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(Reuters) -Swiss drugmaker Novartis said on Saturday it had received a binding offer from Germany’s Siemens Healthineers to acquire its molecular imaging business for Fluorine-18 positron emission tomography, or PET scans. The German health technology company will pay more than 200 million euros ($224 million) to acquire the diagnostic arm of Advanced Accelerator Applications, owned …

Novartis receives binding offer from Siemens Healthineers for molecular imaging business Read More »

ZURICH (Reuters) – Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an interview with Swiss daily Blick, Keller-Sutter extolled Switzerland’s “disciplined” finances, which she said had enabled the country to deal …

Swiss finance minister chides US, Europe over ‘time bomb’ debt levels Read More »

By Marc Jones (Reuters) – Ukraine extended an incentivised “early consent” deadline on Friday for international bondholders to back its plan to restructure more than $20 billion of its debt due to what it described as “technical issues”. The deadline was due to run until Friday, but Ukraine’s Finance Ministry said in a statement that …

Ukraine extends ‘early consent’ deadline for debt restructuring Read More »

By Dietrich Knauth and Mike Spector NEW YORK (Reuters) -Johnson & Johnson said on Friday it is negotiating with plaintiffs’ lawyers who have opposed the company’s proposed settlement of lawsuits alleging its baby powder and other talc products caused cancer, seeking to eliminate holdouts to the deal. J&J has announced plans to finalize a $6.48 …

J&J in talks with holdouts to $6.5 billion talc settlement Read More »

(Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods, Bloomberg News reported on Friday, citing people familiar with the situation. The company is making preparations for that date, even though the timing has not yet been announced, …

Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports Read More »

ZURICH (Reuters) – Nestle must invest in its brands and innovations to increase the food-maker’s market share and grow its organic sales, incoming Chief Executive Laurent Freixe said in an interview published on Friday. “To achieve market share gains and organic growth, we need to invest in our business,” Freixe told Swiss newspaper Finanz und …

Nestle needs to invest to grow, incoming CEO tells Swiss newspaper Read More »

(Reuters) – Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have critisised European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because of complex rules. Europe, which “has more open-source developers than America”, is well placed to make the most of the open-source AI wave, the CEOs said in a joint …

Meta, Spotify CEOs take aim at European AI regulations Read More »