The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »
Swiss drugmaker Roche’s logo is seen at their headquarters in Basel, Switzerland January 28, 2016. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Scientists at Swiss drugmaker Roche said on Friday they may have discovered why some tumors resist new immunotherapy dru... More »
FILE PHOTO: The logo of Swiss pharmaceutical company Roche is seen outside their headquarters in Basel, Switzerland, January 30, 2014. REUTERS/Ruben Sprich/File Photo ZURICH (Reuters) – Adding Roche’s (ROG.S) immunotherapy Tecentriq to older drugs doubled the ... More »
Rodents have joined mosquitoes in the cross-hairs of scientists working on a next-generation genetic technology known as "gene drive" to control pests. More »
The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »
French farmer Marc Leprince pulls up a dead weed in an alfalfa field non-treated with weedkillers during an interview with Reuters in Greneville-en-Beauce, France, November 30, 2017. Picture taken November 30, 2017. REUTERS/Christian Hartmann NIOVILLE, France ... More »
FILE PHOTO – U.S. Administrator of the Centers for Medicare and Medicaid Services (CMS) Seema Verma (C) is joined by Concerned Women for America CEO Penny Nance (L) as she talks to reporters about President Trump’s signing of House Resolution 43, which allows ... More »
Tezos co-founder and CTO Arthur Breitman and his wife and co-founder Kathleen Breitman respond to questions during the Money 20/20 conference in Las Vegas, Nevada, U.S. on October 24, 2017. REUTERS/Steve Marcus – RC1BF6690CD0 NEW YORK/ZURICH (Reuters) – The co... More »
FILE PHOTO: Genmab Chief Executive Jan van de Winkel poses for a photograph in London, Britain, October 13, 2016. REUTERS/Ben Hirschler/File Photo LONDON (Reuters) – Genmab (GEN.CO) was Europe’s second biggest biotech company, until its partner Johnson & Johns... More »
LONDON, (Reuters) – Doctors in France have found the first evidence that a drug normally used to treat lung, kidney or skin cancer may be able to eradicate HIV-infected cells in people with the AIDS virus. In a case described as potentially exciting by scienti... More »
FILE PHOTO: A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010. REUTERS/Joe Skipper (Reuters) – Squeezed by lower loan growth as interest rates finally begin to rise, regional U.S. banks have been giving more financial advi... More »
Julius Baer (BAER.S) said CEO Boris Collardi unexpectedly resigned at the weekend to take a new role at rival Pictet Group, and appointed its top risk officer to replace him "for the foreseeable future". More »
Nov 26, 2017- Lake Louise, Alberta, CAN- Kjetil Jansrud of Norway takes the podium in the finish area after his run during the men’s Super G race in the FIS alpine skiing World Cup at Lake Louise Ski Resort. Mandatory Credit: Sergei Belski-USA TODAY Sports (Re... More »
FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland October 29, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Clariant (CLN.S) on Friday rejected its largest shareholder White Tale’... More »
Formula One F1 – Brazilian Grand Prix 2017 – Sao Paulo, Brazil – November 12, 2017 McLaren’s Fernando Alonso ahead of the Brazilian Grand Prix REUTERS/Ueslei Marcelino ABU DHABI (Reuters) – Double world champion Fernando Alonso has become the first Formula One... More »
LEVERKUSEN, Germany (Reuters) – Bayer is seeking to defend its pharmaceuticals business that will be diluted in importance by the takeover of Monsanto and faces a threat to revenues in 2024 when the blockbuster heart drug Xarelto loses its patent. The firm’s p... More »
A general view shows the aerial subway and the city rooftops in Paris February 24, 2015. REUTERS/Gonzalo Fuentes PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks af... More »
FILE PHOTO: FILE PHOTO: Swiss drugmaker Roche’s logo is seen at their headquarters in Basel, Switzerland January 28, 2016. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Roche announced a double dose of trial wins on Monday, saying its immunotherapy Tecen... More »
NEW YORK/LONDON/CARACAS (Reuters) – Venezuela’s efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors’ distress cou... More »
FILE PHOTO: Monsanto’s research farm is pictured near Carman, Manitoba, Canada August 3, 2017. REUTERS/Zachary Prong/File Photo (This Nov 9 story corrects paragraph 11 to remove phrase at end to show Spiegelhalter did NOT say the possible association with AML ... More »
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – London hedge fund giant Lansdowne Partners lost $100 million from a ... More »
FILE PHOTO: A model poses with a 37.30 carat “The Raj Pink”, the world’s largest known fancy intense pink diamond, during a Sotheby’s preview in Geneva, Switzerland November 8, 2017. REUTERS/Denis Balibouse/File Photo GENEVA (Reuters) – A large pink diamond, r... More »
A digital pill with an embedded sensor to track if patients are taking their medication. REUTERS/Proteus Digital Health (Reuters) – U.S. regulators have approved the first digital pill with an embedded sensor to track if patients are taking their medication pr... More »
The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. More »
A bank in Nepal is the latest victim in a string of cyber heists, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. More »
Swiss prosecutors have dropped an investigation of film director Roman Polanski after finding the statute of limitations did not allow pursuing allegations by a former German actress and model that he raped her in 1972 when she was 15 years old. More »
U.S. Commerce Secretary Wilbur Ross has kept investments in a shipping firm with significant business ties to Russian President Vladimir Putin's inner circle, U.S. media reported on Sunday, citing leaked documents from an offshore law firm. More »
Shalane Flanagan became the first American woman to win the New York City Marathon in 40 years when she claimed a dominant victory over Kenyan three-times champion Mary Keitany on Sunday. More »
Some 250 art works from a huge trove hoarded by a collector during the Nazi era went on display in Germany for the first time on Thursday, as its curators pursue efforts to find the rightful owners of pieces identified as looted. More »
Scientists have identified a new species of great ape on the Indonesian island of Sumatra, finding that a small population of orangutans inhabiting its Batang Toru forest merits recognition as the third species of these shaggy reddish tree dwellers. More »
Some 150 art works from a massive trove amassed by a German collector during the Nazi era went on public display for the first time on Wednesday in the Swiss capital, amid lingering questions about the origins of the collection. More »
A seven-year-old girl who ran away from her parents managed to take a train to Geneva airport and board a plane despite having no ticket. More »
Activist investor White Tale on Monday demanded three seats on Clariant's board and an independent strategic review of the Swiss speciality chemicals group after thwarting its plans to merge with U.S. peer Huntsman in a $20 billion deal. More »
U.S. tech firms such as Facebook Inc and Twitter Inc should be more aggressive in tackling extremism and political misinformation if they want to avoid government action, a report from the World Economic Forum said on Monday. More »
The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion bet that insurers can drive down high U.S. drug prices by cutting out the middleman. More »
UBS AG (UBSG.S) will pay a $3.5 million civil fine to settle U.S. Securities and Exchange Commission claims that it overcharged customers on mutual funds, the regulator said on Friday. More »
Swiss specialty chemicals maker Clariant and U.S. group Huntsman abandoned their $20 billion merger on Friday, notching a win for activist investors who fought the deal for months on the grounds it would destroy shareholder value. More »
Swiss specialty chemicals maker Clariant and Huntsman have agreed to abandon their proposed $20 billion merger, bowing to a growing number of shareholders who had joined activist investor White Tale to oppose the deal. More »
Activist investors who oppose Swiss specialty chemicals maker Clariant's proposed $20 billion merger with U.S.-based Huntsman have boosted their stake to 20 percent, the Swiss stock exchange said on Friday, after Reuters reported the increased holding on Thurs... More »
President Bashar al-Assad and his family have no role in the future of Syria, U.S. Secretary of State Rex Tillerson said on Thursday ahead of peace talks aiming at a political transition scheduled to resume next month. More »
Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly quarter on record. More »
Activist investors seeking to block specialty chemical maker Clariant's $20 billion merger with Huntsman Corp have boosted their stake in the Swiss group above 20 percent, triggering an official disclosure filing, a source familiar with the matter said. More »
Nearly one million Rohingya refugees who have fled violence in Myanmar are now in Bangladesh, which is an "untenable situation", Bangladesh told a U.N. meeting on Monday. More »
European shares were flat on Monday with banks weighing and Madrid's bourse lagging its peers as Catalonia's political crisis deepened. More »
The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. More »
Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. More »
Novartis on Monday said the U.S. Food and Drug Administration has granted breakthrough therapy status to the combination of Tafinlar and Mekinist to treat patients with BRAF V600-positive stage III melanoma following surgery. More »
Team by team analysis of Sunday's U.S. Grand Prix (listed in championship order): More »
Zimbabwean President Robert Mugabe has been removed as a goodwill ambassador, the World Health Organization said on Sunday, following outrage among Western donors and rights groups at his appointment. More »
The World Health Organization (WHO) should overturn its decision to appoint Zimbabwean President Robert Mugabe as a goodwill ambassador, global health leaders said on Saturday, describing the move as unjustifiable and wrong. More »
Billionaire investor Daniel Loeb's hedge fund Third Point LLC bought a stake in Dover Corp during the third quarter and is urging the industrial conglomerate to sell off its energy business among other things. More »
Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CSGN.S) into three parts, the Financial Times reported on Monday. More »
The Pink Raj, an intense pink diamond described by experts as the world's largest, is expected to fetch up to $30 million when it is auctioned in Geneva next month. More »
BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. More »
European shares hit their highest in nearly four months on Friday, helped by gains in Bayer after an asset sale deal paving the way for the German drugmaker's $66 billion acquisition of Monsanto. More »
Maria Sharapova swatted aside Swiss qualifier Stefanie Voegele 6-3 6-1 in just over an hour at the Tianjin Open on Friday to reach her second semi-final since returning from a 15-month doping ban. More »
The Red Bull-owned Toro Rosso Formula One team could be facing yet another driver change amid uncertainty about Pierre Gasly's availability for next week's U.S. Grand Prix. More »
The Trump Administration threw its support behind a public-private partnership with 11 drug companies to advance a new class of drugs that uses the body's immune system to fight cancer. More »
While London's sewers can get clogged with fatbergs made up of grease and diapers, it seems Switzerland's waste system is flecked with silver and gold. More »
Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. More »
The U.S. dollar index rose to seven-week highs on Thursday as data pointed to solid U.S. growth, a day before Friday's highly anticipated jobs report for September. More »
The man who helped expose Russia's massive doping regime says the International Olympic Committee (IOC) is still in denial over the performance-enhancing drug use and would rather sweep it under the carpet than take meaningful action. More »
A former German actress and model has told Swiss authorities that film director Roman Polanski raped her at his mountain chalet in 1972 when she was 15 years old, local prosecutors said on Wednesday. More »
A trio of Swiss, American and British scientists won the 2017 Nobel chemistry prize on Wednesday for developing cryo-electron microscopy, allowing researchers to see biological molecules frozen in action. More »
EFG International's Joachim Straehle is stepping down as chief executive after some 2-1/2 years, during which time the Swiss private bank acquired troubled BSI Bank from Brazil's BTG Pactual. More »
Swiss bank UBS (UBSG.S) could shed almost 30,000 workers in the years ahead due to technological advances in the banking industry, Chief Executive Sergio Ermotti said in a magazine interview. More »
European shares hovered around three-month highs on Tuesday as a sell-off in Spanish stocks eased and financials gained following another record-breaking session on Wall Street. More »
Rohingya Muslims in Bangladesh were skeptical on Tuesday about their chances of ever going home to Myanmar, even though the government there has given an assurance it would accept people verified as refugees. More »
A seasonal flu vaccine that would be the first in the world to fight all types of the virus is to be tested in a two-year clinical trial involving more than 2,000 patients by researchers in Oxford. More »
The dollar climbed for a second consecutive day on Tuesday as a strong reading for U.S. manufacturing activity pushed bond yields higher, prompting investors to trim some of their extreme short bets against the greenback. More »
Israel's Bank Hapoalim said on Tuesday the amount it may have to pay in a future settlement with U.S. authorities in a tax evasion probe could be "significantly higher" than previously thought and the provision for it may have to be raised. More »
European stocks, propelled by a weaker euro, were heading for their best monthly gains this year on Friday, but Volkswagen shares sank on further provisions for its diesel scandal settlements. More »
The U.S. Food and Drug Administration (FDA) has granted priority review for Roche's Perjeta in combination with Herceptin and chemotherapy for treating HER2-positive early breast cancer after surgery, Roche said on Friday. More »
Emmy-winning comedic actress Julia Louis-Dreyfus said on Thursday that she was battling breast cancer and highlighted the case for universal healthcare. More »
The U.S. Food and Drug Administration said on Thursday it approved an Eli Lilly and Co drug to treat advanced breast cancer that has progressed following prior treatment. More »
Argentina's securities regulator said on Wednesday it had approved a rule allowing licensed advisers to invest citizens' funds in overseas assets, a move seen as key to attracting private banks to set up shop in the South American country. More »
UBS (UBSG.S), the world's largest wealth manager, is convinced its new online private bank needs to get bigger. Now it needs to work out how. More »
European shares edged down on Monday as investors took a cautious view of the upcoming coalition tussle in Germany following elections in which Chancellor Angela Merkel secured a fourth term but saw her party weakened by a surge in support for the far-right. More »
The euro snapped a two-day rising streak and edged lower on Monday after the German election results prompted some investors to lock profits into one of the most profitable currency trades of the year. More »
Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion on a bet that it can improve lackluster margins at the unit over the next five years, the Swiss engineering company said on Monday. More »
Katie Zaferes led an American one-two at the first women's triathlon Super League on Sunday after a weekend of high-octane racing across various formats in the sport's newest competition. More »
Roche immunotherapy Tecentriq has won European Union approval for treating advanced lung and bladder cancer, the Swiss drugmaker said. More »
The U.S. Food and Drug Administration has declined to approve Johnson & Johnson's rheumatoid arthritis drug sirukumab, saying additional clinical data is needed to further evaluate its safety, the company said on Friday. More »
The National Gallery in London on Thursday won the dismissal of a lawsuit in which three grandchildren of a muse of the artist Henri Matisse sought to recover a painting they said was stolen shortly after World War Two. More »
Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back. More »
Ai Wei-Wei denounced China's crackdown on lawyers and free speech on Wednesday but saw little hope that the upcoming Communist Party Congress would lead to more freedoms. More »
Geneva prosecutors are investigating after toilets in a bank and three restaurants were blocked by about $100,000 in high-denomination euro banknotes, they said on Monday. More »
Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. More »
Credit Suisse has set up a new department to nurture socially conscious investing, the latest effort by a major bank to cater for growing demand for so-called impact investing. More »
Swiss money manager GAM Holding AG named Adrian Gosden investment director. More »
YuMi the humanoid robot showed no signs of nerves on Tuesday night as it raised its baton to conduct the Lucca Philharmonic orchestra alongside Italian tenor Andrea Bocelli. More »
European shares rose on Monday, led by insurers as the downgrade of Hurricane Irma in the United States raised the prospect that costs for the industry may be lower than initially feared. More »
The U.N. Security Council is set to vote on Monday on a watered-down U.S.-drafted resolution to impose new sanctions on North Korea over its latest nuclear test, diplomats said, but it was unclear whether China and Russia would support it. More »
Roche shares fell in early trading on Monday after trial failures added to the Swiss drugmaker's challenge of replacing patent-expired medicines with lucrative new drugs. More »
As Hurricane Irma battered Florida, the cream of the insurance world -- gathered under the Mediterranean sun in Monte Carlo -- was assessing the costs of the storm for the global industry. More »
Janssen Sciences Ireland UC, a unit of Johnson & Johnson, said it would discontinue further development of its hepatitis C research, citing increased availability of a number of effective hepatitis C therapies. More »
Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars' worth of property damage in less than two weeks. More »
Rafa Nadal has long been king of the Paris clay but he was just as dominant on New York hardcourt on Sunday as he collected grand slam title number 16 with a clinical demolition of Kevin Anderson in the U.S. Open final. More »
Belonging to a generation of era-defining champions is of greater importance to Spanish juggernaut Rafa Nadal than his long-term rivalry with Roger Federer. More »
