(Reuters) – Shares in Wolters Kluwer fell around 9% on Wednesday after the Dutch information services firm said its long-time CEO Nancy McKinstry would retire early next year. The longest-serving chief executive among Dutch blue-chip companies, McKinstry has been the CEO of Wolters Kluwer since 2003. She will retire in February 2026, the company said. …
Wolters Kluwer’s long-time CEO McKinstry to retire, shares tumble Read More »
(Reuters) – Drugmaker AstraZeneca on Wednesday said that its experimental breast cancer treatment improved patient survival without the disease getting worse in a study, a positive outcome in the development of the therapy key to the company’s pipeline. Camizestrant, in combination with a standard of care agent designed to suppress proteins that spur tumour growth, …
AstraZeneca therapy improves breast cancer survival in key trial Read More »
MADRID (Reuters) – Spain’s stock market supervisor CNMV will wait for the government’s decision and the competition watchdog’s review of BBVA’s hostile bid for Sabadell before deciding on the potential authorisation of the takeover prospectus, CNMV chief Carlos San Basilio said on Wednesday. In November, the antitrust watchdog said that BBVA’s all-share offer for Sabadell, …
Spain’s market supervisor will wait for government to decide on BBVA-Sabadell deal Read More »
By Joan Faus BARCELONA (Reuters) -Spain’s Cellnex, Europe’s largest mobile phone tower operator, will launch a share buyback programme worth 800 million euros ($840 million) on March 3 after closing the sale of its Ireland business, hoping this will help boost its share price as it continues to cut debt. CEO Marco Patuano said on …
Cellnex to launch share buyback next week, seeks growth in current markets Read More »
BUDAPEST (Reuters) – Hungary’s economic growth this year is likely to come in between 2% and 3%, below the official government forecast of 3.4%, Prime Minister Viktor Orban’s chief of staff said in a podcast on news site 24.hu on Wednesday. Gergely Gulyas said gross domestic product growth could be below the official forecast due …
Hungary economy may grow 2%-3% this year, below forecast in budget, official says Read More »
(Reuters) – Britain’s ASOS on Wednesday laid out a plan to restructure its business by merging its commercial and customer functions as the retailer navigates a tough business environment. To boost growth, the online fashion retailer has launched a dedicated cross-functional team to ensure its brands, Topshop and Topman, could operate standalone, it said in …
By Isabel Demetz (Reuters) – German packaging and medical equipment maker Gerresheimer, which makes pens used to inject weight loss drugs such as Novo Nordisk’s Wegovy, halved its revenue guidance for 2025 on Wednesday. The company now expects organic revenue growth in the range of 3% to 5% in 2025, down from the previous range …
Gerresheimer slashes revenue guidance for 2025 in half Read More »
By Christoph Steitz and Tom Käckenhoff ESSEN, Germany (Reuters) – E.ON, Europe’s largest operator of energy networks, on Wednesday heaped pressure on Germany’s incoming government to hike returns on energy networks, warning it could only raise investment if margins were competitive. The comments add to the long list of issues Berlin’s next government, likely headed …
Germany’s E.ON urges new government to fix power grid returns Read More »
By Gianluca Lo Nostro (Reuters) – The CEO of European satellite company SES said on Wednesday it will be up to the U.S. Federal Communications Commission (FCC) to decide on freeing up additional C-band spectrum that could be allocated to Space X’s Starlink. The U.S. Federal Communications Commission will consider on Thursday whether it will …
Europe’s SES says up to FCC to free up satellite spectrum for Starlink Read More »
By Stefano Rebaudo (Reuters) – Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government’s pledge to increase military spending. The U.S. dollar edged up from its 11-week low on Wednesday as U.S. Treasury yields bounced back after recent declines. British Prime Minister Keir Starmer said …
Sterling edges lower versus dollar, eyes on military spending Read More »
