DUBAI (Reuters) -A member of Iran’s influential clerical body was assassinated in the country’s northern province of Mazandaran on Wednesday, the semi-official Fars news agency reported, adding that the suspected killer had been detained. Abbasali Soleimani, also a former representative of Iran’s top leader Ayatollah Ali Khamenei in the predominantly Sunni province of Sistan-Baluchistan, died…
By Natalie Grover and Maggie Fick LONDON (Reuters) -GSK began 2023 with a quarterly performance that beat analyst expectations and extended a series of positive results following strong sales of its roster of vaccines as well as HIV and respiratory medicines. It reaffirmed its guidance for 2023, saying it expected adjusted operating profit growth to…
WARSAW (Reuters) – Microsoft will build a data centre in Poland, the company’s President for Europe, the Middle east and Africa (EMEA) said on Wednesday at the European Economic Congress in the southern city of Katowice. (This story has been corrected to say that the data centre has been launched, instead of that it will…
SHANGHAI (Reuters) – Leaders from a top U.S. business lobbying group said on Wednesday that Beijing’s probe against U.S.-based chipmaker Micron Technology Inc marked a “major concern” for other companies operating in the country. In the absence of data or “real evidence showing that Micron’s products provided or stood as an example of a particular…
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Sompo Holdings Inc will place more focus on integrating domestic and overseas operations for further growth after a spell of acquisitions abroad boosted the global presence of Japan’s No. 3 non-life insurer group, a senior executive said. “We rapidly shifted capital allocations to overseas to secure…
By Tim Hepher PARIS (Reuters) -Airbus has changed the leadership of its A320-family jetliner programme, the profit backbone of the world’s largest planemaker, as it faces a steep production ramp-up in the face of industrial pressures, industry sources said on Wednesday. Current programme leader Michael Menking has been appointed head of special projects for the…
By Tim Hepher PARIS (Reuters) -French aero engine maker Safran unveiled stronger than expected quarterly revenues on Wednesday, buoyed by a swift recovery in air travel, but predicted problems with aviation’s supply chain could drag into next year. “The (pandemic) demand crisis is well and truly behind us,” Chief Executive Olivier Andries said after reporting…
WARSAW (Reuters) – Microsoft will build a data centre in Poland, the company’s President for Europe, the Middle east and Africa (EMEA) said on Wednesday at the European Economic Congress in the southern city of Katowice. (Reporting by Alan Charlish, Pawel Florkiewicz)
By Bill Trott (Reuters) -Harry Belafonte, a singer, songwriter and groundbreaking actor who started his entertainment career belting “Day O” in his 1950s hit song “Banana Boat” before turning to political activism, has died at the age of 96. Belafonte died of congestive heart failure at his home in New York on Tuesday with his…
LONDON (Reuters) – The cost of insuring exposure to United States sovereign debt rose to its highest since 2011 on Wednesday, driven up by unease that the government could hit its debt ceiling sooner than expected. Spreads on U.S. five-year credit default swaps widened to 62 basis points, data from S&P Global Market Intelligence showed,…
