Reuters UK Business

By Stine Jacobsen, Bhanvi Satija and Sriparna Roy COPENHAGEN (Reuters) -Shares of weight-loss drug makers Novo Nordisk and Eli Lilly fell on Friday after U.S. President Donald Trump said that the price of Novo’s popular Ozempic treatment would be lowered.  Although Ozempic is approved to treat diabetes, it has been frequently used in the United States …

Novo, Lilly’s shares drop as Trump vows weight-loss drug price cuts Read More »

By Jan Strupczewski WASHINGTON (Reuters) -The European Union should jointly borrow to pay for European public goods like defence, research and development and energy, Alfred Kammer, the head of the International Monetary Fund’s European Department, told Reuters on Friday. Joint borrowing by EU countries is a highly controversial topic. The bloc’s biggest economy, Germany, is …

IMF urges more joint EU borrowing to pay for bloc’s public goods Read More »

(Reuters) -Meta said on Friday it will let parents disable their teens’ private chats with AI characters, adding another measure to make its social media platforms safe for minors after fierce criticism over the behavior of its flirty chatbots. Earlier this week, the company said its AI experiences for teens will be guided by the …

Meta to give teens’ parents more control after criticism over flirty AI chatbots Read More »

(Reuters) -Vienna Insurance Group will acquire all shares of German insurer Nuernberger Beteiligungs AG for 1.38 billion euros ($1.61 billion) in cash, it said late on Thursday. VIG will offer Nuernberger shareholders 120 euros per share, the insurer said in a statement, implying a premium of about 15% to the German firm’s last close of …

Vienna Insurance Group offers to buy Germany’s Nuernberger for $1.61 billion Read More »

By Gianluca Lo Nostro and Elvira Pollina (Reuters) -A 17 billion euro ($19.72 billion) joint bid by Bouygues Telecom, Iliad-owned Free and Orange for most of the assets of France’s second-largest telecoms operator SFR could prove an acid test for Europe’s telecoms market. SFR parent Altice rejected the non-binding offer, which would see the number …

Explainer-French $20 billion telecoms bid may test EU resolve Read More »