By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines ahead of crucial updates from the U.S. Fed and European Central Bank (ECB), while Croda slid on a tepid profit outlook. The pan-European STOXX 600 index closed 0.2% down and…
By Jeff Mason WASHINGTON (Reuters) – The United States and five of its allies on Friday condemned the use of trade practices that amount to economic coercion in a joint declaration that did not single out other countries but appeared to be aimed at China. Australia, Britain, Canada, Japan, and New Zealand jointly released the…
LONDON (Reuters) – WikiLeaks’ founder Julian Assange has lost his latest attempt to fight extradition from Britain to the United States where he is wanted on criminal charges, though he will renew his appeal next week. Assange, 51, is wanted by U.S. authorities on 18 charges relating to WikiLeaks’ release of vast troves of confidential…
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest close of the year, marking a technical 20% ‘bull market’ from October’s low, disinflation signals around the world may help calm G3 central bankers meeting next week. Much like the winter euro zone recession that…
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases. The agreement includes developing, manufacturing and commercialising cell therapies that have the potential to be curative in type 1 diabetes and inflammatory bowel disease indications, the…
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been painted” by allegations of sexual misconduct by Crispin Odey published by media on Thursday, it told investors in a letter seen by Reuters. The letter, dated June 8 and signed by Peter Martin, the company’s…
A look at the day ahead in European and global markets from Kevin Buckland Another day, another market-positive appointment from Turkish President Tayyip Erdogan, and yet, another record low for the lira. Erdogan is making all the right noises to signal a return to more orthodox policy, picking U.S. banking executive Hafize Gaye Erkan as…
By Sudip Kar-Gupta PARIS (Reuters) – Lab-grown meat producer Uncommon said on Friday it had raised $30 million from investors including OpenAI chief executive Sam Altman. The British-based company’s latest funding round was led by Balderton Capital and Lowercarbon Capital. Others investors included Red Alpine, East Alpha, early stage investor Sam Altman, Miray Zaki and…
By Trevor Hunnicutt, Andrea Shalal and Kate Holton WASHINGTON (Reuters) -U.S. President Joe Biden and British Prime Minister Rishi Sunak said Thursday their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance. Biden and Sunak signed the “Atlantic Declaration,” which Sunak described as a first-of-its-kind economic…
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal. Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for…
