Reuters UK Business

By Patrick Wingrove (Reuters) – Gerresheimer CEO Dietmar Siemssen said he expects about 4% of the company’s revenue growth per year from deals to supply makers of drugs for weight loss and diabetes with vials, cartridges, syringes and autoinjectors. The German company reported in February that it expects to grow an average of 10% per …

Weight-loss drug deals to drive around 4% of Gerresheimer yearly growth, CEO says Read More »

BOAO, China， (Reuters) – China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing seeks to woo foreign investors amid heightened geopolitical tensions. “We will steadily push forward two-way capital market opening, and strengthen the connectivity between …

China will further enhance capital account opening, FX official says Read More »

By David Shepardson (Reuters) -The new head of Boeing’s troubled commercial airplane unit said the planemaker faces a “pivotal moment” as it works to boost quality and address significant concerns from regulators and airline customers after a panel flew off a 737 MAX 9 jet in January. “This is a pivotal moment for us, and …

New Boeing airplane chief says company faces ‘pivotal moment’ Read More »

By Huw Jones LONDON (Reuters) – Britain’s stock markets should halve the time it takes to settle a share trade to stay competitive and complete this shift by the end of 2027, a report recommended on Thursday, a step the UK government has backed to play catch up with Wall Street. Exchanges in the United …

Britain to follow U.S. move to halve stock settlement time Read More »

By Steven Scheer JERUSALEM (Reuters) – C2A Security will supply a cybersecurity platform to Daimler Trucks, the Israeli start-up said on Thursday, marking its latest deal with automakers facing strict European regulations. The contract for its EVSec platform was signed in 2023 but C2A has now made it public. It also inked deals for the …

Israeli firm C2A to supply cybersecurity platform for Daimler Trucks Read More »

By Anousha Sakoui LONDON (Reuters) – Pantelis “Linos” Lekkas, a veteran Citi dealmaker, is to retire from the bank, a Citi spokesperson confirmed on Thursday. Lekkas is currently vice chairman, Europe and Middle East, investment banking and also head of corporate banking and investment Banking for Citibank Europe. He will continue working until May 31. …

Citi dealmaker Linos Lekkas to retire Read More »

PARIS (Reuters) -The European Central Bank (ECB) is likely to start off with a “moderate” interest rate cut this spring, which should come independently of the U.S. Federal Reserve’s timeframe, ECB policymaker Francois Villeroy de Galhau said on Thursday. A growing number of ECB policymakers have supported rate reductions, with a June meeting shaping up …

ECB likely to start with ‘moderate’ rate cut this spring, Villeroy says Read More »

AMSTERDAM (Reuters) – NXP Semiconductors NV, the biggest maker of computer chips for cars, on Thursday said it had introduced a new platform that will simplify and speed up software development for its customers. The platform, which integrates software from partner companies and a new line of advanced NXP chips, makes it possible to standardize …

Automotive computer chip maker NXP rolls out new platform Read More »

By Adrianna Ebert GDANSK (Reuters) -CD Projekt, Poland’s biggest games developer, reported a 39% rise in full-year net profit on Thursday, driven by strong sales of its flagship game Cyberpunk 2077 and the Phantom Liberty expansion. Since Cyberpunk’s bug-ridden debut in late 2020, the franchise has grossed revenues exceeding 3 billion zlotys, CD Projekt said. …

CD Projekt’s annual profit rises 39% on strong Cyberpunk sales Read More »