Drugmaker Amgen lays off 300 U.S. employees
(Reuters) -Drugmaker Amgen Inc said on Monday that it let go about 300 U.S. employees or about 1.2% of its total workforce, citing recent organizational changes to its commercial team.…
Breaking Business news from across New Jersey.
(Reuters) -Drugmaker Amgen Inc said on Monday that it let go about 300 U.S. employees or about 1.2% of its total workforce, citing recent organizational changes to its commercial team.…
SAO PAULO (Reuters) – Mastercard Inc and Binance said on Monday they are lauching a prepaid card in Brazil, Latin America’s largest economy, as part of the crypto giant’s efforts…
DUBLIN (Reuters) – Ryanair is hiring significant numbers of Ukrainian pilots and cabin crew so that it will be ready to return to the country when the war with Russia…
By Manas Mishra and Michael Erman (Reuters) – Clarity from Pfizer Inc this week on whether China’s relaxation of its Zero-COVID policy and the surge in infections there will lead…
By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of their two-decade-old automaking alliance that will put them…
BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except construction, with inflation expectations among consumers and companies both sharply…
BEIJING (Reuters) – China’s fiscal revenue rose 0.6% in 2022 from a year earlier, slowing sharply from a 10.7% increase in 2021 due to huge tax rebates for businesses to…
By Nikunj Ohri NEW DELHI (Reuters) -State-run Life Insurance Corporation (LIC), India’s largest insurer, is reviewing Adani Group’s response to scathing criticism by a U.S. short-seller and will hold talks…
COPENHAGEN (Reuters) – Denmark’s government proposes to spend 2.3 billion Danish crowns ($337 million) on an economic aid package aimed at softening the blow from high inflation, Denmark’s finance ministry…
By Marianna Parraga HOUSTON (Reuters) – Venezuela’s state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead…
A look at the day ahead in markets from Amanda Cooper, Europe breaking news editor. This week promises to be one of the most action-packed in a while. Three of…
By Hilary Russ NEW YORK (Reuters) – With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald’s…
By Ann Saphir (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since they kicked off their…
By Harry Robertson and Nell Mackenzie LONDON (Reuters) – Investors have amassed the biggest bet against German government bonds since 2015, as the country issues large amounts of debt and…
By Lucy Craymer WELLINGTON, New Zealand (Reuters) – More than 30 years ago, some relatively youthful central bank and Treasury economists in New Zealand were grappling with how to bring…
MOSCOW (Reuters) -Goldman Sachs Group Inc. has restructured its assets in Russia, the RBC daily reported on Monday, citing two investment market sources, a move that could take the U.S.…
BEIJING (Reuters) – China’s factory activity in January is expected to have contracted more slowly than in December, a Reuters poll showed on Monday, with production hampered as workers continued…
(Reuters) – Nissan Motor Co and Renault SA have agreed to a sweeping revamp of their two-decade-old automaking alliance that will put them on an equal footing and see the…
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted a record after-tax profit for its October-December quarter and said bookings for Easter and summer flights were “very robust”, boosted…
(Reuters) -Barclays analysts on Monday upgraded Europe’s banking sector, as it sees benefits of higher interest rates and healthy financials, but downgraded the utilities sector. Analysts at the British investment…
By John O’Donnell, Lawrence White and Tom Sims LONDON/FRANKFURT (Reuters) -Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the…
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) -A panel of academics and business executives on Monday urged the Bank of Japan (BOJ) to make its 2% inflation target a…
(Reuters) -Not too hot and not too cold. That’s what investors are hoping for in terms of the economic outlook, as China recovers from COVID and as companies grapple with…
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan on Monday agreed to a sweeping reset of their two-decade alliance that will put them on equal footing. The…
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does…