***UPDATED

By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for cash-rich Big Pharma and a flurry of deals is just what the …

By Pamela Barbaglia and David French LONDON/NEW YORK -Battered by a near 50% plunge in its shares over the last 12 months, Nexi, Europe’s biggest payments processor, has not gone …

By Manoj Kumar NEW DELHI – India’s consumer inflation dipped to 6.71% in July, easing for the third month in a row, helped by a slower increase in food and …

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia is considering buying the currencies of “friendly” countries such as …

(Reuters) – U.S. import prices posted their first decline in seven months in July, helped by a strong U.S. dollar and on lower costs for both fuel and nonfuel products …

AMSTERDAM – Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put …

By Andy Bruce and William James LONDON – Britain’s economy contracted by less than feared in June, when public holidays had been expected to exert a big drag, although sectors …

DUBLIN – U.S. healthcare company Abbott Laboratories plans to hire 1,000 more people in Ireland in one of the biggest job announcements this year in the country’s booming multinational sector, …

SHANGHAI -China’s CATL said on Friday it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe’s largest so far, as the world’s biggest electric vehicle battery …

(Reuters) – Investors bought $7.1 billion in equities in the week to Wednesday, with U.S. ‘growth’ stocks recording their largest weekly inflow since December 2021 in a sign that fears …

By Markus Wacket and Vera Eckert FRANKFURT/BERLIN – Germany’s gas market operator is set to announce on Aug. 15 the size of a gas price levy on consumers, to help …

By Eduardo Baptista BEIJING -A hacker claims to have obtained the personal information of 48.5 million users of a COVID health mobile app run by the city of Shanghai, the …

DUBAI -A European Union proposal to revive the 2015 Iran nuclear deal “can be acceptable if it provides assurances” on Tehran’s key demands, the state news agency IRNA said on …

By Valerie Volcovici and Nichola Groom WASHINGTON – U.S. regulators raised doubts about Cheniere Energy’s decision to install higher-polluting gas-fired turbines at its Gulf Coast liquefied natural gas terminals in …

FRANKFURT – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S. funds unit, a person with knowledge of the matter said …

By Padraic Halpin DUBLIN -Flutter said on Friday it is seeing no sign of cash-strapped customers betting less and gave another positive update on its rapidly growing U.S. business, sending …

By Yantoultra Ngui SINGAPORE -Malaysian electricity utility Tenaga Nasional Bhd plans to begin the process next year for a potential $1 billion listing of its power generation business, sources close …

BERLIN -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory China’s CATL plans to build in Hungary, it said on Friday, …

By Noel Randewich (Reuters) -The U.S. stock market’s rebound in recent weeks has analysts and investors questioning whether 2022’s deep downturn has ended, but how to spot an expiring bear …

By Roger Tung and Jeanny Kao TAIPEI -Taiwan’s economy is likely to grow at a slower pace this year that initially forecast, the statistics office said on Friday, lowering its …

MOSCOW – Russian aluminium giant Rusal reported a 33% jump in first-half production costs on Friday, hit by a production halt at a refinery in Ukraine and Australia’s ban on …

By Geert De Clercq PARIS – French cartoonist Jean-Jacques Sempe, who won international acclaim with a series of more than 100 drawings for the covers of The New Yorker magazine, …

By Gavin Jones ROME – Italy’s conservative bloc will cut taxes, crack down on immigration and scrap the current system of welfare benefits if it wins next month’s election as …

BERLIN -Gerhard Schroeder, who has become increasingly derided in Germany for his pro-Russian views, has filed a suit against Germany’s Bundestag lower house of parliament that seeks to reinstate his …

HONG KONG – Hong Kong’s economy contracted 1.3% in the second quarter from the same period a year earlier, government data showed on Friday, following a weak performance in external …