world economy
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France’s Ynsect to refocus bug business after capital increase
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Soccer-Jittery Arsenal losing their grip with summit in sight
Arteta’s face at the final whistle said it all and he knows that Arsenal have lost control of the title race. The Spaniard woul..
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Biden to wrap up ‘homecoming’ tour with West of Ireland rally
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Oil gains after IEA sees demand rising to record high
By Ron Bousso LONDON (Reuters) -Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to ri..
News
European shares set for weekly gain on U.S. inflation outlook
European shares set for weekly gain on U.S. inflation outlook By Elizabeth Howcroft LONDON (Reuters) -European shares rose in early tr..
News
Exclusive-Nissan seeks tech tie-up without Renault as alliance nears end of road
By Norihiko Shirouzu and Maki Shiraki (Reuters) – Nissan is developing growth plans in areas such as software and electric vehi..
Business
European shares rise as US inflation data signals end of rate-hike cycle
By Shubham Batra (Reuters) -European shares rose on Friday and were set for a fourth straight weekly gain, buoyed by hopes that the U..
Finance
German economy expected to skirt recession – economy ministry report
BERLIN (Reuters) -Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year, according..
Finance
Tesla expands discounts with price cuts in Europe, Singapore, Israel
By Chen Lin and Victoria Waldersee SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe..
Business
London’s FTSE 100 edges higher, set for fourth weekly gain
By Shristi Achar A (Reuters) -Britain’s FTSE 100 inched up on Friday and was set for a fourth straight weekly gain, boosted by ..
Finance
Cash-loving Germans fret over exploding ATMs as cross-border crime wave hits
By Tom Sims and Nette Noestlinger RATINGEN, Germany (Reuters) – In the German town of Ratingen, exploding cash machines are a h..
Finance
Factbox-What’s next for France’s pension reform?
(Reuters) – France’s Constitutional Council is due to deliver its verdict on Friday on a deeply unpopular bill which will..
Featured
Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up
By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world’s leading institutions and creditors to spe..
Headlines
Recruiter Hays boosted by record net fees, but cautious on outlook
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News
Bootmaker Dr Martens warns on profit as finance chief walks
Bootmaker Dr Martens warns on profit as finance chief walks By Prerna Bedi (Reuters) -Dr Martens issued its third profit warning in fi..
Business
European privacy watchdog creates ChatGPT task force
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Technology
US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
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Headlines
Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business