By Natalie Grover and Maggie Fick LONDON (Reuters) – GSK chief executive Emma Walmsley on Wednesday made replenishing the drugmaker’s pipeline of vaccines and therapies her number-one priority. But analysts were disappointed she did not give more details on how she and her management team plan to find the company’s next set of blockbuster drugs. …
Analysis-GSK gives few clues on plans to replenish medicine cabinet Read More »
BRUSSELS (Reuters) -EU countries will seek a deal on Friday on a European Commission proposal to set price caps on Russian oil products, after postponing a decision on Wednesday amid divisions between member states, diplomats said. The European Commission proposed last week that from Feb. 5 the EU apply a price cap of $100 per …
EU struggles to agree Russian oil product price cap, seeks Friday deal Read More »
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy shareholders on Wednesday voted in favour of six new directors proposed by activist shareholder Palliser, and the British oil and gas company said the new board would conduct a strategic review of its businesses. The shareholder vote comes days after five directors, including Capricorn’s chair and chief executive, …
Capricorn to review business after shareholders back new directors Read More »
By Tim Hepher PARIS (Reuters) – Airbus and Qatar Airways have settled a dispute over the safety of grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial following a blistering 18-month feud that captivated rivals. The “amicable and mutually agreeable settlement” ends a $2 billion row over damage to …
Airbus and Qatar Airways settle A350 row, resume business Read More »
By Sruthi Shankar and Shristi Achar A (Reuters) -The UK’s FTSE 100 fell on Wednesday ahead of an interest rate decision from the U.S. Federal Reserve, while investors also grappled with concerns around a slowing British economy and mixed corporate updates. The blue-chip FTSE 100 closed the session 0.1% lower. The healthcare sector was the …
FTSE 100 falls ahead of Fed decision; healthcare shares drag Read More »
(Reuters) – British cybersecurity firm Darktrace Plc said on Wednesday it was commencing a buyback plan of up to 35 million shares worth 75 million pounds ($92.36 million). The buyback, which according to Refinitiv data represents nearly 13% of Darktrace’s shares in free float, would be completed by Oct. 31, the group said. London-listed Darktrace’s …
By Maggie Fick and Natalie Grover (Reuters) – GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales of its blockbuster shingles vaccine Shingrix and unveiled an upbeat forecast for 2023. The positive outlook and strong Q4 results are the latest endorsement of chief executive Emma Walmsey’s spin-off last year of consumer business …
GSK beats expectations, shingles vaccine bolsters outlook Read More »
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Veteran Hollywood producer Peter Chernin and French TV production group Banijay’s parent have expressed interest in UK broadcaster ITV’s Studios, the maker of hit show “Love Island”, sources familiar with the matter told Reuters. Other private equity-backed studios firms have also assessed the asset on …
Hollywood’s Chernin, Banijay’s owner in talks on ITV Studios Read More »
LONDON (Reuters) – The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over, according to a survey which showed price pressures slackened and the fall in demand moderated, driving a surge in optimism. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) climbed to a five-month high of 48.8 …
Euro zone factories are likely over the worst – PMI Read More »
PARIS (Reuters) -Orpea SA announced a financial restructuring on Wednesday giving bondholders the lion’s share of control as the French nursing care provider looks to recover after charges of malpractice at its homes. Orpea’s shares fell more than 30% in early trading following the news before paring losses to stand at 6.3 euros at 0905 …
France’s scandal-hit Orpea reaches restructuring agreement Read More »
