(Removes sourcing in headline after official announcement, no changes to text) By Klaus Lauer and Markus Wacket BERLIN (Reuters) -The CEO of Germany’s dominant rail operator Deutsche Bahn [DBN.UL] will leave the company, the transport ministry said on Thursday, capping a difficult tenure at the helm of a company dogged by under-investment, delays and public …
CEO of Germany state rail operator to leave post Read More »
By Maggie Fick SEATTLE (Reuters) -Eli Lilly will raise the UK list price of its weight-loss treatment Mounjaro by up to 170%, it said on Thursday, amid a White House push to get drugmakers to raise medicine prices in Europe to allow for price cuts in the United States. The new price, which also applies …
Lilly to hike UK price of Mounjaro weight-loss drug by 170% Read More »
By Mateusz Rabiega and Gianluca Lo Nostro (Reuters) -Adyen cut its annual revenue forecast on Thursday, citing U.S. tariffs hurting the growth of the Dutch payment company’s customers. The Amsterdam-based firm’s shares were down 9.2% by 1331 GMT, after falling as much as 20.5% earlier in the session. Adyen said the slight acceleration in net …
Dutch payments firm Adyen trims forecast as US tariffs hurt customers Read More »
(Reuters) -British student accommodation developer Unite Group has agreed to acquire Empiric Student Property, creating a $14 billion student housing giant as UK university enrolments rise. The cash-and-stock deal, which values Empiric at 634 million pounds ($860.6 million), adds to a wave of transactions in the UK real estate investment trust sector, and comes amid …
UK’s Unite Group to buy Empiric Student Property in $860 million deal Read More »
(Reuters) -Ulta will wrap up its mini-store partnership in Target stores after the current contract ends in August 2026, the companies said on Thursday. The partnership, announced in November 2020 and rolled out in August 2021, aimed at giving Target shoppers greater access to prestige beauty brands. Shares of Target fell 2%, while Ulta was …
Ulta, Target to end beauty mini-shop partnership in 2026 Read More »
OSLO (Reuters) -Aluminium producer Norsk Hydro will cut 750 white-collar jobs as part of a plan to reduce annual costs by 1 billion Norwegian crowns ($97.83 million), the company said in a statement on Thursday. The Norwegian company in June announced a hiring freeze in response to geopolitical tensions, trade disruptions and economic volatility, and …
Aluminium producer Norsk Hydro to cut 750 white-collar jobs Read More »
By Suban Abdulla LONDON (Reuters) -Gigantic robot arms controlled by artificial intelligence glide around a vast factory in Oxfordshire, England, making building frames from timber, one of the world’s oldest construction materials. With the British government committed to building 300,000 new homes a year, some housebuilders say that the combination of technology and green materials …
Could robotics and timber tackle Britain’s housing challenges? Read More »
OSLO (Reuters) -Swedish fintech Klarna, which in April paused plans for an initial public offering in the United States, said on Thursday its second-quarter revenue grew 20% from a year ago on a like-for-like basis while adjusted profits increased slightly. Klarna’s April-June revenue grew to $823 million in the quarter, while its adjusted operating profit …
Fintech Klarna’s second-quarter revenue up 20% year-on-year Read More »
KYIV (Reuters) -Ukraine’s Prime Minister Yulia Svyrydenko ordered a review of all licences to mine strategic minerals in the country on Thursday, as part of a broader effort to help the war-ravaged economy and secure new investment under a minerals deal with the United States. In April, Ukraine and the United States agreed a minerals …
Ukraine PM orders sweeping audit of mining licences Read More »
KYIV (Reuters) -Ukraine’s trade deficit widened to $18.5 billion in the first six months of the year, compared with a deficit of $12.4 billion in the same period of 2024, the state statistics service said on Thursday. (Reporting by Yuliia Dysa, Editing by William Maclean)
