NICOSIA, Dec 10 (Reuters) – Discussions on the need to tighten sanctions on Russia, including the possibility of a blanket ban on providing maritime services, should not be at the expense of legitimate businesses in the industry, key EU shipping nations Cyprus and Malta said. The Group of Seven countries and the European Union are …
Dec 11 (Reuters) – EU Council and Parliament negotiators reached a provisional “pharma package” deal to modernize medicine rules, speed patient access, and bolster competitiveness, the Council said on Thursday. The agreement grants companies launching new medicines eight years of data protection for trial results and one year of market protection. Innovative products meeting specific …
EU seals pact to overhaul drug rules, speed patient access Read More »
BUDAPEST, Dec 11 (Reuters) – Hungary signed a framework agreement with Azerbaijan for the purchase of up to 800 million cubic meters of natural gas over two years, Hungary’s Foreign Minister Peter Szijjarto told a briefing on Thursday. The deal between Hungary’s state-owned MVM and Azerbaijan’s SOCAR is the third gas deal that Hungary signed …
Hungary to buy more Azeri gas, MOL close to upstream deal, foreign minister says Read More »
By Gregor Stuart Hunter SINGAPORE, Dec 11 (Reuters) – Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks. Risk sentiment turned sour after U.S. cloud firm Oracle’s profit and revenue outlook missed forecasts and …
Bitcoin dips below $90,000 as AI worries dent risk appetite Read More »
MILAN, Dec 11 (Reuters) – Banco BPM Chief Executive Giuseppe Castagna said on Thursday his bank had not examined any deal with France’s Credit Agricole and had nothing on the table regarding Monte dei Paschi di Siena, though any future opportunity would be assessed carefully. Addressing a parliamentary committee in Rome, Castagna said that Credit …
Banco BPM CEO says no talks with Credit Agricole, nothing on table with MPS Read More »
FRANKFURT, Dec 11 (Reuters) – Germany, France and Spain will try this week to break a deadlock over Europe’s next-generation fighter jet programme, a project worth up to 100 billion euros ($117 billion) seen as vital for the region’s defence ambitions as the war in Ukraine grinds on. The push for progress at talks between …
Germany, France, Spain move to end deadlock in fighter jet dispute Read More »
Dec 11 (Reuters) – Manchester United swung to a first-quarter net loss on Thursday, weighed by lower broadcasting revenue and ticket sales as the club sits out European competitions this season. The Old Trafford club posted a net loss of 6.6 million pounds ($8.83 million) for the quarter ended September 30, compared with a profit …
Manchester United swings into red as European competition absence hits revenue Read More »
BRUSSELS, Dec 11 (Reuters) – The European Union reached a provisional agreement on Thursday on new rules to require all its members to screen foreign investment into the bloc in sensitive sectors such as defence, AI or critical minerals and determine if they threaten economic security. Representatives of the European Parliament and the Council, the …
EU reaches provisional deal on screening foreign investment Read More »
(Adds dropped word “stake” in paragraph 1) Dec 11 (Reuters) – BlackRock has sold a 7.1% stake in Spanish gas utility Naturgy for around 1.7 billion euros ($1.99 billion) through an accelerated bookbuild placement managed by JPMorgan, the firm said on Thursday. The transaction leaves BlackRock with around a 11.42% stake in Naturgy after completing …
BlackRock sells 7% stake in Naturgy for $2 billion Read More »
Dec 11 (Reuters) – Shares in Givaudan fell sharply on Thursday after traders cited disappointing comments on sales guidance during an analyst call ahead of next month’s full-year results. By 1051 GMT, the stock was down more than 6% after earlier rising 0.4%. One trader said the fragrance maker did not reaffirm its full-year sales …
Givaudan shares slump over 6% after cautious sales outlook on analyst call Read More »
