Reuters UK Business

KYIV (Reuters) -Ukraine’s leading natural gas producer, state-run firm Naftogaz, will receive a 36.4 million euro loan from the European Bank for Reconstruction and Development to modernise its drilling equipment, the company said on Monday. Naftogaz produces the lion’s share of Ukrainian gas, but its production facilities were severely damaged in a series of Russian …

Ukraine’s Naftogaz to buy new drilling rigs with EBRD loan Read More »

LONDON (Reuters) -The downturn in British manufacturing was less steep than first feared in May but output, orders and jobs continued to drop as companies cited recent tax hikes and U.S. President Donald Trump’s tariffs, a survey showed on Monday. The final reading of the S&P Global UK manufacturing Purchasing Managers’ Index (PMI), a measure …

UK factories struggle as trade uncertainty, higher costs hit, PMI shows Read More »

OSLO (Reuters) -Tesla’s sale of new cars in Norway rose by 213% in May from a year ago to 2,600 vehicles, registration data showed on Monday, boosted by a revamped Model Y compact SUV, the country’s best-selling automobile in each of the last three years. Year-to-date sales rose by 8.3% from the first five months …

Tesla’s sale in Norway rises 213% year-on-year in May Read More »

By Sudip Kar-Gupta PARIS (Reuters) -France’s manufacturing activity almost returned to growth in May as factory output increased for the second consecutive month, according to the HCOB France Manufacturing final Purchasing Managers’ Index (PMI) compiled by S&P Global. The final manufacturing PMI rose to 49.8 in May, up from 48.7 in April and edging closer …

French manufacturing edged closer to growth in May, final PMI shows Read More »

SINGAPORE (Reuters) – Standard Chartered has appointed Yusuf Demiral as its global head of wealth and retail banking data, analytics and AI, it said in a statement on Monday. Yusuf, who has over 25 years of banking experience, was most recently group head of data analytics and customer relationship management for wealth and personal banking …

Standard Chartered appoints ex-HSBC banker to head data, analytics and AI for wealth Read More »

MADRID (Reuters) -Spain’s manufacturing sector returned to growth in May for the first time since January as a partial lifting of U.S. tariffs fuelled business optimism, a survey showed on Monday. The HCOB Spain Manufacturing PMI, compiled by S&P Global, rose to 50.5 in May from 48.1 in April, just above the 50.0 mark that …

Spain’s manufacturing sector rebounds in May, PMI shows Read More »

FRANKFURT (Reuters) -Novartis said on Monday that its targeted radiotherapy Pluvicto was shown to slow progression of a certain type of prostate cancer, raising the prospect of treatment in an earlier disease stage for a drug technology that the drugmaker has pioneered. The Swiss drugmaker reported a late-stage trial showed a “clinically meaningful benefit” in …

Novartis’ Pluvicto shown to slow prostate cancer in earlier setting Read More »