Novo Nordisk invests $1.2 billion in new rare disease drugs plant in Denmark
STOCKHOLM/LONDON (Reuters) -Danish drugmaker Novo Nordisk will invest 8.5 billion crowns ($1.20 billion) in a new facility in ...
Decline in euro zone business activity eases in December, PMI shows
The economic downturn in Germany, Europe’s largest economy, eased slightly in December but business activity still contracted ...
German business activity ends year in contraction territory, PMI shows
The German economy has been dogged by intensifying competition from abroad, weak demand and an industrial slowdown. To boot, ...
BP, ADNOC’s XRG agree Egypt gas JV Arcius Energy
Sultan Al Jaber, XRG executive chairman and ADNOC CEO, said the JV “fully aligns with XRG’s objectives to accelerate the ...
Laggard European markets may be 2025’s top recovery trade
U.S. equity markets are heavily dependent on the fate of big tech stocks, whose runaway gains have taken so-called ...
UK approves Daniel Kretinsky’s $6.7 billion bid for Royal Mail parent, FT reports
(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) ...
China’s CNOOC sells US assets to Britain’s INEOS
BEIJING/HONG KONG (Reuters) -China’s CNOOC Ltd has sold its U.S. subsidiary, together with its upstream oil and gas assets in ...
UK property asking prices fall, headwinds remain for 2025, Rightmove says
The Bank of England is expected to hold interest rates at 4.75% on Thursday and has said future rate cuts were likely to be gradual. Investors on Friday were pricing in three quarter-point rate cuts ...