Corporate Events

Roche enters $1.15 billion licensing deal for Sarepta gene therapy

Roche enters $1.15 billion licensing deal for Sarepta gene therapy

Published 23/12/2019

ZURICH (Reuters) - Roche (ROG.S) entered into a $1.15 billion licensing agreement with Sarepta Therapeutics (SRPT.O) to obtain the right to launch and commercialize Sarepta’s [more…]

Electrolux sees extra U.S. costs hitting fourth quarter earnings

Electrolux sees extra U.S. costs hitting fourth quarter earnings

Published 16/12/2019

STOCKHOLM (Reuters) - Appliance maker Electrolux AB (ELUXb.ST) said on Sunday its North American business would take a higher than forecast $70 million earnings hit [more…]

Silver Lake appoints Egon Durban, Greg Mondre as first co-CEOs

Silver Lake appoints Egon Durban, Greg Mondre as first co-CEOs

Published 02/12/2019

(Reuters) - Private equity firm Silver Lake on Monday named company veterans Egon Durban and Greg Mondre to the newly formed roles of co-chief executive [more…]

German manufacturing contraction eases in November

German manufacturing contraction eases in November

Published 02/12/2019

BERLIN (Reuters) - Germany’s export-dependent manufacturing sector contracted at a slower pace for the second month in a row in November, a survey showed on [more…]

Euro zone inflation rises quicker than expected in November

Euro zone inflation rises quicker than expected in November

Published 29/11/2019

BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank [more…]

Equities back in favor for sovereign investors in third quarter

Equities back in favor for sovereign investors in third quarter

Published 20/11/2019

LONDON (Reuters) - Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and [more…]

Airbus-backed tournament unveils first electric racing aircraft

Airbus-backed tournament unveils first electric racing aircraft

Published 17/11/2019

(Reuters) - An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world’s first, as the European planemaker seeks to [more…]

Apple co-founder says Apple Card algorithm gave wife lower credit limit

Apple co-founder says Apple Card algorithm gave wife lower credit limit

Published 11/11/2019

(Reuters) - Apple Inc (AAPL.O) co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker’s [more…]

UBS cutting up to 30 banking jobs in Asia Pacific: source

UBS cutting up to 30 banking jobs in Asia Pacific: source

Published 21/10/2019

HONG KONG (Reuters) - UBS (UBSG.S) will cut up to 30 jobs in the major centres of Hong Kong, Singapore, Sydney and Tokyo after combining [more…]

HSBC to cut up to 10,000 jobs in drive to slash costs: FT

HSBC to cut up to 10,000 jobs in drive to slash costs: FT

Published 07/10/2019

(Reuters) - HSBC Holdings Plc (HSBA.L) is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive Officer [more…]