Reuters UK Business

COPENHAGEN (Reuters) – Denmark’s business minister said on Friday that U.S. President Donald Trump’s executive order which directs drugmakers to lower drug prices would create uncertainty and challenges for Danish pharmaceutical companies. The wide-reaching order gives drugmakers price targets in the next 30 days. The U.S. administration has said it will take further action to …

Denmark says Trump’s drug pricing order is a step in the wrong direction Read More »

By Mike Spector, David Shepardson, Allison Lampert and Chris Prentice NEW YORK/WASHINGTON (Reuters) -Boeing has reached a tentative nonprosecution agreement with the U.S. Department of Justice in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people, people familiar with the matter said. The agreement would forestall a June 23 …

Exclusive-Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say Read More »

ATHENS (Reuters) – Greece has filed a lawsuit over the alleged violation of a law for the protection of antiquities by what appeared to be a drone show advertising sports retailer Adidas near the Acropolis, its culture minister said on Friday. Images on social media showed illuminated drones forming the logo and a shoe by …

Greece takes legal action over drone show advertising Adidas near Acropolis Read More »

(Reuters) -British equities closed higher on Friday, as the recent de-escalation of the global tariff war supported risk appetite, while investors anticipate more trade agreements ahead. The blue-chip FTSE 100 gained 0.6%, closing at its highest in nearly 2 months. The index posted a weekly gain of about 1%. The midcap index gained 0.6% and …

British stocks rise on trade optimism Read More »

By Nikhil Sharma and Purvi Agarwal (Reuters) -European shares rounded off their fifth week of gains on Friday, as trade deals out of the U.S. eased tariff worries and strong corporate results provided further boost. The region-wide STOXX 600 index closed up 0.4%. Most local bourses were also higher, with Germany’s hovering near a record …

STOXX 600 rounds off fifth week of gains, Cartier-parent Richemont advances Read More »

By Marc Jones LONDON (Reuters) -Romania holds the deciding round of its presidential election on Sunday with hard-right eurosceptic front-runner George Simion facing off against reformist Nicusor Dan. The stakes are high for the EU and NATO member, especially given the stances of the two hopefuls and its eyewateringly large fiscal deficit. The charts below …

Five charts on Romania’s election-driven market jitters Read More »

By Libby George and Marc Jones LONDON (Reuters) -Ukraine’s chief debt negotiator told investors in London this week that Kyiv is in no hurry to restructure its GDP-linked debt, three sources told Reuters, effectively preparing them for possible default on a payment due within weeks. The meetings in London between investors and Ukraine’s debt chief, …

Ukraine tells investors it won’t rush $3.2 billion GDP-linked debt restructuring Read More »

By Elvira Pollina MILAN (Reuters) -United Arab Emirates tech firm G42 agreed on Friday to partner with Italian artificial intelligence startup iGenius to develop a major AI supercomputer in Italy, the companies said in a joint statement. The deal is part of a broader framework announced at a bilateral summit in February, where the United …

UAE partners with Italian startup for AI supercomputer Read More »