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(Repeats to add story links in paragraph 9) COPENHAGEN (Reuters) – Wegovy-maker Novo Nordisk said on Thursday it had told all its staff to return to the office as the drugmaker’s new CEO tries to accelerate decision-making and improve its commercial execution amid intense competition in the obesity drug market. Novo on Wednesday said it …

Novo Nordisk tells staff to return to office full-time amid CEO’s revival effort Read More »

PARIS (Reuters) – Stellantis CEO Antonio Filosa said on Thursday a final scenario with U.S. tariffs was getting clearer and the French-Italian-American automaker would soon take actions based on that, as he started to sketch out the group’s new business plan. The company, which has a large manufacturing footprint in the U.S., as well as in …

Stellantis close to final scenario on tariffs with US administration, CEO says Read More »

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank President Christine Lagarde signalled no rush on Thursday to intervene in the bond market to support France, which has become engulfed in a political and budget crisis. France’s political instability and its failure to tackle ballooning public debt have unnerved investors, who have been …

ECB’s Lagarde signals no rush to rescue France on bond market Read More »

ATHENS (Reuters) – The U.S. wants to expand its energy ties with Greece, Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to further reduce Russia’s oil and gas supplies to Europe.  Burgum has been in Europe this week aiming to seal energy supply deals, which the U.S. …

US eyes stronger energy ties with Greece, says interior secretary Read More »

(Reuters) – Czech generic drugmaker Zentiva said on Thursday that private equity group Advent International had agreed to sell the company to rival GTCR for an undisclosed value. The deal values the Prague-based company at slightly more than 4 billion euros ($4.69 billion) including debt, according to a source with knowledge of the deal. The …

Private equity firm Advent to sell generic drugmaker Zentiva to GTCR Read More »

By Jessica DiNapoli NEW YORK (Reuters) -Kraft Heinz’s announcement this month that it would split was a belated acknowledgment that the Velveeta cheese and Heinz ketchup maker had missed consumers’ years-long shift away from processed foods, a trend that is now accelerating under a new push from the federal government and states including California. But, …

Kraft Heinz split may come too late to fend off growing MAHA threat Read More »

FRANKFURT (Reuters) -Germany’s VDA car industry association and IG Metall metalworkers’ union on Thursday urged the European Union to drop plans to ban the production of CO2-emitting vehicles from 2035, joining a chorus of sector voices warning against the move. VDA and the union said in a joint statement that the EU and the German …

German carmakers, trade union jointly urge EU to drop combustion engine ban Read More »

(Reuters) – London stocks rose on Thursday, boosted by industrials and bank stocks, as investors assessed corporate earnings and latest U.S. inflation data. The blue-chip FTSE 100 closed up 0.8%, its best day in over three weeks. The domestically focused mid-cap index rose 0.7%. In the U.S., data showed consumer prices rose more than expected …

London stocks rise as investors assess corporate earnings, US inflation data Read More »