(Reuters) -Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest about $35 billion by 2030, CEO Kasim Kutay told Reuters in an interview on Monday. Novo[...]
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February 12, 2024
German commercial property prices post biggest-ever drop, data shows
By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year earlier in their biggest-ever drop, the VDP banking association sai[...]
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Exclusive-Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -China’s Xiaomi has told the Indian government that its heavy scrutiny of Chinese companies has made smartphone component suppliers wary[...]
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Stellantis uses surplus plants in Europe as leverage in a fight with Rome
By Giulio Piovaccari and Nick Carey MILAN (Reuters) – A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares has exposed a tough new reality: Europ[...]
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Marketmind: US inflation looms large with Asia on holiday
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been unsurprisingly quiet in Asia on Monday with China, Japan, Singapore and several[...]
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Google pledges 25 million euros to boost AI skills in Europe
By Martin Coulter LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing the funding on Monday, th[...]
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Biden calls on snack companies to stop ‘shrinkflation” rip-offs
WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes but keep prices the same, describing the practice a[...]
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Rio Tinto wrangles investors over water contamination claims
By Melanie Burton MELBOURNE (Reuters) – Global mining giant Rio Tinto, which sparked outrage after destroying an ancient Indigenous site in Australia in 2020, faces new pressure from socially co[...]
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