Top British civil servant quits over treatment by minister
The most senior civil servant at the British government’s Home Office has resigned and harshly criticized Home Secretary Priti Patel for her treatment of him February 29, 2020, 1:06 PM…
European shares suffer worst day since 2016 as virus spreads, Wall Street opens ugly
LONDON (Reuters) – European shares suffered their biggest slump since mid-2016 on Monday and oil plunged almost 5%, as a jump in coronavirus cases in Italy, South Korea, Japan and…
Exclusive: Hedge fund Third Point targets British insurer Prudential – sources
FILE PHOTO: A man walks past a Prudential sign outside offices in the City of London March 27, 2013. REUTERS/Luke MacGregor (Reuters) – Hedge fund Third Point LLC has amassed…
Mastercard to add 1,500 technology jobs in Ireland
DUBLIN (Reuters) – Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years, more than trebling its workforce in one of Ireland’s largest…
Exclusive: Germany’s Stada buys 15 GSK consumer health brands
FRANKFURT (Reuters) – Private equity-backed generic drugmaker Stada STAGn.D said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline (GSK.L) to further strengthen its prescription-free drugs…
United Technologies, Raytheon offer EU concessions over $120 billion merger deal
FILE PHOTO: A screen shows the logos and trading information for defense contractor Raytheon Co, and United Technologies Corp. on the floor at the New York Stock Exchange (NYSE) in…
Boeing scours idle 737 MAX plant for industrial snags
SEATTLE (Reuters) – Insiders note an “eerie” calm at Boeing Co’s (BA.N) 737 MAX factory, formerly a bustling hub that has helped fuel the aviation industry’s record growth over the…
European shares suffer worst day since 2016 as virus spreads
LONDON (Reuters) – Europe’s share markets suffered their biggest slump since mid- 2016 on Monday, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors…
Police find secret cigarette factory 4 meters underground
Police have dismantled what they say is the Europe Union’s first clandestine underground cigarette factory, four meters (13 feet) under a horse stable in southern Spain February 20, 2020, 12:36…
Chinese support measures buoy world stocks
LONDON (Reuters) – Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.…