(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acquisition of Altus Intervention could reduce competition among UK oi[...]
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Europe
Factbox-Pharmacies, drug companies settle lawsuits over U.S. opioid crisis
By Brendan Pierson (Reuters) – The sprawling, five-year-long litigation over the U.S. opioid crisis appears to be entering its final phase with finalized agreements by Teva Pharmaceutical Indust[...]
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Exclusive-Vivendi-Lagardere deal faces full-scale EU antitrust probe -sources
By Foo Yun Chee BRUSSELS (Reuters) – Media group Vivendi’s proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter sai[...]
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Huawei separates Russia business from other CIS countries -source
MOSCOW (Reuters) – Chinese telecoms giant Huawei is separating its corporate division in Russia and Belarus from other CIS countries, a source close to the company told Reuters on Tuesday. Russi[...]
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Hungary cenbank leaves base rate steady at 13%, as expected
By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary (NBH) left its base rate unchanged at 13% on Tuesday, as expected, with inflation on track to scale a 26-year-high in 2023 an[...]
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Analysis-Mexican companies could resort to more spinoffs to enhance market value
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely[...]
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Fake account shows ‘challenges’ with Twitter – Lilly CEO (Nov 16)
(Removes reference to Ricks’ comment on apology from Lilly in paragraph 3) (Reuters) -Eli Lilly & Co Chief Executive Officer Dave Ricks said on Wednesday that the recent imposter Twitter acc[...]
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Volkswagen sees China sales on par with 2021 as lockdown impact lingers – Handelsblatt
BERLIN (Reuters) – Volkswagen expects sales in China to stagnate at about 3.3 million vehicles in 2022, its China chief told Handelsblatt on Tuesday, as it struggles to make up the impact of cor[...]
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ECB set to raise deposit rate 50 bps as euro zone enters recession -economists: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid price growth is bec[...]
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