Reuters UK Business

By Natalie Grover LONDON (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half in patients with a certain form of lung cancer who were diagnosed early enough to have their tumour surgically removed, trial data showed. Tagrisso is already the crown jewel in the Anglo-Swedish drugmaker’s portfolio, raking …

AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients Read More »

LONDON (Reuters) – Saudi Arabia will make new voluntary cuts as part of an OPEC+ deal, an OPEC+ source told Reuters on Sunday. Two other OPEC+ sources said the group is likely to agree a policy roll over until 2023 and make additional cuts in 2024 if new production baselines for members are agreed. (Reporting …

Saudi to make new voluntary cuts as part of OPEC+ deal – source Read More »

ISTANBUL (Reuters) – Airlines said on Sunday they are ready to avoid a repeat of last year’s travel chaos, but warned that some flights could still be disrupted by controller strikes and hit out at schemes that force them to pay compensation for unavoidable delays. “I am reasonably confident that we’ll be able to get …

Airlines say ready to avoid repeat of summer travel chaos Read More »

ISTANBUL (Reuters) – The head of a group representing global airlines renewed pressure on planemakers to speed up plane and parts production on Sunday, warning the delays would curtail airline capacity as demand for air travel nears a full recovery from the pandemic. Willie Walsh, director general of the International Air Transport Association, told Reuters …

Airlines body urges jetmakers to fix aircraft delivery delays Read More »

(Reuters) – UBS is considering delaying its quarterly results at least until the end of August, as the Swiss banking giant deals with complexities over its takeover of Credit Suisse, the Financial Times reported on Sunday. The bank is scheduled to report its April-June results on July 25. A notice on the bank’s website says …

UBS considers delaying results after Credit Suisse rescue – FT Read More »

LONDON (Reuters) – British Prime Minister Rishi Sunak wants to cut taxes by as much as 2 pence in the pound before the next national election which is expected in 2024, the Telegraph newspaper reported. Government officials believed that a slower-than-expected fall in Britain’s high inflation rate would not prevent a tax cut from April, …

UK’s Sunak wants to cut taxes by up to 2% before election -Telegraph Read More »

ROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies not to seek to boost their margins by leaving prices higher for longer. Visco, a member of the European Central Bank’s governing council, said the key issue was …

ECB’s Visco says falling energy prices should help tame inflation Read More »

MOSCOW (Reuters) – Russia’s Gazprom will send 40.3 million cubic metres (mcm) of gas to Europe via Ukraine on Saturday, the company said, down from 40.6 mcm on Friday. (Reporting by Reuters; Editing by Mark Potter)

BERLIN (Reuters) – German consumer goods company Henkel is sticking to its goal in terms of acquisitions despite raising interest rates, the company’s CEO Carsten Knobel told the German newspaper Rheinische Post on Saturday. “We have a strong balance sheet, we intend to make further acquisitions,” he said, adding that acquisitions would be made in …

Henkel plans to continue with acquisitions -Rheinische Post Read More »