By Sachin Ravikumar LONDON (Reuters) – It took Ed Roberts over a year to find a senior scientist to work at his cancer research laboratory in Scotland, a delay he blames on high UK visa costs that made it harder to attract international workers. Scientific academy the Royal Society says UK immigration fees for foreign …
High UK visa costs deter international scientists and engineers Read More »
By Leo Marchandon (Reuters) – Advertising giant Publicis on Tuesday reaffirmed its annual guidance, attributing its optimism to steady client spending in the midst of the global trade war and an influx of new business. Publicis reported a 9.4% increase in net revenue for the first quarter, driven by new business wins from major clients …
Publicis on track to meet yearly forecasts, buoyed by major client wins Read More »
COPENHAGEN (Reuters) – Denmark’s DSV said on Tuesday it had fulfilled all closing conditions, including getting the necessary regulatory approvals, for its 14.3 billion euro ($16.2 billion) acquisition of German rival Schenker. DSV expects to complete the transaction on April 30, it said in a statement. The Danish company announced the deal to buy the …
DSV clears regulatory hurdles for $16.2 billion Schenker deal Read More »
By Akash Sriram, Nathan Vifflin (Reuters) -Big Tech and auto shares rose after the U.S. removed smartphones and other electronics from its tariffs on China over the weekend, and after President Donald Trump added new wrinkles into his vacillating trade policy on Monday by suggesting he might grant exemptions on auto-related levies already in place. …
Tech, auto shares gain as Trump floats more tariff exemptions amid confusion Read More »
LONDON (Reuters) – Britain said on Tuesday it could keep the country’s last steel blast furnaces burning for at least the next few weeks after securing a delivery of fuel – the latest step in a last-gasp government scramble to save domestic virgin steel production. The government had been racing to secure enough coking coal …
Britain secures fuel shipment to keep its last steel blast furnaces alight Read More »
By Matthias Inverardi and Tom Sims DUESSELDORF/FRANKFURT (Reuters) -Germany’s antitrust authorities on Monday approved UniCredit’s plans to own just under 30% of Commerzbank, removing a further obstacle to the Italian lender’s ambition to take over its German competitor. The decision by the Federal Cartel Office was expected and follows a similar green light by the …
UniCredit gets German cartel office nod on big Commerzbank stake Read More »
(Reuters) – U.S.-based buyout firm Atlas Holdings is in advanced talks to take over Banknote printer De La Rue for about 130 pence per share, Sky News reported on Monday. The deal recommended by De La Rue’s board was likely to be announced as early as Tuesday morning, the report added, citing a shareholder. The …
By Jody Godoy WASHINGTON (Reuters) -Meta Platforms CEO Mark Zuckerberg took the stand on Monday at a high-stakes trial in Washington over U.S. antitrust enforcers’ claims that the company spent billions of dollars to acquire Instagram and WhatsApp to fend off Facebook competitors. The FTC is seeking to force Meta to restructure or sell Instagram …
Meta’s Zuckerberg disputes US antitrust case in trial testimony Read More »
BRUSSELS (Reuters) – The European Union is seeking a fair deal on tariffs with the United States, European Trade Commissioner Maros Sefcovic said on Monday, adding that this would require a “significant joint effort” on both sides. “In DC,… seizing the 90-day window for a mutual solution to unjustified tariffs,” Sefcovic wrote on X after …
EU trade chief seeks joint effort with U.S. on fair tariff deal Read More »
By Mimosa Spencer, Tassilo Hummel PARIS (Reuters) -LVMH’s first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world’s largest luxury group said on Monday. The 3% decline in first-quarter sales – well below analyst expectations for 2% growth in January …
LVMH misses sales forecast as core business slumps in first quarter Read More »
