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)…
Europe
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…
Czech lower house backs defence treaty with US in initial vote
PRAGUE (Reuters) – The lower house of the Czech parliament gave strong backing to a defence treaty with NATO ally…
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…
Cuba and Russian defense ministers discuss joint ‘technical military’ projects
HAVANA (Reuters) – The defense ministers of Cuba and Russia discussed the development of joint “technical military” projects this week…
Swiss energy rescue helps fuel wider 2024 budget deficit forecast
ZURICH (Reuters) – Switzerland expects its budget deficit to widen to 6.7 billion Swiss francs ($7.46 billion) next year due…
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…
Kazakhstan detains Russian cyber expert wanted by both Washington and Moscow
(Reuters) – Authorities in Kazakhstan have detained a Russian cybersecurity expert wanted by the United States, his employer said on…
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…