By Maggie Fick and Stine Jacobsen LONDON/COPENHAGEN (Reuters) – Novo Nordisk’s head of commercial strategy and corporate affairs, Camilla Sylvest, has decided to leave the company, the Danish drugmaker said on Thursday. Novo’s rare disease unit head, Ludovic Helfgott, who was already on the executive management team, will immediately assume the responsibility for product and …
Novo Nordisk’s head of commercial strategy steps down Read More »
PARIS (Reuters) – French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports. “Investments to come or investments announced in recent weeks should be suspended until things are clarified with the United States,” Macron said …
France’s Macron calls for suspension of investment in US after tariffs Read More »
MOSCOW (Reuters) – Russia’s leading agricultural firm, Rusagro, whose billionaire founder was arrested last week, announced on Thursday that it plans to maintain the export of products from its flagship oil and fats division at last year’s level. Prosecutors charged Rusagro’s founder, Vadim Moshkovich, with embezzlement in a case related to the company’s acquisition of …
Russia’s Rusagro plans to boost exports despite founder’s arrest Read More »
LONDON (Reuters) – The most active Comex futures for precious metals reduced their premium over the London spot prices on Thursday after Washington excluded the metals from broad U.S. import tariffs, easing stimulus to continue flying them to the United States. President Donald Trump announced reciprocal tariffs on Wednesday night that raise effective import taxes …
Exclusion from Trump’s tariffs reduces premium of New York precious metals over London Read More »
By Nell Mackenzie LONDON (Reuters) – Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable”. Further progress may be harder as financial firms and other companies try …
UK finance industry slow to hire women to top roles, report finds Read More »
By Helen Reid (Reuters) -Sportswear brand Puma said on Thursday former Adidas sales chief Arthur Hoeld would take over as CEO, replacing Arne Freundt due to what the company called “differing views on strategy execution”. Puma has struggled to boost sales and profitability for more than a year. Its pick for the top job marks …
Struggling Puma names former Adidas sales chief as CEO Read More »
By Padraic Halpin and Maggie Fick CARRIGTWOHILL, Ireland (Reuters) – As U.S. President Donald Trump takes aim at the mostly American-owned pharmaceutical factories that dot the Irish countryside, the people of Carrigtwohill are getting nervous. A cluster of high-tech plants offering well-paid jobs – the product of Dublin’s strategy of attracting multinationals with generous corporate …
Small-town Ireland nervous as Trump seeks to lure pharma investment to US Read More »
ZURICH (Reuters) – Switzerland’s government on Thursday described trade tariffs imposed on the country by U.S. President Donald Trump as incomprehensible, and vowed to stay in close communication with the European Union on how they proceed. Swiss President and Finance Minister Karin Keller-Sutter said she regretted that the U.S. was “turning further away from free …
Switzerland slams U.S. tariffs, stays close to EU over next steps Read More »
By Sukriti Gupta, Medha Singh and Lisa Pauline Mattackal (Reuters) – European shares tumbled on Thursday, notching their biggest daily loss in eight months, on fears an escalating trade war would slam the brakes on economic growth in the wake of hefty tariffs announced by U.S. President Donald Trump. The pan-European STOXX 600 sank 2.7%, …
European shares slump as investors grapple with tariff fallout Read More »
By Olivia Le Poidevin and Cecile Mantovani GENEVA (Reuters) – Swiss watch seller Sacha Davidoff was scrambling on Thursday to understand what new U.S. tariffs on Switzerland announced by President Donald Trump meant for the goods he was due to export from his shop in Geneva this week. “I made a deal and now we’re …
Swiss watch industry sees tough times ahead over Trump tariffs Read More »
