Strides Pharma Consolidates European Business-to-Business Operations in Switzerland
· Market proximity of Strides Pharma International AG, based in Zug, Switzerland, opens the way for rapid ..
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Polish power-grid operator plans $15.4-billion investment by 2034
WARSAW (Reuters) – Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 a..
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Tullow Oil jumps after being exempt from $320 million tax
(Reuters) – Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 mi..
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Tesla’s China sales rise to record high in 2024, bucking global decline
BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..
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Trouble in China’s shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..
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Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..
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China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment a..
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Asian stocks rise, dollar at two-year high as US rates, Trump in focus
SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perc..
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Dollar headed for best week since November on US rates, economic outlook
SINGAPORE (Reuters) – The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expe..
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Stocks end strong year with a whimper as yields apply pressure
NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yields again contributed to a lackluster close in an o..
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BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
(Reuters) – BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest mov..
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Macron acknowledges error on early elections in New Year’s speech
PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that his decision to call early parliamentary election..
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Swiss central bank faces call to hold bitcoin in reserves
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative pub..
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Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt
MUNICH (Reuters) – Siemens AG is reviewing its majority stake in medical technology subsidiary Siemens Healthineers,, the Ge..
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Oil holds steady in thin holiday trade
LONDON (Reuters) -Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chine..
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European stocks slip as bond yields stay high
(Reuters) -European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the ..
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Shares muted in Asia, high yields test lofty valuations
SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity val..
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Yen hovers near 5-month low as BOJ’s cautious stance weighs
TOKYO (Reuters) – The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish ..
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Oil prices set for weekly gain on China stimulus optimism
(Reuters) – Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..
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Asian stocks drift, yen at 5-month low in thin year-end trading
SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month low..
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Oil prices edge higher on hopes for more China stimulus
TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China,..
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Dollar stays resilient, Asia shares get festive lift
SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the we..
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Santa Claus global flight to deliver presents underway
Santa Claus took off early Christmas Eve aboard his reindeer-powered sleigh to deliver presents around the world. That is according to..
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Euro zone bond yields rise to one-month high
LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to t..
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Polish e-commerce Allegro’s unit sues Alphabet for $568 million
GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google I..
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Asia shares rise, dollar underpinned by elevated bond yields
SINGAPORE (Reuters) – Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the gre..
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Dollar steady after benign US inflation eases worries over rates
SINGAPORE (Reuters) – The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing..
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Asia shares rally on US inflation relief
SYDNEY (Reuters) – Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further po..
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Australia’s Telstra sells most of its Foxtel stake to DAZN
(Reuters) – Australian telecom firm Telstra said on Monday it had sold a 35% stake in Australian cable TV and streaming unit..
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Asian shares pinned near three-month lows, dollar towers at 2-yr peak
SYDNEY (Reuters) – Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data tha..
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Dollar set to end week on a high, yen at five-month low
SINGAPORE (Reuters) – The dollar was set to cap the week on a strong note on Friday as it was perched near a two-year high b..
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In weight loss battle, Novo and Lilly face growing offensive from licensed copies
SHANGHAI (Reuters) – As Novo Nordisk and Eli Lilly expand sales of their popular diabetes and weight-loss drugs, cheaper cop..
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Asian stocks slide after Fed flags slower rate cuts, BOJ stands pat
SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve c..
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Britain seeks to beef up Ofgem energy regulator’s powers
LONDON (Reuters) – Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country..
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Oil falls on demand concerns after Fed signals slower easing ahead
BEIJING (Reuters) – Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow..
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Banks, oil stocks knock European shares to two-week lows
(Reuters) -Europe’s STOXX 600 fell to two-week lows on Tuesday, pressured by losses in energy and bank stocks, as investors awai..
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Eutelsat announces contract with Airbus for 100 satellites
(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellat..
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