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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
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
US and Iran to hold nuclear talks amid clashing red lines
Iran, US to discuss nuclear standoff in RomeTalks are aimed at reaching a new nuclear dealDifferences over enrichment put fate of talks in the balanceIran says it will hold US responsible for any Israeli strikes on nuclear sitesBy Parisa Hafezi and John Irish DUBAI, May 23 (Reuters) - Iranian and...Reuters
Fri, May 23
US President Donald Trump pushes EU to cut tariffs or face extra duties - FT
The Financial Times reported on Friday that US President Donald Trump's trade negotiators are pressuring the EU to reduce tariffs on US imports unilaterally, claiming that without concessions, the bloc would not move in discussions to avoid extra 20% "reciprocal" taxes.Fxstreet
Fri, May 23
G7 glosses over tariffs, pledges to cut global economic imbalances
G7 addresses non-market policies undermining economic securityCommunique hints at China's economic practicesG7 considers more sanctions on Russia over Ukraine conflictEU's Dombrovskis: G7 discussed lower $50 Russian oil price capBy David Lawder, Promit Mukherjee and Julia Payne BANFF, Alb...Reuters
Fri, May 23
Sunrise Communications Prices New EUR 550 Million Senior Secured Notes Due 2032 To Refinance Existing Term Loans
May 23 (Reuters) - SUNRISE COMMUNICATIONS AG SUNN.S:PRICES NEW EUR 550 MILLION SENIOR SECURED NOTES DUE 2032 TO REFINANCE EXISTING TERM LOANSPROCEEDS FROM NEW BOND WILL BE USED TO FULLY REFINANCE EXISTING EUR TERM LOANS B MATURING IN 2029 INCLUDING ASSOCIATED DERIVATIVES, FEES AND EXPENSESTRANSACTIO...Reuters
Fri, May 23
Japan's tariff envoy to visit US next week again, sources say
Akazawa to meet Bessent next week for fourth trade talks - sourcesIshiba held phone call with Trump, but no change in plan to seek tariff eliminationJapan can offer shipbuilding, car certification easing, corn and soy imports - sourceBy Yoshifumi Takemoto and Kantaro Komiya TOKYO, May 23 (Reuter...Reuters
Fri, May 23
PRESS DIGEST- New York Times business news - May 23
May 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- OpenAI unveiled plans on Thursday to build a massive computing complex in the United Arab Emirates, the new facility is part of a ...Reuters
Fri, May 23
Trump pushes EU to cut tariffs or face extra duties, FT reports
May 23 (Reuters) - U.S. President Donald Trump's trade negotiators are pushing the EU to make unilateral tariff reductions on U.S. goods, saying without concessions the bloc will not progress in talks to avoid additional 20% "reciprocal" duties, the Financial Times reported on Friday.Reu...Reuters
Fri, May 23
US judge blocks Trump's mass layoffs in blow to government overhaul
Judge extends block on Trump's mass federal layoffsAdministration appealed to Supreme Court on earlier rulingLayoffs part of Trump's plan to cut federal spending, rolesBy Daniel Wiessner May 22 (Reuters) - A federal judge extended on Thursday a temporary block on a bid by President Donald...Reuters
Fri, May 23
