Shanghai Junshi Biosciences in human tests for coronavirus antibody drug
BEIJING (Reuters) – Shanghai Junshi Biosciences has started an early-stage study in China to test a potential antibody treatment against…
Thyssenkrupp shortlists buyout firms for elevator unit, Kone out
FRANKFURT/DUESSELDORF, Germany (Reuters) – Germany’s Thyssenkrupp (TKAG.DE) has shortlisted two private equity consortia in the sale of its 16 billion…
Airlines suspend China flights because of coronavirus outbreak
(Reuters) – Airlines are suspending flights to China in the wake of the new coronavirus outbreak. A flight attendant wearing…
Nokia October warning investigated by local FSA: newspaper report
FILE PHOTO: The logo and ticker for Nokia are displayed on a screen on the floor of the New York…
Telenor says Huawei will still play role in 5G rollout
BRUSSELS (Reuters) – Telenor (TEL.OL) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on…
Finnair cancels 276 flights as unions join solidarity strike
HELSINKI (Reuters) – Finland’s national airline Finnair (FIA1S.HE) said on Sunday it was forced to cancel 276 flights scheduled for…
Let’s do it together: Huawei seeks to allay EU concerns with appeal for 5G partnership
BRUSSELS (Reuters) – Chinese telecoms manufacturer Huawei Technologies sought on Wednesday to assuage European concerns that it is a cyber…
German authorities raid Deutsche Bank over Danske scandal
FRANKFURT (Reuters) – German authorities have raided Deutsche Bank’s (DBKGn.DE) Frankfurt headquarters and are searching for information related to Danske…
Banker tells German fraud trial he made millions from ‘astronomical’ trades
BONN (Reuters) – A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he…
Europe orders urgent Airbus helicopter checks after Norway crash
OSLO (Reuters) – European regulators have ordered immediate checks on recently delivered versions of some Airbus helicopters after a crash…
Novo Nordisk to cut insulin prices in the U.S.
COPENHAGEN (Reuters) – Novo Nordisk will offer cheaper insulin to U.S. diabetics, the Danish drugmaker said on Friday, in response…
Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin’s chances
OTTAWA (Reuters) – Airbus SE (AIR.PA) on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new…
Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg
Ticker and trading information for Pacific Investment Management Co. (PIMCo) are displayed on a screen at the New York Stock…
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
WASHINGTON (Reuters) – The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi…
Norwegian Air expects Boeing 737 MAX fleet to remain grounded until end of August
FILE PHOTO: Bjoern Kjos, CEO of Norwegian Air Shuttle ASA, attends a press conference presenting quarterly report of the company,…
VW to float 10% of truck unit, seeks to raise 1.9 billion euros
FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it…
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day in Omaha, Nebraska,…
SAS grounds more flights as pilot strike continues
STOCKHOLM/OSLO (Reuters) – Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second…
Swedbank chairman quits over money laundering scandal
STOCKHOLM (Reuters) – Swedbank Chairman Lars Idermark has quit only a week after the lender’s chief executive was ousted over…
U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March…
Microsoft expands political security service to 12 European countries
FILE PHOTO: General view of Microsoft’s logo at Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Easy on the Nordic oysters: Bacteria flourishing in warmer fjord waters
OSLO (Reuters) – The southern Nordic fjords are heating up as Europe boils, and bacteria there are flourishing, infecting swimmers…
Nokia reiterates outlook after announcing $3.5 billion deal with T-Mobile
HELSINKI (Reuters) – Nokia (NOKIA.HE) reiterated its outlook on Monday after it announced a $3.5 billion 5G network agreement with…
Nokia, T-Mobile US agree $3.5 billion deal, world’s first big 5G award
LONDON (Reuters) – T-Mobile US (TMUS.O) named Nokia (NOKIA.HE) to supply it with $3.5 billion in next-generation 5G network gear,…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation…
Maersk says U.S. sanctions make doing business in Iran impossible
COPENHAGEN (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk (MAERSKb.CO) said Thursday it would shut down its business…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest…
Biotech M&A rolls on as Alex ion snaps up Wilson for $855 mln
(Reuters) – Alex ion Pharmaceuticals has agreed to buy Sweden’s Wilson Therapeutics for 7.1 billion Swedish crowns ($855 million), boosting…