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Image for Novartis shares fall as generics dent blockbuster heart drug
Headlines

Novartis shares fall as generics dent blockbuster heart drug

FRANKFURT (Reuters) -Swiss drugmaker Novartis, on a deal-making spree this year, reported a gain in...

28th October, 2025

Image for Exclusive-Amazon targets as many as 30,000 corporate job cuts, sources say
Finance

Exclusive-Amazon targets as many as 30,000 corporate job cuts, sources say

By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate job...

27th October, 2025

Image for BAE Systems expects to recognise $6.17 billion from UK-Turkey Eurofighter jet deal
Headlines

BAE Systems expects to recognise $6.17 billion from UK-Turkey Eurofighter jet deal

(Reuters) -British defence group BAE Systems said on Monday it expects to recognise 4.6 billion poun...

27th October, 2025

Image for Petrofac files for administration after losing major Dutch wind contract
Finance

Petrofac files for administration after losing major Dutch wind contract

(Reuters) -Oilfield services provider Petrofac said on Monday it had filed an application with the H...

27th October, 2025

Image for Novartis to acquire Avidity Biosciences for about $12 billion
Finance

Novartis to acquire Avidity Biosciences for about $12 billion

(Reuters) -Swiss drugmaker Novartis on Sunday said it agreed to acquire U.S. biotech firm Avidity Bi...

26th October, 2025

Image for Signify dims sales forecast as soft US demand hits professional lighting unit
Finance

Signify dims sales forecast as soft US demand hits professional lighting unit

By Leo Marchandon and Jerome Terroy (Reuters) -Signify, the world's biggest lights maker, reported a...

24th October, 2025

Image for Terna does not comment report on potential power grid stake sale
Finance

Terna does not comment report on potential power grid stake sale

MILAN (Reuters) -Italy's power grid operator Terna said on Friday it did not want to comment rumours...

24th October, 2025

Image for Crisis-hit Porsche plunges to $1.1 billion quarterly loss
Finance

Crisis-hit Porsche plunges to $1.1 billion quarterly loss

By Rachel More BERLIN (Reuters) -Porsche swung to a wider-than-expected operating loss in the third...

24th October, 2025

Image for Intel shares jump as investments, cost cuts catapult turnaround efforts
Finance

Intel shares jump as investments, cost cuts catapult turnaround efforts

LONDON (Reuters) -Intel shares rose nearly 10% in Frankfurt on Friday, a day after the company beat...

24th October, 2025

Image for Sika posts lower nine-month sales, plans up to 1,500 job cuts
Finance

Sika posts lower nine-month sales, plans up to 1,500 job cuts

By John Revill ZURICH (Reuters) -Swiss industrial and construction chemicals maker Sika reported a d...

24th October, 2025

Image for Ferragamo beats forecasts with 1.7% revenue rise as CEO search continues
Headlines

Ferragamo beats forecasts with 1.7% revenue rise as CEO search continues

MILAN (Reuters) -Italian luxury group Salvatore Ferragamo posted a stronger-than-expected 1.7% rise...

23rd October, 2025

Image for Accor lifts profit outlook, plans buyback after narrow Q3 miss
Finance

Accor lifts profit outlook, plans buyback after narrow Q3 miss

By Mateusz Rabiega (Reuters) -Europe's biggest hotel group Accor upgraded its core profit guidance o...

23rd October, 2025