Headlines

US FDA still not satisfied with Philips recall; stock falls over 9%

US FDA still not satisfied with Philips recall; stock falls over 9%

AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied with how Dutch healthcare technology c..

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 infl..

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 d..

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 str..

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 ge..

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?

LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply

HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain de..

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance

LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform

LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share t..