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UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
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Aston Martin is hunting for a new CEO – Bloomberg News
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China’s exchanges restrict stock selling by some hedge funds
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EU’s Von der Leyen wants to cancel plan to halve pesticide use after farmer protests
UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government
Date: February 6, 2024
UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government LONDON (Reuters) – Britain’s minister for Northern Ireland, Chris Heaton-Harris, will travel to Washington to discuss the restoration of the province’s devolved government with U.S. lawmakers and market its economic potential, his department said on Tuesday. Northern Ireland, which is part of...
Novo Nordisk to begin 2024 share buybacks
Date: February 6, 2024
Novo Nordisk to begin 2024 share buybacks OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish maker of obesity drug Wegovy and diabetes treatment Ozempic said in a statement. Novo on Jan. 31 said it planned to carry out a share repurchase plan...
Skincare firm L’Occitane surges on report Blackstone considering buyout bid
Date: February 6, 2024
Skincare firm L’Occitane surges on report Blackstone considering buyout bid (Reuters) -Blackstone is considering a bid for Hong Kong-listed skincare firm L’Occitane International SA, Bloomberg News reported on Monday, citing people familiar with the matter, sending the French firm’s shares to their highest in two years. The U.S. private-equity giant has been conducting preliminary due...
UK House of Lords report urges EV subsidies, faster charger rollout
Date: February 6, 2024
UK House of Lords report urges EV subsidies, faster charger rollout By Nick Carey and Sachin Ravikumar LONDON (Reuters) – The UK government should take urgent action to encourage people to switch to electric vehicles, from targeted subsidies to speeding up new charging infrastructure, said a report from Britain’s upper house of parliament released on...
Britain invests 100 million pounds in AI research and regulation
Date: February 6, 2024
Britain invests 100 million pounds in AI research and regulation LONDON (Reuters) – Britain on Tuesday said it would spend more than 100 million pounds ($125 million) to launch nine new research hubs in artificial intelligence (AI) and train regulators about the technology. “AI is moving fast, but we have shown that humans can move...
Chipmaker NXP forecasts profit above estimates on automotive strength
Date: February 6, 2024
Chipmaker NXP forecasts profit above estimates on automotive strength (Reuters) – Chipmaker NXP Semiconductors forecast first-quarter profit above target and reported better-than-expected revenue for the last quarter on Monday, banking on a strong automotive market, a key consumer of its technology. Netherlands-based NXP supplies manufacturers with chips and other technologies needed for high-speed digital processing...