By Denis Balibouse BURE, Switzerland (Reuters) – In a sleepy village on the French border, Swiss soldiers rode down a dusty road on a Leopard 2 tank, an armoured vehicle that has spurred debate around Switzerland’s role in European defence. Switzerland has 134 Leopard 2 tanks in service, some of which were used in training…
By Natalie Grover LONDON (Reuters) – Buoyed by the success of its diabetes and obesity drugs, Novo Nordisk is on the prowl for partnerships and deals to beef up its pipeline, a senior company executive said on Thursday. John McDonald, corporate vice president of global R&D business development, said the Danish drugmaker aims to shed…
(Reuters) – Serbian President Aleksandar Vucic has proposed new gun control measures after two mass shootings in which 17 people were killed, including at least eight children. Here are some details on how Serbia and other countries have responded to such mass shootings. SERBIA Vucic proposed a moratorium on gun permits regardless of weapon type…
TORONTO (Reuters) – Canada’s economy gained a net 41,400 jobs in April, entirely in part-time work and ahead of analyst forecasts, Statistics Canada data showed on Friday. The jobless rate held at 5.0%, beating forecasts it would rise to 5.1%. Employment in the goods producing sector grew by a net 6,300 jobs, largely in construction….
NEW YORK (Reuters) – U.S. employers boosted hiring in April while raising wages for workers, pointing to sustained labor market strength that could see the Federal Reserve keeping interest rates higher for some time. Nonfarm payrolls rose by 253,000 jobs, the Labor Department’s employment report showed on Friday, while March was revised lower to 165,000…
By Hilary Russ NEW YORK (Reuters) – More job seekers are filling out applications to sling Big Macs at McDonald’s, and Starbucks baristas are staying in their jobs longer, as a cooling economy sends workers back to low-wage restaurant gigs and keeps them there. “We’re seeing application rates increase, retention rates continue to increase, and…
(Reuters) – Johnson Controls International posted quarterly earnings ahead of analysts’ expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial buildings, sending its shares nearly 5% higher before the bell. The Ireland-headquartered company has benefited from a rise in infrastructure development, with new commercial and residential buildings requiring heating, ventilation,…
By Federica Mileo (Reuters) – Air France-KLM on Friday reported a steeper than expected operating loss for the first quarter and trimmed its capacity outlook for 2023 despite strong summer bookings, dragging its shares 4% lower. “The first quarter is always a loss-making quarter and we were also hold back by the current operational climate,”…
PARIS (Reuters) – France’s financial prosecution office is investigating arms maker Thales, a source close to the matter told Reuters, after a radio station earlier reported on a probe into a fighter jet maintenance deal in India. Thales in a statement denied allegations of corruption in relation to the deal, saying it had “zero tolerance”…
By Lawrence White BIRMINGHAM, England (Reuters) -HSBC faced down opposition to its strategy and climate policy at a fractious annual investor meeting in Birmingham in England on Friday, including a shareholder proposal to spin-off its lucrative Asia business backed by major investor Ping An. Europe’s biggest bank is expected to defeat a proposal submitted by…
