Reuters UK Business

BERLIN (Reuters) – Commerzbank’s supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank’s surprise purchase of a hefty stake in the German lender, Handelsblatt newspaper reported. “It’s like any relationship: if the start is unsuccessful, it will be difficult,” Weidmann told Handelsblatt in an …

Commerzbank chairman sees little chance of amicable UniCredit merger, report says Read More »

By Sam Tobin LONDON (Reuters) – Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday. The U.S. tech company is facing a mass lawsuit brought on behalf of around 20 …

Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants Read More »

(Reuters) -British drugmaker GSK said on Monday that it would pay up to $1.15 billion to buy Boston-based biopharmaceutical firm IDRx, which is developing a treatment for a rare type of tumour. IDRx, a privately held biotechnology firm, is developing a therapy for the treatment of gastrointestinal stromal tumours. The deal, which comprises an upfront …

GSK to buy US biotech firm IDRx for up to $1.15 billion Read More »

By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to Elon Musk’s X just as the U.S. billionaire ramps up his political campaigning in Europe. Bluesky is one of a slew of sites trying to unseat the platform formerly known as Twitter …

European Central Bank joins Bluesky, rival to Elon Musk’s X Read More »

(Reuters) – Aena’s Spanish airports chalked up 300 million passengers last year, marking a second consecutive annual record and reaching the landmark ahead of target, the airport operator said on Monday. The number of passengers travelling through its Spanish airports rose 9,2% from 2023 to 309.3 million, Aena said, passing 300 million a year earlier …

Aena’s Spanish airport passenger numbers hit record 309 million in 2024 Read More »

By Pavel Polityuk and Yuliia Dysa KYIV (Reuters) -Ukraine has stopped production at its coking coal mine in Pokrovsk, which feeds the country’s steel industry, because of the proximity of advancing Russian forces, two industry sources told Reuters on Monday. The facility in the embattled city of Pokrovsk is Ukraine’s only mine that produces coking …

Exclusive-Ukraine halts production at Pokrovsk coal mine as Russia closes in, sources say Read More »