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Image for Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

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Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

Image for Dollar slips after upbeat China data; euro, pound rise

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Dollar slips after upbeat China data; euro, pound rise

Image for EU agrees chips subsidies plan, EU industry chief says

Technology

EU agrees chips subsidies plan, EU industry chief says

Image for Optable Closes $20 Million Series A Financing, Broadens Investor Syndicate in New Round

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Optable Closes $20 Million Series A Financing, Broadens Investor Syndicate in New Round

Image for France’s Macron promises government action plan in next 100 days

France’s Macron promises government action plan in next 100 days

Date: April 18, 2023

France’s Macron promises government action plan in next 100 days By Michel Rose PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to heal the country after weeks of protests and anger at his unpopular plans to raise the retirement age, asking his government to open talks with unions on a wide...

Image for Business insolvency in England and Wales soars in March

Business insolvency in England and Wales soars in March

Date: April 18, 2023

Business insolvency in England and Wales soars in March LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data on Tuesday that showed a 16% increase on a year ago. The Insolvency Service Agency reported 2,457 corporate...

Image for Germany added 35% more electric car charge points in 2022, says BDEW

Germany added 35% more electric car charge points in 2022, says BDEW

Date: April 18, 2023

Germany added 35% more electric car charge points in 2022, says BDEW FRANKFURT (Reuters) – The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in the country, the BDEW energy industry association said on Tuesday....

Image for GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

Date: April 18, 2023

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash deal for $2 billion as the British drugmaker expands its bet on respiratory therapies. The move to replenish its pipeline comes as...

Image for UK unemployment edges up but pay growth beats forecasts

UK unemployment edges up but pay growth beats forecasts

Date: April 18, 2023

UK unemployment edges up but pay growth beats forecasts By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England (BoE) as it judges whether to raise interest rates further. The Office for National Statistics...

Image for Takeover-target THG misses downgraded 2022 earnings guidance

Takeover-target THG misses downgraded 2022 earnings guidance

Date: April 18, 2023

Takeover-target THG misses downgraded 2022 earnings guidance LONDON (Reuters) – THG, the online retail platform that said on Monday it had received an approach, missed its downgraded expectation for 2022 earnings on Tuesday, but said profitability had improved in the first quarter even as revenue declined. The British company reported adjusted core earnings of 64.1...