Reuters UK Business

By Canan Sevgili, Paolo Laudani, Vera Dvorakova and Alessandro Parodi (Reuters) -In the year since Donald Trump’s election as U.S. president, global financial markets have had to navigate policy shocks and unprecedented uncertainty and high volatility, with stocks, gold and crypto hitting record highs.      After Trump defeated Democratic rival Kamala Harris on November 5, 2024, …

Tariffs, TACOs, and dollars: global markets in a year of Trump 2.0 Read More »

MADRID (Reuters) -Spain’s Telefonica said on Tuesday it booked a lower than expected net profit in the third quarter as a result of one-off impairment charges on its Telefonica Tech unit, though it said it was on track to meet its full-year targets. The company’s net profit in the July-September period was 271 million euros …

Telefonica books lower than expected third quarter net profit Read More »

By Sabrina Valle, Mrinalika Roy and Tom Hals (Reuters) -Pfizer filed a second lawsuit on Monday accusing Danish drugmaker Novo Nordisk of structuring its $9 billion bid for Metsera to stall the entry of the biotech firm’s treatments into the obesity drug market rather than being aimed at closing a deal.  Novo and Metsera on …

Pfizer accuses Novo Nordisk of anticompetitive plot to stall Metsera deal in lawsuit Read More »

(Reuters) -Britain’s competition watchdog said on Monday it will launch an investigation into the proposed merger between U.S.-based Getty Images and rival Shutterstock after remedies offered by the companies failed to address its concerns. Getty and Shutterstock offered a “complex package of remedies” late in the Phase 1 investigation, but the regulator said these did …

UK regulator refers Getty-Shutterstock merger for an in-depth investigation Read More »

(Reuters) -German chemicals group Evonik Industries reported a 22% drop in its third-quarter core profit on Tuesday, citing subdued demand in challenging market conditions, but beat market expectations. The company’s adjusted earnings before interest, taxes, depreciation and amortisation fell to 448 million euros ($522.5 million) in the quarter. That was ahead of a median forecast …

Evonik posts 22% drop in quarterly core profit, but beats market estimates Read More »