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European stocks slip amid Middle East conflict jitters

European stocks slip amid Middle East conflict jitters

By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) – European stocks came under pressure on Monday as Mideast military..

Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says

Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says

MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish..

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 into the booming market for weight-loss drugs are ..

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

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

By Andrea Shalal MARRAKECH, Morocco (Reuters) – A new tool launched on Monday to track reforms by the World Bank and the five b..

Oil prices jump as Middle East violence rattles markets

Oil prices jump as Middle East violence rattles markets

By Andrew Hayley BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Isr..

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

By Michael Erman (Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to $5.8 b..

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

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

By Elizabeth Piper, Alistair Smout and Andrew MacAskill LIVERPOOL, England (Reuters) – Britain’s opposition Labour Party ..

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) -Britain’s Prudential Regulation Authority (PRA) is..

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 nationwide panic over bedbugs in Paris just nine month..

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 on Friday sent the dollar higher and cast a pall ..

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, headed for a 12th straight week of gains, after a..

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 advanced at the end of a turbulent week tracking Wall St..

EU leaders resolve to boost economic security amid global tension

EU leaders resolve to boost economic security amid global tension

By Belén Carreño GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to strengthen the bloc’s competit..

Analysis-Is the US strategy of engaging China working?

Analysis-Is the US strategy of engaging China working?

By Michael Martina and Humeyra Pamuk WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony B..

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 group CMA CGM on an electric van project that Renau..

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 Administration (FDA) said it is still not satisfied w..

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 again if wages, profits or new supply snags boost inf..

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 ($1.08 billion) from a stake sale in Haleon, bringing ..

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 weeks of its financial year rose nearly 10% on st..

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 power from 2024, although existing facilities will g..

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 to 600 million euros ($632 million) in a rights is..

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 its shares plunge more than 25% on Thursday follow..

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, extending the previous session’s nearly 6% loss..

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 regulator on Thursday asked the country’s antitrust..

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 have little choice but to copy Wall Street in speed..

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape

By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by ..

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

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

By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday..

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 won and the high rate of underlying price growth ..

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey

By Samuel Indy   LONDON (Reuters) – The British pound dipped against the U.S. dollar and the euro on Thursday after data s..

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 after the French train maker slashed its full-year fr..

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump

By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for..

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market

By Ananya Mariam Rajesh and Helen Reid (Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and boost sale..

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 year earlier, driven largely by an increase in regist..

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

By Alistair Smout and Sarah Young MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northern leg of the c..

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 self-sustainable energy sector by spending around ..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasur..