Explainer-UBS has Swiss mountain to climb with Credit Suisse
By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) – With its Credit Suisse takeover officially wrapped up, UBS…
June 12, 2023
Analysis-Price drop fears put a brake on European grocers’ rally
By Joice Alves LONDON (Reuters) – European grocers could exceed market expectations for earnings growth this year as they keep…
BioNTech faces first German lawsuit over alleged COVID vaccine side effects
By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a…
The final countdown? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) – Another quarter percentage-point rate hike from the European Central Bank looks like…
Novartis To Acquire US-based Chinook For $3.2 Billion Upfront
BERLIN (Reuters) – Novartis said on Monday that it has entered in an agreement to acquire U.S.-based Chinook Therapeutics for…
Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg (Reuters) – Central bankers, who once considered obscurity central to…
China’s Property Sector Set To Be Persistently Weak For Years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding…
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding…
Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
(Reuters) -Entities backed by Singapore’s Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion yuan…
Marketmind: Markets drift ahead of central bank extravaganza
A look at the day ahead in European and global markets from Ankur Banerjee After surprise interest rate hikes from…