Reuters UK Business

By Patrick Wingrove and Mariam Sunny (Reuters) -Moderna said on Friday that the U.S. FDA paused a late-stage trial of its experimental norovirus vaccine after a case of a rare neurological side effect was reported. The trial of the vaccine, dubbed mRNA-1403, was put on clinical hold following a single adverse event report of a …

Moderna norovirus vaccine trial on hold by US FDA over neurological side effect Read More »

By Giulio Piovaccari and Elvira Pollina MILAN (Reuters) -Shares in Italy’s top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder, without disclosing the size of its stake. Turin-based Juventus is controlled by Italy’s Agnelli family through their investment company Exor, which holds a 64% stake in …

Italy’s Juventus shares rise after crypto firm Tether buys stake Read More »

By Nikhil Sharma and Johann M Cherian (Reuters) -Europe’s main stock index closed lower on Friday, as investors paused following four successive sessions of gains, while luxury stocks advanced after robust earnings from Birkin bag maker Hermes. The pan-European STOXX 600 index settled down by 0.3%, after closing the previous four sessions at record high …

European shares log longest weekly streak of advances in a year Read More »

(Reuters) -British stocks ended mixed on Friday, dragged down by the pharma sector and a stronger sterling hurting the export-oriented index, while encouraging earnings from XP Pensions provided a lift to the midcap index. The export-heavy FTSE 100 dropped 0.4%, after achieving record highs for three consecutive sessions earlier this week. However, the index gained …

London’s FTSE 100 dips as stronger pound weighs Read More »

MILAN (Reuters) – Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros ($1.26 billion), two sources with direct knowledge of the matter said on Friday. News of the investigation broke last year, but the details over its extent emerged on Friday, first reported by …

Italy investigates Amazon over alleged 1.2 billion euro tax evasion Read More »

By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) – French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite from wealthy consumers for its most expensive items including Birkin bags, which cost upwards of $10,000. Posting quarterly sales up by around 18%, Hermes continues to outshine rivals like LVMH …

Birkin bag maker Hermes extends lead over rivals with end-of-year sales surge Read More »

By Jonathan Stempel NEW YORK (Reuters) – Ben & Jerry’s accused its parent Unilever of demanding its silence toward U.S. President Donald Trump, as it prepares to spin off the ice cream brand later this year. In a Thursday night filing in Manhattan federal court, Ben & Jerry’s said Unilever ice cream chief Peter ter …

Ben & Jerry’s says parent Unilever mandating silence on Trump Read More »