Headlines

Oil climbs on Middle East escalation fears, US Fed rate cut

Oil climbs on Middle East escalation fears, US Fed rate cut

  By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday, buoyed by concerns that heightened conflict in t..

BNP Paribas signs deal to buy HSBC private banking unit in Germany

BNP Paribas signs deal to buy HSBC private banking unit in Germany

  PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it contin..

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

  (Reuters) – Novo Nordisk’s chief executive is preparing for a showdown next week with U.S. Senator Bernie Sanders o..

Asia stocks, Wall St futures edge up; China trims repo rate

Asia stocks, Wall St futures edge up; China trims repo rate

  By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

  SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6% of port terminal operator Santos Brasil for 6.3 b..

Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin jumps while Japan holiday dulls most currencies

  SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..

Analysis-SocGen&#8217;s CEO Krupa tightens screws on costs as bank&#8217;s turnaround plan falls flat

Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat

By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..

EU regulator backs use of Novo&#8217;s Wegovy for obesity-related heart condition

EU regulator backs use of Novo’s Wegovy for obesity-related heart condition

(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..

Analysis-Extreme weather adds to fiscal strains in central Europe

Analysis-Extreme weather adds to fiscal strains in central Europe

By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..

Yen slides as BOJ governor steers clear of rate hike talk

Yen slides as BOJ governor steers clear of rate hike talk

By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..