PM May challenges scientists to help transform Britain after Brexit
LONDON (Reuters) – Britain’s prime minister challenged scientists on Monday to help diagnose cancer earlier and create zero-emission cars, trying…
Australia’s Santos gets final sweetened $10.8 billion bid from Harbour Energy
(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking…
British PM May calls on health, tech sectors to work on cancer
LONDON (Reuters) – Prime Minister Theresa May will call on Britain’s health service, charities and artificial intelligence sector to work…
EU could compensate firms hit by U.S. sanctions over Iran: French minister
PARIS (Reuters) – France is looking to see if the European Union could compensate European companies that might be facing…
Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three…
Airbus loses ground in bid to sell jets to United: sources
PARIS/NEW YORK (Reuters) – Airbus’s hopes of winning an immediate respite from slow sales of its A330neo jetliner with an…
Apple pays Ireland first tranche of disputed taxes
DUBLIN (Reuters) – Apple has paid 1.5 billion euros ($1.18 billion) into an escrow account set up by the Irish…
Porsche to recall 60,000 SUVs for emissions problems: German regulator
HAMBURG (Reuters) – Volkswagen’s (VOWG_p.DE) sports-car brand Porsche has been asked by Germany’s KBA automotive regulator to recall around 60,000…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
SINGAPORE (Reuters) – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC…
Asia stocks edge higher, investors cautious on U.S.-China trade talks
TOKYO (Reuters) – Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade…
Diesel fallout is responsibility of carmakers: German minister
BERLIN (Reuters) – German carmakers will have to take responsibility for the fallout from their cheating in diesel cars’ emission…
Merck KGaA’s lung cancer drugs show promise in early-stage trials
FRANKFURT (Reuters) – Germany’s Merck KGaA said two of its experimental oncology drugs showed early signs of promise in certain…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to…
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…
Exclusive: RBS lawyers ask ex-staffer to destroy documents, DOJ informed
LONDON (Reuters) – Lawyers for Royal Bank of Scotland (RBS.L) asked an ex-employee to destroy confidential documents, according to a…
Asian shares inch higher; euro tries to shake off Italian political risk
SINGAPORE (Reuters) – Asian shares edged higher on Thursday while the euro gained some respite after hitting five-month lows a…
Asian shares steady; euro hampered by Italian political risk
SINGAPORE (Reuters) – Asian shares held steady on Thursday, while the euro struggled near five-month lows set a day earlier…
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…
Deutsche Boerse’s chairman signals may not serve full term
FRANKFURT (Reuters) – The chairman of Deutsche Boerse’s (DB1Gn.DE) supervisory board said on Wednesday he would not insist on serving…
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government…
Deutsche Boerse CEO on the hunt for acquisitions
FRANKFURT (Reuters) – Deutsche Boerse’s (DB1Gn.DE) chief executive is on the lookout for acquisitions as one of the pillars of…
Novartis top lawyer exits in wake of Trump attorney deal
ZURICH (Reuters) – Novartis (NOVN.S) General Counsel Felix Ehrat will leave the Swiss drugmaker over his role in a $1.2…
Novartis ditches lawyer as head rolls over Trump lawyer deal
ZURICH (Reuters) – Novartis (NOVN.S) General Counsel Felix Ehrat will leave the Swiss drugmaker over his role in a $1.2…
Asian shares lower as North Korea suspends talks, U.S. yields shoot higher
SHANGHAI (Reuters) – Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a…
Nestle to cut more sugar and salt in its products
VEVEY, Switzerland (Reuters) – Nestle will make further cuts to the amount of sugar, salt and saturated fats in its…
J&J defends itself in trial over baby powder asbestos claims
(Reuters) – A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of…
Aiming for clearer skies: Air France-KLM to name interim CEO on Tuesday
PARIS (Reuters) – Air France-KLM’s (AIRF.PA) board meets on Tuesday morning to appoint an interim chief executive for the Franco-Dutch…
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) new chief executive Christian Sewing needs to come up with a convincing strategy swiftly…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Conoco has seized Venezuela PDVSA products from Isla refinery: Curacao
(Reuters) – U.S. oil major ConocoPhillips (COP.N) has seized products belonging to Venezuelan state oil company PDVSA from the Isla…
Brexit seen threatening UK links in EU supply chain
SHIPLEY, England (Reuters) – Mandy Ridyard knew Brexit was going to be a challenge for her aviation components firm, but…
Chemicals boss Ratcliffe tops Sunday Times Rich List
LONDON (Reuters) – Jim Ratcliffe, the founder and boss of chemical giant Ineos, is the richest man in the United…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…
Conoco authorized to seize $636 million in Venezuela PDVSA assets
WILLEMSTAD Reuters – – A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take…
Ford could reopen two U.S. truck plants next Friday: source
(Reuters) – Ford Motor Co (F.N) could resume production of its best-selling F-150 pickups as early as Friday, May 18…
China’s multi-story hog hotels elevate industrial farms to new levels
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla…
Insight: China’s multi-story hog hotels elevate industrial farms to new levels
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head…
Goldman Sachs, Apple to launch joint credit card: WSJ
(Reuters) – Goldman Sachs (GS.N) and Apple Inc (AAPL.O) are preparing to launch a joint credit card, the Wall Street…
Walmart to buy controlling stake in India’s Flipkart for $16 bln
MUMBAI/NEW YORK (Reuters) – Walmart Inc (WMT.N) will pay $16 billion for a roughly 77 percent stake in Indian e-commerce…
Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal
LONDON (Reuters) – Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and…
Jazz Pharmaceuticals to settle U.S. probe for $57 million
BOSTON (Reuters) – Jazz Pharmaceuticals Plc said on Tuesday it had agreed to pay $57 million to resolve a U.S.…
Updated Google virtual assistant makes complex calls for users
MOUNTAIN VIEW, Calif.(Reuters) – Alphabet Inc’s (GOOGL.O) Google on Tuesday showed off an updated virtual assistant that can call restaurants,…
Exclusive: Emirates facing cabin crew shortages – sources
DUBAI (Reuters) – Emirates is facing a cabin crew shortage and is struggling to fully staff some flights following a…
Exclusive: Hudson’s Bay seeks to revive Lord & Taylor’s fortunes
(Reuters) – Hudson’s Bay Co (HBC.TO) is working with investment bankers and consultants to identify deals and new measures to…
AstraZeneca sells rights for Seroquel to Luye Pharma for $538 million
LONDON (Reuters) – British pharma company AstraZeneca said it had sold the rights for Seroquel, a treatment for schizophrenia and…
Talks between Swiss Re and SoftBank close to collapsing: FT
ZURICH (Reuters) – Discussions between Swiss Re (SRENH.S) and SoftBank (9984.T) about the Japanese group potentially taking a stake in…
Planemakers risk order disruption as Etihad reviews strategy
DUBAI/PARIS/ABU DHABI (Reuters) – Airbus (AIR.PA) and Boeing (BA.N) are preparing for possible changes to dozens of plane orders from…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested…
Amazon unsuccessfully approached UK supermarket Waitrose in 2017: Sunday Times
LONDON (Reuters) – Amazon (AMZN.O) made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year,…
Buffett says U.S., China will avoid acting ‘extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will…
House of Fraser shareholder Sports Direct sues over business plan
LONDON (Reuters) – A minority shareholder of Britain’s House of Fraser, Sports Direct (SPD.L), is suing the department store chain…
Buffett’s Berkshire swings to rare loss but performs better
OMAHA, Neb. (Reuters) – Warren Buffett lost money but had a pretty good quarter. A shareholder takes a picture of…
Air France-KLM CEO to quit after staff reject pay deal
PARIS (Reuters) – Air France-KLM (AIRF.PA) CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay…