NEW YORK/LONDON, June 10 (Reuters) – Crispin Odey, one of Britain’s best-known hedge fund managers, is to quit the company he founded, Odey Asset Management, following allegations of sexual misconduct, the company’s executive committee announced on Saturday. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations from 13 women that Odey … Read more
June 9 (Reuters) – Tesla (TSLA.O) jumped nearly 7% on Friday after General Motors (GM.N) joined Ford (FN) in agreeing to use its electric vehicle charging network, a big victory that analysts say could make Tesla Superchargers an industry standard in the United States. The rare partnership between three of America’s largest automakers ensures that … Read more
(1/2) A selection of injection pens for the weight-loss drug Wegovy are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. REUTERS/Jim Vondruska/Illustration PM says scheme will seek to reduce waiting time for obese people £40m pilot steps in on uncertainty surrounding Wegovy UK launch Specialist service limits access to drugs to … Read more
PGA Tour calls deal ‘historic day’ for golf The agreement puts an end to disputes between the parties PGA Tour players are shocked by the surprise announcement Merger criticized by families of 9/11 victims June 6 (Reuters) – The golf world was stunned on Tuesday as the PGA Tour, DP World Tour and rival Saudi-backed … Read more
Credit Suisse to merge with UBS after deal closes New group will oversee $5 trillion in assets UBS CEO warned of painful decisions ahead UBS CEO: still analyzing plan for Credit Suisse’s domestic business UBS shares showed a slight rise in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) plans to complete its takeover of … Read more
(1/2) A general view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Brent and WTI both jump over $1 Saudi decision adds to OPEC+ cuts OPEC+ meeting, Saudi cuts could push prices higher – analysts LONDON, June 5 (Reuters) – Oil prices rose more … Read more
ZURICH, June 5 (Reuters) – The takeover of Credit Suisse (CSGN.S) by UBS Group (UBSG.S), organized by the Swiss authorities to avoid a wider banking crisis, is expected to be formalized as early as June 12, the the bank said Monday. The completion of the combination marks the final chapter for the 167-year-old institution after … Read more
LONDON, June 4 (Reuters) – AstraZeneca’s lung cancer treatment Tagrisso has more than halved the risk of death in patients with some form of lung cancer who were diagnosed early enough to have their tumor surgically removed, according to trial data. Tagrisso is already the crown jewel in the Anglo-Swedish drugmaker’s portfolio, with $5.4 billion … Read more
ISTANBUL, June 4 (Reuters) – Airbus (AIR.PA) is reaching a potentially record-breaking deal to sell 500 narrow-body A320 family jets to India’s biggest carrier IndiGo (INGL.NS), sources from the world said on Sunday. sector. The European plane maker has emerged as the favorite for an order eclipsing Air India’s historic interim purchase of 470 planes … Read more
BERLIN/LONDON, May 27 (Reuters) – Pink Floyd co-founder Roger Waters said he opposed fascism and bigotry when he wore a Nazi-style uniform on stage during a concert in Berlin which led the German police to open an investigation into the British. musician. The 79-year-old said the aspects of his performance at Berlin’s Mercedes-Benz Arena that … Read more
