(Reuters) -Assura said on Monday it would consider a 1.61 billion pound ($2.1 billion) offer from U.S. private equity group KKR and Stonepeak Partners, pushing shares of the British healthcare real estate investment trust up 14%. Assura’s shares jumped to about 46.5 pence, still just over half of their peak price of 88 pence in …
UK’s Assura shares rise on $2.08 billion bid from KKR, Stonepeak Read More »
(Reuters) -German COVID-19 vaccine maker BioNTech on Monday said that its 2025 revenues would likely fall to between 1.7 billion euros ($1.85 billion) and 2.2 billion euros, prompting a decline in its share price. The guidance compares with revenues of 2.75 billion euros reported for last year and with an average analyst estimate of about …
BioNTech guides for worse-than-expected 2025 revenue decline Read More »
BERLIN (Reuters) – More budget spending in Germany is justified given extraordinary circumstances but a host of other measures are needed to prop up the economy as growth lags the rest of the EU, Bundesbank President Joachim Nagel said on Monday. The parties expected to form Germany’s next government unveiled plans last week to relax …
More German spending justified but it is not a cure all, Bundesbank warns Read More »
(Reuters) -Britain’s Alliance Pharma said on Monday it has agreed to a sweetened final cash proposal from asset management firm DBAY Advisors, valuing the healthcare group at about 362 million pounds ($467.5 million). The revised 64.75 pence-per-share proposal is a 3.6% increase from the previous bid of 62.5 pence, and represents a premium of 46% …
UK’s Alliance Pharma accepts DBAY’s sweetened final offer Read More »
By Corina Pons MADRID (Reuters) – Spanish hotel chain Melia is buying property to accommodate seasonal workers who can’t afford to rent in tourism hot spots as a housing crisis risks causing labour shortages in the country’s tourism industry, its CEO Gabriel Escarrer said. Melia, Spain’s biggest hotel chain, has bought a former hostel on …
Spanish hotel chain Melia buys housing for its workers as rents surge Read More »
By Andrey Sychev and Amir Orusov (Reuters) -A cautious sales outlook for the commercial vehicle market in 2025 amid a weak global economy sent shares of Volkswagen’s truck unit Traton falling on Monday. The Scania owner’s shares were down 5% at 1055 GMT, also dragging down peers Daimler Truck and Volvo. The truck maker forecast …
VW’s Traton sees tepid truck market in 2025, shares fall Read More »
(Reuters) – HSBC on Monday downgraded U.S. equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms. The brokerage lowered U.S. equities to “neutral” and raised rating on European stocks, excluding UK stocks to “overweight” from “underweight.” The Trump administration’s massive moves on trade and other …
HSBC downgrades US stocks, turns bullish on European equities Read More »
By Yadarisa Shabong (Reuters) – The British pound further eased against the euro and hovered at one-and-a-half month lows on Monday following its biggest weekly loss in over two years versus the shared currency, though it steadied against the U.S. dollar. The euro has had a strong run over the past week after Germany’s game-changing …
British pound extends losses versus euro, steadies against dollar Read More »
LIVERPOOL, England (Reuters) – Liverpool have signed a multi-year kit deal with Adidas beginning next season that will replace sportswear manufacturer Nike, in what British media reports say is a five-year agreement worth more than 60 million pounds ($77.36 million) per year. The club have worn Adidas twice before, from 1985 to 1996 and from …
Soccer-Liverpool sign multi-year deal with Adidas to replace Nike Read More »
(Reuters) – Spanish bank BBVA said on Monday it received approval from the country’s securities regulator to offer bitcoin and ether trading services in Spain. The bank is set to launch a service that will allow its clients to securely purchase, sell, and handle bitcoin and ether transactions via its app. (Reporting by Disha Mishra …
Spanish lender BBVA to offer bitcoin and ether trading Read More »
