By David Shepardson WASHINGTON (Reuters) – The U.S. new vehicle automotive fleet’s fuel efficiency was flat in the 2021 model year as automakers sold more sport utility vehicles and pickup[...]
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December 12, 2022
Gold is better portfolio diversifier than bitcoin -Goldman Sachs
(Reuters) – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Gold is less likely to[...]
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Exclusive-Microsoft seeks to settle EU antitrust concerns over Teams -sources
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is seeking to address European Union antitrust concerns about its business practices prompted by a complaint from Salesforce.com’s workspace messagi[...]
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EU could face gas shortage next year, IEA warns
By Kate Abnett BRUSSELS (Reuters) -The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on M[...]
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Amgen dives deeper into rare disease drugs with $27.8 billion Horizon deal
By Manas Mishra and Bhanvi Satija (Reuters) -Amgen Inc on Monday agreed to buy Horizon Therapeutics Plc in a deal valued at $27.8 billion, fortifying its rare diseases portfolio amid pressure on its t[...]
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Russia’s McDonald’s successor replacing Big Mac with ‘Big Hit’
By Alexander Marrow MOSCOW (Reuters) -Starved of Big Macs since McDonald’s Corp closed its Russian restaurants in March, Russians will from next year be treated to an alternative from the burger[...]
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EU Commission demands Uniper dispose of Dutch business – Handelsblatt
BERLIN/FRANKFURT (Reuters) -The European Commission has demanded that German gas importer Uniper divest its Dutch business to obtain regulatory approval for a rescue deal, German daily Handelsblatt re[...]
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UK’s National Grid cancels standby notice for two coal units
(Reuters) – Britain’s National Grid cancelled standby notices for Drax Group’s two coal units on Monday, according to Elexon’s website. Earlier in the day, the grid operator is[...]
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Pakistan hopes to finalise talks with Saudi Arabia on financial help soon
ISLAMABAD (Reuters) – Pakistan is hoping to conclude talks with Saudi Arabia soon on financial help for the South Asian nation, Pakistan’s Finance Minister Ishaq Dar said on Monday. Dar al[...]
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