Reuters UK Business

By Bhanvi Satija LONDON (Reuters) -WeightWatchers’ CEO said on Wednesday it planned to offer Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker. The collaboration is a potential boost for WeightWatchers as it emerges from bankruptcy and highlights its …

WeightWatchers to offer Novo Nordisk’s Wegovy pill after 2026 launch Read More »

By Valentina Za MILAN (Reuters) -Italy’s UniCredit is trying to comply with international sanctions in relation to its Russian unit while also avoiding moves that could prompt Moscow to seize the business, CEO Andrea Orcel said on Thursday. Speaking at a European Central Bank Forum on bank supervision, Orcel said that trying not to breach …

UniCredit striving to avoid nationalisation of Russian unit, CEO says Read More »

By Jan Lopatka PRAGUE (Reuters) -The Czech central bank said on Thursday it had bought $1 million of bitcoins and other blockchain-based digital assets to gain experience with digital markets, and will evaluate the project in two to three years. The portfolio is mostly made up of bitcoins, but also includes U.S. dollar-based stablecoins and …

Czech central bank buys $1 million in bitcoin, other crypto assets for testing Read More »

By Vera Eckert FRANKFURT (Reuters) -German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs. The company revised its full-year earnings before interest and taxes …

Hapag-Lloyd pledges to address costs as nine-month profit drops 50% Read More »

By Mimosa Spencer PARIS (Reuters) -A surge in luxury stocks has piled pressure on fashion houses including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate into a sustained turnaround in the key holiday season. Kering’s shares have soared around 49% from three months ago, while Louis …

Holiday test looms as luxury brands chase elusive rebound Read More »

(Reuters) -France’s TotalEnergies is weighing the sale of some renewable energy assets in Asia to reduce its debt, a company spokesperson said on Thursday. The assets could be valued at several hundred million dollars in the sale, the spokesperson said as they confirmed the news first reported by Bloomberg. “We are focusing our strategy on …

TotalEnergies weighs sale of some Asian renewable energy assets Read More »

By Sarah Young and Alistair Smout LONDON (Reuters) -Britain selected North Wales for its first small nuclear power station on Thursday, angering the United States which had wanted a large, U.S.-led plant built there as part of its greater involvement in the UK’s energy sector. Britain has backed the development of small modular reactors (SMR) …

UK to build its first mini nuclear power station in north Wales, angering Washington Read More »