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Bayer wins EU watchdog's endorsement for longer Eylea treatment intervals
May 23 (Reuters) - German drugmaker Bayer BAYGn.DE on Friday won an endorsement by the European Medicines Agency to extend the intervals between shots of its anti-blindness treatment Eylea, giving it a potential edge over Roche's ROG.S rival treatment Vabysmo.Bayer said in a statement the Europe...Reuters
Fri, May 23
China pledges support for overseas students after Trump's Harvard curb
BEIJING, May 23 (Reuters) - China will safeguard the legitimate rights and interests of its overseas students and scholars, the foreign ministry said on Friday, responding to the Trump administration's decision to block Harvard University from enrolling foreign students.U.S. actions will undoubt...Reuters
Fri, May 23
RedBird Capital agrees deal to buy UK's Telegraph, newspaper says
LONDON, May 23 (Reuters) - A transatlantic consortium led by RedBird Capital Partners has struck a deal to buy Britain's Telegraph newspaper, the title reported on Friday, spending 500 million pounds ($673 million) to secure control. Abu Dhabi-backed RedBird IMI bought the Telegraph titles and t...Reuters
Fri, May 23
EXCLUSIVE-India may let US, foreign firms bid for government contracts, sources say
India ready to open government contracts to US and other firms on reciprocal basis: sources UK firms get partial access to government contracts under trade dealSmall businesses to keep 25% of contracts, industry body saysBy Manoj Kumar NEW DELHI, May 23 (Reuters) - India is opening up a chunk of ...Reuters
Fri, May 23
China lowers deposit rate ceilings to protect bank interest margins, sources say
BEIJING/SHANGHAI, May 23 (Reuters) - China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks' profit margins and discourage savings.The interest rate self-regulatory body under China's c...Reuters
Fri, May 23
Euro area benchmark Bund yields set for fifth straight weekly rise
By Stefano Rebaudo May 23 (Reuters) - Euro area benchmark Bund yields dipped on Friday but were on track for their fifth straight weekly rise, tracking moves in U.S. Treasuries as fiscal concerns dominated market sentiment.The Republican-controlled U.S. House of Representatives on Thursday passed...Reuters
Fri, May 23
Hiscox share price rises 7% as investors welcome updated guidance
By Scott VincentMay 23 - (The Insurer) - Hiscox's share price closed up more than 7% on Thursday after the London-listed insurer announced a series of new targets at its capital markets day, including plans to achieve double-digit retail premium growth by 2028. With retail set to represent an in...Reuters
Fri, May 23
Poland's Arlen plans IPO on Warsaw bourse
GDANSK, May 23 (Reuters) - Polish protective clothing manufacturer Arlen Group said on Friday it planned to carry out an initial public offering (IPO) and list its shares on the Warsaw Stock Exchange. The IPO will consist of a sale of up to 35% of Arlen's existing shares to selected institutiona...Reuters
Fri, May 23
San Diego crash not expected to be significant loss for aviation insurers
By Michael JonesMay 23 - (The Insurer) - Aviation insurers are not expected to face significant losses from the crash of a private Cessna 550 in San Diego on Thursday, three senior aviation market sources told The Insurer.The private jet crashed in San Diego's Murphy Canyon neighbourhood early o...Reuters
Fri, May 23
Soccer-Ohanian says wife Serena Williams was wary of investing in women's soccer
May 23 (Reuters) - Reddit co-founder Alexis Ohanian said his wife, 23-times Grand Slam champion Serena Williams, had initially tried to talk him out of investing in women's soccer due to what she saw as a lack of infrastructure in women's sports.Ohanian acquired a 10% stake in Women's Su...Reuters
Fri, May 23
Bayer wins EU watchdog's endorsement for longer Eylea treatment intervals
May 23 (Reuters) - German drugmaker Bayer BAYGn.DE on Friday won an endorsement by the European Medicines Agency to extend the intervals between shots of its anti-blindness treatment Eylea, giving it a potential edge over Roche's ROG.S rival treatment Vabysmo.Bayer said in a statement the Europe...Reuters
Fri, May 23
International Paper to close 5 sites in UK, axe 300 jobs
May 23 (Reuters) - International Paper IP.N said on Friday it will close five packaging sites in Britain, cutting around 300 jobs, citing tough industry conditions.The U.S.-based company, which closed its $7.2 billion acquisition UK paper and packing peer DS Smith earlier this year, said a consultat...Reuters
Fri, May 23
Canada Post to stay operational; union calls for ban on overtime work
May 23 (Reuters) - Canada Post said on Friday that operations will continue, but customers may face delays due to a union-imposed ban limiting workers to eight-hour shifts.The Canadian Union of Postal Workers (CUPW) announced an immediate nationwide overtime ban, directing members to refuse work bey...Reuters
Fri, May 23
International Paper To Close 5 Sites In UK
May 23 (Reuters) - International Paper Co IP.N:UPDATE TO STATED POST-OFFER INTENTION STATEMENTS WITH REGARD TO DS SMITH PLCCONFIRM A PROPOSAL TO CLOSE FIVE OF ITS PACKAGING SITES IN UNITED KINGDOMPROPOSES RELOCATION AND OPERATIONAL CHANGES AT UK SITESPROPOSALS EXPECTED TO AFFECT ABOUT 300 ROLES BY Y...Reuters
Fri, May 23
China lowers deposit rate ceiling to protect banks' interest margins, sources say
BEIJING/SHANGHAI, May 23 (Reuters) - China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks' profit margins and discourage savings.The interest rate self-regulatory body under China's ce...Reuters
Fri, May 23
FlutterEntertainment Prices $1 Bln, EUR 550 Mln , EUR 450 Mln Senior Secured Notes
May 23 (Reuters) - Flutter Entertainment PLC FLTRF.L:FLUTTERENTERTAINMENT - PRICING OF SENIOR SECURED NOTESFLUTTER ENTERTAINMENT PLC - PRICES $1 BILLION, €550 MILLION, £450 MILLION SENIOR SECURED NOTESReuters
Fri, May 23
International Paper to close 5 sites in UK, putting 300 jobs at risk
May 23 (Reuters) - International Paper IP.N said on Friday it will close five packaging sites in Britain, cutting around 300 jobs, citing tough industry conditions.The company, which closed its $7.2 billion acquisition UK paper and packing peer DS Smith earlier this year, said a consultation process...Reuters
Fri, May 23
UK's AJ Bell posts 12% rise in half-yearly profit
May 23 (Reuters) - AJ Bell AJBA.L on Friday posted a 12% year-over-year rise in half-yearly profit before tax to 68.8 million pounds ($92.58 million), as the British investment platform benefitted from increased client activity.($1 = 0.7432 pounds)Reuters
Fri, May 23
