Reuters UK Business

BRUSSELS (Reuters) -The European Commission said on Tuesday it had unconditionally approved the proposed acquisition of Intelsat by SES, confirming a story Reuters exclusively reported earlier this month. The $3.1-billion bid made by the European satellite company for its rival will create a major European player to rival Elon Musk’s Space X-owned Starlink. “The Commission …

EU unconditionally clears SES’s $3.1 billion bid for Intelsat Read More »

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar gained on Tuesday, helped by comments from U.S. officials that trade negotiations between Beijing and Washington were going well, although there was no clear consensus of a deal as the talks continued for a second day. U.S. Commerce Secretary Howard Lutnick repeated President Donald Trump’s upbeat tone …

US dollar rises as traders await China talks outcome Read More »

BRUSSELS (Reuters) -The European Commission proposed on Tuesday an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow’s energy revenues, its banks and its military industry. The new package proposes banning transactions with Russia’s Nord Stream gas pipelines, as well as banks that engage in sanctions circumvention. “Russia’s goal is …

EU’s new Russia sanctions to target energy sector and banks Read More »

(Reuters) -Blackstone is planning to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg Television in an interview on Tuesday, underscoring the increasing confidence in the region’s prospects. Schwarzman said Europe represents a “major opportunity” for the world’s largest alternative asset manager, which oversees assets worth more than …

Blackstone to invest $500 billion in Europe over next decade, CEO tells Bloomberg Television Read More »

By Tommy Reggiori Wilkes LONDON (Reuters) -Trading on Britain’s new share platform for private companies can begin later this year, the financial watchdog said on Tuesday, after finalising rules for a market that regulators and the government hope will bolster the country’s capital markets. The Private Intermittent Securities and Capital Exchange System (PISCES) will enable …

Britain’s regulator says trading to start on private share platform this year Read More »

By Dan Catchpole SEATTLE (Reuters) -Boeing heads into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate it has been working to reach for more than a year. The company also delivered 45 aircraft last month, it said Tuesday. …

Boeing books 303 new orders, hits 737 MAX production target in blockbuster May Read More »

COPENHAGEN (Reuters) -Novo Nordisk has launched a new late-stage trial for its experimental next-generation obesity drug candidate, CagriSema, as it tries to reassure the market of its potential after disappointing data from two previous studies. The Danish company made the announcement in an entry published on “This study will look at how well CagriSema helps …

Novo Nordisk starts new CagriSema weightloss drug trial Read More »