Category Archives:
BoE’s Bailey: We have to stay the course to get inflation down
LONDON (Reuters) - The Bank of England must stay the course to ensure the level of inflation falls back to its 2% target, the central bank's Governor Andrew Bailey said on Thursday. "We have to stay t...
May 11, 2023
UK restricts Microsoft, Activision from buying interest in each other
LONDON (Reuters) - Britain's competition regulator has published an interim order restricting Microsoft and Activision from acquiring an interest in each other without its consent, weeks after it bloc...
May 11, 2023
Electric vehicle maker Polestar lowers production guidance, cuts jobs
STOCKHOLM (Reuters) - Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and would cut headcount by 10%, citing a delayed production start for it...
May 11, 2023
Bank of England raises rates to 4.5% and sees slow inflation fall
By David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday, taking borrowing costs to their highest sinc...
May 11, 2023
Pope urges countries to manage migrant waves, expand legal channels
By Philip Pullella VATICAN CITY (Reuters) - Pope Francis appealed to countries on Thursday to manage waves of migrants as best they can and to expand channels for their safe and regular movement, as t...
May 11, 2023
Analysis-Liftoff: Modi’s space push for India counts on private players
By Nivedita Bhattacharjee BENGALURU (Reuters) - Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold ...
May 11, 2023
WeightWatchers slides as top holder Artal Group exits
(Reuters) - Shares of WW International Inc, also known as WeightWatchers, slumped more than 12% before the bell on Thursday after the weight-loss program operator said its top shareholder Artal Group ...
May 11, 2023
U.N. urges halt to Sudan conflict as fighting rumbles on despite talks
KHARTOUM (Reuters) - The U.N. on Thursday urged countries with influence in Africa to help end the conflict in Sudan after reported progress in truce talks between the army and the rival paramilitary ...
May 11, 2023
US FDA declines to approve Immunitybio for bladder cancer treatment
(Reuters) - Immunitybio Inc said on Thursday the U.S. Food and Drug Administration declined to approve its marketing application for a type of bladder cancer treatment. (Reporting by Sriparna Roy in B...
May 11, 2023
Italy’s Angelini invests up to $506 million in Japan’s JCR for epilepsy drug
ROME (Reuters) - Family-owned Italian pharmaceutical group Angelini is set to invest up to $505.5 million to fund development of a new treatment for epilepsy by Japan's JCR Pharmaceuticals, capable of...
May 11, 2023
Peoria, IL, USA
68 °F Partly cloudy
