Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs
(Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa Therapeutics $150 million upfront payment for a globa..
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Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny
By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, ..
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London stocks climb, energy shares keep gains in check
By Shubham Batra (Reuters) – The UK’s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainli..
Investing
Analysis-Bricks over clicks as shops come back into fashion in Europe
By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..
Business
Norway’s wealth fund falls short on climate ambitions, NGO says
By Gwladys Fouche OSLO (Reuters) – The world’s largest sovereign wealth fund is falling short on its own climate expectati..
Investing
G20 welcomes recommendations to unlock funding for climate transition projects
By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world’s 20 largest economies aimed at financing cli..
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Accor adjusts guidance as it sees strong demand at luxury hotels
By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest hotel group by portfolio, on Thursday raised the bo..
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Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those c..
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European shares end flat as economic woes overshadow upbeat earnings
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares gave up early gains to close little changed on ..
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Harley-Davidson lowers full-year revenue forecast on weak demand
By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual revenue forecast as sticky inflation and high borrow..
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