Honeywell to acquire heads-up display assets from Sweden’s Saab
(Reuters) – U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab’s heads-up display (HUD)…
Business
UBS looks to axe 30% of staff and keep Credit Suisse’s domestic business – source
By Oliver Hirt and Noele Illien (Reuters) – UBS is weighing cutting tens of thousands of jobs following its emergency…
Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
By Eric Onstad LONDON (Reuters) – Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded…
‘Call of Duty’ maker to invest in Barcelona after EU approves Microsoft deal
By Paul Sandle LONDON (Reuters) -Activision Blizzard said its studio that developed “Call of Duty” would set up shop in…
Stellantis to end gearbox production at Vienna plant, 300 jobs impacted
PARIS (Reuters) -Stellantis has informed unions and local officials of its plans to end operations at its manual gearbox production…
Weight loss drug candidates multiply, spurring hopes of better outcomes, lower costs
(This June 27 story has been corrected to say that Versanis drug was licensed from Novartis in paragraph 19) By…
FTX begins talks to relaunch international cryptocurrency exchange – WSJ
(Reuters) -Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported…
US goods trade deficit narrows; retail inventories rise
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed in May as imports fell, but the…
Exclusive-Top manager at U.S. firm privately sold high-tech in Russia
By David Gauthier-Villars and Aram Roston (Reuters) – U.S. technology company Extreme Networks Inc said last year it had suspended…
UK showing signs of persistent inflation, BoE’s Bailey says
SINTRA, Portugal (Reuters) – Bank of England Governor Andrew Bailey said last week’s rise in interest rates reflected a resilient…