Company News

No-deal Brexit could deepen Europe’s shortage of medicines: experts

No-deal Brexit could deepen Europe’s shortage of medicines: experts

Published 12/08/2019

BRUSSELS (Reuters) - As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning that shortages of some medicines [more…]

Decentralizer Rosengren is ideal man to transform ABB, says chairman

Decentralizer Rosengren is ideal man to transform ABB, says chairman

Published 12/08/2019

ZURICH (Reuters) - ABB (ABBN.S) Chairman Peter Voser said he was convinced he had got the right man to transform the Swiss engineering group after [more…]

ABB’s largest shareholder pleased with new CEO appointment

ABB’s largest shareholder pleased with new CEO appointment

Published 12/08/2019

ZURICH (Reuters) - ABB’s (ABBN.S) largest shareholder Investor AB (INVEb.ST) is pleased with the appointment of Bjorn Rosengren as the new chief executive of the [more…]

Hong Kong mops up after weekend of violence, braces for more protests

Hong Kong mops up after weekend of violence, braces for more protests

Published 12/08/2019

HONG KONG (Reuters) - Metro stations in Hong Kong resumed regular service on Monday and streets were being cleaned of debris as the city recovered [more…]

Cathay Pacific shares slump after China cracks down on staff protests

Cathay Pacific shares slump after China cracks down on staff protests

Published 12/08/2019

BEIJING/HONG KONG (Reuters) - Shares in Cathay Pacific Airways (0293.HK) fell more than 4% to close to a 10-year low on Monday after the Hong [more…]

Hawkish Norway to press on with rate hikes after August pause:…

Hawkish Norway to press on with rate hikes after August pause:…

Published 12/08/2019

OSLO (Reuters) - Norway’s central bank is expected to keep interest rates on hold on Aug. 15 while signaling that a hike will likely follow [more…]

Goldman Sachs economists say fears rise that U.S.-China trade war…

Goldman Sachs economists say fears rise that U.S.-China trade war…

Published 11/08/2019

(Reuters) - Goldman Sachs Group Inc (GS.N) said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that [more…]

Sensor specialist AMS triggers bidding war for Germany’s Osram

Sensor specialist AMS triggers bidding war for Germany’s Osram

Published 11/08/2019

VIENNA (Reuters) - Austrian sensor specialist AMS (AMS.S) triggered a bidding war for Osram (OSRn.DE) on Sunday, saying it was ready to pay $3.8 billion [more…]

Russia tells Google not to advertise ‘illegal’ events after…

Russia tells Google not to advertise ‘illegal’ events after…

Published 11/08/2019

MOSCOW (Reuters) - Russia’s state communications watchdog has asked Google (GOOGL.O) to stop advertising “illegal mass events” on its YouTube video platform, it said on [more…]

BlackRock becomes Authentic Brands’ largest shareholder with $875…

BlackRock becomes Authentic Brands’ largest shareholder with $875…

Published 11/08/2019

(Reuters) - BlackRock Inc’s (BLK.N) new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake [more…]